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Topic: Scam Projects and Bounty . Way forward?? (Read 4489 times)

jr. member
Activity: 453
Merit: 2
https://goldeth.io/
August 13, 2021, 03:57:30 PM
the criteria for the type of fraudulent project still exist in cryptocurrency After success. do not pay any rewards, Change allocation & create new Rules, limited time KYC opportunity & Before distribution price discarded by release supply. apart from that, you need to be extra vigilant because scamers are always around us and scamers have lots of ideas to trick their victims.
sr. member
Activity: 1736
Merit: 306
August 13, 2021, 02:31:10 PM
So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
Scammers is one of the things we can't put an end to in the crypto world, no matter how many eggs are in a basket one egg will always try to be the bad one, we can't end it so we have be very careful when investing or participating in any bounty campaign, since there are more of scammers in the space now more than legit ones, we have to do a proper research before investing or participating in a bounty to avoid loss of funds or time wasting.
hero member
Activity: 2058
Merit: 710
August 13, 2021, 01:28:52 PM
Scammers have been rampant since 2018 in crypto, there is no way to overcome them, we can also see the rise of cryptocurrencies is growing rapidly while scammers are no longer too free to design their missions because in cryptocurrencies every destruction does not last too long.
But at this time scammers are still in the crypto space even though their freedom is a bit limited, what is clear is that they will continue to look for ways to create new projects with concepts that are currently trending so that their projects can look original.
sr. member
Activity: 1456
Merit: 251
August 09, 2021, 04:10:03 AM
Yes, we also tried the same thing. Apart from the bounty proceeds, we also generate more coins from the pre-sale. But we have to be careful with the projects we want to invest in. Because there is a possibility that the project ends in scams.
New projects are very vulnerable to scammers but we have experience indicating any suspicion of new projects, concepts, teams, roadmaps and other indicative points. In a bullish market, it is very supportive of the growth of potential for new projects, even though they are used for trading purposes only.
full member
Activity: 1190
Merit: 111
August 08, 2021, 12:10:31 PM
they cannot be resisted as they will keep coming but we can avoid them by doing research before joining and investing. I don't think there is any other way to expose their lies other than doing research
almost some bounty projects are scams and it has been happening continuously, making bounty hunters choose to join the famous bounty manager, it will definitely pay them to make sure they are also more careful to get the appropriate rewards for what they are doing, there are many successful projects but they don't want to pay these bounty hunters is very detrimental because there is not the slightest payment is clearly very detrimental.

choose a manager who is more experienced and honest in carrying out his duties now more and more participants are following him and there are even participants who are faithfully waiting for the release of the project they manage. now there are not many managers like that, at least there are only a few people.
That's right, not many are really honest. but I'm sure some are still active on the forums now. and having the support of a lot of bounty hunters is that they are good bounty managers.
Seeing what happened to Small Rabbit's bounty manager, it's a shame his attitude after he was caught stealing money for bounty hunters by claiming that the project was a scam. this is so bad. he even claims he has several more accounts holding campaigns. this is really bad.

Basically, the manager of Small Rabbit is an honest person, but because he saw the big results in front of his eyes, he had to sacrifice the bounty participants.
Small Rabbit's manager he worked unprofessionally and he was one of those managers who dared to destroy his reputation.

I agreed that small rabbit was one of the good Managers here in bitcointalk forum, and yet all of a sudden got tempted just because of money.
I just can't even imagine that because of Money He declared scam a projects that He managed before were the truth is not. In short, scam projects will surely continue.
sr. member
Activity: 770
Merit: 258
The Standart Protocol - Solving Inflation
August 08, 2021, 08:05:15 AM
So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?


Scam has been happen from long time ago. And this year is not more then last supercycle, its just the same situation. For projectyou just need to do some due diligence to know if the tim is realy legit and can deliver the project or no.

Bounty hunter case is different, research about the tim, if they can not be trusted in small promises, they will probably will not paying you after you work for them.

