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Topic: Blockburn, A big Failure - page 5. (Read 1261 times)

sr. member
Activity: 868
Merit: 333
May 07, 2020, 04:27:11 AM
Surely it will never happen, they left the project and now this project is dead. Look at their telegrams, the administrators have left and no one is active there. They made bounty with a budget of $ 15k but they chose to delay distributing it. The weakest and most miserly project in this market I know
Yes, at first, they just remove those users who ask about the distribution of bounty but right now, there is no one remain there to answer a few questions about the project.
The project is safe to assume as dead/failure since the team already left the project, no distribution will happen nor developments to come.
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
May 07, 2020, 03:58:13 AM
BURN's market capitalization is currently only approximately $30,000, the bounty campaign has to pay $15,000? This means they have to use half of the tokens in circulation to pay bounty hunters, which is not feasible. This situation their ability to pay is low, very disappointing.

Therefore, dev delays distribution because they are afraid that the tokens will become worthless, but sooner or later they will. Dev must do something so that capitalization can increase.

Do you still want them to pay BURN when it can make the token worthless? I think it's better if they use dollars to pay, that's the best way they keep their reputation and still ensure the value of the token doesn't decrease further, but then they shouldn't keep this amount for themselves, they should burn them.
Surely it will never happen, they left the project and now this project is dead. Look at their telegrams, the administrators have left and no one is active there. They made bounty with a budget of $ 15k but they chose to delay distributing it. The weakest and most miserly project in this market I know
sr. member
Activity: 1022
Merit: 257
May 07, 2020, 03:13:30 AM
At least they are yet to exit scam, they can still redeem their image. They might say their plans was truncated due to the sudden pandemic. I really hope they will take up and prove again that they are serious about the project. To confirm again that bounty hunters are not dumpers of token prices.
Are you really sure about that? Because it seems that they already did. Their product or their coin has no value right now, they don't give any update to their community. They shouldn't use this pandemic as their reason being unable to give updates because giving updates is the only assurance of the people who support this project.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
May 07, 2020, 02:29:37 AM
BURN's market capitalization is currently only approximately $30,000, the bounty campaign has to pay $15,000? This means they have to use half of the tokens in circulation to pay bounty hunters, which is not feasible. This situation their ability to pay is low, very disappointing.

Therefore, dev delays distribution because they are afraid that the tokens will become worthless, but sooner or later they will. Dev must do something so that capitalization can increase.

Do you still want them to pay BURN when it can make the token worthless? I think it's better if they use dollars to pay, that's the best way they keep their reputation and still ensure the value of the token doesn't decrease further, but then they shouldn't keep this amount for themselves, they should burn them.

token is already worthless (yesterday was announced a listing on Lbank that doesn't happened).
They are not replying on forum (few days and they are offline from 2 months).
If you ask information in their telegram chat you receive insults ---> banned.

Did you think they want spend real cash (USD$) for paying bounty user?
Did you think they "have interest (any) in their reputation" after scam accusations and a lot of topic about their big failure.

OBVIOUSLY NO! Smiley
hero member
Activity: 1593
Merit: 502
May 04, 2020, 02:48:01 AM
BURN's market capitalization is currently only approximately $30,000, the bounty campaign has to pay $15,000? This means they have to use half of the tokens in circulation to pay bounty hunters, which is not feasible. This situation their ability to pay is low, very disappointing.

Therefore, dev delays distribution because they are afraid that the tokens will become worthless, but sooner or later they will. Dev must do something so that capitalization can increase.

Do you still want them to pay BURN when it can make the token worthless? I think it's better if they use dollars to pay, that's the best way they keep their reputation and still ensure the value of the token doesn't decrease further, but then they shouldn't keep this amount for themselves, they should burn them.
copper member
Activity: 482
Merit: 1
May 04, 2020, 12:17:21 AM
At least they are yet to exit scam, they can still redeem their image. They might say their plans was truncated due to the sudden pandemic. I really hope they will take up and prove again that they are serious about the project. To confirm again that bounty hunters are not dumpers of token prices.
legendary
Activity: 3108
Merit: 1029
May 03, 2020, 11:16:53 PM
I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?

