Bitcoin Forum

Hello friends,

I am sure that many of you are expecting the results and distribution of the Kora Network project for months. We have all witnessed that the project team, Bountyhive officials, bounty hunters and investors have been constantly engaged in various excuses. The last thing we expected from them was the fact that they were scam. Since there are no more excuses to escape, they have announced that they will no longer distribute the token as a last resort. Actually, do not look at what I say. Bountyhive CEO '' Tudor '' in the name of the forum, ColorlessK took the knowledge that he would not be releasing the token as a result of long efforts and announced it through the medium.

https://medium.com/@tstomff/providing-financial-services-to-2-billion-people-and-underpaying-another-10-000-eb64aa2c40

Nobody has the right to play whatever people are making fun of people's labor. Thousands of people have become partners in this advertising campaign and made their announcement. Thanks to these people they are investing and they are now explaining that they will not distribute these awards.

This incident is not closely related to the Bountyhive team. I totally leave it to you, saying that this is totally unfair to the authorities of Kora.

we look forward to your support.

a project established to completely defraud

From the very beginning it was clear that the project was scammers.  It is very unfortunate that there are a lot of such projects on the market today and it is becoming increasingly difficult to find a really worthwhile and honest project >:(

let's hope they dont get listed on any exchanges out there and watch their project slowly die. if they do get listed just hope they will not do well in the long run.

maybe telling the exchage that will list them that they scammed their advertisers the exchange might change their mind.

This topic is on the wrong board. I suggest you move this to scam accusations board under the trading discussions. It's more appropriate there.

Btw, there's a lot of rumors regarding bountyhive running scam icos, that's why i'm avoiding their bounties. And now i'm beginning to question the tokensuite smh.

This situation has been dragging on for quite a while, with no one unsure or conclusive about their intentions. Just recently bounthive called them out to explain and give thorough instances as to why there has to be a delay in payment of bounty rewarders and as well investors.

But still we all remain in awe and no conclusion reached.
Lets all ensure to proceed with research of information before embarking on any bounty operations to prevent waste of precious time and data.
Good luck all

It is surprising for a project under Bountyhive will turn out a scam. By default, Bountyhive escrows the tokens for bounty hunters. How then will it be a scam? Or have bountyhive lowered their due diligence?

Therefore, you need to understand the projects that you are investing in. I have been involved in bounty companies for a year, and have not yet been caught by such a moechikov.

They won't be listed on any exchange.

How can they be listed if there is no token that will be created?

If there are more announcement from bountyhive about this incident, someone must put a link on here.

they are now stepping back and saying they will pay. But the amount they are willing to pay is not even the quartile they promised. they are acting to completely defraud and trick people. deceiving the laborers who work for advertising for months shows that this project has already failed. It's a shame to investors

Bountyhive is doing well, and they can't be blamed.
The project team can only be blamed for being too greedy, not even paying bounty hunters.

tokens was made but only for the investors no token was given to bounty hunters.

A Financial Service that has a platform of ETH and a promising one if they only intended to do what their services proclaims with a low transaction costs for their users, I really think there will be many in the community that will be interested with their services because Kora meets everyone at their level. And if Kora only sticks by its mission, this is a project that can bring hope to billions of people in the world especially people undeserved by the currently existing financial systems because kora removes all complexities and burden of an inconvenient financial services, But they haven't issue any payment just yet well just have to wait for further information regarding it.

Lesson learned here. I guess there is really the need for escrow and that let the tokens be sent first before doing anything else for the promotion. Its not bountyhive fault but I guess have flaws about excrowing these token. 33,975,330 KNT reduced to 725,600 KNT that is definitely huge there. I never really knew the existence of this project until now. One thing that you might have to ask, are they really going to launch a project?

All these scams occurring on almost daily basis are perhaps the biggest handicap on mass adoption of Cryptocurrency!!

the winner in 2018 is a scam where many projects are just taking personal advantage .. many fake coins that have been distributed .. hopefully we are not including people who get this scam coin .. hopefully in 2018 will benefit for all

After a bounty campaign for 2 months and not paid is a very sad thing. Moreover, Kora has reached the hard cap in the sales process. Hopefully there is a good solution to this problem and quickly resolved, if not to tarnish from the reputation of Kora itself.

I am also disappointed with kora as a bounty hunter we can only be patient and take a lesson from the positive side in my opinion do not be too thought and better leave it and continue to other good projects

It is very sad when a project with a good idea and great support of people finally turned out to be a scam. I already participated in several campaigns when the project did not pay bounty hunters and all the money collected disappeared.

this is a pity, but it seems to be normal to wait more than two months to get bounty paymend. i know that from other projects and do not like that. we have done the job and why we you have to wait so long? you do not have to wait that long for a normal paycheck or but only if something is wrong.

Scam project. As far as I remember, this project carried out its bounty company thanks to BountyHive, which once again confirms my dislike for this platform.

It aims to provide convenience to the campaign participants but then I also dislike such. Even with its existence a scam team had successfully did it still. I was thinking this could be use for transparency and escrow the funds to avoid scam but look what happen to this KORA. I hope they even with just that 700K tokens.

It is very sad that this project was a scam. But I don’t think that the Bountyhive platform’s  team is guilty. Many projects from this platform sent me the coins

It is a pity to read that there are scam projects. I consider that scam projects are very harmful to us because they causes untrusting and fear among current and new potential investors. I really hope that this sutuation will be chenged in the better way quite soon because it is very important.

Kora is a scam project after which bounty hunters have worked for them they now decide not to pay.

KORA reduced the reward pool. The project paid this part of the coins. It is a pity that time was spent. But the payment still came.