How to choose the right bounty for Newbie? Get rid of fake/scam project

[mdzahed134]

It’s seems so difficult to find out any project authenticity because of there are a lot of fraud around us to steal investors worth assets. Newbies are more to fall into this trap for their lack of analyze about new ico projects even though scammer mainly targeted those guys. Now a few bounties is listed exchanges you can referred those projects than will be beneficial.           

[1715674586]

1715674586

[1715674586]

1715674586

[imstillthebest]

why the heck would they collapse when btc is gaining high when the truth is that pump of btc attracts people to invest on cryptos ( incl . ico . , alts , eios , etc ) not just btc alone  .   there are steps to do for joining a good bounty but those steps arent perfect to join a paying bounty because if you look around you , many people are still claiming that the project that they join didnt go well   .  for the basic steps , that would be researching  . reasearching includes all  anyway .

[peter0425]

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

Technically? First check the team if they are really existing or dummy or clone,second the whitepaper and site they must be legit and not copy paste or plagiarize, the site must be functional and not made by grade school.

And of course also one special part is the manager must be handling the tokens as escrow and prominent manager and escrow here not those scam manager or not reputed.

Or better be?stop joining bounty they are mostly scams..

[Williams_Leo]

No one can safe newbies from bounty mistakes, I wasted a whole year trying to figure out what makes a project better than the other, I never knew anything or had a teacher who is ready to show me the way but after couples of mistakes my eye gets more opened and now my research is enough for me

Indeed, it is very difficult for us to be able to distinguish between good projects and fraud projects because both are very well designed and fraud projects also look very perfect like real projects, I think you should ask for recommendations from forum members who are more senior and experienced in bounties and of course it is better to joining a bounty project that is handled by a trusted and experienced manager, so that the project may not be a scam because the manager certainly will not risk positive trust just to handle a scam project.

Although members who have a high level of expertise in bounty selection in this forum can give us some reasonable advice, combined with selecting potential and reputable managers, it may limit the number of times we choose fraudulent projects but the improvement is still quite low because the quality of the projects has diminished, even for professionals, they still feel scared when participating in a project they value well. Perhaps we should still rely on luck to participate in bounty, luck right now is a very important thing in bounty.

[TrevorS]

It’s seems so difficult to find out any project authenticity because of there are a lot of fraud around us to steal investors worth assets. Newbies are more to fall into this trap for their lack of analyze about new ico projects even though scammer mainly targeted those guys. Now a few bounties is listed exchanges you can referred those projects than will be beneficial.           

It is for this that there is a forum to guide and indicate the right path for beginners. However, unfortunately, even experienced users do not always have the ability to choose the right coins and projects using really working analysis tools. Unfortunately, even the most experienced users on this forum sometimes make mistakes and fall into rather dubious projects. Because, as we all know, scammers and scammers tend to improve their abilities and methods of fraud.

[AdoboCandies]

Based on my experience find a bounty or a project that has a good management, hard working developers, good idea and a on point roadmap, and feasible softcap and hardcap. There are some projects that the developers are worthless they just leave the token as it is no working progress and the token will just die just like that. and pick a project that has a reachable softcap because if they didn't reach the softcap the project might fail or swap into a new token and redo the bounty again in the future.

[MWesterweele]

Based on my experience find a bounty or a project that has a good management, hard working developers, good idea and a on point roadmap, and feasible softcap and hardcap. There are some projects that the developers are worthless they just leave the token as it is no working progress and the token will just die just like that. and pick a project that has a reachable softcap because if they didn't reach the softcap the project might fail or swap into a new token and redo the bounty again in the future.

All of us are start from being newbie and before we get what we are now we experience a lot of fake project we encounter. So to those begginers they should have idea how it work before entering to a bounty project. First thing to do is know how to check the projectbof is legit or fraud. Read some Article and opinion of other people who give the tips on how to choose project befoe joining to it. Also i suggest to begginers to start from bounty project so your level will up because the higher the level the more profit to earn.

[reallester]

Unlike in the past when it was very simple to review and identify which project is fake or real, it has become almost difficult to  find out which project is fake or real. The crypto space is unpredictable where anything can happen.  Where even the tagged fake bounties become real in the end. I do say that bounty is a risk. Rrisk your time and resources for any project you can.

