Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: adekogbe on August 04, 2018, 10:22:24 PM



Title: Too High Bonuses: A Sign Of Scam Projects?
Post by: adekogbe on August 04, 2018, 10:22:24 PM
It is important for people to know that, not all projects that steal money and disappear are scams and a lot of projects just offer huge bonuses to entice people into investing in their platform.

Offering too high bonuses is one of the major reasons why some ICOs fail.
Ideally i believe presale bonuses should not be more than 30% and the purpose of presale should be for a project to meet its soft cap, so presale allocations should be capped accordingly.

Offering too high bonuses either locked up or not will still cause some form of uncertainty for investors and prompt weak hands to dump.

Projects that offers 50, 70 or even 100% bonuses should be a no go area for investors.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: aftertumern on August 23, 2018, 11:21:42 AM
I very much agree with this view. The income from any ICO project should have a certain range. Therefore, the ICO project pre-sale distribution must have a reasonable proportion, and the bonus provided is too high. It is for investors. Catastrophic, this is the restricted area of investment


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: anatolykarpov on August 23, 2018, 11:24:30 AM
Most of the ICOs are hiding bonus ratios of seed and private investments from crowdsale investors.
And they call it NDA.
All ICOs are scam. They just want to raise quick money.
All investors are fake who wants to be quick rich.
This is our ecosystem.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: cryptokia on August 23, 2018, 11:29:59 AM
It is 90% scam project that promises to be rich over one night, usually to turn on the project in need to go hard path of development, and it's not gonna be easy for them both for us.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: auliahr on August 23, 2018, 11:30:40 AM
I agree that the high ico bonus will only kill ico itself, imagine if all investors dump the bonus, maybe the price will fall greatly. If the price has fallen, it will take time to reach ico price and even then if it can be achieved.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: aliraza6663 on August 23, 2018, 11:32:05 AM
I Think that Bonus is not an issue , The problems is when they fascinate people with high returns on purchased tokens. SO i am not completely agreed on this. Mostly Tokens with high bonus are doing good in market.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: mugawanti on August 23, 2018, 11:37:12 AM
it's true that those who are irresponsible lure us with a big bonus and when we have jumped in to join them instead they leave us and bring our money without any refund.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: settingwake on August 23, 2018, 11:46:18 AM
i mostly agree your views, which seems too good to be true usally really is


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: el kaka22 on August 24, 2018, 05:42:01 AM
It is important for people to know that, not all projects that steal money and disappear are scams and a lot of projects just offer huge bonuses to entice people into investing in their platform.

Offering too high bonuses is one of the major reasons why some ICOs fail.
Ideally i believe presale bonuses should not be more than 30% and the purpose of presale should be for a project to meet its soft cap, so presale allocations should be capped accordingly.

Offering too high bonuses either locked up or not will still cause some form of uncertainty for investors and prompt weak hands to dump.

Projects that offers 50, 70 or even 100% bonuses should be a no go area for investors.
MLM , for sure MLM :o.

I had met with someone who was trying to convince me that this new coin he was promoting will be the best coin ever to exist (first sign of scam, you are not going to crack top 2, btc and eth is there to stay) and the only way to buy into that coin during their ICO was to buy from other people.

Hence, you basically own that coin and than you have chance to sell to other people and you will get more of that coin if someone buys from you, the number of coin increased by just selling to other people. Multi level marketing way of making an ICO on a new coin shows how horrible it is if you ask me. Never go for that kind of stuff.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: Golftech on August 24, 2018, 05:47:23 AM
The promise itself can't be sustainable in the long run, as there's also pre sale that offers much cheaper than the ico itself with bonuses, though there's some coins who's still exist even came from this type of ico but still as we seen from the market that most of those project that appears this year are having difficulty surviving the downtrend.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: ashmodeus on August 24, 2018, 05:47:34 AM
It is important for people to know that, not all projects that steal money and disappear are scams and a lot of projects just offer huge bonuses to entice people into investing in their platform.

