Enough of bounty scam, you can help to stop it too. - page 5.

mr.smith

jr. member

Activity: 119

Merit: 6

Quote from: kingzpro on August 12, 2020, 11:36:48 AM

I have experienced that no matter how much time and analyses you put into a new project to be satisfied with all its aspects still you can get scammed, so you never know what is on the mind of the people behind a project. Prime examples are Athero and Envion that were massive projects but they scammed or failed and bounty hunters got absolutely nothing not even distribution.

It's like a box of chocolate you never know what you are going to get, bounty hunting is like a guessing game a lot of my friends stopped doing bounty campaign one of my friends have done over a year of bounty hunting and over 80% are scams or did not send payment.

landoffaucets

hero member

Activity: 1204

Merit: 502

I think that we already have a good system on how to detect scams. At first, when the project is introduced on this forum, someone learns the whitepaper and when he realizes something wrong, he posted his concerns here. DT members review it and when they realize the same conclusion, then they mark the thread as a potential scam and give negative trust to the member.

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: TheMystic on August 12, 2020, 11:51:21 AM

Even the selected ones with promising features and team fail. We just have to keep trying. Amongst 10 projects campaigned for.. 4 will definitely worth it.

You are right but I think some or many of the listed items are surely better to guide on the safety to bounty hunters. If we avoid obvious scam project especially those from managers that have been known with scam projects.

TheMystic

member

Activity: 171

Merit: 12

One thing is, there are some bounties with all this to run away from features, that still do better after a while. I have judged some bounties based on some of op listed points and they turned out good. Even the selected ones with promising features and team fail. We just have to keep trying. Amongst 10 projects campaigned for.. 4 will definitely worth it.

kingzpro

member

Activity: 756

Merit: 13

DIFX - Digital Finacial Exchange

I have experienced that no matter how much time and analyses you put into a new project to be satisfied with all its aspects still you can get scammed, so you never know what is on the mind of the people behind a project. Prime examples are Athero and Envion that were massive projects but they scammed or failed and bounty hunters got absolutely nothing not even distribution.

FaucetKING

sr. member

Activity: 1246

Merit: 306

I have seen alot of bounties having the same criteria that you stated in your post. Take a note that not all the informations that you have wrote are indicators of scamming or of a bounty that is going to be a failure but i ccan't say that you are wrong too. Just try to focus more in the quality of the bounties that you join, try to check whether the developers have put an effort in their website development..etc.

Pasutinmeur

full member

Activity: 302

Merit: 100

Quote from: Squezzi55 on August 11, 2020, 01:32:46 PM

How do you plan to stop scam bounties? Only cheap built scam projects that get exposed with your strategy, you need more than luck to escape some scam projects, even well developed projects can turn scam

The way to make the participants aware if that was a scam bounty and they will not try to join or participate in such bounty. That will need a lot of proofs to do that but the scam bounties will always come from the scam project too.

Ceyflix-Rez

member

Activity: 420

Merit: 13

$CYBERCASH METAVERSE

When it comes to bounties you are always on your own, finding good bounty manager is like finding a mid man who can fight for your reward if team failed to do the right thing, still not a bad idea but bounty managers aren't always trustworthy too, bounties is a risk side job that's only good for those who don't care much about disappointments

chanc3r

sr. member

Activity: 952

Merit: 253

Quote from: Squezzi55 on August 11, 2020, 01:32:46 PM

How do you plan to stop scam bounties? Only cheap built scam projects that get exposed with your strategy, you need more than luck to escape some scam projects, even well developed projects can turn scam

When people aware about that and they must not join on such bounty and I think that will make the scam bounty will have no participants and then it will die. There are also hunters who need to be educated as some people keep join in the scam bounty

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: GWS My Boy on August 11, 2020, 05:09:58 PM

The bounty scam can only be stopped with the utmost care because it is difficult to distinguish a good bounty from a scam they are very neatly arranged if we are careful before joining it will avoid the bounty scam

Scammers are great doing their job very well.

It's hard to identify and you really needs to do deeper reviews and studies in order to avoid
being victimized by this people. Risky but the only protections that you can do is to keep
your DYOR each time you plan to participate.

GWS My Boy

full member

Activity: 600

Merit: 100

SAPG Pre-Sale Live on Uniswap!

