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Topic: Deceiving Rate of Bounty Campaign, New Form of Scam? (Read 863 times)

member
Activity: 378
Merit: 10
This is really a bad habit if its from the bounty manager or the project manger, why deceive bounty participants with such allocations. sometimes issues like this makes me regret joining some bounty campaigns because at the long round, only the bounty manager prospers from the hard work of bounty hunters. I called this day light cheating and its nothing good to write about.
legendary
Activity: 1512
Merit: 1124
Invest in your knowledge
This is really a misleading and misinformation by the bounry manager. Since IEO price is $0.03, why the hell he si referring it as $3? Makes zero sense. I would advise you to create a scam accusation or a thread in reputation.

Things like this occur all the time. People are drawn to bounties based on predatory tactics and often are captured by multiple-fake accounts propping up such a bounty.

In the end, understanding the premise of bounties, the legitimacy of the team/project and being realistic in terms of how much the payouts are going to be; is going to lead hunters much better off, while investing much less time interacting with numerous of useless campaigns.
full member
Activity: 294
Merit: 100
This is nothing other than a simple mistake. Communicate this with bounty manager and maybe you will get a bonus token for yourself. Just cannot understand why you are posting this before clearing everything with bounty manager and team members.
full member
Activity: 1498
Merit: 129
I recently noticed the same thing about a particular project here on bitcointalk. When I checked the original price on IEO, I made comment about the actual amount of the token allocated for the project on the bounty page on telegram, but immediately the bounty manager sited this, He quickly deleted this. Most hunters that usually fall for this strategy used by some bounty managers are the Jr Member and Member rank. However, I believe some bounty manager that does this will definitely not go far. I have seen many of them and some of them are technically defeated. if token allocated for a campaign is $2k, I do not see anything bad for the bounty manager to tell the hunters. It is an individual decision to join or leave for another campaign.
legendary
Activity: 1568
Merit: 1002
actually this is nothing new and many fraudulent bounty campaigns have happened in the past with many modes they use, but as the industry develops, i'm sure that in the future there will be no more scam projects that will only harm many bounty participants and investors
member
Activity: 1078
Merit: 10
I think it is a fault of the Bounty Manager, in this case I would ask about the actual token price in the official Telegram group of the project and make a decision whether to participate in this Bounty or not.
legendary
Activity: 2044
Merit: 1981
Marketing Campaign Manager |Telegram ID- @LT_Mouse
This is really a misleading and misinformation by the bounry manager. Since IEO price is $0.03, why the hell he si referring it as $3? Makes zero sense. I would advise you to create a scam accusation or a thread in reputation.
hero member
Activity: 2898
Merit: 567
Yes. That is deceiving. The figures are all completely wrong. They try to give away less then they suppose to.

I wonder if bounty hunters know this huge discrepancy, there a lot of people participating and they will be surprised when they receive their rewards, that's a good observation, maybe they did not look at the price and just go for a good project that they know they will get a reward and had potential in the market.
jr. member
Activity: 1806
Merit: 2
I was checked this bounty before 2 weeks ago and wants to join but when i checked the price of ICO than i was not join due to bounty and ICO price different,all kind of bounty should be check before joining . 
member
Activity: 308
Merit: 10
Bitcoin is the future
This is an absolute deception, why lure people in with juicy offers. This is why people should do their own research before embarking on these bounty campaigns. There are many scams around and expect more in this bull season.
full member
Activity: 514
Merit: 100
Therefore, before participating in the project, we must look carefully for not participating in such a project. Don't think about large allocations, what you have to think about is that the project is true or not. At present there are very many projects that provide large allocations but the project turned out to be a scam.
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
Thats definitely a red flag for me. I didn’t and won’t join campaigns like this, if there are some irregularities between project website and bounty manager threads.
hero member
Activity: 1092
Merit: 500
What the good things about you as a bounty hunter dude is your really taking action carefully before partaking in the project campaign.
Now about the bounty campaign you posted here, in my point of view I suggest that never join in a campaign with that kind of system it is too risky actually, especially if the end of bounty is until hardcap reach, it is good to be true..
sr. member
Activity: 742
Merit: 250
The webdesign shows the quality of the whole project. And another exchange? Why the h*ll we need more exchanges? Do you think that the problem of low liquidity is in exchanges?  Grin

