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Topic: 90% Of Project Bounties Are Scams - page 3. (Read 1799 times)

hero member
Activity: 2282
Merit: 589
May 04, 2020, 02:32:05 PM

Bounty hunters face many bounty complaints because the project team's impartiality of bounty hunters makes distribution difficult, mostly exactly as described by the OP and some good gifts generally break down the distribution into fragile portions of distribution time every 2-3 months, we expect bounty in the 2018 era will then return in the future.
full member
Activity: 1610
Merit: 103
The OGz Club
May 04, 2020, 01:57:38 PM
we know that 90% of bounties are scams, and that has become part of the risk, everyone must know the risks, and I also know it,
but remember we have 10% to make money at the bounty  Wink
jr. member
Activity: 57
Merit: 1
May 04, 2020, 11:58:23 AM
I don't think I agree with you .. 90% is too much of a number to categorize all bounties. I've participated in a number of bounties and I don't think I agree with your statement.. Most times, the problem comes from bounty managers. When the bounties are not managed by trustworthy managers it becomes shady.. I always do bounties by Bounty Detective and I don't have any issues.
full member
Activity: 826
Merit: 100
May 04, 2020, 11:49:22 AM
There will be controversy over this but in fact I think the 90% figure is quite accurate, and possibly even larger. I joined a bounty hunters group, which the group projects that participated in this year were largely unpaid.
Yes, and I think all bounty hunters feel the same way, because in this year there are not so many projects that were born, so that it will be easier for us to make a percentage for all projects, both scam and non-scam projects.
full member
Activity: 938
Merit: 159
May 04, 2020, 11:33:37 AM
well I would say that the percentage is also much higher, in my opinion it also reaches 99%, since the end of 2017 the bounties have gone worse and worse and their value has drastically decreased and many have become scams, the sad reality is that perhaps the time of ico and therefore of the bounties connected to them is ended forever
full member
Activity: 491
Merit: 100
May 04, 2020, 11:02:12 AM
This is true, there aren't so much project ongoing that are real only for a very small few,also because of the pandemic so much was distorted, hopefully now that we have entered second quarter,we hope for the best and as BTC gains stability,the market will be stable and investors would want to invest in altcoins existing already.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
May 04, 2020, 10:56:11 AM
We need influential people to change this, now the bounty manager and project have done something inappropriate. There are a number of demands filed:

1. KYC must be eliminated, bounty hunters should not do this, must be another way to prevent fraud, KYC is not the right solution.
2. Distribution, many BMs and projects carry out long-term distribution, some of them always provide distribution 3 months after the campaign is over. It's not feasible for bounty hunters, give us our rights, we work and you have to pay on time.

Maybe someone wants to add to this, let's get proper rights as a bounty hunter.
full member
Activity: 363
Merit: 100
May 04, 2020, 10:26:05 AM
Still, most of the bounties right now are not good they are mostly bad projects were their intention only to get money from their investor.
So we must wise in choosing a project where you are planning to invest unto it. I suggest not this time, it is better to buy coins in
the platform exchange that are on top in the market. With this, there are higher chances that we can earn in the future.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
May 04, 2020, 10:04:59 AM
I hope there is a third party service and the third party is very helpful to hold the total bounty tokens that have been promised by their project to bounty participants, and there is a team that oversees their project to analyze the whitepaper and the performance of the team project whether it is genuine or a scammer

So the point is that the token that was promised to the bounty participant was not in the project team and in the bounty manager, but in the third party
That means what you mentioned is like escrow to hold the bounty token right when it is distributed to bounty hunters and I don't think there is a third party in the bounty campaign and all that has to be a manager and team agreement on how to give the hunters the best.
sr. member
Activity: 2030
Merit: 269
May 03, 2020, 06:40:11 PM
90% Of Project Bounties Are Scams

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.

