Topic: Bounty Managers do not Determine the Legitimacy of a Cryptocurrency Project - page 5. (Read 5359 times)
August 01, 2019, 11:55:17 PM
There are bounty manager that protects his credibility and there are those who keep accepting as many projects as he can without checking if the project is legit or not, bounty managers add credibility to the overall perception of one project, but it's just one fo the criteria, it will still come down on the project.
August 01, 2019, 11:53:04 PM
I think the reputable and trusted bounty managers are conducting their due diligence on the project first before they accept it, however if the project is bound to fail i don't think the bounty managers can do anything about it. If the project cannot even raise their softcap then bounties will not be paid, I'll just put my trust on the bounty managers that i know because the percentage of getting paid is much more compare to unknown.
August 01, 2019, 11:43:12 PM
that's right, the account rankings are no longer important. Our forum is being corrupted by the impostors of the reputation of veteran members.
Now there are quite a lot of scam projects here and so I think we should practice analyzing the projects.
One of those ways is to read the Whitepaper and have an article on how to read whitepaper quickly and effectively.
https://www.hb-wallet.com/post/what-is-whitepaper
Now there are quite a lot of scam projects here and so I think we should practice analyzing the projects.
One of those ways is to read the Whitepaper and have an article on how to read whitepaper quickly and effectively.
https://www.hb-wallet.com/post/what-is-whitepaper
August 01, 2019, 11:11:42 PM
I agree with you... we must research project beside look at the profile of the bounty managers.
Because, sometimes scam project can hire good bounty managers.
Of course Bounty Manager can not be a guideline that the project managed by him it is a good project. Because, sometimes scam project can hire good bounty managers.
But we can find out about the project by looking at the Whitepaper and its roadmap.
August 01, 2019, 09:49:23 PM
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.
Absolutely! If you are joining a campaign that pays in Bitcoin, it does not matter for as long as the payment is escrowed by reputable escrow managers here. But if you are joining a campaign that pays you in altcoins, do not take the manager as the best indicator of legitimacy or success. If I know, many of the managers themselves do not do their share of research before accepting any project. They are contented to get honestly paid regardless of whether the project will be successful or not. A personal research is still the best way to determine whether a project is worth participating or not.
August 01, 2019, 09:40:09 PM
Most bounty managers are interested in getting some satoshi and don't give a damn like exchanges don't care about the type of project that get listed for IEO, as long as they get paid, it's known of their business. This is why I have taken much to trading than bounty hunting.
August 01, 2019, 05:54:19 PM
I do not believe any bounty manager to be the one to determine the legitimacy of a bounty campaign. Determination of a bounty campaign i individualistic and bounty managers do research into bounty projects before posting it to help build their reputation but doing your very own research and drawing conclusion is key in determining the legitimacy of a project and participating.
August 01, 2019, 05:24:49 PM
You are right, all cannot be measured because only the bounty manager because when the coin enters the market all will not be related to the bounty manager but all will see the potential, team performance and products developed
August 01, 2019, 04:53:51 PM
The authenticity of a bounty a cryptocurrency project is and can never be determined by the rank of a bounty manager. Bounty managers do not determine the legitimacy of a project even though posting of legit projects can have an impact on your work as a manager. Determination of the authenticity of a bounty project is determined individually based on your personal research into the project, the advisors and team behind it, the core investor and how the project manages its social media handles.
August 01, 2019, 04:31:32 PM
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.
Are you saying that all the participants of the bounty do not conduct research?Bounty participants have become much smarter and now just to attract them to a bad project is almost impossible.Considering on following bounty managers,this doesnt guarantee anything yet even these manager no matter how good they are on handling people they can point out which one is legitimate.
August 01, 2019, 03:49:23 PM
Bounty manager truly does not determine
But bounty manager do have an effect; nobody joins a bounty manager with failed projects
Which is why g0blin has not gotten any bounty job since the mess of the spotcoin bounty
Be smart and dyor
But bounty manager do have an effect; nobody joins a bounty manager with failed projects
Which is why g0blin has not gotten any bounty job since the mess of the spotcoin bounty
Be smart and dyor
I don't think any of g0blin bounties were successful, his method wasn't even cool. I only did his bounties just incase they turned out good. Look at Bountyplatform, they had a lot of failed projects only 3 out of the lots I did turned out well
August 01, 2019, 03:45:53 PM
Most bounty managers don't even research on projects they take on. Truly many people do bounties because they feel like the bounty managers handling those projects have some kind of divine intervention that the project would be successful but it's all not true.
August 01, 2019, 03:10:09 PM
It will not and cannot be determined but I stay away with bounty managers that have a lot of failed or scam projects attached to its portfolio, it just means he is not doing enough research and cannot fight the rights of bounty managers, so better make a list of bounty managers who always screwed up and stay away from them.
Thats the idea, leave mangers with bad antecedent of scam projects. I dont think silon or yahoo ever had a scam project for bounty because of there due diligence through research before managing. Have seen managers with less than 2 bounties this year because they dont consider some of the project good enough to manage. Bubbalex had a long quarrel with windhan project when they started, interesting the project approached him and he declined, he claimed he wont want to soil his record with project is not confident of. (https://bitcointalksearch.org/topic/m.49956741 ) Tell me why wont I consider him first. August 01, 2019, 01:12:26 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.
August 01, 2019, 11:28:22 AM
Its part of bounty manager's job to make sure that the project he/she is going to manage is not scam project for reputation sake or else bounty hunters will lose trust in the bounty manager but its better for bounty hunters to do their own research as well and not rely on bounty mangers,some bounty managers dont care
August 01, 2019, 11:08:57 AM
Bounty managers are all human, not bots; so they can make mistakes when they investigate and judge on quality of projects they manage or contacted to manage. Generally, good managers will select among projects having contacts with them to ask them for their managements on those projects. They will obviously choose good, potential, and somehow less likely scam to promote. Their judgements might be wrong, but experienced managers will less likely make wrong decisions, and less likely promote scam projects. In a summary, I think bounty managers do have their own impacts on potential success of projects they manage.
August 01, 2019, 10:40:09 AM
The only difference between bounty hunters and bounty managers is their role, the first promotes while the other manages; none of them can determine the authencity of any project. So some saying that bounty managers determines the how legit a project is, is wrong they are only hired to do a job.
August 01, 2019, 10:31:14 AM
bounty managers are also one of the four member with much reputation and experience on managing the spreadsheet and picking the quality for a members to promote the project with their experience and reputation they can choose better project but they are doing it for money so we cannot conclude the legitimacy of the project just because of reputation of the bounty manager.
August 01, 2019, 10:29:13 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.
Most of the managers have their own failure of holding a project but a manager that has have a most number of a successful project will be identified as a good manager because they were also a victim of a such scam in crypto industry .
August 01, 2019, 08:22:37 AM
As much as I agree with you, I still believe there are some bounty managers who still have integrity to guide bounty hunters right on which project to participate in. This however should not stop bounty hunters from doing their own research intensively. There are projects that as bounty hunters if we do our own research very well, it will be difficult to get scammed. It is also very important to take time to know more about the bounty manager that is recommending some projects for us. We must be sure whether such persons have good records of successful projects they have managed before we can trust their recommendation.
Yep, that's it, there are still a handful of managers who really study the project first before accepting it, because we all know that their reputation is on the line. We have seen lots of bounty managers gets red trusted for accepting project that is really scammy. As some point in time, they have the responsibility to bounty hunters and not be scammed by this criminals. DYOR is just one part of the equation.
Jump to: