Bitcoin Forum

This thread was inspired by a thread opened by @Suryapro (https://bitcointalk.org/index.php?topic=5249192.0) in other to make more people and the newbies aware of whats going on with some old and new project status in the market.
Meanwhile, i will also need the help of guys in other to update this thread with some project that arr not included.


Confido (https://bitcointalk.org/index.php?topic=2173212.msg21788826#msg21788826)
Delectrum (https://bitcointalk.org/index.php?topic=3765386.0)
Envion (https://bitcointalk.org/index.php?topic=2348435.0)
Gizer (https://bitcointalk.org/index.php?topic=2200121)




 Essentia (https://bitcointalk.org/index.php?topic=2704531.0)
Karatcoin (https://bitcointalk.org/index.php?topic=4932340.0)




Tagz (https://bitcointalk.org/index.php?topic=5124779)
Goldenugget (https://bitcointalk.org/index.php?topic=5143332.msg51057493#msg51057493)
Karatcoin (https://bitcointalk.org/index.php?topic=5018893.4080)

It's totally useless if we just keep creating list of scam bounties rather than sharing tips and idea on how to recognize one. It won't be bad if you can help list some bounties with potentials.

To discuss the scam project, you should move this topic to the Scam Accusations section (https://bitcointalk.org/index.php?board=83.0). I will also add some bounties that do not pay bounty participants
- GOLDENUGGET (https://bitcointalk.org/index.php?topic=5145425.0)
- BRAVO (https://bitcointalk.org/index.php?topic=4862980.0)
And there are still many that I might not mention all

Could you put hitmex, blockburn, digital bits, to the list? i would like to confirm if these projects  were avoiding to paid the hunters and these have already confirmed as scam project too.
If blockburn still operates and don't mind it caused by it refuses to pay the hunters and delete the telegram bounty group. 

I see that BRAVO continues to promote on Twitter, I don't know why the news about BRAVO has disappeared, even though at the beginning of this project it was really amazing, did they work behind the scenes?

What is clear is if we are waiting for an uncertain project, then leave it because what are you waiting for if there is no definite decision on this project.

Thanks. I will do some insight check on the project.

To you it might be but at least the awaresness can make people understand that scam project operated in different form and the last time i checked all the scammed project i posted cant be spotted as scam until things really happen. I can see you on this forum for sometime why dont you make a thread base on what you said.

There is no need to create similar thread about this list, I don't find any advantages about that. Almost of bounties only scam, probably around 90-95% scam and only 5-10% legit project. Even the project is legit, only a few project is success and have valuable coins/tokens... most of them are worthless. Since you're want to create bounty scam list, why it's 9 project only? You must check all topic in bounties section and verify it yourself... then create the list.

The bounties section have 12.994 topic now, so it should have around 10.000-11.000 project ended in a scam. Your list is very-very far from the reality, better to continue your work from now. Maybe your list will be finished for next couple of month.

No need, we already have it Safe Campaigns in the Altcoin sections to join. Dont waste your time with others (https://bitcointalk.org/index.php?topic=5228629.0)

Almost all the projects void agreement. If you look at recent one of the supposed to be good campaign GEOA Dao, they had promised to pay within one month of the campaign gets end but they still did not pay the whole reward.

As far as I know, blockburn did not refuse to pay the hunters, at least not yet, they only give a time frame to pay I believe because like we can already see the token is not doing well, the price is already very poor even without distributing reward,
And as for didgitalbits, that I can say is looking like a scam on the part of hunters, it seems the team don't want to pay, the way they are going about it, come june which is their new appointed month to pay, they still won't oblige, they are too greedy to let go of hunters reward,
Hitmex that I have zero knowledge of.

