Do your own research before opting-in

Francis Freeman

hero member

Activity: 1005

Merit: 502

Sovryn - Brings DeFi to Bitcoin

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

Of course outline should spend some time and research carefully before deciding to join any bounty campaign .
Because even though they are not spending money they are spending a lot of time (atleast a month) for promoting the project and their reward depends on how well the project will do in future.

noorman0

hero member

Activity: 1764

Merit: 696

[Nope]No hype delivers more than hope

Quote from: barbara44 on November 01, 2020, 04:03:35 PM

_snip_

I mean how could we talk about so many scam bounty campaigns and there is like 10 topics everyday about how bounty management must be escrowed and so forth while also still having 20+ pages of applicants for each bounty?

They adhere to ancient traditions,
Joining all the existing bounties, 1 to 2 of them will definitely pay fair. The rest, make negative reviews on the forum.

You won't be surprised if every week there will be hunter complaints about improper payments, falling prices, not paying, changing rules or scam projects. They would rather do it all than do any previous research.

kevinzxz

full member

Activity: 1470

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👉bit.ly/3QXp3oh |🔥Launchpad on TON

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

that is the risk of becoming a bounty hunter, but I agree with you if we have to analyze the bounty that we want to join and I personally always analyze several factors before I joined the bounty, that is:
1. the rules for the bounty must be clear and fair;
2. the idea of the project must be good and useful for the future;
3. the team must be quick and active in responding to investors;
4. the team is always updating information about the project;
5. the project must run in accordance with the roadmap that has been made.

Kong Hey Pakboy

member

Activity: 1120

Merit: 68

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

Indeed. Many people waste a lot of time participating and joining bounty campaigns because not all are worthy of our time and energy. They mostly end up scam and unsuccessful, and they have delays in distributing rewards. So it is much better to join in some signature campaigns and other ways that you can earn in the crypto world, such as trading and investing cryptocurrency.

Traderbtcc

full member

Activity: 1190

Merit: 123

★Bitvest.io★ Play Plinko or Invest!

No doubt about this, everything your saying is true, I think it advisable to always do a research about any bounty campaign before joining, but sadly many bounty hunters don't do this, they just go in blindly cus the bounty campaign seems real and they hope to get a reward at the end, some even if the bounty manager is a newbie and is being flagged for one thing or the other they don't care, they just go on to participate and help promote the scam project without getting paid at the end,so its best we do a research before participating in any bounties cus alot of them are scam and won't pay at the end.

ardentvolcanoes

sr. member

Activity: 1050

Merit: 252

Quote from: Ryushin on November 01, 2020, 05:43:58 AM

If it's a must to promote a bounty project make sure the team aren't anonymous like many others, there are many scam projects with anonymous teams presently in bounties section on btt forum, also make sure you check out the bounty manager, reputable bounty managers are very important

Bounty managers reputation is one of the factors when picking your bounty hunting, well known manager do also their research regarding to the team

that they'll be working with, they won't forsake their reputations just for some penny, looking to this factor will bring a good idea which project to support

plus doing your deeper research pays well to find what project to work with and support.

barbara44

hero member

Activity: 2534

Merit: 605

Why do people keep complaining about how most bounties are a scam and yet when I look at the bounty pages of this forum I see 20+ pages of people who applied to each and everyone of them? I would totally understand if people were talking about how it is risky or anything as well but they are just applying there.

I mean how could we talk about so many scam bounty campaigns and there is like 10 topics everyday about how bounty management must be escrowed and so forth while also still having 20+ pages of applicants for each bounty?

This is why I do not think anything will change in the crypto bounty market, projects could scam everyone and the next time it happens there will still be people applying, I can start a project and scam bounty hunters by not paying them and restart it a week later and still find bounty hunters. Until we stop applying to the ones that provide no guarantee, we will always be scammed.

Ryushin

member

Activity: 322

Merit: 10

If it's a must to promote a bounty project make sure the team aren't anonymous like many others, there are many scam projects with anonymous teams presently in bounties section on btt forum, also make sure you check out the bounty manager, reputable bounty managers are very important

kentrolla

hero member

Activity: 1652

Merit: 569

Catalog Websites

Bounty project these days are disgusting the majority of them are scammers where many of the investors and bounty hunters are not being paid, well while researching try to get more and more information about the project like checking their white paper, go to their website and check their promises normally I avoid projects that rely on hype and big promises. So be careful before investing in a bounty project.

acener

full member

Activity: 1274

Merit: 115

★Bitvest.io★ Play Plinko or Invest!

