I've been a bounty hunter since 2016, because I get paid a lot of tokens, so many projects fail so they are never available on exchanges, of course this is a trash token and there's nothing we can do with the trash token, we just hope that one day the project wakes up so the token can be valuable.
began to be seen a lot when entering 2018, many projects failed but still made payments. the tokens given are not listed on the exchange market, so the tokens are meaningless and have no value at all aka trash tokens.
but if it happens under 2017 there are still tokens that are distributed even though they have not been registered on the stock market. In the end, even though it took a long time, maybe even a year, there was still registration on the stock market, so there was also a surprise because many of them ended up increasing in value.
They are not fake tokens, they are dead tokens. Especially a few years ago, many icos were made, many bounty prizes were distributed. But in the process, most teams defrauded people or disbanded. They didn't do any new work. If you have not invested and only received bounty reward, you do not have any loss.
But fake tokens are quite dangerous, you can lose your money because of these tokens
it's true that what was done was not a fake token, of course it was not registered so it was not valuable. many did this in the period 2018 and above, in fact in the previous year not much happened. all this because it is a rampant fraud to seek temporary profit.
The bounty hunter obviously didn't lose money but there was no reward, so time was wasted after working on that worthless bounty. it is clear that if fake tokens are sold and there are investors who buy it, it is certain that they will suffer losses, again this all depends on whether the project owner is wise or not. if they are wise they will return investors' funds but few are wise to do that.