Project Opportunities "Too good to be true"

[Vod]

https://kotaku.com/how-over-25-people-got-scammed-into-working-at-a-nonexi-1836834497

Everyone has an idea and no money - so jobs will be offered with promises of future riches.

Make sure you vet the company fully before you sign any contracts.

[Patatas]

Being a developer, I do get calls and interview offers from blockchain-based start-ups and I recently declined one offer letter after talking to their founder. He wanted to sell the company as soon as possible once it has good funding. They were not giving shares so there is no point for me to wait for the company getting sold. Also, I wouldn't even consider working for a company that is soo primitive that it hasn't completed at least 2 rounds of funding. Won't even bother a project that is just an idea.

[joniboini]

I also get invites sometimes as a translator and they said they'll pay me with their tokens. They need people that believe about the future of the project and that's why they'll pay with tokens. What a nice excuse to not pay and use real money to compensate what people have done for them.

Hopefully, those guys can learn from this. Must have wasted their time.

[Coyster]

Everyone has an idea and no money - so jobs will be offered with promises of future riches.

They(the owners of such companies)are only thinking about making money for themselves, so they hire good brains and try to use their knowledge to enrich themselves.

Make sure you vet the company fully before you sign any contracts.

It's funny how individuals fail to run thorough checks on a company before getting in, it's probably due to the fact that their are so many good brains for a job, but very few establishments to accommodate them, so they are glad to jump into any.

[Upgrade00]

Once a paycheck does not come in, that's a huge red flag. Any developer or lead entrepreneur's first job is the payment of his/her staff, this should be prioritized over their own welfare.

In a recent post I made, I shared a criterion I use when choosing ventures: everything is a scam until proven otherwise.
This story is an example of what most scammers do, convince real people to join them, and then leverage on those real people to convince others.
Always do your research!

[Vod]

Once a paycheck does not come in, that's a huge red flag.

Yes, but increase the charisma of the scammer and they can make the gullible work forever.

Do you think job seekers would find a "verified" service directory useful? 

[hd49728]

I also get invites sometimes as a translator and they said they'll pay me with their tokens. They need people that believe about the future of the project and that's why they'll pay with tokens. What a nice excuse to not pay and use real money to compensate what people have done for them.

Hopefully, those guys can learn from this. Must have wasted their time.

Campaigns that pay through bitcoin are more reliable than bounties pay through altcoins or tokens. Because founders of those projects don't lose anything to run their bounties. All tokens, altcoins they use to pay for their bounties' participants come from premined. That is totally free. It is not true to say that campaigns pay through bitcoin are all good, not scam; but at least their teams have to pay something, have to accept to lose something. Furthermore, campaigns pay via bitcoin mostly managed by high trusted managers, that is another good point that we can see something are potential from those projects.

[Pmalek]

I also get invites sometimes as a translator and they said they'll pay me with their tokens.

Wait... I thought that all these bounty campaigns pay their participants in their native tokens. I am not counting those that pay in Bitcoin, like signature campaigns, but is that not the standard way these bounty campaigns do business? Maybe I have been asleep to long and something changed.

[Nnuego]

Almost all project pays with their token. You must have believed in their project before signing a contract or accepting their offer. Their token offer is quite huge but it worth nothing compared to offer and services rendered for the success of the project

[Youghoor]

Looking at almost all new projects, they present ridiculous discounts just to attract investors to invest in the project. The entire crypto space has now turned into profit minded developers and managers who are just concern about making money out of people suffering. 

[pooya87]

Do you think job seekers would find a "verified" service directory useful? 

they most probably will. but the problem is that these types of directories are corrupted easily as fast and end up receiving bribes to list shady things as legit/verified ones.

[Dabs]

It's a risk going to work for a new company. I'd say, have some sort of back up plan, or go for a large stable one first (if they'll take you) before jumping to a brand new start up. Just like all other businesses, 95% of them fail in the first 5 years, some don't even survive their first year.

Then again, games companies are usually a dream. Even big names like Blizzard cancel some projects and those already have funding. Or they put on hold others with a notice that games will be released on some future date but no actual deadline.

To me, it's a wonder that id software made doom and quake and is somehow still alive today. But at least they're known and they're big enough, I just don't know if they're hiring.