What's the purpose of this thread I can trust list that are in the scam section because they are complete with investigations, screenshot and everything that can prove that a project or bounty is a scam one, this will just end up people threatening some project with no valid prove and reason, I don't know OP's intention but this is one useless thread.

what makes us upset is the bounty that is not paid, especially for the TAGZ project,
we know that in the market the price of TAGZ5 has a high price and tends to go up, if the bounty is not paid then it is very sad

Another thread about scam list? I think I saw someone have the same the other day but this one is much presentable. Even you got a list or update of scam bounty, hunters can never be given hope for this but only dissapointment of not being paid.

Yes this is right. I think some list on scam accusation are far more reliable and arranged together with some proof unlike this one that only rely on the result of the campaign.  We cant consider a project scam until the project really void payment to hunters, but exception to this is like the digitalbit that really make hunters feel they are getting paid but its not.

I have seen this kind of thread many times, it is still appropriate to discuss the same thing in every kind of thread, just suggesting not to make a thread with the same goal and there is only one thread that really raised the discussion of a scam project.

Tagz project owe me alot, I spend lots of energy and time on their campaign, ARCC willingly implement KYC process on bounty hunters to limit payouts, since I only joined telegram campaign I just let go, this is an act of cheating, IMO too is a complete scam and the bounty manager conducted blockburn too which is also a scam project

Tagz has been listed on coinmarketcap. Ive saw this project moon, and knowing that they are not yet paying the hunters is a grave news to all those who participated. The bounty budget for this campaign is not high but even though its low cap budget, team should at least prioritized paying the hunters for helping out. OP should put this one on the list too. You can search many scam history of ICOs and even current one are too many. So this list might be full soon.

Two projects that's I participated in that are toying with my work and money on Data is ARCC and XDB. I do not believe the kind stunt they are coming up with after waiting for months. Conducted KYC twice with them and the whole process now turn stories. XDB paid me 0.1% of supposed payment.

This is the sad reality nowadays more and more bounty campaigns works that got wasted and not paying bounty hunters and accusing anything beyond just to avoid paying its obligation. this is a lesson to learn now especially those bounty managers that before posting any campaigns the payment should settle first in escrow or any other safekeeping method for the bounty tokens. for this concern, those projects are just wanted a free promotion without payment thats the new normal these days. for me, its a wake-up call to avoid those bounty campaigns without any payment guarantee.

i see people complain on here .  nothing really wrong with this kind of thread and i cant say that this is repeated because op only list the campaign that voided thier rules which i havent seen before on this section   .

 though this still ended up as a scam  . i think this one is more harder to detect because they can make the project look like legit based on their rules but they will revise that rule anyway according to thier own likings

Don't expect anything good from blockburn team, they dumped their tokens already, whatever they will pay bounty hunters won't worth any penny, I avoided HITmex when I came across the project and I'm glad that I did, this year so far only blockburn failed among all other projects I've promoted, Spyce bounty looks like scam too, now the token loses lots of value too

ARCC are cheaters, I already stand on the fact that the bounty has no KYC, that's even the main reason why I joined the bounty campaign, I was shocked that the introduce KYC for hunters, I missed the KYC verification time, now I got nothing, so unfair

That bounty campaign was managed by julerz12 if I'm correct, that guy hardly go back on his words, he is a very trustworthy bounty manager, but I hope you are aware that Geoma Dao bounty has KYC ?

Many projects scammed bounty hunters in 2019 and I can't even recall their names anymore but this year so far only blockburn turn out to be scam on the list of bounty projects I joined so far, I'm expecting more actually, only HEX and Cartesi turned out good for now, it also looks like hybrix paid hunters too

There are so many threads like this in the past years.

I'm not greatly affected with this scammers and drama shit because I'm done with it already. I stopped joining or investing to them a long time ago. Those people who are affected greatly by these bounty scammaz are the bounty hunters and the investors who spend their time and money and will end up nothing. Feel sad for them though.

Well anyway that is how bounty hunter works here. There are projects that will pay you and there are some who are not. There are some who will pay you but the token doesn't have any value. There are some who will pay you and the token will be listed on the exchange but it is either no liquidity at all or the price has plummeted so much already.

