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Topic: 90% Of Project Bounties Are Scams - page 13. (Read 1799 times)

sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
April 04, 2020, 06:28:06 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.
member
Activity: 375
Merit: 10
April 04, 2020, 06:26:38 AM
There is no way to avoid scam projects in new industries. When people don`t understand what is crypto there will be frauds who just want to steal people`s money. Bounty hunters and investors need to learn how analyze project and choose only trusty one
full member
Activity: 651
Merit: 103
April 03, 2020, 10:09:51 PM
I will agree that 90% of bounties are scam and only 2% of all bounties that are becoming successful. I don't like participating in bounties because of the risks, what kind of risks? It is the risks of wasting my effort and my time. I will only join in bounty that is look promising and also bounty thathave good promotion and project.
member
Activity: 550
Merit: 10
April 03, 2020, 10:04:32 PM
Yeah, most of the bounties right now are scams and the era of successful projects are done, I mean there some projects are getting successful, but most of them are not and there are some fraudulent projects that gets the attention of the investors.
full member
Activity: 994
Merit: 100
April 03, 2020, 09:34:47 PM
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
hero member
Activity: 3052
Merit: 606
April 03, 2020, 06:51:39 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?".
Most of the bounty running now can't afford to get listed in Binance, unless they use Binance platform on their IEO, but there are only few project using that since Binance are very careful in terms of evaluating the project as its their reputation is on the line here. What we actually need is an altcoins season, that would boost the altcoins market and would help few exchanges to gain trading volume.
hero member
Activity: 1358
Merit: 509
April 03, 2020, 06:34:50 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?".
full member
Activity: 434
Merit: 101
https://www.payaccept.net/
April 03, 2020, 04:31:36 PM
Bounty now isn't same as bounty 2017,2018 and partly 2019. Bounty isn't paying like before the many are scams, many would promise to pay and ends up not paying hunters and many will list, scam investors and run. Some will pay half of your rewards after completing kyc and others will take years before they distribute. Bounty isn't like what we know. It's only few that pay as promised.
copper member
Activity: 966
Merit: 5
April 03, 2020, 03:37:41 PM
That has been the order of the day now, and sadly enough almost nothing can be done about it. They always add that, they can change the rules if they pleases and they won't say anything about it till the end of the bounty campaign then they will start enforcing rules which will please them which ranges from extending payment to locking payment or even not paying at all while giving excuses and when asked you will be banned. A project which struggles to have a successful sale and afterwards reduce allocation is justifiable and vice versa.
Any project which finds it hard paying for workdone lacks trust and reliability and if a project is not ready for any campaign, then they shouldn't launch it in the first place.
sr. member
Activity: 1936
Merit: 290
April 03, 2020, 02:24:14 PM
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.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
April 03, 2020, 02:21:15 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.
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
April 03, 2020, 02:07:44 PM
In my own opinion, it is not exactly 90% maybe only just a 80% of it. The reason why other participants only thinks that a project is a scam because they don't receive their rewards on time, that is why they assume that the project is only just a scam, and sometimes their token don't have any good value in some exchanges.
sr. member
Activity: 1988
Merit: 453
April 03, 2020, 12:28:26 PM
There are multiple risk factors associated with the bounty campaigns. If any of these factors get activated, then you may not receive the bounty reward. First of all, only a small minority of the new projects are successful. So what happens to the others? They fail at the market and those who participated in the respective bounty project will be left with some worthless tokens. And even if the project lists successfully, there is a good chance that either the campaign manager or the promoter will refuse to make the reward distribution.
sr. member
Activity: 680
Merit: 255
April 03, 2020, 11:53:18 AM

Nowadays scam projects are very smart, you won't be able to see which ones are scam when you check out simple steps like that. They can easily plagiarize and create a fake development team,
Yes, fraudulent projects now have a lot of tricks to bypass inexperienced people, they can steal ideas or fake media websites.

