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Author Topic: 90% Of Project Bounties Are Scams  (Read 1787 times)
awakpane
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March 27, 2020, 12:18:17 PM
 #61

I also see that many projects don't pay after they finish the campaign. this condition indeed makes the appeal decreases for prize hunters and investors. I think there must be a good authority in screening projects before they are published in this forum, so as to minimize the losses of others. if this continues, it is highly likely that people will leave this forum and have an impact on the development of digital currencies due to fraudsters.
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March 27, 2020, 12:47:01 PM
 #62

Most of today's bounty campaigns have fewer chances to pay its hunters, and I believe the credible bounty campaigns are only less than 1 percent, and the truth is even those projects that promise to pay in 1st quarter of 2020 is not yet happening, meaning it might not pay the bounty hunters for the job that already done a long time ago. if those platforms are not sincere about its promise how can it be trusted to operate a business?
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March 27, 2020, 03:02:24 PM
 #63

That's why it's wise to spend your time and energy on very good or high quality bounty projects, you can easily detect them if you do better research on the projects, this is the only way to avoid bad projects
It's better to choose the best one but this is the main problem when not so many people can't do that easily caused by almost all of people don't know properly about how to choose the right one.
It's so easy to say people must try to avoid the bad project but the implementation is not easy.

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March 27, 2020, 03:13:22 PM
 #64

Most of today's bounty campaigns have fewer chances to pay its hunters, and I believe the credible bounty campaigns are only less than 1 percent, and the truth is even those projects that promise to pay in 1st quarter of 2020 is not yet happening, meaning it might not pay the bounty hunters for the job that already done a long time ago. if those platforms are not sincere about its promise how can it be trusted to operate a business?
That is what the hunters are still worried about and it is true that currently bounties under 10% who are honest will pay on time, but most of now it is in terms of funding first not the product that is seeded so many projects that are operated fail all because they are strong or indeed intent to deceive all investors.
  So we have to choose the bounty when participating so we can minimize the scamer and also the team background must be seen.

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March 27, 2020, 03:26:46 PM
 #65

I cannot blamed OP I also have a share of scam bounty and there are to many of them of them, I have not known of any bounty hunters who are not scammed by these scam bounties just glad that I'm out of it I still have a lot of tokens in my wallet that are all useless and only reminds me that bounty hunting is just a waste of time.
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March 27, 2020, 04:36:51 PM
 #66

Most of today's bounty campaigns have fewer chances to pay its hunters, and I believe the credible bounty campaigns are only less than 1 percent, and the truth is even those projects that promise to pay in 1st quarter of 2020 is not yet happening, meaning it might not pay the bounty hunters for the job that already done a long time ago. if those platforms are not sincere about its promise how can it be trusted to operate a business?
no one can be trusted. you need to correctly assess the risks of participating in bounty campaigns. you must understand from the early beginning that there is a possibility that you will not receive anything. You should not spend your attention and efforts to discuss unsuccessful projects and projects that did not pay money. create a branch in Scams - describe the problem and forget about the project

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Vishnu.Reang
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March 27, 2020, 05:31:52 PM
 #67

I cannot blamed OP I also have a share of scam bounty and there are to many of them of them, I have not known of any bounty hunters who are not scammed by these scam bounties just glad that I'm out of it I still have a lot of tokens in my wallet that are all useless and only reminds me that bounty hunting is just a waste of time.

Same here. Even I have around 40 different tokens from various bounty campaigns, and out of them only 3-4 are worth more than $10. Others are completely worthless, or worth very small amounts. Now who will take the effort to register in little-known exchanges and then to go through the KYC process, in order to exchange this $10 worth of tokens to either Bitcoin or Ethereum?
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March 27, 2020, 05:38:53 PM
 #68

We have to find a way around this scams to end it here. May be the moderators can put in more efforts to strengthen the efforts of a few members who have been exposing this scams. I see a lot of scam bursting on the Scam and Reputation threads. Hunters should always look that up from time to time. I have been saved a lot of stress by doing that myself as I escaped a lot of scam.projects.

