How i define scam project?

[Anonylz]

Believe it or not, it is very difficult to point out a scam project just out of the box, yes, they may be some red flags that can give a clue if the project had the qualities of a scam or not but most times some scam project will have all the qualities of a great project but in reality it will turned out to be yet another scam project,  and as long as you are campaigning for alts project it is inevitable to join a scam project unintentionally.

[Oilacris]

Believe it or not, it is very difficult to point out a scam project just out of the box, yes, they may be some red flags that can give a clue if the project had the qualities of a scam or not but most times some scam project will have all the qualities of a great project but in reality it will turned out to be yet another scam project,  and as long as you are campaigning for alts project it is inevitable to join a scam project unintentionally.

Yes, this is true and scammers do really make look realistic projects now compared int the past which makes it even  more harder to trace or know in  early phase  and this is why there are lots

who do still get victimized and its still continuing  even up to  these years and its becoming more harder to know and this is why i dont really trust up new projects nowadays.

I have long quitted ICO or bounty hunting because of this matter.Scam project can be mostly be known in the end of the line.

[TheUltraElite]

..and as long as you are campaigning for alts project it is inevitable to join a scam project unintentionally.

You said it mate better than anyone.

If someone is hoping to become a bounty hunter they should get this statement planted in their brain and that they will be frustrated at the number of projects that end up not paying for reasons whatsoever.

Working for project and then one fine day you wake up to find that it was a scam is a horrible experience. Not to mention the reputation demeaning that happens with it and the only person to blame is yourself.

Still most people dont read these threads and therefore the supply of bounty hunters never end.

[CryptoYar]

I am new in crypto sector.

Your account is almost a year old Are you still new 

I was participated many airdrop and bounties. but most of them were scam. They didn't pay their promoter.

Before joining any bounty, do good research and assume that you are going to invest in it.

[techearn17]

I am new in crypto sector.

Your account is almost a year old Are you still new 

I was participated many airdrop and bounties. but most of them were scam. They didn't pay their promoter.

Before joining any bounty, do good research and assume that you are going to invest in it.

Yes, before joining a project You must look at the White Papers and see their team LinkedIn profile correctly. You will get some information about the project to some extent. What do people do with this project and what have they done in the past? All in all, it is important to get the right information.

[TheUltraElite]

Yes, before joining a project You must look at the White Papers and see their team LinkedIn profile correctly. You will get some information about the project to some extent. What do people do with this project and what have they done in the past? All in all, it is important to get the right information.

Plagiarism checking of whitepaper will make sure you avoid the scam projects. But this is a difficult thing to do because of lack of such softawre available.

Also when you do background check on the team members, make sure to properly do a check on their education background and if possible contact the college or university about their alumni. Many times scammers will make profiles just as placeholders but these are rare on LinkedIn but it never hurts to check.

Before joining any bounty, do good research and assume that you are going to invest in it.

It is better to assume that you will not be getting paid for your work. It is what the reality of the bounty hunting in this forum has been for years now.

[bitzizzix]

To determine whether a project is fraudulent or not, the best protection against this fraudulent tactic is to thoroughly research the individual team members of a project before I invest and in addition to determining if the development team is real, it is also important to try to see if their qualifications match. Do the founders have the experience they claim and is it relevant to the project they manage.
and many scammers put up fake biographies for their projects and are dominated by big names and also with superstar developers to convince investors so it is necessary to do very detailed research thoroughly on the project to be followed so as not to be deceived.

[ARNishad_45]

There is not a particular definition for scam but there are several measures to be checked before investing or joining any project, one of them is Team experience , you can check their previous work experience in linkedin, observe their work very deeply and also check their profile must be old, this can prevent you from mazor scam projects but there are still many steps to be checked.