How to know if Bounty is scam?

[nightfury]

IT’s not easy to discover a scam bounty. Personally if I see stakes are not updated I ask to telegram group and if after 10 days no one answer me I will leave bounty

Yes, it's really hard to tell whether a certain ICO is legit or not. The problems is, there are scammers that are so good these days from the way the make a concept, the way the make their interactive website and whitepaper just to deceive people and so they could bag a huge amount of money from investors after they leave the ICO and fled.

[tterrorpipa]

I cant really determine if the bounty campaign is scam when it is still early. The confirmation regarding this threat can be found when the bounty campaign ends and the bounty manager will try to run out with the funds.

[Kryten12]

The best thing for you to do is only pick campaigns that are being managed by either a reputable Bitcointalk member or by a respected company such as AmaZix or Bounty0x. By dealing with professionals you will help to ensure that you get proper treatment and value returned for your time and efforts.

[bombombom]

WHAT DO YOU THINK ABOUT THE PROJECT BLISSEXCHANGE
The project's Link in bitcointalk: https://bitcointalk.org/index.php?topic=4753088.0
A holistic Cryptocurrency exchange experience.

The expert team at blissexchange specializes in building innovative technology solutions for enterprises for it's users. Bliss Token will be used as a transaction fee in the upcoming deployment of our Exchange to keep BlissExchange ecosystem healthy. Our Platform and services unleash new levels of productivity and a larger scale for Token listings. BlissExchange will accept ERC20, ERC223, ERC644, ERC721 and the new revolutionary technology of ERC1155.


What's inside Bliss.Exchange?


Wide Variety of Token Listings
Secured transactions
Early Access
Trade Testnets
BlissFolio Wallet (BTC/ETH - ERC20 ERC223 ERC644 ERC721 ERC1155 )


Airdrop[closed]
First 4,000 Users


Open Bounties
Open for all bounty hunters.


Early Token Listing requesition
Token Listing request of ERC20, ERC223, ERC644, ERC721 & ERC1155

ROADMAP

July 2018
Project/Platform Finalization - Empower users with contracts written in code and bounded by immutable logic.

August 2018
Crowdsale - Buy BLISS tokens via crowdsale to save up and trade with something in return.

September 2018
BLISS Exchange Token in Exchangers - BLISS EXCHANGE TOKEN will go inside MERCATOX through it's direct PAID listing. The team will conduct a supervision on which exchanger will be next in line.

October 2018
BlissExchange Testnets - Advance cross-industry blockchain technologies - conduction of bugs and fixes in BlissExchange

November 2018
Supply Chain - by november we will get everything ready for our users and clients to trade inside BlissExchange.

December 2018
Deployment of Bliss.Exchange - Trade in BlissExchange with the hottest cryptocurrencies available with BTC/ETH pairing.

January 2019
Token Listing - BlissExchange will accept ERC20, ERC223, ERC644, ERC721 and the new revolutionary technology of ERC1155.

Febuary 2019
BlissFolio - separated wallet for BTC & ETH for android and IOS users.


JOIN ICO
ICO is Until august 30, 2018

https://bitcointalk.org/index.php?topic=4753088.0

[espellogo7]

Its hard to find which ICOs is legits because the scammers are doing well with there website and there fake profile..actually I also got scams but it doesn't matter..we all experience that.. i think we need to minimize participate scam bounty.. we need to be more vigillant,choose the most reliable, and not the highest allocation.

[KingJess]

unfortunately there is no exact data on which you can determine a successful project it, or scam. This I judge from my own experience.

[AshdiD22]

I look at the project first and then their communication on telegram as well. If they're easy to reach and actually respond, they're usually good. I'm currently part of a really good one and they're also airdropping 15,000 tokens per person. https://bitcointalk.org/index.php?topic=3173983.msg32852311#msg32852311

website: https://algebraix.io/

Great advice. The way the team replies and the way it interacts with the community speaks volumes. Thanks a lot for the links!

[Granit0]

We could not bounty campaign is scam or not by looking their ico project was success or not, many ico project have success and we will get payment by participated at ico and we have joined bounty campaign success. But when we know the project ico is not get their target of sell their coin, we have face true of our bounty campaign will be scam, we will not get payment form the bounty campaign.

[invo]

How do you know if it is a scam? Because I have encountered a bounty that let me finish all the translations first and didn't respond to me after I have passed it. I hope bounties will not be like this anymore because they demand and we did our part but they didn't do theirs. I hope you could answer my question.

if their developer or the one who manage the campaign is not responding, then it might be a scam project. it's sad that you already finished your work before you able to know if it is a scam. but move forward and forget about that, you can find more promising project than that.

[Ri Polok]

do some research about that project before joining their Bounty campaign, and must see their social media activity.

[stanforders]

I believe that most people have encountered false projects, there is no way, too many ICO projects will certainly exist false projects.

[odri777]

Basically, I focus on managers, after which I conduct a small study of the company itself, namely the project, the team!

[bitok_1979]

Personally, I rely on the ratings on the sites of many of them, but then noticed that a good rating does not guarantee that the project will be worthwhile, now I rely only on myself

[xenomorphe1]

It is impossible to know if a bounty is a scam. You only know it after the end of the ICO and sometimes after some months after the end of the ICO. Scammers are really good to promote their projects.

[innokkk]

I haven`t found a successful formula for myself how to recognize SCAM yet.
Scammers are very agile in this matter!
I think that to recognize SCAM will help skills, experience and inner intuition!

[spopovss]

Now a lot of scam bounty, even if paid a reward, rate of the token falls due to the situation on market, and profit is very small.
Need to change situation in the bounty, need regulation.

[ka4ok1331]

It is really hard to define who is scammer and who is not. But you should look who wrote this particular article about the bounty and examine the project carefully

[TharuMax]

Currently there are lot of ICO projects and bounty campaigns of them in the field. It is very difficult to find out whether a bounty campaign is scam or not. But can get some idea by looking on team, project concepts, website, roadmap.  Do your own research always before participating any bounty campaign.

[Catstevens19]

It is difficult to know the scam bounty. I often follow reputable members on the forum, they are longtime activists and their campaigns are quite credible.

[Ade A Aziz]

Currently there are lot of ICO projects and bounty campaigns of them in the field. It is very difficult to find out whether a bounty campaign is scam or not. But can get some idea by looking on team, project concepts, website, roadmap.  Do your own research always before participating any bounty campaign.

Yes, I agree with you. It's difficult to answer the question "scam or not?" in the ICO project bounty program. Some of them are indeed scams but there are still many that are legit projects. In essence, as you say, we must be diligent in examining in detail before investing or participating in a bounty. Starting from reading white paper, road maps, to checking the experience of the development team.