To avoid participating in scam project the first thing to do is to educate yourself and get some ideas what to consider before joining so your effort wont be wasted in the end.
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There are many scam bounties and they don't have heart of getting the money of people. If they are not updating their social media accounts and not answering your questions on telegram then there are not serious with their project.
Indeed. I saw so many threads with posts complaining about bounty campaigns that are not paying the participants or even worse they dissapear with ICO funds also. What I can say is that a bounty campaign must be available only after the team officialy presents that they have separate funds for bounty hunters and this should not affect the ICO itself or the bounty hunters. I think it's a little difficult, what if the project does not reach the soft cap, they will return the investors money and make ico again a few months ahead, and of course they have to pay, for the ico failure they make. of course this idea is very good for bounty hunter, but not for ico providers, they will think to make ico because they have to spend money to promote it even though ico is succeed / fail, the positive side i guess ico fraud will decrease because they have to pay some money for the project they will make. Why are there so many scam bounties out there and how are we to know which is scam or not Yes I absolutely agree. There's so.many scam bounties right now, that's its really hard to choose a legit one because of lack of knowledge how to know if that bounty are only made to scam . You can hardly Identify if that bounty is a scam. Just read and search more about the bounty you want to join with, a bounty that is worth investing our time..
in my opinion, if I also want to know how to find out whether the thread of the gift is a lie.
Because most of the time I participated in the prize strands because I like it and the profit is also quite large.
Yes, that is really a big problem. I think even ICO ranking sites cannot help to filter the scams. It is sad to see if a campaign becomes scam after you complete the bounty campaign. Because you have wasted your valuable time there.
If youre not good in finding a legal bounty then many times you will be scam.as a first timer in bounty i experience scam also i do all my best to perform my duties as member who join in their bounties in the end all my effort wasnt paid by bounty manager but it didnt stop my self to join again because i know that being patient will be worth in the end.
You can know which one best bounty campaign or which one bounty scam by looking how much their ico token was sold, have reached soft cap or not on pre sale. By reaching soft cap on pre sale is one way how the ico will be success and bounty campaign is not scam. I am looking first about how much their token was sold before joining their bounty campaign, if there are less of token sale I will not joined their bounty campaign.
because it's easy enough to look like a legitimate ICO, with a good web design is enough to attract several investors, so you always have to see the project in depth (whitepaper, roadmap, team behind) and if they have a good bounty manager behind, these are some tips to minimize the risk with ICOs, but there will always be a risk
This is of course because the longer the ICO project, more and more, and also a lot that is getting a good deal. Then, many people who are not responsible for utilizing this State to act evil. That is to create a project that is a scam. Or it could be because the number of existing ICO is not proportional to the number of existing investors. So many projects fail.
Not just bounties but ICO as well, too many set and forget ICO after the funding is done the project is left to rot, btt is overflowing of alt account just to farm bounties, it becomes so congested its annoying seeing them in every thread,
it's true that so many bad bounty right now, take to long to get payment or ended did'nt get the payment. should be wise and more careful right now
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