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Author Topic: Can we stop promoting scam project?  (Read 26925 times)
passwordnow
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February 09, 2019, 01:08:01 PM
 #241

If we know its 100% scam then we why any hunter need do it?
It's obviously a scam and they want to continue and make themselves blind from the truth that they will never get paid because of the high rewards of stakes. That's one reason why hunters are continuing to advertise a scam because of that and the other thing is that they aren't reading, they don't update themselves on what's the status of the project they enrolled to market with. Avoid supporting those projects that you obviously know has nothing to give for the hunters and for the investors.

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dragonomoy
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February 09, 2019, 01:12:50 PM
 #242

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?
we can but people who don't read this thread might not. I saw so many telegram groups sharing a bounty and they never even reviewed the campaign and immediately followed it.

MonaLeeTracy
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February 09, 2019, 01:27:41 PM
 #243

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.

indeed with the existence of projects like that sometimes make the reputation of the forum and crypto can be badly polluted. so problems like this really need to be enforced so as not to make everyone nervous. because as we see today. many projects scam and make bitcoin less interested.
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February 09, 2019, 01:35:58 PM
 #244

if only the bounty hunter who do that, I think, there will be no volunteers. as a bounty hunter, we could not organize a project. there must be an institution that regulates it all. institution to regulate an ico. examine each existing ico. so, there would be no ico defrauding investors and bounty hunters.

igor.vanyutin.83
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February 09, 2019, 07:42:01 PM
 #245

Sure we can, but people should stop to be lazy. They need to make a deep research of every project before taking part in bounty programmes. But everyone just wants to get money, without investing their time.
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February 09, 2019, 08:02:22 PM
 #246

Each project has the right to life, it is impossible to intervene in such processes, even if out of 10 projects 1 turns out to be real, then it can change the world. I remember the example of Bitcoin well, when it cost nothing and how fraudsters talked about it, despite the fact that its creator is still not known.
You unconsciously support such a topic of fat cats, who like the existing order in the world and who shave you like sheep.
cerberus5424
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February 09, 2019, 08:48:11 PM
 #247

Each project has the right to life, it is impossible to intervene in such processes, even if out of 10 projects 1 turns out to be real, then it can change the world. I remember the example of Bitcoin well, when it cost nothing and how fraudsters talked about it, despite the fact that its creator is still not known.
You unconsciously support such a topic of fat cats, who like the existing order in the world and who shave you like sheep.
I think that you are wrong, because Bitcoin was not originally a project to receive funds from investors, but first of all an original idea. At the moment, there are too many projects that are repeated and just steal the money of their investors.

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edmundo
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February 09, 2019, 08:58:27 PM
 #248

This is absolutely unlikely.... Once a hunter registers on a bounty campaign, his/her sole aim is to publish and get the word out about a particular project. His/her intention isn't to find out if the said project is fraudulent, fake or a scam. He/she just wants to do his work and expect payments. This is the main challenge, Hunters can post just about anything provided it leads to a reward.
 
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February 09, 2019, 09:00:51 PM
 #249

Our main task, as bounty hunters, to be as responsible as possible when choosing a project, we must be as curious as possible to understand from the first minutes of the study how legitimate this project is, and inform the rest if this is a scam.
I think it’s not possible for every single bounty hunter to choosing legitimate projects. Also you can't never understand which is promising projects or scam. Escrow is the best option in that case because at least bounty hunters will be get reward for hardworking which actually they deserve. Bounty manager can play another important role if they disagree to manage shit projects.                    

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February 09, 2019, 09:08:30 PM
 #250

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?

Its a bright idea my friend, this forum should implement this rule to secure bounty hunters receive token. Most of the time campaign participated is in escrow and its worthy. Token received for sure as we know if the campaign is in escrow the allocation is handed already by the BM and not the project team itself. So must prepared for escrow campaign type rules.


I also see many bounty using escrow. But we need to make sure that the project is successful and listed in the exchanges. Because if the project fails, you only get dead tokens and can't sell them
I have decided to only participate in  escrowed bounties usually using a trustworthy forum member hence I also researchers, scrutinise and screen bounties before settling for a scam- free ones as we all are aware that despite the unfavorable market conditions some ICOs are out to scam investors and bounty hunters.
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February 09, 2019, 09:16:22 PM
 #251

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?

Its a bright idea my friend, this forum should implement this rule to secure bounty hunters receive token. Most of the time campaign participated is in escrow and its worthy. Token received for sure as we know if the campaign is in escrow the allocation is handed already by the BM and not the project team itself. So must prepared for escrow campaign type rules.


I also see many bounty using escrow. But we need to make sure that the project is successful and listed in the exchanges. Because if the project fails, you only get dead tokens and can't sell them
I have decided to only participate in  escrowed bounties usually using a trustworthy forum member hence I also researchers, scrutinise and screen bounties before settling for a scam- free ones as we all are aware that despite the unfavorable market conditions some ICOs are out to scam investors and bounty hunters.
There are no clear signs for detecting scam ICOs before it was too late. Bounty hunters usually don't take responsibility and they jump blindly to projects without proper research. Best option is entering to real projects which have strong team or working product.
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February 09, 2019, 09:21:51 PM
 #252

There are no clear signs for detecting scam ICOs before it was too late.
But if you do a deep research, I'm sure you'll find a sign if the project is legit or not, a little sign is already vital in making decisions.

Bounty hunters usually don't take responsibility and they jump blindly to projects without proper research. Best option is entering to real projects which have strong team or working product.
Bounty hunters are community members as well but most of them are not really that knowledgeable enough, it should be the bounty
manager who must be very diligence in accepting a project to promote and we bounty hunters have to join project manage by reputable bounty manager.

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February 09, 2019, 09:33:49 PM
 #253

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?
I think it is very difficult, because the ICO project makers also collected money from investors. Their project is said to be successful if the total investment has been collected in full. How can they pay people who promote their projects if they just don't succeed in getting investment funds. This fraud occurred because of too many ICO projects while the benefits of the coins they made were not relevant to the current situation.
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February 09, 2019, 09:39:46 PM
 #254

This is a good idea but may not be implementable. If this happens then the ICOs might find another platform for their announcements and the bounty hunters will still follow them there.
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February 09, 2019, 11:54:53 PM
 #255

Now more bounty hunters analyze the project in detail and if they find contradictions, information about this is quickly spread in the community and based on the reaction of the project team it becomes clear whether it is a lie or not.

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February 09, 2019, 11:58:01 PM
 #256

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 hard to dictate in every project that is being created everyday.
Only the dev team is in control with their project. There is no central authority controlling such projects.
But one thing a bounty hunter can do is to stop promoting the project if he learns that the project is heading to a scam one.
And if you have proofs that there are misleading info, you can post them on their thread so people can assess for themselves.
You can't force people here to believe in you but you can do your best to alarm them for possible scenario.
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February 09, 2019, 11:58:52 PM
Last edit: February 10, 2019, 12:10:20 AM by Anyobsss
 #257

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?
Yes, what you have said is probably the best solution so we can avoid scam projects.

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February 09, 2019, 11:59:38 PM
 #258

At least as a Bounty hunter, we can go deeper into each ICO that holds Bounty. By reviewing ICO we can make decisions, whether it is a safe project or a project that is not recommended.

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February 10, 2019, 12:11:46 AM
 #259

You have said it all. But as it is with the crypto space for now, scam projects will keep coming its left for bounty hunters to be careful. About your idea of Payment, its good too, but all humans can't think in the same direction as you. Unity matters a lot..
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February 10, 2019, 12:28:04 AM
 #260

most of the people in this forum are only selfish.
I agree with you that as a bounty hunter we must have an escrow requirement made by a team for bounty hunters.
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