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Author Topic: FAKE ICOs Bounties. What to do?  (Read 6400 times)
Nexigen
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February 25, 2018, 04:58:02 PM
 #181

Difficult situation. As it seems to me, we all will face such a problem once. But at best it is necessary to conclude a contract between the two parties so that there are no problems.
To conclude a contract seems to me unreal. Too many people can contribute to the promotion program. This is a lot of problems for the customer.
Will the contract be concluded? Really? Do you really think this way of solving this problem? The participants will then go to court with this agreement and there will be endless meetings. This is negatively on either side.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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February 25, 2018, 04:58:29 PM
 #182

Does it happen often to you guys , that you dont get paid your bounties?
TheSmo
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February 25, 2018, 04:59:42 PM
 #183

Difficult situation. As it seems to me, we all will face such a problem once. But at best it is necessary to conclude a contract between the two parties so that there are no problems.
To conclude a contract seems to me unreal. Too many people can contribute to the promotion program. This is a lot of problems for the customer.
Will the contract be concluded? Really? Do you really think this way of solving this problem? The participants will then go to court with this agreement and there will be endless meetings. This is negatively on either side.
For a project is a good free advertising. Not really free of course. But still, he will get fame and publicity.
isen
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February 25, 2018, 05:01:45 PM
 #184

Difficult situation. As it seems to me, we all will face such a problem once. But at best it is necessary to conclude a contract between the two parties so that there are no problems.
To conclude a contract seems to me unreal. Too many people can contribute to the promotion program. This is a lot of problems for the customer.
Will the contract be concluded? Really? Do you really think this way of solving this problem? The participants will then go to court with this agreement and there will be endless meetings. This is negatively on either side.
For a project is a good free advertising. Not really free of course. But still, he will get fame and publicity.
Even for lawyers, this will be a good experience. There will be a judicial precedent, a legal practice. The world of crypto currency will reach a new level. There will be state regulation for these currencies.
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February 25, 2018, 05:04:23 PM
 #185

Difficult situation. As it seems to me, we all will face such a problem once. But at best it is necessary to conclude a contract between the two parties so that there are no problems.
To conclude a contract seems to me unreal. Too many people can contribute to the promotion program. This is a lot of problems for the customer.
Will the contract be concluded? Really? Do you really think this way of solving this problem? The participants will then go to court with this agreement and there will be endless meetings. This is negatively on either side.
For a project is a good free advertising. Not really free of course. But still, he will get fame and publicity.
Even for lawyers, this will be a good experience. There will be a judicial precedent, a legal practice. The world of crypto currency will reach a new level. There will be state regulation for these currencies.
I think that the power of the state is not needed here. But the agreement will oblige both parties to execute it and for its violation, some punishments will follow. Maybe the reputation will be at stake or the fiat money.
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February 25, 2018, 05:16:57 PM
 #186

I do have a fake bounty token and it's actually my very first signature bounty campaign that I really do regret because that time I was spending too much time on research and choose which one is the best than the other one but so I landed into a scam ICO that is which I realized few weeks after I got their bounty token stake.
Tangerine Exchange is one of the fraud ICO and although they're still operating as I checked their profile there are still passing on the coins but since October until today they didn't bumped any Coin Exchange so now my wallet has shit coins since last year.

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February 25, 2018, 05:24:02 PM
 #187

This is a problem indeed.
I believe that i have agood eye for this , I havent been promotng any scams yet.

i just dont go for the project if there is any doubt in my mind.
I research country, idea, quality, any weird stuff in potential ICOs

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nguyenhoven
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February 25, 2018, 05:26:24 PM
 #188

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?

you need to be able to evaluate the project before you join it. Do the same research as you would do for the investment, before you joint the bounty. It's like you're going to work for the company, you just make sure it's legit first.

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Alina_kr
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February 25, 2018, 05:30:43 PM
 #189

If ICO scammers get a reward it's simply impossible! Therefore I try to study the map of ICO well!
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February 25, 2018, 05:35:09 PM
 #190

The right thing to do is stop promoting this suspected scam bounties, research for facts cause I've seen a lot of project branded as scam by butt hurt people but ended as a good project. We needs facts not FUDs. If proven scams then spread awareness to other people as much as possible.

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February 25, 2018, 05:35:46 PM
 #191

It is normal that you encounter fraud campaigns. We cannot 100% avoid that because there are some ICOs that looks promising yet it is a scam. Though we can lessen the risk of joining a fraud campaign. You should search and analyze carefully that certain campaign. With the project itself, the team, the website, its community, the campaign - those should be consider before joining.

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February 25, 2018, 05:42:57 PM
 #192

even god company can scam you just need to choose a good project with a good team and a good roadmap and everything will be ok
It is absolutely impossible to choose an ideal ICO.
Meanwhile even  kids now can paint a roadmap and create a landing page.
We remember ICO's with fake persons and advisors photo. Smiley

Rus3001
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February 25, 2018, 05:48:55 PM
 #193

The solid projects have big support specially from members with a high rank and you  need to choose a good bounty manager,
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February 25, 2018, 05:49:04 PM
 #194

I think you need to look for evidence in advance if the ico is indeed a proven scam and you can report it to the forum discussion discussion, the moderator thread will take action for it

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February 25, 2018, 06:07:21 PM
 #195

How can new bounty hunters like myself differentiate between a genuine bounty and scammers bounty?

Nothing, all can know when ICO runs. What determines is the many enthusiasts / investors who participate. And all this is the duty of bounty participants to offer. not specified rank member status.
Cryptobel
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February 25, 2018, 06:22:39 PM
 #196

This is a good question)before taking part in ico it is necessary to study the project to see their plans!in General, there are many channels where the ico is dismantled and talk about their prospects !there are also sites that announce ico!it is necessary to understand))

QueenOfCrypto
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February 25, 2018, 06:27:33 PM
 #197

Nobody but your analysis can tell you if an ICO is legit or not. And if you believe that an ICO is a scam you'd better leave it, not just for moral reasons (which anyway would be a good reason to leave) but because if it's a scam the tokens you would get would be worth nothing, so you would be just losing your time and efforts.
SameerSony
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February 25, 2018, 06:50:18 PM
 #198

A good way to differentiate a good ICO and scam ones is the amount of funds that have been raised in the pre-sale. I know most ICOs don't post this info / don't have a pre-sale, but I generally never do a bounty that doesn't have some pre-sale amount, unless the hype for the ICO is incredible.
MurkaaXX
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February 25, 2018, 07:11:51 PM
 #199

You should verify the Whitepaper at first and verify the project of them. Also you can talk with the founders (you can use the linkedin for exemple).
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February 25, 2018, 07:13:33 PM
 #200

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?

There are certain Bounty Managers that have hosted tens of Bounty Campaigns in the past. I recommend to trust those. And expect Bounty Managers to be at least Sr.Member if not Hero or Legendary Members here on the forum.
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