Topic: Refusing to pay bounty hunters is a red flag. Scam- KNT as case study - page 2. (Read 387 times)
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.
July 26, 2019, 10:05:13 PM
There are actually a whole lot of them. Others have their own schemes to just shirk responsibility from the people who help them reach whatever success they have. Some are devising disagreeable set-up for their own advantage even if disadvantageous to their marketers. If they fail, it is largely due to their being dishonest. If they are dishonest to their own bounty participants, they could be dishonest to others. Perfect recipe for failure.
July 26, 2019, 09:50:50 PM
Yea desico did the same thing and after almost a year of ignoring bounty hunters they decide to pay 10% from 100% bounty allocation and all I get on spreadsheet is around 10$ so i just leave and move on,bounty hunters needs to start taking actions on these projects, our silent won't change anything.
July 26, 2019, 09:30:48 PM
If I can remember correctly this is a big issue in crypto space ive help promote few bounties that never paid till date and they are on CMC with very good volume,for example x-block project
July 26, 2019, 09:19:52 PM
I'm sure they have ANN page on this forum why can't you guys raise flag about this issue?the more many bounty hunters raise red flag the more they will feel the heat,this is scam
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.
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.
July 26, 2019, 06:11:23 PM
I just felt I should do a flash back on projects that cheated on bountyhunters or refused to pay for work done and do a recap on how they fared afterwards. There are many of such projects ,you can add to the lists.
Kora Network
Led by Dickson Nsofor and Maomao Daniel Hu
Raised 12 Million USD with the help of bounty hunters
Then refused to pay for several months,ignored bounty manager until an anti-campaign was started, only then paid a tiny fraction of work done.
Current Market cap 43000 USD
Loss to investors -99.64 %
Nothing substantial in terms of project implementation (other than listing on some small exchange-one of which is no more)
Team probably dumped their own tokens and walked away with over 10Million USD. That to me is a form of scam.
How a project treats bounty hunters/managers tells a lot about their integrity and can serve as a red flag to investor. Nothing can be achieved long term when integrity is lacking in a project team.
What projects you now that followed same pattern, please indicate.
Kora Network
Led by Dickson Nsofor and Maomao Daniel Hu
Raised 12 Million USD with the help of bounty hunters
Then refused to pay for several months,ignored bounty manager until an anti-campaign was started, only then paid a tiny fraction of work done.
Current Market cap 43000 USD
Loss to investors -99.64 %
Nothing substantial in terms of project implementation (other than listing on some small exchange-one of which is no more)
Team probably dumped their own tokens and walked away with over 10Million USD. That to me is a form of scam.
How a project treats bounty hunters/managers tells a lot about their integrity and can serve as a red flag to investor. Nothing can be achieved long term when integrity is lacking in a project team.
What projects you now that followed same pattern, please indicate.
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