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Topic: It is hard to detect scammed bounty campaign.. - page 38. (Read 37281 times)

member
Activity: 322
Merit: 10
There is no need to detect this. almost all of the current projects are garbage. It is more logical to investigate which project is more robust at the moment. They are very easy to find because they are very few.
legendary
Activity: 1652
Merit: 1057
Bounty become scam if the main project for which you are doing the bounty has been abandoned due to some one or two reasons. With this, i dont blame the manager if he is not part of the team. But if the manager is from the team, then he can be blamed. Although there are projects with scam intentions, most projects are abandoned for financial or legal reasons.
I noticed while reading through the thread that a lot of people do consider a bounty scam because they did not get paid even though the project did not actually meet its cap. The thing is that is one of the risks of trying to do an ICO bounty as most of the time the project ICO may end up successful or not.

Although, it is by checking what is important in the first place with respect to the project future such as product and team that would make the possibility of not being part of a scam there or the ICO not being successful something that would be impossible.
member
Activity: 217
Merit: 17
Actually it is not hard to detect whether a bounty campaigns are scam or not. It is matter of observations and analytical thinking, if the bounty manager is not updating in their telegram bounty's channel, not updating in social media site and not calculating the weekly stakes of participants in the spreadsheet, then it is the time that you are going to quit in their bounty campaigns.
legendary
Activity: 1512
Merit: 1041
I agree with you. Very often, it would seem, popular projects, they collect a lot of money, they have a lot of bounty participants, I think that it will make a profit, but, alas, the price goes down. Conversely, it would seem that at first glance the not-so-crazy pro-ket gives a very large growth. It's like a lottery, I think
The price of a project going down is not a problem of the team but those who are dumping their coin and surely you cannot expect them not to take a chill pill and see how that goes before coming in for a buy back. It is left for you to hold if you believe in the project than panic because of some drop in value which to me is even a very good way to increase your stash for the future.

When it comes to scam projects, it is the same way an investor will do proper diligence to detect one is the same way bounty hunters will also do to detect, but we all know most bounty hunters are lazy when it comes to that, since they have nothing much to lose anyway.
member
Activity: 644
Merit: 10
Yes indeed it's really hard. Some projects are really good at convincing investors to invest in their project. They have this marketing stuff to make the project legit. And claiming they already hit the soft cap to lure more investors. Then after sometime they vanished and their website was taken down. Look for a reliable and trusted bounty manager when participating in bounty program. The likes of yahoo, huahui, pinkman and Tyler's bounty campaigns.
sr. member
Activity: 644
Merit: 299
In my opinion, it is hard to detect if a bounty is a scam if you rely on the information given by the banner, advertisement, and any eye and ears informations. Mostly scammers would know that we rely on those two senses the most. To counter it, i believe you must put effort to know it, like searching if the admins or person handling the token are real and legit. Searching other information if it is real could help you clear out if it is a scam.
Actually, only a dumb person will rely on all those to be a part of a bounty. There is nothing hard here, in as much as any bounty person see themselves as an investor, every step an investor will take to be sure he or she is investing in a quality project can be taken as well for those doing bounty campaign. I feel it is laziness that makes a lot of people to just join whatever they feel like since they feel there is no need doing diligence and in that case, what else should be expected. It is always better to take the time to scrutinize and be a part of quality projects and get the best of it, than just join everything that is seen.
full member
Activity: 602
Merit: 100
It is really hard to detect scammed bounty campaign.  After completing all the requirements to be able to get accepted in a bounty campaign, spending much time to participate in forums and not to mention carrying their banners, completing all the tasks and reports then all of a sudden you will just find out that you have been scammed already.  luckily I am not the only one but to think all participants did the same efforts as well as you did.  But it is really happening, lesson learned and could be just charge it to experience and move on.  If we could only find out at early stage if we were in to scam or a legit bounty campaign.  Who would really know anyway?
To choose a good bounty campaign that fulfills all its obligations is really very difficult, but all the information that should be taken into account for its selection is already on this forum, just give it your time. Good luck.
full member
Activity: 434
Merit: 100
In my opinion, it is hard to detect if a bounty is a scam if you rely on the information given by the banner, advertisement, and any eye and ears informations. Mostly scammers would know that we rely on those two senses the most. To counter it, i believe you must put effort to know it, like searching if the admins or person handling the token are real and legit. Searching other information if it is real could help you clear out if it is a scam.
jr. member
Activity: 266
Merit: 1
Yes, I think it's very difficult to determine the scams. They do everything looking  normal. Nothing can show that it's scam. When the campaign  end, they disappear quickly. That's you wont see them again.
full member
Activity: 1624
Merit: 163
It really is. It sucks that we can't separate those scam projects to those who are legit and will really pay. Even if we read their whitepaper, research about their backgrounds, know everything about them, it's still hard to determine whether they are scam or will succeed in the future. It's sad that this kind of scheme are getting out of hands and people who did this are getting away with this. A lot of time and effort of bounty hunters are getting wasted, not to mention the money that investors invest. Let's just hope that this lessens when a regulation took place.
newbie
Activity: 74
Merit: 0
You just have to do your due diligence and research on the project before you join, nothing less than 4.0 bench mark score in rating.
member
Activity: 434
Merit: 18
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
No one can really tell if bounty will end up being a scam. Even the best managers on this forum are getting scammed so as their participants. I believe that its not the bounty managers fault when the bounty ended up being a scam. They are the same boat as the participants and they are not getting paid as well. No matter how good the whitepapers are, if they want to scam people, they can do that. What I am doing is to join a bounty that I believed in and live up with the results. If its a scam, I just move on and proceed with the next bounty. It is what it is.
sr. member
Activity: 1106
Merit: 250
Vave.com - Crypto Casino
I think it is very difficult to find that bounty campaign is scam. To avoid scam project you should follow trusted manager on this forum (but it not work 100 times). You can chose bounty campaign your won experience, you can follow your friends also,you can look the team member of the bounty campaign that can help you lot.
member
Activity: 378
Merit: 16
It is really hard to detect scammed bounty campaign.  After completing all the requirements to be able to get accepted in a bounty campaign, spending much time to participate in forums and not to mention carrying their banners, completing all the tasks and reports then all of a sudden you will just find out that you have been scammed already.  luckily I am not the only one but to think all participants did the same efforts as well as you did.  But it is really happening, lesson learned and could be just charge it to experience and move on.  If we could only find out at early stage if we were in to scam or a legit bounty campaign.  Who would really know anyway?

