Projects Scamming Bounty Hunters

[mrdeposit]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

The best way to avoid this is to join the trusted bounties. Or join bounties of trusted BMs such as arteezy and bublex. Otherwise, you do not know what the result will be in the bounty of suspicious projects. Also, it may be possible to rectify this problem, but we do not know how the devs will react. A predetermined amount is taken from the project owners and can remain in escrow until the bounty ends. In this way, the projects work more smoothly to avoid losing the collateral.

[rijaljun]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

Huh?

Here how things exactly work.

Bounty hunters are hired to help spread awareness and build a hype over the space so it will attract investors to help projects to make money out of it. From this, which one got the most loss? Bounty hunters or investors? Think about it.

What is needed to discuss about is how to stop scam project from hiring bounty hunters to steal investors' money and not about to stop projects from scamming bounty hunters.

[shoreno]

huh?

Here how things exactly work.

Bounty hunters are hired to help spread awareness and build a hype over the space so it will attract investors to help projects to make money out of it. From this, which one got the most loss? Bounty hunters or investors? Think about it.

investors lost money they dont loss efort because they are only waiting for thier money to grow but bounty hunters are the ones that do the job however bounty hunters dont invest any money  .

What is needed to discuss about is how to stop scam project from hiring bounty hunters to steal investors' money and not about to stop projects from scamming bounty hunters.

the question is actually the same as what your trying to pinpoint here  . they are unstopable but its now easier to tell if the project is scam or not  .

[Coin_trader]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

Huh?

Here how things exactly work.

Bounty hunters are hired to help spread awareness and build a hype over the space so it will attract investors to help projects to make money out of it. From this, which one got the most loss? Bounty hunters or investors? Think about it.

What is needed to discuss about is how to stop scam project from hiring bounty hunters to steal investors' money and not about to stop projects from scamming bounty hunters.

It's just the samw in my own perspective. If you stop the project by scamming bounty hunters then you probably cut the project awareness to the public and only minimal will be scam. Some projects do scamming only bounty hunter by not paying them the right amount that was stated during bounty program while they continue the project and list on exchange which does not affect investors.

[Dalmar]

Bounty hunters should avoid dealing with the scammers and their connections. They have strong networking skills which is good for attracting the inexperienced bounty hunters. The bounty hunters have to make their own research and should write down the reasons why he wants to join the bounty campaign. If the project is going to be listed on big exchanges, I prefer to ignore this part of the research and join the bounty campaign.

[Lanatsa]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

Theres no way to stop this but completely those bounty hunters would stop on joining up these projects. Scammers using up these bounty
hunters to widespread up their shady project and in the end you wont receive anything from your hard work and time which is completely wasted.

Since crypto is anonymous then tracking those fake teams would be hard that's why its pointless if you do tend to fight such right.

[inanilujimi]

the way is quite simple stop working on the bounty that gives their token gifts.
do bounties that only pay you with BTC or ETH.
There is also a bounty that has been registered at CMC which is a project that is already running and traded on the exchange to avoid scams but obviously the results are definitely there although not too large.

[LouVandetta]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

I'll say this bluntly, it's hard to avoid this kinda scammy projects. At least you could do some preparation so, yeah, it could make it less scammy. Do your research first about the related projects that you're planning to join. A good result of your research doesn't always mean that it is a good project. As long there's participants who are willing to join, scammers always there and everywhere to take advantages of bounty hunters to promote their projects so they could scam investors. And the other thing is, try joining a bounty that pays weekly or something.

[TheUltraElite]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

Stop joining bounties. As simple as that.

Bounty campaigns run because the bounty hunters want them to run.

It is because of the false hope that this shitcoin is going to become the next bitcoin that makes the hunter join, but then just think about it, would so many piles of shitcoin really exist if they were all going to take over bitcoin? They are all lies and projects without any development. If you become an advisor then you pump and dump the project when you feel like. Whats good in that.

Bounty hunters are even less than that, they would never be able to voice their demand nor sell their token because it has zero value in the market.

[sayaya17]

To avoid scam projects, the first thing I see is the manager of the bounty project, if the manager is very trusted and the track record is good, I don't hesitate to join, for example, like Yahoo managers, we as bounty hunters already know what he looks like. But there are also good managers who can be fooled by a scam project. Even managers can get caught up, especially us. For that we also have to do our own analysis of the project, like the Team, we have to check one by one the team, and the other has been described by friends here.

[julerz12]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

Stop joining bounties. As simple as that.

Bounty campaigns run because the bounty hunters want them to run.

As harsh as that may sound, that is the bitter truth. Although not all bounty campaign ends up badly. It would take a lot of effort to find a legit one that would succeed and will not turn out to be a scam. I remember back in the old days when doing bounty campaigns is still profitable 'cause most projects succeed. Nowadays, you'll either end up holding a bunch of useless no-value tokens or be dragged to the bottom with the project you are promoting. Sure, we can suggest to OP and all bounty hunters do to hard assessments, make a thorough research about it but let's be honest here, most bounty hunters will not do that since it's so time-consuming. Most would jump in and join without any hesitation especially when promised with hefty rewards.

