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Topic: More and more Scam projects - page 3. (Read 26067 times)

member
Activity: 392
Merit: 10
January 10, 2019, 06:15:20 PM
The cryptocurrency industry has changed a lot. But I think that now there are still so many reliable and promising projects. We need to be more picky when choosing a project.
jr. member
Activity: 262
Merit: 2
January 10, 2019, 06:13:55 PM
You just have to keep doing what you can and learn from the previous ones who seems to be scam and keep on doing enough bounty like I said because you never know which one of them will be the one you have been dreaming of in doing bounty.
member
Activity: 462
Merit: 10
January 10, 2019, 05:43:12 PM
Yes, now it is very difficult to find a quality project. But I hope that the cryptocurrency industry will improve in 2019.
sr. member
Activity: 472
Merit: 250
January 10, 2019, 04:58:59 PM
Unfortunately now present alot scam project! in 2018 i was participated in one "good" project-scam. its was so sad. 3 months of work and nothing rewards. so need be more careful now, search project with attention and find more information about team. Hope soon will arrive some law which can regular cryptocurrency and maybe in this way will be less scam project.
hero member
Activity: 886
Merit: 510
January 10, 2019, 03:51:01 PM
I think any sane dev team with a decent idea knows that if they have their ICO in a market like this, they will hardly reach their cap, and even if they do they'll have to face an angry community when it hits the exchanges with less than ICO prices. So it's better for them to wait for the market sentiment to change before they make their move.

That leaves the space open for who? That's right! Scammers and small time projects. Do they care about their bounty participants or pay them? Probably not...  Sad

Things will get better again. Be patient.
sr. member
Activity: 470
Merit: 250
January 10, 2019, 03:28:42 PM
Guys, faced with the project, took part in the bounty, the result of Scam. Took part in another bounty company, there ICO ended more than a month ago, and the payment has not yet been the bounty Manager is silent...Apparently this year's bad in respect of ICO projects.
Only 1 of 10 projects that I participated in bounty was scam. So if you will do deep research and will not join in doubtful bounty campaigns you will secure youself.
full member
Activity: 1064
Merit: 110
January 10, 2019, 03:27:39 PM
The worst thing is that by the year 2018, many people still come across scam projects and believe them. I think this is the main reason why the number of such projects does not decrease, but grows.
member
Activity: 336
Merit: 10
Proof-of-Stake Blockchain Network
January 10, 2019, 03:19:51 PM
It is important the cryptocurrency space is regulated so that team will not take advantage of investors and bounty participants, it is frustrating to work for a long period of time without receiving any reward.

It is necessary to establish general rules for conducting ICO new projects. So that the money sent by investors was blocked and until there was confirmation of the project’s readiness, the developers could not take it away.
This mechanism would help get rid of the scam.
jr. member
Activity: 672
Merit: 1
January 10, 2019, 03:15:17 PM
It is pretty difficult knowing which project is for real and the ones that will be scam. I think as more rubbish programs are flooding the bounty ecosystem it becomes increasingly important that investors a d bounty hunters alike should do their due diligence before dropping their money a d energy into any project
member
Activity: 392
Merit: 10
January 10, 2019, 03:08:11 PM
A project that is not ready to provide information about the team is definitely a Scam. When you invest your own money in a project you need to understand who you are sending money to. I believe that the ICO team should pass KYC.

I agree at the moment, the open command is one step towards a successful ico , I think it is very important to the team saw everything , and could know where she lives , as many cases of theft of money and so it is possible to present a person
member
Activity: 532
Merit: 10
January 10, 2019, 02:49:51 PM
This is quite a natural result that this year after a long bearish trend the situation regarding the bounty will be completely not as positive as it was a year ago, you need to very carefully select projects before deciding whether to spend the months of your time on this work. Therefore, our responsibility in this regard is now much more than before.
hero member
Activity: 938
Merit: 501
January 10, 2019, 02:44:42 PM
There are people who use their mind only for doing bad things all the time. So i’m not surprised when i see there are many scam projects in crypto market. Some of them disappears and they don’t give any bounty tokens to the participants. So we should do a good research, the reliality of the team is very important. And the rest is all about luck.
member
Activity: 378
Merit: 11
January 10, 2019, 02:21:18 PM
It is important the cryptocurrency space is regulated so that team will not take advantage of investors and bounty participants, it is frustrating to work for a long period of time without receiving any reward.

For this, it is necessary that the team itself could invest its funds in the development of the project and make at least a sample of the finished product. And only then bring the project to ISO and collect investors' money for the development of the main project.
sr. member
Activity: 1372
Merit: 348
January 10, 2019, 01:42:01 PM
Most of the projects today fail because of the current status of the market but it doesn't mean that all of them are scam projects. These ICO projects lack funds and didn't even reached the soft cap because most of the investors were so afraid to invest in them. But I cannot deny that due to the popularity of cryptocurrency and the great possibility to get rich instantly were the reasons why scammers started to use it for their own good. So we better analyze carefully the projects that we want to invest and support.
member
Activity: 464
Merit: 10
January 10, 2019, 01:11:25 PM
Guys, faced with the project, took part in the bounty, the result of Scam. Took part in another bounty company, there ICO ended more than a month ago, and the payment has not yet been the bounty Manager is silent...Apparently this year's bad in respect of ICO projects.
A lot of the ICO scam has appeared this year. So we need to find out carefully before joining an ICO. learn about the potential, ICO control team, their value ... there are still many potential iCOs that have attracted large investment although the market is very bad at this time. So think carefully before investing your money and effort
sr. member
Activity: 714
Merit: 253
January 10, 2019, 12:45:20 PM
A project that is not ready to provide information about the team is definitely a Scam. When you invest your own money in a project you need to understand who you are sending money to. I believe that the ICO team should pass KYC.
jr. member
Activity: 182
Merit: 2
January 10, 2019, 12:44:55 PM
yeah its happened, but some ICO like morpheus lab ( MITX) and docademic (MTC) its success and paid bounty hunter,,, be patient and do more research

Exactly, everyone should try to put a little more effort into making findings and research about the projects they want participate in or invest on, there a little less of people being scammed financially or interms of work done for the project.
member
Activity: 207
Merit: 11
January 10, 2019, 12:43:58 PM
This is the best evidence of the decline of Ethereum.
The abuse of ICO has caused countless scammers to get rich overnight. So the cryptocurrency market in the next 1-2 years will be very bad until the scammers disappear and the cryptocurrency will recover.
Scammers will never disappear. They will always be around us but with other shapes, and look for opportunities to scam us again. We need to be careful in new projects that appear now
full member
Activity: 822
Merit: 100
January 10, 2019, 12:41:27 PM
It is important the cryptocurrency space is regulated so that team will not take advantage of investors and bounty participants, it is frustrating to work for a long period of time without receiving any reward.
full member
Activity: 1176
Merit: 100
Vave.com
January 10, 2019, 12:29:17 PM
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