Author

Topic: Yumerium and bounty hunters - Looks like a SCAM (Read 1066 times)

jr. member
Activity: 247
Merit: 1
December 12, 2018, 11:38:34 AM
#91
This is one aspect of Bounty hunting that is very painful,  you will work and spend your time and energy on a bounty only for it to finally come out as Scam. Bounty hunters should not be treated badly cos if not for them most of this ICO wouldn't have been possible
full member
Activity: 1400
Merit: 103
This whole situation is very sad, but not surprising. Now the situation on the cryptocurrency market is too complicated. projects began to collect very little money and, accordingly, our payments became much less.
Now payments from bounty campaigns are small, but this is no reason to remain silent about the fact that the team of developers of the Yumerium project is incompetent, because it indicated a bounty pool of the total number of tokens. And when had finished their tokensale then they decided to replace the data in the first message of the bounty theme. But BM did not go for it and leave it as it is.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
This whole situation is very sad, but not surprising. Now the situation on the cryptocurrency market is too complicated. projects began to collect very little money and, accordingly, our payments became much less.
Because if that project was using the result of ico to determine how much that will have used to pay the bounty hunters and if that was getting a little funds and bounty hunters get a little allocation. This was happening in so many times and i don't get any surprise with it,
sr. member
Activity: 602
Merit: 250
This whole situation is very sad, but not surprising. Now the situation on the cryptocurrency market is too complicated. projects began to collect very little money and, accordingly, our payments became much less.
copper member
Activity: 364
Merit: 1
Woww.. I participated in this bounty but lost interest at a point. It's unfair if hunters are treated with disregard. Something should be done about this kind of things.
full member
Activity: 1400
Merit: 103
Oh no. I have took part in Yumerium bounty and still waiting for my tokens. But hey, I have checked them and it looked really amazing, no signs of scam or something like this. Hope it will be clarified pretty soon.
Which campaign did you participate in? In the final SPREADSHEET it's not your data. Or you just decided to write a post in this thread?
member
Activity: 812
Merit: 10
https://hovr.site/
Too bad for investors i just hope they didnt raise that much though Sorry to all the bounty hunters
full member
Activity: 1064
Merit: 101
This seems like a modus operandi for more and more shady and semi-shady projects. Implying pressure on the team is indeed the right tactic, as they cave in a lot of times. I did not participate in this particular campaign, but fingers crossed that you manage to corner them and achieve your goal.
full member
Activity: 700
Merit: 100
This is only one of the projects, but at the moment there are a lot of such projects and all of them eventually do not pay fully to bounty hunters, as in most cases our awards are either cut or delayed.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
from anywhere this is indeed fraud and there must be consequences, in the past I thought that this was a natural thing and just kept quiet but if this continues and there is no punishment for them then there will be no deterrent effect and fraud will continue to spread like mushrooms
jr. member
Activity: 462
Merit: 1
Sadly, of course! I also participated in this company, they were reliable and large, and if they paid the promise, it would be cool!
jr. member
Activity: 336
Merit: 1
Obviously this is done intentionally, I guess one of the reasons why Amazix  depart with Yumerium as the bounty manager, it's a total rape of bounty hunters by cutting bounty pool by 30*. I just hope the devs would start seeing bounty hunters as strategic partner and important as themselves too at least they cannot do without bounty hunters so why are they treating bounty hunters like pieces of s****
jr. member
Activity: 280
Merit: 1
He participated in the bounty of course very sad that it did with the hunters , I think you need to do these projects at all!!

