Scam Projects and Bounty . Way forward??

[BitTraderCute]

That's obvious, but when the IEO trend is running, there are also many scammers who take advantage of it by creating several IEO projects that are eventually listed on bad exchanges like P2PB2B, it also indicates that the scammers never stop setting traps for everyone people in the crypto space.

fake developers or scammer  still in market till now on , moreover its more easy to create our own project. Only ask someone to create smartcontract in ethereum or bsc platform and we could held IDO  in several decentralized exchanges. Maybe if compare previous trend , today scammer will work easier to take our money so we have to really becarefull with every project now. Make sure we 've done screening and research to every project that will be our target.

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[Lexurdania]

Its been years from now but still there are many scam projects that exist this day. And i think its normal for people nowadays to scam people because of money. I have been in some bounty way back 2018-2019 and even invested some of my profits that i earned in 2017 but ended up losing my money because of the scam projects that i participated. It is better to have more knowledge it cryptocurrency investing before engaging in it.

money be main reason why they scamm us, with their skill actually they could join as developers in several project and build real thing. Not only investors but bounty hunter also be their victim , as bounty hunter we take alot time to work several task in campaign . all of this could be important and worthed experience for us so in future we could avoid the same thing .

[kak uli]

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?

In my opinion, this year not many projects have experienced scammers, but if we find such bad treatment of bounty project holders, we can also report them to the moderators for fraud cases that harm investors.

I don't know if you noticed but you replied to the post from 2019 ..
Back then, there were actually many more scams on the cryptocurrency market. Investors have learned to do good research and can distinguish scam much better, which is why it is not profitable for fraudsters to invest in the preparation of all the necessary documents, because there is a high risk that even this will not be returned to them.
When it comes to bounty campaigns, hunters have learned that it is better to join campaigns managed by experienced managers, as they also know how to distinguish scams.

I think this statement like you said is a method of choosing a project with a bounty, most of the bounty hunters in this forum are really happy to follow a project managed by an experienced manager. because there are not many frauds when managed by great managers.

[wmaurik]

I think this statement like you said is a method of choosing a project with a bounty, most of the bounty hunters in this forum are really happy to follow a project managed by an experienced manager. because there are not many frauds when managed by great managers.

It's not a lot of fraud, but managers who are experienced in managing bounty campaigns have checked it first and also have direct communication with the team before posting bounty campaigns on this forum, that's why experienced managers often find good projects so it doesn't make the bounty campaign participants were deceived.

[Theones]

There's nothing we can do, if I speak as a bounty hunter. but if I speak as an investor, of course I will be more careful in choosing a new project as an investment vehicle that I will do.. because we all know that investing in cryptocurrencies a high risk, especially for new projects.

After all, investors and bounty hunters have access to the same information, so they can do the same research. The truth is bounty hunters are lazy to check out anything about the project. It happens very often that they do not even read the rules of campaign correctly. They do the task incorrectly and then complain that they are not getting the reward. Of course scam project is a problem, but most of them are quickly spotted. Even when other users reveal the scam, bounty hunters continue to promote them. The situation will change when bounty hunters will stop being lazy and start doing better research.

[calya]

There's nothing we can do, if I speak as a bounty hunter. but if I speak as an investor, of course I will be more careful in choosing a new project as an investment vehicle that I will do.. because we all know that investing in cryptocurrencies a high risk, especially for new projects.

as bounty hunter we also thinking as investors too, we are spent alot time and energy doing all task from campaign manager, and when it be scamm project its really harmed us alot. although we know not all project will  getting success but atleast we research it first to avoid this accident.

they cannot be resisted as they will keep coming but we can avoid them by doing research before joining and investing. I don't think there is any other way to expose their lies other than doing research

this is be they key what will get when working in bounty campaign. research and don't only joining but at the end we complaning meanwhile actually we take part in our mistakes.

[Theones]

they cannot be resisted as they will keep coming but we can avoid them by doing research before joining and investing. I don't think there is any other way to expose their lies other than doing research

We need to know that it's not easy to do good research and bounty hunters don't need to know how to do it. A good way not to join scam campaigns is to participate in those managed by well-known and experienced bounty managers. A good bounty manager will not destroy his opinion and will only choose legit projects. By joining his campaigns only, we can greatly reduce the risk of being scammed. But of course own research should be the most important.

