FAKE ICOs Bounties. What to do?

[niky]

I will begin by saying that you are not the only victim of these fake ICO bounties .I was once a victim to them too. My advise is that 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. Don't rush into any bounty campaign without knowing much about it and the integrity of the people handling the project.

 

[Faeton]

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 us have experienced the bitterness of failures to participate in the fraudulent ICO campaigns. According to various estimates, up to 80 percent of these projects are considered fraudulent and failed ICO campaigns. This is a very large percentage, and therefore to avoid fraudulent ICO is very difficult. Even if we carefully study the documents of the ICO and its team, this will not give us full confidence that the chosen project will not be fraudulent. Therefore, ICO projects and participation in their generosity campaigns resemble a gambling game where you can win, or you can lose. However, in general, taking into account the experience in these projects, it is quite profitable to participate in them.

[LeadS85]

In the early stages, we must allocate suspicious companies and publish them for verification. That proffessionals could do the analysis, and report violations. If you are interested in my method, write in a personal, I will discount the branch in which the analysis of such companies is done

[SirgulioB]

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 no guaranteed ways to solve this problem. But if you carefully study the project before you start working in it, then you can reduce the risk of fraud. The most important thing is to study the team - the reality of their social profiles and their portfolio. If they are serious people with achievements, then most likely they will be honest.

[Catmurs]

No longer do you need to pray to have at least returned the money back , and for the future is to carefully choose the projects)

[thresher]

Choose more carefully, I'm sure that you must have started to notice a certain similar pattern among scam ICO's. If not, look for it, you can find many topics around here to see what I mean. I wish you best of luck my friend.

[GandiwaSF]

no one can guaranteed, bounty fake and airdrop fake just dev to be responsible, must be careful in choosing. all can be traps but not infrequently also real if you see some excessive projects in offering profits you should be suspicious.

[clickerz]

I will begin by saying that you are not the only victim of these fake ICO bounties .I was once a victim to them too. My advise is that 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. Don't rush into any bounty campaign without knowing much about it and the integrity of the people handling the project.

 

Its very rampant nowadays. Its hard to spot those fraudaulent campaigns and ICO's. Even some has a good ratings still you cant predivt tjat it will tirns into a good project. It depends on dev teams to pursie the project. Some are gone after the ICO has ended. Sometimes I check with their partnership with known company and known people in the industry. Also the viability of the project and community support.

[Kavallo]

After a while you should learn to know which bounty managers are reliable and which are not. This can be one criteria. The other one is DYOR - Do Your Own Research of the project you are going to advertise. Reading the whitepaper can help to establish the seriousness of a project.

[TripleDrible]

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?

Just pick a manager with whom you like working more and perform only his Bounty campaign. Until you learn how to independently identify fraudulent projects from quality ones. Or, watch out for the campaigns in which the high ranking members of the forum participate.

[ggg123]

There are a lot of fake Icos, scams lately.. I actually don’t think there is something that we can do. That’s why i always try to do really good research about the projects and the bounty campaign. You can’t know if you don’t try so..

[shadowduck]

one of the recommendations, so as not to fall for the swindler's tricks: think about using the project in the real world - is there really a steady need for an ICO product? Is the problem solved by the project not invented? Is it even possible to do what is intended by the developers?

[mariomerula]

The best way to avoid scam ico bounties is to choose a well known bounty manager.... there are lots and there are lots of thread with their name.....

[Nasa44]

The best way to avoid scam ico bounties is to choose a well known bounty manager.... there are lots and there are lots of thread with their name.....

I agree, fortunately the number of  a well known managers grows with the number of ICOs.

[Fluffinfinity]

Better leave as sooner as possible. It's not that easy when you get involved with it. So better make sure that the ICO's you're joining isn't fake.

[MiF]

I will begin by saying that you are not the only victim of these fake ICO bounties .I was once a victim to them too. My advise is that 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. Don't rush into any bounty campaign without knowing much about it and the integrity of the people handling the project.

 

Its very rampant nowadays. Its hard to spot those fraudaulent campaigns and ICO's. Even some has a good ratings still you cant predivt tjat it will tirns into a good project. It depends on dev teams to pursie the project. Some are gone after the ICO has ended. Sometimes I check with their partnership with known company and known people in the industry. Also the viability of the project and community support.

Indeed, its really hard to determine those fake ICO's especially when you don't know how to scout their platforms. The good ico must be managed in the bounty campaign by trusted manager that's been having good reputations, so you can track their conversations in telegram and redit. Most of the ico nowadays is a disappointments to investors so with social media's latest communication applications through modern technology we're confident to absorb lots of legit information in order to have the assurance that you're safe from scam projects.

[Uncertaintea]

Fake ICOs and bounties have been on the rise  lately,Its however unfortunate that there is little or nothing that can be done about these fake projects, that end up wasting out time, as its almost impossible to tell which campaign is good and which one is not, One  is however advised to stay as informed as possible  before choosing the campaigns to participate an, carryout all the research possible and leave no stone unturned. also make a habit of following reputable bounty managers

[burakdat]

Well lets move on because there is nothing we can do with those fake ICO's and bounties since it takes some time, money and effort to pursue a complain against those team behind the ICO. Moving on the best thing to do. Anyway there are some individual especially those investors or group of investors who had invested on their project might file a complain against those team and if they are unfortunate they will be landed on jail.

[deglog8]

I think that what methods you would not use still can not be completely sure. The main thing is not to stop participating further, because there are many worthwhile campaigns.

[AiwaDima]

Now the market is a lot of cheating and even experienced users can make a mistake with the choice of the program, so gain experience and only then look for projects