I know this is bad news for the hunters. He participated in this company. I can't figure out if 2% of the total pool is allocated for a bounty, usually counted from tokens sold. In this case, if the fees were much less than planned, the company, unfortunately, reduces the fee. So, for example, it was with the project AltEstate.  Who has data on the charges?
jr. member
Activity: 182
Merit: 1
He participated in the bounty of course very sad that it did with the hunters , I think you need to do these projects at all!!
sr. member
Activity: 644
Merit: 250
Oh no. I have took part in Yumerium bounty and still waiting for my tokens. But hey, I have checked them and it looked really amazing, no signs of scam or something like this. Hope it will be clarified pretty soon.
That is, you are satisfied with the fact that the team of this project has dropped the award 30 times? I, of course, understand that they have not collected the maximum amount, but to reduce the pool from 12 million coins to 600 thousand is in my opinion too.
jr. member
Activity: 322
Merit: 2
That is a serious offense and a total disgrace actions towards the bounty hunters. This project should be given good punishments or sanctions for their actions. I felt sorry for the bounty hunters that are joining this campaign. Better find a better one that is more useful and trustful compared to this.
copper member
Activity: 210
Merit: 0
KNL Ecosystem - Invest. Trade. Earn.
Oh no. I have took part in Yumerium bounty and still waiting for my tokens. But hey, I have checked them and it looked really amazing, no signs of scam or something like this. Hope it will be clarified pretty soon.
hero member
Activity: 575
Merit: 500
project developers behaved very ugly towards the people who helped them. With this act they have spoiled their reputation. Now, no self-respecting investor will pay attention to this project.
That simply shows the level at which the bounty space is even being abused by project owners and one of the reasons why something should be done about it. Sure, in most of the rules like someone stated it out, the bounty manager and the team reserve their right to make changes to the terms in any moment, but I believe it is an absurd thing to really end up denying people what they actually deserve in the first place.

This is not actually a project I would want to be investing in anyway, asides all these, there is a huge red flag and it just shows that bounty participants always tend not to do their research before joining a bounty.
jr. member
Activity: 490
Merit: 2
Is reporting to the police for the case of a digital currency that actually has not received legality from the government is a legitimate action? if so, then it's a good thing to report this incident. I hope this problem can be resolved.
sr. member
Activity: 602
Merit: 250
the project was just awful to the bounty hunters. I think this act will not go unnoticed. Investors will turn away from a project with such a damaged reputation and will not invest money in it.
member
Activity: 448
Merit: 10
I think that changing the project's plan and perspective is unethical way and also a fraudulent act. I also think that every project on bounty campaigns seems like this, they promise to give these and that but it is not implemented upon the project is finished. So in that case, we must be choosy on participating good bounty campaign. Not just enlightened by their plans and by their project allocation.
sr. member
Activity: 574
Merit: 251
Almost similar to glitzkoin but it seems like it is worse than that, I don't understand why the project handled by amazix this year is a lot of problems
Amazix abandoned this project and another manager led the second round. Which by the way tried to reason with the team and was on the side of the hunters for generosity. so managers have nothing to do with it. blame the developers who were scoundrels.
hero member
Activity: 1498
Merit: 537
Too many scams for now. in my opinion now I have to be careful and selective if we want to join the bounty campaign. because now there are a lot of deceptive projects
many people have complained about the many frauds that exist
jr. member
Activity: 140
Merit: 1
I also heard that this project was a scam. true or not - we'll see
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
-snip-
Well, it depends on the reason why the participant's payment was reduced in the first place and that does not necessarily make them a scam. Unless it was not mentioned at first, but these days in most bounties, I am sure a lot of people who read rules often would have come across the aspect where the team always mentions that they have the right to make changes to payment in the long run based on the number of participants. So, if you were not comfortable with that you should not have joined, the problem is that a lot of you usually don't read rules.

Nonetheless, it is nothing new today that most of the projects we get to see today are being organized by fraudsters, which is why you should always try as much as possible to do your due diligence first.
full member
Activity: 566
Merit: 107
Almost similar to glitzkoin but it seems like it is worse than that, I don't understand why the project handled by amazix this year is a lot of problems
full member
Activity: 644
Merit: 101
I am very happy to see how many people have become more active towards the actions of the Yumerium project team, because today such actions are very common. We are bounty hunters, we need to unite in order to prove that it is impossible to do this to us.
hero member
Activity: 854
Merit: 500
Almost all projects have such loopholes. But there are some human relationships, except this. We helped to promote the project for almost half a year, and finally we received from the administration a such kind of ingratitude. If they have done such a thing to people who believed in their project at the early stage, then how they will behave with investors.
member
Activity: 588
Merit: 10
Bounty Detective
It seems to me that many here are mistaken or do not understand what they are talking about. They confuse Fraud and Meanness. The developers of the Yumerium project are scoundrels, but I have no right to call them scammers.
member
Activity: 434
Merit: 10
This is their rule:
YUM, Yumerium Token is a gaming token that can be earned by playing, sharing, and reviewing games and spent in any game that supports Yumerium. Game developers can use YUM to attract and engage with users by using marketing tools such as referral bonus or airdrop/bounty campaign.
A total of 2% (12,676,274 YUM) of the total token supply will be assigned to the Bounty Pool.
The program will run until the end of the Token Sale (24.07.2018). Payments will be made 30 days after the completion of the ICO. Pool divided between bounty rounds 50/50.
Distribution of rewards for the Bounty campaign:
1 Round: 6.338.137 YUM (1%)
2 Round: 6.338.137 YUM (1%)

But they only counted for all round is  263620YUM

I think they scam bounty
full member
Activity: 1400
Merit: 103
Hi, GREENch!