That is the proof that bounty hunters does not always causing the token price to dump.
If the token price already falling before they send the reward to hunters, then something wrong must be happened in blockburn.
You can find out what happened by tracing their eth address, the token movements and find out who sold the token.
The reason the bounty hunter causes the price of tokens to collapse is bullshit. Those are the worst reasons that projects devise to cope with the collapse of prices. The bounty allocation is only a very small amount so it is unlikely that the price will collapse so severely.
That's true and those who are saying like that just speculate without know about the fact that is always happening. The team or investors itself who have been dumping the token and mostly hunters became vitctim caused by that.

that looks so bad to see people keep saying like that
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
May 03, 2020, 11:11:18 PM
I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?

That is the proof that bounty hunters does not always causing the token price to dump.
If the token price already falling before they send the reward to hunters, then something wrong must be happened in blockburn.
You can find out what happened by tracing their eth address, the token movements and find out who sold the token.
The reason the bounty hunter causes the price of tokens to collapse is bullshit. Those are the worst reasons that projects devise to cope with the collapse of prices. The bounty allocation is only a very small amount so it is unlikely that the price will collapse so severely.
hero member
Activity: 2562
Merit: 577
May 03, 2020, 11:08:48 PM
I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?

I think this should clarify the perception of people saying reward given to hunters are the reason price of a project dump, even when reward of burn are yet to be distributed the price of burn went from $0.93 to $0.00007, such a huge dump, I was also shock to see such a huge fall in price, maybe as a result of the market situation or the team doing something behind close doors who knows,
The project looked good, idea was great, price was also very good even before ieo and the swap but suddenly the huge dump, it is really hard to say what happened.
I join the campaign because of the initial price but unfortunately things are not as we hoped it to be.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
May 03, 2020, 10:57:19 PM
Firstly, i want to clarify that the project does not exit scam nor did the team dumped  the project because they are very much active on their social media account.
Meanwhile, i also participated in the project campaign but i can assure you that all the crypto related gaming network project are expriencing dump in price right now due to the pandemic.

Active in their social media doesn't mean they were not a scam project. Too much scam project who are doing this to avoid the scam accusation towards them.
I should remind you some project like bitclave, excudo and many more.
In addition, many projects are active on social media but so far have not had any development regarding the project. Well, but the reality is that this project is not a scam, it's just that the price has dropped dramatically and many people think that this situation is beyond reasonable. it looks like the team of this project needs to do something to increase the price of their tokens and restore the trust of its users.
full member
Activity: 812
Merit: 100
May 03, 2020, 10:53:07 PM
I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?

That is the proof that bounty hunters does not always causing the token price to dump.
If the token price already falling before they send the reward to hunters, then something wrong must be happened in blockburn.
You can find out what happened by tracing their eth address, the token movements and find out who sold the token.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
May 03, 2020, 05:07:40 PM
I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?
Firstly, i want to clarify that the project does not exit scam nor did the team dumped  the project because they are very much active on their social media account.
Meanwhile, i also participated in the project campaign but i can assure you that all the crypto related gaming network project are expriencing dump in price right now due to the pandemic.

