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Author Topic: How to check bounty legit or scam??  (Read 2533 times)
Sadlife
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December 20, 2018, 10:15:21 AM
 #241

That's how doing background research is very important to learn. There are tons of guide you can find in this forum all you need is to explore and educate yourself sometimes depending on your own will help you a lot and that's being said i'll give some quick tips in choosing good ICO's. First see if campaign manager has good reputation second go to icobench in order to find out the ratings of that ICO.

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December 20, 2018, 10:38:25 AM
 #242

Yeah that could give you a hint, also you could look at the usefulness of the project and the team behind it since it really tells a lot. Also check the roadmap of the project and the future plan in terms of mission and vision.

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December 20, 2018, 10:52:19 AM
 #243

how to check the bonty program is legit or sexcem. sometimes there are bounty programs that do not include the spreadsheet

I would suggest you to go through following checklist so that you can understand whether they are legit or not.

- The Manager : Who is managing the bounty program is very important because, a trusted manger will always bring up the most trusted programs.

- The Team : The team behind the project is also important as they are basis for the successful project.

- The Whitepaper : Most important thing and written proof (almost) for the success of project. The bounty allocations can be found under whitepaper and initiating cost can be predicted from this paper and thus it gives us the idea on how well the project will perform in the future.

- The RoadMap : Obviously in line with the whitepaper is roadmap, this is like blueprint giving us the idea about how project is going to work, the dates, launches, etc,

- The Buzz : Whether this project is  on the mind of different people or not can be known from the buzz that is coming from the forum, blogs, video channels etc.

You will be fine with this much information.

It cannot be better said. I absolutely share the same understanding and your information did add to my knowledge about selecting an ICO to support. I have even lost count of such ICOs that after laboring for months in their bounty program only to end up with little or nothing as rewards.
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December 20, 2018, 11:02:35 AM
 #244

There were times that even when the team is verified to be real and had previous connection to crypto companies, there are still times that they can turned scam. There is just no assurance to all these ICO which is why the SEC is regulating all these. There's higher chance of the ICO to be legit though when the team members are professionals and has great project concept.

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December 20, 2018, 11:13:33 AM
 #245

Personally I do not dedicate much time in trying to research about bounties to participate in and how authentic they are. Personally all I do is to find out already projects that are on campaign by watching what a lot of older members are promoting, I copy them and check out their campaign page and select among the ones I am qualified to participate in amidst several other factors such as how long, percentage allocation, community and so forth

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December 20, 2018, 11:28:42 AM
 #246

It is necessary to study the team. Watch their offi-fi pages in social networks to write off with them to check whether they are or not. You also need to look at the contacts posted on the site, the planned amount of fees and so on.
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December 20, 2018, 12:14:36 PM
 #247

To avoid wasting your time and not contacting a fraudulent ICO project, you should carefully study it. Ask for help to rating sites. Examine the project team, as well as the product that the project offers at its base, whether this product has real application in life or not, how realistic and quality white paper the project is.
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December 20, 2018, 01:42:07 PM
 #248

how to check the bonty program is legit or sexcem. sometimes there are bounty programs that do not include the spreadsheet

I guess in order to figure out if the bounty is scam, you should see if their community is active and there is a working product proposed by the project, another thing is a real team behind it and competitive advertisements.

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December 20, 2018, 11:56:03 PM
 #249

I pay attention to which bounty manager is running and managing the campaign and is there any news about it on sites if there is which sites have it. I check for which icorating sites give what points. If you are a bit lucky to bounty should be a scam at all.


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December 20, 2018, 11:58:22 PM
 #250

For me there is no legit way to determine if a bounty is a scam. Almost all of the bounty hunters experience being scammed and even the most tenured people on this forum were scammed as well. I hate to say this but ICO's has already mastered their art and they will keep on doing it since no one is being punished. That is why I prefer quantity over quality, the more bounties I joined, the more chances of finding a legit ICO.

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December 21, 2018, 02:44:50 AM
 #251

Check the whitepaper and roadmap of a particular ICO/Token you want to invest in. If it's worthy project then you can see how much market value it is holding and circulating its token. May be this way you can check bounty is legit or scam.
Yes you can check or do a research on it,but some campaigns are not good enough  usually in the first place they use to be more active in telegrams but when the campaign is up or done,its so dissappointed sometimes because theyre hiding anymore,..its only a luck when we get a truly and a legit campaigns.

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December 21, 2018, 03:16:47 AM
 #252

analysis of the bounty from all aspects. see ICO that run bounty from the concept of a whitepaper and also an existing team will determine the outcome. In addition, saw the manager who runs will also be able to give fairly good results because this will determine the journey from bounty is happening.

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December 21, 2018, 11:16:24 AM
 #253

It is same with how to check ico is legit or scam.

If the ico seems genuine, bounty is too. But sometimes legit icos scamming bounty hunters and that can't be anticipated before.

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December 21, 2018, 01:15:32 PM
 #254

Not just the spreadsheet i have participated in a project with no spreadsheet update and it came out successful we should check the telegram group and the website and also the road map sometimes may help to
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December 21, 2018, 01:20:01 PM
 #255

It is same with how to check ico is legit or scam.

If the ico seems genuine, bounty is too. But sometimes legit icos scamming bounty hunters and that can't be anticipated before.
all nobody knows the end result. sometimes some ico projects and bounties look very convincing, from teams, concepts, to ico's sales revenue that is smooth. but sometimes they run away and bring investor money. so we will not get anything bounty. it is very difficult to see who actually paid but for me now choosing the project that will actually be completed and the results also being seen, it makes me more interested in joining the campaign.




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December 21, 2018, 02:14:52 PM
 #256

We can find a good bounty if we doing to read some of them website or the whitepaper also.
But if you know the campaign manager of the project maybe the campaign they handle was not a scam, And they are some campaign manager are trusted and until not i'm always participate on the campaign they have.

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December 21, 2018, 03:15:56 PM
 #257

It is hard to find it out , You need to check its bounty manager , its website and its team , You need to check the ICO fund and to see if it has reached to its soft cap or not , Totally I just try to choose the ones from bounty manager reputation .


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December 21, 2018, 03:27:24 PM
 #258

Basically, no one knows if the bounty is a scam or not. And it's hard to recognize that. All you have to do is so not focus on the bounty thread or the allocation of the bounty, more focus on research of what is the best thing about that project and look for all important details of the project like team, road map , white paper.etc.
crzybilly
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December 21, 2018, 04:22:11 PM
 #259

You should start with the project, because if the project is a scam, no bounty hunter will get their payment. First of all, check the whitepaper. Then research the team members and look at the project development. If everything seems legit, feel free to invest.
suride212
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December 21, 2018, 04:24:30 PM
 #260

Yes sometimes gift programs are not included in the spreadsheet so it's a little inconclusive or scam. scam or not, I don't really understand because it's very difficult to distinguish, I try to convince by looking at the product and the development team via telegram. I am still trying to learn to understand all about crypto in order to become more proficient in following all procedures.
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