Cheaters are Destroying the System, How can we Deal with them?

[Invest-or]

Unfortunately, until recently, it paid to create fake accounts a do bounty, but now I think that the merit system plus the junior demotion has resulted quite positive for us.

[tosmartak]

Honestly, if we are all smart enough to be able to identify cheaters from the real thing, this space would be a better place as cheaters will rather get frustrated eventually but for the fact that there are gullible investors, the space is not regulated, then the chances of seeing cheaters thriving will always be there. As much as we want to blame the cheaters, we also have to blame gullible, inexperienced and naive investors as well who are always too lazy to read in between the lines. If you know what to look for in a team as well as product availability, you will not need a soothsayer to tell you whether you should be investing in a project or not.

[Erik_Smuel]

Honestly, if we are all smart enough to be able to identify cheaters from the real thing, this space would be a better place as cheaters will rather get frustrated eventually but for the fact that there are gullible investors, the space is not regulated, then the chances of seeing cheaters thriving will always be there. As much as we want to blame the cheaters, we also have to blame gullible, inexperienced and naive investors as well who are always too lazy to read in between the lines. If you know what to look for in a team as well as product availability, you will not need a soothsayer to tell you whether you should be investing in a project or not.

This reply has no relation to the topic, i hope you can read the topic again to know the subject we are discussing.

[valek.bruno]

I would not talk or negotiate with them, because there is no point in this, it seems to me that the opposite improves the possibilities for creating normal projects and more secure systems.

[whk0]

I definitely agree with you but what can we do? I think it will be figured out by the destiny. You know, like the market will wipe them out by itself somehow.

[anobtc]

The solution to this problem is that the project will pay the tokens to the bounty participant's wallet on the project's ICO website, and ask everyone to KYC. It will eliminate a lot of cheaters. However, they need to redistribute their stake after eliminating the cheaters.

[bitcoinst]

I think the main problem is not entirely in greed, but the fact that payments to bounty are now extremely small compared with the same period in 2017. And of course this situation will provoke people to dishonest work.

[zeze18]

Hi guys,
In the last 4 months i noted that a lot of people are creating many accounts (fake accounts) to participate in the bounties as multi accounts per user and as we all know that one of the main rules for every bounty is to use only one accounts per user.

Cheaters are greedy and harmful
Cheaters are not greedy they are so greedy, in the beginning they starting with two or three fake accounts then after a while they became having many fake accounts per one user.
They are not only so greedy but also harming, because after a while they starting to harm other bounty hunters, as an example for the reddit campaign they are using their fake accounts to downvotes the other hunters in order to decrease their stakes which logically will go to them because they are using their fake accounts to get a lot of upvotes.
Another example is for the blog/article campaign, the campaign that are beeing attacked by a lot of cheaters in the last months, they are using fake bitcointalks accounts to steal hunters' articles and adding their wallets.

These cheaters are destroying the system, they collecting a lot of tokens for each project and then sell them immediately when the project hit the exchange causing a dump in the price which also causes another loss for the investors.

I had saw a lot of cheaters and i know a lot of fake accounts on twitter, facebook, reddit, medium and bitcointalk accounts. i have a big list of cheaters but then what? every time i report tens of them i see hundreds coming and if i continued doing that i'm losing a lot of time hunting them, we need a creative solution to stop the cheaters, we want a clear and perfect system to stop and prevent them from the beginning..

Why i'm writting this topic?
my purpose from this topic is to discuss with you guys how can we stop the cheaters, i hope everyone can share here his visoin on how to stop them and after that we'll clarify and filter all the replies to get the basic rules that can be used by the bounties' managers to prevent the cheaters from being exist.
Also what is your opinion for sharing here all the cheaters accounts so they'll we known by us, so everyone can reports them to the bounties' managers for the bounties that we are participating in.

The only thing that we can do is stay safe and be careful when loggin in our wallet.
Because no system is safe. everything that in internet is hackable

[Oilacris]

Why i'm writting this topic?
my purpose from this topic is to discuss with you guys how can we stop the cheaters, i hope everyone can share here his visoin on how to stop them and after that we'll clarify and filter all the replies to get the basic rules that can be used by the bounties' managers to prevent the cheaters from being exist.
Also what is your opinion for sharing here all the cheaters accounts so they'll we known by us, so everyone can reports them to the bounties' managers for the bounties that we are participating in.

