Topic: How to check bounty legit or scam?? - page 7. (Read 2545 times)
To confirm that you need to check many things about the project, firstly go through the white paper and know the worth of the project, also check the community to know how strategic the dev team are, if these are verified you're good to go.
I think its impossible to be 100% sure, so just check bounty managers and check who got green trust and a lot of successful projects.
we can cite as an example a lot of projects that as a result turned out to be fraudulent projects. But the fact is that they were initially very promising with real investors interest. Therefore, I really agree that no one can give 100% of the guarantee.
There are a lot of bounties out there and selecting a few to participate can be tricky task. Many bounties did not pay as sometimes they do not reach soft cap. Mostly projects do payout if soft cap is reached since they do want to have negative reputation due to not paying out. Another important criteria is the bounty manager who manages the bounty have proven track record or not. There are many experienced managers who work in a positive way and they will make sure that bounties are paid out.
I think its impossible to be 100% sure, so just check bounty managers and check who got green trust and a lot of successful projects.
we cannot know for certain how a good Bounty is. but in general, a successful Bounty has a clear team and a good and transparent concept in terms of sales. Team activities on social media can also be used as a benchmark for choosing Bounty because good teams are usually active on social media.
how to check the bonty program is legit or sexcem. sometimes there are bounty programs that do not include the spreadsheet
There are certain unique features of crypto and Blockchain: it's decentralization, full transparency through a public ledger and open source code that everyone can see. Scammers and pyramids do not have these common characteristics, they are usually centralized and opaque.
You need to check their projects, websites, team, advisors, Whitepaper, Roadmap, bounty campaign, bounty Spreadsheet.
I think Whitepaper is the most important thing because in Whitepaper a detailed description of the project, if there is not described a clear idea about the project then most likely this is scam. So, be careful....Good luck.
I think Whitepaper is the most important thing because in Whitepaper a detailed description of the project, if there is not described a clear idea about the project then most likely this is scam. So, be careful....Good luck.
I don’t think there is any easy way to know if a project is scam as you say. What I know is that the team involved in the project is always a pointer to what the future of the project is. The questions I asked myself are:
1. Who is the Manager, what is the past record? Record of successful projects or not
2. The team. Who are the people on the team. Research them on social media. So they exist? Or they have little activity which is recent?
3. The project itself what is the usecase.
These questions will help greatly. But ultimately there is no clear cut way to determine a genuine project
1. Who is the Manager, what is the past record? Record of successful projects or not
2. The team. Who are the people on the team. Research them on social media. So they exist? Or they have little activity which is recent?
3. The project itself what is the usecase.
These questions will help greatly. But ultimately there is no clear cut way to determine a genuine project
A lot of us have come to believe that the best way to check whether or not a bounty is legit or scam is by thoroughly going through the whitepaper of the project, and its team members, but I would like to say that this doesn't really do anything. In my own opinion, there is no specific way that one can actually determine whether or not a bounty is scam. I have participated in a bounty program that I really felt were legit, only for me to later discover it was a scam
To check for a legit or scam bounty,I look at the roadmap of the project,what they intend doing for the people and the videos they come out with. You can see some bounties with correct videos and always updating you on current issues.
It's not easy to know if a bounty is scam, because the cycle of bounty campaigns is usually very long, they are usually in the ICO period, you can't do 100% clear whether a project is real, you can only pass the bounty Manager, Twitter account and other details to infer.
Its not easy to determine that this days because some projects now have their profile on website yet they still scam people, its only to invest on the ones with use case or they already have what they are working on.
To check whether a bounty is legit and not scam, one of the ways is by checking who the bounty manager is, reading about the project and knowing their aim and roadmap of the project.
One thing i always make my self secure is that i look at the spreadsheets if there are lots of higher ranks joining in,And i look at also in their telegrams if there are mostly admins communicated also to the groups,,,that is actually i did, not just for the whitepapers also be connected by their telegrams snd spreadsheets.
how to check the bonty program is legit or sexcem. sometimes there are bounty programs that do not include the spreadsheet
It is hard to tell whether the project is scam or not but I see some aspects why I consider as the project as scam. First of all the spreadsheet once the spreadsheet was not updating then I already consider it as scam because they didn't check the desired stake. Next is their website once the content of the website was not good enough then I consider that as scam and lastly the manager once the manager of the campaign has a red trust then I didn't join that kind of campaign.
I generally try to associate the bounty campaign to the ICO project they belong to, the most important of all is to check the reliability of the team behind the project, their previous works, etc.
well you can check about the ICO you joined and if you really liked it and then it's your choice dont hasitate to join.
I think it is hard to found out if they are scam or not, even expert and known bounty manager also scammed and get red trust, i just join any bounty campaigns with has a short period of time of their bounty program so i can join as many as i can.
While picking a venture, it is important to consider such a minute as the mentality to crafted by the battle administration. It is important to take a gander at the messages of different clients about the administration of the crusade, if there are many negative surveys, at that point the venture ought to be skirted. Every ordinary director for any errand makes a frame for filling in on a particular format, indicating a connection to the interest results, all perusing and carefully filling the information into tables with shared access.
in choosing ico we must be careful so we can get the legit ico. we can see the existing whitepaper, in the whitepaper, there is a lot of information about the project that will be followed. we can see the team handling, the concept, the supply of tokens, etc. that way we can determine whether the project is worthy to be followed or not
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