Do you research the company before participating in a bounty? - page 5.

verifyas

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Activity: 112

Merit: 10

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Quote from: william8829 on October 29, 2017, 01:13:34 PM

The bounty manager is really important when I choose ICO bounties. Since I have done a couple of weeks. I have noticed Its easier when the bounty is lead by a member of the Dev team.

It's interesting you say that. I was wondering how important it was to participants to have a well-known bounty manager like yahoo, Lauda, etc?

Dr0idGuru

member

Activity: 153

Merit: 10

Research the company is extremely important.
A good due diligence on the company behind, should answer the following questions ?
   1) Is the team real ? Checking the LinkedIn profiles
   2) Is there a active GitHub ?
   3) Is the brand / comma popular in Google Trends ?

For instance, if you look to a future ICO like AppCoins, in the 3 company research points:
   1) Team: https://appcoins.io -> in the section "Team", you have the LinkedIn account
   2) The AppCoins github is active with hundreds of commits: https://github.com/Aptoide/AppCoins-ethereumj
   3) If you go to Google trends, you can compare with other teams projects: https://trends.google.pt/trends/explore?date=today%205-y&q=Ethereum,Aptoide,Kik

Always do your due diligence / company research.

patz22

full member

Activity: 1176

Merit: 104

Honestly, when I joined my first campaign I didn't read the project and what happened was the project was not successful and it took a month before I receive my bounty. But now, I'll make sure to read the details about it (projects, platform, whitepaper and other information) to ensure that I can get what I give (I do not invest money what I invest is my time and effort)

shade_wrath

full member

Activity: 210

Merit: 101

Any store can buy, sell, and accept Crypto

Even after how deep you do your research, if a project want to scam bounty hunters it will. Projects Like MAGOS, Shopeo even after reaching softcap left the bounty hunters hanging. Then there are projects like Avrorum, VALUS, BioNT which were not able to reach softcap and ICO was cancelled even after having professional website and detailed project content.

Then there comes projects like BOWHEAD, which have reputed team of Doctors and ICO reaching Softcap which scam bounty hunters by paying less tokens from what was offered.

So irrespective of which campaign you join high chances are in 50% of the projects you will end up getting not paid for your efforts one way or another!

Research helps but eventual outcome we cannot judge!

greenclub09

full member

Activity: 560

Merit: 102

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Doing research about the ico projects before investing in is the most important step to do. We should search for information on their website, whitepaper, developer, and advisor, also their contact with us whenever we ask them a question. Check the asseessments of website reviewer, from that you can determine whether you should consider to invest in that ico project or not.

Butchick

full member

Activity: 392

Merit: 101

dApps Development Automation Platform

I think doing some research on the bounty or ICO that you are about to participate is one of the first steps that we should do. It is important that you have an idea on the project/technology of the ico as well as the people behind it and the usability of the technology itself because we ate not only investing money but also time and effort and thru it we can also see if the ICO is legit or not. It's also a matter of safety or security.

Argoo

sr. member

Activity: 2352

Merit: 245

Of course, before investing in any ICO project, it needs to be carefully studied, otherwise you can lose your money. However, even a good study of such a project does not guarantee the completion of the project for various reasons, as well as the fact that it may be fraud, or simply created for the purpose of raising funds, and after a while the created coins will simply depreciate. In the near future, states are going to regulate the process of issuing initial coins and, possibly, the risk for such investments will be less.

Crypto_trader87

full member

Activity: 322

Merit: 100

Before long ago if i see some bounty campaign i just join without proper knowlegde abour the company back ground and lately if found out that ive made mistake with that ive been a part in some bounty campaign that the company was failed so now before i join the bounty campaign i carefully study first before i join

bitcoinbox

sr. member

Activity: 675

Merit: 254

So far so good

Research the company before participating in a bounty is essential. In fact it must be the same amount of research as to invest in an ICO.
It is not a good feeling at all to promote a coin which finally turns into a scam, we don't want to help those guys.

SportsbookBettor

sr. member

Activity: 315

Merit: 250

Yes doing research before joining ico is good because it will help you decide if you will join or not. I don't want to waste my money if i put it on the wrong ico because some ico are created just to scam investor.

cryptonomicon25

member

Activity: 460

Merit: 12

It has to have a website, whitepaper, and devs interacting with the community for me to even consider spending my time with it. Too many joke coins appearing now with none of these things and poor spelling, grammar, etc. Sometimes they can't even spell their own coin correctly Roll Eyes

Don't waste your time with these.

william8829

full member

Activity: 196

Merit: 100

Quote from: verifyas on October 24, 2017, 01:54:32 AM

Just wondering if this is something everyone does, and what questions you need answered before you are comfortable participating (and actively promoting) an ICO?

Heres what I do. I see if they have a website. If no, I wont join. If yes, then I go to their site and just look for an all around show of professionalism. Like coherent sentences, original site design and read their what their product is about.

The bounty manager is really important when I choose ICO bounties. Since I have done a couple of weeks. I have noticed Its easier when the bounty is lead by a member of the Dev team.

Crumple Cat

full member

Activity: 364

Merit: 138

dApps Development Automation Platform

Of course. Firstly, if you don't do this and participate in everything in a row, then you help the scammers. Secondly, you can waste a lot of your time in vain and not get the desired result.

Minotus

full member

Activity: 236

Merit: 100

Presale is live!

I do research about project, team company for sure. I look at them if they have a strong idea, creative team. If I participate in bounties firstly I should trust them. I also read whitepapers before investing. I think it's important.

yura_878

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Activity: 308

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The Operating System for DAOs

Personally, I investigate every company I promote but the criteria I have for selection are not very rigid

Zinkin

member

Activity: 101

Merit: 10

Well it is not necessary to research the whole company of it, but just to reassure then there is no harm in that. But if you just wanted to like have a summary out of the current project so far then the 'White Paper' have enough information to feed your curiosity. It has the timeline of the project, you can check from time to time if that project is any good. And using that White Paper you can easily compare other projects and examine which one is the best to invest your time and effort to have lots of profits.

PPleaseman

full member

Activity: 280

Merit: 100

Hello. Actually i use the bounty as a reason to do my research good (read whitepaper,team,project,useage).
But i dont invest in every bounty project i am part of. It is very frustrating if you take part in a bounty program and they dont do good

Cheers

BogdanGFTP

full member

Activity: 504

Merit: 101

Of course yes. The project must have good team, strong idea and not big hard cap

Capt00

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Activity: 938

Merit: 105

Of course, this is the most important we should do before investing in any ICO. Having a knowledge towards the project is an advatage to any investors as their questions and doubts in their mind have answered.

als17

newbie

Activity: 53

Merit: 0

Quote from: Abe.lard on October 29, 2017, 11:10:46 AM

Is the model feasible?
Is the model novel?
Is there scalability?
This is my personal opinion
In my opinion, I will attend

Cool good questions !!!

Topic: Do you research the company before participating in a bounty? - page 5. (Read 2153 times)