Yeah, we are the one should to determine the legitimacy of crypto project by doing our due diligence.
Our time and our efforts are our responsible, therefore we need to find a real bounty project so our time and efforts won't go in vain.
There are many campaigns running, but there are only few of them are good and legit.
Topic: Bounty Managers do not Determine the Legitimacy of a Cryptocurrency Project - page 4. (Read 5359 times)
August 08, 2019, 09:40:46 PM
August 08, 2019, 06:18:46 PM
I do not even consider bounty managers or look into the manager who is managing the bounty campaign before participating because I personally believe and support the idea that the legitimacy of cryptocurrency project is never determined by bounty managers and even most of them categorically states in their bounty campaign that they are not part of the team and not responsible for whatever happens along the line.
August 08, 2019, 01:25:00 AM
Thank you for your suggestion that before deciding to join, it's better to do research. But in my opinion, a bounty project managed by a trusted manager is far better than the other way around.
August 08, 2019, 12:35:49 AM
Indeed, but i know some legendary members of bitcointalk usually running a legit campaign.
They usually pay the participants in BTC, most of the campaigns are signature campaign.
But we should do our own research about the project without regarding who the bounty manager is.
It will increase the possibilities to pick the right projects to support even it's been handle by low ranks account, everything still depends on how the developing team will succeed, it's not in the hands of the managers as they are also leaning from how the tem will bring good results,they are just there to facilitate and help the team to promote making it sure that participants will do their task in the right manners. They usually pay the participants in BTC, most of the campaigns are signature campaign.
But we should do our own research about the project without regarding who the bounty manager is.
August 08, 2019, 12:02:20 AM
Indeed, but i know some legendary members of bitcointalk usually running a legit campaign.
They usually pay the participants in BTC, most of the campaigns are signature campaign.
But we should do our own research about the project without regarding who the bounty manager is.
They usually pay the participants in BTC, most of the campaigns are signature campaign.
But we should do our own research about the project without regarding who the bounty manager is.
August 07, 2019, 07:17:22 PM
The bounty manager is not the most important factor to determine the legitimacy of the project, you need to study the project itself carefully regardless of its bounty manager. The quality of the project can show you if it is worth investing money and/or time, or not.
The whitepaper, the team, and the product are the most important things to be analyzed before investing.
The whitepaper, the team, and the product are the most important things to be analyzed before investing.
August 07, 2019, 06:45:36 PM
The legitimacy of a cryptocurrency project is not and cannot be determined by a bounty manager. Bounty managers do their best to post real legit projects in other not to tarnish their image but the truth and honest of the matter is, bounty managers don;t determine the legitimacy of a cryprocurrency project. To determine the legitimacy of a crypto project, a thorough research into the project, the team behind it and their mission is what is going to help you know the legitimacy of the project not the bounty manager.
August 07, 2019, 04:29:03 PM
We should not judge any project or ICO because of bounty manager. i have seen many projects managed by good bounty managers turned to be scam or failure. The best example is wemark. It was managed by Amazix. The project was a failure and the team shut down it. So When making a choice, its our own responsibility to check the details of the project before investing time or money into it.
August 07, 2019, 02:49:26 PM
I absolutely concur with this point "Along these lines, don't join a bounty or invest into a project due to the bounty manager. Do your exploration before contributing your money or time on any project". I know numerous extraordinary managers however at some point the project which he oversaw fizzle. That is implies manager has no certification of accomplishment
August 07, 2019, 02:01:28 PM
I believe that the bounty manager only helps the project to get more bounty hunters. because as I understand it, many bounty hunters always follow projects promoted by their own trust manager. although it is certainly not a success, but they believe in every project held by the bounty manager he used to follow.
That is typically the main duty of bounty mangers to get hunters for the project, but bounty managers should not only limit their loyalties to those projects alone, their main loyalty should be with hunters who would promote the project because without them , there is no way those investors would know about the project.Their loyalty too needs to lie with the investors out there, and the only way their loyalty can lie with investors too is for them to do their due diligence on any project they are accepting and then ensure that the project is of a quality one, and would not turn scam at the end, although is difficult for them alone to spot one, but with their help as the first point of filtering the project, then hunters too can do their due diligence, thereby protecting the interest of the investors out there.
August 06, 2019, 11:40:36 AM
It is true, but as a bounty hunter you can stick to your beloved manager and reduce the risks of taking part in a fraud campaign. Several managers are doing their own research and try to sort out garbage campaigns to protect their image.