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

Yes we should do a proper analysis on them do some research instead of wasting weeks on promoting them without even looking at their information.
It is better to do your research first before spending time and energy on them for weeks or even months.
But no matter how many times we say it or advice it to the bounty hunters most of them are too lazy to do it and let the projects scam them.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

It is right if you always research first for the new project to find if that project is worth to invest because if you don't research, you will end up getting scam of that project.
Many new projects out there, but only a few of the projects that can succeed at the end of the campaign, and I am sure you don't want to get scammed by them.
If you can not get more information about the project, you don't have to force yourself to invest in that project because you will lose your money in the wrong project.
It is better to search for another project which can have the potential to succeed in the future.
If you invest in one project and the price does not increase, you need to be patient because not many projects can lift the price quickly. Maybe you need to watch the token to know where the market is and sell the token when the price increases.

joseyphil82

member

Activity: 742

Merit: 16

We should stop looking at whitepapers and roadmaps from new projects, this can easily be put together, we should focus more on the team and the project utilities, this two are more important than whitepaper, gone are those days where you can judge a project by it's whitepaper and roadmap

jolle123

jr. member

Activity: 190

Merit: 1

Fully agree with this. Putting effort to do a research is a must it will save you and eventually take you away from falling into fraudulent projects. Because nowadays a lot of scam project are booming from the market but also there's also a good and reliable one and this is the yB token that will give you the best reward/investment.

b1boy

jr. member

Activity: 392

Merit: 2

I totally agree with you and on this and i still dont get how people dont know the fact that they have to do enough research before investing in a project..... no matter how obvious it is that a bounty is scam project some people would still love to waste their time doing it and henceforth bringing more people to be scammed and most if of the Defi ones are bringing in the new waves of scam bounties

StyleForceOne

full member

Activity: 304

Merit: 100

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

Thats crypto and basically any investment 101 - don't believe any resource, but raw data.

sakuragi21

jr. member

Activity: 286

Merit: 1

This made sense for everyone, we really need to be careful and be more wiser taking a good analization before getting in into some projects because most of it is just a so called scam projects. But we also need to consider that there are also projects that can give us a good potential source of investement one of these is the yB token.

btc-facebook

legendary

Activity: 1862

Merit: 1015

Too many scam projects about DeFi, it should be a lesson not to easily get caught up in DeFi projects,
some analysis to avoid a scam project including looking at the profile and background of the team, try to look for details and make sure directly whether the profile is real or not, because now there are many fraudulent LinkedIn accounts that use other people's identities.

bitcoin31

hero member

Activity: 1834

Merit: 523

We already know that, but thenks for the remind and many thread like this who gives awareness to the bounty hunters do not join bounty campaign without knowing the real purpose of the project, mostly also bounty hunters once they see a hugh reward they grab it even it obviously is scam maybe they taking risk because if that is legit in the end they get high profit.

BChydro

hero member

Activity: 1426

Merit: 506

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

Never promote that have anonymous developers and team members, when the ICO projects started everyone was adamant about having their privacy even though they were collecting millions of dollars and then we saw a huge percentage of scammers followed the route and billions are lost and that is happening in DeFi.

24Kt

member

Activity: 1092

Merit: 67

Quote from: StreakW on October 31, 2020, 06:04:12 PM

Do you own research, i don't know about this it's really working or not, yes it's work but not all aspects, sometimes we think the project will succeed but becomes fail, sometimes we think the project potential for the long term but the coin dumped until worthless, so many unpredicted move especially in bounties, so my opinion bounty hunter 60%luck 40%Dyor

Little advice to focus find bounty with top coin reward, this is will give more guarantee

Quote from: mace15 on October 31, 2020, 05:47:08 PM

so never again to experience of scam bounties.

We want it, but it's impossible

Look for projects that have strong foundation like the team and if possible, working platform. Also, check the credibility of the BM also. Is he the kind of BM that accepts any kind of project or he has the reputation that only accepts legit and good ones? But of course, it doesn't rely entirely with the BM, because you need to check the project's development on your own and assess if it has the capability to implement their objectives.

StreakW

full member

Activity: 1189

Merit: 107

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Do you own research, i don't know about this it's really working or not, yes it's work but not all aspects, sometimes we think the project will succeed but becomes fail, sometimes we think the project potential for the long term but the coin dumped until worthless, so many unpredicted move especially in bounties, so my opinion bounty hunter 60%luck 40%Dyor

Little advice to focus find bounty with top coin reward, this is will give more guarantee

Quote from: mace15 on October 31, 2020, 05:47:08 PM

so never again to experience of scam bounties.

We want it, but it's impossible

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

Your effort will pay what you have done, if you just following other people suggestion or even you just pick one project but you don't make an analsyt against it then tge reward that you get will be equal as you did.

