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Author Topic: FAKE ICOs Bounties. What to do?  (Read 6289 times)
lengocanh2998
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May 03, 2018, 05:32:32 AM
 #621

To avoid such situation first of all join bounties that you can find in signatures of users with high rank. They've definitely made preliminary analysis before taking part in it.
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anquoc2000
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May 03, 2018, 05:35:40 AM
 #622

Forgot man, sometimes its heppend. I have the same situation too
First of all i looking for bounty manager, check ICO, check name of coins, which market include it - this information can gives some guarantee you not skam project
acmakc12
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May 04, 2018, 09:04:12 PM
 #623

I think we can do nothing, but for example we need to chek whitelist and quality of everything, learn all information about project, and try to participate in campaigns with mid cap :d
AmorFati
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May 04, 2018, 10:03:46 PM
 #624

Always evaluate the transparency of the team plus the accurate details in the whitepaper.

Before I start joining a bounty campaign, I always make sure that I have read the whitepaper, and try to understand what the platform is all about and if the team is visible to the eyes of the public.

There are so many bounties that you can join in that you need to filter high quality ones from the lower quality / scammy types.

Established bounty campaign managers provide a high success rate compared to newbie rank managers.
ogini
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May 04, 2018, 10:11:37 PM
 #625

The easiest way to know if a Bounty is fake is the White paper, advisors and the whole team behind such a project,it will guard you against fake Bounty's and is best not to invest

finaleshot2016
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May 05, 2018, 11:00:19 AM
 #626

If the project is very suspicious then doubt it, don't let yourself fool by those beautiful words of them.

Lack of information about their project is one of a factor that this is a scam. Don't be fooled if they said that it's for protection against their opponent project. If their project is good and have a unique platform they dont need to worry about it right?

Always read white paper and always ask the devs or community manager about the campaign.

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bidbud
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May 05, 2018, 11:04:00 AM
 #627

I also can not explain where the original bounty and that not only I suggest choosing bounty with a bona fide manager like sylon ,, or see the product of the bounty project ,,
[ProTrader]
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May 06, 2018, 09:20:34 AM
 #628

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 can differentiate it by researching the bounty that you are going to join. Check the profile of the team if they are credible enough to deliver their promises in their roadmap.
The idea must also be unique and achievable.
Baltman
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May 06, 2018, 09:22:33 AM
 #629

That happens. You just find a new project, and spend 10 minutes studying the project and the team to make sure it's not fraud

calandra78
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May 06, 2018, 09:31:45 AM
 #630

Try to find out the team working for the ICO, you can find out if them mostly are anonymous random person who don't have any profile or reputation than better to stay away from that ICO.

sometimes the problem lies in the greedy manager by cheating for personal gain. as recently as a tokenpay case. the participants did not get their payment

Longfellow27
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May 06, 2018, 09:33:28 AM
 #631

It is hard to determine which bounty is really fake or scam. Even the good ones failed and branded as scams. So i think to make it clear which bounty will be going to give you the real reward is by observing how their team had been making promotions. Some ICOs had teams that are so active that they really spent sometime for it and not just display it on the web. The team are well known and their personalities as posted in their websites are revealed correctly such that all other informations are available. You wouldn't be expecting a bystander or a person connected to many illegal activities be so active in making ICOs and sincerely offering his time and effort. So its a matter of knowing them. Maybe this will help in choosing the right bounty.
Kulafu
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May 06, 2018, 09:35:38 AM
 #632

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's hard to differentiate. But there are bounty mangers that are proven trusted. Just choose the bounty they are managing.  

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jdkly
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May 06, 2018, 09:36:14 AM
 #633

I am glad to see your thread, because I am also a novice. I am also learning how to participate in the bounty. I've learned a lot from this thread, thank you for sharing. Smiley
Mr.Spreadthehamster
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May 06, 2018, 09:45:12 AM
 #634

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 have to pay attantion at all aspects of project from website development to the idea of projects.
Everything should be perfet (big community, good team, investors, etc.), then you will not get scam bounty.

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Regar
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May 06, 2018, 09:53:11 AM
 #635

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?


First, if you try to participating in bounty you should participating in project that you like and you think it can work in the future.
Secondly, make sure if the project are handle by a serious team, i mean it is good if the team have integrity in some project before.
third, if you too lazy to check all of it, just make sure it has a legit website and the project are handle by legit bounty manager.

I think that is my consideration when i want to follow some project.
Ludmilla_rose1995
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May 06, 2018, 10:02:39 AM
 #636

it is now a lot of scam ICO, almost 60% -70% and until now no one has made sure that they are a scam, we can only predict it. we can see from whitepaper, roadmap, website and team them. usually very suspicious when looking at a perfect project. and they also usually promise a very fast token process and big profits

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May 06, 2018, 10:09:42 AM
 #637

It is not difficult to know a good bounty, by their fruit you shall know them. There are simple actions you can take to know bounty that will be gainful, check the team it is best to register for bounty where softcap has already been reached.
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May 06, 2018, 10:44:56 AM
 #638

Carefully read the forum and see which bounties are chosen by participants with high ranks. They have more experience, so you can trust them.

Scaming is becoming increasingly sophisticated. Choosing bounty whose manager have high ranks doesn't help you to completely avoid the scammer. Because they are just manager, not ICOs staff. There are many successful bounty campaign whose manager is Jr/Member. No matter how much experience you have, you may be scammed a few times.
We can avoid it, but not completely. Checking carefully ICO will only help you reduce the risk.

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trung.nguyen2382
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May 07, 2018, 05:56:52 AM
 #639

First thing i look at is bounty manager, if its a new account you should procede very very carefully, newbee as well, if its a legendary member than i would give it some more trust, BUT i just had a scam ICO with a legendary bounty manager, so even that is not 100%
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May 07, 2018, 06:08:14 AM
 #640

Try to find out the team working for the ICO, you can find out if them mostly are anonymous random person who don't have any profile or reputation than better to stay away from that ICO.

Run the command through the search engine, social media, look. If there are no such even data about developers, it is better not to climb there.
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