Scam Projects and Bounty . Way forward?? - page 3.

Bitcoin Seller

full member

Activity: 567

Merit: 148

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

Now the problem of scams is really urgent. Because of the hype around NFT there are a lot of newbies and new projects every day. All good projects now are improving their products and are waiting for the time when all this hype is over and they will be able to launch and have a strong community who is interested in their product as well, but not only in fast selling their token after a small growth.

mhine07

full member

Activity: 560

Merit: 105

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

Its been years from now but still there are many scam projects that exist this day. And i think its normal for people nowadays to scam people because of money. I have been in some bounty way back 2018-2019 and even invested some of my profits that i earned in 2017 but ended up losing my money because of the scam projects that i participated. It is better to have more knowledge it cryptocurrency investing before engaging in it.

Rabi3

full member

Activity: 1204

Merit: 100

Quote from: BintangBuleun on July 24, 2021, 02:54:27 PM

Quote from: Cracker563 on October 20, 2019, 01:30:53 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 think this problem is nothing new. Many of the project CEOs do not pay participants. They gave many reasons, some ignored it when asked by participants. Recently I saw a lot of complaints that occurred in a new project, maybe you can check on the Bounty site, the Telegram group. They don't value the participants and just ignore them. Maybe there is no solution for this problem, because this problem has happened many times but not solved till now.

there are projects who didn't pay their participants and whenever someone asked about it in their social media they ban them right away, they don't have a reasonable explanation because they scammed them and they don't want that news to be spreading in their community, even investors are getting scammed, i've seen projects who made in ICO and investors bought and kept their tokens, but the owners of the project used their money to grow their platform and didn't use that token at all, and ended up successful too.

Jaered

jr. member

Activity: 840

Merit: 4

The crypto space is a largely unregulated sphere. And this is what you get in such spaces. The way forward, regulation. Humans are criminal by default and so the only deterrent is the law. Til crypto gets wholly regulated, get ready to be reading horror news of exit scams, rug pulls etc

Galley

member

Activity: 1274

Merit: 14

Wherever money is spinning, swindlers will walk around in packs like wolves. They will not lose the opportunity and snatch a piece of the pie for themselves. More than half of the projects that bounty companies conduct do not always end well. Therefore, it is important to carefully select projects to participate in them.

armanhusni

full member

Activity: 644

Merit: 100

It is very difficult to differentiate scam projects after they have many members and post them on social media, so at this time I still choose bounties managed by experienced managers, because now many new projects have deceived many managers and developers usually delay distribution of tokens for many years for many reasons, I don't think they distributed tokens because they were afraid of dumps in the market.

Theones

full member

Activity: 1204

Merit: 110

Quote from: kak uli on July 31, 2021, 12:35:55 PM

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

In my opinion, this year not many projects have experienced scammers, but if we find such bad treatment of bounty project holders, we can also report them to the moderators for fraud cases that harm investors.

I don't know if you noticed but you replied to the post from 2019 ..
Back then, there were actually many more scams on the cryptocurrency market. Investors have learned to do good research and can distinguish scam much better, which is why it is not profitable for fraudsters to invest in the preparation of all the necessary documents, because there is a high risk that even this will not be returned to them.
When it comes to bounty campaigns, hunters have learned that it is better to join campaigns managed by experienced managers, as they also know how to distinguish scams.

kak uli

full member

Activity: 1246

Merit: 103

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

In my opinion, this year not many projects have experienced scammers, but if we find such bad treatment of bounty project holders, we can also report them to the moderators for fraud cases that harm investors.

Henrobakkara

full member

Activity: 1512

Merit: 115

One of the best ways I think this can be addressed is if all are united against any project that is found to be a scammed project especially the ones that come through the forums as in, run their Bounties here. Once the Forum owners, Bounty managers team with the Hunters to mount a campaign against any project that scam hunters in any way, by hitting them via every social media pointing out how they have scammed BMs and Hunters most especially, I believe we will have less of issues like that happening with bounty campaigns.

wmaurik

hero member

Activity: 2058

Merit: 710

Quote from: carrigan on July 24, 2021, 06:41:46 PM

Yes, 2018-2019 is a so bad time for bounty hunters and also for investors. There were too many scam ICO projects at that time. I still remember that I ever stopped working bounties for a while because of no earning at all. I am sure you also did the same as me, reducing the number of following bounties or even stopped temporarily. A better era of bounty just started after IEO became trending to replace ICO. Till now, most bounty hunters prefer to join bounties provided by IEO projects.

That's obvious, but when the IEO trend is running, there are also many scammers who take advantage of it by creating several IEO projects that are eventually listed on bad exchanges like P2PB2B, it also indicates that the scammers never stop setting traps for everyone people in the crypto space.

carrigan

member

Activity: 728

Merit: 12

Quote from: DPrillio on July 24, 2021, 06:13:07 PM

2018 is the highest rate of scam project base on my obervation and experience

Yes, 2018-2019 is a so bad time for bounty hunters and also for investors. There were too many scam ICO projects at that time. I still remember that I ever stopped working bounties for a while because of no earning at all. I am sure you also did the same as me, reducing the number of following bounties or even stopped temporarily. A better era of bounty just started after IEO became trending to replace ICO. Till now, most bounty hunters prefer to join bounties provided by IEO projects.

DPrillio

full member

Activity: 693

Merit: 100

Quote from: hamba laeh on July 24, 2021, 05:49:27 PM

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

not only this year because this problem has been going on for a long time and until now fraud still exists. and nothing can stop it. and since I joined the bounty campaign until now there is nothing I can do, but I can only surrender and forget the wasted time. and start following better campaigns. so my advice before joining the bounty campaign then you have to look at many things so that you are not deceived.

2018 is the highest rate of scam project base on my obervation and experienced eventhough how carefull we are on selecting bounty but still we can't avoid and maybe thats the reason why there are now less bounty hunters but it doesn't stop me because i always look for opportunity regardless the time wasted.

hamba laeh

full member

Activity: 798

Merit: 100

Reward: 10M Shen (Approx. 5000 BNB) Bounty

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

not only this year because this problem has been going on for a long time and until now fraud still exists. and nothing can stop it. and since I joined the bounty campaign until now there is nothing I can do, but I can only surrender and forget the wasted time. and start following better campaigns. so my advice before joining the bounty campaign then you have to look at many things so that you are not deceived.

BintangBuleun

full member

Activity: 517

Merit: 100

Quote from: Cracker563 on October 20, 2019, 01:30:53 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 think this problem is nothing new. Many of the project CEOs do not pay participants. They gave many reasons, some ignored it when asked by participants. Recently I saw a lot of complaints that occurred in a new project, maybe you can check on the Bounty site, the Telegram group. They don't value the participants and just ignore them. Maybe there is no solution for this problem, because this problem has happened many times but not solved till now.

rahmathidayat93

full member

Activity: 910

Merit: 101

Quote from: ?? on ??

Overcoming the many scamers in the crypto space is very difficult, when one can be overcome, another will appear, we can only judge which project has the smallest possible scam.

Yes, eradicating fraudsters in the crypto space is a very difficult thing because they are also smart enough to create fake projects that are almost similar to the real ones, thus making some people and investors trapped into it.

ahmia39

sr. member

Activity: 1400

Merit: 251

Trident Protocol | Simple «buy-hold-earn» system!

Quote from: CoolerSid on July 21, 2021, 12:49:58 PM

The development of cryptocurrencies inevitably entails the spread of scam projects. So the process is endless

I was a little surprised when you said the development of cryptocurrencies definitely requires the spread of fraudulent projects, so I just want to ask you, why is it necessary? while the project scam makes victims and losses for investors who enter there.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Quote from: Gayong88 on July 14, 2021, 01:43:41 PM

I have participated in so many bounty campaigns, the selection is still based on who the manager is in favor of it. It is very reasonable that we have been bound along with our time and energy in completing all the tasks that have been specified in the rules of a campaign that we have registered/followed, meaning that after everything is appropriate our schedule is not in vain and we get rewarded even though the distribution is delayed and sometimes changes and decreases.

Many of the good bounty managers are no longer active in this forum. The problem is that whenever something goes wrong with the campaign, the bounty manager receives the entire blame. The users don't really care whether the bounty manager can do anything within his power or not. In many such instances, the campaign manager may also be a victim. After a while, many of the honest bounty managers decide not to participate in such campaigns. And the new projects opt for relatively inexperienced campaign managers. And this opens a can of worms, as most of these new managers may not be honest.

Rakeshten

member

Activity: 280

Merit: 11

The reason to run a bounty is that the project's name is repeated again and again on social media so many people are interested to check the project.
Let's take an example if you see any project's name daily on social media. I am sure you must check it out once. So in this bounties are profitable for projeccts.

Baihaki Khaizan

full member

Activity: 700

Merit: 100

crime often happens everywhere, in some crypto projects it has also happened very often so that many people have experienced severe disappointment, but we as lovers of the crypto world should not be discouraged, I believe even though it is difficult this can be overcome by working together eradicate it and narrow the space for scammers.

Devifajarina

full member

Activity: 602

Merit: 102

Trident Protocol | Simple «buy-hold-earn» system!

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

What we have to do together is no longer follow every project they put out, never give trust again to those who deliberately commit fraud, so that no matter what they do, no one wants to follow.

We have to give a big deterrent effect to people like this, so that in the future there will be no more people who want to deceive anyone, the cryptocurrency world is indeed very vulnerable to the behavior of those who like to cheat, especially for beginners who don't really know about the crypto world. and projects offered.

To keep an eye on them, we need to work together to control their ridiculous behavior, if any of us find any fraud committed by them, then report it to the public so they can discuss the decision to be taken, so that everyone will be saved from their evil deeds.

This is the function of discussing in the forum, so that when there are new things related to fraud, we already know and have the option not to get caught up in their project, this option will be born if we can find out first, before they make a real lie.

Topic: Scam Projects and Bounty . Way forward?? - page 3. (Read 4489 times)