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Topic: Why would you do bounty works for projects that are clearly scams? (Read 164 times)

jr. member
Activity: 121
Merit: 1
The World’s First Blockchain Core
Yes that can be because too many people dont know everydetails about these bounties or icos. They are only joining with hopes. Lıke in real world. Everypeople cannot learn everydetails about everything so they are joining these scam bounties. We need to inform these guys about that. That should be our mission. We need to protect our crypto friends
member
Activity: 322
Merit: 20
I don´t and the mere idea is quite stupid, since the bounty hunters are getting paid in tokes, so if the project is a scam then the token is worth nothing and they get nothing.
full member
Activity: 952
Merit: 107
The same reason people invest in ICOs that are scam because they might not have done enough research, greed, etc.
You're right, there are a lot of greedy people here. and probably because they do not have a deep analysis, so they just want to "just go" to get a free token just by doing the easy thing
That is worst thing to still follow the project when everybody tell that it is already scam. That hunter do not updating the project just continuing what his doing and wait for the good reward. Even in the real state, there are people who scam other people for easy money. People are getting greed though they know that they are being used. Scam project, even how long you are loyal and believe on it to pay, at the end it worth nothing.
full member
Activity: 518
Merit: 100
Well I don't do bounty works if a certain project is already flagged down by the community or it has an obvious call as a scam project. Because it will just consume my time and effort for doing a bounty work that would not pay me , And obviously it would not have a value in the future
sr. member
Activity: 1123
Merit: 253
I see there are several projects that have been flagged by the community as clearly scams. For example, some used fake team members. However, I still see some who do bounty works or apply for airdrops. I think it partly comes from not knowing that it’s a scam. I am pretty sure I signed up for some scam airdrops through telegram groups without knowing it was a scam. Some might be just internal scammers doing it to make it look legit as well. What are your thoughts?

You know what the problem is? The problem is that majority of the people here are not doing their basic responsibilities before joining a certain bounty campaign. They sign up in a particular bounty not knowing the basic ideas and objectives, the team, the history, behind the project. They do not even care to visit the project's website and their ANN threads. How would you expect them to know that they are already promoting a scam?
legendary
Activity: 2282
Merit: 1041
I see there are several projects that have been flagged by the community as clearly scams. For example, some used fake team members. However, I still see some who do bounty works or apply for airdrops. I think it partly comes from not knowing that it’s a scam. I am pretty sure I signed up for some scam airdrops through telegram groups without knowing it was a scam. Some might be just internal scammers doing it to make it look legit as well. What are your thoughts?

Some people just join bounties without even reading through the white paper or even doing a back ground check on the team behind the project. It's always better to do your own research before joining any campaigns, because you are offering your skills and effort, it's also the same as investing.

Sadly that is not what is happening. We don't read much these days but we keep on participating even sending much ETH to a project that is  still an idea, not knowing its just an idea even with funds to the team. I guess everyone had already been a victim of a scam ICO. I did send some ETH and BTC to several project supported by accomplice high rank users.
hero member
Activity: 1316
Merit: 503
I see there are several projects that have been flagged by the community as clearly scams. For example, some used fake team members. However, I still see some who do bounty works or apply for airdrops. I think it partly comes from not knowing that it’s a scam. I am pretty sure I signed up for some scam airdrops through telegram groups without knowing it was a scam. Some might be just internal scammers doing it to make it look legit as well. What are your thoughts?
Why should we struggle to work for a scam project? of course we do not want, we only work for projects that have innovating products.
member
Activity: 368
Merit: 18
I see there are several projects that have been flagged by the community as clearly scams. For example, some used fake team members. However, I still see some who do bounty works or apply for airdrops. I think it partly comes from not knowing that it’s a scam. I am pretty sure I signed up for some scam airdrops through telegram groups without knowing it was a scam. Some might be just internal scammers doing it to make it look legit as well. What are your thoughts?

Some people just join bounties without even reading through the white paper or even doing a back ground check on the team behind the project. It's always better to do your own research before joining any campaigns, because you are offering your skills and effort, it's also the same as investing.
legendary
Activity: 1274
Merit: 1000
The same reason people invest in ICOs that are scam because they might not have done enough research, greed, etc.
You're right, there are a lot of greedy people here. and probably because they do not have a deep analysis, so they just want to "just go" to get a free token just by doing the easy thing
full member
Activity: 392
Merit: 101
The same reason people invest in ICOs that are scam because they might not have done enough research, greed, etc.
member
Activity: 182
Merit: 18
Bounty hunters are the main distributors of the scams. It's their actions that help scammers collect millions, from which hunters end up with 0 or still manage to profit from the share of the result of scam. You can minimize or completely exclude the support of the scams, doing your qualitative analysis of projects before supporting someone. Don't be lazy, this will increase your income and will be useful for the ecosystem. Otherwise, you will remain practically an accomplice in crimes.

