Scam Projects and Bounty . Way forward?? - page 15.

crisanto01

sr. member

Activity: 644

Merit: 253

Quote from: waitforme on December 01, 2019, 11:40:54 AM

Bounty hunters are smarter, pay close attention to scam projects where there are very few hunters involved because they know they will not be rewarded. Hunters were smarter in selecting the project they would be involved in. Hunters now have better vision than hunters in previous years.

That's really a good thing for all of us, because we already realized the value of being vigilant, and checking out the real projects to those who are now, we are now much careful compare to the past years, we also have been careful with investing our hard earned money, most of the time, we don't invest at all, because we are all tired with those scam projects that we have no ROI at all.

waitforme

full member

Activity: 618

Merit: 100

BBOD The Best Derivatives Exchange

Bounty hunters are smarter, pay close attention to scam projects where there are very few hunters involved because they know they will not be rewarded. Hunters were smarter in selecting the project they would be involved in. Hunters now have better vision than hunters in previous years.

InwardContour

sr. member

Activity: 644

Merit: 260

Quote from: o.ogurlu on November 10, 2019, 07:14:41 AM

Unfortunately there are quite a few scam projects and scam bounty on the market right now. In order to avoid such scam projects, we need to do a pretty good research at first. In particular, I think we should read the whitepaper and definitely investigate the team members of the project. For bounty campaigns, we should also choose a good bounty manager. I believe it is more beneficial to participate in campaigns organized by positive trusted managers. This ways can help us for be away from scam projects/bounties.

You made a good point when you stated that bounty hunters should do bounties managed by a trusted manager to be on the safe side, it will go a long way even though sometimes the team members still mess with the manager, when the coins/tokens are not escrowed. If I go by your "read the whitepaper" in order to know a project which is not scam, most scam projects are aware of this hence take their time to deliver a very good whitepaper (unlike before that they just plagiarise) in order to lure in investors. In my opinion, do more research on the team behind the project and their product. Check if they are experienced, if they attend crypto events and if they have good project backings.

FireBallex

member

Activity: 462

Merit: 19

Quote from: o.ogurlu on November 10, 2019, 07:14:41 AM

Unfortunately there are quite a few scam projects and scam bounty on the market right now. In order to avoid such scam projects, we need to do a pretty good research at first. In particular, I think we should read the whitepaper and definitely investigate the team members of the project. For bounty campaigns, we should also choose a good bounty manager. I believe it is more beneficial to participate in campaigns organized by positive trusted managers. This ways can help us for be away from scam projects/bounties.

There is differences here, some bounties are legit projects but they used bounty hunters for their own selfish gains, after bounty ends they refuse to pay bounty hunters, the only solution i can think of is to follow trusted bounty managers, you will always get paid

shoreno

full member

Activity: 1750

Merit: 118

Quote from: Emilyearl on December 01, 2019, 09:42:07 AM

Bounty campaign should have a body with executive's who will screen every bounty campaign being listed here before they can be listed. Secondly the cbody should have an escrow segment to hold campaign rewards before any project promotion starts to avoid hunters working without payment after many months.

that is a nice idea but as far as i know this idea has been already suggested on the past by some bounty hunters that are also tired of getting scammed but look what happened ? scamming still occur up to this date even if there were already escrows and good bounty managers that scans the project . sometime's a an escrow or a manager can abandoned thier reputation or job because they are tempted about the funds that they hold . this isnt predictable sometime's .

jazmuzika217

member

Activity: 476

Merit: 12

I think we don't recognized the real project to the scam project because if we see all project that we check in the site are so many simillar features and offer. So I think the only thing that every hunter can be assurance for real campaign is the kyc of campaign manager together with face captured. And I think they need to be more secured in choosing who are entering in site.

daniel002

copper member

Activity: 382

Merit: 0

Whether you believe cryptocurrencies are a bubble or not, one thing everyone can agree on is that an investment frenzy attracts unscrupulous individuals looking to prey on trader greed. We should take to be safe when trading cryptocurrencies.

Emilyearl

full member

Activity: 700

Merit: 105

APESWAP

Bounty campaign should have a body with executive's who will screen every bounty campaign being listed here before they can be listed. Secondly the cbody should have an escrow segment to hold campaign rewards before any project promotion starts to avoid hunters working without payment after many months.

pundit

full member

Activity: 868

Merit: 104

Unfortunately there is no way to identify any scam project in cryptocurrency space other than your knowledge as of now but I believe it is not possible to develop something to identify such scammers if community comes forward to do it. Scammers are sorrows of cryptocurrency world, they have ruined this market more than anyone else, they need to be isolated so that more and more money inflow comes in. Crypto market really need a good moneyflow to survive and grow.

yulionoo

sr. member

Activity: 756

Merit: 250

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I think it's quite difficult to overcome this fraud problem. because fraud always happens anywhere in fiat money or cryptocurrency as long as there is a chance they will cheat. and also there is no institution that can punish people who commit fraud in cryptocurrency. so scammers will always be there. what we can do to fix this problem is to always promote good things about cryptocurrency and also educate newbies to always be careful in storing cryptonya and also must always do research before investing crypto.

bahlulfahrul

full member

Activity: 475

Merit: 100

actually there is nothing we can do because we are on the internet it's hard to distinguish people who turned out to be the CEO of the previous scam project, because if they could create a new social media account to fool more other victims.
this year I felt that I was a part of the bounty not paid and also participated in the ico korea project which ended up being a scam

d3nz

sr. member

Activity: 1372

Merit: 264

A lot of scam projects last 2017 until this year and as of now there is an active ICOs that obviously a scam and i think they should be not allowed to promote their fake project and campaigns.

