Topic: Newbies and their Bounty scams (Read 330 times)

And as you can see, most of their participants are indeed an army of newbies. It was a sign of a possible exit scam and discontinue of the campaign.
Literally, considering a newbie account running a campaign is hard to trust and it was simple;
 - they don't have a reputation
 - no experience
 - it derailed the past scenario where many newbies accounts are known as scammers

We can't afford to lose our time joining them that is why we have to be too vigilant enough and never get fooled with big rewards, we'd rather be sure of what we participated with.

Still now Many Newbies Launch Bounty But Almost 95% scam.
Be carefully working New bounty we need to ignore newbies bounty of course. Otherwise we will not get any reward. So First Research Bounty Then Join and Working. I request Everyone

I agree that these companies prefer to manage their own bounty campaign and that will not make them scam projects, bounty campaigns in the altcoin bounty section opted not to pay using Bitcoin they prefer to pay with their token because of lack of budget, and if the project turns out to be a good project, then bounty hunters will make a profit.

And about the blue and green on OP's post, it's a big sore to the eyes, posters should stop posting like this I prefer to see the text in a bold format than having it multi-colored.

Using a newbie account is a playing safe strategy. They don't care about losing their reputation in the case that the bounty they have manages turns into a scam. That is why every time a newbie account runs any campaign in the forum the participants ask for an escrow to get assurance that they will get something at the end. Otherwise, nobody will take and waste their time promoting scam projects and questionable payments.

Bounty manager has a big role in running campaign and so it was important to see their portfolio and their job history, or else they still be considered as newbie in this management field.

Their purpose is clear, they want to attract a lot of people to join the scams. Not everyone is very careful to analyze a new project, some can be careless and don't know how to identify scams. By launching campaigns on the forum, they expect to drag many careless investors. Although sometimes we think everyone should be smarter because this scheme has happened many times. But not everyone is an old member or know crypto for a long time, some people may be real beginners who don't understand the scam traps.

I know not only newbie rank always manage scam bounties, but my question is how will a newbie that's just joining the forum knows about bounty management?
To me any newbie that's managing bounty is having alternative accounts which is highly ranked, maybe they dont trust the project that's why they have created another account just to use it to manage bounty, they don't want anything that will spoil their reputation on the forum. Because I don't think anybody thats just joining the forum will know how to manage a bounty.

A BM account is a newbie doesn't mean it's a scam. Sometimes a project doesn't hire any BM from the forum and managers their campaign on their own. Sometimes they do buy copper membership but sometimes they don't. Actually, a BM account needs rank to show project-related images in their project announcement post and bounty campaign post.

If you look at the name of the BM account and project name then you can see most of them are managed by the project team itself. But I also agree about most of the bounty managed by a newbie is a scam or very low-budget project.

I dont know why some newbie bounty managers are launching scam campaigns, Everytime I noticed a bounty campaign with huge rewards I always ask the official admins in tg if those bounty are real but most of them are scam, I dont know the reason why they are doing this just wasting time launching a campaign.   

There are too many to mention I guess OP but this is really the fact, everyone is welcome and they are also welcome to make business here. It is up to us if we make a deal and joined their bounties as perhaps it was our own discretion, we can decline and ignore them if we like. But because many are greedy, they eventually make this forum a tool to scam these greedy individuals. We have been in battling this for many years, however, it found no solution to totally stop them,  they still exist and they can still scam people despite the awareness.

If seen from their name, the bounty is managed by their project team itself. It is normal if a new project will manage the bounty campaign by themselves. Of course, they do have not any experience because they only manage their project only.
Actually,  this is not really a problem if a newbie account managed it, additionally, at least they use Copper members to add their seriousness.
but this is more to what kind of projects they manage.
You may have ever heard about BestChange, this is a bounty manager of BestChange, one of the top bounty campaigns in this forum. He started as a newbie account, doing bounty with high payment without any escrow, also got many red trusts at that time. But times flow and if he can prove that their project and their bounty are legit, then he can get positive feedback and remove the red trusts. They also manage the bounty with BTC payment, and get top members as participants. And now he is in high rank.
This is one of the examples that rank may not be the first basic thing to consider when going to join a bounty. But the project itself does, the ways they manage the bounty, the payment, and also the project development.
I know that this is only an example, and not a newbie bounty manager will follow the path of BestChange. Once more, a legit project will tell it, but on the opposite, if the project is shit, it will be shit, whatever the bounty manager, even in newbies and also higher ranks. that is why we must be smarter in choosing the bounty, considering several elements, not only the bounty manager but also other elements, especially related to the project itself.