now we just need to care about the partners of that project. If the projects have large and real partners, then those projects will certainly succeed
This is probably a very good idea, but very few projects get there. On the other hand, there are projects associated with major exchanges, but as soon as they go to the exchange, they pump and then dump.
sr. member
Activity: 939
Merit: 256
April 03, 2020, 11:45:20 AM
I think the rate of scam aridrop programs is even higher, from 2018 to now we've only witnessed bounty hunters complaining about scam bounty programs.
The best way we can avoid scam bonus programs is to carefully check the projects.
Checking out white papers, development teams, media websites is also a way to help people avoid scam bonus programs.
we just need more carefull when joining in any campaign, airdrop or bounty campaign have same thing. although we read carefully to whitepaper or anything else but if its time to be scamm project we could not avoid it. even project that running smoothly in their developtment suddenly could be scamm project. we often to see it.
It's a really sad thing for bounty hunters, sometimes people work for months but don't get anything.
A thorough inspection of the project before joining can help us reduce the risk of encountering fraudulent projects but it cannot guarantee that we can completely avoid them.
jr. member
Activity: 498
Merit: 1
Worlds Simplest Cryptocurrency Wallet
March 30, 2020, 03:16:43 PM
The current market space is difficult for emerging projects to compete in, except in the case of ieos on big exchanges. These bounties end up amounting to nothing because the projects struggle to make it to an exchange, struggle to get trade volume.
member
Activity: 1540
Merit: 68
March 30, 2020, 02:47:11 PM
90% Of Project Bounties Are Scams

If I see a project that appeared in 2018 until now has experienced a very significant setback. Most of them are con artists. Fraud that often occurs in the form of postponement of time, not paying the completion of the campaign, not being listed in the exchange, locking up tokens for a very long time, even some who cannot make withdrawals.

There is also something that happens with changes to the wallet payment to the platform in a short duration, so we did not know there was a change. And when we ask easily they answer the distribution period is over. Really we are like dealing with extraterrestrials.

They make campaign participants like their helpers. Change the rules of work as they please, some even delete from the list of campaigns, even though they have worked for up to a month.

Do they not think that we spend a lot of time campaigning for their projects.

All they have to know is that the services of campaign participants are very large towards the success of a project. It is they who continue to provide information to the public.

I hope the bounty manager can check each project before it is managed, and for cheat managers, stop cheating.

I think it has always been like that since time past, 90% of bounty program have always been scam or none paying.
The reason why it is obvious lately especially this year is because there are fewer bounty programs, and the gap is greatly felt.

Regarding rules change, it has been stated already that rules are liable to be changed by the team.
Just dyor, understand the rules before participation
member
Activity: 775
Merit: 11
March 30, 2020, 02:43:26 PM
Maybe it's because of the current market situation. Investors are not in a hurry. The market is also downward and most of the projects don't have any potential on it. Maybe the number is now 95% or more but there are some project that has something o it. If you use some of your time to do some research then you will find those unique project
[/quote
it is not easy to research or find a good project as you wish, even every day many ICO projects come up with different concepts and offer benefits according to the information in the project work map but the fact is the opposite. It's not easy to find bounty projects that are truly worth following or profitable for investment too.
newbie
Activity: 30
Merit: 0
March 30, 2020, 01:20:19 PM
Maybe it's because of the current market situation. Investors are not in a hurry. The market is also downward and most of the projects don't have any potential on it. Maybe the number is now 95% or more but there are some project that has something o it. If you use some of your time to do some research then you will find those unique project
I've had experience of searching for worth spending money project and there were a couple and I invested in 'em.
Unfortunately, none of them were good enough to make it out there.
So at this point I'm not bothering myself finding another place to invest in, I just choose between known projects/stocks
sr. member
Activity: 1456
Merit: 280
BitByte Crypto: https://link3.to/bitbytecrypto
March 30, 2020, 12:17:45 PM
2019 was the worst year for the bounty hunters because there were more than 80% project which came with the same concept to work that were already in the market. In that situation , project do their funding and just tried to list their any exchange to satisfy the investors. But in the long run, many of that project lost their potentiality and also team were in the shadow. It was the worst for investors as well as the hunters. Nowadays, i see that it's happening again because many projects start with the same concepts which are already in the market. Also this projects start their bounty and many hunters are in confusion which project we should  choose to work. Not only this but also many bounty mangers appear in the market who are just launch any shit projects bounty without any research. That's really bad for the hunters. Cry
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