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Topic: Can we stop promoting scam project? - page 29. (Read 26963 times)

jr. member
Activity: 370
Merit: 1
January 31, 2019, 01:58:40 AM
This would be great but projects won't agree to it and some bounty hunters will always go all out to promote anything they see because everyone is tryna make some cool cryptocurrency money.
hero member
Activity: 1190
Merit: 504
January 31, 2019, 01:46:57 AM
Supporting the idea.

Too much toxic to the bounty side as of these days. We'll never see those legit projects unlike before but that's it. There's risk in joining now, I rarely see those projects that has real fund on their pockets.
copper member
Activity: 196
Merit: 0
January 31, 2019, 01:45:23 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?

Yes, we can stop promoting scam project if they stop advertising themselves to us like a real project, well, basically if we can figure out they are scam, we can stop at the first place.
sr. member
Activity: 1372
Merit: 322
January 31, 2019, 12:48:50 AM
I think that is very difficult because everyone will not know that the project is good or the fraud before that happened. this problem has occurred from the start ico exists, and there is no way to resolve it.
A little research will help you to find out the legitimate project. It is easy to find out. But we do not try it in fact. When we will be together, we will be able to discuss about various bounty and find out the best by researching. But it seems we need a forum first. It will help us to discuss about various bounty.
member
Activity: 311
Merit: 10
January 30, 2019, 09:02:18 AM
Yes we can, but unfortunately community members are too lazy to check the projects before taking part in them. Hunters are only looking at the bounty pool and if it is good enough, they are blindly promoting it.
copper member
Activity: 168
Merit: 0
January 30, 2019, 08:33:34 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?

I think ICO's need to think more clever on bounty payment. I really like bountys who pay in ETH or other liquid coins which prevents rapid dumping on project own coins.You are right that any of the project needs to own its own money for promoting before they start their project. As I see bounty hunting as a part time job, I try to do not advertise any project which i do not believe in. I never want to promote any project which can kill investors money. Any bounty hunter has same responsibilities too. Scam projects are not only do not pat the hunters but in reality they kill trust on crypto.

member
Activity: 658
Merit: 13
January 30, 2019, 08:11:15 AM
I think that is very difficult because everyone will not know that the project is good or the fraud before that happened. this problem has occurred from the start ico exists, and there is no way to resolve it.
full member
Activity: 602
Merit: 100
January 30, 2019, 08:00:36 AM
We can do it. But there are a very large number of dependencies that people have today in the toolbox. In any case, today there are people who are already helping others with this.
copper member
Activity: 280
Merit: 0
January 30, 2019, 07:56:17 AM
Wow. That is a very good idea. This idea will help to limit scam projects. We should only promote real projects
member
Activity: 588
Merit: 10
January 30, 2019, 04:02:11 AM
Stop not promoting fraud projects, I think that is very possible. Today's fraud projects have happened a lot and this makes us all very scared. Before deciding to take part in an ICO project, you must take the time to check. And this is important to do and you can start by checking websites, teams, and developers.
member
Activity: 368
Merit: 25
The Standard Protocol - Solving Inflation
January 30, 2019, 03:52:45 AM
This is the great idea, projects should give rewards in BTC for hunters so that hunters will get their rewards at the end of the campaign. Due to rise in scam a lot projects are turning out to be scam or some projects are becoming dead before listing on the exchange or even when they launch on the exchange they lock hunters tokens for several months or give excuses to delay payment of hunters to get read of fear i.e dumping of token on exchange which really hurts hunters efforts as when they get rewards the price of the token reduce in value drastically.
jr. member
Activity: 350
Merit: 1
January 30, 2019, 03:39:21 AM
This is a good idea, but you can hardly find a sufficient number of people who openly support this idea!
member
Activity: 462
Merit: 13
January 30, 2019, 03:37:42 AM
Sincerely, if bounty hunters can come together to agree on that, to approach to forum Admins for a rule like that to be established, it will go a long way to help everyone and it will prevent a lot of scam projects from operating. In a case like that, projects like ETCV would not have attempted what they did.
full member
Activity: 476
Merit: 102
January 30, 2019, 03:26:46 AM
Indeed many are still on the way of cheating people by creating a scam project and posting it on forums so people will be deceived and promote a scam project without knowing that it is a scam. Anyway we should always be in our own diligence to know what to promote in forums and on social medias especially cryptocurrency ico and bounties.  
member
Activity: 375
Merit: 18
send & receive money instantly,w/out hidden costs
January 30, 2019, 03:24:09 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?
If this can be implemented here in this forum, this will be big. But I doubt that the bounty managers will comply in this rule, as they will get very fewer bounty campaigns. But if the moderators of this forum agreed to this rule then implemented it, bounty managers will be forced to do so.
sr. member
Activity: 826
Merit: 250
January 30, 2019, 12:17:26 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?
It is a very nice idea, but I don't know how to change the rules. Maybe we need some kind of trust bounty platform with strict rules and escrow to protect against the scams projects.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
January 29, 2019, 10:38:17 PM
It is possible to avoid scam ICO if everyone is concerned. We should work together to save people and save us. Scam ico are easily detectable if people do little research. We should join only legit bounty.
hero member
Activity: 784
Merit: 500
January 29, 2019, 10:29:28 PM
it is very difficult to be able to see a project that is offered a scam or not, but usually there will be an investigation in this forum so that you will know the ICO is scam or not, as happened recently about ETCV, they look convincing and a few days before ico finished an investigation which said that ico is a scam and there is no fork that will give ETCV, so it is better that you have to be careful and often look at Reputation forums or Accusations Scam that will help you to get more information.
sr. member
Activity: 658
Merit: 250
January 29, 2019, 09:30:35 PM
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?
Your idea is really good, it can be used as some kind of guaranty for any of the bounty participant that their work will be valued.
But other that that, there should also a guaranty that need to be provided for the investors, since they are one of many reason for a project to be working.
member
Activity: 378
Merit: 10
January 29, 2019, 09:09:16 PM
Yes, we can stop promoting projects that are scam because it is not useful if we promote it, but does the regulation to stop promoting scam projects already exist? Because the rule is certainly very needed so we do not misstep
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