How to choose the right bounty for Newbie? Get rid of fake/scam project - page 2.

serjent05

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Quote from: soramon on March 02, 2020, 08:00:30 PM

There is other option to pick a bounty campaign. You can see the track record of bounty manager that run bounties it self. You can check each BM and find the less one. In the end you need to double check the bounty it self and good luck.

This might be one of the good things to consider, but bounty campaigns that promote a project that is yet to exist, I think even the bounty manager doesn't know if it will be successful or won't scam in the future. There are lots of bounty campaigns that were so ok in the beginning but later turned out that they won't pay their bounty participants for several reasons including the bounty campaign manager issues.

And for the sake of verifying the project if it is legit or fake, better check the team composition, verify their CV by background investigation if possible.

shinratensei_

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Quote from: soramon on March 02, 2020, 08:00:30 PM

There is other option to pick a bounty campaign. You can see the track record of bounty manager that run bounties it self. You can check each BM and find the less one. In the end you need to double check the bounty it self and good luck.

Track record doesn't matter a lot in this case when it comes to the altcoin bounty. I have seen some trusted bounty campaigns are also getting bad projects too that the project disappoints the hunters at the end of the campaign. In this case, what matters a lot is the quality of the project itself that can bring a lot of demand to be combined with the massive promotion created by the hunters to attract more and more people from another community to join in our community too.
The double-check to the project must be done in the middle of the development progress if you were participating in the ICO and this must be at the sale progress.
Just keep in your mind if is a complicated thing to do.

soramon

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There is other option to pick a bounty campaign. You can see the track record of bounty manager that run bounties it self. You can check each BM and find the less one. In the end you need to double check the bounty it self and good luck.

taufik123

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Quote from: forexandcryptoauditor on February 16, 2020, 06:43:47 AM

To participate in legit bounties, it's good if we join bounty managers group. Based on previous experiences, we can guarantee about the campains managed by him/her.-snip-

Although joining a bounty telegram group, managers may not necessarily be able to avoid the Bounty Scam Campaign. There is still a possibility that the project being worked on will turn into a scam. Many managers have been fooled by the sweet promises of scam projects.
The manager gets the initial payment before the project is a scam and as a bounty hunter we don't pay anything and that is a risk as a bounty hunter.

The best way is to do research about the project that will be followed. If you want to see other people's research, you can visit Thread that discusses several scam projects in the sub thread Scam Accusations

Kasabus

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Quote from: hamba laeh on March 02, 2020, 03:38:05 PM

Quote from: Cryptolico27 on February 12, 2020, 11:05:55 AM

Good Day Everyone......

Upon reading on various topic these past few days and referring to my friends advise to choose the correct bounty, i'm a little bit confuse on how can we identify they correct bounty campaign to join with? Are there any series of steps to identify if the project is fake or not? Do we have a checklist on how we can confirm if the project is going to be a fraud?

As a newbie like us, what can you recommend for us to get rid of those project since a lot of project begins to collapse since BTC is souring high again?

All you thoughts will be beneficial to us.

Regards.

Cryptolico27

in my opinion if you want to know about a good project then you have to learn a lot of things, especially knowledge about the bitcointalk forum. because so many campaign projects are launched every month. and then you have to see the trust of the bounty manager. after that you have to see the growth through social media they have, if it continues to grow then it is likely that the project is good. and you should also look at the roadmap and whitelist and whitepaper they have.

Even if you that, you still have no guarantee that you won't end up in a scam project but as much as possible you should try to avoid them. You can check the team behind the project if they are really existing and if they have history about successful projects before. And make a history research particularly the bounty manager if all of his past projects are legit or not.

mdzahed134

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Quote from: forexandcryptoauditor on February 16, 2020, 06:43:47 AM

To participate in legit bounties, it's good if we join bounty managers group. Based on previous experiences, we can guarantee about the campains managed by him/her.
At the moment, even if a project is not scam there are chances of not getting rewards as some projects are failing to raise enough funds.

Managers telegram group is very important to know about all of those latest update bounties campaign. And if you have any queries about which project than you will get reply from manager in easiest way. No, I don’t think it’s ture thought if you think manager will give guarantee and no way to give such ensuring any bounty.

hamba laeh

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Quote from: Cryptolico27 on February 12, 2020, 11:05:55 AM

Good Day Everyone......

Upon reading on various topic these past few days and referring to my friends advise to choose the correct bounty, i'm a little bit confuse on how can we identify they correct bounty campaign to join with? Are there any series of steps to identify if the project is fake or not? Do we have a checklist on how we can confirm if the project is going to be a fraud?

As a newbie like us, what can you recommend for us to get rid of those project since a lot of project begins to collapse since BTC is souring high again?

All you thoughts will be beneficial to us.

Regards.

Cryptolico27

in my opinion if you want to know about a good project then you have to learn a lot of things, especially knowledge about the bitcointalk forum. because so many campaign projects are launched every month. and then you have to see the trust of the bounty manager. after that you have to see the growth through social media they have, if it continues to grow then it is likely that the project is good. and you should also look at the roadmap and whitelist and whitepaper they have.

hirngespenst

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Quote from: pokok_work on February 16, 2020, 09:56:40 AM

Actually in this forum very complete about crypto. my advice before joining the bounty or start promoting should look first at the string of scam accusations. don't join random bounty projects, promote scam projects just as you participate in fraud. I personally do more analysis before promoting a project, and that also needs to be remembered sometimes projects that seem potentially could also fail. the point of being a bounty hunter also depends on luck.

