Bitcoin Forum

Hello,

Recently I was planning to invest some coins into STORM (https://bitcointalk.org/index.php?topic=2006999.0)

But then I notice they totally fucked their bounty program (https://bitcointalk.org/index.php?topic=2005611):

They allocated 50,000,000 STORM for the bounty campaign. But recently they've changed counting system from STAKED to TOKENS. This mean they want to pay 1000x less!!!

IMO this is first sign of pure scam behavior and I will not trust them my hard earned coins.

http://archive.is/NgKBv

https://i.imgur.com/pLHg21R.png


http://archive.is/syh7Q

https://i.imgur.com/xYGGRQj.png




One of my responses


And @STROM response:


As this is solved, I'm closing the topic now.

Unbelievable, that's unfair I have joining the bounty of storm from the start of it , I wasn't know that they change the payment it's really a waist of time and effort >:(.

Yes dear, I am confused about this storm project. A long time running this storm project. But they couldn't any ICOs yet. I don't understand about this project planned.
It's really good project or scam project.

So if you get paid from this ICO it's legit ?
What about if the coin is coded and rigged to make the dev millionaires like it says on the ANN ?
Matter ?

You all don't have the faintest clue what a scam is.. nor do you read the scam section here i bet.

Not you again...

Damn. Thanks for sharing this man, i almost got scammed. :/
Was really thinking of investing because i was hearing a lot of great news about this STORM coin. Even my friends told me its great that's why i read it and find its project really interesting. But now im having second thoughts. Amd probably think of not investing. Because i don't wanna lose my hard earned money :/

Wow that sucks. That's super shady! I'd definitely be wary of putting any money into it.

Too bad for the users who participated in that campaign, . I think the campaign is almost 4 months now. Why they change the payments into tokens per week , instead of stakes. That is no good for their supporters.

This is second time I've seen in the past couple of weeks ... Changing the rules as the campaign is winding down.  The other was Bowhead Health.  Neither of the companies will ever get a cent from me, BCT members should boycott.

Sorry for this noob question.
What is the difference of stake to tokens?
Can someone explain it to me.
Thanks

just the amount of emails they sent me to participate in the ICO put me off

Yeah I read about this in their discord chat. To be honest, very disappointed with the way they have responded to their bounty participants. Very unprofessional and greedy of them.

Sounds exactly like a scam. Thanks for the information I'm glad this is now public information. Hopefully their coin doesn't go too far now they have tried to trick the public already

I also want to invest into the storm, after you tell your story here, I think twice to invest in the storm, we do not know if they are scam. maybe there are some who give the best advice to invest.

Stake means people share the total tokens-1.5M tokens according to the stakes, each stake gets same amount of tokens. But tokens means they get the exact amount per week.

It's so unfair! Have you already unsubscribed the administration of the forum?

My friend this is a pity!!!
The Storm is just spit on people...
You can try bounty of crypto.tickets! I can say that this company have great idea and already received 1 600 000$ on ICO.

let always do personal research before concluding that an ICO is a scam,they have issues with the bounty not the ICO dont think it nice of you to  condemn there project, thou it not nice they change the pattern of payment for there bounty.

i think either they are going to fool people or they are having problems.. they postponed the ico, thinking it's a nice idea?? if i were going to invest in this company, i would have changed my mind because of this delay.. it's very suspicious..

indeed it's not nice.. unfortunately almost all the devs and managers are not very polite and respecting when it comes to bounty participants, of course we don't give them any money, but we give them time. and only a person who has never participated in any bounty campaign thinks it's not time consuming at all.. i wonder what would they do without us.. how much would they have to pay to pr agencies, and real money.. just sad.. i have been participating in this program for almost two months, maybe more, and now they are changing the payment rates.. wtf..

I think this project is not particularly tricky, so I will not participate

I need to read a little more to participate ;D ;D

Thanks for the share man, this will save participants of doing for nothing.
Spammers can be easily detected because of this community where everyone speaks and listens. Kudos and cheers!

This is exactly what I'm doing before investing in any project - do a personal research. Checking topics - ANN,Bounty all socials, shill accounts, etc.

If they change the Bounty payment silently, without any announce, then later they could do the same with main project and any other aspect. IMO this is shady behavior and I'm just warning people. Everybody could choose to invest or not.

Thank you, my friend, I would have liked to invest in this project
but now I need to take a good look again

Wow thanks for the heads up. Teaches people to be more caution investing into unknown projects. Learn from mistakes and history. Good luck.

From my communication with @stormtoken, they will return Stakes as bounty counting and the whole mess is some team miscommunication.

IMO this is the right move to do the things right. I'm not in the Bounty campaign, but I'm always looking for red flags before investing.

 OMG this is sad , I thought this is a huge potential project as one of its adviser is Bittrex CEO. I also have a stake with their Twitter campaign. May be I should check my stakes. Thanks for the heads up.

good to know that .thanks for sharing

This is really surreal, and stupid beyond imagination! As soon as investors find out that the team would have no problem screwing their own advertisers, they would stop to trust them at once. Unless that's just a stupid typo mistake...

I know a long time ago, that stakes is also the same as tokens from their end.
So changing the words on their bounty campaign thread such as this might create confusion with others that haven't got in touched or haven't been following with the team.
I know their campaign is very long already that participants haven't seen their fruits of labor yet, but, my impression is that they are legit.
Joining conferences everywhere and doing their stuffs in legit way that's why they are taking so long.
And if you're not really patient enough, you will just remove yourself from their bounty campaigns as you don't know when and how much you're gonna get paid.

Hi everyone!

I am really sorry for all of the confusion regarding our especially lengthy bounty campaign! We could not thank you enough for your continued support of our project. Without all you guys, the widespread exposure we have received would not have been possible.

I want to clarify a miscommunication on our end, an error that I take responsibility for. In the bounty program, Tokens=Stakes.

For everyone that has been worried that they would not be fairly rewarded for their time and effort, I hope this clears things up. If you have direct questions, feel free to PM or message me on Telegram!

scared me too ,  glad  we finally  got the response from official team ,   has  the  storm  ICO  started  already  ? 

Follow the rules mouthy noob. (you are garbage posting / trolling)
Be grateful i addressed a 3 post shit account here.
You are nobody.. and know nothing.. and probably a puppet / sock shill account idiot.

You are "ICO" fraud pushers for BITCOIN PROFITS.
Just.. one.. more... ICO..

Trust me we gunna be richez yo !!!111ONE

---

Topic:
You all babble about scams and FUD and trolls etc.
Problem is you don't have a clue what those words mean.. nor will you talk about it either.

What is a scam ?

Care to explain HOW this "coin" will "turn" into a "scam" ?

Most likely they did a mistake in the wording. Amateurs don't understand the word stakes. I had to explain it to many people, and if someone was reading different bounties without hard experience, he just made a mistake.

Thank you for your answer and that the whole mess become just a miscommunication.

I edited OP with your response and closing the topic now as raised concerns are solved.