Topic: My take on DeFi bounties - page 2. (Read 1611 times)
This is what I thought, Defi is a good concept. Unfortunately, many projects don't seem so serious about building the Defi concept. Which of these raises its own prejudice for crypto members that the Defi project is used by developers who are not serious and just want profit or a scam. From what I saw in the initial appearance of the project, I thought that a scam project that used the Defi concept was easy to identify with.
It's good that you notice it, as you can see the Defi projects are in hype right now that is also the main reason why there are plenty of projects that are popping up from nowhere.
So as a fellow bounty hunter, it will be good if we will be wise in supporting any bounty campaigns and it will be good if we will do some background check also before we will start supporting a certain project.
So as a fellow bounty hunter, it will be good if we will be wise in supporting any bounty campaigns and it will be good if we will do some background check also before we will start supporting a certain project.
just like when the ICO and IEO goes hype. the scam projects are everywhere. it goes the same way with DeFi now. there are so many projects that have abandoned by the team. they just robbed the investors money.
I've had enough with new projects, my advice is never rely on any, just try your luck with little money you can afford to throw away and as a bounty hunter do some research and hope or pray for luck, every new developers I see are money grabbers, they only rush up their projects to take advantage of newbies
Defi is the fashion of 2020 in cryptocurrency and it is obvious that as you see some good brands come in some fake one come too, to abuse the name of Defi and get some money by scams when everyone is excited about Defi, especially Newbies, The best way to avoid Defi scam is to follow famous influencers on youtube and for bounties, just join to bounties running by good bounty managers.
Can you name some famous influencer names? Maybe I can follow their advice in choosing a project. Because I can't tell the difference between a scam and legit projects. So I need advice from famous influencers
Most DeFi Project these days are bullshits but you can easily know the real ones as you have said, mainly seeing some project website, you will know its scam. I compare most projects and I look at the bounty manager reputation or check for recommendations before joining. There are Great DeFi bounties out there but more than 90% are scams.
You are saying fact
You are saying fact
It's good that you notice it, as you can see the Defi projects are in hype right now that is also the main reason why there are plenty of projects that are popping up from nowhere.
So as a fellow bounty hunter, it will be good if we will be wise in supporting any bounty campaigns and it will be good if we will do some background check also before we will start supporting a certain project.
So as a fellow bounty hunter, it will be good if we will be wise in supporting any bounty campaigns and it will be good if we will do some background check also before we will start supporting a certain project.
If you say about defi, isn't it that most of the bounty projects are scams.
So it sounds a little exaggerated when you say it like that.
I am also sure that everyone who has been following the bounty for more than 1 year already knows and understands how to get a bounty that can pay, distinguishing good and bad projects, although not completely accurate but can be calculated and calculated to join.
So it sounds a little exaggerated when you say it like that.
I am also sure that everyone who has been following the bounty for more than 1 year already knows and understands how to get a bounty that can pay, distinguishing good and bad projects, although not completely accurate but can be calculated and calculated to join.
Defi is the fashion of 2020 in cryptocurrency and it is obvious that as you see some good brands come in some fake one come too, to abuse the name of Defi and get some money by scams when everyone is excited about Defi, especially Newbies, The best way to avoid Defi scam is to follow famous influencers on youtube and for bounties, just join to bounties running by good bounty managers.
Can you name some famous influencer names? Maybe I can follow their advice in choosing a project. Because I can't tell the difference between a scam and legit projects. So I need advice from famous influencers
I think tha's not true if you say 99%, i saw some of them is legit, but again ofcourse a lot of people that trying to scam will always hiding behind the trends to get attention so they can get chance to scam
Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.
1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes
You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research
1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes
You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research
1. Because this is modern now. Like ICOs were 5-3 years ago, the IEO, etc.
2. Because most are copy/paste tries to make some quick money
3. They are rushed because of FOMO.
4. Check 2
Still, there are some decent takeoffs.
I absolutely agree with the author of the topic regarding the claims that most new projects are scams. Everything is repeated again. Those who suffered from such scams in 2017-2018 would never invest in these new projects. But it seems that many people learned nothing from those events.
I think you are so smart,i am totally agree what you say.The reason that so much scam DEFI project i take for this DEFI trend is the biggest factor.Scammers are not stupid,they know to take advantage of DEFI heat.The real DEFI is good,what we can do is opening our eyes and doing extremely research before take part in bounty.
