FAKE ICOs Bounties. What to do?

[susutao82]

Last time its heppent more and more. At first you must ckeck information about team and all  project. Now there are a lot of projects that just collect money and disappear, it's very embarrassing to say, but the crypto-currency world is a wild field,

[MFY151]

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 think the best you can do is too spread awareness of these bounty campaigns and if by any chance you encounter a decent campaign manager then you may want to continue following him/her. Legit and high paying bounties are often managed by high ranking and seasoned bounty manager. I myself follow certain good bounty managers like Sylon and there are many more out there that I'm sure you will discover.

[khongthoat03]

Unfortunately, most ICO projects are projects at an early stage, which do not have a community or a working product for its development. Instead of dubious promises, it's better to invest in ICO with the existing customer base and partners who are set to switch to blocking (and tokenization).

[sadiem]

Yes, the work is very dismayed when I heard the news about the ICO that we're working on a project only to fraud.
Or is there an ICO project until it is finished and just stay waiting for distribution, however, failed at the Send token. Continue to study and analyze first before following the ICO project.

[obelsna99]

You have to take some time initially to do some due diligence on the projects but realistically it's going to happens sometimes. Learn from it and your mistakes and move on. If it's happening every time though then you're not vetting your ICOs properly.

[alient86]

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

[Lintel]

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?

all you have to do is to read carefully the project and study because anyone can be scammed by those scammers. Also join the bounties of the campaign manager with good records because those managers themselves knew that the project they are engaging into is not a scam.

[adpinbr]

Yes, there are alot of scammers, there are numerous fake ICOs out there and may be a reason why some governments also like to banish these ICOs, sadly it occurs on several alts, it is really hard to find a legitimate program, but I ensure you that it is worth once you've joined on a real bounty.

[ankit05]

100 % bounty is never be success only 40% bounty is success and 40% bounty is fell and 20% bounty not gain higher value. So you can participate 20-25 bounty. I hope you can earn coin.

[huhansan]

This is an act that everyone hates and fake ICO bounty. When each time I want to participate in an ICO bounty, I will seriously understand the team behind them, and their managers, if you find that managers are not active enough, this will not be a good ICO, because a good ICO needs teams and managers behind to spend more time and effort than bounty hunters. This is my opinion and I hope to help you.

[RajaCripto]

if it is true that you follow the ICO scam, you should immediately leave the ICO, look for another new ICO that looks better. try looking bounty with a manager who has a high rank.

Rank can not be a reference, in my opinion better to look for ICO associated with exchangers, banks and property. ICO exchangers, banks and property are usually always successful and attracted many investors.

[suride212]

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 have experienced the same thing with you there is a coin result of a scammer bounty in my wallet and a few days after that the coin is gone from my wallet of course I am very disappointed but it does not make me despair and stop following bounty because I am sure there is still lots of coins from bounty that really have a price

[LickKing]

This is normal, and now it is difficult for you to make money through bounty. The value of their tokens is insignificant. You waste time and waste of energy. I think that if you spend more effort on finding an ICO, you will make more money.

[globalcitizen]

It is not disputing to say that some ICO projects in the cryptospace are scams. Therefore, care should be taken when selecting the bounty campaign to participate in. Make sure the team behind the project as may be listed in the website are real human beings and traceable through their social network handles especially LinkedIn. The bounty manager should also have good reputation in this forum.

[thesmallgod]

The same risk that ICO investors face is the same the bounty hunter face the only difference is that in bounty time and energy are wasted while when invest in scam ico, money, time and energy are all wasted. you need to do your own research well before joining ICO. there are no guarranty that any ICO is save. infact there are some bounty campaign that are not scam but they amount to nothing after token are distributed because the token you will earn will not be able to pay for gas price and transaction fee because the percentage allocated to bounty is too small.

[xaker74]

First of all, you need to look at the project team and what they are going to do, whether it is feasible in reality. The most basic thing - the scam ICO has no information about the people involved in the project and too complex tasks.

[Ayobami99]

Well there isn't a proper way of knowing scam icos for now. But when you follow trusted people,  i think that will surely help as a newbie

[edwardnortonn]

Your readers trust you to give them the best insights on where to put their money, You have a lot to lose as if the articles you right lead your readers to scam coins, you might lose your influence on them and hence lose your valuable ratings, its therefore upon you to ensure that what you market is legitimate, few will understand  that you were scammed too, some will even think that you might be a part of the scheme, chose wisely the bounties you write about.

[gsingh]

Just avoid joining them, it is plenty of them on the forum.
there are a lot of complaint's threads on this forum about this matter, and there are a lot of managers involved in scammy programs

[snowfu199]

I have to say there are too many ICO bounties that won't fulfill their promises.
It is not unusual that ICOs can't raise enough money to cover their bounty.