But, when you have done many things and you know the ins and out of the project that you will be promoted then a chance to gain profit as you want will be widely open. A good project will back to the its all time high although the price facing a dumped before.

I've invested a DeFi project and buying it when the presale start, I believe to the project will have a high price in the future because its system will be choosen by most crypto user so I decided to hold it although it was dumped. And now, its price trying to recover step by step.

mace15

hero member

Activity: 1428

Merit: 506

This is true a lot of defi bounty project right now and it is very important to do an analysis and proper research before joining in. We have experience to get scam, and to get nothing in return that our effort of joining a bounty was useless. We must do our part to be responsible because in the end we will be the one will suffer so never again to experience of scam bounties.

GreatArkansas

legendary

Activity: 2338

Merit: 1354

If you clearly analyze a bounty, do proper research, yes it may help you from wasting your time joining and participating in such bounty campaigns.
There are also some bounty campaigns that do not scam for their bounties just like, yes they are giving rewards for participants and it is ontime and exact upon the rates. But what becomes SCAM in some ways, is the project itself, like the value of their project, started to dump and dump and the value of your bounty tokens become worthless. This is the worst part of being a bounty hunter.

Johnyz

full member

Activity: 2086

Merit: 193

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

Trusted manager wont work on a project with no team information so I still believe on them and I can work with some bounties but I have to agree on most of the project are scam and very few succeeded. Bounty work sometimes is stressful, its our job to look for those good project and bounties so newbies have to remember on always do your research before joining and participating, same with your investments.

Princeofpoetry

member

Activity: 686

Merit: 28

PUGG.io

In fact, it is true, the DeFi project hype, scammers are trying to drain investors' money through the DeFi project, which has no clear progress and prospects for the future. they're just trying to get investors' attention with a good rewad. best way to avoid it "do deep research and always be careful, if suspicious leave it"

blockman

hero member

Activity: 3066

Merit: 629

Vave.com - Crypto Casino

Quote from: bttmember on October 31, 2020, 04:49:39 PM

Looks like it is a pattern i am talking about the big trends and connection to bull runs. Last time back in 2016-17 there was huge trend of icos where billions were invested and then a huge bull run and this time we had defi boom so looks like next big bull run is just getting started now.

That's the pattern if we're going to compare it back then. And you can see that the effect took already when bitcoin reaches $13,000 and likely to cross $14,000 anytime soon. Back then, there were a lot of scam ICOs that got out after the bull run so it was around 2018. Today, likely the small bullish turn hasn't ended but the Defi projects are becoming more and turning to scam. OP is right that every bounty hunter must check and validate first the bounty and the project itself before joining.

bttmember

member

Activity: 938

Merit: 13

AMEPAY

Looks like it is a pattern i am talking about the big trends and connection to bull runs. Last time back in 2016-17 there was huge trend of icos where billions were invested and then a huge bull run and this time we had defi boom so looks like next big bull run is just getting started now.

aemma

copper member

Activity: 966

Merit: 14

Just as someone needs to research on every project before investing, in the same way and energy, there is need to study every bounty before joining in order not to waste your time. Talking about scam projects, it can be any project, be it DeFi or otherwise, but with DeFi being the latest trend, there is need to be careful because the higher attention is still on it. Also, Defi stands for Decentralized Finance thus making the project team to act anonymous, but this can also be bad because exit scams can easily happen, groups deleted and the community will be left in the dark with no one to hold accountable. Nevertheless, although there are good DeFi projects out there, however it is also important to study any of them thoroughly before participating be it in bounty or otherwise.

StephenJH

hero member

Activity: 1470

Merit: 521

No more Rekt and Bust

You must be new here, the bounty projects are nonsense for the experienced forum member, IMHO. There are better ways to waste the time and money because the investors never chase the bounty rewards if there is a higher potential for making money in investing. The ROI of 10% is better than getting the bounty rewards after 6 months of delay. DEFI and other new projects are mostly scams, better don't even pay attention to such projects. If there are proper ways to make money why I have to waste my time with additional stuff? Bounty scams increase every day just for this reason. Just my 2 cents.

marissa23

full member

Activity: 658

Merit: 101

I also see that the majority of bounties are scams and should be aware of before participating in a bounty without research because it is just a waste of time promoting fake projects. Hope you follow the progress of the project and make sure the project is working according to the roadmap.

b1k4ng

full member

Activity: 728

Merit: 100

of course bro, I will do some research before joining the bounty because if it's wrong then I won't get anything, and it's true what you say if Defi is now very much hanging around the bounty, of course 90% of them are just scammers

disconnectme

hero member

Activity: 1876

Merit: 512

Anyone that just jump into any project all in the name of joining campaign and promising huge reward is likely going to waste his/her time with the project. I have always advice that you should carry projects you believe you can invest your own money into, if you don't see your time as an investment then good luck

bigcash2011

sr. member

Activity: 1442

Merit: 265

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

I have joined and promoted atleast 2 to 3 defi based bounty campaigns but the result is that i have not received bounty reward tokens from any of such campaign so i do think the same and we should avoid incomplete looking or low quality projects.

