Refusing to pay bounty hunters is a red flag. Scam- KNT as case study

Ridwan Fauzi

full member

Activity: 1330

Merit: 147

Quote from: ?? on ??

Personally I have been hunting for years now and had never accidentally participate on a bounty without pay because, before my participation I will do a background check about the said project and the team members involved before my move to participate. Sometimes you don't need to blame the Bounty Manager because he's just a manager with little power on what goes and come in the project.

Bounty manager should have an analyst against the project that will managed by him. Sometimes I saw several bounty manager who stop the promotion and paying the participant with their own money when the project was caught as scam project. If I'm not mistaken the bounty manager is yahoo and I forget the project that he managed.

Which is mean the bounty have a right to pay participant who promote the project if the project end up with scam because it's their fault. To run bounty campaign is not about counting the participant, see bounty hunter work or give a fee when the bounty has been completed but more than they have to know/differentiate legit and scam projects and the fees given by the project team must be in accordance with the initial agreement.

Ifychuks

copper member

Activity: 224

Merit: 1

This is the kind of judgement I like to see on such projects that cheat on hunters. Some will say they are only puttingeasures for hunters not to kill the project, but I ask, were they forced into starting up the bounty in the first place? Did hunters drag them out to do the bounty? It's just wickedness and inhumanity so I don't see such projects succeeding.

Iyeman

sr. member

Activity: 1183

Merit: 251

Quote from: ?? on ??

Hunters are representing a huge power and can simply destroy image of any project. I saw a lot of projects that started great, refused to pay bounty hunters and ended in a trash bin. No volume, no hype, no investors.

A big and solid community is including in the main requirements to be listed in the major exchange site, The majority of scam platforms are refusing to pay the hunters are getting destroyed because it has already violated the agreement that has already made with the hunters and that's why they are ended up with crap exchange with no volume.
But sadly this scammer will be running away with the money.

Chicky213

copper member

Activity: 476

Merit: 4

Quote from: ?? on ??

Hunters are representing a huge power and can simply destroy image of any project. I saw a lot of projects that started great, refused to pay bounty hunters and ended in a trash bin. No volume, no hype, no investors.

This is what some Project Team don't seem to understand that Hunters have some amount of power to campaign against them. I wonder why hunters will work and get denied of their entitlement, sometimes they refer to hunters payment as Free Token making hunters look like beggers.

key4co.in

hero member

Activity: 812

Merit: 503

Not paying bounty hunters is not fair, but I don't know for sure if your claims about KORA is actually true because I didn't participate in the bounty. Well, Nemesis always catch up with most of them. Team members should always try to reward those who aided them in promoting their project. That's the right thing to do.

jostorres

hero member

Activity: 2576

Merit: 586

I am surprised to hear of kora not paying because I was paid some KNT which was gotten through their campaign that I participated in, although I participated through bounty hives then, and tokens being distributed directly by the bounty hives teams, but I dint know that they have even entered the exchange market.

This value they have I almost like going to zero already, which seems to me that the projects is already being dump, if they have not paid some bounty hunters, it shows that they were never serious in the first instance. We have lots of project that has not paid bounty hunters, I usually do keep an excel of projects that I participated in then, and I cannot believe that almost 50 percentage of projects I participated in did not really pay me. This is really very bad.

gabbie2010

sr. member

Activity: 2842

Merit: 326

Vave.com - Crypto Casino

This is really a sad one and this are one of the risk of bounty hunting to cap it all no regulating body to check and if possible arrest the team involved in non payment of rewards I can't imagine working for 2 to 3 months as a bounty hunter devoting your time and efforts without payment this an act of wickedness and deserved severe punishment invariably hunter are helpless here,reported cases of ICOs not paying has become the order of the day and prevalent to cap it all the bounty managers are helpless in taking decisions regarding to payment except if the coin is escrowed.

bigcash2011

sr. member

Activity: 1442

Merit: 265

I think in last few months there were a lot of projects that never paid bounty hunters i do follow a lot of threads in this forum and telegram channels regarding such issues, to name a few the peojects that never paid bounty hunters are Athero, securix, swiss alps mining, winbix, envion and many more, recently, bitbond sto has also been reported recently to not pay bounty hunters after completing the campaigns and now making lame excuses to not pay hunters, i think we should atleast name and shame such unethical things from these so called projects.

masterrex

full member

Activity: 1820

Merit: 107

If you check the Bitcointalk today you can see that there was many of these so called bounty campaigns are still running. But after the campaign ends they will not pay its obligation to the bounty hunters the worst is they required too many chitchat and lots of alibis or even locking the tokens for the whole year. thats insane i think thats why bounty hunters should vigilant about these new norms setting by the team. thats why the terms and condition is worth to read. if you didnt agree with it its very simple dont join that campaign. choose a better bounty management that fight the bounty hunters right and not just the team own interest.

kingpin4321

member

Activity: 280

Merit: 14

It's a wicked action not to pay bounty hunters after they had done their duties if they have a bitcoin talk account they may get bad tag for that.
What initial coin offering does is send out little of their token knowing it will be of no good to bounty hunters just not to let their coin from getting dumped

yangongear

full member

Activity: 447

Merit: 100

Quote from: coin-investor on July 26, 2019, 09:08:34 PM

Adab is one of this after almost a year they refused to pay the bounty hunters, there are already three scam reports on this scam project

https://bitcointalksearch.org/topic/adab-solution-bounty-scam-5168193

they keep saying the same thing after their bounty hunters finish the KYC there is still no announcement of the distribution
and I doubt if there will be one, investors should ignore this token, they will do an exit scam that's for sure.

