Can we stop promoting scam project? - page 17.

mirakal

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Leading Crypto Sports Betting & Casino Platform

Quote from: pungopete468 on March 09, 2019, 11:57:24 PM

do not want any one person to do a promotion but it happened from the team itself who committed fraud and the bounty hunter came to feel the loss. and also investors get more losses due to this

Everyone would love to promote a legit ICO, but it's true there are scammers that we can't detect from the very beginning.
They should face the consequences to avoid scams, and without a proper ICO regulation, we cannot minimize the risk in the ICO market.

TomArayaSlaya

member

Activity: 812

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https://hovr.site/

I would say that incase of scam project the forum is actually working hard to prevent all that but the issue is some bounty hunter even after scam announcement they still continue to work I think closing or deleting a thread after its declared scam is the best thing to actually do

pungopete468

hero member

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do not want any one person to do a promotion but it happened from the team itself who committed fraud and the bounty hunter came to feel the loss. and also investors get more losses due to this

ultrloa

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Activity: 2758

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Quote from: torrantz on March 09, 2019, 07:05:20 PM

Quote from: Ranly123 on March 09, 2019, 06:52:50 PM

Quote from: Pffrt on January 27, 2019, 12:35:42 AM

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?

Stop promoting scam ICO is a good idea, but the real problem is how to determine those scams. We should solve the problem that lives within the creation of scam ICO. It's hard to determine those scams because of their sweet and promising words to lure investors to invest in their projects.

You can do that if you don't become a lazy person but most of these hunters are the lazy person that doesn't wanna do a lot of research and they are only blatantly promoting scam project without doing any research about that.

Scammers became more creative right now by posting some appealing ads, good promotional offers and active presence of the dev and this can make people look or define them as legit. And for us to became more aware we should put out more efforts to do research on how good they are and how things would go on them when they run business.

emilanea56

newbie

Activity: 48

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Quote from: Pffrt on January 27, 2019, 12:35:42 AM

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?

agree with you, I did a lot of bounties but after that Im wasting my time. nothing come to me. So important thing is that people must improve their knowledge to distinguish potential and scam projects.

torrantz

sr. member

Activity: 1063

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Quote from: Ranly123 on March 09, 2019, 06:52:50 PM

Quote from: Pffrt on January 27, 2019, 12:35:42 AM

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?

Stop promoting scam ICO is a good idea, but the real problem is how to determine those scams. We should solve the problem that lives within the creation of scam ICO. It's hard to determine those scams because of their sweet and promising words to lure investors to invest in their projects.

You can do that if you don't become a lazy person but most of these hunters are the lazy person that doesn't wanna do a lot of research and they are only blatantly promoting scam project without doing any research about that.

bangjoe

hero member

Activity: 1400

Merit: 674

I really wanted to avoid scam projects, so I decided to join the POPULOUS project because they had succeeded in selling and making their coin prices well above ICO prices and because they had proven successful and made investors and bounty hunters make a profit then I strongly believed that they won't scam, even though the coins they sell are different, but I'm sure that will also be a success

Ranly123

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Activity: 952

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Quote from: Pffrt on January 27, 2019, 12:35:42 AM

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?

Stop promoting scam ICO is a good idea, but the real problem is how to determine those scams. We should solve the problem that lives within the creation of scam ICO. It's hard to determine those scams because of their sweet and promising words to lure investors to invest in their projects.

mrdeposit

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Activity: 1358

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Quote from: cherryganda on March 09, 2019, 11:28:09 AM

Anyone in this community even the campaign managers will never want to promote a scam project ICO.
Though it is hard to know what is right and what is not. time will be spend to know it.
ICO should be regulated for the sake of the people and investors, to eliminate scams.

Of course, who wants to promote scam project? already this results with negative trust. There should be regulations on this, but what the benefit will be if it includes personal information like STO? A better solution should be found for this.

Gaggy185

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Quote from: Nanagyasi on March 09, 2019, 12:48:11 PM

This is an amazing idea and may be the only way to stop scammers. But how can this be implemented???
Maybe we need to think about its implementation as well and then as much as possible push for it.

I think in all the ICO project in the market now, agree that there are a lot of ICO scam projects but I think OATH is not the scam project. I researched carefully about this project and decided to join the bounty campaign to promote this ICO because I think that this project will grow up in the future and the price will go to the moon.

