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Topic: 90% Of Project Bounties Are Scams - page 12. (Read 1771 times)

full member
Activity: 952
Merit: 110
April 04, 2020, 02:06:02 PM
Let's get used to everything going on in crypto space, scammers will always be around but it's left for us to stay vigilant and try to avoid any unnecessary mistakes by doing better research, if you aren't ready for better research your chances of getting good reward will be low
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
April 04, 2020, 01:43:36 PM
Since the year of 2018 the number of scam projects have started to increase, that is why investors and bounty hunters have lose their trust in new projects because most of the time the team members are making a lot of excuses when there are some delays in distributing their rewards and some team members have run away.
I think that there have always been many scammers, it’s just that even scammers used to collect a lot of money and it was not a pity for them to pay bounty hunters. Now people began to choose projects better and therefore we begin to think that there are more scammers. in fact, it is we have become smarter
hero member
Activity: 1806
Merit: 720
Top Crypto Casino
April 04, 2020, 01:35:18 PM
I agree with you. But here is another reason. Many times good projects and their ico cannot be successfully completed. So they cannot be listed on large exchanges, because they have not big money to do marketing and pay listing fees. People who do Bounties get the token but they cannot sell it because the price of the token is low. In the current market situation, 99% of projects are not successful. So it's not fair to expect much here.
I know the Binance team has charged one new project 50BTC a year ago but have no idea about the current listing prices on the Binance exchange. The price matters a lot for bounty hunters, if they can't sell the tokens to the buyers, they will complain in all possible social media platforms like "when Binance?".

As far as I know now, binance doesn't charge listing fees anymore. If binance list any coins, they write on the announcement the listing fee is 0. But I think listing the coins in the binance requires huge funds. Binance charges it any other way. However there are many exchanges besides binance, new project have not ability to list their coins on those exchanges.
hero member
Activity: 1316
Merit: 502
April 04, 2020, 09:59:58 AM
Since the year of 2018 the number of scam projects have started to increase, that is why investors and bounty hunters have lose their trust in new projects because most of the time the team members are making a lot of excuses when there are some delays in distributing their rewards and some team members have run away.
The rules on bounty are too lax, which gives scammers too many opportunities to trick investors, the most realistic correction and improvement in recent years has been the appearance of IEO, creating a protective shield for both investors and projects. But as soon as investors had a little hope of returning, the association with the poor exchanges then started the IEO process, which pushes investor profits into a deep pit, that's like a new scam, lose faith in the project and bounty again appears, bounty is probably hard to build trust back with projects right now
TWW
full member
Activity: 1456
Merit: 109
April 04, 2020, 09:39:16 AM
It is indeed very difficult now to find a legitimate bounty campaign that really pays for its participants without any reason or anything. And also it seems like some projects also postponed the sale of their tokens/coins because the current conditions do not allow it, and if forced maybe the target will not be reached and the bounty hunter will also not get paid.
It will certainly never happen now, if their IEO project or ICO is successful, they will continue to postpone payment for bounty. I don't understand why they do that, if they don't want to pay for bounty then it's best not to create it.
some projects give hope like that. who knows what their purpose is, but they are only looking for profit for themselves by not paying the part that has been allocated to the bounty hunter. many reasons, unless they failed to get funds and could not continue the project.
sr. member
Activity: 2268
Merit: 275
April 04, 2020, 09:36:22 AM
Since the year of 2018 the number of scam projects have started to increase, that is why investors and bounty hunters have lose their trust in new projects because most of the time the team members are making a lot of excuses when there are some delays in distributing their rewards and some team members have run away.
It is true that in that year many projects failed and have taken investors' money and even in my opinion almost 70% of the projects ran away I think there is also disappointment of investors and hunters towards new projects now and some of them have stopped choosing new projects as good profit.
Maybe now investors will choose the best according to them and not focus too much on new projects because it takes a long time to develop a project in the near future.
sr. member
Activity: 966
Merit: 274
April 04, 2020, 09:22:00 AM
Since the year of 2018 the number of scam projects have started to increase, that is why investors and bounty hunters have lose their trust in new projects because most of the time the team members are making a lot of excuses when there are some delays in distributing their rewards and some team members have run away.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 04, 2020, 08:51:38 AM
It is indeed very difficult now to find a legitimate bounty campaign that really pays for its participants without any reason or anything. And also it seems like some projects also postponed the sale of their tokens/coins because the current conditions do not allow it, and if forced maybe the target will not be reached and the bounty hunter will also not get paid.

