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Author Topic: Bounty Managers do not Determine the Legitimacy of a Cryptocurrency Project  (Read 5277 times)
WalkerIVIV
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July 17, 2019, 04:29:22 PM
 #21

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.
Bounty manager gives nothing to the result of bounty until this manager implements the verification to the ICO before it wanna manage it and it can't be trusted. We have learned a lot about that and it looks like more education about that is needed by a lot of bounty participants.

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July 17, 2019, 04:31:40 PM
 #22

Yes, you are right about that and statements on this thread, if the bounty manager is reputable it doesn't mean that it will be successful. Well, it may lessen the risk but still there's a high risk in doing so. I was one of the victim of HASHCARD, does anybody know them? It was managed by needmoney - which is one of know manage that turns into a scammer as well wherein previously joining their campaign was profitable so when I see hashcard which is good I believed that time, me and my friends invested but suddenly in just an instant our savings were gone!
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July 17, 2019, 04:54:42 PM
 #23

Most bounty manyaher don't care if bouhtyy participants are paid or not provided they have got their own payment, the welfare of bounty hunters is not their priority, using manager rank or experience as criteria in selecting bounty is wrong and could be misleading.

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July 17, 2019, 05:09:04 PM
 #24

Most of the bounty managers out there know how to promote the real project and they don't want to make their names look bad by blindly promoting bounties that don't have legitimacy. The managers that don't care about legitimacy often receive bad consequences from the DT members and mostly get tagged.
If what you mean is they are good in promoting bounty projects, I would agree with you. But if what you are really saying is most know how to promote real projects? Not really. There's only a few of them. I'm not sure how you can say that so easily, I guess you have not joined a lot of bounties yet managed by different campaign managers.
 

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July 17, 2019, 06:49:53 PM
 #25

some knows, some may not.. there are bounty managers that taking only the advantage of being paid for their service..

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July 17, 2019, 11:54:34 PM
 #26

Bounty managers are most times employees, their only stake is the amount agreed upon which they will be paid. As long as they pay them they continue to do the job, it's not their business if the project is legit or not except those who feel they have an integrity to protect.
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July 18, 2019, 01:00:49 AM
 #27

It depends on the character of the bounty managers, we all know that many bounty managers are competing with each other, they would sometimes get a project that is considered high risk,  just to get more projects in their portfolio or to get more jobs, of course, they put disclaimers on their participation, to keep them in a safe side.

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July 18, 2019, 03:30:22 AM
 #28

That is one of the factor when you start to join bounty program or investing. The bounty campaign manager especially a member of this forum who are used to handling bounty campaigns and have a good reputation in this forum.

I have oftentimes to see bounty campaign manager of this forum (reputable manager most of them are have a high rank) decided to cut/stop the bounty program because the project has cought having a fake team identities or anything else which is not in accordance with the facts.

Based of that I believe bounty manager who have a high rank and was trusted by many people of this forum can make investor or bounty hunters comfortable. But I guess it is only for avoiding scam projects, it does not ensure investors and bounty hunters get multiple profits.

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July 18, 2019, 04:49:47 AM
 #29

I disagree with this, there are low ranking bounty manager who pulled of some succesful projects. Take notice those legendary member who has red tags. Why the hell, they become one? Any bells ringing? Its not about the rank but the integrity and honesty of the BM. Even, the campaign Ive joines now is a new BM, I cna sense the potential and the integrity of him towards this project.
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July 18, 2019, 05:45:54 AM
 #30

Bounty managers don't determine the legitimacy of any project(s) because almost all of them are just hired and not part of the core team that is saddled with strategic planning and decision making.

A bounty manager can only try in analysing the project to convince himself/herself and those working with him (bounty hunters) that such project can be trusted(which of course is not certain)
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July 18, 2019, 06:17:19 AM
 #31

It is not that easy to determine if a project will become a scam or not. There are a lot of key indicators to be taken into account: Whitepaper, team experience, milestones, social media activity etc.

However,  it's hard to predict if the project will develop as per Whitepaper or if it will just vanish when the soft/hard cap is reached.

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July 18, 2019, 06:22:33 AM
 #32

We have special bounty managers in crypto space not because they introduce only good bounty projects but because of their sincerity with their work,that's what makes them special yet they can introduce fake projects unknowingly,its bounty hunters duty to investigate before promoting any project

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July 18, 2019, 06:31:35 AM
 #33

Good bounty managers will always tell participants to always do their own research before joining any his bounty because some fake projects are very tricky to detect so no matter how good the bounty manager is hunters should do their part as well

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July 18, 2019, 07:03:31 AM
 #34

While investing we have to be very careful and can not rely on bounty manager's rank, as our hard earned money is on stake.
Since, it's efforts which will be wasted if project turns out to be scam later, will not affect much.
I have seen very rare cases where project turned out as scam whose bounty was managed by high rank bounty manager.
So it's possible.

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July 18, 2019, 07:55:29 AM
 #35

Thats true, its not about how populer or how good reputation of that bounty manager , but all success depend on how good the team and the project it self , so whenever you wanna do invest, the best way don't ever do invest unless you check by your self

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July 18, 2019, 08:14:45 AM
 #36


According to the experience that I have faced myself, I used to rely on a bounty seen from who the bounty manager held it, because usually a good bounty manager would definitely only receive a good bounty and be trusted. and first the bounty manager always uses his personal account which is indeed used. but for now this is not what I see, because most bounty managers use new accounts and finally when the bounty isn't running we can't find who can help solve it.
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July 18, 2019, 08:43:44 AM
 #37

Bounty managers must do their part of analysis since it increases their chance to get more legit projects, however, it's our duty as well to analysis the project and promote the good one only.

There are some bounty managers that has an ability to scan the project first and if there are some essential things that they missed for the project they will let the team know it and if the team wont make any changes then they wont accept it because they are caring their reputation as a good bounty manager.
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July 18, 2019, 09:01:48 AM
 #38

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.


You are right to some extent, I use also use to believe that a bounty manager determines a good project until I recently realized a BM I have been following with a Hero rank that almost all the project he handled that I joined all turned out to be waste of time but there is another with a member account that I recently started following all her 4 projects that I joined has paid me massively. So that's why I said you are right to some extent

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July 18, 2019, 09:15:24 AM
 #39

The rank of the bounty manager does not determines the legit of the project. I know a manager with over +12 positive trust that his last 3 project were full-time scam. From my empirical experience, i have come to realize that the rank of a does determines good projects. I do my research before investing or promoting. 
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July 18, 2019, 09:24:54 AM
 #40

Most if not all will never determine the legitimacy of a project they are managing, most of them careless about the end result if the said project in as much they have been paid in BTC or ETH. I had participated in some bounty campaigns which where been managed by Legendary accounts and even as a forum staff, at the end of the bounty, the said project disappeared till now while some has no value on  my wallets.

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