And i thinka lot of investor learned their mistake investing their hard earned money just to join a scam ICO that will surely less than the value whrn it listed on exchange.

ajeef

sr. member

Activity: 728

Merit: 251

Quote from: laskybok on November 10, 2019, 03:01:18 PM

There is no online venture, business or investment platform that has no inkling of scam in it. Cryptocurrency is not the first and it will not be the last. The reason we are all saying this, is because we are involved and there are many people in it. If we can learn to be involved and still avoid scammers, then there won't bev any problem.
We can only solve it individually, by learning how it is done or how to do the right thing.

More over cryptocurrency is full of anonymousity that really fit for scam and crime. So we have to be more careful to choose what we will invest and careful opening many crypto websites because some of them are having a virus that can attack our wallets.

TWW

full member

Activity: 1456

Merit: 109

Quote from: Cacingkemi on December 01, 2019, 08:01:53 AM

Quote from: LogitechMouse on November 10, 2019, 08:10:37 AM

Quote from: Cracker563 on October 20, 2019, 01:30:53 PM

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

There are no scammers if there are no investors that are ready to get scammed. If the investors know which project do they need to invest or not then they will not get scammed.

The best thing to do right now is to just not invest on ANY projects. In this case, no investors will be scammed. It will be hard I think because day by day, projects are emerging and hoping that their project will become successful but still there are projects that are becoming a scam or fail. Still, not investing totally on these projects will be the best way to counter this numerous scams that are happening.

of course every investor who wants to put money in one of the projects of course he must examine more about the project to be developed to avoid being scammed. Scammers will always appear in the crypto room and of course that can not be avoided, unless every investor is good at choosing projects that will be followed and of course it can avoid the various fraudulent projects that exist.

Nothing guarantees that we will avoid project scams if we join a new project. those who are already registered in the exchange can also be a scam when we greet. all is possible to eliminate our money but being smart is not the solution. multiply the experience then we will be a little safe from scammers.

Cacingkemi

hero member

Activity: 1484

Merit: 516

Quote from: LogitechMouse on November 10, 2019, 08:10:37 AM

Quote from: Cracker563 on October 20, 2019, 01:30:53 PM

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

There are no scammers if there are no investors that are ready to get scammed. If the investors know which project do they need to invest or not then they will not get scammed.

The best thing to do right now is to just not invest on ANY projects. In this case, no investors will be scammed. It will be hard I think because day by day, projects are emerging and hoping that their project will become successful but still there are projects that are becoming a scam or fail. Still, not investing totally on these projects will be the best way to counter this numerous scams that are happening.

of course every investor who wants to put money in one of the projects of course he must examine more about the project to be developed to avoid being scammed. Scammers will always appear in the crypto room and of course that can not be avoided, unless every investor is good at choosing projects that will be followed and of course it can avoid the various fraudulent projects that exist.

laskybok

jr. member

Activity: 315

Merit: 2

There is no online venture, business or investment platform that has no inkling of scam in it. Cryptocurrency is not the first and it will not be the last. The reason we are all saying this, is because we are involved and there are many people in it. If we can learn to be involved and still avoid scammers, then there won't bev any problem.
We can only solve it individually, by learning how it is done or how to do the right thing.

Pr0st0Pr0be1

copper member

Activity: 392

Merit: 3

At the moment nothing can be done. This problem would be easily solved if the SEC agreed to cooperate with cryptocurrency. But that didn't happen. There was still hope for BAKKT but as we all know nothing has changed. Now we can learn from the positive experience of China. But we only need time to see in practice all the shortcomings of the system. It is important to be able to think analytically and be very attentive to their activities. Then you won't fall for fishing link and watch fake whitepapper.

ajiz138

hero member

Activity: 1498

Merit: 785

Report their thread and publish it so everyone knows that the project is a scam and cheats investors. this will reduce the risk of the project developing. Many scam and meniou projects, but the law applied to scammers is unclear and no one has set, because the identity they use is all fake. As a bounty hunter, if it is not paid, it has become a risk that must be borne.

tambok

sr. member

Activity: 812

Merit: 260

Quote from: TheBusstop on November 10, 2019, 08:38:24 AM

i will suggest if we can list projects that successfully launched without paying hunters. if we can create a thread for that. it will really make sense and may tagged campaign managers that hosted such bounty.
Bitagro is my number one.
OOOBTC is second on my list.
MyMacrojob is third

The way forward; in my opinion, is the moderators here to task any project that wishes to run a campaign to deposit a certain quantity of their tokens with an escrow or the campaign manager. whether they conducted a successful fund raising or not, they need to pay hunters. MY OPINION.

I can also contribute some of the project that didn't pay bounty hunters at all, for sure most of us here can contribute. What I am wishing too is that this forum could be strict and just allowing those scam project to be posted here, that there should be rules regarding it that they should be evaluate first and need to pay fee here in forum to be able to be listed here, so we can eliminate scam projects instantly.

TheBusstop

jr. member

Activity: 280

Merit: 5

i will suggest if we can list projects that successfully launched without paying hunters. if we can create a thread for that. it will really make sense and may tagged campaign managers that hosted such bounty.
Bitagro is my number one.
OOOBTC is second on my list.
MyMacrojob is third

The way forward; in my opinion, is the moderators here to task any project that wishes to run a campaign to deposit a certain quantity of their tokens with an escrow or the campaign manager. whether they conducted a successful fund raising or not, they need to pay hunters. MY OPINION.

Topic: Scam Projects and Bounty . Way forward?? - page 15. (Read 4489 times)