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Topic: Cryptos scam, unpaid - protection for hunters. - page 2. (Read 458 times)

legendary
Activity: 2758
Merit: 1228
We all know we are in crypto. We join for our own risk. We search and try to find out the best and most potential project promoted by trusted managers. However some project turned into scam and some may not pay the participants due to underestimating the hunters promotion with low traffic.

From the past and recent issues with regards to scam projects and unpaid balance for hunters.

How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?

Yes, it sounds impossible but let us just try to discuss this matter.

Most of the bounties now here in the forum are non-escrows actually, where the risk is too high and the chances of rewards is very minimal.
Only few of them are trusted and this trusted people or BM are surely will send your rewards. Because, if ever the BM is don't have a higher rank here and they managed campaign they will give the rewards but mostly is differ from the allocation during the time when they are starting.

That's why its been encourage to join on reputable campaign managers since mostly they already escrowed the amouny intended for bounty so its gives us little security while doing effort on the camp but don't expect that you be paid on your efforts since sometimes even if the camp pays still there are times that their distributed tokens doesn't get any value. Thats why don't put all your hopes that you will paid but instead treat this as hobby and lucky if will be paid.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
there are severals way bounty hunters get scammed. You can also escrow funds but if you will receive a new token (and not bitcoin/eth or any top crypto ) price could be heavily dumped and you receive a token that worth nothing. Or maybe there is "a value" but it's something listed in a shadow exchange with unclear KYC rules, fake trades etc etc. Just few projects deserve interest, nowadays most of others are just a waste of time
full member
Activity: 791
Merit: 139
Without escrows in every bounty campaign the level of risk for sure is too high, were the chances average of distribution only
20% even the Bounty Manager has a good reputation here in the forum, based on my analysis and observation. I know a lot of the old members
here knows this statement that I am talking about.
full member
Activity: 1204
Merit: 100
Lets accept the reality that this is our fate being a Hunter, What we only need is to at least learn from time to time and not let being a victim forever.

There are some good projects happen in the past and until now there is some but we can count in hand so be careful.
true, we have to learn from our mistakes, to avoid more scams but that won't be enough, even some big projects who had big support from investors didn't pay bounty hunters, so i think not getting paid is something a bounty hunter can't avoid, that's why we see some people joining all twitter campaigns even if they look suspicious, they try everything, which is not a good thing because they're helping them grow and find it really easy to promote their projects here.
legendary
Activity: 2492
Merit: 1215
I agree with the escrow.

Escrow is not the solution.

Recently I was participating in bounty with escrow. The project looked strong and I thought there is going to be no problem with it, specially when it managed by reputed managed and there were escrow. After two weeks issues started to appear. In the end, managed first put this campaign on pause, then decided to end it and distribute rewards. And guess what - he could not do it, because tokens were locked. Escrow did not help at all.
Another example are Bounty Detectives. Often they escrow rewards. But did not distribute them because 1) they havent received funding for transactions 2) the team did not allow them to start distribution. Escrow did not help here either.
sr. member
Activity: 1876
Merit: 259
1. Escrow the bounty funds and make sure it's managed by trusted managers.
2. Never join any non-escrowed bounties if you fear the bounty won't paid you in the future.

Those 2 suggestions I provide above 100% will prevent from bounty scam and make bounty scam will go away since no one is interested.

If from the start the project really wanted to scam, the escrow entrusted to the bounty manager does not really guarantee that the token will be used for the project they are running, for example they provide a token that is different from the smart contract of the project they are running.
the point is we have to really pay attention to the bounties we are working on if something looks weird ask the team, if they don't satisfy you, leave immediately before the work feels useless.
legendary
Activity: 1512
Merit: 1005
We all know we are in crypto. We join for our own risk. We search and try to find out the best and most potential project promoted by trusted managers. However some project turned into scam and some may not pay the participants due to underestimating the hunters promotion with low traffic.

From the past and recent issues with regards to scam projects and unpaid balance for hunters.

How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?

Yes, it sounds impossible but let us just try to discuss this matter.

Managers can do nothing. If the project turns out to be a scam or fails, it is simply the risk that comes with bounty campaigns. The only thing that can reduce the risk is the manager's experience and his project research skills. If he can check the project and say that it credible, that's quite a lot. However, it's always best to research the project yourself.
sr. member
Activity: 1218
Merit: 279
The purpose of every bounty promotion is payment for a certain tasks been done after a certain period of time, the only way to stay out of this anxiety is participating in bounty manged by highly reputable managers on the forum, if the campaign is not run by renounced managers, ask the team for an escrow and be sure you will be paid after the campaign come to an end.
If at all the project turns out to be scam and not listed on any exchange and the bounty reward was distributed to your wallet, you have no one to blamed not even the manager but yourself that failed to do a research about the project you were promoting, have this in mind, participating in few bounties out of hundreds is the best thing to do as a bounty hunter.

sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino


How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?

Yes, it sounds impossible but let us just try to discuss this matter.
How can you anticipate that matter? then don'tJoin Bounty at all for sure you will never experience such cases.

because the more you participate is the more you giving consent those scammers to victimized you.
Bounty campaign would continue to exist because ICO projects are still continuing to exist which means marketing would be next in line.

Scam bounties and managers cant really be known because usually these shits would be looking legit and active while the project is on accumulation or fund raise but when everything is over then this is where true color pops out.

If hunters do continue to advertise these scams then it would continue to exist and this is why we should be careful on dealing on things.                                                                                                             =
hero member
Activity: 1316
Merit: 514
We all know we are in crypto. We join for our own risk. We search and try to find out the best and most potential project promoted by trusted managers. However some project turned into scam and some may not pay the participants due to underestimating the hunters promotion with low traffic.

