Topic: FAKE ICOs Bounties. What to do? - page 35. (Read 6426 times)
the fake icos are really a problem and scares people off. my opinion is that we should do something about it. but unfortunately i would not know anything what we can do.
Other ICOs are trying to prove that they are not scams. Each legit ICO team is showing exposure. They give genuine information about themselves and their activities during ICO. You are confident in an ICO when you know them and you know every background.
It happens very often in this business, I mean Fake (Scam) ICO or bounty. If you took part of fake bounty it is not so bad as if you took part in fake ICO, in the bounty you spent only your time, What to do? maybe nothing - try another bounty program. But If you met fake ICO that means you lost your money((((
If you're lucky the coins will be listed on an exchange before the team disappeared so you can quickly cash out, otherwise you're either left with worthless tokens or simply gutted from wasting all that time. Happens to lots of bounty hunters so don't feel too bad
Now it becomes very difficult, at first glance, analyzing the project, we see a good team of developers and a similar project concept, and as a result, at the end of the ICO, we learn that it was a Scam project. Because of this, I cease to believe that the bounty or investment can earn
A very good topic before starting to perform tasks on the company's bounty, read about the crypto project, see who leads the bounty company, on the basis of the information received, make a decision.
When it is proven that an ICO is fake, it should be reported to the forum moderator. Scammers should not be tolerated. When no team members identification nor where they are from and their expertise, this ICO is more suspicious than support.
I hope each ICO team should have verification first before offering a bounty. By this will help to prevent the scam. I'm very pleased with other ICOs that they really prove that they are not scam.
I hope each ICO team should have verification first before offering a bounty. By this will help to prevent the scam. I'm very pleased with other ICOs that they really prove that they are not scam.
there is one way to know which bounty is scam or not. That is researching and reading so much. besides white papers, you also read review newspapers to choose exactly.
I think before you join on bounty just read it carefully their whitepaper or their project about, and when you join already if you have a doubt don't think twice just leave it immediately. Don't wait for the others opinion or they says that its a scam. But the best you can do when you want to join is you have to know if who is the manager and if what is their rank.
I am a newbie just trying to grow on this platform. Within a week of participating in altcoin bounties, 2 bounties I participated in have been reported as Scammers. I get a lot of reads on my articles and Social media pages. I cannot keep encouraging people to invest in these altcoins if they would eventually get scammed. How can new bounty hunters like myself differentiate between a genuine bounty and scammers bounty?
Its is really difficult to differentiate whether it is good ICO or scam. But we can avoid some scam by searching by following method. Check each team member linkedin account whether they really promoting their projects or not. and check telegram group. if they dont have real team just assume that they are scam. do not trust high discount project ICO.
You can not have a fore knowledge of how any projects will turn out, you can narrow your expectation to few guidelines that will protect you to a large extent! If you are victim of scam you also can report or create a thread at the reputation section of the forum!
You could sue the company.
Honestly, I believe this is probably gonna cost you more than any benefit you could have.
Honestly, I believe this is probably gonna cost you more than any benefit you could have.
It is easy to get involved in scam bounties, but the best way to stay away from scam bounties is to follow good bounty managers or bounty companies, I will recommend kryptical bounties and Amazix.
Well, try to check their whitepaper and roadmap before participating a bounty campaign because some are just copying the whitepapers of other ICO's and you could check Amazix they are the legit bounty managers I could suggest.
For me, I avoid joining on bounty campaigns with a manager that is using a low rank like newbie or jr. member because that is what I experienced. The manager are scamming the effort of the bounty hunters.
even that we cant avoid it for first wide your way of thinking on how are you able to decide to take this opportunity on joining in some ico well when you found out that this is some of a fake ico well must leave it for make a way how you can get back your money if you take some investment on it.
Well lets move on because there is nothing we can do with those fake ICO's and bounties since it takes some time, money and effort to pursue a complain against those team behind the ICO. Moving on the best thing to do. Anyway there are some individual especially those investors or group of investors who had invested on their project might file a complain against those team and if they are unfortunate they will be landed on jail.
if viewed by this ICO has been successfully in very large by named crowdfunded and now you have to think to enter a bitcoin account to participate bounty that attracts many enthusiasts that you deserve and can be sold with high prices on the market.
You something going to return some epoch initially to create some owing effort on the casts however realistically it's successful to happens sometimes.
If you can't get the coins for the bounty mission, you don't have any way to deal with it, you can only increase the judgment of the project to make sure that there is no such thing, or you can find a more reputable bounty manager.
For me, I avoid joining on bounty campaigns with a manager that is using a low rank like newbie or jr. member because that is what I experienced. The manager are scamming the effort of the bounty hunters.
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