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Author Topic: How to know if Bounty is scam?  (Read 7486 times)
Ilmiyati
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June 09, 2018, 02:39:06 PM
 #621

No one knows for sure about differentiating scam projects and not, but some signs we can make reference, such as promises of more profits, big bonuses for investors interested and immediately invest in their projects
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June 10, 2018, 03:58:12 PM
Last edit: June 10, 2018, 05:49:37 PM by vhroen
 #622


That's the risky part and truly devastating unfortunate event every bounty hunter might encounter in this kind of industry. It seems that majority of us hunters gamble their fate on the uncertainty of an ICO and forget to perform due diligence before joining in.

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How do you know if it is a scam?

While there could be an obvious potential scam like the project team profile are not the real picture of the team and other important details missing in their whitepaper, website and other things, there are certain ICOs also that it's hard to assess if they will turn to scam or not.


vanlinh228a
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June 11, 2018, 09:15:47 AM
 #623

The easiest way to realize that a bounty is a scam is to check out its whitepaper. You can always distinguish a bad quality whitepaper of a good one. Also, check out the team of the project
Set02222
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June 11, 2018, 09:22:19 AM
 #624

I read the whitepaper and look at the ratings. Bên cạnh đó, i look into bounty manager that handle the bounty program, usually they also will choose good project so not waste their times.
But I think no one can predict anything, it can scam at any time despite good records.
zcooipo
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June 11, 2018, 02:04:04 PM
 #625

When choosing a bounty quest, you should first see if its project is creative, and secondly, who is its bounty manager? What is the reward cycle of its bounty quest? These are the key to distinguishing between good and bad!
_yoshi
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June 11, 2018, 02:09:17 PM
 #626

You can never know, thats the big problem. Even when there a seriouse project behind. You can look at envion. They collected over hundred million on their initial coin offering. There was so many bounty hunters who promote their project. But no one received any stakes. Even the project does not started and aybe its the biggest scam in cryptocurrency historie!
luis jean
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June 12, 2018, 08:26:58 AM
 #627

According to my knowledge if the bounty scam occurred after the passing of the payment date and usually the manager or admin on the project only promise reward
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June 12, 2018, 08:32:32 AM
 #628

You have to research and read and ask around about a certain project before you invest or do bounty with them. You can see it if the team behind the project are active in social medias and in telegram answering queries. Also, check there updates about the project on there social media. If there is no progress for a week or so, ask around already. You can also see how the project worked hard on making website and its content.
violetsky901
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June 12, 2018, 03:04:19 PM
 #629

According my experience, bounty is scam if the coustomer service or admin don't give the friendly answer when I asked about the project and can tell clearly.
Pappy_1_
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June 12, 2018, 03:12:48 PM
 #630

To be honest, no one is immune from scum. Now the scammers have learned to disguise the ICO for good projects. By participating in another bounty, I assume the possibility that I will waste my time.

indrofx78
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June 12, 2018, 04:17:46 PM
 #631

I am sure that every bounti hunter ever get a bounti scam that does not pay to the participants of his campaign.

but it is not despairing for the bounti hunter, because they are always optimistic that one day they will get paid bounti.

  so when asked how many bounti numbers are not paid, maybe they have forgotten.

.........keep the spirit to work on bounti project,...........
Pr.Victus
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June 12, 2018, 04:19:59 PM
 #632

I agree that translations are very difficult and long, and some linguistic skills for this work are needed. I'm disappointed that you were not paid for them. Unfortunately, we often face injustice. Therefore, everyone should know about the project that deceived you.

Holapola
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June 12, 2018, 04:37:16 PM
 #633

I think you can find out if a campaign is a scam if there are no updates inside Google Spreadsheets. They must remain relevant to survive.
imperatorbounty7
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June 12, 2018, 04:41:51 PM
 #634

The person who led me to research on the Cryptocurrency market gave me advice when deciding to invest in an ICO project, so let's study two issues thoroughly. First, is the project feasible and practical? Second, are ICO project members credible? If the answer is yes to both questions then answer the question: do you feel confident enough about the ICO project? If the answer continues to be "yes" then invest. If you are wondering about one of the three questions then do not think about that ICO project.
startorr
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June 12, 2018, 04:50:45 PM
 #635

One of the important factors to check if the bounty project is a scam is to determine if the project's team is really legitimate. Check them at famous ICO websites that rates projects based on their trust ratings. Also try to do your own research and see if it is quite reliable or not.
hoami55
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June 13, 2018, 01:30:10 AM
 #636

The most possible thing to do is by learning about the project by reading whitepaper and road map. Then you need to find out who is behind the project, to make sure that this project is not made by random guys.
hoami55
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June 13, 2018, 01:31:41 AM
 #637

There are right criteria for it- look at their team, and aim searching about the people behind. Second is look carefully at the whitepaper, and ask the community about the bounty, how did they hear about it, why they believe in it- stat stuff.
CFXAY
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June 13, 2018, 01:35:50 AM
 #638

In this regard, I think this is very difficult to judge, so we need a bit of luck, and then select a well-known bounty manager to check the ICO rating.
docamvan1997
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June 13, 2018, 01:36:16 AM
 #639

You must see assessments of ico assessment website. Then you see the white paper of that ico. From that, you analyse all informations to take decisions
Hopeliza
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June 13, 2018, 01:37:02 AM
 #640

I think by reading their background you can see there in whitepaper and in the roadmap of the ICO project if it is good and has a right criteria. Then if you see that it looks like not true, then it's a scam.

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