Let's stand against Bounty Scammer.

[1miau]

Scamming bounty participants is an unbelievable shady and sad move to despice the community. If the project will be launched and finally listed but not pay bounty, I consider a bounty scam the same way like a normal scam. The team has set up rules and if they don't respect them, the case is clear. They expect the same from bounty hunters so why should the team be treated in a special way?

No project can live without community and if projects start treating the community like that they'll have a dead coin very soon (and it's deserved).

Bounty business has completely gone mad while I've still the hope reliable projects take their chance to launch an outstanding campaign among all the other shady shitcoins. At least that wouldn't be difficult right now. 

1 month from now, I will be posting a bounty that has a trait of scam. after we have finish promoting their project, they suddenly decide to conduct a KYC process which makes the bounty participants mad. they rush to close the KYC process just for 1 week. after 1 year they open the KYC form again and this time I already sent them my info. I have a total of 1.9 ETH of the rewards calculated by the current price today in the market. If they don't give me my due, after sending them the proof they asked for, I will name that project here in this thread. so you guys will see what kind of project I'm talking about.

Yes, KYC-Scams are the worst ones. First announcing that no KYC is required, the users join and after the bounty is closed it's announced that KYC is required because the lawyers "suddenly" notice it is necessary (or similar lies). The case is often very clear:
- save payment by weeding out users who won't submit their personal documents for a possibly worthless shitcoin
- or if the project is a scam it's an easy way to collect personal data by the scammers and commit fraud
In both cases the shitcoin devs are literally blackmailing all users to submit KYC or if they don't submit it they will receive no pay for work already done (according the rules). That's so shady, I can't eat as much as I want to puke.
Most likely they won't have the same number of users if they'd announced their shitty KYC before people joined. 

If they don't give me my due, after sending them the proof they asked for, I will name that project here in this thread. so you guys will see what kind of project I'm talking about.

Feel free to post it here. We had some cases in the past where we put pressure on the devs to pay according to the rules without KYC. After their account was heavily tagged and flagged they started to get communicative. 

[skarais]

~Skip
No project can live without community and if projects start treating the community like that they'll have a dead coin very soon (and it's deserved).
~Skip

Communities are an important part of project growth, without communities there is very little possibility that the project will progress. But many projects now don't treat their communities well, they don't even pay what their communities should get. Community support for this project will increase the popularity of the product and its price in the market, perhaps. But if they leave their community, shitcoin seems appropriate for the project.

[btcdie]

1: 100 to find a bounty that really pays at this time. very difficult to find a bounty that does pay / a real project. I joined dozens of bounties this year, but it was not worth the income from what was done.

I agree with the OP, if there is a bounty or the project is unclear. As a bounty hunter, we must fight it. if not, what will happen in the future, the real project will be devoid of investors (it can be said that the project failed).

[crairezx20]

I have experienced before to promote some ICOs and joined to their bounties but 2 of the ICOs campaigns are scam.
I just received a coin which is no value until now and the one which is not distributing stakes. I thought it won't happen to me even I search about their project and check their participants with a high trust score they still end up scam.

What I think is to prevent or to avoid more bounty scammer is someone(trusted high rank member) should hold or deposit a good amount of BTC to verify that the project is legit or if the team is going to scam bounty users will still get their rewards by requesting who holds the deposit amount.
Or I hope the forum moderators should take action like deleting bounties which is posted by newbie or copper members. No proper bounty campaign manager should remove on the bounty section so that it can prevent more people to scam from fake bounties.

[ice18]

Been a bounty hunter for almost 2.5 years now and I already experienced many shady projects some are failed projects, some decreased the allocated bounty and changed the rules as stated in the first day of campaign and one of the worst bounty I ever joined is one project that requires hunters to pay eth to be able to receive your bounty Im sure many of hunters here knew this project A****t lol, What I want to discuss is how we can prevent this problems to happen again in the future? Im thinking of not allowing newbies or low rank members to create bounty threads, only the ones who are trusted enough from Full member and above can create threads and also not allowing newbies to bounty section because they are one who are creating spams and joining scam bounties they need to learn first how to make a research before joining bounty and at-least reached to Jr member rank to be able to join.  

