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Author Topic: Organized crime in bounties...  (Read 1477 times)
jvper
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April 01, 2019, 04:23:01 AM
 #201

Scamming bounties has become a new source of income for organized groups of scammers. Groups with developers on their payroll are using software to create thousands of bots and dumping them in airdrop bounty to collect 100’s of thousands of dollars in bounty tokens. Airdrops may not seem like much, but when you have 20K fake accounts receiving 10-20 tokens, it’s a huge payoff.

In addition, these groups are paying copywriters a few hundred dollars to write 3-4 articles and then google translating them in many languages and posting under many fake accounts. Often using newbie BCT accounts to protect the higher ranking accounts they created to put in signatures campaigns.

This kind of scam has started to flourish because the bounty managers who manage the projects are too lazy or inexperienced to watch out for these scammers.

Bounty hunters get a bad reputation because of these scammers. Also projects can’t  get quality work because good bounty hunters don’t want to waste their time, since their hard work will be diluted by scammers.

So to protect yourself when doing a bounty:
1. Watch all activities and report scamming to bounty managers ASAP
2. Google your own articles to see if someone has posted it under their account.
3. Don’t waste your time with airdrops

To the admins
1. Check everyone who enters the bounty.
2. Updates stakes frequently so scammers know you are watching.
2. Don’t be lazy, put in the work...


I hope this was helpful...

Bounty campaigns managers must take care of this situation, otherwise bounty campaigns will beome pointless and only a leak of funds for the companies.
shoreno
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April 01, 2019, 04:29:11 AM
 #202

It's nice of you, thank you for sharing it.
I agree, bounty managers since they are managing the campaign, they need to make sure they aren't promoting scam projects,
bounty hunters does not make a lot of research, as long as they will be paid, they will join.

What you are saying is so true but the problem will expected to persist because both bounty hunters and managers are only working for the cash and they would not really mind if the project that they are working on is a scam  . im not saying all but most of them for sure  especially if the campaign reward is too high enough .  

Organized crime on bounty do also happen sometimes when the owner is and the manager as well as the promoters are all the same or owned by the same person  . it can be simillar as to an inside job  .
steveabrahams
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April 01, 2019, 04:30:33 AM
 #203

All points that you said are good OP, but it's back to the bounty manager again. I mean, sometimes the bounty manager is so slow (no offense) to check and update the participants. I know they are super busy, but please at least spare some time to check all those cheaters.
Bitbtc8
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April 01, 2019, 06:17:09 AM
 #204

Bots are huge enemies for bounties if really people are using them and that is plain bad,imagine if half of participants are bots leaving the only few humans the remaining pool allocation ,I hope something can be done about this to detect them and block them ,I hope bounty hunters will take there job very serious and be on look out for these criminals

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zauna35
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April 01, 2019, 07:08:43 AM
 #205

I also want to add that inexperienced bounty managers make google spreadsheet without worrying about security and scammers now just fix their wallets in google spreadsheets with their own ... more about your advice to keep an eye on the spreadsheets and report, now unfortunately it often happens that and inform, and the reaction from managers is zero or inadequate ... maybe you just need to work only with proven bounty managers, but now the choice is very small and the bounty as such disappears, they are replaced by an office bounty with KYC, with a referral link and a small reward ..the sphere of bounty due to scammers dies and has become irrelevant for honest people Cry
sergiokkl
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April 01, 2019, 07:18:03 AM
 #206

Yes  there are problem like this around us, some are filling out the form such signature form in order to get stakes without work. Just change the wallet address of course, well for us the owner of the sccount kindly check it weekly and report to the manager to erase the name. But for me dont psrticipate in this kind of project which bounty manager cant do the job. You will esrn nothing because his not good at managing campaign. Anyway we have a good list of manager which real good in bounty management

||bit
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April 01, 2019, 07:55:42 AM
 #207

Actually organized crime is a little bit exaggerate the situtation.

Yes they are scamming bounties but the biggest guilt is caused by bounty managers. If they do their jobs good, there won't be such a problem. Even with a duplicate check it is very easy to find crazy amount of fake entries.
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