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Topic: Kingcasino turned scam - page 3. (Read 780 times)

full member
Activity: 1130
Merit: 133
July 03, 2020, 09:51:33 AM
#54
so sad to hear kingcasino project be scam project only few moment after launched. i am just hope no one harmed in their money alot, and for bounty hunter we should take important lesson while analizing campaign, dont tempted on bounty allocation only but we have to analize all factor.
full member
Activity: 1736
Merit: 116
July 03, 2020, 09:14:52 AM
#53
We should learn to be mature, and don't blame entirely on the bounty detective as a bounty manager. Because sometimes it is difficult to
distinguish between real projects and fake projects. Therefore, it is better for each of us to carry out investigations and research to choose
a bounty campaign. Besides the bounty scams introduced by the bounty detective to my knowledge only Kingcasino. Naturally, if the bounty
detective failed to introduce bounty projects it is reasonable. Because a good bounty manager is not perfect.
legendary
Activity: 2478
Merit: 1492
July 03, 2020, 08:47:47 AM
#52
At first I thought that their telegram channel was hacked and someone just made a joke with that pinned post about scamming. Then I've checked their webpage and it was said it is also temporary suspended. Yesterday they announced stoppage due to covid-19.

Strange that they make this exit in such a way, instead of just announcing stoppage due to covid-19 and be silent.
member
Activity: 1274
Merit: 14
July 03, 2020, 08:26:59 AM
#51
Kingcasino, as many suspected, ended up being the most commonplace fraud. It is regrettable that the Bounty Detective team probably did not conduct serious research on this project, otherwise, they would not have taken it to work. Sorry for those who suffered from this.
member
Activity: 210
Merit: 14
July 03, 2020, 08:23:35 AM
#50
Bounty detective will get better in future, I think they still lack some experience when it comes to picking new projects, kingcasino shouldn't have been introduced by bounty detective, the project don't deserve the BM, it's all in the past now.
legendary
Activity: 1610
Merit: 1131
July 03, 2020, 08:15:44 AM
#49
 Thank God I did not join this fraudulent project, I was thinking about investing, but a friend’s advice made me give up on the idea. I am sorry for the investors who joined the initial launch of the project, so it will be a lesson to them so that they can choose the reliable project.
copper member
Activity: 994
Merit: 4
July 03, 2020, 08:12:11 AM
#48
This is so bad,scamming people of their hard earned money,no wonder when I saw the exchange for the initial exchange Offering I got turned off, imagine using P2pb2b for IEO, definitely it should tell us that they won't be successful, it's unfortunate bountydetective conducted the bounty for them, it's soly not his fault anyway
member
Activity: 882
Merit: 13
July 03, 2020, 08:10:11 AM
#47
Someone accused kingcasino as scam months back, I expected many bounty hunters to exit the campaign straight away but they must have thought its fake just like what happened to HEX bounty Campaign where many called scam project too, bounty manager is not to be blame, this is totally unavoidable
You are definitely right, Bounty Mangers has nothing to do with the projects being scam. Bounty Detective trusted the team and cooperated to promote it but certainly has no idea of what the team projects's plans and like what you said it is inevitable, even good bounty mangers fall into that kind of scheme.
full member
Activity: 1120
Merit: 101
July 03, 2020, 07:46:30 AM
#46
Being manager is a hard task to do, since your reputation is on risk but if you make a clear statement about it then I guess you'll not be totally liable if a project becomes a scam since you made a good communication with the team on the first place.

