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Author Topic: Bounty Managers do not Determine the Legitimacy of a Cryptocurrency Project  (Read 5273 times)
baiwei
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July 21, 2019, 11:33:27 AM
 #61

For its a big advantage if the bounty managers wi check the legitimacy of the project they operate to assure that their reputation will be safe and good to bounty Hunters also for investors, as i saw many bounty managers now operating projects even its not good and not legit and the important yhing for them is that they are payed and getting benefits thats my views on them.
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July 21, 2019, 11:41:19 AM
 #62

Bounty managers have no business with projects they are conducting, they have no business with the team they are just like we bounty hunters,all they do is get their job done and get paid like us,it will be stupid to depend on bounty managers when choosing projects

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July 21, 2019, 02:57:32 PM
 #63

You are definitely right. Bounty Managers don't solely determine if a bounty projects are scam or not. We need to do our own research to determine whether a project is legit or not.

But I just want to remind you also that there is a big difference between a scam and an unsuccessful project. Good project managers do their assignment and personal research on choosing a campaign but they can make a mistake also on determining which can be a successful one.
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July 21, 2019, 03:05:10 PM
 #64

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.

That's right a bounty manager doesn't guarantee the legitimacy of any crypto project, but there a couple of manager who more than not we'll never manager a fishy project, That's just an added benefit but shouldn't stop participants from making their own personal findings about a project before working with them.
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July 21, 2019, 03:24:10 PM
 #65

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.
Most people participate in the ICO project based on who the bounty manager is. This is not wrong because everyone has their own way and trust in the bounty manager who handles the project. Maybe some people will choose to do research on the ICO project regardless of who the manager is, but there is nothing wrong because everyone has their own way.
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July 21, 2019, 05:23:52 PM
 #66

This is true. 
Most/all of the managers are not experts as far as I can tell.
The few good ones end up derailing due to greed.

I think crypto community desperately needs  a strong blockchain friendly standards every startup has to pass to qualify for funding.  We can then  have randomly selected people who check and score every project to make sure every standard is  passed
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July 21, 2019, 05:52:43 PM
 #67

No they are not, but my experience shows that there are some managers that are trying to find only legit project and doing their own research before launching a bounty. Thats why I prefer to stick to the managers mostly.
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July 21, 2019, 05:52:51 PM
 #68

it will be stupid to depend on bounty managers when choosing projects
Sometime it's true, but sometime you're wrong. Bounty hunters will not hold tightly to those words, because there are a number of bounty managers who run bounties with a higher level of success, because their rental prices are of course expensive than usual, so it's not arbitrary for people who can afford their services. I have seen and feel it, because I have experienced it.

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July 21, 2019, 09:49:06 PM
 #69

Well i know that Hunters have favorite Bounty Managers especially those with good records about legit bounties. Some Mangers won't even bother if hunters get paid or project exit scam, they only care about their Money while some take time to research and bring verified bounties. A good bounty Manager should manage at least 70% of good and legit bounties.
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August 01, 2019, 08:01:44 AM
 #70

As the name goes, bounty manager, that means they are just managers and as such have no say nor will they determine a project that will do well. They are just hired to do a job which they will, so thinking they can determine the success of any project is wrong because they are not super humans.

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August 01, 2019, 08:34:31 AM
 #71

Bounty managers are not blind or stupid they choose the projects amid many profitable projects. They do their job with managing so many projects and they are paid for doing this. I examine their actions towards scam projects but the results are heart-breaking.
I know some bounty managers are so blindly accepting any scam campaign without doin any verification and not all of bounty managers are so smart, I can mention some of them right now but it's not good to do that. remember someone that used olcaytu as the name of BTT account has managed so many scam campaigns.
you can see that.

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August 01, 2019, 08:43:25 AM
 #72

Bounty managers are doing their best to find good bounty because that would be the recommendation for their next bounty campaign if they keep promoting dubious and p[otenaially scam project, then he will surely lose his reputation, there are a lot of bounty managers, who do not do proper research and just want to accept payment, so it's better to always do your own research and don't rely on bounty manager or other investors.

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August 01, 2019, 08:56:52 AM
 #73

As the name goes, bounty manager, that means they are just managers and as such have no say nor will they determine a project that will do well. They are just hired to do a job which they will, so thinking they can determine the success of any project is wrong because they are not super humans.
Standing at a certain angle, the bounty manager really doesn't have too many relationships with a project, they even play a very small role for advertising and management and of course, they cannot confirm the legitimacy of a project, they are outsiders, they do not belong to the project. However, it is for ordinary managers, with some famous managers, they have open relationships with a lot of projects, which allows them to have inside information, and they can describe in a very honest way the legal level of a project

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August 01, 2019, 09:07:12 AM
 #74

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.
Thats the idea, leave mangers with bad antecedent of scam projects. I dont think silon or yahoo ever had a scam project for bounty because of there due diligence through research before managing. Have seen managers with less than 2 bounties this year because they dont consider some of the project good enough to manage. Bubbalex had a long quarrel with windhan project when they started, interesting the project approached him and he declined, he claimed he wont want to soil his record with project is not confident of. (https://bitcointalk.org/index.php?topic=5107372.msg49956741#msg49956741 ) Tell me why wont I consider him first.

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August 01, 2019, 12:30:06 PM
 #75

As much as I agree with you, I still believe there are some bounty managers who still have integrity to guide bounty hunters right on which project to participate in. This however should not stop bounty hunters from doing their own research intensively. There are projects that as bounty hunters if we do our own research very well, it will be difficult to get scammed. It is also very important to take time to know more about the bounty manager that is recommending some projects for us. We must be sure whether such persons have good records of successful projects they have managed before we can trust their recommendation.

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August 01, 2019, 01:22:37 PM
 #76

As much as I agree with you, I still believe there are some bounty managers who still have integrity to guide bounty hunters right on which project to participate in. This however should not stop bounty hunters from doing their own research intensively. There are projects that as bounty hunters if we do our own research very well, it will be difficult to get scammed. It is also very important to take time to know more about the bounty manager that is recommending some projects for us. We must be sure whether such persons have good records of successful projects they have managed before we can trust their recommendation.

Yep, that's it, there are still a handful of managers who really study the project first before accepting it, because we all know that their reputation is on the line. We have seen lots of bounty managers gets red trusted for accepting project that is really scammy. As some point in time, they have the responsibility to bounty hunters and not be scammed by this criminals. DYOR is just one part of the equation.

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August 01, 2019, 03:29:13 PM
 #77

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.

       Most of the managers have their own failure of holding a project but a manager that  has have a most number of a successful project will be identified as a good manager because they were also a victim of a such scam in crypto industry .
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August 01, 2019, 03:31:14 PM
 #78

bounty managers are also one of the four member with much reputation and experience on managing the spreadsheet and picking the quality for a members to promote the project with their experience and reputation they can choose better project but they are doing it for money so we cannot conclude the legitimacy of the project just because of reputation of the bounty manager.

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August 01, 2019, 03:40:09 PM
 #79

The only difference between bounty hunters and bounty managers is their role, the first promotes while the other manages; none of them can determine the authencity of any project. So some saying that bounty managers determines the how legit a project is, is wrong they are only hired to do a job.

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August 01, 2019, 04:08:57 PM
 #80

Bounty managers are all human, not bots; so they can make mistakes when they investigate and judge on quality of projects they manage or contacted to manage. Generally, good managers will select among projects having contacts with them to ask them for their managements on those projects. They will obviously choose good, potential, and somehow less likely scam to promote. Their judgements might be wrong, but experienced managers will less likely make wrong decisions, and less likely promote scam projects. In a summary, I think bounty managers do have their own impacts on potential success of projects they manage.

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