That is why the scam section is one of the most active section with always new thread because so many scam projects are listed everyday, the manager should also have the responsibility of thoroughly, each project he is handling not only because of the profit and the gain that he is going to get.
full member
Activity: 615
Merit: 105
arcs-chain.com
May 03, 2020, 06:30:30 PM
I hope there is a third party service and the third party is very helpful to hold the total bounty tokens that have been promised by their project to bounty participants, and there is a team that oversees their project to analyze the whitepaper and the performance of the team project whether it is genuine or a scammer

So the point is that the token that was promised to the bounty participant was not in the project team and in the bounty manager, but in the third party
sr. member
Activity: 978
Merit: 250
May 03, 2020, 05:22:25 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.
We are all facing this problem before 2018. This isn't new problem but later this pump scam project was incredibly increased. Lunes wallet did the same thing but I had trust this project is average. First paid in their wallet after update nothing left there. I think token or coin distributed many projects but those token or coin had no value.
full member
Activity: 932
Merit: 100
arcs-chain.com
May 03, 2020, 11:28:08 AM
There will be controversy over this but in fact I think the 90% figure is quite accurate, and possibly even larger. I joined a bounty hunters group, which the group projects that participated in this year were largely unpaid.
full member
Activity: 1099
Merit: 116
May 03, 2020, 11:20:20 AM
I feel very bad by seeing this condition of the bounty world! Bounty is not a slavery job but some dishonest project owner and some uneducated bounty hunters made bounty work like a slavery job. Bounty hunters are not getting paid, project holder keeps deceiving the hunters, they keep making difficult the bounty section. I have no idea when all of these things will be ended but it seems it's getting bitter day by day!

Right, few bounty hunters made bounty as a slavery job but this was not at all slavery job rather it was respected task two or three years ago. Now maximum bounty hunters are doing bounty with altaccounts. If you find in any spreadsheet, you will find huge cheaters. This cheaters made bounty as a slavery job now and some bounty managers also responsible for this conditions. They made their campaign rules huge task but payment is too low to cover costs.
full member
Activity: 1582
Merit: 101
May 03, 2020, 10:55:20 AM
Yes, i think you are absolutely right here. We spent our valuable time behind the project to forwarded them to mass investors. But when payment time come they lock the sheet or token or token give their exchanges where buyers did not go. This is very very shame.

But as a bounty hunter we can not wait for until payment time, we look for next bounty and that is way maximum time we are payment less. So i think every bounty hunters should work specific bounty which may give payment in time.
full member
Activity: 826
Merit: 104
May 03, 2020, 10:10:03 AM
I think that in this forum it is necessary to create a commission, that will consist of authoritative people of this forum, which will check the bounty campaign for scam signs. Because now there is no bounty campaign regulation mechanism
a crap idea. No one will be free to implement your ideas, no one will be able to control their new and bounty projects. If you participate in bounty, you need to take risks of scam projects. If you're scared, it's best to give it up and look for another job
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
May 03, 2020, 05:32:29 AM
there are some who make payments even though the price does not match the expectations, so it seems not entirely true even though after the release the price can drop very dramatically.
That is why you are better off choosing a manager that you already trust, even if the project fee is small, at least it will pay off, rather than promoting a scam project with a large payoff.
hero member
Activity: 2926
Merit: 567
May 03, 2020, 05:30:08 AM
but it's very rare for projects that have been listed on several exchanges to do a bounty, so don't just rely on waiting for projects that are already listed, doing your own research more thoroughly is a great way to avoid scammers
In my opinion it's better not to do bounty than having to promote a scam project, even though we have already done research but it is very rarely a good project.

But this is the bread and butter of many people here, they have made a lot here in the past and they are hoping that the glory days of bounty hunting to comeback, bounty hunters should be very careful if they keep on projects that are tagged as a scam, they will also be tagged as promoters of scams.
member
Activity: 213
Merit: 53
May 03, 2020, 05:16:29 AM
Bounties are mostly scam today, the only solution is still escrow but can projects will never allowed it, popular bounty managers should start forcing escrow on new projects, this is the only way that bounty hunters can get paid after bounty ends

No, this can't be implemented

To be fair dude, most popular bounty managers want a great project, unique and have strong team. Because of this three thing he can speculate when the ICO has listed in the exchange the token is valuable and can be traded.

What if the project is poor and don't have good team? Popular bounty manager will refusing this project. Since he doesn't get popular bounty manager, then he will offering to any bounty manager who want to manage his project

As simple as that
member
Activity: 616
Merit: 16
May 03, 2020, 05:01:46 AM
that is why it is necessary to know the bounty you are participating and the campaign manager responsible for it. they bounty managers that are working with scammers. it is an organized deal. the scammers designed a fake project, launch a bounty, after a FAILED token sales which they will lie that  was successful, they proceed to list on exchanges like Latoken, p2pb2b, vindex. it is a routine task for them. you are should know this by now.
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