FAKE ICOs Bounties. What to do?

[violetsky901]

before you sign up for the first got Bounty-a campaign that promises you fabulous wealth, you have to approach the project from the point of view of the investor, because even though you do not invest money, but you are investing on their own and time, which is the same resource as the money.

[Linhkej]

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?

To distinguish between real and fake projects is quite easy. Phishing projects often offer very high bonuses (over $ 4 million) and they often hide the founders and executives of the project. This is a common way of identifying phishing projects. So you need to find projects with reasonable bonuses ranging from $ 1.5 million downwards. That is my experience and hope it will benefit you.

[jets567]

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 will be hard for beginners to differentiate a legit and a scam ICO/project, because there are companies that have good projects that is being run by professionals in this kind of scams. It is annoying because sometimes the project that we are promoting ending up scamming people. But there are still ways for you to spot those shitty projects, my advise to you is too look for their whitepaper because most scam ICO/projects have poor writing and poor content on their whitepaper. Take a look on how huge the community that is supporting it, if only few people wants to support it better to avoid it. If the people behind it don't want to reveal themselves, more likely that they are planning to scam their investors.

He's right even us with high ranks are sometimes victims of scam bounty campaigns, what i can advise you is to check the new from time to time. You can also check the rating of the ICO you working on. Also check the telegram if the Devs are active and it's Ann thread if possible. If it's weekly you  can check if there stakes being distributed. With simple things like that you can barely grasp if that bounty campaign is legit or not. Also check the hardcap and softcap if it's achievable or too ambitious. Most of the scams are those who promise you the Moon and Stars yet at the end it's nothing but a scam.

[Kulang]

We cannot hold the fact and tell immediately that ICO is fake and said to be scam but being here in the crypto world you need to be observant in everything that you are doing. Also you need to think before you join a specific ICO and be mindful and be wiser for you to avoid that circumstances and will be successful in joining a legit campaigns.

[mware]

first you can look the rank of bounty manager and whether they have a negative trust or not. other than that you have to scan all the information about this project.

[HEvangelista]

There is really no tried and tested method of preventing oneself from getting into bounties unless of course you have promised yourself you will only join bounties being managed by a particular person. Then that is it end of story no need to bother yourself if your only joining one persons bounties whether that bounty is going to fail or not.

[kimthien291]

As we all know this crypto market is growing up along that fake ico,s bounties and another fake projects are increases, so first see the all bounty project deeply and studied well, then compair score form different ico rating sites, ask your doubts and questions to the developers ! like what will be profit ,what is advantages of this project ,

[ronsaldo]

In order to avoid fake ICO's bounties we must research in their sites and on other ico rating sites so that we can guarantee not to waste our time and efforts on doing bounty campaigns which are not legit. Complete the tasks and follow the rules to earn big rewards which the management team distribute to the participants when their ICO concluded.

[Stioned1987]

nicely, for one, evaluation and an in-intensity look at of ICOs and bounties must be achieved right here as a way to avoid fake ones or even the ones that haven't any in all likelihood profit. an amazing historical past check on the humans at the back of the ICO ought to be done and a history take a look at on the marketing campaign manager as nicely.

[vinaphonenguvl]

Bounties with trusted and reputable managers are most likely a legit one because Im sure they search first about the team and the project if its totally legit. Just always make your own research about the team must have real videos from the team so that you will know they actually exist.

[basyang]

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?

Well, In my point of view. If you are novice here you need to be aware and observe what the other members talking about. You also need to know who is a good project manager because all of good managers have successful ICO campaigns and their campaigns is legit. However a scammer bounty is the one who did not pay their member after they finish the campaign.

[huycute10]

The most important thing for me (but this is also not a guarantee) is to find out who the project manager is? how did the previous projects he held and handled? is it successful? and how is the project manager's credibility? If he is a project manager has negative credibility, I will leave it.

[genset88]

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?

If you don't have any experience in picking campaign. Just join in campaign which have trustworthy managers (Amazix,...). Although it doesn't completely prevent you from scam campaign (recently, a scamproject managed by tokensuite), but it will help you reduce the risk.

[AirWire]

Evaluate the project itself. Is it an actual company? Is it based in a country with rules and regulations that have to be followed? Is the team public and you can confirm their existence? How active are they on social media? What do ICO review sites say about them (take with a grain of salt)? Look at the whitepaper and any other documentation provided. Look at the website, was a lot of time and effort put into it?

Do your homework.

[andra73]

I think it does not matter because it's the result we're working on and of course the result is up to every individual if it makes it possible to gain even more profits will even have a positive effect on him otherwise it would be detrimental or still hesitant to do so I do not think we do not jump on the ico!

[nagatomo89]

I am also a beginner like you. And sometimes I also encounter a scam bounty. With recent ICO cryptocurrency, there will be more scams aimed at scam investors. It can be difficult to protect yourself against these scams, but some basic precautions will keep most people safe. Too many ICO projects have been launched, some are very good projects but others are in reverse and need some time to fix.

[strideynet]

if you use an affiliate link to earn money, then you should have several ICO offers and each one should be carefully selected. "Spend money "is a little more serious than"Spend Time". So if you chose this way - you need to learn. The main filter is a serious team and support of funds

[nguyendu164a]

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.

[losh11]

Time is lavish, and you enjoy awaken what is more your make. But size be in readiness of what you calculate in your portfolio.

[Catstevens19]

You can choose an excellent bounty manager - it has a great spirit, which generally does not happen, and avoid the level of the bounty manager only  JR member and member.