This problem is somehow kind a plague that everytime you do tend to report or bust em up they would still continue to exist that's why I'm not really surprised that cheaters would always
exist yet abuse can be done without even being detected and come to think that managers or handlers aren't perfect too when checking out multi-accounts so we wont really have anything to be done to stop
them completely but somehow when we saw up individuals caught on such act then its always be advisable to report them immediately to be given an immediate action.

[cryptohunter]

If a project can be cheated majorly in anyway it is a worthless piece of shit

Move to a project that is trustless from the outset

POW is the only way

[Wale777]

There are two major solutions to curb using multiple accounts for bounty campaigns.. First one is restricting one account per IP on the participation form, by restricting one IP address to one account it'll cut multiple accounts registration drastically and secondly using Kyc, though it's not palatable to all bounty hunters but it can still help in this regard, either upfront or at the end of the bounty campaign to screen out fake and multiple accounts on spreadsheet

[frchowe214]

Merit has certainly helped but there are more important things for the project team to focus on, like meeting the softcap. If someone uses multiple accounts it is not a big deal to them, as long they fulfill the requirements of the bounty then every form of promotion will help

[kabum21]

I think that is already a problem that has to be tackled as a community, it is very difficult to do something individually with those cheaters, the most you can do is denounce them to the bounty managers and provide them with all the necessary assistance to take action on the matter.

[Faroxx]

You've certainly touched upon the important issue of generosity companies, but.... The fact is that most of the bounties now do not pay tokens at all.

[Cryptodiscuss]

Its huge collision bounty hunter cheaters with ICO cheaters! And that's the problem that everyone have to deal. I don't think KYC is solution and I'm strongly opposed it, because of many KYC data stealing scams.

[crimsongoth]

If a game plan can be created as an investment model, the fraud can be prevented even if it can be. At least if not all, it's a start.

[Lan75]

I think that is already a problem that has to be tackled as a community, it is very difficult to do something individually with those cheaters, the most you can do is denounce them to the bounty managers and provide them with all the necessary assistance to take action on the matter.

Yes, it is a problem long time ago and it will continue to be one as long as there is bounty campaign. People will always find ways to cheat because of this "greed". They want to have bigger piece of the pie, that is why they cheat or we might say that they are in dire need of money. Bounty managers i think should find ways how to combat these cheaters as they are destroying the community.

[Ini35]

The solution to that is nothing far fetched from each participants submitting their data through KYC. Despite this KYC, some participants will still cheat, because some of them use fake identities. So they can make copies of national ID and passport that are fake. Although, nit many can do that, so it will definitely reduce the rate. Afterwards, we can now begin to look into details on the KYC documents submitted, but that will be dine by the project team.

[Erik_Smuel]

The solution to that is nothing far fetched from each participants submitting their data through KYC. Despite this KYC, some participants will still cheat, because some of them use fake identities. So they can make copies of national ID and passport that are fake. Although, nit many can do that, so it will definitely reduce the rate. Afterwards, we can now begin to look into details on the KYC documents submitted, but that will be dine by the project team.

That's depend on the required papers to pass the kyc, for example (passport/identity + bank statement or bank prove of address + selfi) will make it hard to be scammed.

[upsidedown75]

Getting kyc information beforehand can solve the problem on ICO site. But forum cannot handle this for each user, even it's a bad idea about anonymity.
Also, we see huge topics contain the same content on each page of it. The reason is signature campaigns. Lots of good information disappears within this garbage.

Well, there are some platforms like ICOBench that helps with KYC information for teams and practically make sure they are verified based on some KYC criteria. Asides that, I would say laziness of people to look in between the lines, and see the writings on the wall is what makes a whole lot of people to end up being a victim of these cheaters.

Not everyone will have the same positive mindset towards something, just in the same way that we have evil people all over the world, but the thing is that as an individual, you should at least; know how to identify some of these things when it comes to investing in anything at all. How can you know where you are investing, when you do not even understand the system itself?