Topic: Can we stop promoting scam project? - page 12. (Read 26960 times)
It has become too difficult to identify scammers, because when I read this forum, every day there is a new post that claims that another project that worked for several years is a scam. But if even such strong projects are turning to be scam within time, what is the point of doing bounties at all?
Well, I really don't think anyone will purposely support scam project there by wasting his or her time, but I think hunters should take time to do some more research before venturing into any project, than just promoting scam projects.
stopping the promotion of scam projects, that's possible, but that's the hard way. because they have many ways to lure us prize hunters, promote their projects. and in my opinion the solution is that the administration forum must have many tools to prevent the emergence and spread of fraudulent projects.
we should be more carteful .lots of project making exit scam .i think we should research the project and veriy the team carefully .in this way we can prptect promoting scammer.
While this sounds very nice on paper, you have to bear in mind that most of these projects organise bounty campaigns when their tokens have no value in the market yet, this means that they are probably organising it without any cost to them, if they had such funds, most of them would have found other alternatives to promote their project, bounty hunters are not the only one affected, the people worse hit by scam projects are it's investors and they have no such assurance.
Most of the bounty hunters do not get payment despite their hard working and some gets a little with shit token. Can we prevent it? Just an idea.
What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?
What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?
I have always thought of this exact idea and how it can't be implemented and have come to a conclusion that we can't really have a usd or btc paid bounties accross cryptocurrency because of the fact that there is now bounty unions to enforce it. But there could be a way, which could be through Bitcointalk. Since over 90 percent of bounties are hosted on this community, a law to have only stable coin or btc bounties can be enacted. I am sure the community will support it irrespective of the short term consequences
If in my opinion it is a very good idea, because we have found so many fraudulent projects that do not pay us even though we have been promoting the project for so long, our time has been in vain and this is a problem for us bounty hunters.
I don't think it needs a separate question to get feeling from others for the scam projects. Its absolute no. But how can we find it in first instance when the project it scam.
This is absolutely necessary. Otherwise most other people will get scammed. I normally stop with any promotions if I even get sense of scam from the project team members.
of course we can stop promoting scam projects because this is very detrimental to us. time must be wasted without the results we can get. therefore if we really want to promote the project make sure that the project is not a project that is indicated to be deceptive
Without any doubt we can, but the problem is that it is getting harder and harder to identify scam projects, because when even trusted once are shutting down after several years of great work, it is just unpredictable.
I think that we should be more attended when choosing project to advertise. I think that Managers with negative trust often promoted scam projects. Also is good way to discover how long project exist and does it have already passed sale steps.
Most of the bounty hunters do not get payment despite their hard working and some gets a little with shit token. Can we prevent it? Just an idea.
What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?
You have a good idea man and i really appreciate this. But i think to run this idea will be difficult because this must be agreed by the bounty hunter, bounty manager and the owner of the project itself. so i think is hard to run this idea but totally im agree with this idea What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?
It’s not a secret that for many hunters participation in bounty campaigns is a earning. Therefore, it’s difficult to appeal to their mind to stop participating in the scam's projects. It is excellent that there are concerned users on BTT who warn about such projects and teams.
Many of those participants are all aiming to catch some good projects to earned decent profits but the outcome is not what they've expected to happen, it's not easy to ask bounty Hunters to stop promoting as they're thinking that the chance is always there for them and they don't want to waste their time, it's really a risk investing their time.
It’s not a secret that for many hunters participation in bounty campaigns is a earning. Therefore, it’s difficult to appeal to their mind to stop participating in the scam's projects. It is excellent that there are concerned users on Bitcointalk who warn about such projects and teams.
yes we can. we need to be aware.
With the advent of a special regulatory body, fraudulent ICOs can really disappear. But this will not solve the problem completely, since any project has many obstacles to success. And what difficulties can an ICO have in the regulatory process?
if we were heard and given coins to a third party who would distribute them after ico ended .. but no, and I think that this will never happen (now most bounty go with such rules to deceive the bounty hunter knowingly and we are unlikely to achieve justice (unfortunately this is the reality (
Exactly, We can't really blame some people if some of the projects that they are promoting will going to be scammed. Most of the time people are really don't have a choice on promoting them specially if we will see some good things from them at the start. I guess the best way is once we knew that the project that we are promoting is scammed let's just report it to closed it immediately.
Yes, if we discuss more specific ICO fraudulent projects on this forum, this will be a good basis for such projects not to succeed. An example of this is a project to popularize the alleged fork of the ETCV, which, according to the fraudsters, was to be separated from ethereum in January of this year. When a wave of exposing this fraudulent ICO project came up on this forum, it quickly disappeared after that, causing minimal damage. Now someone has again launched the second phase of this ICO, but after a while I went to the table of the subscription campaign, there were only newcomers and everyone was without a signature of this fraudulent ICO. Not a single member of this forum advertised it. 
The idea of blocking a fraudulent project is good, but difficult to implement. Since we learn about the fraud is not immediately. Therefore, very carefully choose the project to promote. Although such cases are not always paid promised.
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