Newbies and their Bounty scams - page 2.

sheenshane

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Quote from: Cryptoworldman on June 05, 2022, 07:12:04 AM

Seniors, please answer my questions The number one question is how do I know if a project is good or bad?The second question is how to verify which project can pay and which can cheat it will

There's no way to answer your question because usually, they look good at the first glance but in the end, they'll scam their investors and run away with the investor's funds.

When it comes to verifying, it might there's a chance that you will know them more if you will join them on social media (there might be a presence on all social media platforms), do you might witness their progress and regular update through their social media platforms. And the most important is, the Whitepaper, there should be a realistic goal that makes their project more progressive in the future and of course don't forget the real use of their project, utility of the project must be important somehow.

While joining bounty programs you'll know the legitimacy of the project, there should no fraud activities, and must be transparent in all aspects.

Z-tight

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Quote from: Cryptoworldman on June 05, 2022, 07:12:04 AM

Seniors, please answer my questions The number one question is how do I know if a project is good or bad?The second question is how to verify which project can pay and which can cheat it will

There is no way to be sure if a project is good or bad, you can research about the project though and get some useful information, but a project that seems good can also end up being bad in the end. You can also not verify which project will pay or which will cheat, but know that the number of projects that cheat are more than the ones that pay, so you can weigh your chances on that premise.

Best advice is to leave bounties alone, 9/10 of them are bad and do not pay, so your chances of getting a good one that will pay is 1/10, leave the bounty section, you will enjoy it when you post in other sections of the forum and learn new things about bitcoin.

Cryptoworldman

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Seniors, please answer my questions The number one question is how do I know if a project is good or bad?The second question is how to verify which project can pay and which can cheat it will

decodx

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Quote from: jordansteph on June 03, 2022, 01:34:56 PM

The questions here are:

Can this be right?
Can this be a good project that will pay?
What are their objectives for running such Campaigns?

Not all bounties worth doing. Always analyse all bounty and do your own research on them before joining to avoid waste of time and resources.

These examples you cited do not necessarily mean newbie bounty managers. As far as I can see, some of the projects have decided to run their campaigns on their own. This means that the bounty manager is a member of their team, or even the developer himself. Obviously they have some knowledge of how bounty campaigns work and it is possible to use an alt account to run a campaign and promote a project.

Whether these are good campaigns or not is hard to say. Just know, a respectable campaign manager does not automatically mean a good campaign. There are a number of campaigns that have turned out to be a scam run by a well-known bounty manager.

Pmalek

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Those are not your traditional bounty managers like the ones you see on the forum managing multiple bounty and signature campaigns as a service they provide. They are probably part of the project and they are only here to manage the campaign and that's it. That's why they are newbies and have no or very few previous posts. Some purchase copper memberships to be allowed to post images.

Bounties overall aren't worth it. Especially those paying in unlisted and brand-new tokens that will get dumped even before bounty hunters get them into their wallets. And once they do, they will kill them off for good. Even if they pay, what kind of future does the asset you receive have? Most of them don't have any. People think that a scam project is only the one that doesn't pay its campaign participants. That's not true. It's also a scam to pay in a token that will never ever be listed anywhere and can't be sold or will never amount to anything.

Regarding the objective of such campaigns. It's to collect your Bitcoin and other valuable digital assets and sail off into the sunset while you are left standing there holding a big bag of nothing.

SatoPrincess

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Quote from: KingsDen on June 04, 2022, 06:14:37 AM

Quote from: GeorgeJohn on June 04, 2022, 05:06:53 AM

A newbie managing either signature campaign or bounty campaign doesn't indicates uncertainty of signature campaign. Even some full time managers you are comfortable with can launch a bounty campaign and it happens to be scam campaign, researching of the project will make some people indicates that the project might be wrong project and is under care of a reputable manager. I believe any grade or rank, irrespective what you do is absolutely right.

I agree with you that some old and known managers can launch bounty and it turns to be scam. It happens because managers are only moderators of the campaign, they might not know the original and interior motive of the project creators.

It is the responsibility of the campaign manager to do their due diligence on the company that’s hiring, most CM have a team that work with them and part of their job is to research the company before taking the job. The reputation of the campaign manager is at stake should the campaign is discovered to be a scam. I have come across a few occasions where the company’s team stopped responding to CM messages and he had to pay the promoters from his own purse.

KingsDen

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Quote from: GeorgeJohn on June 04, 2022, 05:06:53 AM

A newbie managing either signature campaign or bounty campaign doesn't indicates uncertainty of signature campaign. Even some full time managers you are comfortable with can launch a bounty campaign and it happens to be scam campaign, researching of the project will make some people indicates that the project might be wrong project and is under care of a reputable manager. I believe any grade or rank, irrespective what you do is absolutely right.

I agree with you that some old and known managers can launch bounty and it turns to be scam. It happens because managers are only moderators of the campaign, they might not know the original and interior motive of the project creators.
Generally, a bounty managed by a reputable campaign manager is trustworthy than the one managed by a newbie. Newbie manager it's is a scam signal, exception of some signature campaigns.

Op, not all newbies are newbies. Some are old members who decided to create new accounts to promote their scammy project. So, don't get it twisted.
Then the overall conclusion is, no matter who manages a bounty, do your own research before you join.