Lost of good project which paying what they promised :
1. Sovryn
2. Vulcan forged / pyr
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
August 08, 2021, 08:01:40 AM
they cannot be resisted as they will keep coming but we can avoid them by doing research before joining and investing. I don't think there is any other way to expose their lies other than doing research
almost some bounty projects are scams and it has been happening continuously, making bounty hunters choose to join the famous bounty manager, it will definitely pay them to make sure they are also more careful to get the appropriate rewards for what they are doing, there are many successful projects but they don't want to pay these bounty hunters is very detrimental because there is not the slightest payment is clearly very detrimental.

choose a manager who is more experienced and honest in carrying out his duties now more and more participants are following him and there are even participants who are faithfully waiting for the release of the project they manage. now there are not many managers like that, at least there are only a few people.
Also experienced managers facing this issues. If they will enable to get their salaries (management fee). But they haven’t involving with bounty rewards distribution. But i will try to pick experienced managers who's are very concern. They’ve no intention to manage random projects because also they care about us because everyone works hard to get money.
sr. member
Activity: 1512
Merit: 397
PredX - AI-Powered Prediction Market
August 08, 2021, 01:34:27 PM
Scammers have been rampant since 2018 in crypto, there is no way to overcome them, we can also see the rise of cryptocurrencies is growing rapidly while scammers are no longer too free to design their missions because in cryptocurrencies every destruction does not last too long.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
August 08, 2021, 12:14:09 PM
This year since ICO or IEO were not that numerous than last year we can pick project that have potential knowing we're it is recorded in return as long as the venture have as of now it's own image or item. You should proceed to painstakingly examine the venture before you participate in it and leave the task at the smallest doubt of misrepresentation.

Examine the potential and only participate after you are done dealing with your good research, there are many projects and still
upcoming projects to sort.

Be careful and choose project according to how you see the usages and addition that the project will contribute to this market.
full member
Activity: 854
Merit: 102
August 08, 2021, 05:58:59 AM
It's very difficult for us to know it's a scam or not.. Maybe one way, I never want to invest with new coins. I always run the free ones when they pay or not, at least I don't lose money, maybe it's just a loss of time.
If you participate in a potential bounty project, you have the opportunity to invest as well because there is no guarantee that you can receive the distribution of bounty tokens on time or even delayed, we can profit from private sales in addition to tokens from bounty payments.
Yes, we also tried the same thing. Apart from the bounty proceeds, we also generate more coins from the pre-sale. But we have to be careful with the projects we want to invest in. Because there is a possibility that the project ends in scams.
member
Activity: 588
Merit: 11
Futiracoin.com
August 08, 2021, 02:20:31 PM
So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

I don't think it's necessary to follow what they make, let them do this and don't let the opportunity to believe it, so that every project they work on is no longer in demand by many people, so what they do is sacrifice themselves.

The habit that makes the scam is the investor, not the one working on or handling the project, most investors are not responsible if the project is a scam, while the project holder is the victim of the investor.
hero member
Activity: 1260
Merit: 504
August 08, 2021, 09:59:28 AM
This year since ICO or IEO were not that numerous than last year we can pick project that have potential knowing we're it is recorded in return as long as the venture have as of now it's own image or item. You should proceed to painstakingly examine the venture before you participate in it and leave the task at the smallest doubt of misrepresentation.
sr. member
Activity: 1456
Merit: 251
August 07, 2021, 11:58:22 PM
It's very difficult for us to know it's a scam or not.. Maybe one way, I never want to invest with new coins. I always run the free ones when they pay or not, at least I don't lose money, maybe it's just a loss of time.
If you participate in a potential bounty project, you have the opportunity to invest as well because there is no guarantee that you can receive the distribution of bounty tokens on time or even delayed, we can profit from private sales in addition to tokens from bounty payments.
sr. member
Activity: 1218
Merit: 254
Trphy.io
August 07, 2021, 11:10:52 PM
So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
It's very difficult for us to know it's a scam or not.. Maybe one way, I never want to invest with new coins. I always run the free ones when they pay or not, at least I don't lose money, maybe it's just a loss of time.
sr. member
Activity: 1876
Merit: 259
August 07, 2021, 10:45:13 PM
The only way to pervent this is to pervent newbie bounty managers that didnt care about the participants money...all bounties on this forum must be managed by veteran managers that have even the ability to hold the rewards and insure hunters money.