I'm, yura04071989, conducted YUMERIUM bounty Round 2. The entire bounty campaign was calculated and even more, given the incorrect assessment of the first round of content creation - we rechecked it for free at the request of the bounty members. On October 26, all google forms and spreadsheets were counted and transferred to the YUMERIUM team. Our work on this was completed and according to the CEO's distribution of tokens was supposed to begin within a week from the moment of transfer. Then in the bounty management chat, a message was received from the CEO that 2% could not be distributed. We provided all the arguments regarding the fact that the company does not fulfill its obligations to the participants of the bounty. Considering the situation on the market and a small volume of sales, we proposed to make the distribution of tokens in parts, or freeze the tokens of the participants of the bounty and unfreeze them after a lapse of time, but pay the participants' reward in full. The team said that would think about this option.
A few days later, the team wrote that they finally decided that in this situation, some of the tokens will be burned and the bounty payment will be 2% from 26,362,027.94 YUM. And they ask us to remove the size of the bounty pool and the related figures from the bounty thread to avoid misunderstandings due to changes.
1)We did not change Bounty thread!
2)We also didn't ban participants who express their opinions either in the main chat or in the Bounty chat.

In the picture above, there are 2 figures:
263620.3 - the amount that the team left for bounty round 2 (similar to round 1)
and 6338137 - the amount that we left in the cap since this was the initial condition that the campaign refused to fulfill.

Unfortunately, this decision of the project team, on which neither the first round team or the second round bounty team can in any way influence, our opinion is extremely negative about this attitude of the development team towards the participants of the bounty and they (the development team) know about it.
Hi, yura04071989.

Thank you for explaining the situation. It would be nice if you could attach screenshots of the negotiations with the development team. I think that on the basis of these data, everyone who wants to show the true face of the YUMERIUM project will be able to write articles. It will also be possible to send the material to well-known crypto publishers for publication.

Many of us tried to negotiate for compensation but it wasn't successful.  We didn't have a good reply from the team abd most of the bounty hunters are banned from the Telegram chat.  This is very bad.
In the rules there is a clause saying that the developers could change the amount of payments. And to call them scammers is not true, they did not break the rules. We had to consider the possibility of such a development.
full member
Activity: 644
Merit: 100
ICO must understand that positive bounty hunters will write about it in the hundreds of sources, when they making unfair moves they will say about this thousand places. Crypto community is quite small, and doing such things will show everybody their real attitude to the community. In fact I don't know about this ICO anything, but I will remember and never buy them or participate their further events.
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
Well, another ico choose to scam bounty hunters. Not unexpected unfortunately.

Did they reach the hard cap? Or are they giving out tokens with the ratio of raised money compared the hard cap?
member
Activity: 462
Merit: 12
The bounty manager didn’t completely blame it. Each had a choice and opportunity not to take part in the bounty campaign.
By the rules of clause 2, the developers left a spare option for deceiving the hunters - but the hunters decided to take part in the bounty themselves.
P.S. For the future, bounty hunters need to learn more about bounty campaigns and not to participate if they are not completely sure.
sr. member
Activity: 2254
Merit: 258
Once again, carefully re-reading the conditions of participation in the bounty campaign, I come to the conclusion that we can not say that the project SCAM, as they left a loophole:

If we talk about the fact that the project management can be trusted, or I would dare to invest my money in them, then definitely not. But in fact, they did not violate the conditions of the bounty campaign.

