FAKE ICOs Bounties. What to do?

[tor-sbk]

From this no one is insured, it is difficult to understand the company will be scam or promising. So I try to take a lot of bounty, so as not to work for good luck (diversification).

[shingaerx]

I think now around 70% of projects are fake and scam, so just need to research better.

[GREENch]

I think now around 70% of projects are fake and scam, so just need to research better.

It would be interesting to read how you came to this conclusion!? Maybe you mean those projects in which you are involved?

[ashmodeus]

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?

in my opinion
just follow the good manager as a manager.
well
maybe some bounty campaign got a small payment.
but its better than got a shit from unknown bounty manager.

[haithomocduong]

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.

[Sithara007]

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?

It is quite difficult. Sometimes, by looking at the website of the ICO you can confirm that it is a scam. However, most of the times the truth will be uncovered only during the listing of the tokens, or a few days before that. We can't eliminate the scams. The only thing that we could do is to reduce their number and encourage others to stay away from the scam ICOs.

[haithomocduong]

You should be careful to see ICO if you see ICO that makes you unsure immediately look for other ICO and do not need to hurry to find a good ICO ,, find ICO followed by many people and good luck.

[haithomocduong]

Nothing you can't to do. In this situation i leave coins (if it was payded) and forgot. As usual web cite closet, all contacts closed and you cant doing anything, only leve your time and norves. smiling and forgot)

[tuikindu01]

It is difficult for beginners to distinguish between legitimate and fraudulent ICO/projects. I think it's important for you to choose a reward task. First, you need to find a higher-level reward manager. Avoid novice or JR level managers.

[elygil2022]

Consider it as lesson learned. Need to exert more effort in checking the background of the company conducting the ICO. If problem persists, move on to the next ICO. Not much we can do due to the absence of regulations.

[btcdiggingmaster]

Sometimes it is impossible to find the fake ICO, mostly everything seems to be very interesting but after raising money they will show their attitude towards investors by not responding. So we have to be very careful when dealing with the ICO's.

[swirox]

just look at the ico you are working on or the altcoin, make google search, check ico website list ...

[Tengcreneng]

Yes, just like with me, it is not easy for us as beginners to judge a scam and legitimate ICO. But from what I know, I think it would be safer for us to follow the ICO which has clearly reached softcap. With the achievement of that sale, then at least we have been spared from ICO scam or ICO is not developing good, and obviously, we are clear will get results.

[gabagandalf]

in such a case you can not do much, i would say. nobody can help us, should something like that happen. i hope i never get in contact with a scam ico.

[trantu0490]

You can also subscribe to some channel - where the bounty of the company is discussed. I know such-but they paid, but there is useful information and not only on bounty.

[NORD YGGDRASIL]

Unfortunately, we are not immune from the risk of getting caught in the scam. And even if you have worked successfully all this time - you will remain without remuneration. I decided for myself to choose good reliable managers and participate in their Bounty

A reliable manager does not guarantee that you will not have any problems with payments in the future. It is a great misconception to think that a well-known manager is a guarantee of success.

[adolf512]

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?

This issue is really worth a special attention, because choosing a good bounty campaign is hard not only for beginners, but for experienced users. For this you need to read a lot, gain experience and study projects.

[nguyenduyen25]

I guess, you can differentiate by looking at their website, team, go through their LinkedIn profiles, read about ICO on different ICO sites for reviews, look into from which country bounty belong to. I am newbie too and participated in 3 bounties since Jan, none of them turned to be fake till yet.

[shelimy]

Collect as much information as possible about the ICO. Of course, this will not give an absolute guarantee, because even multimillion ICOs eventually can deceive their investors and bounty participants.

[IMAR]

I felt bad because being new here then you suddenly encounter scam bounties. Sorry to hear that. Being involve in around 25 bounties, I only encounter 1 scam and 4 failed bounties (did not reached soft cap). Before investing your money and time in a certain ICO, you should really have to review it. The project itself and the people behind it. Good luck mate and good luck to all bounty hunters. Happy earning.