To do this, bounty hunters need to be careful not to join the bounty of the newbie account manager. Scam projects don't go to the best managers because they know that experienced managers will reject their projects. As a result, the scam project team is looking for someone who will manage their bounty campaign. Then the newbie account managers bring that project.

Now the bounty hunters are not aware that they have joined all the bounties, so far no effective action has been taken.
Don't you know that experienced managers can also be fooled by project owners. The crypto world is full of scams.
although a lot has been revealed but there are always loopholes for fraudsters to gain space in crypto.
hero member
Activity: 1064
Merit: 639
August 07, 2021, 10:00:18 PM
Basically, the manager of Small Rabbit is an honest person, but because he saw the big results in front of his eyes, he had to sacrifice the bounty participants.
Small Rabbit's manager he worked unprofessionally and he was one of those managers who dared to destroy his reputation.
Small Rabbit wasn't honest with his work nor with his bounty hunters.
It seems he was looking for an opportunity to scam a big amount of money, And he got this chance, he did it without thinking about how much time the bounty hunters have spent on that bounty. it's an unethical act did by Small Rabbit

This is the reason why I always say that, don't join bounties which run by newbies account it is not safe in any way, you could be cheated or you are helping scammers to deceive investors
member
Activity: 352
Merit: 11
August 07, 2021, 08:47:38 PM
So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
As of now we can't deny how scammer really spread in bounty that's why we should more alert and be good at all the time because this is the reason that our profits will grow.. More research for our own good and be smart at all the time.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
August 05, 2021, 03:42:46 PM
The only way to pervent this is to pervent newbie bounty managers that didnt care about the participants money...all bounties on this forum must be managed by veteran managers that have even the ability to hold the rewards and insure hunters money.

To do this, bounty hunters need to be careful not to join the bounty of the newbie account manager. Scam projects don't go to the best managers because they know that experienced managers will reject their projects. As a result, the scam project team is looking for someone who will manage their bounty campaign. Then the newbie account managers bring that project.

Now the bounty hunters are not aware that they have joined all the bounties, so far no effective action has been taken.
legendary
Activity: 3122
Merit: 1140
August 05, 2021, 03:32:38 PM
There's nothing we can do, if I speak as a bounty hunter. but if I speak as an investor, of course I will be more careful in choosing a new project as an investment vehicle that I will do.. because we all know that investing in cryptocurrencies a high risk, especially for new projects.

This also applies to bounty hunters.
After all, they first of all raise the legitimacy of the project due to the massive mention of the project in the information field, it is obvious that the more hype the project, the higher the likelihood that investors will invest money in it. Therefore, the task of bounty hunters is to study projects and expose scammers.
But not all investors are fools that who cant determine which project been hyped is a shady or potential scam. Everything could be checked and could be traced up from anonymous devs

to unrealistic roadmaps on which people could say if this one is really a legit project or not but its really hard to determine which project is good or bad when they are still on ICO phase.

So its still risky and nothing is assured.
sr. member
Activity: 686
Merit: 252
www.cd3d.app
August 05, 2021, 03:10:20 PM
There's nothing we can do, if I speak as a bounty hunter. but if I speak as an investor, of course I will be more careful in choosing a new project as an investment vehicle that I will do.. because we all know that investing in cryptocurrencies a high risk, especially for new projects.

This also applies to bounty hunters.
After all, they first of all raise the legitimacy of the project due to the massive mention of the project in the information field, it is obvious that the more hype the project, the higher the likelihood that investors will invest money in it. Therefore, the task of bounty hunters is to study projects and expose scammers.
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