Let's stand against Bounty Scammer.

[wildan88]

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.

even many projects have reached softcap but still a scam, and this proves that they are not serious in working on projects.
Especially now that people's trust on ICO has dropped, so they will be difficult to reached softcap, and I think ico is dead, and replaced by IEO because they are team up with big exchanges.

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[coolcoinz]

I've been telling people not to participate in bounty campaigns that don't have collateral and can't prove the value of their tokens but it's like talking to a wall. There are people out there who have no money at all and they will work for as little as a promise of some imaginary payment. They don't know how much they'll get and when that will happen but it's still better than nothing. Nobody is as easily exploited as the poor guy and most crypto startups take advantage of this. They offer a giveaway that's literally worth a dollar and watch people from Africa and Asia register accounts and promote their platform with referral links.

[MuffinMaster]

I've been telling people not to participate in bounty campaigns that don't have collateral and can't prove the value of their tokens but it's like talking to a wall. There are people out there who have no money at all and they will work for as little as a promise of some imaginary payment. They don't know how much they'll get and when that will happen but it's still better than nothing. Nobody is as easily exploited as the poor guy and most crypto startups take advantage of this. They offer a giveaway that's literally worth a dollar and watch people from Africa and Asia register accounts and promote their platform with referral links.

Unfortunately, there is practically no bounty campaign with collateral. In the case of the ICO market, this is how bounty looks like. When the market was in good condition, almost all projects were successful. Now that there is a lack of new capital it is much more difficult. Bounty hunters have to decide for themselves whether to wait for better times or to analyze projects well and choose only those that have a good chance of success. I don't think that ICE, IEO, STO bounty campaigns will be ever been secured because this is why they are looking for fundraising, because the developers have no funds.

[conex]

Very informative thread! Which is the most trustworthy platform for bounty hunters?

[MuffinMaster]

Very informative thread! Which is the most trustworthy platform for bounty hunters?

This thread is not about the bounty platform, but about the bounty campaigns that is being launched in this forum. More precisely, about the fact that very often participants in these campaigns are scammed by developers.

More about bounty campaigns you can find here: https://bitcointalk.org/index.php?board=238.0

[Pmalek]

It is very simple! Don't take part in bounties that don't pay in Bitcoin, Ethereum or another listed coin. In some way the bounty hunters allow the scams to happen. You are satisfied getting paid in a currency that is not listed anywhere and likely never will be.

If more and more bounty hunters refused to take part in non-BTC/ETH paying campaigns those few campaigns that are legit would have no other option but to change their approach and start giving out a legit currency instead of their native one. The bounty industry would in that case either die out completely or you would only have a handful of legit bounties every year that will pay up. Combine that with requesting that the bounties escrow their funds and you have yourself a good deal.

But none of that will ever happen because the majority of bounty participants don't respect themselves and even less the industry. Nothing will change and more scams will happen.   

[dodgrad]

It is very simple! Don't take part in bounties that don't pay in Bitcoin, Ethereum or another listed coin. In some way the bounty hunters allow the scams to happen. You are satisfied getting paid in a currency that is not listed anywhere and likely never will be.

If more and more bounty hunters refused to take part in non-BTC/ETH paying campaigns those few campaigns that are legit would have no other option but to change their approach and start giving out a legit currency instead of their native one. The bounty industry would in that case either die out completely or you would only have a handful of legit bounties every year that will pay up. Combine that with requesting that the bounties escrow their funds and you have yourself a good deal.

But none of that will ever happen because the majority of bounty participants don't respect themselves and even less the industry. Nothing will change and more scams will happen.   

I have the impression that you do not know the bounty campaigns market well.. Unfortunately, but 99% bounty campaigns pay in tokens that will be distributed if the token sale succeeds. The difference between token payment and campaigns paid in established cryptocurrencies is that bounty in tokens has several times higher rates than campaigns paid in BTC, ETH or other altcoins. This is what attracts bounty hunters. Unfortunately, but many of them have not yet understood that the higher rates a bounty campaign offers, the more likely it is a scam.