That's very ugly and unacceptable so if they change their rule and say we did not hit hardcap so no bounty hunters will be going to get their rewards is that acceptable they can change the rules but not about giving rewards to bounty hunters, bounty manager should be the one to blame if rewards are changed after the ICO.
sr. member
Activity: 574
Merit: 251
project developers behaved very ugly towards the people who helped them. With this act they have spoiled their reputation. Now, no self-respecting investor will pay attention to this project.
member
Activity: 420
Merit: 10
I am participated in the first round of his bounty campaign.
How i understand they want to pay 2% from raised funds, and if they sold small amount of tokens, then there all is fair, or i am not understand something ?
full member
Activity: 434
Merit: 100
indeed the team was not open, they should have said what was the biggest problem with the project, so they distributed their tokens dishonestly. or indeed from the beginning they intend to deceive all participants
All we can make now - it is tell everyone that this project is a full bullshit, and there is no good future here. Because if you start with a fraud - you product will die very very soon. Bounty participants have helped this project to raise money - and Yumerium abused us!
full member
Activity: 518
Merit: 134
indeed the team was not open, they should have said what was the biggest problem with the project, so they distributed their tokens dishonestly. or indeed from the beginning they intend to deceive all participants
hero member
Activity: 1904
Merit: 510

I saw the yumerium having problems from the first time ico was held. yes, I forgot to read it on meta, if I'm not mistaken but it seems true that this ico has a problem. maybe you should discuss with the team and the developer
however, if sales do not reach the target, this is common
(please correct if I'm wrong).
member
Activity: 378
Merit: 11
Decentralized Digital Billboards
I am ot be surprised from project wich postpone their ICO, cant collect moneys, change bounty managing team.
There is many scam signals duing ico
full member
Activity: 518
Merit: 101
many projects do bad things on bounty hunters, not only Yumerium, whether it's from the team or cheating game bounty manager, indeed we have been required to be honest about being hunters, while those who make their own rules actually violate them
full member
Activity: 420
Merit: 103
I did not expect such a trick. Although I was a little tense when the Amazix stopped working on Yumerium. I think that the bounty manager has nothing to do with it, all responsibility lies directly with the team
full member
Activity: 1400
Merit: 103
Hi, GREENch!

I'm, yura04071989, conducted YUMERIUM bounty Round 2. The entire bounty campaign was calculated and even more, given the incorrect assessment of the first round of content creation - we rechecked it for free at the request of the bounty members. On October 26, all google forms and spreadsheets were counted and transferred to the YUMERIUM team. Our work on this was completed and according to the CEO's distribution of tokens was supposed to begin within a week from the moment of transfer. Then in the bounty management chat, a message was received from the CEO that 2% could not be distributed. We provided all the arguments regarding the fact that the company does not fulfill its obligations to the participants of the bounty. Considering the situation on the market and a small volume of sales, we proposed to make the distribution of tokens in parts, or freeze the tokens of the participants of the bounty and unfreeze them after a lapse of time, but pay the participants' reward in full. The team said that would think about this option.
A few days later, the team wrote that they finally decided that in this situation, some of the tokens will be burned and the bounty payment will be 2% from 26,362,027.94 YUM. And they ask us to remove the size of the bounty pool and the related figures from the bounty thread to avoid misunderstandings due to changes.
1)We did not change Bounty thread!
2)We also didn't ban participants who express their opinions either in the main chat or in the Bounty chat.

In the picture above, there are 2 figures:
263620.3 - the amount that the team left for bounty round 2 (similar to round 1)
and 6338137 - the amount that we left in the cap since this was the initial condition that the campaign refused to fulfill.

Unfortunately, this decision of the project team, on which neither the first round team or the second round bounty team can in any way influence, our opinion is extremely negative about this attitude of the development team towards the participants of the bounty and they (the development team) know about it.
Hi, yura04071989.

Thank you for explaining the situation. It would be nice if you could attach screenshots of the negotiations with the development team. I think that on the basis of these data, everyone who wants to show the true face of the YUMERIUM project will be able to write articles. It will also be possible to send the material to well-known crypto publishers for publication.
member
Activity: 252
Merit: 10
This is terrible. I sympathize with those who participated there. Recently, scammers are becoming more cunning. A lot of people don't want to do bounty anymore. Because of such projects, the mood is falling.
copper member
Activity: 504
Merit: 6
Second project left from Amazix after Equi same thing, they also left flipnick, let's see what will happen on that one too.

