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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.