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Topic: Deceiving Rate of Bounty Campaign, New Form of Scam? - page 2. (Read 893 times)

full member
Activity: 980
Merit: 109
Of course, it should be regarded as a hoax. And bounty managers who do this should be indicated by name in a special topic on the forum.
member
Activity: 689
Merit: 14
World's First Crowd Owned Cryptocurrency Exchange
I, too, have fallen for such a deception. Now I don't trust such bounty. Unfortunately, it will be really difficult for a beginner to understand this that the project is deceiving them. It is necessary to explain to them that you can not be very trusting.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
This project bounty manager manages some projects lately, mostly with one of the highest reward in the bounty section. I never noticed this manager until recently and cant tell how successful he is with bounties. I wont be surprised if all the bounties he manages fails. There are lot of scam in this space at different levels but wont to talk of the bounty managers.
full member
Activity: 1022
Merit: 106
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
If there is a demand then there is a proposal. Another exchange is not so bad, the competition in this market will must to make the project more qualitative.
What can I say at theme?I think this is a manager's fraud. And I try to bypass such projects where the attractive price for token is written in large font
hero member
Activity: 924
Merit: 520
I hope this will serve as a reminder for all bounty campaign participants to always be vigilant and watch out for this signs be it intentional or not since this will raise an alarm and get the attention of concerned individuals and act on it accordingly.
hero member
Activity: 1360
Merit: 506
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
copper member
Activity: 448
Merit: 3
I don't have an smerit, I should have gifted you 1. This is what I call a hyip, and usually they fail. I don't join bounty that promises an ROI or times 5 or even times 100, they are not the one to determine the market volatility except the token is created like a Ponzi system like we saw in bitconnnect and other infamous lending coins that ended up digging investors grave. No good project gives a certainty word of assurance of quick price growth, except they plan to manipulate the price. 
full member
Activity: 966
Merit: 111
This is really good topic here.
ICO price is 3$ ang IEO just 0.03$, this is so waerd.
This project gone wrong, he said if you will get a huge price but just a cheap rewards.
This is unfair for bounty hunter like us.
If it is seen, of course it is very implausible and the ratio is very far between ICO and IEO prices. For everyone, when you want to participate in bounty, you must see more details like this. Maybe many people don't know this kind of fraud.
full member
Activity: 336
Merit: 100
As I suppose, the bounty manager most likely made a mistake in calculating the total remuneration pool, but in any case it is ugly with respect to the bounty participants of the company and I think that this problem should be solved.
full member
Activity: 504
Merit: 100
This is really good topic here.
ICO price is 3$ ang IEO just 0.03$, this is so waerd.
This project gone wrong, he said if you will get a huge price but just a cheap rewards.
This is unfair for bounty hunter like us.
sr. member
Activity: 1313
Merit: 278
As far as I know, this project is no longer the first round, and judging by all the new bounty branch was completely copied from the old one, so it’s not surprising that we see a similar result. However, the manager had to update the post with awards from the very beginning of the new round.
copper member
Activity: 349
Merit: 0
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
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.


We are very much aware of their scam tactics that's why I dig very deep before joining any project and I believe if all hunters will do same the bounty mangers wouldn't be taking us for a ride anymore
member
Activity: 537
Merit: 12
Often the pool of awards is indicated in the title of the bounty campaign. This amount corresponds to a hard cap. But the hard cap is now very rare. Managers know this, but the amount indicates the maximum. It looks hypocritical, as in the described case in the OP of this topic.
copper member
Activity: 322
Merit: 8
It is no longer a surprise. Many bounty campaigns now scam their hunters without remorse for several months of work done. MFTU/CYFM are similar campaigns last year where the bounty reward was estimated at over $500000. By the time it was over, the project owners said they estimated their token value by themselves before it was listed and they used those same fictitious figures to run a bounty campaign thereby luring many people in. At the end of the day, the entire bounty was not worth up to $15000. Professional scammers!
member
Activity: 616
Merit: 30
There’s nothing new about this bounty campaign cheating and making the bounty hunter stupid and fool

Many strategies to lure hunters to promote their project but in the end of the day those participants will be leave behind when the team gather investors money and run away with it

So for the hunters please be observant and be obedient enough for not becoming another victims of these dams scammers
jr. member
Activity: 280
Merit: 3
BTC $1 mln.
In the bounty campaigns in the last year there were a lot of frauds, so I’m not surprised at these scams anymore. That is why it would be nice if project teams paid bounty campaigns participants for work in BTC, ETH, etc. once a week to make it more fair and honest to those who participate in bounty campaigns.
hero member
Activity: 882
Merit: 500
The importance of doing your own research before participating in any bounty hunting, this a clear deception, participants needs to avoid things like
this and make good research then analyze the possible rewards to receive if its worth to participate using your time and efforts.

I really like the bounty sold through the IEO, but I know that not all projects will sell tokens through exchange. So before I join, I have to study carefully to avoid losing time on useless things
jr. member
Activity: 420
Merit: 3
I thought was normal, not until i also found myself in it.
I believe this changes and such strategies are just deliberate acts, which very soon will be very glaring to everyone.
Bounty managers who do this will get blacklisted, because they too are guilty of such serious offence.
It is also hard to see such projects succeed.
sr. member
Activity: 1078
Merit: 256
He should be updating the Announcement post after updating such, I also checked the spreadsheet but it seems the payment adjustment is not implemented.
well... we just have to wait, hoping that before distribution start or bounty end, he will update the spreadsheet.
It should be taken care before the end of this campaign, hunters will demands the correct stake after some works that has been done to this project,
bounty manager and team behind the project needs to comply and if possible to reply here that they already updated the sheet.
hero member
Activity: 1204
Merit: 505
There are some factors that should determine if a coin should be sold for $3 or not during ICO, though from my own point of view I don't see any reason why coin should be sold at that rate when it hasn't hit the exchange yet. One of the factors to be considered before setting the price of pre-sale high or investing is the total supply of the coin, if it's low then it's okay to make purchase if it.
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