Scammers will of course take advantage of the popularity of the DeFi project. as you said, now many projects have ended up being scams. we have to be careful in choosing the projects we support. especially in airdrops, now many people make fake coins that promise they will soon be traded on the DEX exchange. 
List of current potential Defi project bounties:
- DIA, the distribution of the first phase has been completed from a total of 3 phases.
- Dego Finance, distribution before 24 October
- Dfinance, distribution 2 months after mainnet on November 16th
- Oikos, successful bounty round 1 and bounty round 2 distribution seems dubious because it was not as scheduled.
So far only 4 Defi projects have been recommended and they are proven to be developing real products from the many defi projects on the bounties board.
Why they ban members on oikos telegram that ask when is the distribution. And another person send a pic of what the team said about when is the distribution and sadly they also ban him. - DIA, the distribution of the first phase has been completed from a total of 3 phases.
- Dego Finance, distribution before 24 October
- Dfinance, distribution 2 months after mainnet on November 16th
- Oikos, successful bounty round 1 and bounty round 2 distribution seems dubious because it was not as scheduled.
So far only 4 Defi projects have been recommended and they are proven to be developing real products from the many defi projects on the bounties board.
I think you are so smart,i am totally agree what you say.The reason that so much scam DEFI project i take for this DEFI trend is the biggest factor.Scammers are not stupid,they know to take advantage of DEFI heat.The real DEFI is good,what we can do is opening our eyes and doing extremely research before take part in bounty.
Because of defi hyip scammers doing this. They always try to scam with trendy topics. Actually the same situation was in 2017. That time ICO was over hyped and scammers took the chance. Same thing happening right now. Also they don’t reveal the team members information. They are telling because of decentralization they are doing this. Everyone should be careful about defi.
In any market, scammers will always appear and no one can change this. not only in the cryptocurrency market, scammers become active when a hype occurs, but also in any other market. Therefore, everyone should become professional and stay away from scammers.
Because of defi hyip scammers doing this. They always try to scam with trendy topics. Actually the same situation was in 2017. That time ICO was over hyped and scammers took the chance. Same thing happening right now. Also they don’t reveal the team members information. They are telling because of decentralization they are doing this. Everyone should be careful about defi.
In any market, scammers will always appear and no one can change this. not only in the cryptocurrency market, scammers become active when a hype occurs, but also in any other market. Therefore, everyone should become professional and stay away from scammers. 
Because of defi hyip scammers doing this. They always try to scam with trendy topics. Actually the same situation was in 2017. That time ICO was over hyped and scammers took the chance. Same thing happening right now. Also they don’t reveal the team members information. They are telling because of decentralization they are doing this. Everyone should be careful about defi.
Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.
1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes
You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research
1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes
You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research
You are not far from the truth, that is just the whole truth. From my own opinion, I think the reason why most people rush all the DeFi bounties without bothering about checking how true they are is because of the DeFi hype. The current trend now is Defi and since that has lead to massive growth recently, people now see DeFi projects as the best even though the team are anonymous and might have nothing to offer. To add to it, once Uniswap listing is confirmed, no one cares about due diligence but to participate and get their own share.
Just like you indicated, there is no doubt, there are good DeFi projects but one should be careful of the majority out there which are only using DeFi hype etc to achieve their aims of satisfying themselves.
Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.
1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes
You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research
Yes, initially i was also attracted to a lot of new defi projects and campaigns but unfortunately most of them ended up being exit scams or the team rug pulled after receiving the funds in a fake tokensale so they are just taking advantage of the uniswap and decentralized ecosystem i hope measures would be taken to stop fake and scam projects. 1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes
You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research
List of current potential Defi project bounties:
- DIA, the distribution of the first phase has been completed from a total of 3 phases.
- Dego Finance, distribution before 24 October
- Dfinance, distribution 2 months after mainnet on November 16th
- Oikos, successful bounty round 1 and bounty round 2 distribution seems dubious because it was not as scheduled.
So far only 4 Defi projects have been recommended and they are proven to be developing real products from the many defi projects on the bounties board.
- DIA, the distribution of the first phase has been completed from a total of 3 phases.
- Dego Finance, distribution before 24 October
- Dfinance, distribution 2 months after mainnet on November 16th
- Oikos, successful bounty round 1 and bounty round 2 distribution seems dubious because it was not as scheduled.
So far only 4 Defi projects have been recommended and they are proven to be developing real products from the many defi projects on the bounties board.
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