Offering too high bonuses is one of the major reasons why some ICOs fail.
Ideally i believe presale bonuses should not be more than 30% and the purpose of presale should be for a project to meet its soft cap, so presale allocations should be capped accordingly.

Offering too high bonuses either locked up or not will still cause some form of uncertainty for investors and prompt weak hands to dump.

Projects that offers 50, 70 or even 100% bonuses should be a no go area for investors.

on my opinion , if bonus higher than 40% its like hyip project,
i mean just quick rally money.
but , sometimes some good project have a huge bonuses,
but in this cases , the team just give like 70% bonus as a example , then with min investement 100 eth or more
and allocation for private investor just about 5% from total token supply
its can be logic for me.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: kreditzcoin on August 24, 2018, 05:54:29 AM
I agree. Too high bonuses minds probably HYIP.
Also, you can buy as many tokens as you want in a ICO (if you have funds enough, of course) Why devs allow that?


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: shinratensei_ on August 24, 2018, 05:54:37 AM
It is important for people to know that, not all projects that steal money and disappear are scams and a lot of projects just offer huge bonuses to entice people into investing in their platform.

Offering too high bonuses is one of the major reasons why some ICOs fail.
Ideally i believe presale bonuses should not be more than 30% and the purpose of presale should be for a project to meet its soft cap, so presale allocations should be capped accordingly.

Offering too high bonuses either locked up or not will still cause some form of uncertainty for investors and prompt weak hands to dump.

Projects that offers 50, 70 or even 100% bonuses should be a no go area for investors.
They think by offering the scheme of bonus that doesn't make sense can attract the investors to participate in the crowdsale but it's wrong. The bonus should not more than 10% this to keep the price of altcoin after the coin has distributed to all of the participants.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: Refozzblaze on August 24, 2018, 06:02:40 AM
I agree with you, but in my opinion bonuses don't really affect their sales because smart investors will definitely see what the benefits of investing in their platform are not how much bonus they (investor) get.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: taeewo on August 24, 2018, 06:16:09 AM
You are right on this your perspective because they are using the bonus to attract more people who will believe they are buying cheaper to make gain when listed on exchange.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: Cryptolord_ng on August 24, 2018, 06:24:30 AM
You're very right, most of people are too greedy that those ICOs offer high bonus not thinking of what might come afterwards


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: Samtob4 on August 24, 2018, 06:41:22 AM
You are right mate especially airdrop 99 percent of them are scam they give high token... some investor buy coins with high bonus later no come out of it


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: strunberg on August 24, 2018, 06:46:50 AM
I agree that the high ico bonus will only kill ico itself, imagine if all investors dump the bonus, maybe the price will fall greatly. If the price has fallen, it will take time to reach ico price and even then if it can be achieved.
that usually think that happen in market when token listed in exchange.private sale contributor that get high discount will dump their token in order to switch at order ico projects.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: MainIbem on August 24, 2018, 06:57:31 AM
In as much as your suggestion makes sense, it is a speculation. It would have been nice if you site even if it is just one example to butress your point.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: abel1337 on August 24, 2018, 07:00:11 AM
I think it is depending on the ICO , giving so much bonuses are sign of scam but on the other side it can be a marketing strategy of the ICO for selling out their tokens.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: SLbountyhunter on August 24, 2018, 07:59:41 AM
We can't find good quality bounty easily. But there are some facts to find a scam bounties. First of all, you want to look at the roadmap, White paper, and website about the bounty campaign. After you should look at their team of developers. They are the key of the project. Then you can have a rough idea about the project. There are some easy steps to find the quality of the project.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: renes on August 24, 2018, 08:16:42 AM
I think that might be sign of scam but that is basically something normal to me because they most sell worthless tokens so they can apply too high bonus as well but that's not definetely attractive if the project is not promising.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: stefany101 on August 24, 2018, 08:20:01 AM
I agree with you ! most of the time ICO swith high bonuses will turned out to be a scam after they gather some funds that they collect in their token sale period. High bonuses is just an attraction for an eye but we don't usually used our minds before investing.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: DikkieD on August 24, 2018, 08:24:15 AM
Totally agree, but unfortunately this will become the new trend I am afraid.
See, rules and regulations focus on standard investors, but accredited investors are off the hook of all regulations. Projects know this and try to get as much $$$ before all funding fun is over (maybe soon, dunno). So if you can get $10m in funding from a small bunch of investors, that you can vet/check completely beforehand and make certain deals with....or a million small investors all shitting on the project once ICO is over and price doesn't moon immediately....I think the answer is clear.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: flying_bit on August 24, 2018, 08:29:46 AM
Yes, agree with too high bonuses can can be a sign of unsuccessful ico project but we also need to take into consideration why they are offering a high bonus. If a ico project have partnership with a big companies then giving a big bonus maybe just to ensure adoption and to distribute token for community to use.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: Ai7xpressTV on August 24, 2018, 09:22:40 AM
It is important for people to know that, not all projects that steal money and disappear are scams and a lot of projects just offer huge bonuses to entice people into investing in their platform.