Not all companies that open their ICO are fraudulent from the very beginning. But in the process of working, they face problems that they cannot solve due to the lack of proper experience and knowledge among the team members. These are the companies that lose control over the management, and then lose interest in the project itself.
sr. member
Activity: 644
Merit: 250
https://primedao.eth.link/#/
April 04, 2020, 08:49:07 AM
It is indeed very difficult now to find a legitimate bounty campaign that really pays for its participants without any reason or anything. And also it seems like some projects also postponed the sale of their tokens/coins because the current conditions do not allow it, and if forced maybe the target will not be reached and the bounty hunter will also not get paid.
It will certainly never happen now, if their IEO project or ICO is successful, they will continue to postpone payment for bounty. I don't understand why they do that, if they don't want to pay for bounty then it's best not to create it.
full member
Activity: 646
Merit: 100
tozex.io
April 04, 2020, 08:47:30 AM
It is even tiring,last year was even a bit fair, you could do some bounties and hope that you would be paid and at the end you get rewarded though so many were also scam,this year I doubt if I investors want to invest in new projects because some have exited scam,so they would rather invest in projects in coin marketcap,so since no new project success, the same applies for bounties too.
sr. member
Activity: 1190
Merit: 257
April 04, 2020, 08:38:25 AM
It is indeed very difficult now to find a legitimate bounty campaign that really pays for its participants without any reason or anything. And also it seems like some projects also postponed the sale of their tokens/coins because the current conditions do not allow it, and if forced maybe the target will not be reached and the bounty hunter will also not get paid.
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
April 04, 2020, 08:16:11 AM
to reduce the level of fraud that does not pay bounty participants, the moderator must apply new rules to new bounties who want to do promotions, one of which might be to ask the project team to send tokens to the escrow or bounty manager
I have seen a lot of new rules, but there are still too many scam projects in this market. No matter what bounty managers do, they will face scam projects and failures. I think we should wait for the market to be better so that bounty can succeed like it used to be
sr. member
Activity: 882
Merit: 253
April 04, 2020, 08:12:49 AM
Too few successful projects in this market, and successful projects delay the token distribution because they are afraid their tokens will collapse. It's too hard for bounty hunters to continue to work in this market, if they lived on bounty then I think they wouldn't be able to survive.
They should plan it very well before they launched their campaign or even their whole project. Its matter of planning how they come up with any scenario that can collapse their projects and because of that many investors are now afraid to invest in projects right now. Its resulted for a few success projects and coin offering. Some projects are good, but they launched it's not survive in the market. Project team should be focus in project development and how they will compete to others.
We should avoid and make our own research so that in the end we will not blame ourselves.
full member
Activity: 1456
Merit: 148
April 04, 2020, 08:09:51 AM
Yep I agree 90% of the project bounties are scam. We are already 2020 and nothing has changed still many scam project operates, it's like they wait for the fish(investors) to hook. Hunters should avoid to promote a scam project.

In my opinion, these Bounties hunters should work on themselves to stop their greediness towards scam projects across board. We have said the time without number that: researching the entire project before promotion will save the investors money and equally save the hunters of the stress of work without payment.

Let's all come together and be more careful with projects without good team members and real world case use. Let protect ourselves and also the investors, please.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
April 04, 2020, 08:03:24 AM
For this year it seems that it has not yet gotten income from the bounty, many projects have postponed payments for various reasons. besides that unsatisfactory prices become its own problems, because indeed the current situation is less conducive, where the world economy is experiencing problems


especially the Corona Virus problem. as we see today that the world is haunted by a corona outbreak, there is no activity, some countries quarantine their people, the global economy is declining and also has an impact on the crypto market industry.
but it cannot be denied that this year there are absolutely no profitable ICO projects, many Scam projects and even more painful participating in successful projects. Project tokens have a high sale value in the market, but do not pay participants for some reason.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
April 04, 2020, 08:01:37 AM
For this year it seems that it has not yet gotten income from the bounty, many projects have postponed payments for various reasons. besides that unsatisfactory prices become its own problems, because indeed the current situation is less conducive, where the world economy is experiencing problems



Well, you are in a bounty now, maybe that is your lucky moment.

Actually ever since the altcoin market has been dump, I've never seen the normal success of the fund raising again.
It's too far away compared to last 2017 and early 2018, it seems like the interest of the people was not here anymore and they choose to invest on old and high volume coins, particularly bitcoin and some good altcoins as well, reason why some major altcoins has still survive until now, but I have not seen them grow yet.
full member
Activity: 1526
Merit: 111
Pepemo.vip
April 04, 2020, 07:54:23 AM
For this year it seems that it has not yet gotten income from the bounty, many projects have postponed payments for various reasons. besides that unsatisfactory prices become its own problems, because indeed the current situation is less conducive, where the world economy is experiencing problems

sr. member
Activity: 1274
Merit: 263
April 04, 2020, 07:40:39 AM
I recommend to join to the bounty campaign that manage by the trusted and have a lot of successful campaign because for sure they are checking and reseaching about the project before they accept that. But there is still a chance that a project is scam or you did not get any reward but that is not fault of the manager because first of all it's your decision to join and no are forcing you to join so participate at your own risk.
jr. member
Activity: 294
Merit: 1
April 04, 2020, 07:34:52 AM
Really it's sad thinking for everyone bounty hunter who is depends on the totally bounty work. Actually many people in here no have knowledge trading or invest choice good coins. More people in here depends on the bounty work, and exactly it's to sad their can't participate available every project.
but not everyone relies on prizes or knowledge in trading & investing in crypto. it's just that everyone has differences & characteristics with each other. crypto world is free, even we all here don't know each other whether you or some of us are really real & honest?
jr. member
Activity: 311
Merit: 1
April 04, 2020, 07:34:34 AM
I fully support your point of view. I met with similar problems and still meet, unfortunately, but less often. Apparently the forum moderators work many times better by filtering a scam. Thanks so much for that!
By the way, I already have a blacklist of nicknames with whom it is better not to associate and not spend time on them. And I advise you do it.
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