Active in their social media doesn't mean they were not a scam project. Too much scam project who are doing this to avoid the scam accusation towards them.
I should remind you some project like bitclave, excudo and many more.
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
May 03, 2020, 04:34:36 PM
I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?
Firstly, i want to clarify that the project does not exit scam nor did the team dumped  the project because they are very much active on their social media account.
Meanwhile, i also participated in the project campaign but i can assure you that all the crypto related gaming network project are expriencing dump in price right now due to the pandemic.
sr. member
Activity: 924
Merit: 256
May 03, 2020, 04:25:59 PM
just forget about the Blockburn project, and look for a project that is better than Blockburn, if you only work on the bounty program of this project then you are a lucky person than you bought it in exchange
but if you just forget about it, then some of the participants from the blockburn campaign will feel very disappointed because they are being played with like that and not get paid for what they have done, it will only make the bounty hunter's mentality go down so at least there is responsibility from blockburn.
sr. member
Activity: 2002
Merit: 250
May 03, 2020, 04:17:24 PM
just forget about the Blockburn project, and look for a project that is better than Blockburn, if you only work on the bounty program of this project then you are a lucky person than you bought it in exchange
sr. member
Activity: 2324
Merit: 263
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May 03, 2020, 11:01:57 AM
The team is fully responsible for such failures. Now it seems to me that they are causing this dump intentionally. And I don't think it's possible for this project to recover their previous position. It's no longer possible for anyone to have confidence on this failure project.
If the team is fully responsible for the failures that have occurred, then the dump that has occurred today can at least heal even though it will not be able to the previous position, and again the campaign participants have also not been paid to date, is this what is called responsibility?
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
May 03, 2020, 12:34:00 PM
I've never seen a big failure project like blockburn this year so far, in 2019 when this project was released it was trading at a whopping 0.93$, and after bounty was over, without sending any token to any bounty hunter the value is now 0.00007$, this will be the first failure project I promoted this year, the use case is something that should work as per my research but the question is, what happened? Exit scam? Or team dumped?
What do you think mate?
What they do is clearly to understood that they want to give nothing...not just a failure but totally a scam project. To that fact, bounty participant should never be wasting their time waiting for the team to deliver what they say at the beginning. And they'll get what they want also, turning back with them of what they do to the community. They are killing themselves pretty early.

This is not the only thing that happens in crypto, a lot of projects ended the same even the team give the rewards. The assurance is less when the team makes nothing to give help.

I agree with your points. Blockburn is killing themselves very early. They are such egotistical and rude to their bounty promoters! I don't know why they behave like a crap guy whenever someone asks about bounty distribution! By scamming bounty hunters, no project can stand perfectly, because it's a scam, you have to bear this word forever if you don't give the payment to hunters what they earned! Maybe this is the first time, I want to see a project needs to be finished badly, which is Blockburn! Only because of their behaviour!
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
May 03, 2020, 11:23:20 AM
I also followed the campaign and so far I have not received my payment.they postpone it again for three months, I hope that when they share it, they pay according to what they say, which is $ 15,000 for all participation.
in many projects that look promising, but with a fraudulent end, you can look for many other good projects out there again.
And there're no hope to get bounty tokens as far as team's intension, the team's were confident their project turn into strong within a few months it’s a bullshit thought. I am curious after three months how they will distribute tokens worth of 15k$ because right now their circulating token price around 32k$ that menas according to bounty allocation have to pay over 200 million BURN tokens.              
sr. member
Activity: 518
Merit: 256
Living the truth....
May 03, 2020, 10:53:21 AM
why do you think this is a failed project? Is it because you don't benefit from this project, or because this project does not have benefits and goals for the community. if indeed this happens maybe you should just wait for me who knows this project will benefit you
 

Prices have dropped many times since they ended IEO, and their projects haven't had any updates in the past. All of the operations are shady, so that's what made me evaluate this to be a failed and scam project.
hero member
Activity: 1428
Merit: 506
May 03, 2020, 10:49:04 AM
I don't think this would be the first time for a project to fail,you really don't need to get too disappointed, imagine if it was distributed to hunters,the blame would have gone to hunters,well just look for some other good project and move ahead with and never put too much hope in any project till it materialize.
That's true it's not the first time it happens, many project failed and that's what we should remind ourselves to be ready in this kind of project. At first the project seems to have the future but it ended up not worthy on joining. Lucky I did not continue my application as bounty hunter.
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