[Coyster]

Im thinking of not allowing newbies or low rank members to create bounty threads, only the ones who are trusted enough from Full member and above can create threads and also not allowing newbies to bounty section because they are one who are creating spams and joining scam bounties they need to learn first how to make a research before joining bounty and at-least reached to Jr member rank to be able to join.  

Newbies cannot join signature campaigns, one must obtain at least one merit to be able to move up to the next rank, and I think Jr member is the minimum rank for ICO bounties, not newbie.
I do not even think this is a "rank" issue, anyone can create spam and also be a scammer, we are all aware of the dangers ico bounties possess irrespective of who creates the bounty thread or not.

The thing is sticking with the BTC campaigns so one doesn't waste his or her time, there are many established forum users that run BTC campaigns and haven't had any dent on their reputation, that's the sort of campaign one should be on, anything short of that should be avoided.

[Krislaw]

Worked for months but got nothing , I hope there will be no  scam bounty in the future Because it's just a waste of time and harm others .
Many investors are harmed in their scam project, let's hope that the scammer will be destroyed on this earth !

Do away from participating in ICO/IEO bounties, their success rate is getting low everytime. Some might even get successful but they will implement a lock period or slash the bounty allocation. It's better to rank up and participate in BTC campaigns.

[FireBallex]

As my title says, "Let's stand against bounty scammer". Do you know what is bounty scammer? Those project doesn't want to distribute stake of bounty hunters, I called them Bounty scammer.

It's been noticed lot of project just skipping after end of campaign. They even trying to listing their project on big exchange like Binace. (For example Vidy project) but they failed on voting fortunately. They scam bounty hunters mean had not paid stake. We can't take any action against them since all the fund on their hand. But I am upset about that, any bounty hunters not made sound against them. Some others who isn't victims they are making sound.


Bounty hunters ! You are the one who is promoting a project via Facebook, Twitter, Reddit, Telegram, YouTube and some other social media. But after posting (spamming) on social media all hunters just become freeze. They forget about projects those they had promoted. They just care whatever they received. So why are you spamming on this forum and other social media if you can't ask them about your stake? Who is scammer I have no comment about them like fake team and so on, but those project is live and trading on some exchange then you might take some action against them.

Bounty scammer just not scammed you, they are scamming new peoples continuously. They are selling your token through exchange. Their intention isn't good, so they will just sold their token those are holding with them. Means listing on exchange is another opportunity to scam more peoples. Once their all token will sold out they will become freeze and token price will dump to near ZERO. Means so many traders will counter scam once again.


So what you would do? You also responsible for that scam. Who know how many peoples were invested on that scam project by visiting your post on social media. If like that happen you might take some action against. Post against bounty scammer like when you had posted during boulty campaign. Write against them and use hash tag like #scam and so on. Make thread against them on this forum and do free bounty once again against scammer. Write to the exchange where trading currently about their history. Write on exchange's social media so everyone will aware about their corruption. And trader will not fall into their project. Almost 10K to 15K user promote bounty campaign. So if all users make sound against bounty scammer and write social media then so many peoples would save their money and hunter also might get back their token when the project will see sound against them.  Only hunters could so that. You promote them free so write once again against them free. Show them you can do, tell them you were a part of their projects.


Perhaps my post will look like unrealistic to some peoples, but hunters could made it.

How sure are you that the fault is all on vidy teams? Are they the one in charge of bounty distribution? some times bounty manager can be the culprit, the teams might have sent the total allocation to him and he might just locked up and leave

[Little Mouse]

Although you are right that bounty hunters are responsible, one another point, I would say it's the campaign manager who can stand against the bounty scammer. I had some chat with Yahoo and he was referring to hold the bounty rewards all the time so that participants don't get scammed. If bounty manager wants, they can avoid such issue.
If a project don't pay anything without the token to the campaign managers, these are likely to be scammed, while projects which spends a lot of money are likely to be solid.

[d3nz]

We cannot avoid it unless people will learn and as you know that there is a lot of bounty hunter. And even we stand against it then some will take the bait and it will be useless.

Maybe we can just create a thread and rate the ICO if they really paying and legit then they can know if its just making money and probably do exit-scam.

[Krislaw]

Although you are right that bounty hunters are responsible, one another point, I would say it's the campaign manager who can stand against the bounty scammer. I had some chat with Yahoo and he was referring to hold the bounty rewards all the time so that participants don't get scammed. If bounty manager wants, they can avoid such issue.
If a project don't pay anything without the token to the campaign managers, these are likely to be scammed, while projects which spends a lot of money are likely to be solid.

Yeah, that's true. Some new campaign managers doesn't know how to do this because they are only have their own payment.
It's better to join bounties managed by reputable manager like Yahoo, Hamphuz and the rest.

[julerz12]

Although you are right that bounty hunters are responsible, one another point, I would say it's the campaign manager who can stand against the bounty scammer. I had some chat with Yahoo and he was referring to hold the bounty rewards all the time so that participants don't get scammed. If bounty manager wants, they can avoid such issue.

You're quite right, if the bounty manager holds/escrows the bounty pool and is also tasked to distribute it by the end of the campaign, then the assurance for all bounty hunters to get their rewards is high. Unless of course the bounty manager himself scams them and runs away with the bounty pool. Another way to avoid this is to have a separate official escrow for the bounty pool. There are some escrows in this forum that would agree to hold tokens from the bounty pool and even distributes it as well when the campaign ends.
The problem is, some bounty hunters don't really care about having an escrow or even with the legitimacy of the project itself. As long as they see lucrative rewards, most would jump in and join without any hesitation. What they really need to do is do their own research and inform the bounty manager if ever the project has the possibility of turning into a scam so it can be stopped immediately. Cooperation with the Bounty manager and the bounty hunters is crucial to lessen these scam projects.

[MuffinMaster]

This is exactly what happened with the STIPS project. After completing the bounty campaign and counting the stakes, the CEO said he was not satisfied with the results and would simply not pay the rewards.

Bounty manager deleted bounty thread opening posts and disappear:
https://bitcointalk.org/index.php?topic=5050582.0

ANN thread: https://bitcointalk.org/index.php?topic=5032617.0

Statement of CEO:



The point is that what he wrote is not true, because the bounty campaign began with pre-ICO and during the token sale and bounty, the whitepaper and roadmap were changed (you can check dates in OP in ANN thread). The pre-ICO period was extended and the bounty campaign ended before the start of main ICO, so it doesn't matter what happened later with main ICO, because the work has been done in accordance with the campaign rules and deadlines. The project is developing and the CEO does not want to pay out rewards. For me it is classic SCAM.

[Little Mouse]

You're quite right, if the bounty manager holds/escrows the bounty pool and is also tasked to distribute it by the end of the campaign, then the assurance for all bounty hunters to get their rewards is high. Unless of course the bounty manager himself scams them and runs away with the bounty pool. Another way to avoid this is to have a separate official escrow for the bounty pool. There are some escrows in this forum that would agree to hold tokens from the bounty pool and even distributes it as well when the campaign ends.
The problem is, some bounty hunters don't really care about having an escrow or even with the legitimacy of the project itself. As long as they see lucrative rewards, most would jump in and join without any hesitation. What they really need to do is do their own research and inform the bounty manager if ever the project has the possibility of turning into a scam so it can be stopped immediately. Cooperation with the Bounty manager and the bounty hunters is crucial to lessen these scam projects.

It's not possible to restrict the bounty hunters to participate any bounty campaign. Some may don't participate while some will never think what's going on. There was a translation job from cryptoji for several language, only I got the payment because I choose to escrow the payment while other didn't.
Same way, some people never do their homework.
Unless bounty managers stand, it's not possible. I think each campaign manager must have cooperation and prevent such project to launch bounty here.

[Coyster]

Unless bounty managers stand, it's not possible. I think each campaign manager must have cooperation and prevent such project to launch bounty here.

