Topic: My take on DeFi bounties - page 8. (Read 1602 times)
Agreed, majority of those new bounty projects are here to cut their own half of the cake, DeFi is making waves and no one wants to be left out, still it's a must for bounty hunters to choose projects wisely, it's not new that most new bounty projects are scam, you have to do your own research on them first before promoting any project.
I agree with you nowadays many defi projects are coming in the market just because there is a craze of defi almost 90% of the project are scam and some of them have no real life solution some projects are in the market for accumulating cryptocurrency from the users I think we should do deeply research on projects before investing on them so atleast we can keep our money safe
He was not saying that if dego was the best defi bounty campaign this year but in fact that he might wanna say if dego was the best defi bounty at this moment. The best bounty for this year should be DIA.
What is the meaning of "best bounty"? If you consider the bounty with the most income in the amount of BTC, then believe me there is something greater than the bounty income in the DIA Bounty Campaign. It's just that they don't want to publish something that isn't profitable.
Bounty is about how to support the project, not about how to make money. Think of it as a bonus that you can get when contributing to the network, but if you know the ins and outs of the project in detail, and you are very sure that the project has great potential that will facilitate human work, then you are the best bounty participant and the manager is the best bounty manager.
Yeap, There are tons of DeFi bounty for now (Really much) And looks like most of them are scam, I'm basically still join some bounty with DeFi concept but doing deep research before that. Well it's just some hype, Let's wait till it become mainstream.
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Why can DEGO's Bounty be the best this year? Does the project have good collaborative partners and have very good developments this year? because I don't know much about the project myself.
He was not saying that if dego was the best defi bounty campaign this year but in fact that he might wanna say if dego was the best defi bounty at this moment. The best bounty for this year should be DIA. The project is still a new project and it doesn't have a lot of collaborations or even partnerships.
It looks like he was seeing it based on the how dego has already added into the good exchange site and it has very good volume at this moment.
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
Can't agree more. It is very tempting though to participate in all these DeFi-related bounties as we cannot identify which of these project will last long. Even in airdrops right now, like 95% of the airdrop offers are related to DeFi. A lot of my friends have been participating hoping to get some nice profit. I on the other hand have become too lazy to participate airdrops.
1. Why are almost all bounties released today DeFi projects?
Because Defi is the trend of 2020, many Defi projects appear and have created success so projects will appear continuously.2. Most of these projects have no information about team
( They are complete anonymous)
Don't invest in a project without team information, it's easy to be fooled.( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
I agree, many projects appear so quickly and unprofessionally they are just trying to capitalize on the Defi trend. 
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.
You are absolutely right. Rather I would say that 99% of projects are always scam in the altcoin bounty section.1. Why are almost all bounties released today DeFi projects?
Because these scammers want to make money by taking advantage of it.2. Most of these projects have no information about team
( They are complete anonymous)
Earlier many projects used fake team information, But right now I have seen many DeFi projects which do not have a team page on their website. Moreover, people invest in such projects and expect good profits.( They are complete anonymous)
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
Of course, there are some good projects here as well, as you have also given the names of some projects.
Let see what will happen when this event is not popular anymore, the DeFi project who just take a chance the situation will eventually end in zero value. Because at this situation we never know the real and the scam project, the bounty hunter just promote the bounty project blindly. Seem like this was happened in 2017 ago where the ICO's event getting popular. I heard some of my friend who got $2000 for one months pariode and for one project.
Defi became very popular in the last weeks and months, therefore there are a lot of imposters that want to board the the defi hype train with their own defi clone project.
Then some of those make a bounty and promise you like 500k$ worth of XX token in the bounty, but those 500k number is just based on a completely unrealistic valuation of their project.
Then most of those projects never make it to an exchange and all bounty hunters get nothign for their work.
Then some of those make a bounty and promise you like 500k$ worth of XX token in the bounty, but those 500k number is just based on a completely unrealistic valuation of their project.
Then most of those projects never make it to an exchange and all bounty hunters get nothign for their work.
They want a free promotion that's why they are promising unrealistic price of thier own created tokens . People that want to follow the hype will join that bounty thinking that they will be lucky if the project they are promoting is became successful but in reality they are only being use by greedy developer that only want to earn money .
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
Domains are also just recently registered for most of the projects that you are talking about which clearly indicates that these projects were built in a hurry and are only there for the scamming purposes and we won't be getting anything decent in return for the hard work that we would be doing in promoting these bounties, so it will be better for us to shift our time and energy towards other projects that are going to give us good and promising return not just smoke and mirrors that most of these projects are offering right now. 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
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?
Even if you don't have a proof nothing will think it's not true because I can feel it too that 99 percent of the DeFi project are scam.1. Why are almost all bounties released today DeFi projects?
It's like the ICO craze in 2017. Now DeFi project is the trend and of course scammers want to use this trend to scam.