Daras

jr. member

Activity: 71

Merit: 1

Who will want to build a house without first make enquiries about the house (plan) he want to build,so also is opting in to any bounty campaign or investment,research about the campaign is a crucial and critical step which must first be taken in order to know the legitimacy of it,rushing into a campaign without proper research is a mistake which eventually may end in regret.

arjuna BTC

sr. member

Activity: 994

Merit: 250

BabelFish - FISH Token Sale at Sovryn

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

joining a bounty campaign is same with investing our time to the project
because if we joining any bounty campaign, we must have an extra time to doing the task mate,,
so, before people join any bounty, they must doing a deep research, just like if we want to drop our money to the project wich mean invest

VortecxZ

newbie

Activity: 7

Merit: 0

yes you are right, before taking part in the bounty or airdrop it is best to do some research, before deciding to join, I have already felt a number of bounties and airdrops on telegram were quite a scam, some of them left their projects on the distribution date

tycsols

member

Activity: 812

Merit: 10

BountyMarketCap

Yeah and bounty section is full of such bounty campaigns, it can be easily judged that these projects and campaigns are scam.
I hope hunters will avoid such campaigns as they will not result in any reward, I have learnt the hard way by wasting time and money on such campaigns i hope no more people will fall for these programs.

Boov

sr. member

Activity: 868

Merit: 256

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

Will be and always a timeless reminder to each and everyone of us here who were actively participating in any altcoin bounties. It is so sad thinking that those scammers were just making those nonsense campaign leaving active participants hung up there without knowing that their effort will be useless. I already became a victim, which i ever did not realize that i am already in their trapped. And from this experience of mind it taught to be more careful and become wise enough to join in each bounties.

Stanlo

full member

Activity: 952

Merit: 110

True, we shouldn't depend on bounties and Airdrops since there is no guarantee of getting anything in return but I believe it's still worth taking a shot at, there are many success stories of bounty hunters who made insane amount of dollars, anyways, my own advice is to avoid rushing to promote projects, take your time finding clues, no one is chasing you so calm down and do your own research

Chrystora123

full member

Activity: 1414

Merit: 228

Omicron is another FUD

Quote from: Rowenta on October 31, 2020, 01:33:31 AM

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

Doing more research and not carelessly joining in a bounty is highly recommended. for example, this "Yearn Insurance" project, this project was detected to end up a scam because they had deleted their telegram. Currently, the DeFi hype makes a lot of con artists not want to miss the moment to commit fraud. so, always be careful..

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

This is why airdrops and bounties are for risk takers regardless of the outcome. You can’t stop these bounty hunters from wasting their time in being greedy, as they really care less about the anonymous team, etc. I can see that most of the projects ending with “Finance” are scammish and doesn’t have unique concept about yield farming, staking, etc., and making their team anonymous. Not even Uniswap listing could prove that they are for real, because there are some fake DeFi projects out there who are dumping their coins and tokens on Uniswap.

Nothing is perfect here. I suggest that you guys should not make airdrops and bounties your full-time job or career. Been there done that, and it’s my mistake. You should be doing more than just being an airdropper or bounty hunter. You can apply as an ambassador in their projects (but make sure that they pay you fair and square), or look for some crypto jobs that could pay you in Bitcoin, Ethereum, USDT, etc., that would support your daily needs especially in this pandemic. Just don’t accept a full-time job or ambassador work that they can only give you shit coins or tokens that are not tradeable (or even dumped) every month.

jessyj48

member

Activity: 756

Merit: 14

Got it, I'm pretty sure many are already aware, there are some bounties in altcoin section that have no team, I wonder what gives the bounty hunters confidence to promote such projects, they are always in finance or DeFi crap, I'm sure ain't taking the bait, I suggest others should do the same

Rowenta

member

Activity: 196

Merit: 12

Be careful with altcoin bounties, they are mostly scam, I'm not saying all of them are but majority of them are not making sense, make sure you don't just join bounties without proper analysis, the most annoying ones are DeFi bounties, full of projects with no team information, do your part and save your time and energy.

Topic: Do your own research before opting-in (Read 472 times)