By "stand" I suggest you mean work hand in glove to make sure they work for only bounties that keep the bounty payments with an escrow before the bounty begins. This is a brilliant idea, but there are some bountie(esp Btc bounties)that do not have any fixed beginning or ending, the company just starts the bounty and watches it's growth, I doubt if they will be able to escrow the payment, they would, I think give the bounty manager the rewards for every week just before it starts.

The campaigns that would need this the most are ico bounties, they are always having issues with rewards at the end of the campaign, this idea would be effective there, but most of those campaigns never choose reputable managers, thats why it may never work.

[cryptoaddictchie]

I hope bounty managers can somehow feel responsible too when launching a bounty campaign. Yes I know they are only paid to handle a campaign but what if the team decides not to pay or delay it or for whatever reason they have? I've done so many campaign but not typically on signature campaign but other such as blog and I can rate myself as a good hunter for these ICO projects cause I monetize most of them but some projects are like what the OP mentioned.

Maybe it's time to fight back, dubbed as Bounty Scammer,  dont handle projects that you, yourself not sure of the legality of the one you've accepted caused it can give you shamed as a manager who also must do research and due diligence about it. Dont be a money grab, and fool by the payment they are offering in exchange for reputation.

[congakia113]

The project failed and that was a scam for the bounty hunter? I don't think this is true! The project developers tried to develop it, but the project failed and they couldn't send hunters bonus tokens of no value! Besides, successful projects, listed on trading platforms, did not reward hunters, which is a scam.

[yazher]

The project failed and that was a scam for the bounty hunter? I don't think this is true! The project developers tried to develop it, but the project failed and they couldn't send hunters bonus tokens of no value! Besides, successful projects, listed on trading platforms, did not reward hunters, which is a scam.

There is certain project that distributes their tokens, even though their sales was failed to collect necessary funds to develop their project. I remember that I joined some of those projects in my early years here in the forum. If you check my ETH address here: https://ethplorer.io/address/0xc2c384240366b209c75ef9b730fe136ce1789f6f
you will see that I'm not making stories. the name of the tokens are:

Greenworld Farm Token
RenCap
TimeBox Coin
DEEP AERO
and more.

Those are the projects that didn't even reach their soft cap.

[MuffinMaster]

The project failed and that was a scam for the bounty hunter? I don't think this is true! The project developers tried to develop it, but the project failed and they couldn't send hunters bonus tokens of no value! Besides, successful projects, listed on trading platforms, did not reward hunters, which is a scam.

There is certain project that distributes their tokens, even though their sales was failed to collect necessary funds to develop their project. I remember that I joined some of those projects in my early years here in the forum. If you check my ETH address here: https://ethplorer.io/address/0xc2c384240366b209c75ef9b730fe136ce1789f6f
you will see that I'm not making stories. the name of the tokens are:

Greenworld Farm Token
RenCap
TimeBox Coin
DEEP AERO
and more.

Those are the projects that didn't even reach their soft cap.

If project didn't reach softcap it doesn't scam. It means that project failed and even he paid bounty rewards the tokens are worthless, so it doesn't matter. We are talking about projects that reached softcap, are developed, but they don't want pay rewards for no reason.

[fourpiece]

The project failed and that was a scam for the bounty hunter? I don't think this is true! The project developers tried to develop it, but the project failed and they couldn't send hunters bonus tokens of no value! Besides, successful projects, listed on trading platforms, did not reward hunters, which is a scam.

There is certain project that distributes their tokens, even though their sales was failed to collect necessary funds to develop their project. I remember that I joined some of those projects in my early years here in the forum. If you check my ETH address here: https://ethplorer.io/address/0xc2c384240366b209c75ef9b730fe136ce1789f6f
you will see that I'm not making stories. the name of the tokens are:

Greenworld Farm Token
RenCap
TimeBox Coin
DEEP AERO
and more.

Those are the projects that didn't even reach their soft cap.

If project didn't reach softcap it doesn't scam. It means that project failed and even he paid bounty rewards the tokens are worthless, so it doesn't matter. We are talking about projects that reached softcap, are developed, but they don't want pay rewards for no reason.

a lot of project failed because of not reaching the softcap and its the main reason why a projects these days went to scam because they dont have funds continue to the project.