[Kotone]

It’s seems so difficult to find out any project authenticity because of there are a lot of fraud around us to steal investors worth assets.

That's what OP asking then if you cant suggest one or at least give him any recommendation then your comment is good as nothing.

Bounty isnt an easy task and all of the things must consider on picking up your choice is the team legality. Always seek their presence on social medium such as telegram, this will ensure the intact or contact of teambet into thr community. Once this intact has been gone to a big commuity then their project ia likely a scam one. People wanted an interaction and team must be supportive to it.

[Wysi]

It's really difficult nowadays in order to differentiate good and bad projects are there are various factors like some good projects have failed in the past wherein bad project has been able to make it to the the exchanges caufing a huge loss to investors, then comes the scan projects with poor marketing, site which can be easily identified by looking at their development team as they crop image and use it with different names, also go through the white paper.

[ned.ryerson]

follow a very simple way to choose a bounty. open the project - if there is no team specified then skip this project. if you opened a project and team members are listed there, open their social networks. if you do not like them - skip the project. these are the very first steps to choose a bounty campaign

[XCANA]

I will be open to you. Project of this days aren't the same like before, they have different ways to get the gullible fall for their intended scam project. What I can assure is that, you must do a thorough investigation before chose the type of project you want to make investment with. In this industry, many have been scammed even when they carried out their own research into the project, so, whenever you want to invest into any project, ensure to invest what you can afford to loose in the process.

[terizla]

Its difficult to find the right bounty for Newbie.
Better you need to rank up your rank first.
Because most of good bounty didn't accept newbie to join in their campaign.

[forexandcryptoauditor]

To participate in legit bounties, it's good if we join bounty managers group. Based on previous experiences, we can guarantee about the campains managed by him/her.
At the moment, even if a project is not scam there are chances of not getting rewards as some projects are  failing to raise enough funds.

[thiscomm]

I suggest you follow the bounty program found on platforms such as bountyhive.io there can be certain that most of the bounty programs there are honest programs. in this forum there are often bounty program offers, but often scams. I have participated in a program on bountyhive many times and everything has worked. the best step when on a bountyhive is that there are trace steps and the dateline program for the bounty. There is also a link to enter the telegram group of the developer of the bounty program, so you can ask the developer directly.

[TopTort777]

Try searching bounties, that are managed by professional managers. First take a look on BM profile, if he had managed lots of projects and they have sent rewards to hunters - that is first good point to join. Bounty managers care about their reputation and wont manage obvious scam. They are the first who evaluate the project for being scam (successful project - that is different, they cant really predict that).

But once again, good BM is only 1/3 of a success. 1/3 is the amount project collects during ico/ieo and other 1/3 is the team/product itself.

[vermigerous]

Even promising projects can fail in the future, and some bounty campaign looks like a legit but it ia tottaly a scam and fraud team. Better know some of the fake team and staffs in order to refrain from joining scam projects.

[NewRanger]

Its difficult to find the right bounty for Newbie.
Better you need to rank up your rank first.
Because most of good bounty didn't accept newbie to join in their campaign.

because bounty manager or developer team thinking newbie have no significant influence to investors in cryptocurrency market. so they will prefer to pay high rank member that have many experience and also maybe has fund to invest in their projects from previous bounty reward. as we know much of bounty hunter now be investors in ICO or IEO, and even some of them become profesional trader now.

[Ucy]

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

I think filtering out bad projects will probably be based on community efforts on decentralized systems and also using acceptable crypto standards. I am not sure if there are agreed standard yet.
Some of my preferred standards for rating crypto projects would be viablity, sustainability, uniqueness, decentralization, usefulness, technical aspects, project simplicity, promotion/marketing, security, ease of use, permissionless/trustless, anonymity, transparency, immutablity etc.
Will not invest in centralized projects no matter how useful they are. Too risky in my opinion, unless you'll be willing to wait or hope for compensation if something bad happens to govt regulated projects.

[pokok_work]

Actually in this forum very complete about crypto. my advice before joining the bounty or start promoting should look first at the string of scam accusations. don't join random bounty projects, promote scam projects just as you participate in fraud. I personally do more analysis before promoting a project, and that also needs to be remembered sometimes projects that seem potentially could also fail. the point of being a bounty hunter also depends on luck.

*Keep spirit broo