Topic: FAKE ICOs Bounties. What to do? - page 64. (Read 6453 times)
Before participating in the bounty of any ICO company, you need to first analyze this ICO. Only this way you can understand a good company or scammers. Experience comes with time and work..
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?
usually scammers bounty don't have a decent bounty campaign managers and websites, also check the road map these bounties offers and also do check the members composing the project often they would provide social media link for these people and often scammers just have a made up account that you can easily tell if it was.
A good way to differentiate a good ICO and scam ones is the amount of funds that have been raised in the pre-sale. I know most ICOs don't post this info / don't have a pre-sale, but I generally never do a bounty that doesn't have some pre-sale amount, unless the hype for the ICO is incredible.
Really fake projects very much, but you appreciate the idea of the project, the project pool, the project team and the road map, if you are smart enough to approach, then you can find a good project
You should study the ICO team in detail. Review the agreements and deals with other companies they conducted, social media profiles, business history. All these can help to distinguish legit bounty campaign from scam.
If you have proof even few, try to post post it on scam accusations, it will help also the other members about it and all people who will fight for this ICO will be red tag by our admin if they found it ts true.
ICO investors are faced with very limited information about the ICO.
It is really hard to tell whether it is a scam.
All we can do is checking the background of the team, read the whitepaper.
It is really hard to tell whether it is a scam.
All we can do is checking the background of the team, read the whitepaper.
Try to participate in most popular and most hype projects, search best in ICoBench for rating!
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?
Without a particularly good solution, most people will encounter some unsuccessful ICO projects. What we can do is to try to follow the excellent bounty managers.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?
For correct decisions in the period of the fall of the market, a solid experience is necessary and it is always important to follow the news. If you do not have enough experience and time, it is better to focus on options with long-term investments.
From January to this year, many newcomers had a pretty tough time, as the market collapsed. After all, it is not easy to observe a price decrease more than 3 times. The best option in this case is not to risk money that you can not lose.
In my opinion, do not be too easy to believe in something because not necessarily it is all true. Distinguish more carefully. And I know this is very hard for you.
Sorry to hear that from you mate, no strategy is 100% able to check a scam is not available. I think before you join in bounty you can do some few checks to ascertain a level of authenticity of the project. If the rank of manager is newbie deserved to be beware not dodge but we must be more thorough by looking at his website or social media if the date of its making. Try to do a little research and try to know about who are those people behind the project.
not all ico are fake before you join any ico you have to find out which project was real , what is the company road-map , market demand and the dev team if all the factor remain good then that project called the real ico. i do check all the factor.
Unfortunately, there is nothing to be done, we just need to start the next project, because they do not pay anything. This is really a sad situation and it can be said for a long time, but there is nothing to be done about it. Just forget it.
more than one heuristics to identify scams without problems:
1. The team page is completely absent or highly sparse
2. The advisor's page has people who have publicly declared they're no longer a part of the ICO
3. The phrases or the token sale are doubtful or overly favorable to founders and insiders (>30% in combination is suspicious)
4. The challenge is offering guaranteed daily returns
5. White paper is lifted from different assets
This gained’t seize a hundred% of scams, however, will let you effortlessly evaluate a mission and parent out if it’s a scam early.
1. The team page is completely absent or highly sparse
2. The advisor's page has people who have publicly declared they're no longer a part of the ICO
3. The phrases or the token sale are doubtful or overly favorable to founders and insiders (>30% in combination is suspicious)
4. The challenge is offering guaranteed daily returns
5. White paper is lifted from different assets
This gained’t seize a hundred% of scams, however, will let you effortlessly evaluate a mission and parent out if it’s a scam early.
This can not be known in advance unfortunately .. The worst thing is when the project is scamed at the end, when you have already spent on the company bounty months...
With many scam ICO and bounties in this time, you can choose participating at bounty which managed by a trusted Bounty manager like needmoney, yahoo, wapinter, sylon. They will guarantee for your work.
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?
According to the friend, even the most experienced Bounty Hunter can make mistakes in the project. Now is the time that scammers only use this and they are very smart! 
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?
You can always check the road map if its too good to be true or realistic because some of the icos are having a very huge amount of fund for their bounty and it was too unrealistic that they will really give that huge amount of bounty so always try to check the ico before participating because some of them are scamming their participants.
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