On the other hand, that is the risk of the investors especially they are investing on a new project which is not 100% sure success. Investing in these new projects have high risk but high reward too if you sold the tokens you bought.

You may need to reveal the project is scam, I mean put some proof so as everyone will know and will accept it.

Also, is this the right way to discuss this issue? Since there is a scam accusation thread which I think that is the right place to discuss this issue.

You can also engage everyone here especially newbie user who just come to this forum that didn't know much about this place instead of become bounty hunter.

KYC for whom? I hope you are not sleeping when making a post, because I did not see the KYC debate in the bounty telegram group. Yes, the Geoma Dao bounty campaign is held by julerz12, but you must wash your face first to read the general rules written on the Geoma bounty campaign Dao.

The thread was created to do some clarification and update information about the project especially those projects listed among the link you provided. Besides, i believed you haven't heard what was said about Block burn (https://bitcointalk.org/index.php?topic=5244951.msg54419162#msg54419162) which was list by the OP of the link you sent and like i have said earlier some project cant be known as a scam until the whole thing happen

Thanks for the information. I will check if they haven't paid their bounty participants.

No, we can take many lessons from here. The list made by the OP and a number of other additional campaigns written by the members above teach us that there are lots of scams. They commit fraud in various modes. Some delay the listing, some lock the reward, some just give an appointment and then disappear, etc. We can make these modes so that we are better prepared to face risks. Even though it looks easy, being a bounty hunter requires struggle.

Aside from that, we will see how those crap projects were introduced in the crypto community. Though the list will not give us much significance but if you will browse each project that turned out to be scam, you will get the idea how those scammers screwed their investors. They are in various forms, so in the future, you will get the idea how to spot a potential scam or crap project because you already did encounter such style. So giving the list is really not bad at all.

If ever there would be a list of this kind of project there would surely be a long list. One of the reasons why a lot of investors don't trust new projects because of a lot of projects run with investors' money. If they can't pay a bounty, what more commit themselves to develop the project.

true, giving a list of fraud projects like that is not bad, so they can research the project why and how they do fraud, in fact there are many other projects that do the same thing but if mentioned it will be very long

It has no KYC requirements at all and that was one of the reasons I had joined them. I know julerz12 to be a very trusted and professional bounty manager. I had chat with him too. But this is something different. The project owner can not spend the GAS fee which is really an excuse (guessing). It is not julerz12's fault.

Gas fee! How big is the gas fee to send participants reward that the project owners can't afford! This is really an excuse like you said, if the project is that trustworthy,  I don't think gas fee can be the barrier to send reward, except intentionally they don't want to do it, which ofcourse is no longer news with bounty campaigns and reward payment.

I am noticing that more and more fraudulent projects appear in the bitcointalk forum. Most bounty hunters fall into these people's traps, so what should we do to avoid labor exploitation?
If everyone does not have the ability to check the project, I recommend everyone to join the project of the prestigious bounty manager. These include Artezy, Wapinter and Bounty Detective. They are all very reputable groups and management, never run scam projects.

Probably @cryptoaddictchie is not updating the thread, last update is on May 6, 2020. But, that's just a recommendation for bounty hunters, not always 100% safe. I have tell many newbies/newcomer to avoid bounties, and they always said "No problem, since we know the risk before join a bounty". Then, it's their problem... so listing a potential scam or ended as scam bounty is useless because they're know it before.

Even if you think the blockburn is scam/fake project and should be excluded from safe bounties, why not post it in that's thread, explaining about your opinion and proof or you can send him PM rather than creating useless thread?. As I said before... you need to lists all scam, potential scam, and void agreement project from bounties section, not only 9 project.

Damn, I'm almost thinking of participating in Karatcoin but now see this thread. Thank you for saving my time or else it would be waste. I wish we could have a master list kinda like this thread so newbie can check-up before wasting their time.

