Topic: How to know if Bounty is scam? - page 23. (Read 7533 times)
The thing is, you never can tell. So you just have to do it on good Faith. Another way to check is checking what the project is about. Do their idea make sense?. Are they doing ICO? Are the coins freely distributed ?. Answering these questions could somehow give you an insight to wat the project developers sense of mind is and whether the bounty is worth trying out.
scam is an overused word in this space. Most are just worthless
True. There is much bigger risk to participate in worthless bounty to participate in scam bounty.
Back on topic - the biggest factor in determining if project is a scam are team members. Do they have valid Linkedin profiles with lot of connections and recommendations? If Linkedin profiles are new with small number of connections that would be big red flag.
Some of them look very proffessional so sometimes it really hard to know if it’s a scam or not. I usually look their website, the team and the whitepaper.
Based on my own experiences, the bounty is a scam if there are not so much precise information and completion of the project while most legit bounties possesses good web designs, prompt answers in telegram, and daily social media updates. Legit bounties also shows and introduced the founders, team, developers and admins of the project. Scam bounties doesn't have much of these. SCAM bounties lack updates, responses, and whitepapers information.
There are many ways to find it. Look at their website and white paper first of all. Then you can look, are they reached their softcap. If they reached it, then it could be a good one. After you can check their hardcap. And if it happens, this is a bounty for you.
scam is an overused word in this space. Most are just worthless
I personally always read the whitepaper, roadmap and see the team that is on the project if I get all the information then I see the community on the telegram, and ask more about the product from the project and I'll only join projects that have real products
Everything relies upon the acumen of the individual who picks the abundance. On the off chance that he is gullible and has confidence in children's stories, at that point it is futile to break down. Then again, disappointment in the organization can occur with a lack of assets as it was with IronBlock https://bitcointalksearch.org/topic/bounty-ironblock-closed-did-not-collect-the-softcap-2521066. I don't know whether this circumstance ought to be viewed as a rubbish.
Majority of the bounties today are scams. Research and study the bounty project is not enough to verify if it is scam or not, you can ask various questions to them that will prove them that will not scam you and other participants.
I think in order to prevent participation in SCAM projects it is necessary to conduct our own analysis of ICO.
Ie it is necessary to get acquainted with the team of advisers and developers of the project, to study the road map and see the ratings of the project!
Ie it is necessary to get acquainted with the team of advisers and developers of the project, to study the road map and see the ratings of the project!
Treat all of them as a scam, never put any bet on bounties. You're lucky to earn at least something, none will make you a fortune unfortunatelly.
check with their official telegram ,talk with their admin
if they don't provide any telegram or so ,well that ico basically its a fraud
example for it ,lately i was doing a bounty for gcox and i come along with some other ppl claiming that they work for gcox dm me and offer me a better reward ,well first thing i do i go to their telegram and ask.In the end the official told me there are some scammers copycat and doing some fraud using their company name.
if they don't provide any telegram or so ,well that ico basically its a fraud
example for it ,lately i was doing a bounty for gcox and i come along with some other ppl claiming that they work for gcox dm me and offer me a better reward ,well first thing i do i go to their telegram and ask.In the end the official told me there are some scammers copycat and doing some fraud using their company name.
I just experienced it today, the project that I participated in for almost 1 month and waited almost 2 months for distribution until now there is no report, and only today my friend said that the bounty project was a scam. I'ts very difficult to see a bounty as a scam or not because many bounties that resemble real bounties will be very difficult.
This immediately can not be determined. We are deceived. First, developers write that they plan to raise a lot of money, they take a lot of money. And in fact, there is a scam
All things considered it is very hard to guarantee that abundance is a trick or not, but rather the primary concern we need to accept ought to draw in each abundance member for each undertaking is his group, In any venture that is viewed as fruitful and real ought to have a decent group, yet The following thing is paper The painstakingly composed white imparts the genuine goal of the task. At that point you can keep on seeing the undertaking's publicity. Since, con artists have by and large made the most ideal ICO venture as other genuine great endowments.
Firstly, to determine the fraud bounty, I will check the roadmap and their project to develop where it really is, then I will go to MXH to check how it works, if there are signs scam me will determine to remove it.
This is a very difficult question. Before choosing an ico, I carefully study what problem the project wants to solve and in what ways it wants to achieve a result.
But you can reading their whitepaper and maybe youtube videos go a long way in helping me but for me,bounties are tiring and its usually mostly referral based.
This is a very difficult question. Before choosing an ico, I carefully study what problem the project wants to solve and in what ways it wants to achieve a result.
How do you know if it is a scam? Because I have encountered a bounty that let me finish all the translations first and didn't respond to me after I have passed it. I hope bounties will not be like this anymore because they demand and we did our part but they didn't do theirs. I hope you could answer my question.
sorry if I deviate a little from your topic, to know bitcoin is a scam is quite difficult but I want to suggest that there are some important things that you need to research before you join the bounty:- The manager's reputation. If a manager is a newbie or something like that, proceed with extreme caution, unless it is clear that those account newbies are an official account from the team.
- The team. Avoid bounty of a project that does not have a great background on cryptos and etc. However, some good coins out there has an anonymous team, so this rule can not be applied to every condition.
- Funds, whether it is escrowed or not. Escrowed bounty is the one you should look for, however, there is not many out there.
although there are still many things to look for, but those three things are important enough to identify a scam bounty.
To know if a bounty is a scam is quite really hard if you're just going to look on their ANN. There are so many promising bounty which turn out to be a scam. To know whether or not it is a scam, you shpuld study the bounty itself, read everything about them. You can visit their website and see if it has full of efforts because good bounties provide a really good website. See if tge website is legit, if it is a .com or any legit/ paying website, because good websites pay for having a website. You can also check if their developers are really true person, sometimes scam bounties just created unidentified personnel for their bounty. See if the developers are legit. You can also read their whitepapers and the like. Just know everything about them and it is for you to decide whether they are a scam or not.
Jump to: