FAKE ICOs Bounties. What to do?

[Labay]

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 hard to know the scam and the genuine bounty at first because you need to done the ICO before they get paid and it is bad of having that because you waste your time for the scam bounty.  Choose some good manager because sometimes the campaign doesn't want to pay but the manager want to pay bounty hunters by doing their job so sometimes they wish on some developer on small amount to get paid for the bounty members and I experience that and I am lucky because of manager.  If you want to get a high chance of legit bounty, then find some good manager or famous manager.

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[Veseloff]

Like that, just go on. Got a bad project or scammers, just keep going, you did not lose your money in this project, you get money for free, so I do not think it's worth worrying about, but just doing more and more.

[LankaJay]

Actually it is pretty hard to identify good ICO now. But as a bounty hunter, you can do one thing. Do not join any bounty right after it started. Just wait few days. If you are not joining social bounty then wait at least 2-3 weeks. then you may able to get an idea about the project. Another thing is, if the project reach softcap then you can join that bounty with higher confidence.

[doroshok1]

If you think that this is a Scam, then rather stop working with them. After all, to educate others about this company does not make sense and you will not give anything. And over time, you will gain experience and be able to minimize the risks of running into scams.

[mark 6]

According to my mind, do not go for the project if there is any doubt in my mind. I am researching the country, idea, quality, strange things in ICO potential. If proven fraud then spread awareness to others as much as possible
 

[Diamond_Darrell]

Now everything is gradually turning into the usual fuss with cheap high-level projects. Find a truly worthwhile project now more and more difficult.

[Madara_Uchiha]

Learn more about the crypto currency market and analyze projects as soon as you can. In the beginning, you will not be all good at it, but in time you will gain experience and better understand this sphere.

[xberexha]

I know there is many bounties and ICOs are fake but some of them are legit because of they are paying. I would advise you to research first on their projects, team, bounty manager, bounty campaign, Roadmap, whitepaper and spreadsheet before join any bounty. After this, if you think that this is real then join it otherwise leave it and choose another.

[Sanitough]

Learn more about the crypto currency market and analyze projects as soon as you can. In the beginning, you will not be all good at it, but in time you will gain experience and better understand this sphere.

There are a lot of fake ICOs but the fact that we are growing every year, it will give us more opportunity to find good ICO.
We can join both being an investor and bounty hunters, it will be good for the project as we put our money where out mouth is, that way we can double our earnings once the project will succeed.

[Stormspirit]

I think one way to avoid that is to follow the gifts you can find in a high-ranking user signature. They have certainly made a preliminary analysis before taking part in it.

[Lisa110386]

Sometimes it is very difficult to determine the scam bounty or not. All you can do is be careful and take the time to study a specific bounty campaign. To view the social network, including the members of a team. I often look up team members in LinkedIn or just looking for information about them.

[Betaa]

Sometimes it is very difficult to determine the scam bounty or not. All you can do is be careful and take the time to study a specific bounty campaign. To view the social network, including the members of a team. I often look up team members in LinkedIn or just looking for information about them.

True, it is very difficult to choose an ICO project that is not a scam because some of the projects that appear now are scams. we must first analyze the project before choosing a project.

[hongoccuong6]

How do we know if bounties are a scam?

[makerst]

The only thing that can be done today is to solve problems with projects that already have a scam, it is necessary to make developers and punish them, but as we see today, there are fewer and fewer projects in which developers show their faces.

[Coltpython]

This is why we need regulations to curb the menace of scam ico. They can tarnish the image of the bounty hunter who's sole job is just to publicize the campaign. I have been a victim too and had to take down my article once they scammed. The guilt I felt towards to unsuspecting investors gave me minor depression that period

[Bikers]

It is very difficult to pick a genuine project from fake ones. What I would advice is that you done a thorough research about the bounty campaign manager. Check the number of bounty campaigns he has managed and check the success rate of those campaigns and make your final decision based on your own analysis of his work.

[Futbulistis]

It is not easy to find a good award - ICO project. When I was a rookie, I had the same situation. Keep exploring, day after day you will be experienced and will be able to find a good campaign

[riskarcher]

so many ways to identify ICO Bountie is scam seen from how the developer made an agreement with the manager bounty and the transparency in calculating the stake every week or not at all. what often happens is that after developers get huge profits from the ICO they will get rid of bounty hunters and betray hunters without the need to pay for them

[Alex1205]

if you can know, what bounty project are you following? try we can see from the number of investors or roadmap it, from there seen if ico is able to achieve the target, ico can be believed and not scam, most ico scam that ico who did not reach the target

[BitSharke135]

If you find out there is scam, choose another bounty campaign immediately. Do not waste time on Scam ICO bounty. Do not join the bounty campaign without research. Do your research first and read the white paper.