Bounties, ICO's and Airdrops should be controlled

[msz900]

Greetings Altcoins Users,
For a very long time, I am seeing the Bounties, ICO,  and Airdrops are offered by the new Coins, and every one of them claims that they are trying to make the crypto world really useful, bla bla, but in the END many of the companies are disappeared and the reward they offered become dumped. I have only seen a few of the Bounties/Airdrops/ICO that is legit and they maintain their coin price but most of the reward coins, when reached to the user wallet become useless and users can't be able to take benefit from it also they can't be able to even sell it.
So, is there a way to control it, like What if the owner has to forced to send the reward when they launched the coin on the exchange because sending the coins after 2/3 months, reduce the price of the coins and most of them are even dumped.
Please provide suggestions, that it can be possible or not?

[TomPluz]

The reason why some projects may delay the release of the coins or tokens due to those who participated in the bounty promotional campaigns is because they want to avoid the dumping as most bounty hunters tend to sell their share when they got them. So this has become like a solution to the problem of dumping, but we know that it is not actually that effective as dumping can happen anytime even without the hunters. So what I am saying is that we are in an industry where most projects are just start-up and just ideas - only a few are actually working and solid, so we can never expect their tokens to be really valuable. Of course, there are a few exemptions to this.

[masterrex]

IMHO, I dont think we can do anything about that problem, the crypto projects can be developed by anyone who has enough expertise and resources to do it, that's why crypto projects will continue to rise as long as the market was still functioning. And regarding bounties and airdrops, each and every one of us should read first the campaign rules, terms and conditions apply, and all important information about the campaign so that anyone can decide if he/she wants to participate or not. and if we accept the terms then we must endure all of the outcomes that might be encountered along the way.

[robert20]

I dont think it is possible to control or regulate aiordrops and bounties. But one thing that the bounty managers can do to prevent the projects not distributing their tokens is that, they can take the tokens before launching the bounty or airdrop and distribute it after the end of the campaign. This is mostly needed for high amount of bounty reward.

[Prime]

How can we control them? We don't have such an organization to control the projects of cryptocurrency and there is also no need to do it. As we know that there are two types of new projects: scams and also legit.
That is why we must be more and more selective, smarter and also careful when choosing the bounty from projects that are really legit.

[vegasus]

Yes, we cannot control bounties, airdrops, and also new projects. Even they are scammers or not, we may not be really exact from it. Moreover, they claim that the [price of the new tokens are commonly ending up as shit tokens, like what other members uttering. Adn we cannot stop them

[xeroz]

Who can control airdrops, bounties, or ICOs? All crypto forums? Or an institution?
I think these are difficult to control. Crypto world is a decentralized ecosystem, I never think of any ways to control it. Crypto world will lose its decentralization if there is an institution to control ICOs, IEOs, bounties, or airdrops. It is not the same as banks which can be controlled by the government, mate.

[pelana vreo]

Nice to meet you msz900
As we have seen from 2017 to date, no one can control the price of new coins when they have just completed the ICO and Airdrop, the step that needs to be taken is for developers to partner with exchanges and provide staking services, so there will be no dumps and prices are a bit stagnant.

Referring to your Qa about the control and loss of team members when the ICO is over, I once thought what if there was a trusted institution to prevent such a thing from happening, but I didn't see it, even when Nauticus exchange took all investors' funds from ICO proceeds in 2018, no there is a definite legal ruling about it.

[Senin]

Yes, we cannot control bounties, airdrops, and also new projects. Even they are scammers or not, we may not be really exact from it. Moreover, they claim that the [price of the new tokens are commonly ending up as shit tokens, like what other members uttering. Adn we cannot stop them

Only the state and its bodies can effectively monitor the fulfillment of their obligations to investors and members of ICO bounty campaigns, if they introduce something similar to licensing this type of activity. Investors and bounty hunters are virtually unable to control the progress of the ICO and therefore we often fall for various tricks of scammers who sometimes do not pay us for our work or run away from the collected funds, leaving their new tokens useless. This issue had to be resolved since 2017, but so far the states are in no hurry to regulate this type of activity.

[marcsymons]

Delaying the bounty payment and airdrops has become a natural way for ICO owners to control the market price after listing. This is to prevent dumping making their coins become shitcoins as we all know that some bounty hunters will surely sell the rewards of their hard work, but this will fuel the possible dumping. So for me, delaying is better than not paying the hunters at all, but we must choose a good bounty project like the weekly payment scheme.

[Limabd]

We don't have such an organization to control the projects of cryptocurrency and there is also no need to do it. Even they are scammers or not, we may not be really exact from it. We need to be more selective, smart and careful when choosing a project because the project is really legitimate.

[Lanirex]

They are doing Business, where is the profit they seek.  And from their way, there are honest and there are also scammers, so before we participate in Bounty, Airdrop, ICO and others in this Cryptocurrency Business, we must do further research. So that our money is not lost and our work is not in vain.

[Anonylz]

As long as the general cryptocurrency is still a free space, nothing can really be done with regards to regulation and these new coming projects will continue to test out their products whether they will hold or not. They can only send to exchange wallet if some hunter uses such wallets only if they are already listed in those exchanges and since most of them have not really listed in any exchange as at the time of all these bounties and distribution, that cannot also happen.
Engaging in everything related to crypto is usually out of luck to me.

[Master107]

Straight forward. Do not expect all of ICOs, bounties and airdrops are profitable.

Scammers will never show their real bad intentions.

Seldom to find profitable airdrops and Bounties.

Note: Invest what you can afford to lose. DYOR

[Malam90]

Straight forward. Do not expect all of ICOs, bounties and airdrops are profitable.

Scammers will never show their real bad intentions.

Seldom to find profitable airdrops and Bounties.

Note: Invest what you can afford to lose. DYOR

Right, we knew IDO sites offers good projects for investors but recently Zenchain, Bisonpad gone after raising fund from investors. Most of the new projects are now turned into scams. Only a few projects are real in the crowd of scam projects. Bisonpad, Zenchain scammed my investment including investors. Same opinion for bounties and airdrops. Few bounties paid but most of it don't pay the hunters.