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Author Topic: Do you research the company before participating in a bounty?  (Read 2101 times)
Similificator
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October 25, 2017, 12:04:17 AM
 #21

Just wondering if this is something everyone does, and what questions you need answered before you are comfortable participating (and actively promoting) an ICO?


Of course i do. That is and ahould be the natural action of a person whenever he is looking to invest in projects because you cannot go blindly in a jungle. You will die. And in this case, you will lose capital. So you have to make sure that your choice is really worthy of what you are investing.
rainbow169
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October 25, 2017, 12:16:30 AM
 #22

As bounty is like investing your time into the company, I will certainly do some research on the company to check whether this could be a scam or worthless coin anyway. I would also check the bounty manager too.
bitcoinbox
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So far so good


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October 25, 2017, 12:16:49 AM
 #23

Sure, it is important to research the company before participating - promoting an ICO.
Not only research the company but also look at who is behind it, what is in the whitepaper and the roadmap, does the project look serious and doable?
Before participating in a bounty campaign, I do the same amount of research as if I want to invest in the ICO.
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October 25, 2017, 12:34:04 AM
 #24

Just wondering if this is something everyone does, and what questions you need answered before you are comfortable participating (and actively promoting) an ICO?

It depends on the accounts associated with the project, how the bounty program is structured, and the availability of provenance related to the business. Sometimes it's more advantageous to get in early because of space limitations, stake percentages, and time frames. Sometimes the accounts associated with the project have impeccable reputations. And, sometimes the businesses adopting the blockchain technologies are already firmly established fiat firms. Nevertheless, diligently deep diving into the validity of any project is definitely a "must do" for even the most convincing projects.

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bongiu
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October 25, 2017, 12:35:53 AM
 #25

Of course I do, in my case I like to participate in translation campaigns and I always make sure that the ICO I'll be promoting in my native language it's worth investing in!
tansoft64
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October 25, 2017, 12:41:14 AM
 #26

Yes for me also, I have to be sure that my time of participating that bounty will not go to waste, and also to avoid being scam of the newly create ICO projects.
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October 25, 2017, 12:52:11 AM
 #27

Honestly, I take of note of the popular bounty signature I see members wearing here, and look into those first.  Of course, do your research, and don't waste your time with ICOs that you don't believe in ... hype is important but it will only get you so far.  
jlp
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October 25, 2017, 12:53:21 AM
 #28

Read:

3 kinds of ICOs - Protect Yourself
https://bitcointalk.org/index.php?topic=2243157
V1saya
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October 25, 2017, 01:05:29 AM
 #29

Just wondering if this is something everyone does, and what questions you need answered before you are comfortable participating (and actively promoting) an ICO?

This is a responsibility we all should be taking time to fulfill before promoting an ICO. After all, would you feel proud if you are actually promoting a scam or a crap project? Take a look at their objectives to start with, and then read how the team would meet such objectives. Look at the team also as well as their backgrounds. Are they credible or well-grounded enough to reach their objectives?
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STOCKBET TOKEN SALE OCT 29 - USABLE SOFTWARE TODAY


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October 25, 2017, 01:11:29 AM
 #30

Yes, I've researched Stockbet well.

They are rare because they have working software
They have a solid, comprehensive white paper
They are going to play in a huge market
The total value of stocks is $70 trillion
The total value of derivatives is $630 trillion
The total value of cryptocurrencies is only $0.2 trillion which is almost zero in comparison.

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October 25, 2017, 01:37:10 AM
 #31

Totally.  Much of it for ethical reasons but I also want to make money.

I want to make sure I do not get involved in a scam and then inadvertently convince a bunch of other people to get in on it and lose money.  Bounties and signature campaigns are often to gather interest and I don't want to become an unwitting shill for a bad cause.

Thus I am sticking to bounties for coins that:  have a github with actual development, offer utility, don't have anonymous devs, and have a white paper that would pass peer review from the computer science community.

While I may miss some opportunities it offers some safety. 

Currently I am excited about Oyster as they match my criteria.  Iota as a whole is really neat and worth spreading!  Starting to get tangled up in it.  I would participate in any serious bounties which wants to make use of it and the Ethereum platform.  But only after due diligence and research!  Smiley


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Aniik
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October 25, 2017, 01:47:36 AM
 #32

For joining any bounty, I take of note of the popular bounty signature I see how much members here, and look into those first.Generally, I like to participate in translation campaigns.So,I can say that I research the company before participating in a bounty
Ramsay555
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October 25, 2017, 01:50:02 AM
 #33

Definitely will do reseaech on the project, team, and scroll forum to check any other information about the ico before enroll into it. You wouldn't want your effort to be wasted on some scam project and in the end get nothing from it.
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October 25, 2017, 03:07:15 AM
 #34

yes it is true I always examine the company in more detail how the vision of the company's mission because it is very important and the purpose of the company about what is made the company.
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October 25, 2017, 03:11:39 AM
 #35

Yes, most of time I used to check when it can build large community or not because if there is no product people will not show any interest towards the project. So better to find whether the company able to develop the end user product and deliver it to the public.

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October 25, 2017, 03:11:44 AM
 #36

Yes this is one of the most important things you should do. Because you will know if your investment is real. Especially money is involved here and it is a serious thing. So before I'm investing in a company I'm researching it carefully so that I know what their company really is and their purpose.
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October 25, 2017, 02:02:05 PM
 #37

We encourage you to research our project.

We have built more than most others.

We will be gamifying the biggest assets in the world:

Stocks
Derivatives

We will gamify cryptocurrencies as well, but its total market cap is only 165 billion.

Come make a bet on Bitcoin:  https://stockbet.com/#/BullBear/round/17971

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October 25, 2017, 02:20:42 PM
 #38

Yes ofcourse, every time we will join a bounty we should not forget to check its background, company, websites and more so that we can see that its all real. We should check their information for good and for not wasting our time in a failing bounty.

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October 25, 2017, 02:25:39 PM
 #39

Recently we check all company to join before bounty. First time we check this company profile and check who is a manager those company and also check coin name if manager is a honest and company coin is a well name then we join those bounty other wise we don't join any bounty.
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October 25, 2017, 02:27:39 PM
 #40

Just wondering if this is something everyone does, and what questions you need answered before you are comfortable participating (and actively promoting) an ICO?
it is not questionable that promoting new product should read the description of the product first. it is the sama as promoting ICOs. Many ICOs failed. We will lost time and energy if we join to promot ICOs in the end the ICOs fail. We will not get any payment. On other cases few dev don't pay the bounty hunters like ATS. it is very cruel because hundred or thousands participants promoting ATS for free. I will find reputable managers, realistic projects, and good deveeloper team. WOuld you not be paid after you join signature campaign for more than 1 month? I think no one wants.
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