The bounty scam can only be stopped with the utmost care because it is difficult to distinguish a good bounty from a scam they are very neatly arranged if we are careful before joining it will avoid the bounty scam

MainIbem

sr. member

Activity: 1316

Merit: 379

Fully Regulated Crypto Casino

When a project decide to pay in BTC or ETH, it is certain that project is a serious one. Because there is no way they can dump their shit coin on the bounty hunters and the Bounty manager. Which is why the most sort after and reliable bounty managers are those that pay in BTC or ETH.

Squezzi55

member

Activity: 266

Merit: 11

How do you plan to stop scam bounties? Only cheap built scam projects that get exposed with your strategy, you need more than luck to escape some scam projects, even well developed projects can turn scam

lousie9

sr. member

Activity: 1680

Merit: 263

yes some of the points above are the characteristics of the Scams bounty, and the irregularities I encountered when cornering several questions about the project on the telegram channel and BM / Team did not respond to me, trying to do VC directly with TEAM not ACC, then I started to doubt when I find out about inexperienced developer and bad team reputation never even managed a bounty project before.

jpnl0006

jr. member

Activity: 480

Merit: 4

The number of scams recorded here in the bitcoin space and blockchain in entirety has now become too mucha and loads of people are currently feeling uncomfortable with the system. it is enough to battle with but no, bounty came in with its owns erial verson and scared both those who decided to use the bounty as a source of livelyhood. it should be attended to

Eco_111

member

Activity: 210

Merit: 14

Not all dead projects are scam, there are some reasons why projects died without scamming their investors, lack of funds, lack of team capacity and others can bring early death to any crypto project

MikeyVeez

full member

Activity: 896

Merit: 102

You should differ between a scam and a project that dies, but honestly refund its investors. We invest only our time, but if you spend tens of hours and then you receive nothing, it is annonying and when you experience with it more than once, then you loose your patience and stop doing bounty campaigns, so you loose all the potential profit from bounty campaigns Sad

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qomariah95

full member

Activity: 1190

Merit: 100

Quote from: bussybuddy on August 11, 2020, 09:55:16 AM

Quote from: PerfectCircle on August 11, 2020, 03:47:20 AM

New projects comes in different forms and they can pass your every strict tests in finding out if they are scam or not, there is no 100% guaranteed on any new projects even if you do deep research on them, they are that sneaky

Well, somehow new projects are still scams and cost a lot of people money even though they've done a lot of research. Be really careful with new projects because they are never safe

I also agree, indeed, sometimes new projects can not be detected whether a scam or not. Even from my previous experience, new projects make a great start and once done they are not like a scam. After a few months, they disappeared and left the project. That's why it's hard to tell the difference between a scam and a legitimate one.

bitkanu

hero member

Activity: 2184

Merit: 513

Moonbet.io | Web3 Casino

Quote from: bussybuddy on August 11, 2020, 09:55:16 AM

Quote from: PerfectCircle on August 11, 2020, 03:47:20 AM

New projects comes in different forms and they can pass your every strict tests in finding out if they are scam or not, there is no 100% guaranteed on any new projects even if you do deep research on them, they are that sneaky

Well, somehow new projects are still scams and cost a lot of people money even though they've done a lot of research. Be really careful with new projects because they are never safe

The problem is there were still hunters who promoting the scam projects like ibid. There are so many awareness threads about ibid but those hunters are still promoting it.

I think that this is also the critical point that will make the scam project still exists. Those hunters must be stopped

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Quote from: pixie85 on May 24, 2020, 04:47:53 PM

Quote from: Retainly_Collie on May 24, 2020, 03:51:08 PM

No one can stop scam projects in this market. It always appears in many different ways and forms, we can only avoid them with our own experience and not promote it.

You can stop it but first you have to stop being greedy.

Just start asking them to pay with tokens that are already trading on reputable exchanges.

It's not a problem for the team to invest some real money in their campaigns. They could put in a thousand dollars and buy any coin they partner with that is already trading and use that 1000 as a downpayment. Once the work is done everyone gets $10 in that tradable currency + additional new tokens that can be worth something or nothing, but at least you'll get some money for your work.

If a team doesn't have 1000 dollars for campaigns you can expect them to never achieve anything.

In this case, bounty hunters should ignore such bounties, in which there is no payment in a coin that is already traded on the exchange. But in reality it is impossible to do this, because there will always be those who will not support it and will be happy to receive project tokens for their work.

Topic: Enough of bounty scam, you can help to stop it too. - page 5. (Read 2593 times)