FAKE ICOs Bounties. What to do?

[Lalapo08]

If I encounter a fake bounty campaign or a bounty campaign fraud then I will give a red trust sign to the development team, advisory team, and bounty manager from the project. I do this so that when I meet a project developed by them, I can analyze more deeply and carefully. This is to make me more experienced and not wrong in choosing each project. But usually if I meet with ICO or a bounty campaign led by a manager who already has a red trust line then I look for another bounty campaign without giving consideration to joining the ICO. I don't want to take a lot of risk. I better just look for a safe way.

[1714633432]

1714633432

[1714633432]

1714633432

[1714633432]

1714633432

[1714633432]

1714633432

[1714633432]

1714633432

[Mrsiro112]

You should research more about the projects that you are going to support. Not only this will help you find a legitimate campaign, but will also improve your judgment regarding campaigns.With each bounty you must read their white paper, you must research their team if the people in their team is a true people. Also watching their social medias you can also see that the project has a potential or the team is doing their efforts to make their project successful.

[khoipm]

just like everything in life, you avoid anything which ain't real or fake. simply cuz it'll lead you to nowhere.

[Paha87]

You have experienced the kind that you follow to the end but are finally still waiting and you are told that they are cheating people's money. If you are involved in this fake thread, you have no way of getting anything. You can choose extraordinary gift managers, which generally do not happen, and avoid only member-level managers and Bounty members.

[ongkebau111]

You should always check out the team's background as well.I think reading the whitepaper can give you a good idea about the credibility of the project.

[benjamin11]

I think they should all be banned and should be given punishments because they are all greedy person who takes advantage of others. Although its very difficult to do, I think all we can do is to be more extra careful. If you think you are already into it, try to get out of it as quickly as possible. Try also to report the person behind the project.

[Thelionnakrod]

The first step you must have done before decide to join in any Bounty is review How potential it is. You should read white paper, join telegram group and see what people ask! You should also ask concerning questions you got, based on your knowledge from what information you earned on that project from white paper!

[tinystone26]

I'd better leave it if I were you to not waste our time because in my past experience in a scam campaign that didn't give our rewards. All the participants ask for the team manager and he just always say that they are not the one who distribute the rewards and the bounty manager is also saying a the same answer. That's why I think we can't do about that thing we can only do is just leave those kind of campaigns.

[ForTheAzerot]

Recently, it is difficult to identify fraudsters, but always before entering the company it is worth exploring the site and the social network.

[spacedis]

Definitely, do some investigating about the company before diving in too far. Make sure you are on top of what is really going on.

[Adeyod]

I will advice that you do some research before engaging in any bounty

[KiloWatts]

You can try visiting the project's website and read the details. It's a big frustration on the part of the investors and participants if the project is the scam.

[bitok_1979]

Even experienced hunters can not be assured of a generosity project for 100% fraud, which they learned to do in ways that are difficult to distinguish

[Nesbee2]

Well I think some of those ico bounties that turn scam didn't originally come as scam.  Sone of them have a problem of reaching soft cap and as a result decides to halt the project.  So what I do is before joining any bounty I do a little research   to find out the team,  product  or even  partners of such projects. I don't just jump into any bounty.

[wartywarlock]

if you want to join a particular bounty campaign, try to thoroughly investigate about that project. You can check the official rating of people about such ICO project, check its white paper and there may be a need for you to ask questions from people whom you know really know more than you do in bounty hunting.

[Tashi]

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?

I guess the number 1 tip I'll be giving is that when you find the campaign manager suspicious, leave the bounty already. You can inspect it by looking at the rank and trust rating of the campaign manager. And also their website,  if you think that it's not legit then don't join.

[Fakeer 666]

I think that such companies should be banned because they are all wearing collars and when participating in the project you just kill your own time. It's better to check these false companies and do not give them the opportunity to go to the forum.

[Guli]

You must check all the factor before. Not all ico are fake before you join any ico you have to find out which project was real, what is the company road-map, market demand and the dev team if all the factor remain good then that project called the real ico.

[Phunke]

Its sad, most scammers use ICO's a new means of extorning people coins, since they see ponzi and creation of fake mining platforms isn't working, but 1 thing they should understand it the Crypto market might not see lots of progress if this  proceeds, because new  investors will always get discouraged and one day give up, but its sad this selfish people do not understand this.

[senyorito123]

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?

Almost all of the ICO's today are being made to scam investor's and participants,its so sad to think that ICO's reputation is dirty because of the the scammers that they only thinking easy money and I observe that many of the legit projects now are not successful in their tokensale because many investors stop investing in a ICO's for the reason they are losing a lot of money they invest and losing their trust in the ICO's,so before investing or joining a project you need to research it check their website and also the team behind if not anonymous so that you can assure if the project is legit.