Any project right now can turn into a scam, so stop being complacent and start working hard without expecting big. If the bounty makes you profitable, then keep it up!
I once thought the projects held by the bounty detective manager were quite good. some have been proven to pay and are on the market. but not all projects will be successful. this reminds me of the amazix bounty manager team. early they appeared to have a big name. and several projects were also successful. but when many hold projects, they do not see the quality, and almost all end up scam.
full member
Activity: 646
Merit: 100
tozex.io
July 03, 2020, 07:38:23 AM
#46
So sad, these scammers wouldn't rest, it's a pity to those that invested their cash and time. Once I see these casino projects,I try to avoid them because most have not ended well, also I believe it's not the bounty manager's fault,it could happen to anyone even with all carefulness and research.
copper member
Activity: 966
Merit: 14
July 03, 2020, 07:42:16 AM
#45
This is another bad impression for the world of blockchain casino games or gambling platforms, because in time to come people will always be skeptical about investing in anything related to it. On the other hand, it is not the bounty managers fault as well because I believed he/she did his best to authenticate the project, just like he did for others which have been successful. Lastly, it can now be seen that, in addition to the bounty manager doing his best to verify a project, bounty hunters should also carryout their own due diligence to be on the safer side.
full member
Activity: 589
Merit: 102
July 03, 2020, 07:42:03 AM
#44
since they said they would do IEO on p2pb2b and Latoken. I was thinking if the Kingcasino project went wrong. it turns out that my hunch was right, for that, stay away from projects that do IEO on both exchanges.
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
July 03, 2020, 07:37:12 AM
#43
yeah, but i had read announcement theme at the beginning and gave up on bounty hunting, since there was a tone of alarming features in their announcement thread, like number of tokens minted and how much is included in bounty, while having high price per token, hunters should do basic analysis prior to joining bounty, otherwise they will be constantly failing the payment
full member
Activity: 1303
Merit: 128
July 03, 2020, 07:30:41 AM
#42
Being manager is a hard task to do, since your reputation is on risk but if you make a clear statement about it then I guess you'll not be totally liable if a project becomes a scam since you made a good communication with the team on the first place.

Any project right now can turn into a scam, so stop being complacent and start working hard without expecting big. If the bounty makes you profitable, then keep it up!
full member
Activity: 941
Merit: 100
July 03, 2020, 07:20:21 AM
#42
This is what happens when bounty hunters are too lazy to do research themselves, always want the bounty manager to do things for them, several weeks back it's been announced by a member on here that kingcasino is a scam project, I think it was in scam accusation thread or something, lack of research is why people fall for this scam project
if from the start you saw the components of the king casino project maybe you would not have thought the project would stop. all aspects that you will do to research this project look good. I don't think the bounty hunter would have guessed what happened to this project.
jr. member
Activity: 868
Merit: 1
July 03, 2020, 07:14:20 AM
#41
all gambling project they turn to scam thats why irealise now idont like to join campaign gamblings
member
Activity: 224
Merit: 28
July 03, 2020, 07:09:52 AM
#40
There is no way to turn this back, what is important right now is learning from this mistake so that you won't repeat the same mistake again, some comments said that the project was already accused as scam in the past, how did you miss this? It's all on you, next time be more careful around new projects
member
Activity: 406
Merit: 14
July 03, 2020, 06:34:14 AM
#39
This is what happens when bounty hunters are too lazy to do research themselves, always want the bounty manager to do things for them, several weeks back it's been announced by a member on here that kingcasino is a scam project, I think it was in scam accusation thread or something, lack of research is why people fall for this scam project
member
Activity: 490
Merit: 19
July 03, 2020, 06:15:26 AM
#38
Kingcasino never made that much money from p2pb2b exchange and Latoken, those who invested in the project got caught in the FOMO that they raised 21 million dollars which was never true, I believe that not many investors lose money on this scam because it's not hard to see that it's scam project
hero member
Activity: 1064
Merit: 639
July 03, 2020, 06:12:48 AM
#37
It's partly bounty manager fault. He should review thoroughly the project before he accept the job offer. Remember that he has an option to turn down the offer and yet he accept it with full responsibility. He should always think the safety of his bounty promoters before he get this job just like what other bounty managers do like ensuring the funds in case the project turn to scam. Legit project will accept that terms while scammer will automatically turn down that offer.
I agree with everything you say

PS: this is not the only project that he managed and turn to scam. Smiley
I had also joined some bounties of this group, I have not benefited from any of these bounties so far.
I tell you the truth, I was tired of doing the task of bounty but when the tokens were received, their rate was very low. For example, Basic token
However, my own thinking is that it is very difficult to find a legit project nowadays.
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