But then, hunters will also consider the ranks and the possible results that these BM might be done.
In fact, not only have newbie ranks been questioned about scam project issues, but there are also higher ranks running the bounty programs which had also ended up scams.

Participating like this is our responsibility to just join the management of trusted managers. Of course, we can't escape such a scam because even these known BM has been also a victim of this. It is literally not because of the person who manages the campaign or programs but also the credibility of the project itself.

I think all the bounty hunters mentioned by the OP just care about their own personal interest because the always get paid before accepting to manage bounty, but they don't care if hunters get paid or not but they pretend like they cares about the hunters, I think multiple finance as been tagged scammed project already, I won't advise anybody to waste their time to join bounties managed by those hunters. I believe their are still legit bounty hunters which you can still work for and they are highly ranked in the forum.

These newbie accounts represent their projects and people think that they are legit.  I'm not sure how the participants and the investors will be making deals with them knowing the fact that the majority of newbie accounts can't be trusted. Perhaps, it was not the basis of telling if the bounty runs by these people and with a newbie account can be trusted.

But this gonna happen because of the huge rewards that they offered to the participants. I've found this as a very common reason and encouraging words that lead these greedy people take the bait and get scammed.

I am not quite sure if this guide still works because it's been a few years since I participated in a bounty campaign. But here it is..
- 🌍 Guidelines, how to spot a scam ICO & report effectively. ✔

If I had to make a recommendation, I would propose that you pursue technical skills such as programming or any form of creative design, among other things. Acquiring such abilities enables you to accept commissions or jobs that may pay you more than what you may earn in advertising vaporware projects (bounties) in a short period of time.

If you still wish to have crypto in your portfolio after getting paid, you can quickly convert your fiat into crypto. That's all! Joining bounties isn't the only way to earn cryptocurrency.

Next time, put a profile or thread link to a post like that. It helps to make it easily accessible in tracking those profiles. That said. My observation with your mentions is that those accounts are company accounts running the bounties. Most of these projects starting up new which hardly have enough capital like to run the bounties by themselves. So, it's left to those hunting bounties to either promote them or not. The danger in promoting this is that when the project fails or doesn't meet maturity or achieve its purpose, hunters are denied payment.

The campaign I'm currently promoting is a company account too and there isn't any issue with it.

99% of the bounty projects are bad and will amount to nothing. There probably still are legitimate projects out there, but they don't need to run bounty campaigns to increase their visibility. They collect their funds from investment firms and credited investors.

All bounty campaigns can cheat you and there is nothing you can do about it. The forum doesn't moderate scams and it's very likely you will only be wasting time advertising these faulty projects in one way or the other. Stay away from the bounty world altogether because there are better ways to use your free time.

It's not just about the forum but also about the knowledge about the crypto. Aside from being the newbie in rank, it doesn't mean that they're not knowledgeable in the crypto market.

There's a likelihood that they don't want to hire someone as they've got already someone to manage their bounty for them so, so they make a new account.

Bounties are really difficult to read and know the future of it, even with good bounty managers, their future is undetermined but at least they've got an assurance of getting paid for their participation.

Very much correct. Some project owners doesn't consider to hand over their projects campaign for reputable managers to manage here in the forum. It could be as a result of the pay they will give to the managers. Maybe they thought that why pay if they can do it themselves.
And most times the reputable managers reject the campaigns if they aren't looking genuine, then they will have no choice than to come manage same by themselves.
But this brings about unethical behaviour of the participants because the unexperienced managers may not know how to catch cheaters or prevent spamming.

I've been doing some bounty in the past and mostly of them are traders scams trying to attract investors and once they attract some then they change the rules for bounty hunter and eventually doing some exit scam. It's so rare to find a legit bounty campaign and most of the legit one that I know are managed by trustworthy campaign manager and so far I haven't seen some newbies campaign manager who successfully finish a bounty campaign without any trouble.

A project can draft a good Whitepaper and still not meet the expectations of their investors. I think for the forum signature campaign, the campaign managers have enough experience to know if the project is legitimate or not. And if they turn to scam their investors later in the future while the campaign is still going on, it is the responsibility of the campaign manager to alert the community and be the first to raise a scam accusation against the company.