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Author Topic: How to choose the right bounty for Newbie? Get rid of fake/scam project  (Read 568 times)
Cryptolico27 (OP)
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February 12, 2020, 04:05:55 PM
 #1

Good Day Everyone......

Upon reading on various topic these past few days and referring to my friends advise to choose the correct bounty, i'm a little bit confuse on how can we identify they correct bounty campaign to join with? Are there any series of steps to identify if the project is fake or not? Do we have a checklist on how we can confirm if the project is going to be a fraud?

As a newbie like us, what can you recommend for us to get rid of those project since a lot of project begins to collapse since BTC is souring high again?

All you thoughts will be beneficial to us.

Regards.

Cryptolico27
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cytpoway121
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February 12, 2020, 08:44:41 PM
 #2

One truth about crypto currency is that you cannot predict precisely when there will be ups and downs.

So when it comes to bounty hunting, theres one way to find out.

You have to dyor, get details about the token, find out if their product interests you and has the probability to create hype.
Check the bounty terms if it is favorable, if there will be a cap for participants,

Check the supply allocated to bounty, and then explore the bounty segments to earn more.

But remember, first and foremost is to DYOR.
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February 12, 2020, 10:27:46 PM
 #3

It's becoming difficult to determine good and bad projects. A good start might be checking the people working for that project and if you are familiar with them having a good history for their background, decide to join.

But if the other way around, skip them. There's a factor that others are applying and that is looking into the bounty manager if he's trustworthy and does have a history of successful bounties.

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February 12, 2020, 11:18:00 PM
 #4

I saw that your account was created just 1 day ago. I think you should focus on posting first and read some of the rules in this forum. For now it's very difficult to get a bounty that pays, but my suggestion to join all bounty campaigns doesn't hurt. maybe there will be some who pay.

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February 12, 2020, 11:49:06 PM
 #5

As a newbie like us, what can you recommend for us
Just do these, bro:
1. Focus to learn necessary things about crypto, blockchain, bitcoin, and forum.
2. Grow your bitcointalk account till Senior Member.
3. Forget to join bounties paid on altcoins via social media campaigns. (most of them don't worth anymore, just waste time)
4. Be active on your local board.
5. Learn how people can gain merits and be useful members.
6. Then, just try to join the campaigns paid in BTC or top altcoins.

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February 13, 2020, 01:35:31 AM
 #6

Good Day Everyone......

Upon reading on various topic these past few days and referring to my friends advise to choose the correct bounty, i'm a little bit confuse on how can we identify they correct bounty campaign to join with? Are there any series of steps to identify if the project is fake or not? Do we have a checklist on how we can confirm if the project is going to be a fraud?

As a newbie like us, what can you recommend for us to get rid of those project since a lot of project begins to collapse since BTC is souring high again?

All you thoughts will be beneficial to us.

Regards.

Cryptolico27
Review every project you want to participate if you want to join a good one.
Check the team and feedback of the project by investors.
Check the roadmap map of the project its better if they have already working product .
Review background every team members past experience and think if they are qualified to make what they are promising to do.
Community every good project has strong community if they dont have it,expect that the project will failed.

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February 13, 2020, 03:04:56 AM
 #7


What you need to do to put the fundamental of the coin itself at the top of everything before you wanna start to choose the right bounty. The fundamental of the coin should be whether it has already listed on the exchange site or not, the team who were running the project, how big supporters that already joined the project.
I wanna tell you some past bounties that already paid the hunters (ended last month)
1. tachyon
2. OGN

those two projects just an example about when you are doing a correct analysis of the fundamental of the project and you can get the right bounty. As some people said about that before and just DYOR.
You can also join in the bounty telegram group to learn more about that.

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February 13, 2020, 04:44:29 AM
 #8

Its so annoying how a newly created account that ask directly some question regarding bounty. I think better yet focus first on how to mingle and join discussion here rather than asking this forever question regarding which campaign or advise on how to spot a good bounty.

It's becoming difficult to determine good and bad projects.
Not really good campaigns are always there and its just a matter of effort on how you are going to do research if they have a value later on. Bad projects can also easily spot if your familiar with some technical aspect such as smart contract, github code and some evidence that they are just luring some newbies on the hook.




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February 13, 2020, 04:54:23 AM
 #9

Good Day Everyone......

Upon reading on various topic these past few days and referring to my friends advise to choose the correct bounty, i'm a little bit confuse on how can we identify they correct bounty campaign to join with? Are there any series of steps to identify if the project is fake or not? Do we have a checklist on how we can confirm if the project is going to be a fraud?

As a newbie like us, what can you recommend for us to get rid of those project since a lot of project begins to collapse since BTC is souring high again?

All you thoughts will be beneficial to us.

Regards.

Cryptolico27
There is no checking lists for identifying fake projects, the truth is knowing how to identify scam or fake project is. gradual  process, if you are a newbie to crypto space it can't be  avoided, find out about the team why going to their YouTube link, if they are real you will see them in video and do visit scam accusation thread too, sometimes its life saving

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February 13, 2020, 05:15:53 AM
 #10

Good Day Everyone......

Upon reading on various topic these past few days and referring to my friends advise to choose the correct bounty, i'm a little bit confuse on how can we identify they correct bounty campaign to join with? Are there any series of steps to identify if the project is fake or not? Do we have a checklist on how we can confirm if the project is going to be a fraud?

As a newbie like us, what can you recommend for us to get rid of those project since a lot of project begins to collapse since BTC is souring high again?