*Keep spirit broo Wink

Mate, What you do that is the real path to do follow at this moment. There was a time when people kept doing 40-50 bounties at the same time and most of from them paid well to the hunters. But right now everyone should research hard before joining any campaign. Recently HEX bounty looked good to me and O though it is a good project but today I saw a huge scam allegation in Hackernoon against this HEX project! So, care about the quality of the project, not the quantity! As making money from bounties is very hard, better spend much time on analysis and pick the best one!
Op, don't lose the spirit, most of the social bounty accept newbies, so, keep looking for the best bounty for you!

kambaralikhan

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Most of the time right bounty campaigns don't allow newbie to participate but this is not always the case. First of all only those project pays bounty rewards who meet their hard and soft caps. If the project is genuine but it fails to achieve required funds then they won't pay bounty reward. Anyhow any project that becomes successful payout bounty reward. Since the recession in the market new investment is not entering in the market so that's why bounty campaigns are struggling to pay their participants.

darewaller

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Quote from: Cryptolico27 on February 12, 2020, 11:05:55 AM

As a newbie like us, what can you recommend for us to get rid of those project since a lot of project begins to collapse since BTC is souring high again?

It is not that easier to filter out scam projects and their scammy bounty programs. You need to do your own due diligence but still there are only 50% chances for you to stay protected. Because, scammers also come with big tricks to cover themselves and to convince us to work for them. So, put your efforts only after your regular works and do not spend big time for bounties. This is just a defensive suggestions as per my experiences.

There are many campaigns are available these days even for newbies but you need to choose them based on time requirements. Social media campaigns with less time consuming might be helping you to earn crypto slowly. For example, you can participate multiple twitter campaigns of different bounty programs. This way you may maximize your earning whereas signature campaign participants can do only one at a time and newbies cannot do signature campaigns.

pokok_work

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Yes, I do

Actually in this forum very complete about crypto. my advice before joining the bounty or start promoting should look first at the string of scam accusations. don't join random bounty projects, promote scam projects just as you participate in fraud. I personally do more analysis before promoting a project, and that also needs to be remembered sometimes projects that seem potentially could also fail. the point of being a bounty hunter also depends on luck.

*Keep spirit broo Wink

Ucy

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Quote from: Cryptolico27 on February 12, 2020, 11:05:55 AM

Good Day Everyone......

Upon reading on various topic these past few days and referring to my friends advise to choose the correct bounty, i'm a little bit confuse on how can we identify they correct bounty campaign to join with? Are there any series of steps to identify if the project is fake or not? Do we have a checklist on how we can confirm if the project is going to be a fraud?

As a newbie like us, what can you recommend for us to get rid of those project since a lot of project begins to collapse since BTC is souring high again?

All you thoughts will be beneficial to us.

Regards.

Cryptolico27

I think filtering out bad projects will probably be based on community efforts on decentralized systems and also using acceptable crypto standards. I am not sure if there are agreed standard yet.
Some of my preferred standards for rating crypto projects would be viablity, sustainability, uniqueness, decentralization, usefulness, technical aspects, project simplicity, promotion/marketing, security, ease of use, permissionless/trustless, anonymity, transparency, immutablity etc.
Will not invest in centralized projects no matter how useful they are. Too risky in my opinion, unless you'll be willing to wait or hope for compensation if something bad happens to govt regulated projects.

NewRanger

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Quote from: terizla on February 16, 2020, 06:27:47 AM

Its difficult to find the right bounty for Newbie.
Better you need to rank up your rank first.
Because most of good bounty didn't accept newbie to join in their campaign.

because bounty manager or developer team thinking newbie have no significant influence to investors in cryptocurrency market. so they will prefer to pay high rank member that have many experience and also maybe has fund to invest in their projects from previous bounty reward. as we know much of bounty hunter now be investors in ICO or IEO, and even some of them become profesional trader now.

vermigerous

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Even promising projects can fail in the future, and some bounty campaign looks like a legit but it ia tottaly a scam and fraud team. Better know some of the fake team and staffs in order to refrain from joining scam projects.

TopTort777

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Try searching bounties, that are managed by professional managers. First take a look on BM profile, if he had managed lots of projects and they have sent rewards to hunters - that is first good point to join. Bounty managers care about their reputation and wont manage obvious scam. They are the first who evaluate the project for being scam (successful project - that is different, they cant really predict that).

But once again, good BM is only 1/3 of a success. 1/3 is the amount project collects during ico/ieo and other 1/3 is the team/product itself.

thiscomm

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I suggest you follow the bounty program found on platforms such as bountyhive.io there can be certain that most of the bounty programs there are honest programs. in this forum there are often bounty program offers, but often scams. I have participated in a program on bountyhive many times and everything has worked. the best step when on a bountyhive is that there are trace steps and the dateline program for the bounty. There is also a link to enter the telegram group of the developer of the bounty program, so you can ask the developer directly.

forexandcryptoauditor

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To participate in legit bounties, it's good if we join bounty managers group. Based on previous experiences, we can guarantee about the campains managed by him/her.
At the moment, even if a project is not scam there are chances of not getting rewards as some projects are failing to raise enough funds.

terizla

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Its difficult to find the right bounty for Newbie.
Better you need to rank up your rank first.
Because most of good bounty didn't accept newbie to join in their campaign.

XCANA

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I will be open to you. Project of this days aren't the same like before, they have different ways to get the gullible fall for their intended scam project. What I can assure is that, you must do a thorough investigation before chose the type of project you want to make investment with. In this industry, many have been scammed even when they carried out their own research into the project, so, whenever you want to invest into any project, ensure to invest what you can afford to loose in the process.

ned.ryerson

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follow a very simple way to choose a bounty. open the project - if there is no team specified then skip this project. if you opened a project and team members are listed there, open their social networks. if you do not like them - skip the project. these are the very first steps to choose a bounty campaign

Topic: How to choose the right bounty for Newbie? Get rid of fake/scam project - page 2. (Read 632 times)