I hope that this situation will not happen again with the FlipNpik company, otherwise it will be a shame) they also have a bounty that lasts 35 weeks. And this is a very long time. It remains only to cross your fingers and think about the good)
copper member
Activity: 504
Merit: 6
I saw a lot of information about this project, but I did not think that such an incident would turn out with bounty hunters. This is definitely not fair to the people who worked on advertising the project for about six months. I hope that you will resolve this issue and in case the leadership does not go to the meeting, you will be able to punish them in all fairness.
 Undecided
jr. member
Activity: 413
Merit: 1
I can say one thing that fraudsters are entering a new level. They even hire professional professionals who draw all this to them. According to this information, I can not understand scam. To be honest, little-known projects are much more successful.
jr. member
Activity: 196
Merit: 1
This is very bad of an ICO and its bounty campaign. How can people suffer and work tirelessly for you over several months and you end up reducing their rewards? It is not good at all. Even FTEC did the same thing giving reason that it was as a result of the low token sales. The hunters ended up getting little or even nothing.
legendary
Activity: 2506
Merit: 1517
#1 VIP Crypto Casino
Second project left from Amazix after Equi same thing, they also left flipnick, let's see what will happen on that one too.
jr. member
Activity: 364
Merit: 1
This deceiving and unethical behavior in managing of bounty campaigns is being orchestrated by the team and bounty manager from the beginning of the campaign by deliberately including in the rules and regulations of the bounty the right to make some changes at their own discretion which majority of bounty hunters are not taking cognizance of, the moment we start reading and understanding bounty rules, the less the accusations of bounty scam in respect to bounty pool
full member
Activity: 378
Merit: 100
The Premier Digital Asset Management Ecosystem
And I wanted to participate in the signature bounty. But it was as if I had a premonition of trouble, and I chose another project. I am very sorry for the hunters who were faithful to this project, and they did this to them ... this is a real deception and fraud.
full member
Activity: 420
Merit: 100
“The Premier Digital Asset Management Ecosystem”
Ohh no, I've participated in signature for 9 weeks and 76$ in tokens is something I supposed to receive. 20x decrease 2 days prior to payout, is it legit?
We all know that tokens to be dumped after listing,but I will gain nuts shell in any way.
I was in a project called living stars, I participated in 5 months, and in the end I received coins worth 100 dollars.
member
Activity: 602
Merit: 15
Guys forgot about last time with ALL.me and Repux?Huh? We will show them again!
jr. member
Activity: 196
Merit: 1
 I also participated in this bounty , but of course I did not expect such that there will be a Scam , it's certainly first of all a shame to the team and the project as a whole, I will not wish evil , it will return to the project itself
jr. member
Activity: 406
Merit: 1
Yes Scam is not uncommon, I think it is not necessary to cry because of one project you need to take the amount that was not so sad that something is not paid
sr. member
Activity: 434
Merit: 250
At the beginning, I thought that it was a great project and bounty campaign as well but seem like I was wrong when they started the 2nd round of bounty campaign then 3rd round. LOL. Although they decreased token reward but I think if they still pay for bounty hunter, it'll be fine and Yume will not be a scam project Smiley. Let's see.
sr. member
Activity: 756
Merit: 250
member
Activity: 1204
Merit: 13
For me because of their funds. Once the crowdfunding didn't purely successful I thought they can reduced the rewards. For example, They softcap was 5M$ and the hardcap is 10M$ so if they raised 5.1M$ and they promised was so 500k$. Do you think investors will agree? Almost 10% of the total funds is of bounty hunter? Of course not. better to understand their decision and that is for all the community and also for their investors.

If you're really wanted to make accusation visit this board: https://bitcointalk.org/index.php?board=83.0

I agree that we need to create a thread here: https://bitcointalk.org/index.php?board=83.0  I consider them scammers, because they burned the coins before the distribution to participants of the bounty, not after. All these 6 months, starting from April, there were completely different conditions and the number of tokens.  And it suited the team, but after we completed our work and they got what they wanted from us, we are so deceived.
full member
Activity: 448
Merit: 100
I was thinking about joining this bounty campaign. I thought the project looked pretty good and could get enough investment. The conversation about scam is quite sad, hope it wont be scam...
member
Activity: 392
Merit: 10
If the payment is reduced it is even good for some of us the payment has not come and there is no explanation whatsoever and no apology. I wish I did not participate in the bounty because they did not keep to their word. We are being used to achieve their aim.
member
Activity: 588
Merit: 10
Bounty Detective
The situation is ambiguous.Mindlessly shout that the project is a SCAM we have no reason, as paragraph 2 of the rules stipulates the possibility of reducing the bounty pool. But this attitude on the part of project developers is disrespectful to the participants of the bounty campaign. I am glad that the bounty Manager appeared in this thread and expressed his opinion about the situation.
What are we supposed to do ?! We don't get anything on the fact that it's pennies, I don't need them. I want these crooks to pay for their deception! I believe this SCAM, because there is a deception of a huge number of people. You know that rule paragraph 2 all the bounty managers, this is done in order, with impunity, to throw bounty-hunters.

