Bitcoin Forum

have you ever found a scam project or airdrop?
 
what wil you do after working the project for  a couple of week, but you get nothing..?

One should be able to make the difference between scam and legit projects because they're obvious unless a scammer is actually putting so much effort which is usually not the case. An airdrop requirement are usually signing messages, filling a form etc. It's nothing hard. As for signature campaigns and other bounties, there is no reason on why they won't give you your coins, as they could create them out of thin air. The only scenario where you could actually get scammed is while investing in an ICO, in that case, you should do a background check on the escrow, team and read the whitepaper which most people don't do.

Really mad, what else can we do ? thre one project that i join for social media bounty. after sharing like two month of their retweet the dev just dissapear and even the bounty manager didnt get paid. But if only airdrop im not really taking it serious cause im not working to hard for it, just follow their twitter or joining telegram group. Im learn from that and now i only join campaign from trusted manager and good company.

so that case isn't called as scam project instead of what? and what is legit project?

yes. I met a lot of fraudulent projects. In 2017 I participated in more than 100 projects. more than 70 projects are fraudulent. really crazy and time consuming. But I accepted because I could not do anything else. I only take time but do not lose money. I always tell myself that many more prestigious projects are waiting for me

ed



oh yaa... that case really make you blue ... it also happened to me  :'(

wow.... thumbs up for you :)
anyway... how do you keep your money at that time?

Well, in my case if that project failed in the middle of the campaign or ICO then I would have to join another good signature bounty campaigns.
I constantly check the progress of the campaign ledger, if they constantly update the ledger of means the team are active and the campaign is good, otherwise I leave.

the Word Scam is used in many Cases:

1. there are deliberate scams, that are difficult to spot,

2. projects that werent successful in reaching the audience size needed

3. projects that werent successful executing and using their funds

4. and deliberate scams that are easy to spot.

5. +plus projects that were serious but didnt deliver the unrealistic 500% return after 5 days desired by the "investors" or "gamblers"

what of those cases do you actually mean?

regards

First of all you should carefully look through the project before working on it and concider if it is woth scaming someone. If google search will show that the project is a scam they will have pretty big financial loses. On this forum the best thing you can do is creating a thread in scam accusation section with all proofs of the scam. Their accounts will get tagged and no one will work with them unless the accusation will be resolved.

Not yet but if i do i will do the following:-

a) tell everyone on social media that they are scammers

b) blast it on their social accounts

that was one of my reason to keep working on another project at the same time, doing that wouldn't waste your time to stay awake on those project, watch their group or anything else.

in my experience, 4 of 10 token from airdrop already landing to my wallet (of course it also depends on when they distribute)

Like most people say. research before you do something for a coin. see if the are legit. and what can you do. only thing you can do is learn from it and tell others about the scam

I' ve been scam many times, what I did was nothing, I can do nothing about it. I am disappointed that was my effort was go to nothing but I just keep on trying.

I certainly did participated once.. What i did was, i stopped posting straightaway. As a campaigner we cannot do anything drastic but to post and let everybody in the community know that that particular ICO is a scam. That way everybody will be aware. It was the " C " bounty project. The bounty manager was " Ehrhc ", Full member rank. My first time to be scammed. I joined in the second round of the campaign. After several posts, i've read in the thread that nobody in the round 1 campaign have received payment. And this (Ehrhc) foolish devil-may-care manager vanished into thin air abruptly. I have learned my lesson. Now before i join a bounty, i look at the bounty manager and study his/her profile and trust.

I try staying away from most of the projects that even seem to me a bit suspicious. Probably that is why I manage not to lose much. Friends, never be in a hurry when you invest. Think over EACH possible minus. If you find something that you do not understand or dislike never deal with it.

If there was of course some kind of service, in order to punish people who create such projects that deceive people and developers just earn money by stealing people, I would definitely use this service. In the meantime, I have not heard about such a service and just forget about such projects.