[Luqman]

they cannot be resisted as they will keep coming but we can avoid them by doing research before joining and investing.

Of course, we can fight them, but they won't disappear. One of the ways to fight with them is to be more careful in analyzing a crypto project before we decide to invest. In this way, we can avoid joining a scam project. I think analyzing carefully is one of the ways to fight scam projects because the scam projects cannot steal people's money if we all together are more careful. 

[raes]

they cannot be resisted as they will keep coming but we can avoid them by doing research before joining and investing.

Of course, we can fight them, but they won't disappear. One of the ways to fight with them is to be more careful in analyzing a crypto project before we decide to invest. In this way, we can avoid joining a scam project. I think analyzing carefully is one of the ways to fight scam projects because the scam projects cannot steal people's money if we all together are more careful. 

basically, we have to improve our skills in doing project analysis. for investors, there may be a choice of established projects in the market. The most at risk of being deceived from the start are the bounty hunter. choosing the wrong project will obviously make their work in vain. what's more, people can be fooled by the projects we support.
let's improve our quality together to choose the projects we really deserve to support.

[Mkmanik]

You can do nothing without avoiding them. If you are a bounty hunter, You need to research the project if you don't want to waste your valuable time and work. I have seen a lot of newbie people do it, Blindly they work for any kind of project. They don't want to check for whom they are wasting time. Before joining any bounty, If bounty hunters follow some easy steps they can out of scam project. But it's very hard to find out which one project are scam/legit

Also, for investors, it's very hard to find out legit project. So why are most of the people now joining IEO(Initial exchange offering). There is no chance to be a scam(if you join a top-level exchange IEO). Without IEO, Joining any ICO is very risky. Nowadays most ICOs are scams, only a few of them are legit. But to find a legit ICO we need to do hard work. I am far away from ICO, Just tried to join some IEO but it's also very hard nowadays. You need to hold a good amount of exchange coins for this. For Binance it is very hard. As alternative I am a fan of KUCOIN now.

[nomenclatur]

they cannot be resisted as they will keep coming but we can avoid them by doing research before joining and investing. I don't think there is any other way to expose their lies other than doing research

almost some bounty projects are scams and it has been happening continuously, making bounty hunters choose to join the famous bounty manager, it will definitely pay them to make sure they are also more careful to get the appropriate rewards for what they are doing, there are many successful projects but they don't want to pay these bounty hunters is very detrimental because there is not the slightest payment is clearly very detrimental.

[armanhusni]

they cannot be resisted as they will keep coming but we can avoid them by doing research before joining and investing. I don't think there is any other way to expose their lies other than doing research

almost some bounty projects are scams and it has been happening continuously, making bounty hunters choose to join the famous bounty manager, it will definitely pay them to make sure they are also more careful to get the appropriate rewards for what they are doing, there are many successful projects but they don't want to pay these bounty hunters is very detrimental because there is not the slightest payment is clearly very detrimental.

choose a manager who is more experienced and honest in carrying out his duties now more and more participants are following him and there are even participants who are faithfully waiting for the release of the project they manage. now there are not many managers like that, at least there are only a few people.

[cunguks]

they cannot be resisted as they will keep coming but we can avoid them by doing research before joining and investing. I don't think there is any other way to expose their lies other than doing research

almost some bounty projects are scams and it has been happening continuously, making bounty hunters choose to join the famous bounty manager, it will definitely pay them to make sure they are also more careful to get the appropriate rewards for what they are doing, there are many successful projects but they don't want to pay these bounty hunters is very detrimental because there is not the slightest payment is clearly very detrimental.

choose a manager who is more experienced and honest in carrying out his duties now more and more participants are following him and there are even participants who are faithfully waiting for the release of the project they manage. now there are not many managers like that, at least there are only a few people.

That's right, not many are really honest. but I'm sure some are still active on the forums now. and having the support of a lot of bounty hunters is that they are good bounty managers.
Seeing what happened to Small Rabbit's bounty manager, it's a shame his attitude after he was caught stealing money for bounty hunters by claiming that the project was a scam. this is so bad. he even claims he has several more accounts holding campaigns. this is really bad.

[cheezcarls]

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 have decided to stop doing bounty work for a long while and temporarily unfollowed and leave bounty-related Telegram groups. I just realized that this is not the bounty that we used to experience way back 2017. However, I am still grateful for bounty programs that I have joined in the past that saved me from financial disaster.

No disrespect, but our time and effort are totally wasted because of unpromising rewards. So yeah, I am putting bounty on the shelf until further notice.

Right now I am in good hands, doing steady work with a couple of companies and also earning extra in play-to-earn blockchain NFT games and sponsored videos on my Youtube channel.

[Theones]

It's a pity, but nothing can be done about this problem, sometimes even experienced and famous bounty managers cannot give a 100% guarantee that everything will go as it should, in this industry no one can guarantee you anything. You should always evaluate all your risks.

I fully agree with you. If scammers are very well organized and have put the right amount of money into the preparation of documents and data, then no one can predict their intentions.
We must be aware that every investment (investment of our time also) involves risk. However, we can reduce this risk by joining only campaigns conducted by experienced bounty managers and through additional research that we will do ourselves. It's the only way.

[odukoyaewatomi27]

Scamming bounty hunters has been happening in the cryptocurrency market for a while and it keeps happening over and over again. Projects teams have always seen hunters as a cheap form of advertising their projects and bounty managers have a big role to play in stopping the scams because they need to be signing legal agreements with projects and also escrow bounty rewards

[Theones]

The only way to pervent this is to pervent newbie bounty managers that didnt care about the participants money...all bounties on this forum must be managed by veteran managers that have even the ability to hold the rewards and insure hunters money.

Unfortunately, when it comes to securing rewards, it happens in campaigns paid in BTC, bounty projects do not want to give their tokens in escrow. Even if it were, it also does not give us 100% certainty - I mean here the last situation with the Small Rabbit who stole $25k of rewards. Of course, all of this helps to reduce risk, but we'll never really be 100% safe from being scammed.

[rozak]

The only way to pervent this is to pervent newbie bounty managers that didnt care about the participants money...all bounties on this forum must be managed by veteran managers that have even the ability to hold the rewards and insure hunters money.

Unfortunately, when it comes to securing rewards, it happens in campaigns paid in BTC, bounty projects do not want to give their tokens in escrow. Even if it were, it also does not give us 100% certainty - I mean here the last situation with the Small Rabbit who stole $25k of rewards. Of course, all of this helps to reduce risk, but we'll never really be 100% safe from being scammed.

that's right, even escrow with manager bounty can sometimes be stolen by the manager too. as in the case mentioned. in fact, it makes the image of the forum to be bad.
there are many best managers on the forum. we can follow it to reduce our risk of being scammed. rather than joining an unclear project by handling the bounty campaign carried out by the team itself.

[Luqman]

basically, we have to improve our skills in doing project analysis. for investors, there may be a choice of established projects in the market.

Improving the skills to analyze a crypto project should be done together with more experience in joining more projects. I mean those people who continue to join more and more crypto projects, must improve their skills in analysis automatically. However, there should be the possibility to join a scam project because scammers also improve their skills to scam people. I am sure they will make a scam project to be almost the same as the real one.

[armanhusni]

they cannot be resisted as they will keep coming but we can avoid them by doing research before joining and investing. I don't think there is any other way to expose their lies other than doing research

almost some bounty projects are scams and it has been happening continuously, making bounty hunters choose to join the famous bounty manager, it will definitely pay them to make sure they are also more careful to get the appropriate rewards for what they are doing, there are many successful projects but they don't want to pay these bounty hunters is very detrimental because there is not the slightest payment is clearly very detrimental.

choose a manager who is more experienced and honest in carrying out his duties now more and more participants are following him and there are even participants who are faithfully waiting for the release of the project they manage. now there are not many managers like that, at least there are only a few people.

That's right, not many are really honest. but I'm sure some are still active on the forums now. and having the support of a lot of bounty hunters is that they are good bounty managers.
Seeing what happened to Small Rabbit's bounty manager, it's a shame his attitude after he was caught stealing money for bounty hunters by claiming that the project was a scam. this is so bad. he even claims he has several more accounts holding campaigns. this is really bad.

Basically, the manager of Small Rabbit is an honest person, but because he saw the big results in front of his eyes, he had to sacrifice the bounty participants.
Small Rabbit's manager he worked unprofessionally and he was one of those managers who dared to destroy his reputation.