Six months of work for free ...  Huh Roll Eyes

While #YUMERIUM will continue to operate as a was ABLE ? IT SHOULD NOT BE.
No one forced you to create video content for this project.  You had to learn the rules before entering the bounty program. The project developers acted dishonorably, in relation to bounty hunters, but this does not mean that the project SCAM.

To make this unpleasant action was known to the public should all concerned users of this forum to write comments to the posts of the Yumerium project outlining the events.
full member
Activity: 616
Merit: 100
It turns out that at the end we can not even show anything to the project? I read the situation with the bounty manager and understand his situation too. But this should not just happen, because people should definitely be responsible for their actions.
hero member
Activity: 1176
Merit: 500
As I recall the bounty of this company led the first team of Amazix but then they wrote that there is a pause, or they can't contact the developers and so they will do the counting and then the bounty of the company will be managed by another Manager. It was at that moment it was clear that something was wrong with this project.
jr. member
Activity: 462
Merit: 4
So here's what we'll do if they don't pay the tokens in full as promised! The entire community of bounty hunters who made the content will fix their articles and videos on this: YMERIUM SCAM - CAUTION  DO NOT BUY THE SHITCOIN! I think all bounty hunters will agree to do so, in any case, I already know 20 such people ...  Wink
full member
Activity: 925
Merit: 100
What actions can we do to remove this scam project?
Just warn the ICO for everyone here and on social networks, so that everyone avoids investing in this ICO, then surely this ICO will soon be removed by the community
jr. member
Activity: 462
Merit: 4
The situation is ambiguous.Mindlessly shout that the project is a SCAM we have no reason, as paragraph 2 of the rules stipulates the possibility of reducing the bounty pool. But this attitude on the part of project developers is disrespectful to the participants of the bounty campaign. I am glad that the bounty Manager appeared in this thread and expressed his opinion about the situation.
What are we supposed to do ?! We don't get anything on the fact that it's pennies, I don't need them. I want these crooks to pay for their deception! I believe this SCAM, because there is a deception of a huge number of people. You know that rule paragraph 2 all the bounty managers, this is done in order, with impunity, to throw bounty-hunters.

Six months of work for free ...  Huh Roll Eyes

While #YUMERIUM will continue to operate as a was ABLE ? IT SHOULD NOT BE.
member
Activity: 588
Merit: 10
Bounty Detective
The situation is ambiguous.Mindlessly shout that the project is a SCAM we have no reason, as paragraph 2 of the rules stipulates the possibility of reducing the bounty pool. But this attitude on the part of project developers is disrespectful to the participants of the bounty campaign. I am glad that the bounty Manager appeared in this thread and expressed his opinion about the situation.
full member
Activity: 1036
Merit: 102
Guys, let's write more informative about how Yumerium tokens were calculated
1. Tokens should be calculated based on the numbers shown in this screenshot

2. Bounty Manager yura04071989(https://bitcointalksearch.org/user/yura04071989-1112979) made a strange calculation referring to the fact that quote: "Bounty pool and all rewards updated due development team request".

I would like to see the correspondence of bounty Manager with the project team to understand who is to blame for the situation, only the development team or bounty Manager is also involved in this.

Hi, GREENch!

I'm, yura04071989, conducted YUMERIUM bounty Round 2. The entire bounty campaign was calculated and even more, given the incorrect assessment of the first round of content creation - we rechecked it for free at the request of the bounty members. On October 26, all google forms and spreadsheets were counted and transferred to the YUMERIUM team. Our work on this was completed and according to the CEO's distribution of tokens was supposed to begin within a week from the moment of transfer. Then in the bounty management chat, a message was received from the CEO that 2% could not be distributed. We provided all the arguments regarding the fact that the company does not fulfill its obligations to the participants of the bounty. Considering the situation on the market and a small volume of sales, we proposed to make the distribution of tokens in parts, or freeze the tokens of the participants of the bounty and unfreeze them after a lapse of time, but pay the participants' reward in full. The team said that would think about this option.
A few days later, the team wrote that they finally decided that in this situation, some of the tokens will be burned and the bounty payment will be 2% from 26,362,027.94 YUM. And they ask us to remove the size of the bounty pool and the related figures from the bounty thread to avoid misunderstandings due to changes.
1)We did not change Bounty thread!
2)We also didn't ban participants who express their opinions either in the main chat or in the Bounty chat.