From the past and recent issues with regards to scam projects and unpaid balance for hunters.

How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?

Yes, it sounds impossible but let us just try to discuss this matter.

Join a campaign that paid with tradable token, That is the only way to avoid getting scam with fake bounty offers. With increasing fee in ETH sending bounty rewards to bounty hunters is not cheap, so most of the time bounty hunters are left without getting paid. Even with BSC, sending token to thousands of participants will cost alot, specially if the project failed to raised money from their fund raising.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”


How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?

Yes, it sounds impossible but let us just try to discuss this matter.
How can you anticipate that matter? then don'tJoin Bounty at all for sure you will never experience such cases.

because the more you participate is the more you giving consent those scammers to victimized you.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
Almost all people have same answer, about not get paid or paid less than what is promised, escrow is the key. About bounty managers, we know they wouldn't give their reputation on risk only for picking any project without filtering it. I think bounty managers already did their best too but sometimes it developer's team who really change what already they said in bounty thread.
looks like bounty hunter still didnt care about escrow, they prefer working and speculate about payment if campaign finished. obligation of using escrow still debateable now and developers team still careless about their reputation , meanwhile bounty manager that will be the one who blammed by many people.
Honestly, me is one of it. I usually joined bounty campaign depends on bounty managers and total amount of rewards of the bounty itself. But see a project which suddenly change their reward pool without any announcement, i will think about project with escrow. But maybe bounty manager who get that bad experience will be more strict to pick bounty project that he will handle.
legendary
Activity: 2478
Merit: 1492
That is why people who participate in bounties are bounty hunters. Not always a hunters returns with a prey. If someone ever been hunting, he knows that in most cases you did not get anything and return home with empty hands. Or you go with a team of hunters and shot something, but only one returns home with prey. Fishing - same situation. You can spend hours fishing and catch nothing. Silent hunting (mushroom, berry gathering) - you might get just a little reward. Nothing can protect hunters from being scammed. Escrow wont help either. What is the point of a 100% chance of receiving tokens or coins, that cost 0?
member
Activity: 1162
Merit: 58
Lets accept the reality that this is our fate being a Hunter, What we only need is to at least learn from time to time and not let being a victim forever.

There are some good projects happen in the past and until now there is some but we can count in hand so be careful.
full member
Activity: 2520
Merit: 204
We all know we are in crypto. We join for our own risk. We search and try to find out the best and most potential project promoted by trusted managers. However some project turned into scam and some may not pay the participants due to underestimating the hunters promotion with low traffic.

From the past and recent issues with regards to scam projects and unpaid balance for hunters.

How we can anticipate this matter? How the hunters be protected by the managers or they are just a toy to promote the project and yet the team doesn't want to pay as they are already in success?

Yes, it sounds impossible but let us just try to discuss this matter.
One question , Why not post on your main account? the way you make this post it is an obvious that you are an alt account and afraid of being attacked or punished by the managers who did not pay you?

sorry for this but that's the way i see things here.




you clearly said that joining Bounty in crypto means risking your own so that only means one thing also , that what your sentiment here does not reflect the reality because it is obvious that you don't know what you are saying.
full member
Activity: 1130
Merit: 133
Almost all people have same answer, about not get paid or paid less than what is promised, escrow is the key. About bounty managers, we know they wouldn't give their reputation on risk only for picking any project without filtering it. I think bounty managers already did their best too but sometimes it developer's team who really change what already they said in bounty thread.
looks like bounty hunter still didnt care about escrow, they prefer working and speculate about payment if campaign finished. obligation of using escrow still debateable now and developers team still careless about their reputation , meanwhile bounty manager that will be the one who blammed by many people.
sr. member
Activity: 1022
Merit: 252
We have to make sure we already know the project that we want to join as a bounty participant, moreover for signature bounty because we only have 1 space for our account. Joined their community chat such as telegram, ask everything that would like to know and explore their teams, if we already sure about the project, then we join the bounty
sr. member
Activity: 2338
Merit: 273
DGbet.fun - Crypto Sportsbook
I think there should be cooperation between managers and the community to get the best decision of the scam project to hunter, lately crowded with Studentcoin who do not want to pay hunter fully, and try to pay the manager through the back, but the manager is more concerned with the community, they prefer to attack the studentcoin project. Until now they've been trying to destroy it.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
The manager's job is to manage the bounty and organize the bounty. It is not their fault if the project decides to scam its participants - in which case the bounty manager also gets scammed by the same owners. Most hunters here dont realize that the manager is one of the participants helping in promoting the project as well. They are also at the mercy of the owners.

In clear words, there is no protection for the hunters. The manager may choose to use an escrow to keep the payment secured. But that does not negate the fact that the owners can declare those coins as zero value in future or never get listed on an exchange - either of which the tokens even if escrowed are useless to the hunters to get any sort of payment. I am sure no grocery store in your city accepts some shitcoin, but they "might" accept bitcoin or ethereum.

Hence I suggest people to go for signature campaigns that get run by reputed managers and forget the dream of collecting some shitcoin that will remain shit throughout its life.

Shit does not turn into gold. Period.
hero member
Activity: 2184
Merit: 513
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Or join a bounty or project in which the token is already listed on an exchange.
This doesn't guarantee the bounty hunters will be getting paid. There are some projects that already listed on exchange site like STC and AME. both were also abandoning to pay the rest of rewards to the hunters.
These projects are also manipulating the result because they were so greedy after reached the hardcap.
The escrow is the only best solution for the hunters right now. i don't see any other solution other than escrow.
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