August 06, 2019, 11:21:06 AM
I have read a lot of people claiming that the rank or online personality of the bounty manager can help in knowing the or determining if investing in a token project will be worthwhile. I must tell you I was of the opinion until this morning when I learnt about the incompetence of a bounty manager I used to follow. Remember most of us don't know each others beyond our online profile. I learnt he will be managing more bounty after he left his old profile to embrace another one.
Although, he's not tainted as fraud yet because my source won't say if he is. But the issue is if he is to fraud unsuspecting newbies, that how he will do it. U believe u can trust him base on his forum rank and experience. But he is fake who has series of identities for his guise.
So, don't join a bounty or invest in a project because of the bounty manager. Do your research before investing your money or time on any project.
Although, he's not tainted as fraud yet because my source won't say if he is. But the issue is if he is to fraud unsuspecting newbies, that how he will do it. U believe u can trust him base on his forum rank and experience. But he is fake who has series of identities for his guise.
So, don't join a bounty or invest in a project because of the bounty manager. Do your research before investing your money or time on any project.
Never trust anyone 100%. There may be many lucky people who have chosen good projects, but this does not give any guarantees that they can make a mistake the next time. Therefore, you should never rely on the choice of strangers in monetary matters.
August 06, 2019, 11:15:54 AM
at least professional managers and many of them have better experience. I have never seen a manager just from a rank. If every manager does escrow for payment security, that would be great. For a good project, you will definitely have to research again.
August 06, 2019, 09:36:37 AM
sometimes we see a bounty manager with negative beliefs but does not allow participants with negative beliefs to join the campaign he is holding. it becomes legitimate. because the manager has their own rules which he made himself, even without the intervention of the developer.
August 06, 2019, 08:59:01 AM
You are right, not determined by the bounty manager of a bounty success, there are many new bounty managers who handle successful projects. even the famous bounty manager failed a lot like wapinter, amazix. we have to research harder to get a project that will be successful later
August 06, 2019, 05:30:07 AM
Most of them are for the money they get for managing that project little to know it is fraud. The best thing to look is not the bounty manager but the project itself and if the one managing it is a good bounty manager then that's good to follow too.
August 06, 2019, 04:19:58 AM
Nah, rank is not what should be sued as a criteria to know if a campaign is to be trusted or not, what really matters to me is the history of such manager, when I see a project, I first check the history of the manager that promoted it to see if most of the projects he has projected has been successful and has not had much complains from bounty hunters of not being paid, then I can go further to research on the project.
Correct. People can buy old account at high ranks, Hero or Legendary members to run their scam projects and their scam bounties too. It is never good choice to join bounties/ campaigns by unknown managers (with their very first campaigns/ bounties); or managers who have negative trusts or active flags. August 02, 2019, 01:47:00 PM
When selecting a bounty company, I do not pay attention to the rank of manager. This is not an indicator of his honesty and professionalism. A bounty manager with a good reputation, albeit with a small rank, deserves more trust.
Nah, rank is not what should be sued as a criteria to know if a campaign is to be trusted or not, what really matters to me is the history of such manager, when I see a project, I first check the history of the manager that promoted it to see if most of the projects he has projected has been successful and has not had much complains from bounty hunters of not being paid, then I can go further to research on the project. We have some bounty managers that are known for quality, and will never accept to promote any project they are very unsure of or think they will make payment to the hunters. These managers are doing like what Binance is doing before accepting any project to be registered in their IEO platform for people to be a part of the campaign.
August 02, 2019, 12:35:56 AM
That is how it goes with bounties and bounty managers. They come and they go and also with it lots and lots of money from earnings on the bounties. I have experienced so many bounty managers and also have encountered whom I would call constant headaches. They do not listen to your concern or they do not pay you outright. Headache like I said. So now I tend to check the project and the people behind it rather than the bounty organizers.
August 02, 2019, 12:10:21 AM
I have been involved in this forum since 2017 and I only participated in the project when I understood it.
Bonus managers often manage a lot of projects and sometimes they do not know whether the project is good or bad. The important thing for them is that they are paid in USD.
So, wake up, we should have our own analysis.
Bonus managers often manage a lot of projects and sometimes they do not know whether the project is good or bad. The important thing for them is that they are paid in USD.
So, wake up, we should have our own analysis.
Jump to: