Topic: Scammed coins added in bounties (Read 231 times)
probably because they are not too concerned about it or do not know that the project is really scam. because most people's thinking is? how to benefit a lot. so they can only invest it without care about the information. it is in my opinion
Some reason why many are scammed in bounties is because they do not take time to read all necessary informations on the group or even carry out their person research on the previous works of the management team themselves before jumping into it. I think people should take their time to know everything needed about a particular project before investing or buying. take time to check the track record of the team members, past records on the crypto space, check their telegram group for ratings of the project and the respond of the admin.
Hey everyone I just want to take your insights about this. I have noticed that some platforms included in the bounty are fraud but is still considered by the site (with all respect to those platforms with legit purpose). How is it possible?
Bounty manager check projects before managing their bounty but if still any scam coin they miss then we should pm it to manager to let him know and then wait for his response .
bcoz scam ico will not only scam investors but also waste time of all bounty participants .
Hey everyone I just want to take your insights about this. I have noticed that some platforms included in the bounty are fraud but is still considered by the site (with all respect to those platforms with legit purpose). How is it possible?
What do you mean by considered by the site? Do you mean that it is tolerated by this forum? It's not the job of this forum to check every platform here if it is legit or not. As an investor, it is our duty to know the legality of the business where we will invest. Do not blame this forum if there are scam platforms here. Do your own research!
What is this website that doesn't care if the bounty is scam? They should be the one that do their job with due diligence of not listing it.
And instead of listing it they should start delisting it so that people who are into bounties will not be a victim.
And instead of listing it they should start delisting it so that people who are into bounties will not be a victim.
This is not actually avoidable since cryptocurrencies are initiated through web. Cryptos are definitely advertising and promoting its use. Companies and projects would definitely make their fund raising through, heir own tokens to pump and at this point it could either be a good one or aend up being scammed. Able to create coins easily is one of the disadvantages of Cryptos. This gives higher risk for everyone.
Yes I did said that being scammed is unavoidable but can be prevented with proper knowledge. If you know how to research well first then you would get caught up like that.
Yes I did said that being scammed is unavoidable but can be prevented with proper knowledge. If you know how to research well first then you would get caught up like that.
You mean about ICO top rank listing site right! They are mostly spiking up the ICO at the top for the amount they got as advertising cost. I advise do not believe the any ICO listing site.
Instead of that you can go with the forum always ask your query with the new thread. Here you can get the answers from the experts that's enough to find to good ICO. Upon confirmation you can check the project on bounties section.
Instead of that you can go with the forum always ask your query with the new thread. Here you can get the answers from the experts that's enough to find to good ICO. Upon confirmation you can check the project on bounties section.
I think, because still many peoples in here who did not understand the world of crypto clearly,
Or maybe we only take advantage of opportunities from bounty campaign to make money.
So we rarely think about to learn first the more basic things.
Or maybe we only take advantage of opportunities from bounty campaign to make money.
So we rarely think about to learn first the more basic things.
The reason why many are scammed is because they do not take time to familiarize themselves with the available bounties before jumping into it. I think people should take their time to know everything needed about a particular project before investing or buying. take time to check the track record of the team members, past records on the crypto space, check their telegram group for ratings of the project and the respond of the admin.
Hey everyone I just want to take your insights about this. I have noticed that some platforms included in the bounty are fraud but is still considered by the site (with all respect to those platforms with legit purpose). How is it possible?
Care to share what platforms you have noticed that are scams? So that proper action can be put up in place and they will be tagged and people have been giving fair warning.
Its going to hard for the mods or admins to catch scam ICO unless someone calls it. So I suggest you give us the link so that we can evaluate and notice should be given to everyone (if indeed it is a scam ICO) who are going to invest on it.
A lot of scam project want to take a piece of this market. I personally study a lot of project and the nearest scam project called "TechSpecs". After they took the investor money, they disappear, their website was shut down. Because we are living in the free world, make a deep study before you invest on those trash project.
It should not happen and fraud should be handled and taken care of, because we know that such deception is very harmful to us all.
Hey everyone I just want to take your insights about this. I have noticed that some platforms included in the bounty are fraud but is still considered by the site (with all respect to those platforms with legit purpose). How is it possible?
What do you mean by considered by the site? Do you mean that it is tolerated by this forum? It's not the job of this forum to check every platform here if it is legit or not. As an investor, it is our duty to know the legality of the business where we will invest. Do not blame this forum if there are scam platforms here. Do your own research!
For me before i participate in any ico’s i gonna make sure to read all their ANN,Whitepaper,RoadMap etc, and of course the team of the projects and the bounty manager if they had a past projects that succeed by then im comfortable to invest my money to their project and join to their bounties as well.
Many people want easy money because of laziness. Be careful of what ico to choose my strategy to pick a legit ico are always make a research before i join then one of the best way to choose is check if who is the bounty manager this is the most good way to pick an ico because bounty managers always checked if what ico they're managed one of the reason is if they're managed an scam ico and endorse it in community if they're spotted by the moderators they're will permanently banned of course all of us don't want to be permanently banned.
Then reason why many are scammed is because of lack of not Willing to do their own research first, Which is very bad. If we think some where can make you better by putting your own money first. You have to do a diligent research on such thing before putting your money. The same thing happen to ICO investment or participating in Bounty program. Before investing your money in any ICO you have to check the rating of the project first... Check the track record of the team members, check their past recond on the crypto space. Always ask useful question and look response, check their telegram group they way people are rating the project and the respond of the admin will make you to have confidence and then invest.
Hey everyone I just want to take your insights about this. I have noticed that some platforms included in the bounty are fraud but is still considered by the site (with all respect to those platforms with legit purpose). How is it possible?
People like money and when you see that ICO is a hot topic today, it shouldn't be hard to spot scammers all around the place. People are not doing their own research regarding this matter and this is mostly why they fall off and get scammed. As it goes for bounty campaigns one of the key points is checking websites that rate ICO projects and checking who is the campaign Manger. Because reputable campaign managers know what they are doing and because of that, the way they want to stay and be the best, it comes with much lover risk of getting scammed. Of course project can be good but have little success so Ben if it's not the scam it can fail pretty bad.
Many people don't care much and that's why and how these guys are able to pull scams. Not many people are willing to put in the work as it requires a lot of researching, a lot of reading etc. But everybody would like to quick earn from bounties or to invest into something and become millionaires. Of course it is achievable but it's not an easy task. Many ICOs simply opt as an "online" companies without even being registered or what so ever, this is not a game and there are few things that are regulated and you have to comply with your guidelines provided by your country.
wild west of no due diligence (no KYB (know your Business))
many ICO's claim to be fundraising for a company. if so then that company should release PROPER real world office location information
many ICO's claim to be insured. if so then they should publish insurance company that the policy is with and the policy number
that way people have something to research and to due diligence(KYB) before investing. and...
that way if things go bad investors have something to go to and slap a court order/insurance claim against them
if they are ICOing a decentralised no company coin. then be very prepared to lose everything. 99.9% of these coins have no real function and utility and 99% will not even flourish into actually being a tradable coin at release date.
so be careful
many ICO's claim to be fundraising for a company. if so then that company should release PROPER real world office location information
many ICO's claim to be insured. if so then they should publish insurance company that the policy is with and the policy number
that way people have something to research and to due diligence(KYB) before investing. and...
that way if things go bad investors have something to go to and slap a court order/insurance claim against them
if they are ICOing a decentralised no company coin. then be very prepared to lose everything. 99.9% of these coins have no real function and utility and 99% will not even flourish into actually being a tradable coin at release date.
so be careful
Hey everyone I just want to take your insights about this. I have noticed that some platforms included in the bounty are fraud but is still considered by the site (with all respect to those platforms with legit purpose). How is it possible?
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