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Author Topic: How to identify Good and legit bounties  (Read 825 times)
PLMovs (OP)
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June 02, 2018, 07:32:14 PM
 #1

Please i will like to ask the community what and what must I consider before joining a bounty campaign am still not clear on that.. And I got to know not all Bounties are good to join.. From experience all my effort on metal Factory was a waste as the thread was removed and my 3 weeks posting and sharing was all for nothing.
grknondr
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June 02, 2018, 08:00:51 PM
 #2

You are right. Many of the bounties are stopped or paused these days. So there is no bounty that can be said legit. But there are some point that I pay attention before joining a bounty. I search the team members, especially the founder or CEO. I want to learn what he/she achieved before this project. If the project has a MVP, it makes me trust much more. I also check their social media accounts. If they are active and give necessary information about project, it may be seen a good project. In fact, whatever you do, none of your actions guarantees the bounty reward.
maiden
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June 02, 2018, 08:18:45 PM
 #3

Please i will like to ask the community what and what must I consider before joining a bounty campaign am still not clear on that.. And I got to know not all Bounties are good to join.. From experience all my effort on metal Factory was a waste as the thread was removed and my 3 weeks posting and sharing was all for nothing.
as far as I know, you really cant identify if the bounty campaign is legit or not, but you can identify how good a campaign is. by looking at their platform, their roadmap, or their plans for the project, if it is good for long term or not, just think of yourself as an investor. and also, check the bounty for the participants if it is worth it for your work.

teeevnglst
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June 02, 2018, 08:35:13 PM
 #4

First look for the bounty manager this could lessen the risk since all famous bounty manager studies the campaign which they are about to manage then after doing so do your one research try looking for the company's product.

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Pamela1966
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June 02, 2018, 08:36:21 PM
 #5

There are a lot of things to check to know and identify a good and legit bounty ranging from the CEO background and previous engagement, the business track record, if the project have it's own capital or not, if they have a unique idea behind the project which can gallantly compete in the market with added advantage over others and lastly the kind of team with the set out roadmap with all of the above a genuine project should be known
kingzpro
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June 02, 2018, 08:38:22 PM
 #6

This question has simple answer, just study and research about each project before participating and promoting it just like you were looking to invest your money in that ico, after your analysis if you do not find any negative or suspicious thing about the project you can start promoting and participating in their campaigns.

Fog Fence
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June 02, 2018, 08:41:18 PM
 #7

There are several important criteria that must be taken into account. This is a problem that is solved by the product coming out on the ICO. This is the project team and project advisors. These are the conditions for the issue and distribution of tokens and a number of criteria.
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June 02, 2018, 08:53:33 PM
 #8

Before joining in any campaign make sure you study thoroughly the whitepaper of that campaign, the team members are all legit and the bounty manager is well known on the forum. Bounty manager or the group that manages bounty is very essential to identify a good project. Be sure to join in those campaigns where the manager tells participants that the token number allocated for bounty is fixed from total supply. Those kinds of bounty will always give you a good return after completing their ICO's successfully. You can also look out for Escrowed bounty. I always get suspicious when a project stops updating their information on social sites. So there's another clue for you to spot a suspicious project.

Inspector2580
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June 02, 2018, 09:05:33 PM
 #9

Before you embark on any bounty,  ensure you read the white paper and understand it to ascertain?  If it makes sense n it's achievable. Next is the team if they are true.

Bounty manager is also there to consider
iwanirawan
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June 02, 2018, 09:08:55 PM
 #10

It's hard to identify the bounty program is legit or scam. Many bounties running and it make us confuse which one will be choosen. Before you decide to start the bounty you willing to join you must do some small investigation about the bounty.

Here the list you can do before you decide to join a bounty :

1. Check the the ICO's rating. You can check in any website (ex : https://icobench.com)
2. Look the manager who managed the bounty. Ussualy i join the bounty which managed by familiar and famous manager (ex : Yahoo62278, sylon, tokensuite management, etc)
3. Check the website of the Bounty / ICO. You can check the main team who run the program, roadmap, the whitepaper, and other which can make you believe the bounty is trusted and legit.

You also can choose a bounty by refer on this topic :
1. https://bitcointalk.org/index.php?topic=2989427.0
2. https://bitcointalk.org/index.php?topic=2674787.0
andohyeb
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June 02, 2018, 09:09:11 PM
 #11

From my experience , there isn't any rule or regulations one can use as a benchmark to determine a good and legit bounties. I have involved in bounties with everything looking legit ,with whitepaper, team and MVP , yet it turn out to be scam. It depends on luck. luck is 80 percent to determine a good bounties.
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June 02, 2018, 09:19:03 PM
 #12

The most important thing I think is the team, and the reality of these people. Further - this is the very idea of the project, there are a lot of similar projects and not all of them are able to really provide the product for which the team collects money. And the last is support from other projects or large companies. The rest is a luck factor, and the ability to read white papers.
dobidobi88
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June 02, 2018, 09:47:50 PM
 #13

Please i will like to ask the community what and what must I consider before joining a bounty campaign am still not clear on that.. And I got to know not all Bounties are good to join.. From experience all my effort on metal Factory was a waste as the thread was removed and my 3 weeks posting and sharing was all for nothing.
Many things to do before participating in the bounty program. The first thing I see is a bounty manager, then I examine the benefits of the project, read the white paper, check the existence of the site, and check the team and the advisor. I also see team activity in their social media related to the project. These are my guidelines for determining a good bounty project or not.
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June 02, 2018, 10:03:51 PM
 #14

I'm still a beginner myself. So far, I decided that I need to look at the team that develops the ICO. If the team likes it then there is a chance that the product will be appreciated by the market highly after the ICO.
Easx
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June 02, 2018, 10:13:57 PM
 #15

When I select bounty campaign, I generally check that specs;

1- Developer team
2- Is price reasonable
3- Circulating supply
4- Roadmap
5- Is time acceptible
6- Is technology uniqe or useful.

Octc76
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June 02, 2018, 10:23:08 PM
 #16

Please i will like to ask the community what and what must I consider before joining a bounty campaign am still not clear on that.. And I got to know not all Bounties are good to join.. From experience all my effort on metal Factory was a waste as the thread was removed and my 3 weeks posting and sharing was all for nothing.
Hi friends,
according to my experience in the world of crypto, I often look for important information from a project team. because with a good team based, then the product development will be done well. and certainly will not cheat or scam to everyone.
and for more details please visit this thread: https://bitcointalk.org/index.php?topic=4361004.msg38955921#msg38955921
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June 02, 2018, 11:07:35 PM
 #17

For good bounty and avoid scam one you have to research and study the project in deep like you have to check the white paper first because all detail of the project given in the white paper second one check road map and the third and important one is check its developer and advisory team and their activity in social media accounts like Facebook, Twitter, YouTube and LinkedIn, and you can search in google how much experienced the team is. And other thing you have to mind that how unique the project is.If the project is unique and the coin will solve the problems for that purpose its been created , the project will be success for sure. And at last you can check the ICO rating sites to check the rating of the project.

ZaBelyi
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June 02, 2018, 11:11:02 PM
 #18

Well, about legal or not, you just need to look at the legislation of the country in which it starts, also a couple of laws. Then you can see their attitude to the countries in which the cryptocurrency is banned. "For example, they pay cryptocurrency to Americans, and it is prohibited." A lot of pitfalls.

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samcrypto
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June 02, 2018, 11:12:23 PM
 #19

I'm still a beginner myself. So far, I decided that I need to look at the team that develops the ICO. If the team likes it then there is a chance that the product will be appreciated by the market highly after the ICO.
A good ICO must have a good team behind it and of course I still trust a bounty manager with a good reputation. Its hard to have a good bounty right now because of too many fake ICO’s so you must really make effort to know the real function of the project so people will still invest even after the ICO.

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June 02, 2018, 11:27:56 PM
 #20

When I choosing a bounty :
First, you should be project's research on product goals, roadmap, team, and advisors. Usually can be seen in the whitepaper.
Secondly, you can see the project community. If a strong community will usually have an effect on token sales.
Third, you can see the manager who handles the project. A manager provides an important role in a project. But it's not uncommon for unknown managers to have good projects.
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