It is sad that there are many projects that ended up as a scam. Many people are making efforts and wasting their time just to end up being scammed by such projects. I also participated in scam projects and the  recent project I participated was Emirex. I can't say it is a scam because IEO is still on going and we already received tokens but it's still locked, althouhh it has been months now since we finished campaign. I may say it's a sleeping project for now but hopefully it will not end up as a scam just like those mentioned above.

Hitmex had a conflict against its Bounty Manager, Hitmex accusing their BM of overcharging of payments because they(Kakutoa) will create their own project even their different bounty campaigns have been in jeopardy because of scam accusations towards the bounty magager team. For Digitabits they firmly believe that the hunters did nothing to promote the project and I don't know anything about blockburn but I joined in their campaign though.

There are too many scam projects in this market, so you don't need to create lists listing them here. It doesn't help everyone, it is better to create a list with good bounty and make payment for bounty hunter.

If you are planning of making a list of scam bounty projects or bounty campaigns, it should be a long list because there are a lot of people here in bitcointalk forum who are ranting about scam projects. Also, you should be posting this list in the Scam Accusations section (https://bitcointalk.org/index.php?board=83.0) to be more accurate and it will be easy for them to look fo this kind of list.

Never waste time on such campaigns, they look very shady and they will definitely scam bounty hunters and investors. Participate in the projects listed in this market exchange, you will definitely have a higher chance to receive rewards.

There are new scam/shitcoin projects presented everyday, a list or thread of this scam projects wouldn't cover all this projects, there will still be so much more not included In the list that'll be a scam project. You can just stop investing in them, or you can DYOR, though even after a research many times, you could feel they are legit, but they turn out not to be, the former may just be the only option imo.
If you do not know anything about a project, you haven't done a research to get information on the team or if they have any shady history with investors or bounty hunters, then you should not join such campaign, only if you don't mind either wasting your money/time.

Blockburn, Insure, Leadwallet ... These are campaigns that have failed recently and don't make payments to bounty hunter. Obviously we have too many scam projects and it's impossible to list them all

Leadwallet? I don't like that bounty projects because the team aren't professionals to me, the website is junkie too, they are Africans looking for money is all I see, I'm not so sure about insure but blockburn was confirmed scam by many bounty hunters, it's really a shame what bounties are becoming

Why do you think that, they are Africans but maybe they are good people and try to create a good project. I checked this project, they implemented IEO at shit exchange and now they have paused it. Hopefully in the future they can implement IEO in better exchange

Yes, that's right, and I see there are still a number of bounty campaign projects that haven't made payments to bounty participants to date, one of which is swapzilla, even though the team has set a date for its distribution, but that can be changed again.

Thankks for the explanation and i also want others to understand that most bounty that turn out to be scam are not usually the fault of the bounty manager. However, i need you to mame it clear so i can understand you about the Geoma project, does they pay the bounty hunters? Is the project scam ? Cause i need to update the OP page.

Thank you for bring this up and I will inform the OP of the thread you mentioned. With that been said, if you read the OP page of this thread you should know that the 9 projects listed is just the beginning so dont jump into conclusion.

I don't know the purpose of this thread that discusses the bounty that ended SCAM because discussing projects that ended scam will not do any good, it is better to discuss projects that have just been launched but have indications of scam. it is like prevention and can help many people

As far as I know, Blockburn only delayed payments for 3 months from the schedule it was supposed to. If they keep their promises, the distribution will be done in June, we just wait, whether it will be real or there will be other delays. ::)

At least we can learn that not all bounty campaigns are legitimate. Even though the product is good, a good team, already traded in the market, has the potential to be a scam. So, we must do an analysis and be prepared to face all risks gracefully.

Essentia is actually not a scam because in the past the tokens were valuable and some of participants got paid from bounty campaign, only that the project is now on the verge of death due to loss of volume and price decline which is quite severe and also many of their roadmaps are delayed.

