So, obviously there is a lot of bounties out there that are not that great, some of them are really good, but some of them just scams.
https://bitcointalk.org/index.php?topic=4419196.0I just found this project, and it has some things that worry me.
First bad sign was a "guaranteed prize pool of 700k USD for bounty participants". No project can realistically guarantee a prize pool that big.
Started to dig a little further and took a look at their reddit presence
https://www.reddit.com/user/1apayment/ (basically non-existent)
https://www.youtube.com/channel/UCIJMXVm3bqn5SK9PvGXxqkQ - Youtube channel is very primary.
After taking a look at their team, it pretty much closed the deal for me. I can't prove beyond a doubt that it is a scam, but everything adds up. I'm not saying that I've proved beyond a shadow of a doubt that it is a scam, but I want to open a conversation to see what people think about this, and to see what kind be done about this kind of thing.
Anyways, I am wondering if there is a better place I could have posted this, or how else to deal with this. In my opinion it is important to keep the message boards clean, and to get rid of projects that don't deserve attention. Is there a system in place to deal with this sort of thing? If so, what is it, and can low reputation individuals such as myself contribute?