In the picture above, there are 2 figures:
263620.3 - the amount that the team left for bounty round 2 (similar to round 1)
and 6338137 - the amount that we left in the cap since this was the initial condition that the campaign refused to fulfill.

Unfortunately, this decision of the project team, on which neither the first round team or the second round bounty team can in any way influence, our opinion is extremely negative about this attitude of the development team towards the participants of the bounty and they (the development team) know about it.
full member
Activity: 1400
Merit: 103
There are a lot of similar situations with other bounty campaign. Unfortunately this is one of the major risks bounty hunters take while deciding to participate in a concrete bounty campaign. And it's a pity but you can do nothing about it, I've seen this hundred of times already and such scam companies always get away with it. They simply don't care)) ICO is finished, the money is raised, what else do they need now? Nothing) And as this whole sphere is not yet regulated as it should be, no legal actions can't be undertaken.
Now the team has decided to do so with bounty hunter (and it will probably get away with it) and what will happen next...
Not indifferent to the current situation, the forum participant can make this situation public.
sr. member
Activity: 770
Merit: 251
MOBU - FUTURE OF SECURITY TOKENS
What actions can we do to remove this scam project?

you cannot do such a thing, but what we can do is to INFORM people.
Maybe we can still write for example in the SEC so that they check this project or write to the cops? What do you think?

There are a lot of similar situations with other bounty campaign. Unfortunately this is one of the major risks bounty hunters take while deciding to participate in a concrete bounty campaign. And it's a pity but you can do nothing about it, I've seen this hundred of times already and such scam companies always get away with it. They simply don't care)) ICO is finished, the money is raised, what else do they need now? Nothing) And as this whole sphere is not yet regulated as it should be, no legal actions can't be undertaken.
full member
Activity: 1400
Merit: 103
Once again, carefully re-reading the conditions of participation in the bounty campaign, I come to the conclusion that we can not say that the project SCAM, as they left a loophole:

If we talk about the fact that the project management can be trusted, or I would dare to invest my money in them, then definitely not. But in fact, they did not violate the conditions of the bounty campaign.
full member
Activity: 238
Merit: 100
What? I participated in their both bounty campaigns (2 rounds) and I will receive almost nothing? How can they now be considered as a legit project when they scam their supporters.
full member
Activity: 1400
Merit: 103
Guys, let's write more informative about how Yumerium tokens were calculated
1. Tokens should be calculated based on the numbers shown in this screenshot

2.Bounty Manager yura04071989(https://bitcointalksearch.org/user/yura04071989-1112979) made a strange calculation referring to the fact that quote: "Bounty pool and all rewards updated due development team request".

I would like to see the correspondence of bounty Manager with the project team to understand who is to blame for the situation, only the development team or bounty Manager is also involved in this.
full member
Activity: 616
Merit: 100
What actions can we do to remove this scam project?

you cannot do such a thing, but what we can do is to INFORM people.
Maybe we can still write for example in the SEC so that they check this project or write to the cops? What do you think?
member
Activity: 633
Merit: 11
For me because of their funds. Once the crowdfunding didn't purely successful I thought they can reduced the rewards. For example, They softcap was 5M$ and the hardcap is 10M$ so if they raised 5.1M$ and they promised was so 500k$. Do you think investors will agree? Almost 10% of the total funds is of bounty hunter? Of course not. better to understand their decision and that is for all the community and also for their investors.

If you're really wanted to make accusation visit this board: https://bitcointalk.org/index.php?board=83.0
legendary
Activity: 1184
Merit: 1017
What actions can we do to remove this scam project?

