Scam Projects and Bounty . Way forward??

[blueteam09]

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

each year, and as always in life, there're a lot of people that don't want to work but still want the money to spend, there's no way easier than scam others.
it's a fact that we have to accept, we just can make ourselve be smarter and try not to be scammed.
it's just easier to scam in crypto market that's why we see that alot

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[htsy585]

Bounty hunters are smarter, pay close attention to scam projects where there are very few hunters involved because they know they will not be rewarded. Hunters were smarter in selecting the project they would be involved in. Hunters now have better vision than hunters in previous years.

I have a friend that hardly does a scam project campaigns because of his meticulous research methodology. Most times I employ his methods and it has not failed me. 60 percent of the time I spend on cryptocurrency now is on blog sites reading and improving my knowledge of cryptocurrency. Currently, my materials on trading is ready and I will start it by early 2020

[oscarftw]

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

Several types of scam projects still exists in the cryptocurrency.
After success
Don't pay any rewards
Change allocation
New rules or strong KYC process
Limited time KYC process
Don't distribute as legit process (VIDY)
Before distribution price dump by release supply

[rutherford]

We don't know the difference between ICO scams or not, the problem is that some ICOs that are considered good in terms of the web, team profiles, and partners can become scams. I have participated in several ICOs such as Gigtricks and Kepler, in my opinion in terms of the team and their profile is very good and registered but until now the ICO has no news. I don't think we should trust ICO 100%, but we have to be there to find a good ICO. Maybe the way we should do is share information about ICO, and make an article about the ICO scam project so that no one is a victim of fraud.

[retnoanjani]

Several types of scam projects still exists in the cryptocurrency.
After success
Don't pay any rewards
Change allocation
New rules or strong KYC process
Limited time KYC process
Don't distribute as legit process (VIDY)
Before distribution price dump by release supply

That's the drama that often happens lately. Fraudsters always create scenarios full of deception. So that I am more selective in joining bounties. And prepare mentally and patience if stuck in the drama. Well, that is the reality, even so there are still many legitimate projects. Moreover, they have the right to change the rules without regard to the welfare of the bounty hunter. We can only accept it as a risk, right?
As for investment, I am more interested in joining IEO in a trusted exchange with a good reputation. That makes it easier for us to do the analysis because they will only accept projects that are truly quality.

[lepbagong]

We don't know the difference between ICO scams or not, the problem is that some ICOs that are considered good in terms of the web, team profiles, and partners can become scams. I have participated in several ICOs such as Gigtricks and Kepler, in my opinion in terms of the team and their profile is very good and registered but until now the ICO has no news. I don't think we should trust ICO 100%, but we have to be there to find a good ICO. Maybe the way we should do is share information about ICO, and make an article about the ICO scam project so that no one is a victim of fraud.

What you are saying is the truth at this time, it is very difficult to determine again that a good project can be a scam and maybe the opposite is even good. all methods have been done and many have issued notices about scam projects. but again, it cannot hold back the deception.
is it okay if there is a discourse if you want to promote a project in BTT, you must bounty manager with a minimum account of senior members and above. so there is a sense of their responsibility when promoting the project if there is fraud there is a sense of shame, at least they will accept the right quality projects.

[aioc]

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

We are decentralized and we have no governing authorities for this, but these scammers and abusive projects are being reported, we need to educate ourselves, we have a stake in the community, so it is our responsibility to educate ourselves and fight these scammers who keeps victimizing investors.

[culuuton]

There have been too many number of scam projects but no effective measures so far. Identifying a reliable project from the beginning is necessary but it is very difficult. We can only rely on self-evaluation and a little luck.

[crossabdd]

What to do.? for investors to be careful in choosing crypto projects. do a more detailed analysis, including a legal regulation. because if they cheat, investors can report to the police. for bounty hunters. can only choose projects and do analysis too. but you can't report that. maybe because there is no loss of money used. hunters can only ask without any major action. because the final action is to forget about projects that don't pay, and start hunting new, better projects.

[anjiitem]

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

I think for the time being there is no way to detect a scam project. Indeed, the existence of the scam project makes us experience losses and failures in investing or when we participate as a bounty hunter, but from this we will have new experience and knowledge about how we will choose projects by comparing with the scam projects we have ever gotten so we don't repeat it again.

[Doranile432]

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

Its a tough time for bounty hunters for sure and its hunters choice if they want to quit or keep trying, as for me i understand what is going on in crypto space perfectly so i never expected too much from bounties but at the same time i never for once think of giving up because things won't remain the same forever

[OasisDre]

Bounty hunters are smarter, pay close attention to scam projects where there are very few hunters involved because they know they will not be rewarded. Hunters were smarter in selecting the project they would be involved in. Hunters now have better vision than hunters in previous years.

This is not the definition of been smart on my own table, few projects that got neglected by bounty hunters can come out with flying colors, same thing happened to Gowithmi bounty campaign

[karanggatak]

anonymous and decentralized cryptocurrency is very easy to use to cheat. and this is a risk we must face when entering crypto investments. because crypto is decentralized there are no institutions that can select crypto projects. so I think we can only rely on ourselves to avoid scam projects. so we must always do the research seriously before joining and investing in ICO projects. and don't be easily influenced by the distribution of large tokens. it's just their strategy to dance investors and bounty hunters.

[Pamadar]

anonymous and decentralized cryptocurrency is very easy to use to cheat. and this is a risk we must face when entering crypto investments. because crypto is decentralized there are no institutions that can select crypto projects. so I think we can only rely on ourselves to avoid scam projects. so we must always do the research seriously before joining and investing in ICO projects. and don't be easily influenced by the distribution of large tokens. it's just their strategy to dance investors and bounty hunters.

It's your own instinct that will lead you to successful investment, there's no certain reliable sources aside from your own research and studies. Many people who engaged to this business learned it from the hard way, thinking that it's an easy access to richness and assume that everything will be easy to follow. There's always a good way to understand this venue the best part is you always have a lots of ways to find educational tools if you are really keen to learn.

[tiang_tower]

This is not the definition of been smart on my own table, few projects that got neglected by bounty hunters can come out with flying colors, same thing happened to Gowithmi bounty campaign

Yes, the Gowithmi project that made the Gmat token was extraordinary, even the Gmat token was listed on three exchanges at the moment, although the price was still cheap, but the Gowithmi project was successful when selling, so it was very different from the new projects that were born lately.

[DDante]

There is no way to move forward now except you belief that things will change soon, i keep promoting new bounties because few projects still manages to be successful this year, who knows i might get lucky too

[TheClownSong]

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

I think for the time being there is no way to detect a scam project. Indeed, the existence of the scam project makes us experience losses and failures in investing or when we participate as a bounty hunter, but from this we will have new experience and knowledge about how we will choose projects by comparing with the scam projects we have ever gotten so we don't repeat it again.

Agree, it is difficult to detect a new project as a scam because a scam project sometimes makes the project look legit. I think there are many hunters who are deceived even by members who are old and I think the bounty campaign needs escrow so that the hunter is still paid even though the project has no road certainty or failure.

[p3ppymon]

Even if you are thorough with your researches, you might bump into a scam project and waste your time with it without getting any reward.
If you want to be slightly safer, just choose a bounty which pays BTC or any exchangeable currency instead of waiting for a payment in their native currency, which would be a bag of trash!

[Innocant]

So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

Well if we think the project are not worth to invest or to participate in bounty campaign maybe we should avoid on it in a first time so that's  why we cannot regret will not to pay from the bounty we participate. Actually it is our fault also on why we join a bounty, Even me since in 2018 some bounties that Im participate was almost scam not totally pay me fro my work promoting the project.

[cotton ball]

Some time have good project listing with big market like bittrex and binance but got scam by bounty campaign manager delay for distributing, I found with harmony bounty campaign where success listed with big exchange market but why bounty campaign manager delay for distributing, maybe he want take moment for selling bounty coin reward first and distributed after coin have lower price.