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Author Topic: FAKE ICOs Bounties. What to do?  (Read 6400 times)
NinjaCryp
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August 04, 2018, 11:03:33 AM
 #1541

I am a newbie just trying to grow on this platform. Within a week of participating in altcoin bounties, 2 bounties I participated in have been reported as Scammers. I get a lot of reads on my articles and Social media pages. I cannot keep encouraging people to invest in these altcoins if they would eventually get scammed. How can new bounty hunters like myself differentiate between a genuine bounty and scammers bounty?
Unfortunately, we always face fake projects, scam every day. There are so many such projects this year. Consider them and choose quality projects. Be wary of bad projects to help the market grow. It is the consciousness that needs to be defined.
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jaypete
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August 04, 2018, 03:38:49 PM
 #1542

It is possible to get information from telegram channels and news web sites. If the ICO project is scam, people talk and spread information. White paper should definitely be read. The road map should be examined. The ICO score given to the project by experts is always important.
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August 05, 2018, 03:10:56 PM
 #1543

Honestly speaking, there is no way for us to identify if the particular ICO is legit or scam. I think it will require abundant experience for you to know if the ICO you're working with is worth it or not. 

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August 05, 2018, 03:20:54 PM
 #1544

It is difficult to find out if an ICO is a scam or not, to ensure that the ICO is a promising investment, your time, money and effort will not be wasted. Checking out white papers is one way, in my opinion as many pages as possible
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August 05, 2018, 03:25:35 PM
 #1545

The only way to determine the ICO weather is to let yourself know the knowledge of the encrypted market and try to study the ICO project white paper. In this case, you can easily distinguish the fraud project from the potential fraud project. Future profits.
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August 05, 2018, 03:26:30 PM
 #1546

Know the ico first before you decide to join bounties or ico sale.
There is so many way to filter it. First you have to know team behind the ico. Are they trusted or not. Second you have to know they product. Unique product or usually exchange product is better than another product. Third find out their hype.
That's all usually I do before join ico or bounties.

meaamir86
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August 05, 2018, 03:26:44 PM
 #1547

Now, these concerns have been noticed by regulators like the US Securities and Exchange Commission and strict regulations regarding bounty solutions are likely to be put in place in the near future.
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August 05, 2018, 03:39:28 PM
 #1548

I am a newbie just trying to grow on this platform. Within a week of participating in altcoin bounties, 2 bounties I participated in have been reported as Scammers. I get a lot of reads on my articles and Social media pages. I cannot keep encouraging people to invest in these altcoins if they would eventually get scammed. How can new bounty hunters like myself differentiate between a genuine bounty and scammers bounty?
Before taking on a project you should review about icos. Then new join. Also if the reviews that you have been scam, then that's sad . You should choose the BM famous have done many projects to reduce the rate of scam

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August 05, 2018, 03:40:51 PM
 #1549

I am a newbie just trying to grow on this platform. Within a week of participating in altcoin bounties, 2 bounties I participated in have been reported as Scammers. I get a lot of reads on my articles and Social media pages. I cannot keep encouraging people to invest in these altcoins if they would eventually get scammed. How can new bounty hunters like myself differentiate between a genuine bounty and scammers bounty?
bad situation, we just need to start the next project, because they do not pay anything, just next
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August 05, 2018, 04:10:16 PM
 #1550

I think that although you are a beginner, you do not have the necessary experience and knowledge to determine at the beginning of fraud or not, closely follow the projects with your social networks and chats if you do not like something in the team work and you think that it's scammers, drop this company and move on to the new one.
camelson
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August 05, 2018, 04:13:11 PM
 #1551

Now a days it is very important to detect a fraud ICO and for me it is quite easy because of experience.
Best option is to check the team, project and road map and then read the news related to that project. If any thing seems suspicious then avoid the project.
Usually the projects which are promising too much are fraud.
neli234
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August 05, 2018, 04:14:00 PM
 #1552

They can be created for the purpose of increasing follow, view .. especially the information of the user through KYC. Worse than to scam money community
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August 05, 2018, 04:14:30 PM
 #1553

As of today, bounty hunters can't do anything about fake ICO's. There are regulations regarding these. There are no monitoring and regulating agencies. This is why opportunists are there just to take money from investors.

Hoping that regulatory agencies will be created to add security to cyrptocurrency.

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August 05, 2018, 04:17:24 PM
 #1554

I believe that before participating in the company's bounty, from the beginning it is necessary to study the project well, to verify the reliability of the road map, to clarify the founders of the project, what kind of people they are, and after such a check, it is already connected to this project.
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August 05, 2018, 04:19:22 PM
 #1555

I will choose other bounty..and try join again.. i think that is not scam..but maybe their project failed about token sale program..their target softcap not reached and their havnt balance to listing their token at market exchange..choose detail ico project when you want join some bounty program



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Rainbot
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htsz_da12
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August 05, 2018, 04:23:24 PM
 #1556

There's nothing you can do about it, but you can report them, and they spend your time on the bounty, and they're not paid, and you can report them and they're punished.
preva
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August 06, 2018, 12:13:17 AM
 #1557

yeah that's true . there are more and more crap ICOs . all we have to do is doing a good research before joining with a bounty or invest  in an any ICO .
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August 06, 2018, 10:55:57 AM
 #1558

I think there's nothing you can do now. Now just an epidemic of some scam among ICO projects. The second is a bad trend, after the ICO of projects, there is a problem with access to normal ,top exchanges.
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August 06, 2018, 11:16:01 AM
 #1559

I think as a bounty hunters, People should make own research before participating on bounty campaign. Bounty hunters are the people who spreading about ICO to world. So as bounty hunters people have huge responsibility.
Julasic
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August 06, 2018, 11:24:14 AM
 #1560

Unfortunately, when the ICO ends up being a scam, there is nothing you can do.  You won't be paid for your hard work and even if you did, the tokens are pretty much worthless.  It's a risk you must be willing to take if you're involved with bounty campaigns.  Lips sealed Lips sealed
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