Offering too high bonuses is one of the major reasons why some ICOs fail.
Ideally i believe presale bonuses should not be more than 30% and the purpose of presale should be for a project to meet its soft cap, so presale allocations should be capped accordingly.

Offering too high bonuses either locked up or not will still cause some form of uncertainty for investors and prompt weak hands to dump.

Projects that offers 50, 70 or even 100% bonuses should be a no go area for investors.
Yes, projects with 100% or more are mostly scam in my opinion.

And you should never invest into running ICOs if you have missed the first/best bonus stage. Risk is too high then.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: Andruha1993 on August 24, 2018, 09:45:51 AM
Totally agree with you. I noticed this for a long time already, that if the project offers high bonuses (sometimes even 100%), then this is really a sign of scam. And recently I do not even study such projects.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: Wind_Crypto on August 24, 2018, 09:49:43 AM
yeah, really solid projects usually are more reasonable in terms of sale bonuses or bounty allocations... they trust the long-term worth of the project and dun need too much of the enticement element...


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: YuginKadoya on August 24, 2018, 09:54:47 AM
Totally agree with you. I noticed this for a long time already, that if the project offers high bonuses (sometimes even 100%), then this is really a sign of scam. And recently I do not even study such projects.

In my opinion with this kind of issue, There really is a scam projects that are lurking in the forum and we can sure determine it by the amount of bonuses it gives, However I really think if there are a 90% of it that are a sure scam there are still 20% of it that will sure will give a legit bonuses, We can sure make a lot of doubtful thoughts at first but in my opinion I really think there are still legit kind of stuff out there, But well it is really up to us to trust it, If it requires giving your password then have a second though and that will become a 100% scam or fraud.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: pr0bvk on August 24, 2018, 09:55:00 AM
I agree with you. Projects with a high reward rate of over 50% are highly scam projects. Choose projects that are feasible and have good dev teams


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: chocolah29 on August 24, 2018, 10:40:55 AM

Offering too high bonuses either locked up or not will still cause some form of uncertainty for investors and prompt weak hands to dump.

That might happen nevertheless if the product is solid and investors have their full trust to it then dumping will lessen.

Projects that offers 50, 70 or even 100% bonuses should be a no go area for investors.

50% for me is still reasonable especially for early investors but 70% to 100% is too much as it's more likely a give away.