[DeathProxy]

As sad as this might sound there is little or nothing hunters can do, most times hunters work themselves out for more than three months and at the end of the waiting period some bounty managers extends the bounty or refuse to pay with the excuse of hunters dumping down the price of the token, the saving grace that hunters are to apply is to make a background check on the bounty managers track records of bounty he has handled,  do he successfully pays his hunters or not. Doing this wil help you know whether if at the end of bounty you will get your reward or not

[TheUltraElite]

As sad as this might sound there is little or nothing hunters can do,

They can. But they dont wish to. What they can do is spread the word to boycott all bounty campaigns and stop their friends from joining them too. Sadly few people are willing to take an initiative and it will fail because some hunters will not accept this cause.

most times hunters work themselves out for more than three months and at the end of the waiting period some bounty managers extends the bounty or refuse to pay with the excuse of hunters dumping down the price of the token, the saving grace that hunters are to apply is to make a background check on the bounty managers track records of bounty he has handled,  do he successfully pays his hunters or not. Doing this wil help you know whether if at the end of bounty you will get your reward or not

Background check does not determine outcome. It is still a gamble. It depends on whether the project can raise money and that nobody can say for sure that the hard cap would be reached. Also add that 99% of ICOs have been bullshit and worthless tokens, there will be no change in this market at least for several years from now. So they are a waste of time. Bounty hunters should participate more in what this forum is about and bitcoin than wasting time on shitcoins.

[cryptoaddictchie]

I know that is their fault being scammed. Ive joined campaigns that has been scam before and its inevitable to sometime fall for this. Even some Managers that is famous has been fooled as well but I'm not blaming them, I just want them as well to do a legit one and not just accept some projects because of payment.

I believe as member of this forum "They have this responsibility to do this for the sake of their own members here"

If I'll handle a project for a bounty, I'll make sure it is worth to be promoted and rewards will be given to those deserving. Of course part of it, is giving them a real legit one.

[milewilda]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

Stop joining bounties. As simple as that.

Bounty campaigns run because the bounty hunters want them to run.

It is because of the false hope that this shitcoin is going to become the next bitcoin that makes the hunter join, but then just think about it, would so many piles of shitcoin really exist if they were all going to take over bitcoin? They are all lies and projects without any development. If you become an advisor then you pump and dump the project when you feel like. Whats good in that.

Bounty hunters are even less than that, they would never be able to voice their demand nor sell their token because it has zero value in the market.

People should stop on joining these bounties but we know that getting rid of these projects would continue as long there would people who are willing
to promote that shit stuff. Majority would really be hoping for some possible good pays with their shit coin without even realizing that they are just basically
wasting up their effort and time on doing things which doesnt even considered to be paid up in the end of time.

[Casdinyard]

If there are joiners, they will never stop. They'll get free advertisement from you guys so if you can't find a reliable bounty, don't join random bounties.

Or better yet stop joining bounty, it's quite unreasonable but if you guys will stop joining then these scammers will also stop. While the 2 years are enough to wake up that doing bounty is just a waste of time and it wouldn't regain anything that had happened in 2016 and 2017.

However, I believe that the percentage of bounty hunters had lessen and only those new in crypto are just the one who are joining.

[The Cryptovator]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

Opps! You just wondering that ICO projects just scamming bounty hunters. Did you wonder that so many investors getting scam due to bounty hunters? They just start spread the word about a project before done their own diligence. In a result, so many scam ICO's even with fake team/plagiarized whitepaper raised fund and skipped eventually. You can stop it avoid shady projects. Don't jump to the campaign before research, spend sometime to realize the conditions. Check their concept and team how effective. You can't expect good return from bad projects by the way.

[enhu]

The idea that a project could be legit and get them a lot of money after the campaign is very lucrative to bounty hunters. Its not that bad to think they could earn but before joining they should evaluate the project first whether it could successfully launch and will be used by people on the internet. This isn't 2015 anymore where the ICO can generate a lot of funds because the team doing it are passionate and dedicated to what they are doing. Joining campaign of these projects is like contributing the scam. Examine the team and their projects properly.

[topbitcoin]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

Will be very hard to stop it, to make a lot of people not join that scam bounties will need a lot of things to do. Maybe if me, just start by ourself, let'd do research first before join in project, or maybe make investment when we think the project is really good. Maybe with that, a lot of bad project will dissapear only in time and then what just left is good projects.

[longyenthanh]

A lot of projects are scamming Bounty Hunters and taking Bounty hunters for a ride. What can we do to stop this?

Unfortunately, but you can not protect 100% against scam. In my opinion, there are only two things you can do to reduce the risk of being cheated:
1. Choose only campaigns run by trusted managers (they should verify the credibility of the project before cooperating with it).
2. You need to verify by yourself if the project is credible by checking the dev team, whitepaper, roadmap, etc.