you cannot do such a thing, but what we can do is to INFORM people.
member
Activity: 574
Merit: 11
What actions can we do to remove this scam project?
member
Activity: 111
Merit: 10
In time Amazix have refused this project. It was necessary zareny to understand that there not everything is so simple. Not the project and shit.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
You should open a Scam Accusations so that they can be dealt by DT members of this forum. Just remember to post as many proofs as you can about the said project. Goodluck.
member
Activity: 218
Merit: 10
I am also a member of the bounty program, it is a pity that this ICO scammers. I believed them.
full member
Activity: 616
Merit: 100
To be honest guys, I don’t even know what to do next and what to write to administrators, because it seems to me that there are very few such discontented people like us.
sr. member
Activity: 841
Merit: 251
I'm also part of the bounty, so many excuses to lessen the bounty allocation, yes it turns out to be scam. Look at their post while in private sale and pre-sale showing that they are strong to raised and sold all of the token in that phase and now telling that they not reach good enough. Very very liar team
jr. member
Activity: 462
Merit: 4
WHAT DO WE HAVE ? Admin burned tokens and considers our pool from this amount, claiming that it is correct. This is pure deception and manipulation, in the white paper and in the bounty conditions was clearly indicated the total pool bounty awards. Please pay the administration on this blatant deception of participants of the bounty, which helped to promote the project and nadalis to receive the award, but now we get nothing. Since April 7, this campaign lasted more than half a year ...
member
Activity: 546
Merit: 11
I haven't seen from official statements on the reduction of the pool, as they explained their action ?
full member
Activity: 616
Merit: 100
I think that we need to attract users with great experience and great rank here to find out how to act in such a situation correctly.
full member
Activity: 671
Merit: 103
Moni
Ohh no, I've participated in signature for 9 weeks and 76$ in tokens is something I supposed to receive. 20x decrease 2 days prior to payout, is it legit?
We all know that tokens to be dumped after listing,but I will gain nuts shell in any way.
sr. member
Activity: 1442
Merit: 265
Yumerium looked good to me as as a project but i agree that it is highly unethical and unlawful to change the promised reward amount after campaign, not only this but they will also try to delay the distribution as long as possible, this unethical behavior is on the rise and there should be something done about it, reward amount should be fixed and it should be distributed in 2 weeks after the ico irrespective of amount of funds raised.
member
Activity: 1204
Merit: 13
I didn’t expect such a deception from Yumerium.  I participated in this campaign since April, I wore a signature in the first and second campaigns.  how can you do so meanly to your community? They burned the coins before paying bounty members.
jr. member
Activity: 462
Merit: 4
This is a blatant fraud of a very large number of people, to be honest it is such arrogance I have not seen an administrator in the telegram chat Yumerium continues to prove his innocence, but in the rules and in the summary table clearly shows that in fact they cut the pool of awards approximately 30 times! I believe that the bounty Manager who ran this bounty campaign should be punished first, otherwise it may happen again in the future.  Angry

full member
Activity: 616
Merit: 100
Hello to all! Today it became known that the Yumerium project reduced payment for bounty hunters by about 30 times. Yes guys, it's scary.




Let's think together what can be done to ensure that these people are held accountable for their actions if they really deceived us.

I think that you still need to try to advise with free lawyers or with the police how to do it correctly so that they are punished to the fullest extent.

No need to be silent and think that this will pass. Any disregard leads to chaos. The project began on April 7, if I'm not mistaken.

450 First St, Suite F, Los Altos, CA, 94022  -  The address I took from their site

I would also like to say separately that in my personal opinion the bounty manager is also responsible, and this is a responsibility.
You may have a different opinion, but I think that he, too, should be responsible for this.

https://bitcointalksearch.org/user/yura04071989-1112979 - yura04071989






I`m sorry for mistakes in the text if you find them.



Below I share all the information that I was able to collect.










LinkedIn Accounts:

https://www.linkedin.com/in/jikhan-jung-550a221/
https://www.linkedin.com/in/francisco-o-martin/
https://www.linkedin.com/in/wonsangchoi/
https://www.linkedin.com/in/sean-seunghwan-yoon-8a31374/
https://www.linkedin.com/in/unsungyoo/
https://www.linkedin.com/in/khoilevr/
https://www.linkedin.com/in/hyun-ho-lee-8187a665/
https://www.linkedin.com/in/eun-yong-choi-034966127/
https://www.linkedin.com/in/joyce-zhao-b73bb0154/
https://www.linkedin.com/in/eduardo-carrillo-2019/
https://www.linkedin.com/in/shreyasvaidya/
https://www.linkedin.com/in/noriyuki-hirosue-88933ba3/
https://www.linkedin.com/in/suyong-park-6b0b8879/
https://www.linkedin.com/in/matthewlee6/
https://www.linkedin.com/in/okohei/
https://www.linkedin.com/in/billy-sungwoo-lee-21b41a1/
https://www.linkedin.com/in/andyletong/
https://www.linkedin.com/in/kojisakamoto/



That`s what i`ve found about website:



 

You can find this info by going to this link https://www.whois.com/whois/yumerium.com



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