Can we stop promoting scam project?

[Pffrt]

Most of the bounty hunters do not get payment despite their hard working and some gets a little with shit token. Can we prevent it? Just an idea.

What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?

[1714007954]

1714007954

[vujackie]

wow this best idea using escrow to bounty but 1st need to ico collect money  to distribution  bounty  payment i can not understand its can be practical

[joseyphil82]

That would have been easy if all bounty hunters thinks same way but you know how humans are ,no one can force them to do anything ,I'm sure many won't co-op with your idea because they don't just care ,many even believe that they can make better profits off scam projects before dumping

[Pffrt]

wow this best idea using escrow to bounty but 1st need to ico collect money  to distribution  bounty  payment i can not understand its can be practical

ICO project should come up with a minimum amount of investment. They do not depend on the ICO for everything. Then they will not think of scamming because scam ico comes with an stupid idea, raise fund and go away. If they have escrow some fund from their own pocket, they will fear to run away and it will force them to come with a good project and bounty hunters will also get profit.
It can also be done in another way. Escrow will hold the first X% money of token sale.

[Barabulya]

I think that the forum administration has a lot of tools to prevent the emergence and spread of scam projects. I am sure that the existence of such projects blackens the reputation of the forum and administrators should try to identify them.

[libert19]

Could be a good idea but unless bounty hungers stop participating in those bounties, they will keep coming up.

[Thanasis]

But bounty hunters is not going to stop from joining bounties,the steps needs o be taken from the forum side to make it happen and already many people suggested theymos to have the signature campaigns in this forum which pays in the bitcoin or in already listed coins,so we need to see what is the decision by theymos on this case.

[Indrawan77]

I think that's a good idea, but most of the time the developers depend on the hard and soft cap to promote their project, I think this kind of case already being warned by more senior accounts, dont join the project if there is no escrow but in the end the bounty hunters didn't care about the escrow and keep on joining, so I think this is half of the bounty hunters fault

[tanvir232]

I think that's a good idea, but most of the time the developers depend on the hard and soft cap to promote their project, I think this kind of case already being warned by more senior accounts, dont join the project if there is no escrow but in the end the bounty hunters didn't care about the escrow and keep on joining, so I think this is half of the bounty hunters fault

Agreed that it's our fault. Bounty hunters don't do any research and jump into a bounty without considering what is the project about. This is the plus point for the scam ICO owners. They use this for promotion and scam thousands of dollars. I wish this idea come true one day.

[Malamok101]

Ofcourse In your own hand if you are gonna stop promoting scam project you've already joined. Because lot of bounty hunter stop joining bounty until lot of ico right now is not good and review as a scam project, while they are waiting for a legit project.

[funchiestz]

Most of the bounty hunters do not get payment despite their hard working and some gets a little with shit token. Can we prevent it? Just an idea.

What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?

If we can make a clear definition of SCAM project, we can stop it. But there is a problem. Sometimes I come across in the forum, a member of the forum claims to be a friend and the project is SCAM. But under that project dozens of bounty participants are starting to defend the project. How do I know? It's me!

Everyone thinking about himself. No one thinks for another...

[Vektrum]

Most of the bounty hunters do not get payment despite their hard working and some gets a little with shit token. Can we prevent it? Just an idea.

What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?

This is possible only if there is government regulation of ICO activities at the place of their registration. If a significant part of the states adopt their own rules for regulating the activities of ICO, this will mean checking the members of the ICO team themselves, providing for certain mechanisms to guarantee the protection of the rights of investors and other ICO campaigners, and clear rights and obligations of the parties. Then, if ICO projects are not registered in countries where there will be such regulation, we simply will not participate in such ICO projects and then they will not have development prospects.
In the meantime, we do not have enough leverage over the ICO teams, and the bounty hunters are too divided to act together.

[bitcoin31]

Maybe your suggestion is effective incase the project team did not pay the bounty hunters because their project failed or scam they get still some money bounty hunter. It's okay to get a little than none.  Dollars or bitcoin escrow is best and better to get high trusted escrow that can keep the money or the bitcoin. I hope it can happen to all bounty campaign to prevent wasting time.

[akitha]

the main thing is how to know that the project is a scam.. project nowadays cannot easily recognized..project is legit but the team behind them are not

[Shadovka]

Most of the bounty hunters do not get payment despite their hard working and some gets a little with shit token. Can we prevent it? Just an idea.

What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?

Indeed this escrow thing is a very good move. However if ICO do this what if they does not even have the minimum soft cap hit to proceed with the project on their part they are throwing away their money and i think this idea is not feasible to them.

[rachman mahesa]

We can't do much here as we say. Because we only work here. If the project is doubtful, don't participate in it. Here all there is no compulsion for bounty hunters to promote the project. Because it comes from our own hearts to participate in the project.

[romero121]

Most of the time the projects come into existence with some sort of uniqueness, later when there is no regular update and promotion it lacks on gaining investment. This lacking in funding, development and lack of cooperation makes the project a scam. Very few from the begin try to scam the people targeting people from certain locality. Here the team runs off with what they get as investment within very small time period.

[fakegurutu]

Most of the bounty hunters do not get payment despite their hard working and some gets a little with shit token. Can we prevent it? Just an idea.

What if we everybody stop to promote a project which offers only token?
For launching a project, the project owner or developer should have some money to promote the project. Say for example- they have to escrow a minimum of 40% of the bounty allocation in term of usd or btc. Only then we can prevent scam ico and bounty hunter will get their money. Can we start following this rule?

how can we all cease from promoting and advertising scam ico projects when in fact, we too dont know if that project or product were scam or not, sometimes we only rely on whose campaign manager is managing that ico or project. We all pray that all that we join in the bounty were legit.

[The Cryptovator]

Most of the bounty hunters do not get payment despite their hard working and some gets a little with shit token. Can we prevent it?

You can't prevent it since you can't leave your greedy attitude. I have seen lot of manager even get red tag for promote scam ICO's but still bounty hunters are promoting same project. Even bounty hunters never bother to check the feedback's of managers then how we can prevent it?

It's not just very easy as you say. There is no any forum rules and can't be possible implement this rule of collateral. It's depend on managers. You just thinking from your side, did you think about investor? You are promoting then investor's are investing. Bounty hunters are not just losing their time also they are responsible for loss of investor's. So please research before you join any campaign.

[jubilarian]

I think it isn't easy to see the scammers until it happens. A lot of projects looks a professional project including website, team, marketing, ... etc. Any one has experience in detecting scammers, please advice.