How to know if Bounty is scam?

[elrugrim]

My recipe:

1) Take part in many bounties.

2) Admit that 70% of them are scams.

3) Face it and go on doing tasks.

4) Get rich with those 30% that are valuable and honest projects.

5) Be happy to have such an opportunity

Excellent strategy, it was her that I followed when I started, I took part in more than 100 projects that I analyzed and selected myself. Most of them turned out to be scam.

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[sngwinner]

There are less factors to clearly point out scam projects. I see people say we need to check their website and whitepaper for grammar or spelling mistakes and some others but I know scammers are smarter than this. I mostly consider how they run their bounty. sometimes they accept almost all irrespective of the nature of the work the bounty hunters do because they want wider coverage alone just to lure more investors into buying their tokens.

[zedaq]

The difficulty of participating in the bounty lies precisely in this, because I do not understand how to properly analyze projects that are on the market today, of course I try to analyze, but this just does not help, I think that there are options to do something else

[monineklutak]

It's difficult to identify a scam bounty because both real and scam projects use the same ways of running  their bounty campaign. I think also the past record of the bounty manager said it all.

true, scammers are very clever in tricking people, they make their project scams as closely and convincingly as real projects

[regexlove]

Now there are fewer scam projects, but it’s hard to see them, because with the current project audits, an increasingly sophisticated approach to this is needed, so I think you need to watch the professionals where they invest  

[bitc0000]

You should participate in bounty with many participants, or choose the bounty of the BM has managed many bounty successfully. These are the bounty that has a huge chance of success, dont be greedy with the big pool bounty because most of the bounty is scam

[Loopper]

It's difficult to identify a scam bounty because both real and scam projects use the same ways of running  their bounty campaign. I think also the past record of the bounty manager said it all.

This year is a very difficult year in terms of coin prices and bounty trust because of the many projects that do not match what is expected later. You should find out more about the truth of the project and the benefits made by the project.

[Alexey1]

For me, there are several signs that you can understand that bounty maybe scam. The first is a group in telegram-if there is no active business correspondence or bots are added there. The second-team-if there are no profiles in LinkedIn or there are only a couple of people, this is also an alarming sign. Third-quality and detailed White Paper is also very important.

[elrugrim]

A good project is immediately visible, it is a quality white paper, a real and strong team, a large number of people in social networks, news articles about the project on various resources.

[gendang_cinta]

It's difficult to identify a scam bounty because both real and scam projects use the same ways of running  their bounty campaign. I think also the past record of the bounty manager said it all.

true, scammers are very clever in tricking people, they make their project scams as closely and convincingly as real projects

each Bounty is almost identical to another Bounty so it's very difficult to know the Bounty scam. but even so it doesn't mean we can't know the good Bounty, with increasing experience, I'm sure we will be able to know the difference.

[vertinfos]

Typically, this bounty is very low ratings and many reviews that it is a Scam , and it is very difficult to identify

[brocardinf]

This is very difficult to understand, because many people trust only managers and not projects, this is a pretty good approach, because people now do not believe in technology, but in the people who stand behind them.

[CoinCowgirl]

o your research  before you step in to one. Get information about the campaighs before you go for it. Who is behind it? Have they done it before? Do they have a good story? Is everything look professionaly etc. Are there als legendary/hero members who go for it, sometimes this is an indication.
And if something looks to good to be true, it probably is!

[nangiarushali]

No way. Seriously, till now no one can say how to decide whether the bounty project is scam or not. Only you can do is totry gaining as much information as possible about the project and its management team.

[KarinaMix]

Pay attention to the team and look at the company's website, study the product itself, read the white paper.

[yatogami]

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.

Yeah, translation is the most sensitive part of any bounty campaign, since it needs more time to be evaluated.
If I were you, I would try to figure out whether my translation was actually used in their WP and ANN thread, and if it was - report to the forum admins and ask them to ban the initiator of the campaign and all the topics that the corresponding account started. I think this could a nice lesson for project teams not to scam those who diligently work for them.

[Rostock]

I am increasingly convinced that now it is almost impossible to distinguish a good fraudulent ICO from an ordinary normal project. All the ways how to distinguish a normal project from a fraudulent one are known to all and the scammers become more inventive.

[lappa1414]

First of all, there are good sites where you can find out the real rating of projects, for that matter

[MirclIX]

First of all, there are good sites where you can find out the real rating of projects, for that matter

Knowledge of project rankings can help a lot. However, there are always risks that I hope will be able to calculate.