You only need some tools to verify if the bounty is a scam or not. One of the reliable tools I use to check if the bounty is a scam is LinkedIN. Try to search every member of the team in LinkedIN, you will see there if the profile of a member especially the CEO of the project. It is easy to detect if the profile is fake or not, you can also try to use google when searching their names. If you think that the profile is fake, possible that the ICO is a scam. Try to avoid it.
member
Activity: 252
Merit: 12
Its not hard but if your not looking into teams and not making any research or if your not reading whitepaper you will never notice that it was just copy paste. they are good in making it looks like legit so please read and research.
sr. member
Activity: 882
Merit: 403
To choose a bounty compaign, I advise you to look at the status of the manager on this forum. The higher the status, the more reliable. This does not give a 100% guarantee, but most of the scams come from managers with the status of Newbie.

See the ICO rating on sites such as ICOBench and others. Do not join companies with a rating below 60% (3.5 on ICOBench).

Do not join the company from any managers from Amazix.

P.S. In choosing a bounty, this free table can help you: https://docs.google.com/spreadsheets/d/19fLkDCH0E4uOrYlgqAVixmCIOGupLl8cLRlwttvXsT8/edit#gid=0


Yup, I agree with you, the rating of the managers that handle any bounty campaign is a good thing to take into consideration before joining but it does not give guarantees which is why further research about the developers and how common or rare the concept of the project is is also very vital in choosing the right county campaigns(at least that's what I think and do).
member
Activity: 616
Merit: 11
TRADE WITH NEGATIVE FEES
Yes, very true and its very sad also. That’s why I only choose those projects that have advertisement in Facebook and is sponsored, its somehow not scam right? Since they really paid just to advertise their coin.But I think also not all promoted advertisements are legit but at least not all are scam.
member
Activity: 252
Merit: 14
Marketplace for sensor data
I agree with your opinion because it is difficult to recognize phishing scams unless you invest in that project. Even that ICO campaign has the potential to sell a lot of Token, but it can not confirm whether the campaign is fraudulent. So that you should investigate about ICO projects before joining.
hero member
Activity: 1080
Merit: 500
To choose a good bounty company, you should first choose a good project, which is now holding an ICO. To do this, you need to read the website of the project, look at the managers of this project and read the white paper.
jr. member
Activity: 238
Merit: 1
Looking at the uncountable number of bounties on the forum, it is at times not all that easy to fish out projects that are scam and those that are anti-scam. Mostly I look at the team members and the roadmaps. More times too, I look at the bounty manager, his rank and the reputation of the manager. I also consider the number of participants who are patronizing the campaign. Are there other criteria to consider?
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