[pealr12]

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 !

thats the hardest part being a bounty hunter after working for months and till the last day of the campaign you wont get any reward because the project went to scam.

[dodgrad]

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 !

thats the hardest part being a bounty hunter after working for months and till the last day of the campaign you wont get any reward because the project went to scam.

There are only two ways to reduce the risk of being scammed: Very deep analysis of the dev team and the project, or not joining a campaign that have no collateral or pays in BTC, ETH or other exchangable cryptocurrencies.

[terizla]

even many projects have reached softcap but still a scam, and this proves that they are not serious in working on projects.
Especially now that people's trust on ICO has dropped, so they will be difficult to reached softcap, and I think ico is dead, and replaced by IEO because they are team up with big exchanges.

Yes i agree. I see other project still running while not reached softcap. They return all money from investor and do other way to reach their softcap.

[Naficopa]

even many projects have reached softcap but still a scam, and this proves that they are not serious in working on projects.
Especially now that people's trust on ICO has dropped, so they will be difficult to reached softcap, and I think ico is dead, and replaced by IEO because they are team up with big exchanges.

Yes i agree. I see other project still running while not reached softcap. They return all money from investor and do other way to reach their softcap.

Could you give an example of such a situation in which developers did not achieve softcap, give money back to investors and continue project development?
I am asking because if developers are focused on project development regardless of the amount they accumulate, they simply do not specify a softcap.

/Sorry, for off-top

[target]

It is very simple! Don't take part in bounties that don't pay in Bitcoin, Ethereum or another listed coin. In some way the bounty hunters allow the scams to happen. You are satisfied getting paid in a currency that is not listed anywhere and likely never will be.

If more and more bounty hunters refused to take part in non-BTC/ETH paying campaigns those few campaigns that are legit would have no other option but to change their approach and start giving out a legit currency instead of their native one. The bounty industry would in that case either die out completely or you would only have a handful of legit bounties every year that will pay up. Combine that with requesting that the bounties escrow their funds and you have yourself a good deal.

But none of that will ever happen because the majority of bounty participants don't respect themselves and even less the industry. Nothing will change and more scams will happen.   

That is one best solution for them to take their project seriously because they are going to be losing money and not the worthless tokens they are going to distribute. Even if they send the allocated bounty tokens to an escrow or to the bounty manager, the tokens are still going to be worthless if they aren't listed it to the market.

Some of them are keeping the hope of the holders but they don't distribute the bounty while the tokens are already traded on horrible exchange. This could be because the market isn't yet improving but it doesn't make sense to list it in the first place or better yet don't ask funds instead.

[wildan88]

even many projects have reached softcap but still a scam, and this proves that they are not serious in working on projects.
Especially now that people's trust on ICO has dropped, so they will be difficult to reached softcap, and I think ico is dead, and replaced by IEO because they are team up with big exchanges.

Yes i agree. I see other project still running while not reached softcap. They return all money from investor and do other way to reach their softcap.

Could you give an example of such a situation in which developers did not achieve softcap, give money back to investors and continue project development?
I am asking because if developers are focused on project development regardless of the amount they accumulate, they simply do not specify a softcap.
/Sorry, for off-top

this was about 2 years ago, there was a project and they had reached the softcap, then they said they would focus on the development of the project. but in fact, they are a scam. I have got the tokens that until now cannot be cashed in. in my opinion, even though they focus on the project but lack of funds, it will be difficult. even they think to scam. if there are projects that return investors' funds it is extraordinary, because most of them become a scammer.

[Pmalek]

I have the impression that you do not know the bounty campaigns market well.. Unfortunately, but 99% bounty campaigns pay in tokens that will be distributed if the token sale succeeds.

You are right, I don't know much about it.

The difference between token payment and campaigns paid in established cryptocurrencies is that bounty in tokens has several times higher rates than campaigns paid in BTC, ETH or other altcoins. This is what attracts bounty hunters. Unfortunately, but many of them have not yet understood that the higher rates a bounty campaign offers, the more likely it is a scam.

