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Author Topic: Cancellation of project at the eleventh hour  (Read 229 times)
Jpti (OP)
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May 02, 2019, 04:02:02 PM
 #1

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?

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chocopapaya
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May 02, 2019, 04:05:40 PM
 #2

What scam is there?
You didn't invest a single dollar.
You choose how to use your free time, and if you use your time to promote something that has a high chance of failing, then that is your foolish decision.

what have you lost really?
Are you sad you didn't get tons of coins and money for no money commitment on your part?

90% of startups fail.  These kinds of data are all over the place.
But still people flock to startups, icos, and ieos when it is clearly an unwise investment.

Also, if a company can't operate, than you are better just not getting anything at all.
Unless you want to fill your wallet with useless tokens that just take up space.

OluwaTosin10
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May 02, 2019, 04:14:31 PM
 #3

More projects will collapse
There’s not point; be smart with your involvement with startups
Or you get to complain every now and then
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May 02, 2019, 05:16:25 PM
 #4

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?
there is no scam there if the team decided to cancel project and actually return funds to investors. But about bounty hunters, it will be quite unfortunate because they will get nothing. Apparently the team logically has no fund to pay the hunters
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May 02, 2019, 05:18:10 PM
 #5

Well if that happen is just a problem of team and they didn't get enough funds to get listed maybe, but if you didn't invest any money you not lose nothing, only the chance to get some free money.
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May 03, 2019, 03:43:54 AM
 #6

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?

It's the term and conditions the bounty hunters have checked while joining the campaign. If the project fails to reach the soft cap, no payment.
If the participants are not satisfied with the term than they should not join. But when you have, you should follow the rules so does the project managers.



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May 03, 2019, 03:47:49 AM
 #7

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?
It's a scam. But that's better when this project that closed all of the operations fund all of the money that they have been raised. Some projects that closed their operations are even running away with the money. That's such a scam or project created by 5 old years kid.

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May 03, 2019, 03:51:12 AM
 #8

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?

if this happens they need to refunds all the investor but if in the end they don't return their investment
the investor will likely to file a claim against the team project

until now i don't see any project that like this and i hope the future there will be no project like this, because it will wasting times for investor, bounty hunter, and the team too
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May 03, 2019, 04:16:38 AM
 #9

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?
anything can make a project end its program and whatever the case might be, as long as the project refunded it's investors,  they are clean and don't expect them to pay bounty hunters because it is assumed that they don't have any more funds

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May 03, 2019, 04:21:55 AM
 #10

What scam is there?
You didn't invest a single dollar.
You choose how to use your free time, and if you use your time to promote something that has a high chance of failing, then that is your foolish decision.

what have you lost really?
Are you sad you didn't get tons of coins and money for no money commitment on your part?

90% of startups fail.  These kinds of data are all over the place.
But still people flock to startups, icos, and ieos when it is clearly an unwise investment.

Also, if a company can't operate, than you are better just not getting anything at all.
Unless you want to fill your wallet with useless tokens that just take up space.

Hunters do not lose any money, they lose time and not a little, which could be invested in other projects or spent on real life.
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May 03, 2019, 05:22:41 AM
 #11

If you are an investor with that project, well that's disappointing that you're expecting something in return that will potentially give you profit. I don't think that you can do something with that if the project's management has decided to cancel.

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May 03, 2019, 05:30:59 AM
 #12

This kind of reasons are common in this ICO era, bounties are left with nothing, cause I never heard a Failed ICO giving anything to the hunters if their project has failed. If its failed then there's nothing we can do about it. we need to move on. look for another one that might give us a chance to earn.

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May 03, 2019, 05:41:22 AM
 #13

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?

This is the risk we have to take as bounty hunters. Some will pay, some won't. Some will even close the project before ICO.
All in the game. That's just the way it is.
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May 03, 2019, 06:06:42 AM
 #14

If they never conducted any ICO, then I don't see any right criticizing them about cancelling the project, they started the project without your opinion or commitment and can end the project without your opinion, the only time it would be a scam is if they carried out ICO and then cancel the project without refunding investors their money, that time you have all right to even sanction them and also report them to your government so that the people behind the team would be arrested.

I don't think that you can do something with that if the project's management has decided to cancel.
Yes, when they have not yet got into public money and we are safe with our money, then we do not need to worry on this. Probably when they come back again with a new project, we may not give them same level of support as they are not good in planing as it may be a "sign of their everything".
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May 03, 2019, 06:13:01 AM
 #15

For a bounty hunter like you it means you never invested any money ,what you lost is your time and have you forgotten that joining bounties is risks you are willing to take ,the project might succeed or fail ,be strong and stop complaining

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May 04, 2019, 10:27:26 AM
 #16

What it would be like when your long wait for a project listing on exchanges will be ended up by an apparent apology by a project for its failure to continue citing various reasons. On the part of the project team, they try to be honest by promising to return their investment to investors. But what about bounty hunters? And what about time, efforts by investors and bounty hunters? I think it will be a sort of a scam by cancelling a project at the eleventh hour under various pretexts.
Your views guys?
It is no scam since they are fully returning the fund of the investors that they would use to pay bounty hunters, so because we worked for them, they should take part of the money they will be returning to investors to pay hunters?

Sometime we have to keep selfishness aside, if things like this occur, we have to understand that we are not in it alone, even the project team loses more, do you know what it means to have seen certain amount of money at one’s disposal, only to give it all back. The trauma alone of what one could have achieved with it is something else, and that is why some people that can’t take it would rather scam.

We just have to learn to understand some certain situation; it is not every business that we do that must profit us.
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May 04, 2019, 01:15:55 PM
 #17

This kind of reasons are common in this ICO era, bounties are left with nothing, cause I never heard a Failed ICO giving anything to the hunters if their project has failed. If its failed then there's nothing we can do about it. we need to move on. look for another one that might give us a chance to earn.
Thank you mate, we just have to move on and stop holding to the past and use it as an experienced we have gather for the next project, is it not better to lose little time than to lose money? With time, we can always quickly recover our losses.

Imagine projects that are starting from zero funds, do you know how much it would take to pay bounty hunters? If they return all to investors, what would be left for them to pay we bounty hunters with?, their own little money they are keeping to cater for their family? It was not their fault that the project failed as a result of lack of enough fund being contributed.

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May 04, 2019, 01:43:11 PM
 #18

At the beginning of the project, there is a responsibility to sign, it is possible to cancel the ICO, investors will return the funds, and for the bounty hunters, it is very unfriendly, it takes time, there may be no gains, it is unfair.

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May 04, 2019, 01:45:58 PM
 #19

If project says they failed you can't sue/claim anything toward them. Regarding bounty hunter, when they launched the bounty campaign when they promised is to pay you with the token, they never promised their token will worth any money, thats why I only join a bounty that paid me a token that already listed on an exchange and worth some money. And about the time the bounty hunters have already spent. My opinion is that that time is spare time, meaning that if a person time's worth more money they will do something else, they will do a real job rather than doing bounty. So, if you those bounty hunters not spending their time doing a bounty they will not make money either, thus their not invest anything to the project, and they should not demand anything.

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May 04, 2019, 01:48:07 PM
 #20

I'm telling you its very common nowadays, and most of the project keeps on promising about the exchange listing, and after a long time of waiting a sudden messages will appear to inform you about the extended exchange listing. This is not a good work for every project development because they have to be more certain on giving the right details about their project and don't give a timeline if you can't work on that.
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