GeorgeJohn

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A newbie managing either signature campaign or bounty campaign doesn't indicates uncertainty of signature campaign. Even some full time managers you are comfortable with can launch a bounty campaign and it happens to be scam campaign, researching of the project will make some people indicates that the project might be wrong project and is under care of a reputable manager. I believe any grade or rank, irrespective what you do is absolutely right.

Jawhead999

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It seems like a hidden promotion about those project that has been mentioned by @OP multiple times, anyone should avoid those projects perhaps @OP is also a private bounty hunter of behind agreement with the project.

Quote from: jordansteph on June 03, 2022, 01:34:56 PM

Can this be right? No, newbies including me are new members that just join the forum.

Not really, do you think all new members is really a newbies that doesn't know anything about the forum, especially in bounty section... I really doubt it.

cryptoaddictchie

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Newbie as bounty manager seems to be not efficient. But who knows if they bring here good projects. But in history most good ones are being handled by prominent and old managers which are trusted and got already experience. Maybe rare cases to find a campaign manager that still newbie and those projects found to be legit one. Not remember any project, with that line up.

If there is maybe its really few.

Israelgogo

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This piece of write up is considered very venerable to me ,you broadened my knowledge on bounties and campaigns, not just accepting any campaigns ,making my research before joining any.

nakamura12

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Having a newbie as a campaign manager doesn't mean it is a scam bounty. I have seen a newbie who is the owner of the project and now they even run their own exchange site which so bring me to a place where they give free crypto that total to 4 eth. I am thankful for the bounty I joined a few years ago. My point is even a newbie can become a campaign manager if the project owner can't afford to hire a reputable campaign manager due to fund problem or didn't know about the reputable campaign manager and just pick one of the project's staff to become the campaign manager.

SatoPrincess

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I won’t blacklist a campaign or doubt the legitimacy of a campaign just because the campaign manager is a newbie account. Some of these companies create an account to manage their own campaigns. Personally, any campaign that’s not paying in bitcoin is a no for me.
The red and blue colors do not make your post any prettier or attractive neither does it make the information more valuable. I come to see this as a newbie thing, exploring all the buttons on the forum.

jordansteph

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Quote from: Wiwo on June 03, 2022, 02:31:29 PM

What is bounty, I have not visited that section of the forum for a long time now unless in my early time on this forum I was visiting different boards and sections to get familiarized with them. Simce then I discovered that the bounty section is full of junk projects and managers trying to exploit social media users into promoting their projects, there is no thought that there will be some legit bounties but out of hundreds only a few will be legit projects the majority of them will be scams. So seeing a newbie being a bounty manager is somehow obvious that the project may not be legit unless they have escrowed the bounty payment.

Being escrowed doesn't even make it legit. Dev or Team may change the token smart contract address to a new one prior to the end of the bounty campaign. And effort to change the escrowed token to new ones may be abortive. This render the escrowed token useless.

Wiwo

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What is bounty, I have not visited that section of the forum for a long time now unless in my early time on this forum I was visiting different boards and sections to get familiarized with them. Simce then I discovered that the bounty section is full of junk projects and managers trying to exploit social media users into promoting their projects, there is no thought that there will be some legit bounties but out of hundreds only a few will be legit projects the majority of them will be scams. So seeing a newbie being a bounty manager is somehow obvious that the project may not be legit unless they have escrowed the bounty payment.

Z-tight

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Quote from: jordansteph on June 03, 2022, 01:34:56 PM

Not all bounties worth doing. Always analyse all bounty and do your own research on them before joining to avoid waste of time and resources.

It is better not to join any bounty at all, it is better to just leave the bounty section entirely, there is a lot of spam going on there, there are many better sections to be on the forum and have a good conversation with people. If you want to promote a company here, it should be a company running a signature campaign at least, it can be concluded that people who join bounties are spammers that could not do what is necessary to join a signature campaign, like being a productive member, etc.

jordansteph

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Alot of newbies claim to be a BOUNTY MANAGER this days. To mention few:
1. Multiple Finance by Jerzei
2. Ani.Finance by AniFinance
3. Dhahab Sports token by DhahabSports
4. Fuloos token by FuloosIO

The questions here are:

Can this be right?
Can this be a good project that will pay?
What are their objectives for running such Campaigns?

Possible answers:
Can this be right? No, newbies including me are new members that just join the forum. They know little about how the forum works. They are learners. Learners running Campaigns for learners and experts. Funny enough, most of the newbie BOUNTY MANAGERS don't even have any post apart from the campaign they posted e.g
AniFinance and Multiple Finance.
Can this be a good project that will pay? No, most of this Campaigns are run because of their selfish interest.
What are their objectives for running such Campaigns? Most are run to build their social media followers. They name the bounty project after their social media name and claim all hunters must join to be accepted in the campaign. To mention few:
1. Ani.Finance by AniFinance
2. Dhahab Sports token by DhahabSports

NOTE: Not all bounties worth doing. Always analyse all bounty and do your own research on them before joining to avoid waste of time and resources.

Topic: Newbies and their Bounty scams - page 2. (Read 324 times)