I've been never found a scam project or airdrop, but if I found something like that the first the I will do is report them so they can't do it again next time, because if I or we will not report them they can do it again.

I will remember this team where each member should remember that next time I meet this team's project I will advise others in their telegram and other contact channels not to participate in their projects. Of course, the first time is definitely to give up that project.

I agree with some of the comments that you have to read carefully the white paper. When you read the white paper and you see some impossible or ludacriss things, you will know that this is a scam project

A lot of scam project I've been encountered in bounty and in airdrop I felt very desapointed everytime you waiting a reward but nothing its hurt because deserve a lot of efort and time but suddenly gone only we did is learned and not quit do onother project again after this we recieve the reward.  

Since everyone has invested in a SCAM project, it looks like there is no improvement in sight. I also fell for a project on the nose. The token EGAS - http://www.ethgas.stream also cost me some money. You blindly trust anyone in the game and is fast in a SCAM project.
ICO are always very risky.
See: https://gizmodo.com/guy-who-ran-really-really-huge-scam-warns-icos-are-the-1819756698

But it would be nice if in future the operators of the websites are made more visible and the Ethereum Network offers a solution.

I've also felt it.
after the end of the campaign and wait for 1 month and finally not paid anything.
it's because of my mistake that I do not want to read.

Forgive, forget and move on. Before participating in any project, you need to thoroughly study all information about it. But if all the same went into such a project for scams, then you can do one thing: to give information about him and his creators on the forum, in the future to close them access here. Although scammers use fake data.

True-true! I participated in one bounty, which turned out to be scam. It's good that not for long - a couple of weeks. Unpleasant, but not deadly. Much more offensive if you participated in ICO.

Actually we can't do anything if the projects scam us after we work so hard to promote them we just need to be cautious what coin we promote if many trusted member promote a coin then it has a big chance not to scam.

I have not encountered such a project yet, of course, I participated in the ICO will not invest too much coins to prevent such a situation from happening. If so, maybe I will report a team of such projects, post a message here to warn other people not to participate in that project, and the lost coins will find ways to recover them. If not, they should only pay for lessons.

Just ignore scam projects.  ::)

I've been a lot of failed ICOs, airdrops are giving me no coins it tokens and some of the signature bounty campaigns were stopped and failed on reaching their hard capitals so in trying to move on and join another signature bounty campaigns. But before I moved on, I ensure that I'm joining a good bounty campaigns on order to not to waste my time
I got some shit coins but I cannot do anything about the them. They are just on my wallet but I can't do anything about them because they're do not hit Cryptocurrency exchanges.

Perhaps the tradove bounty thread is a fraud project.
They have two bounty thread, and the first prize in the first thread is over a week, but they don't pay any bounty, but for more than a month's signature and individual text, but only pay a bounty of the week.

Once I encounter that kind of scams project almost 3 months advertising their campaign they are not making their start of the pre sale that's why I ask the manager if they still active then I ask a that I can't stay for long to those kind of campaign even the spreadsheet didn't update and most of the participants are asking if the campaign is alive or dead no one is answering then if that kind of campaign you will encounter you must better to leave you will just waste your time in advertising them.

I understand this is very disappointing, but the only best way is to forget about scum and don't waste time for them. You can create the theme about scum to help other people avoid this scum.

so far i have not found the project scam (hopefully never).
if you finally find a project or airdrop scam, and get nothing after working for weeks, then what will we do? it seems we can not do anything. for that, it is important for us to study every project that we will follow before we really will participate.

I participated in a few airdrop scam and I dumped the tokens while the first hype wave because I dont prefer to hold scam. But also scam has potential to get hyped when the people start to buy blind again. Just have a look at Ethereum Cash :D

To date, none of my joined airdrops are suspected as scam since all of them are still on going their project for pre-sale or ico.
Can you please give some idea how to know those airdrops or bounties that will be turned to scam aside from not giving coins or sending coins to my ether wallet after pre sale.
If some of them will be lost after a couple of weeks then nothing to get..I would like to say, its charge to experience and try to think other which profitable.

