Bounty Managers do not Determine the Legitimacy of a Cryptocurrency Project

[upyem2k]

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.

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[Ifemini]

Bounty manager truly does not determine
But bounty manager do have an effect; nobody joins a bounty manager with failed projects
Which is why g0blin has not gotten any bounty job since the mess of the spotcoin bounty

Be smart and dyor

[tsaroz]

You need to research on your own and can't depend on other's choices. Though what you could generalize is any projects approaching a reputable bounty manager are serious in their work and are spending a good deal of amount just to run the bounty smooth. And there are perks for bounty participants for joining a bounty managed by reputed managers.

[OptimusPrime_3]

Ranks of bounty managers does not determine the legitimacy of a bounty project so I really don't pay much concern on what rank the bounty manager held. I have been in bounties where a high ranked member was the bounty manager and the project turned out to be a big scam.

[robelneo]

It will not and cannot be determined but I stay away with bounty managers that have a lot of failed or scam projects attached to its portfolio, it just means he is not doing enough research and cannot fight the rights of bounty managers, so better make a list of bounty managers who always screwed up and stay away from them.

[ariyzt]

Yeah bounty manager didn't really give effect for the project it self, its pure depend on the project and their team only. But Bounty manager with good reputation for sure will attract more investor and bounty hunter its self.

[samcrypto]

There’s a big difference on that but at least you have a small guarantee that the project is good if the bounty manager is trusted. The manager can’t also tell how good the project but its there job to work with a decent project to protect their reputation, there’s a lot of good manager before who got the negative trust by working with a scam project, i know you saw some of that manager.

[Convery]

Bounty manager as a Legendary member with many positive feedbacks that holds all bounty tokens on his wallet is the most trusted way how to secure your payout from the bounty campaign. 

[yazher]

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.

For the bounties that don't pay their participants, managers always reminding bounty participants that whatever happens with the project is not their concern, they've done their part by carefully inspecting it. and if the project owner doesn't give anything to the bounty participant, that's not the problem of managers, the problem is with the owner, cheating and scamming their own people who promote their project all these times.

Like for example HowDoo. this is a legit project but they didn't pay their bounty participant after the bounty is done. and that makes them automatically a scammer and the manager managing it has nothing to do with their scamming. the fault is on the HowDoo team. until now I didn't get anything from them. but I don't blame the manager because he is not the one who pays us. that HowDoo team is the one to blame.

[avikz]

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.

Absolutely correct! If someone is investing in ICOs just because the bounty is managed by a reputed member, he is making a big mistake. Bounty managers can't determine if a project is a scam or not!

However, a reputed bountry manager will always do his own due diligences before accepting a bounty management request. A reputed member would never want to be associated with a fake program. Also a reputed bountry manager usually means that the bountry participants will be paid in time! That's what matters for the bounty hunters!

[CLywaTeLb]

Those who carefully research the project before starting to manage the bounty campaign, of course, are good managers. At the initial stage it is not always possible to understand whether the project is scam. This is a difficulty for all of us. It often becomes clear when some time has already been spent.
I remember only two cases when the bounty manager stopped (& announce it) the bounty campaign earlier, having discovered that they were scammers. Usually manager just stop campaign without notice.

[capcaypro]

I always look for paid managers who can analyze the project ahead, so as not to waste time, a professional manager will choose projects that are bargained by the team always selectively first.

[wywoc]

Of course, because many Bounty Managers get paid to run a bounty. However BM with good reputation and many successful campaigns in the past will ensure a lot of bounty campaigns that you participate in. That's why the bounty of those BMs is always very crowded.

[el kaka22]

How does it not affect the project at all. If the bounty manager you hire yourself doesn't represent you at all then why did you hire them to begin with. If you have a bounty manager then they are your representative here and whatever they do is basically what your company is doing.

As the whole project you need to check all of your customers, just like if a coder writes a wrong code and just like how a designer has a misprint, if the bounty manager is doing something shady in order to enrich themselves then you need to make sure you fix what the wrong they did and give the bounty hunters the amount they deserve. Even if its just a temporary position the ramifications could be forever and from your early days it will haunt you forever even after years of operation.

[stigmacryptonight]

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.

This sentence is what I always do when I want to participate or if I want to invest in a project. Because crypto is no guarantee that it can benefit even the manager or the other. it all depends on you, you do it yourself whether the project is good or not.

[yangongear]

The reputable Bounty Managers all choose projects very carefully, even video calls to agree on the project. So choosing such BMs can guarantee you a good bounty to join. Of course you need to do your research, but I'll based on BM to save my time.

[kingpin4321]

There is no sure fact that bounties managed by higer ranking members are real than those managed by lower ranked members.
But I would rather take my chances with a bounty managed by the higher ranking members than those managed by lesser rank

[Reid]

Not all have the same issue.
Some of them are very strict with the applications of users here. Whatever rank you are.
Also, about the legitimacy of one project. If you are to keep your good profile ranking here then it is a must to look for the background of the project.
Again, some of them does this and some of them dont which aims just for the money and not for the features of the project.

How can you prevent it or keep yourself safe?
Then do your own research. You dont just rely on what the manager said or his trust rating. Go way beyond that by doing a deep analysis about what you will support or invest with.

[valuater]

for investment I better invest assets in projects that do not have a bounty, and to choose bounty indeed if we can be mistaken and for rank is not a guarantee because there were lots of BM with hero-legendary ranks but they cheated with prizes from participating participants bounty and not share it with prize participants

[Rohtox]

~
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.

Can you please share with us who's the Bounty Manager you talking about?
To be honest, the Bitcointalk Rank is not a guarantee of a project or Bounty Campaign.
To be made ONE OF the considerations MAY be possible, but NOT ALWAYS.
Keep doing deep Research and Do With Your Own Risk