All you thoughts will be beneficial to us.

Regards.

Cryptolico27

It has become hard to determine whether a project is a scam or legit now days. There is also another issue of investors not investing in a project.

I generally check whether the project is product ready and is the project creating product that is for the crypto markets, unfortunately there are very less projects related to the crypto market.

I only participate is signature bounty as all the rest pay very less.

Bounty market is very saturated now days, my recommendation to you is to first build merits and then apply for gambling signature bounty. Remember you have to be a Member first in order to apply.

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February 13, 2020, 05:17:51 AM
 #11

Good Day Everyone......

Upon reading on various topic these past few days and referring to my friends advise to choose the correct bounty, i'm a little bit confuse on how can we identify they correct bounty campaign to join with? Are there any series of steps to identify if the project is fake or not? Do we have a checklist on how we can confirm if the project is going to be a fraud?

As a newbie like us, what can you recommend for us to get rid of those project since a lot of project begins to collapse since BTC is souring high again?

All you thoughts will be beneficial to us.

Regards.

Cryptolico27

There is no 100% prediction in order to identify the right project as researching about the project will only give you a better chance in avoiding those shit project but will not fully guarantee you to avoid those scammers.

What we can give are the only basis. You can start by looking to their project whether it has a big chance to dominate the market then you can look for the team behind the project whether they are genuine and they can compete in marketing their project.

Aside from that, you can also check whether that project has a big capital or they have partnered with big companies out there.

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February 13, 2020, 07:54:31 AM
 #12

If you’re looking for a bounty that will pay you well, then you should consider the ones with less participants, because the lesser the participants the more it’s going to pay. But before that, and as you have said, you need to find the right ICO that’s not being run by scammers. The first thing you will have to do is take time and read everything about the project, you don’t just join any project you see without taking to see whether it’s promising or not.

Another thing you should look at which is very important is the team and whether they can deliver what they have promised. Knowing the team is very important, because that’s how you can tell whether you should trust them or not. Then check their telegram group and white-listed investors, and the list goes on. After you have confirmed the quality of the bounty you can then go back to what I have said at first on how much it’s going to pay.
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February 13, 2020, 09:05:11 AM
 #13

I saw that your account was created just 1 day ago. I think you should focus on posting first and read some of the rules in this forum. For now it's very difficult to get a bounty that pays, but my suggestion to join all bounty campaigns doesn't hurt. maybe there will be some who pay.
But we couldn't really do it and besides that would be a lot of work and effort.
I think OP is trying to find a way to lessen our time and effort to find only the paying campaigns.
But I guess it is really hard to do right now.

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February 13, 2020, 09:30:02 AM
 #14

Now I think you don’t even need to choose projects. there are so few of them now that only 1 out of 50 will be a normal project, but even it does not guarantee that you can earn some money. The easiest way is to participate only in those bounties whose coins are already being traded on exchanges.


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February 13, 2020, 12:37:36 PM
 #15

There is no way for you to avoid scam projects. It is now very difficult for us to know which projects are scam and which ones are legit. As long as you work hard, you will surely find the best campaigns in this market
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February 13, 2020, 02:07:06 PM
 #16

It has no guarantee for every bounty campaign in the forum "except those directly paid by any liquid cryptocurrency such as BTC, ETH. because we all know that every project was just relying on the outcome of its ICO, IEO, etc if those fundraising methods won't work I'm sure those bounty campaigns was also a failure, thats why promoting bounty campaigns is like a gamble for everybody and no one can say accurately in advance. But it's better to do some verification/research about the project that we want to promote, especially the composition of the team and its whitepaper.
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February 13, 2020, 04:10:07 PM
 #17

There is no way for you to avoid scam projects. It is now very difficult for us to know which projects are scam and which ones are legit. As long as you work hard, you will surely find the best campaigns in this market
It's because scam projects will convince you that they are trustworthy and if you don't have enough understanding that it was their approach to take advantage of you then you will surely fall for it. Finding the project that will help you earn profit takes some time and effort, doing your own research is always suggested because it will help you determine which project is worth it and profitable. It's definitely worth of time because you will get to see various of information about that specific project. It will guide you on making the right decision especially nowadays that scammers can easily find another way to deceive you when someone busted their system.

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February 13, 2020, 06:21:31 PM
 #18

I might be biased as someone who has spent thousands of hours of time developing unique projects, but I think the uniqueness of a project showing how much time must have been involved to create it goes a long way to weeding out scams. A lot of scams start out as legit projects but then people involved become corrupt over time. A web of trust system with peer review is my outlook on a good way to resolve this. There are maybe five innovative cryptocurrencies out there for example. Of course this is only one factor of many factors to consider.
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February 13, 2020, 06:27:58 PM
 #19


Well if there is nothing that will stop a team from scamming since they can act like they are totally legit with all their profiles, even have videos of them on youtube then its likely to just follow your intuition.

Looking however to the website, the project's concept, team profiles will give you the idea whether they can be a scam or not.

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February 13, 2020, 06:34:36 PM
 #20

Now I think you don’t even need to choose projects. there are so few of them now that only 1 out of 50 will be a normal project, but even it does not guarantee that you can earn some money. The easiest way is to participate only in those bounties whose coins are already being traded on exchanges.

That's not a bad idea, I also agree to take part in real campaigns like tokens already listed on the exchange. but the problem is that there are rarely such projects, sometimes on the contrary the project is successful, tokens have a high selling price, but their team does not pay participants. now it's quite difficult to find projects that really pay and produce reward hunters.

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