Personally, I don't support projects in which I would not invest at least 1 bitcoin. It's better to be a quality contributor to worthy projects than a bounty hunter who rushes at everything. I'm not talking specifically about you, I'm generally talking about the current situation in this issue Wink

Your 1 bitcoin idea makes a lot of sense. Why contribute to something if you don't want to invest. Thanks for the insight.
full member
Activity: 392
Merit: 100
I see there are several projects that have been flagged by the community as clearly scams. For example, some used fake team members. However, I still see some who do bounty works or apply for airdrops. I think it partly comes from not knowing that it’s a scam. I am pretty sure I signed up for some scam airdrops through telegram groups without knowing it was a scam. Some might be just internal scammers doing it to make it look legit as well. What are your thoughts?
now there are a lot of fraudulent companies. you need to carefully select a project for investment. sometimes people do not even suspect that they have invested their money in a scam!
legendary
Activity: 2436
Merit: 1008
I see there are several projects that have been flagged by the community as clearly scams. For example, some used fake team members. However, I still see some who do bounty works or apply for airdrops. I think it partly comes from not knowing that it’s a scam. I am pretty sure I signed up for some scam airdrops through telegram groups without knowing it was a scam. Some might be just internal scammers doing it to make it look legit as well. What are your thoughts?

Others are not aware that's why. There are people who will hunt bounties and will disregard if it's scam or not as long as they joined. Actually you can see there are bounty hunters who are still submitting reports even the bounty was closed so I will not surprised if someone will still do bounty works even the project is scam.

And for internal scammers, that is possible as for them to make legit, they must do some tricky things to attract people.
member
Activity: 504
Merit: 16
Well Undecided, sometimes your leg only get trapped with scams ICOs , not only participating in bounty , but even as contributor, in some ICOs you find out their WP as solid as the others disruptive innovative ICOs, and the rating of ICO is high, and simply all of sudden you get scammed!

Personally, I get scammed by Benebit ICO  Embarrassed
hero member
Activity: 798
Merit: 503
I see there are several projects that have been flagged by the community as clearly scams. For example, some used fake team members. However, I still see some who do bounty works or apply for airdrops. I think it partly comes from not knowing that it’s a scam. I am pretty sure I signed up for some scam airdrops through telegram groups without knowing it was a scam. Some might be just internal scammers doing it to make it look legit as well. What are your thoughts?

For those that have been clearly cut out as scams, then the moment you know about it, its just right for anyone who value his name should pull out of such campaigns but most of it still boils down to not knowing because a lot of bounty hunters just go about what they do without even checking the ANN thread or the scam section of the forum to know what's is going on and I think a lot still needs to be done on that. For those that clearly form a fake team, there are no two ways to their scam intentions which should be dealt with accordingly by the forum moderators.
full member
Activity: 294
Merit: 100
Well , there's a lot of project that turn to be a scam. You just need to choose where your time worth.
As for the bounty hunters, I don't know why they fall for that kind of scams. If it is look suspicious then don't join.
full member
Activity: 364
Merit: 138
dApps Development Automation Platform
Bounty hunters are the main distributors of the scams. It's their actions that help scammers collect millions, from which hunters end up with 0 or still manage to profit from the share of the result of scam. You can minimize or completely exclude the support of the scams, doing your qualitative analysis of projects before supporting someone. Don't be lazy, this will increase your income and will be useful for the ecosystem. Otherwise, you will remain practically an accomplice in crimes.

Personally, I don't support projects in which I would not invest at least 1 bitcoin. It's better to be a quality contributor to worthy projects than a bounty hunter who rushes at everything. I'm not talking specifically about you, I'm generally talking about the current situation in this issue Wink
member
Activity: 210
Merit: 10
WINSTARS - We are changing the face of gambling
People wont have any idea if the project is a scam if you dont do your own research,the team profiles should be in public if there are something that is right in their informations do not join these campaigns,they should be active in both telegram and website so that you will be sure that these people are generous,even these bounty managers arent too sure if they will get paid at the end of the ICO.
member
Activity: 182
Merit: 18
It is only when people do not know that the project is scam that they will continue to project such projects. I am also a victim of scam airdrops where i was asked to donate some ether and get some tokens of the coins there are trying to sell through ICO. I donated and till now i did not receive the promised tokens.

I am sorry to hear that Sad
member
Activity: 182
Merit: 18
I see there are several projects that have been flagged by the community as clearly scams. For example, some used fake team members. However, I still see some who do bounty works or apply for airdrops. I think it partly comes from not knowing that it’s a scam. I am pretty sure I signed up for some scam airdrops through telegram groups without knowing it was a scam. Some might be just internal scammers doing it to make it look legit as well. What are your thoughts?

Well it's very hard to know if a project is a scam or not. Also, some project are not scams but will still fail, because they were to ambitious, or their marketing wasn't effective, or simply because other projects were better then them. These projects will also fail, and some people will even call them scams, although they weren't.

As for your question, when a project completely "smells" like a scam (like a ponzi scheme for example) I will simply not do bounties for them, and most users in the community won't do it either, because this would make them scammers as well, and earn them negative trust. What kind of scam projects have you seen in this forum, that were supported by it's users?

Like this project
https://bitcointalksearch.org/topic/airdropsbounty-tourist-token-decentralized-travels-and-real-estate-token-2981196

I helped to flag them on the day they came out. They now moved to self moderated thread.
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