On paper the rates seem higher but in reality that is not really the case. All those new ICOs that keep popping up are promising high rewards but only IF they make hardcap. They rarely do and as soon as the token gets listed on an exchange what do you get? An 80% drop in the value due to everyone selling and because people are selling it on DEX-es like ForkDelta.

That promise of $1 million bounty pool that these projects advertise soon turns into a $50.000 pool and you don't even get that because it gets lowered since the project didn't go as planned during the ICO.   

[royalfestus]

The forum itself stand against bounty scammers that's why you see DT members willing to support flag or tagged accomplice of this scam against humanity because that's what this scammers are doing. They use the hunters as slave and once they have achieved their goals via marketing and publicity, they refused to pay their employees (bounty participants).

We should focus more on encouraging affected users to expose this guys as they aren't exposing this scammers when they get scam. Not enough affected users are participating in accusation thread which just goes to show how less concerned about the issue they're. For affected users, you can always request for flag support or negative feedback related to Bounty & Bounty Manager scam on this thread and you'll get the support you need from me. I have been affected once and I know how it feels when you help a project get the publicity they desire but end up treating you badly (as a slave).

This will continue if we dont ensure that Bitcointalk forum is more involve in the campaign than the telegram. I dont know how this can work but have seen series of reaction from such projects on telegram, they dont just care. Sometimes they just close the bounty thread of the project with no prior information. They should bring an admin in the forum to moderate the announcement thread not bounty manager. The thread should be same as they post on the coingecko or CMC. This will get those altcoin more active in the forum and we might new investors and see some members some back in the forum

[KnightElite]

As a member of this forum, we have also liability for those people who got scammed by promoting and joining in.bounty campaigns that are not promising. We should only participate to bounty campaign that we can sure that it is promising where many people will become benefited.

[agentx44]

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.

Once you enter a certain project, it is already your responsibility if you are going to get scammed or not. If at first you carefully analyzed and observed the project to see its credibility, then you wouldn't fall into their trap. Though there are some expert scammers in the game, you should pay double caution whenever joining a project. It is really necessary to stand against them if ever you encounter one so that you can save other people's time and effort on joining a fraud project. Make a move, even the smallest one, cause it may impact massively on someone in need.

[DevilSlayer]

It is really hard to participate in bounty campaigns.nowadays, there are a lot of scam projects that keep promoting in the market. As a bounty hunters, we have financial obligations in promoting campaigns thats why we should only participate in projects that are promising.

[FireBallex]

Even those that manages to get listed on good exchanges still end up not paying bounty hunters for example Nestree project, qualified bounty hunters get tokens on spreadsheet but they tokens are not sent to wallets, some do get theirs but not everybody

[Naficopa]

even many projects have reached softcap but still a scam, and this proves that they are not serious in working on projects.
Especially now that people's trust on ICO has dropped, so they will be difficult to reached softcap, and I think ico is dead, and replaced by IEO because they are team up with big exchanges.

Yes i agree. I see other project still running while not reached softcap. They return all money from investor and do other way to reach their softcap.

Could you give an example of such a situation in which developers did not achieve softcap, give money back to investors and continue project development?
I am asking because if developers are focused on project development regardless of the amount they accumulate, they simply do not specify a softcap.
/Sorry, for off-top

this was about 2 years ago, there was a project and they had reached the softcap, then they said they would focus on the development of the project. but in fact, they are a scam. I have got the tokens that until now cannot be cashed in. in my opinion, even though they focus on the project but lack of funds, it will be difficult. even they think to scam. if there are projects that return investors' funds it is extraordinary, because most of them become a scammer.

If they collect the softcap and disappear, this is a classic scam.
I am asking about the situation in which the softcap was not collected but the project is still being developed.
In this situation, giving money back to investors is very rare and also show that developers are very focused on the success of the project and not only on raising funds. Unfortunately, but bounty hunters also do not receive a reward, but we can not call it a scam, but only failed ICO (as failed fundraising).