SportsbookBettor

sr. member

Activity: 315

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I think we will have a hard time knowing if the project is scam or not given the fact that almost the ico now is having a good detailed about their company but if someone investigate and expose some icos then if happens that i join in that canpaign. I will leave immidiately or i won't a campaign like that.

samcrypto

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Activity: 2044

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Quote from: cherryganda on March 09, 2019, 11:28:09 AM

Anyone in this community even the campaign managers will never want to promote a scam project ICO.
Though it is hard to know what is right and what is not. time will be spend to know it.
ICO should be regulated for the sake of the people and investors, to eliminate scams.

Regulations will bring back the glory to ICO, and for sure investors will gain the trust again if there is no more scam. We can report any suspicious project, raise a topic on that and let the community make their own analysis about it so let’s continue to help each other and we will all be more successful.

powerman24

member

Activity: 448

Merit: 12

Majority of the projects pays in tokens as they can do whatever they want. Some of them even change the bounty payment amount after the bounty has finished. They refer to, that they can change the rules at any time. So, we cannot do much about it, just being careful when selecting the bounties, but there is no such as 100% protection in crypto.

ringgo96

sr. member

Activity: 1582

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Of course we all don't want to promote fraudulent projects. because it is very detrimental to us and also we will not get payment, but the reality is that there are many project managers who have deliberately committed fraud on participants and investors

dawai asmara

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Activity: 686

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Quote from: semobo on March 09, 2019, 02:59:35 PM

Quote from: rafi035 on March 09, 2019, 01:36:59 PM

Quote from: semobo on March 09, 2019, 01:34:44 PM

I am not going to promote a scam project even if they are paying good rewards.
We are responsible for our action so before joing check how much the project was legit and the start promoting it, if you do this means you will get worth tokens.

The problem is that at this time there are many scams that exist and also we as participants rarely know whether the projeck is a fraud proof program or not. this is actually rather difficult to distinguish. sometimes what we think scam is actually successful and vice versa

So how we choose to promote something when we actually don't know what is it,which is not the right think which is the thing steal money from investors so we also a part of that scam.

maybe the thing that must be changed is the system is more tightened, so that fraudsters cannot make ICO because we as bounty hunters can only choose but our results do not know.
we just keep trying so don't blame us because we've tried to choose the best because we also don't want to be fooled.

semobo

full member

Activity: 1498

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Quote from: rafi035 on March 09, 2019, 01:36:59 PM

Quote from: semobo on March 09, 2019, 01:34:44 PM

I am not going to promote a scam project even if they are paying good rewards.
We are responsible for our action so before joing check how much the project was legit and the start promoting it, if you do this means you will get worth tokens.

The problem is that at this time there are many scams that exist and also we as participants rarely know whether the projeck is a fraud proof program or not. this is actually rather difficult to distinguish. sometimes what we think scam is actually successful and vice versa

So how we choose to promote something when we actually don't know what is it,which is not the right think which is the thing steal money from investors so we also a part of that scam.

JuanPaulo

member

Activity: 336

Merit: 10

Quote from: Pffrt on January 27, 2019, 12:35:42 AM

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?

We all need to stop promoting projects where payment is made in the tokens of this project.
Developers get investments in Bitcoins and Ethereum, and they can give a part of the bounty hunters' investments for the good promotion of their projects.

Kwame Genius

jr. member

Activity: 260

Merit: 1

Quote from: Pffrt on January 27, 2019, 12:35:42 AM

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 are on point concerning this ICOs fraud issue everyone is loosing trust in bounty project base on the fact that hunters work hard and end nothing. To root out this problem in crypto there should a platform to create constitution that will governing ICOs. And I suggest that This platform will see to it that every ICOs project should pass through this platform and they will make under research to see there is not scam before the project is lunch and people will promote. After the project period ends any ico who refused to pay his promoters should be hold responsible either by finding or all project team is jail.

rafi035

sr. member

Activity: 854

Merit: 250

Quote from: semobo on March 09, 2019, 01:34:44 PM

I am not going to promote a scam project even if they are paying good rewards.
We are responsible for our action so before joing check how much the project was legit and the start promoting it, if you do this means you will get worth tokens.

The problem is that at this time there are many scams that exist and also we as participants rarely know whether the projeck is a fraud proof program or not. this is actually rather difficult to distinguish. sometimes what we think scam is actually successful and vice versa

semobo

full member

Activity: 1498

Merit: 146

I am not going to promote a scam project even if they are paying good rewards.
We are responsible for our action so before joing check how much the project was legit and the start promoting it, if you do this means you will get worth tokens.

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