Scamming bounty participants is an unbelievable shady and sad move to despice the community. If the project will be launched and finally listed but not pay bounty, I consider a bounty scam the same way like a normal scam. The team has set up rules and if they don't respect them, the case is clear. They expect the same from bounty hunters so why should the team be treated in a special way?
No project can live without community and if projects start treating the community like that they'll have a dead coin very soon (and it's deserved).
Bounty business has completely gone mad while I've still the hope reliable projects take their chance to launch an outstanding campaign among all the other shady shitcoins. At least that wouldn't be difficult right now.
1 month from now, I will be posting a bounty that has a trait of scam. after we have finish promoting their project, they suddenly decide to conduct a KYC process which makes the bounty participants mad. they rush to close the KYC process just for 1 week. after 1 year they open the KYC form again and this time I already sent them my info. I have a total of 1.9 ETH of the rewards calculated by the current price today in the market. If they don't give me my due, after sending them the proof they asked for, I will name that project here in this thread. so you guys will see what kind of project I'm talking about.
Yes, KYC-Scams are the worst ones. First announcing that no KYC is required, the users join and after the bounty is closed it's announced that KYC is required because the lawyers "suddenly" notice it is necessary (or similar lies). The case is often very clear:
- save payment by weeding out users who won't submit their personal documents for a possibly worthless shitcoin
- or if the project is a scam it's an easy way to collect personal data by the scammers and commit fraud
In both cases the shitcoin devs are literally blackmailing all users to submit KYC or if they don't submit it they will receive no pay for work already done (according the rules). That's so shady, I can't eat as much as I want to puke.
Most likely they won't have the same number of users if they'd announced their shitty KYC before people joined.
If they don't give me my due, after sending them the proof they asked for, I will name that project here in this thread. so you guys will see what kind of project I'm talking about.
Feel free to post it here. We had some cases in the past where we put pressure on the devs to pay according to the rules without KYC. After their account was heavily tagged and flagged they started to get communicative.