May be they are not sharing the truth, may be they are. I have seen in their telegram group that the company behind the project is bankrupted. They are now trying to collect fund for starting the project. The required gas fee is not big. I wonder why julerz12 did not escrow the fee too. Anyway the project seems dying soon.

Hi there I received your PM. Im aware of the allegation on blockburn, it was indeed listed on my thread but as far as you know, the issue resurface after the campaign was ended. But prior to that or in the middle grounds there is no such issue during that time. I dont know what you want me to do, since its done already should I removed that considering its on the ended list already? Making a note would be fine but as my latest update, they delay the payment for hunters which is not good but until proven that they will really not pay is probably a signed of scam. They are still trading on the market right but with a very low volume.

Thanks for quoting me. I dont find any good new campaign to add, but just updated some extension on my list. I'm not sure why some people complaining about my list campaign, which I already put a disclaimer that is not a 100% safe but at least they should do their own due diligence. Having a compile list of 100% legit is not attainable, Im not a super genius to offer them that. Anyways, she already pm me about the thing regarding blockburn. Honestly, I dont like the theme or concept of this thread. Better to report each and any discovery scam on an approriate section than making a shitlist that cant help. A warning about a new altcoin project is better than a proven scam which everybody late to realized that but its good as done. Money gone!

Gas fee shouldn't be an excuse for why they haven't sent tokens to participants. If this is really their problem, then anyone that has a deal with them in one way or the other should be very careful.

If a project isn't coming out plain to it's community, then expect them to go down the rail.

Been Africans doesn't mean they are bad people, I once looked away from a bounty campaign because the team are from Nigeria, the name of the bounty project is Ferrum and after few months the project became successful, they list in good exchange and the token has good volume too

OP I think we shouldn't be talking about bounty projects that scam or cheat bounty hunters, this will only makes you look deep in the past and kill your present motives about bounty projects

Well, Blockburn's price has dropped a lot over the beginning. And if they make distribution in June, they will definitely need a lot of tokens to be able to reach $ 15k. They will certainly postpone it one more time

I doubt that blockburn is going to matter in June because I'm pretty sure they will evade the bounty distribution again, whenever this type of trust less arose in any bounty project I ignore such project as if I never joined the bounty campaign, Cartesi did a very good job today but keeping their promise, all bounty hunters received their tokens successful

They wont distribute anything. They've already scammed lots of bounty hunters by removing them from campaign.

Take a look on their spreadsheet (https://docs.google.com/spreadsheets/d/1QHZWk-P2-6nLsgMqQDLgE1w__ZeorWm09UXmbqYWknQ/edit#gid=1574259404) into twitter section's "Timestamp". I would never believe, that hunters joined the campaign only from March 16 - 18, when the campaign started in the beginning of February. One can say that these are verified accounts only. Then why there were only 3 days to verify participation and nothing about it was mentioned in the topic.

Bounty pull is $15k only, most of the campaigns allocates 20% with 200+ participants in. I just don't understand why blockburn bounty is so often discussed in the forum, when each hunter could receive $15-30 only? I understand if the projects pull was hundred of thousands and hunters missed an opportunity to earn $200+. But complain so much for not receiving $15-30, that's bs :D

Well, several tips on how to identity scam related projects have been provided on this forum if you have been following such topics. 
In another development, the list of scam projects are inexhaustible. Sincerely I cannot even remember the names of some projects I participated in that later turn out to be scam: ethereumbasic, multiversum, datablockchain and so on just to mention few.

Insure is a scam project. They stopped the bounty campaign and did not make previous payments. And for Leadwallet, this project has completely failed to implement IEO in Emirex. Certainly, bounty participants will never receive tokens from them

Cartesi is a project listed on Binance, so I doubt that they will have the guts to double cross the participants and also theit manager is very reputable and known to handle good projects unlike the manager of Blockburn that is provided by their own team. Good luck to all who joined the campaign. If you dont get paid, then just complained on the scam accusation or create any formal complain to them via email. They are listed on few exchanges perhaps those exchanges can be influence about the hunters case.

