To admins, high rank members and members,
We should have the right to give negative trust to a bounty managers or rate their records. This must be the answer to prevent wasting our time and efforts. In that case this will push them to examine their project carefully before they're going to post their thread here. Or else they will put their name on shame. As what I had experienced as a newbie member here, I had wasted so much time and efforts creating and sharing those project just to promote them but it ended up on nothing. I like what I'm doing but it is very stressful when you ended up on nothing! Maybe some of the Bounty manager here really know from the beginning that their project was really a scam but because of the shares they will have they intended to make a newbie account or use their secondary account just to make money through scamming. For me it is acceptable if the project ended on not reaching their soft cap rather than ended up on a scam project that's hurt a lot!
NO TO SCAM PROJECT!!
PREVENT A SCAM PROJECT!!!
NEWBIE MUST NOT PUT THEIR EFFORT IN VAIN!!!!
There are so many bounty managers here but do we know who to choose? I am suggesting here that what if, bitcointalk.org must have an accredited "Bounty Managers" ? Those bounty manager must under go on,
1. Verification, the purpose of it is to know if that person really exist.
2. Capable, in managing the project and has a complete team members because he/she can't handle it alone.
3. Membership, bitcointalk.org must set a requirements to become a "BM", rules and regulation to be among the most trusted and accredited BM in bitcointalk.org.
1. The purpose of this suggestion is to lessen the scam project so that no efforts will be wasted.
2. To prevent blaming the BM if the project will ended up on scam. ( The BM must face consequences, like for ex. He/she is not allowed to conduct a new bounty project for 2 weeks.)
3. Participant that put the blame to the BM must also face the consequence because of disrespecting.
I hope this will help us and notice by the Admins here.
Everything starts with the project’s whitepaper.
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Examine the Team
- Must be verified if that team really exist.
- A solid team will be composed of members with verifiable industry experience, both in business and blockchain development.
- I tend to look for teams with blockchain experience or experience building an open source community or platform on a large scale.
- It’s important for the project to have achieved some milestone to demonstrate the ability to execute.
The project must compliant with the law
- Ask for legal opinions clarifying the token’s nature.
- ICO’s token may be considered a financial instrument and could thus be subject to financial regulation.
Evaluate ICO’s market potential
- Analyze the entire plan, especially whitepaper as the project’s core document.
- Compare it with similar projects and determine what makes it so different from others, both positively and negatively.
- Never trust developers who promise you a huge return on investments. They probably just want to take the money and run away.
ICO campaign has a different purposes, you need to learn how to recognize the ones that really have market potential
I HOPE THIS WILL HELP
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