Bounty Managers do not Determine the Legitimacy of a Cryptocurrency Project

[jerrison]

I have read a lot of people claiming that the rank or online personality of the bounty manager can help in knowing the or determining if investing in a token project will be worthwhile. I must tell you I was of the opinion until this morning when I learnt about the incompetence of a bounty manager I used to follow. Remember most of us don't know each others beyond our online profile. I learnt he will be managing more bounty after he left his old profile to embrace another one.

Although, he's not tainted as fraud yet because my source won't say if he is. But the issue is if he is to fraud unsuspecting newbies, that how he will do it. U believe u can trust him base on his forum rank and experience. But he is fake who has series of identities for his guise.

So, don't join a bounty or invest in a project because of the bounty manager. Do your research before investing your money or time on any project.

An investor should know better than just committing funds to a project simply because the bounty manager has a renounced profile or rank in an online community. The truth is, the online profile was built and can be rebuilt if tarnished or reputation is destroyed so why give advices mostly financial based on  such illusions. if you consider investing in a project, carry out an online research about the project and then give out funds based on your degree of satisfaction on that project.

[Coltpython]

A bounty manager with a good reputation and track record can actually mean that the project will turn out legitimate and good. But as it is, even human beings can succumb to pressure and disappoint. So let's not base all our decision on the records of a bounty manager alone or their ranks

[Mila52]

You must do the analysis of the project yourself. There are several BTT's managers their professionalism I'm trust , but this is not an absolute guarantee of the success and legitimacy of the project.In fact, they are the same employees as the bounty hunters.

[Jannyh]

It's true bounty manager's don't determine the legitimacy  of a cryptocurrency project but then there are some project bounty you see, you don't hesitate to join because the bounty manager has reputation which he has created, he does research before managing any project, so once you see such bounty manager's you grab their bounties. So to some extent even with our research, we still leverage on the bounty manager's selections.

[reza7777]

Agree bounty manager is just person only processes bounty campaign, he only does his own research. Everyone has their own views on a project, so keep doing research so that you are more satisfied, me never join project because bounty manager but always see products offered by project

[Wittny]

Bounty Bm most times doesn't determine if the project is actually good or not. Most times, bounty managers don't always get it right sometimes they also always been used by unknowningly advertising a scam project. Have seen alot of project exit scam after running 3 months bounty.

[MikeyVeez]

More and more bounty campaigns are managed by ICO teams.
Not like bounty campaigns in 2016-2017 when there were few trusted bounty managers that also were responsible for payments (they held tokens in escrow).

[Redemption59]

Frankly speaking, bounty managers in no way determine the legitimacy of bounty projects or cryptocurrency project. Though majority of them try as much as possible not to post scam projects in other not to tarnish their image but that alone is not a proof for legitimacy of a cryptocurrency project,  do your own very research and blame no one whatever happens afterwards.

[Redemption59]

I keep saying this always and will continue to say that bounty managers do not determine the legitimacy of a bounty project even though most of them try as much as possible to post legit projects in other to get good names and not tarnish their reputation. Doing your own research on a project is what it takes to determine the legitimacy of a project not the bounty manager.

[TheBusstop]

don;t you thin we need to know the name of this manger Or you need to report the manager to the appropriate admin here for clarification. the forum has created the trust option in account to assist in alerting the community about managers with bad reputation.  but one thing i know about these managers are that far fewer of them are after their pocket that they abandoned there followers after they have been paid.

[Viscore]

The bounty manager isn't the most important factor in determing the quality and value of any crypto project. The manager is usually getting paid to do his work, regardless of the project he is involving with. You must study the project itself carefully before participating in any bounty, if it has a good team, whitepaper and MVP then you can participate, otherwise stay away from the project.

There are really times that we consider first the profile of the bounty manager if he had made most of his managed projects successful and is reputable enough. But aside from that, we should also put into consideration the real platform of the project and the staff behind of the project if they can create a successful ICO or not. From this, we will somehow be guided how to choose a good and legit poject before putting money to it.

[PuertoLibre]

If the bounty managers are paid for running the bounty campaign, what kind of legitimacy you guys expect in the bear market conditions?
The bounty funds should be locked for the 3 months in order to let the team members know that we have interest in the project development. If bounty hunters transfer the bounty reward tokens to the exchange after reading the listing news, I don't blame the bounty managers. By the way, bounty managers always negotiate with the team and team members are not supposed to answer the questions of each bounty hunter one by one in social media groups.

[xiboothrezi]

Well, the bounty manager is no guarantee that the project is successful. I make the manager's bounty performance as a reference, their good work, on time, and good communication make me comfortable, that's all. That makes me more comfortable working with them. Bounty managers who have good credibility will also not choose bad projects after all cryptocurrency is unpredictable, so understand that everything is at risk.

[NavI_027]

Remember most of us don't know each others beyond our online profile. I learnt he will be managing more bounty after he left his old profile to embrace another one.

I presume that you are only pertaining to bounty managers and not signature campaign managers, for me they are different persons. Honestly, I'm about to rage already and rant after I read the title of your thread jk.

So, don't join a bounty or invest in a project because of the bounty manager. Do your research before investing your money or time on any project.

You are absolutely right for that one. However, first you can't please everyone because we got our own perspectives withthe person we are dealing with and second bounties are source of money after all. People tend to just ignore this fishy stuff because they eagerly chase money. I'm not contradicting you, it was just a real talk .

[Layers318]

Bounty managers are not the determinants of the authenticity and success of a project. What makes the difference is that good bounty managers with exceptional expertise in crypto takes time to study the project and the team before deciding to promote the project. However, the success of the project depends on the team, the structure of the project, the product etc.

[shoreno]

Bounty managers are not the determinants of the authenticity and success of a project. What makes the difference is that good bounty managers with exceptional expertise in crypto takes time to study the project and the team before deciding to promote the project.

so in short it chosing a good manager do really matter  .

However, the success of the project depends on the team, the structure of the project, the product etc.

still depend on the manager because a good manager can budget the funds given to them by the owner  . he can  hire adequate amount of participant to ensure that the project is well advertise and expose throughout the forum  .  the rest would matter on the quality of the project because promotion is  still useless if the project is shitty  .

[Redemption59]

Legitimacy of a bounty project is determined by an individual has got nothing to do with a bounty manager. As an individual, you've got to do your own research and ascertain as to whether to promote the project or ignore it but depending on a bounty manager to determine the legitimacy of a bounty project is a wrong approach since bounty managers don't determine how legit a project is.

[coaprotet]

It is true, even big managers like Wapinter are making mistakes and messing up with projects that are unable to collect soft caps. Nothing is better than your own research of each project and only in that way you can be sure that the project is legit.

[upyem2k]

The bounty manager also get scammed with their times promoting a sham project and even those intended for stealing of people's hard earned money. They also fall victim of circumstances in the cryptocurrency world.

[Kwansimaa]

There are a lot of bounty projects out there on the bounties thread posted by different bounty managers and even though most of them are trying as much as possible not to post any scam project to tarnish their image, it is very advisable to do your own investigations on any project you decide to promote, research the project, the team, its board of advisors, how their support channels work and the investors or partnerships backing the project to determine its legitimacy because bounty managers do not determine the legitimacy of bounty projects.