Nowadays many projects are really struggling with fundraising process, out of the many project coming up everyday in the market, only very very few are able to generate revenue (through the help of ieo in a reputable exchange) the rest will come and then disappear because of lack of support from the crypto community which is the key to succeed, unfortunately if project are unable to sell then they can not do anything about bounty payments.

I really don't know why some projects make use of bounty hunters and when it's time to get paid, they bring up different stories. Some get locked up for a year and when it's time for tokens to get unlocked they exit the project after working to promote there project. Some even come up with excuses like bounty hunters are responsible for the dump in price if there projects. I think its time to have a central bounty association or they pay in stable coins to avoid all these excuses.

I am glad that I did not waste my time in any of it. I always try to do some research before participating in any project. Many bounty hunters just join every bounty they find. Especially new hunters do that often. So I think this kind of post can help them to understand and avoid any fake or scam project next time though it's not very easy every time. Sometimes a very good looking project also ends up being a scam.

The project in subject was not accused only because they didnt pay their bounty participants bug they also fake listing, trade and volume in other to pump the price of their in the market and i will advise you to read the link i sent you through PM for better understanding.

You said it yourself that people are advised not to join bounty because they aren't safe but they didn't listen which means there are bots bounty hunters and newbies which are somehow not aware of the activities/advise going on the forum. Besides, i can tell you that it not us all that perfectly understand what "disclaimer" means cause we have people who are not from English speaking country, and to avoid misconception or misleading people it better to keep the OP page intact.

I think that in reallity this list is much, much longer. Too many dead projects here and on the market in general

@Cryptoaddictchie, the last time i saw the thread i only captured the project you listed but when you said disclaimer now i went over again but i didnt see it on the thread youre talking about and i dont know if there's problem from my ending but you guys can glance at it
https://imgur.com/sutNLTp

I don't know much about blockburn but I can tell you guys if a team is not delivering on their promise that they made you, there is no reason why you shouldn't think of it as scam.

Even if they end up paying you in June, that is still scam, the scam is not getting your work or money and not paying you, the scam is getting your work or money and not delivering on time and instead postponing it. And that is even if they do end up paying, it is still a scam but a smaller scam, this way if they do not pay its even a bigger scam. Hence at the end of the day, if a team broker's one promise, they could break another, this is literally why I trust decentralized coins, like bitcoin and ethereum, if a coin has ownership, that ownership could do whatever they want and you can't do anything about it.

I dont really know why you keep insisting. But okay, I already made a separate section for blockburn hope your happy now. I will be off the chat on this thread, sorry but not really interested to prolong the discussion about the past. Anyway good luck on compiling the OP, it must have a tough work for you.

Thanks for your emphasized. But maybe I did forgot to properly put disclaimer but from what I explained on the thread its obvious that I just selecting list based on my preference but I already put a note and in deed make sure there it is now. Thank you once again.

   Amen to that! It is a much longer list, and one person should spend days working on that list, and with that
list will not be full! It's waste of time, names of these projects don't mean a thing, people who run it change
name and color and we have new scams.
   I been in few bounties that turn out to be scams and some bounties paid me but they just stopped with developing, now I have worthless tokens. It's why I participate in signature campaign and I'm paid in BTC.

Please think realistically, because one's dirty thoughts will not have any effect here, so please give your thoughts here as long as it matches what has happened to all projects.

Now it's not enough to share the name of scam projects because people have to deal with situations like this. Because the scam doesn't gets completely stop from happening. It's been happening ping and it will be happening in the future but the thing is people have to start to make research about the project for a better understanding of it. If everyone would do started to make research then it will get much easier to bust a scam.