A project with available wordpress designs I will not participate, because the project team did not focus on the formality. What their idea is will not succeed, because they are not really enthusiastic about the project.
member
Activity: 560
Merit: 10
I am still unaware of such fact that projects will not distribute the exact tokens allocated beforehand. In fact, I have been given a small amount of tokens than promised beforehand. I have seen many projects offering a large amount of tokens to be distributed to bounty hunters. Seeing this, I wonder how could they distribute such a large amount of tokens.
jr. member
Activity: 308
Merit: 1
Update:

I wanted to know your opinion regarding this matter, I am browsing bounty campaigns to kill time and possible project to invest in since I need to know the allocation of Bounty token since often times this influx of token saturate the market and caused the price to go down when I stumble on this bounty thread titled: (BOUNTY) 💰💰🔥 P2PS Bounty Campaign $450k Worth Of Token For Hunter 💰💰🔥  I noticed this thing..

The bounty,/ bounty manager priced the initial token price as $3  


Token Pool: 150K tokens (equivalent to $450K USD if computed with the base token price of $3 each).

150K tokens will be distributed to successful applicants of the Signature,  Facebook, Twitter, LinkedIn, Content Creation and Telegram.

This bounty starts on April 27, 2019, and ends when reach hunter $450k.


While the IEO price is $0.03





I would not mind if it is in stake distribution but the token reward is fixed.  I feel sorry for the bounty participant being deceived by this rate.  I have nothing against the bounty manager but I just feel that there is something wrong.  How can you clasified this kind of action?  I'm kinda confused because I believe, with deception hunters will end up nothing.  What can you say about this?  I need your input since I am confused.  Is this kind of deception allowed in the bounty campaigns?  Are bounty managers allowed to intentionally increase the price of token to attract more participants?  I think this is deception and should not be tolerated.
although your analysis is true about the deceits in most of the bounties but I might not be too quick to judge the bounty managers.  It might be an error or some kind of mistakes.  Either way,  there must be something wrong somewhere
legendary
Activity: 2114
Merit: 1147
https://bitcoincleanup.com/

The bounty,/ bounty manager priced the initial token price as $3  


Token Pool: 150K tokens (equivalent to $450K USD if computed with the base token price of $3 each).

150K tokens will be distributed to successful applicants of the Signature,  Facebook, Twitter, LinkedIn, Content Creation and Telegram.

This bounty starts on April 27, 2019, and ends when reach hunter $450k.


While the IEO price is $0.03

From $450,000 to $4,500 real quick  Cheesy
Has the bounty rewards already distributed? If it's not yet given, maybe the ICO team plans to distribute it once the token price reaches $3. I wonder when will that be  Huh
copper member
Activity: 995
Merit: 1
Each has its own business in its own way. Yes, cheating. Well, there is a lot of deception. And do not believe that the project will achieve great success. Take it easy. I probably already went through more than 100 scam projects. And it does not surprise me.
legendary
Activity: 1904
Merit: 1277
This is why it always always pays to research any new project as thoroughly as you can. Sometimes bounties can be misleading, whether this is the fault of the bounty manager or rather a miscommunication between the manager and the project team can be difficult to determine.

One common issue I've noticed is that listed total bounty payouts are often based on the project achieving hardcap. These days it is not that common for something to hit hardcap, so it is a good idea to a) check what the hardcap is and b) decide for yourself how achievable you think it is. It is worth checking the softcap as well, because obviously if the ICO doesn't hit softcap then the payout is $0.

Don't just go for the projects that say they are offering the most, choose instead those that you've researched and that look like good long-term bets.

Short-term is a different matter entirely, if that's what you want then the answer is go for whatever is the next IEO on Binance.
newbie
Activity: 29
Merit: 0
Concerning my experience, I am found out bounty from Lukki exchange. Check it out https://bitcointalk.org/index.php?topic=5156538.new#new
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