What will i do if the project is scam? I will get mad of course I will quit and find another ICO that trustfull.

As far as ICO's go, I've never participated in one that turned out to be a scam, because I always do my due diligence before investing in anything..

I have received a few airdrops that went quiet or were abandoned by the devs, by they weren't 'scams' as such.
No harm done, just a useless souvenir I got for free..

If something does turn out to be a scam, unfortunately in most cases, there's nothing you can do except move on and learn a lesson for next time.

honestly, there's nothing you can do about it but to look for another good project if they just left and leave you without pay. Charge it to experience and this time be wise and do some research when choosing a project before joining to avoid scammers and not to waste your effort.

There's no other way than to accept that it was a failure. I have been there. Worked for about 3 or 4 weeks then suddenly the campaign was facing negative issues. Gave negative thrust for participants who will not remove the campaign's signature. I was disappointed for it was my first time to join a signature campaign. Because of that I stopped joining campaigns and been inactive in the forum for a few months. But then I realized that is only one failed project and there's a lot more out there that will surely be successful.

Trying to stay away :)). But sometime although we has been very careful but we still fell into scam projects, I think we only can accept that we lose that amount of money and try to earn another amount from other better projects. The amount of ICO projects are increasing day by day and the scam projects also increases as well so it's really hard to earn money by investing in ICO projects nowaday if you don't have much experience and knowledge.

Like everyone said there is nothing much you can do after the fact except rant and rave or maybe kick yourself mentally. Before the fact yes, heed all the sage advice here, and most important, if you have learnt a lesson, learn it well, avoid repeating the same mistakes, have greater awareness and gratitude that the loss wasn't a monetary one.

Here are some tips: Carefully read the whitepaper Whitepaper on ICO provides an understanding of the project team, goals, the concept of development, the introduction of tokens, the timing of listing tokens on crypto-exchange exchanges and similar technical details that may be of interest to potential investors.  So take your time, read the document (including the small font) and make sure that you can explain the essence of the startup in detail to someone else.  However, keep in mind that fraudulent ICOs can also have a whitepaper, so this feature is not definitive in relation to legitimacy.  Explore the website and accounts in social networks. This tip is obvious, but it says a lot about the possible alarm signals.  The ICO website should not be completely first-class, but must use a valid SSL certificate (the URL starts with HTTPS).  In addition, a reliable start-up must have a social networking manager who distributes information about the ICO and interacts with the online community.  Contact this person, ask a few questions and evaluate how responsive and professional they are.  Look for support If ICO supports a reputable person in the area's blockbuster, this is definitely an advantage of the project.  However, this does not mean that all start-ups without known supporters are fraud.  Check the code audit Check that the project code has been checked for errors, malware, security loopholes and other weaknesses.  Make sure that the code audit was conducted by well-known security researchers.  Such a study can reveal important information about the seriousness of the intentions of ICO authors regarding their startup.

You're absolutely right. Also I want to ask if there are any sites or topics where we can monitor that scammers? That might turn our lifes 1000% easily.

It's not a big deal really to distinguish a SCAM project. I usually check all the team in Linkedin, as well as in other social accounts. Scams most likely will have fake accounts there. Also scam project team would never show there faces, so if you see any intervies with team members so it most likely not a scam project. Telegram community also can help each other to find red flags for a project, as it was with Benebit just before the crowdsale.
So all you need is an hour or two of investigation to be sure that the project is reliable.

It's not just simple as a possible investor, DYOR.

1.) White Paper
2.) Find the team in LinkedIn or other avenues
3.) Advisory board
4.) Projects Social media presence and active participation
5.) Announcements on Reddit or BitcoinTalk.

These are few areas you can see and learn what the project is all about and do u believe in it or not. But everything said all of this can still lead to scam projects, so sometime we have to take our losses and learn the lessons.

not yet because I am a new member of this organization and my rank  as of now is newbie but in the airdrop I encountered lots of scam projects out there  but still I continue participate in airdrop while waiting to my rank to become a jr member but i'll do research the background of each airdrop project to know and to avoid if it is a scam or not.