2. Most of these projects have no information about team
( They are complete anonymous)
No information because some of the investors still invest even without information about team. But not all DeFi project that have information is not scam some of them is using fake information.( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
Some of their website even if rushed their website created nicely. So don't base on the design, base on your own research about the project.4. There are some that based on Uniswap wannabes
Uniswap because of the airdrops of UNI they want to use this to attract more bounty hunters
Suddenly almost all new project now are on decentralize finance, even those with no objectives and purpose also claims to be defi,
-anonymous team,
-no white paper,
-website very limited information,
-road map is very shot yet they claim to be defi, how do you present yourself as decentralize finance project when you hide much vital information!... in fact, the most vital information which is team profile information, if this information is hidden from the public it means you are not operating on a transparent level, which automatically signal a red flag to the project, well, enough have been said about all the upcoming defi project so i am sure people will do their due diligent.
-anonymous team,
-no white paper,
-website very limited information,
-road map is very shot yet they claim to be defi, how do you present yourself as decentralize finance project when you hide much vital information!... in fact, the most vital information which is team profile information, if this information is hidden from the public it means you are not operating on a transparent level, which automatically signal a red flag to the project, well, enough have been said about all the upcoming defi project so i am sure people will do their due diligent.
1. It's because as of now, it's popular and a lot of people are investing in DeFi projects, so they probably also want to join the hype
2. To remain inaccessible, especially when they have successfully carried out their plan on tricking people.
3. I agree with you OP, because some of it contains apparent mistakes, like grammar and spelling. Though there are some fake websites that copy the content of a legitimate website, to the point that you won't mistake it as a fake one because it includes all the details of the real website.
4. That's not new, and it will not disappear as long as plenty of people are interested and the reputation of some Defi is improving. They don't care if they are all using the same tactics because what matters to them is the possible profit. So, if you have an idea about the dissimilarity between a real and fake project, then you can clearly identify which one to invest. In addition, we can't just go with the flow with the trend; we need to examine everything.
2. To remain inaccessible, especially when they have successfully carried out their plan on tricking people.
3. I agree with you OP, because some of it contains apparent mistakes, like grammar and spelling. Though there are some fake websites that copy the content of a legitimate website, to the point that you won't mistake it as a fake one because it includes all the details of the real website.
4. That's not new, and it will not disappear as long as plenty of people are interested and the reputation of some Defi is improving. They don't care if they are all using the same tactics because what matters to them is the possible profit. So, if you have an idea about the dissimilarity between a real and fake project, then you can clearly identify which one to invest. In addition, we can't just go with the flow with the trend; we need to examine everything.
Defi became very popular in the last weeks and months, therefore there are a lot of imposters that want to board the the defi hype train with their own defi clone project.
Then some of those make a bounty and promise you like 500k$ worth of XX token in the bounty, but those 500k number is just based on a completely unrealistic valuation of their project.
Then most of those projects never make it to an exchange and all bounty hunters get nothign for their work.
Then some of those make a bounty and promise you like 500k$ worth of XX token in the bounty, but those 500k number is just based on a completely unrealistic valuation of their project.
Then most of those projects never make it to an exchange and all bounty hunters get nothign for their work.
That's all because of the current trend, when the trend last year was all about IEO, you can see most of the bounties appeared in the bounty section was IEO and most of them turned out to be a scam. Thankfully, unlike before, now we have some people who quickly post every potential scam in the Scams Accusation board where you will find some information about some scam attempt of some new bounty that appeared in the bounty section. Now because of this Defi trend, we are seeing bounties that are related to Defi which we don't really know if they really a real project or not. It's better to check first the Scams Accusation board before joining any bounty to prevent your time to be waste if you are new to this kind of job. you can go here to check: https://bitcointalk.org/index.php?board=83.0
defi projects are now becoming popular and not necessarily all defi projects are profitable like the bounty thing i see more defi bounty very much
and many also just cheat on bounty hunters be more careful before joining the bounty, Maybe for now best bounty DEGO and you can join in there
Why can DEGO's Bounty be the best this year? Does the project have good collaborative partners and have very good developments this year? because I don't know much about the project myself. and many also just cheat on bounty hunters be more careful before joining the bounty, Maybe for now best bounty DEGO and you can join in there
1. Why are almost all bounties released today DeFi projects?
This is the new flavor and favorites of majority. So its not shocking that most new projects will favor defi related. 2. Most of these projects have no information about team (They are complete anonymous)
This is because majority of them too are planning to do an exit scam which probably the case here. I know some of them might be legit but you can tell based on the product which one has really serious approach. Furthermore, thats the only thing we can observed. But I will not pick any new bounty at the moment considering that chances are all of them are scam.
Currently defi is like a wind of heaven that can double your investment in Crypto, in no time. so don't be surprised there will be a lot of fraud going on there. the higher the benefits, the greater the risk that is in it.
Yes, I agree with you, it looks like a lot of people who make the Defi project and give very sweet offers to attract all investors into their project after they get the benefit of everyone who invested in it then they disappear and just leave, or they give very long time to list their coin on the exchange, after that the price looks bad there and without everyone knowing, they didn't improve the market situation for their coin and they just left after getting huge profit from all investors. legendary
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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.
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
It should not around 99% but it must be less than it and the only legit bounty from the defi project was the dego finance bounty as the token has already traded on the MXC and uniswap. The rest have a very big chance to be the next scam bounties. 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
People must pay a lot of attention to how too choose the right project.
At least that percentage must be re-corrected again as it's not all defi bounty was scam and we must also talk based on the reality and data.
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