This is unfortunately all true and the scam ico/bounties are becoming more and more.
It has become really hard to find a good bountie/ico.
The number of bounties where you can really earn something is very small.
Topic: More and more Bounties turn out to be SCAM. - page 11. (Read 1034 times)
While it is very expedient that due diligence be done before engaging in bounties, sometimes I feel it's difficult to spot the scam while doing research. A project could tick all the right boxes for a good project and could still exit scam. It is also important to distinguish between scams and weak projects. That a project didn't do well at the exchange, doesn't necessarily imply it's a scam
We can avoid scam just by good research. In the old days for ICO not that much hard to raise funds. Last year market was in the uptrend only and ICO got too much advantage of that. Many tend to dive in ICO without research. After all, no one wants to invest time. Just need profit and profit. But things now changed. Market not like last year but since people yet not changed. Even after research also we can't catch the scam projects but still avoid the many scams. And save what we invest even money or time.
Choosing a good bounty campaign and not a SCAM is very difficult right now. Even a good project with real goals fails because the softcap has not been achieved. As a bountyhunter we must look at the project objectives and the teams that join in, whether we are sure to follow. and when we have chosen the bounty we want to promote, we must do it right so that the ICO project is able to reach Softcap and even Hardcap.
Well, yes, many projects are now scammers. But if you look closely, that is, good projects are hidden. We just need to study the projects, not all projects have refused bounty promotion.
More and more Bounties turn out to be SCAM.
In the years 2016-1917 the era of the ICO began, and the launch of projects was very different from what we see now. Much attention was paid to the promotion of the project in social networks and in all forums. To date, everything has changed. Advertising ICO in social networks is prohibited, and good projects are trying to find good investors themselves. Therefore, many projects refuse to conduct Bounty and Eidrody. Projects begin to carry out closed ICO (for example, ICO Telegram).
But many projects continue to use Bounty to attract investors. And on my vzdlyade 50-70% of these projects SCAM. The project plans to raise money and disappear with them. Therefore, they do not mind paying a small percentage of Bounty and Airdrop.
The conclusion from this is that the choice of Bounty for work should be very careful. Do not waste 20 weeks on an empty one.
Sorry for my English.
Yes, that's really true. So many scam ICOs right now, but i think that caused by too easy regulation and rules in making and publishing the project. For ICO project maybe need the new regulation to minimalize the scam project.In the years 2016-1917 the era of the ICO began, and the launch of projects was very different from what we see now. Much attention was paid to the promotion of the project in social networks and in all forums. To date, everything has changed. Advertising ICO in social networks is prohibited, and good projects are trying to find good investors themselves. Therefore, many projects refuse to conduct Bounty and Eidrody. Projects begin to carry out closed ICO (for example, ICO Telegram).
But many projects continue to use Bounty to attract investors. And on my vzdlyade 50-70% of these projects SCAM. The project plans to raise money and disappear with them. Therefore, they do not mind paying a small percentage of Bounty and Airdrop.
The conclusion from this is that the choice of Bounty for work should be very careful. Do not waste 20 weeks on an empty one.
Sorry for my English.
And for bounty hunters, never believe 100% with the project. You should always learn the background, roadmap and their whitepaper first. And then check the activity of their social media.
Yes that's true and this is a "Stern Warning" to all of us. Including ICO Investors and not just Bounty Hunters that due diligence must applied in doing Both ICO Investing or Bounty Hunting works. Because if the platform turn out to be a Scam. Both sides are losing in Investment(Money) and Sweat Equity.(Time and Effort).
Here's the Scam project: https://bitcointalksearch.org/topic/twitter-bounty-vintili-closed-5025296, in which I participated. One thing pleases that generosity should have been two weeks.
The easiest thing to avoid in this crypto space is fraudulent activities but we neglect the obvious task and gamble
Before participating in bounties or any icos, there is need to have intense first hand information about the project , their product and what they offer to the society, the team, roadmaps amongst other functions
Don’t just hop into bounties gambling
Work for it
Do your own research
Before participating in bounties or any icos, there is need to have intense first hand information about the project , their product and what they offer to the society, the team, roadmaps amongst other functions
Don’t just hop into bounties gambling
Work for it
Do your own research
At that time the number of ico was not as much as now, and don't forget that crypto prices is very high, many ico projects easily reach softcap and even hardcap can be achieved, the bounty hunter payment is high automatically, because the payment is based on the number of tokens sold
The project plans to raise money and disappear with them. Therefore, they do not mind paying a small percentage of Bounty and Airdrop.
They not always planing to raise funds and run away, because many ico have failed because they can't reach softcap, eventually the developer returns funds from investors and bounty hunters who lose because they don't get paid from their workThe conclusion from this is that the choice of Bounty for work should be very careful. Do not waste 20 weeks on an empty one.
Totally agree with you, the bounty hunter must really choose a really good project, so there are still income from bounty hunting 
the current era is too many ico spread all over the world because that is very difficult to know ico & bounty which is potential for us to invest and hunt prizes in the bounty campaign, hopefully there will be a system that is able to select ico.
Selecting those ICO should be in strong and vigilant resources, because as I've noticed most of the projects right now weren't able to become transparent to investors. Upon observations on some platforms, they've been showing up their progress on their website particular on the pre-sale and main sale fund collected. With that strategy, investors and bounty hunters will continue to support the project and yet more new interested people will be wiling to have engagement for the project.
Yes this year there are too many scam bounty in the market more than past years. The reason for this is that the projects that make ico are more than last year. And unfortunately many of these projects are scam. The other reason is when the projects that make ico can not find enough resources than these projects are cancel. Unfortunately, they don't send token in the bountyhunters when the project is canceled. For these two reasons, the number of bounty that do not send token is increasing every day.
a scam in the sense that it doesn't have valuable value or do you think that the price isn't right? At this time there may be quite a lot of ICO who have less good results and generate worthless tokens if like this you have to be smarter in choosing a project to follow
It is absolutely true that many bounties prove to be failures, but I do not think the intentions were bad or fraudulent.
Quite simply, many people have thought that starting an ICO is a simple method of collecting money and they started without sufficient expertise.
So, not so much scam as incapacity.
Quite simply, many people have thought that starting an ICO is a simple method of collecting money and they started without sufficient expertise.
So, not so much scam as incapacity.
more scam bounties may be because the ico project failed, did not get enough funds to continue the project. as a bounty hunter, you have to be smarter in choosing projects to be promoted so you can get a payment from your work.
the current era is too many ico spread all over the world because that is very difficult to know ico & bounty which is potential for us to invest and hunt prizes in the bounty campaign, hopefully there will be a system that is able to select ico.
I don't know how the first bounty project run but I have a friend who know first about bounty and they said payment of the bounty not as much as the first they get. Sometimes bounty stoped in the middle of the road project beacuse not reached softcap and also sometimes we get trash. Iam newbie and I have yet get first payment of what I'm doing,hopefully in the future the bounty hunter get paid a proportion of his hard work.
Yes it is ! But we can't say totally that most of them are scam , some of them are successful on launching the ICOs that's we bounty hunters are always saying that those bounties where we had not paid are scam. Remember that the outcome of the bounty campaign still depends on it's ICO.
Yes, there are now quite a number of fraudulent ICO projects, and so are the bounty scams attached, so we should be careful in choosing the bounty to do, if the wrong project is choosen or cheated. We will lose time and effort
Absolutely agree with you. Now it is difficult to distinguish good ICO from SCAM. Scammers keep pace with the times.
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