Currently, there are many scams ICO. So the thing to do when you know ICOs scam campaign is to inform all member of this campaign to avoid investing money in that ICO. Claim these ICOs on ICO-accredited websites such as icobench, icoscam, icoreview to prevent others from being fooled.

You analysis steps to find the best project is the good way but all the people here investing on ICO are does not even reading the white paper and road map what they are focusing to make money.

As like some telephone directory software shows telegram the user is reported many time or a genuine person with their channel name.
I hope the information shared will be used by the people who is looking to invest on ICO projects. They will not loose their money with these steps.

upset indeed if we have helped promote about a scam project. but, that does not mean when compared with the disappointment of the investors. if we just participate in their campaign it's no loss we experience except time. but if participating in their ICO that's the real pique and disappointment.

if i find one i would blast the on social media and tell every one about them

If we detect or found scam project, I guess it's better if we reported them into the police. To make them an immediately legal action base on the weight or immateriality of the amount scam. They can give them to in prison to lessen the people making bad thing.

Anyone in this sphere must be ready for such an outcome. Even in the real world a person may apply for a job,  work for nothing during the trial period and then the hr says :"sorry,  you are not good enough for this job". Making such parallels between the two worlds make understanding much easier as for me.

Ive experienced some experience with it. and people still get scam because of their rules it self ex: paid after ico end 3 month later and nothing you got .
what I do will be the same as the others.
- ask for certainty.
- confirm with manager.
- Patient

Other than reporting the project and the manager in charge of it, there's nothing much you can do, if you didn't catch that in time. If you figured out that it is a scam before actually wasting your time, you could always leave the bounty.

If you find a project with a scam, stop promoting it.
Then share with the community, the reason + way + sign recognizes a scam project.
I think that is all you can do, because everything with ICO is free, not subject to legal constraints.

Do my own research, before I get scammed  ;D Honestly, investing in ICO is dangerous, but you should check any project you are getting yourself into. Read whitepaper, read reviews, read, read and read  ;D Don't put your valuable time into a project that you haven't check.

And what can be done? Just stop working on the project . But honestly, scammers are very difficult to distinguish. Itself already several times come across

only can surrender when following the campaign and even investing in a scam project, because there is currently no law governing the ICO  :(

scammers have a lot of the way to make another new scam project again.
But we are an audience and only able to yelling on the internet to make awareness to another people that don't know about such scam ico.

I've heard there are some new scam icos. Majority of them will try to give a bullshit words after their ico already raised some amounts.

This sucks but the fact it's very difficult to be distinguished.

Are you talkin out of experience? Lol! There's nothing much we can do really. If you get scammed, you get scammed! Everything is a risk. We can only move on and learn from that experience. Blood sucking scammers will always lurk around and set their traps. If we get caught and did not get out soon, then it is as good as wasting your time and effort into that project. Nothing is perfect. We should learn to get by the risks that will come our way.

Yes.
Nothing. What can you do? If you participate in the project, you must understand that you risk losing time or money. By the way, 90% of start-ups is a Skam.

I've followed some bounty projects. I do his job well. I share it on fb, and I make posting  in the forum by signature the campaign. but after a few months I did the task, dev never showed up again. and the unequal distribution of rewards, I am one who does not get the token reward. I am disappointed with this situation. but there's nothing I can do. I just think that out there are lots of good and legit bounty projects. and I have to find it well.

Indeed, it’s really not easy for every of us to know scammed project. You should remember that all scammers really well-skilled, flexible, intelligent and the like, if all of us both know their technique of scam, maybe nobody is cheated by them. All you need is paying attention strongly, always keep doubt on what you feel dangerous and then stay away from it as far as possible. You’d better learn a lot to be aware of the scam, if you have less knowledge, you can be cheated easily.