How do you detect scam?

[Wikadin]

Hi, I want to participate in boutnty/airdrop campaigns.

How do you define the scam? Any examples would be very nice.

[1713563481]

1713563481

[chaitanya31]

Ask the campaign creator the "tough" question in the public space provided. If the answers are weak or go unanswered, you've done the best thing you can do as a member of the crowdfunding community.

[Wikadin]

Ask the campaign creator the "tough" question in the public space provided. If the answers are weak or go unanswered, you've done the best thing you can do as a member of the crowdfunding community.

Could you, please, provide any example: ICO, what questions did you ask?

[cryptoyeow]

If I were I will check their background such as website, whitepaper, telegram, twitter

If they ask for donation or minimum eth, please double check and verify carefully

[cry4crypto]

Obvious scam red flags:

- someone asks you to transfer a small amount of any crypto to participate,
- someone asks for your private keys (NEVER give them to ANYONE),
- promising unrealistic returns - if something seems too good to be true, it is,
- asking for any form of ID (driving license, passport, etc.) to participate,
- low quality website & no whitepaper,

That list is by all means not exhaustive, hopefully other users will give additional advice.

[aiannejacob]

Obvious scam red flags:

- someone asks you to transfer a small amount of any crypto to participate,
- someone asks for your private keys (NEVER give them to ANYONE),
- promising unrealistic returns - if something seems too good to be true, it is,
- asking for any form of ID (driving license, passport, etc.) to participate,
- low quality website & no whitepaper,

That list is by all means not exhaustive, hopefully other users will give additional advice.

thnz for the adviced. This will help me alot when i start to have bounty campaigns. I addition with that try to check the people involved with the campaigns if it is new account.

[khoapham89]

If you would like to join an airdrop, just take a look on their website, whitepaper, team. Search some information on their site or whitepaper to make sure that not copy paste from other ICOs. Do not spend too much time to detect them scam or not if you only want to join their airdrop. Because it's not worth to do that.

If you would like to  join their bounty, you have to spend more time to check their information, what problem they solve, their team, whitepaper. Because you have to work with them month by month, maybe. You do not want to take nothing after 3 months doing their bounty, right?

You can follow some bounty managers or bounty teams, who be trusted, you can save your time.

[BQ]

I wrote a post about some things to look out for when investing in an ICO, and since bounties are generally tied to a project that has an ICO, the same applies, you can look here if you want: https://bitcointalk.org/index.php?topic=3760625

[Nayborksta]

Always chech if the project has a whitepaper, read it through, check the team behind it, check their LinkedIn accounts. If something sounds too good to be true it's probably a scam.