Yes, this project is suck. I did bounty for them, and after 1-year bounty, they reduced pool paid me just 30% of my allocation Angry

A red flag for them, and ADAB price is dumped 50%, that mean we get few dollars for a year promoting this. Angry

All project like KNT, ADAB or other must be received a serious red flag.

creeps

full member

Activity: 742

Merit: 144

Hunters deserve to received their pay at a given time by the team or else if there's a situation like this for sure it can be a scam or better to ask the team to explain for the delay. If you raised a flag for any bounty thread make sure you have your good reason, and because of that many hunters will support that flag. Its not good for a project to ruin the trust of the hunters, they can't just collect money without us after all.

KuraJamban

member

Activity: 350

Merit: 10

This project lists their bounty campaign on Bountyhive. it's been a long time since this bounty ends.
I follow their bounty but leave it because of the delay of the paying of bounty, I don't think about it anymore.

aioc

hero member

Activity: 2926

Merit: 567

I used to be so active in ICO bounty hunting and I will definitely be going to support any flag that anybody will raise against bounty campaign that refuses, lock or even delays payment to its bounty hunters, it's a long month of hard work and waiting for them to do that.

spydee1522

member

Activity: 378

Merit: 10

Refusing to pay bounty hunters after months of promoting your project can be the worst decision any project manager or project team may decide to do. Why ignore an individual of his or her salary after working for you. I think and second the idea of tagging projects which refuse payment to hunters with red flag as this will bring down their reputation and make them know what the effect of cheating hunters.

lobo13hf

hero member

Activity: 2268

Merit: 507

Quote from: ?? on ??

Quote from: coin-investor on July 26, 2019, 09:08:34 PM

Adab is one of this after almost a year they refused to pay the bounty hunters, there are already three scam reports on this scam project

https://bitcointalksearch.org/topic/adab-solution-bounty-scam-5168193

they keep saying the same thing after their bounty hunters finish the KYC there is still no announcement of the distribution
and I doubt if there will be one, investors should ignore this token, they will do an exit scam that's for sure.

really? it is unfortunate considering that the project is very good and attention to the adab project at the beginning of their launch was very large. if they are really scams, it will only destroy their image, they should be fair.

It's true, joolly is a good guy and he can be trusted, any ico that listed on this signature were scam.
The idea of adab doesn't make sense from the start and that's a bit scam. I hope that bitforex will try to delist that scam coin.

chocopapaya

full member

Activity: 686

Merit: 131

Well, of course they won't be successful if they can't even get their marketing straight.
Never forget, that's what bounties are: marketing.
It's such a crucial part of any startup in any market and if they can't handle doing it, then they won't be able to be successful.

One of the most important things you can do as a bounty hunter, which no bounty hunter ever does, is take a look at the smart contract.
The smart contract should have been audited and match what is written in their white paper.
Don't know how to read a smart contract on github?
Then start networking and find some techie friends to do it for you and start investing together.
AT this point, with so much information on how to avoid scams, I am starting to have no remorse for those that still get scammed with obviously bad projects.

LogitechMouse

legendary

Activity: 2576

Merit: 1043

Little_Mouse Campaign Management | OrangeFren.com

There are many projects that did the same too and they are too many to enumerate it here. Even me as a bounty hunter has experienced the same things as other bounty hunters has experienced.

Quote from: RapTarX on July 26, 2019, 10:44:34 PM

You must not promote a project which isn't managed by a reputed and responsible bounty manager. Hhampuz and Yahoo are two persons who always think of getting paid their bounty participants. They care about their image, reputation unlike other stupid managers.

Yes those 2 campaign managers are reputable here but even they managed to pay the bounty hunters, it doesn't mean that it will be a successful project already. They can pay the tokens to the hunters but there is no value on it because the team can abandon it anytime with the money.

Greatchu

member

Activity: 490

Merit: 10

This is why bounty managers matter most times,no matter what happened they will make sure that bounty hunters get paid as they are promised,i think its all on bounty manager

pishite

full member

Activity: 980

Merit: 132

I participated in the project Kora when they were on bountyhave and I remember how they didn’t want to pay employees. Until users started report spam they didn’t even want to pay, and paid crumbs. And the price was already small and not needed by anyone.

Topic: Refusing to pay bounty hunters is a red flag. Scam- KNT as case study (Read 390 times)