Having too high bonuses isn't a strong basis to call an ico as a scam because it does have many aspects to look at.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: duyduc256 on August 24, 2018, 10:43:44 AM
I agree with you. Projects with a high reward rate of over 50% are highly scam projects. Choose projects that are feasible and have good dev teams
I only choose projects from 2% to 4% of their tokens distributed to bounty hunters because if that project really grows they need to have a rational development strategy and avoid the case of selling panic on but at this stage, it is difficult to say anything


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: Viscera on August 26, 2018, 09:20:36 AM
Before Joining a campaign, I made an estimation first before joining. Not all big bonuses are scam. You need to read the full white paper and ask them if they can deliver what has been written.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: hetecon on August 26, 2018, 11:08:32 AM
The main signs of the scam are inaccuracies in the documentation. I always try to read the White Paper because it contains the whole basis of the project..


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: Jiucaige on August 26, 2018, 11:10:31 AM
You are very right. It is deceptive to provide too high a bonus for the bounty mission. This can be an important way for us to identify the bounty mission!


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: JaoBadjap on August 26, 2018, 11:13:10 AM
high bonus actually affects the further value of the token.
come to think of it. when you got 2 token of value of 1$ for 100% bonus. with its actual price of 1$.
it actually lessen the value basing on the actual ICO Price.
the effect is devastating when it hits the exchange.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: Lyndieline on August 26, 2018, 11:14:36 AM
Whenever I see very high bonuses I get wary. How do they intend to meet all these promises. Some do that so that their can be hype for their projects. It is good practice to check every detail well before committing to a project.

It is important for people to know that, not all projects that steal money and disappear are scams and a lot of projects just offer huge bonuses to entice people into investing in their platform.

Offering too high bonuses is one of the major reasons why some ICOs fail.
Ideally i believe presale bonuses should not be more than 30% and the purpose of presale should be for a project to meet its soft cap, so presale allocations should be capped accordingly.

Offering too high bonuses either locked up or not will still cause some form of uncertainty for investors and prompt weak hands to dump.

Projects that offers 50, 70 or even 100% bonuses should be a no go area for investors.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: seo-maestro on August 26, 2018, 11:17:47 AM
I don't invest in ICOs with big bonuses (>30%) because i can buy that tokens later on Exchanges much lower then ICO price without freezing my money in that ICOs because unknown dates of listings on Exchnages.


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: muncuss on August 26, 2018, 12:28:30 PM

Offering too high bonuses either locked up or not will still cause some form of uncertainty for investors and prompt weak hands to dump.

That might happen nevertheless if the product is solid and investors have their full trust to it then dumping will lessen.



50% for me is still reasonable especially for early investors but 70% to 100% is too much as it's more likely a give away.

Having too high bonuses isn't a strong basis to call an ico as a scam because it does have many aspects to look at.

solid product and investors with full trust aren't a guarantee that ICO will not dump on its first exchange. instead big holders will try to buy at lower price by dumping their big bonus and trigger panic sell.

big bonus is not a sign of scam ICO but a sign that the token will become whales toy


Title: Re: Too High Bonuses: A Sign Of Scam Projects?
Post by: chocolah29 on August 29, 2018, 07:05:22 AM

Offering too high bonuses either locked up or not will still cause some form of uncertainty for investors and prompt weak hands to dump.

That might happen nevertheless if the product is solid and investors have their full trust to it then dumping will lessen.

50% for me is still reasonable especially for early investors but 70% to 100% is too much as it's more likely a give away.

Having too high bonuses isn't a strong basis to call an ico as a scam because it does have many aspects to look at.

solid product and investors with full trust aren't a guarantee that ICO will not dump on its first exchange. instead big holders will try to buy at lower price by dumping their big bonus and trigger panic sell.

big bonus is not a sign of scam ICO but a sign that the token will become whales toy

Wait, I didn't say that investors and solid product will guarantee that the token will not get dump but it will further lessen the chances of getting dump.

I see some icos that pointing fingers to bounty participants saying that they're the reason why the price fall but the truth is investors are the first who dumped their investment because they lose their trust to the product as well as the team. And it's vital if investor's trust are already ruined.