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March 27, 2020, 06:02:45 PM
 #69

Yea you're right and when you ask who exactly received these payment's they won't give any answer. I feel such project cts had no intentions of paying the hunters from the onset the reason for such delay and such response at the end of the delay.
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March 27, 2020, 06:31:23 PM
 #70

Little agree. more now many bounty managers do not sort out a project and rush to post bounty campaign, even though the project they post is clearly a project that can be said to be not good or possibility of scam is very high and main cause bount scam is because of them, but honestly I can't blame them because now there are also many projects that can be said to be good, but they don't intend to hold a bounty program for various reasons, but I'm thankful there are still bounties filled by bounty managers who do sorting and escrowing reward for bounty participants so bounties not completely dead.

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March 28, 2020, 05:35:50 PM
 #71

There are some of them that you will work really hard for and at the end they will list the coin on a very bad exchange. These scams are getting too much and anyone that wants to be a bounty hunter really needs to be careful to avoid getting scammed like this and days of hard work being wasted. These people don’t even have pity for anyone at all, they will let you work really hard for their project and waste all your time and energy and after that, they will not pay you for that; same thing they do with investors who fall for their tricks.
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March 28, 2020, 06:57:14 PM
 #72

I totally disagree with you make it 99%, man none of bounty have participated in this year has paid yet, I mean have participated in more than 20 bounties if am not mistaking

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March 29, 2020, 04:22:38 PM
 #73

so what is your decision right now ??
are you still working on one of the bounty projects?
with real facts like this why are there still so many people joining the  campaign bounty?
for me campaign bounty is a bonus that we get in our free time and only lucky people can feel the benefits, so there is no harm in trying.
true, bounty is one of the side jobs and do not let the bounty be your main job, you can do other things such as creating a website, trading, and playing other online businesses, the results of the bounty are not enough because the results are now a little not like before
Bounties is just capable to help you in the crucial moment, it’s never job for a person i think. But a lot of members are depend on these earning, they thought it’s a permanent jobs. In 2017 bounties was big thing more than jobs when mostly earned such money. Correct, website design and application development and another things are really effective in online platform.                               

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March 29, 2020, 04:53:01 PM
 #74

Could be higher now, the market is down and investors are not looking for new coins so those developers they are just gone after getting funded we have so many projects recently that scammed so many investors like Adab IronX, if the project is scam so are the bounties, you will either not going to get it or if you got it it will have no value in the market.
Investors are trying to hold their coin or money as of now that is why they do not have a time to invest on new coins. Plus the fact that they are afraid that the coin that they have invested to might not have a value once it is listed on a exchange. Better hold our money as of now and do not invest on the upcoming coins out there.

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March 29, 2020, 05:44:01 PM
 #75

90% Of Project Bounties Are Scams

If I see a project that appeared in 2018 until now has experienced a very significant setback. Most of them are con artists. Fraud that often occurs in the form of postponement of time, not paying the completion of the campaign, not being listed in the exchange, locking up tokens for a very long time, even some who cannot make withdrawals.

There is also something that happens with changes to the wallet payment to the platform in a short duration, so we did not know there was a change. And when we ask easily they answer the distribution period is over. Really we are like dealing with extraterrestrials.

They make campaign participants like their helpers. Change the rules of work as they please, some even delete from the list of campaigns, even though they have worked for up to a month.

Do they not think that we spend a lot of time campaigning for their projects.

All they have to know is that the services of campaign participants are very large towards the success of a project. It is they who continue to provide information to the public.

I hope the bounty manager can check each project before it is managed, and for cheat managers, stop cheating.
If we see a bounty scam project, I think it does not reach 90%, because of some bounty projects that I have participated in, there are a number of them that pay, even though they do not generate substantial income, but at least the bounty project has appreciated our work so far. Might be said if the project scam is only 40% of the total existing projects, so this is what makes us have to be careful in choosing bounties for us to follow,  and to make experienced forum members as  we reference to avoid bounty fraud projects.

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March 29, 2020, 07:27:44 PM
 #76

Could be higher now, the market is down and investors are not looking for new coins so those developers they are just gone after getting funded we have so many projects recently that scammed so many investors like Adab IronX, if the project is scam so are the bounties, you will either not going to get it or if you got it it will have no value in the market.
Investors are trying to hold their coin or money as of now that is why they do not have a time to invest on new coins. Plus the fact that they are afraid that the coin that they have invested to might not have a value once it is listed on a exchange. Better hold our money as of now and do not invest on the upcoming coins out there.
If the investor has no idea about the risk/reward, it is good suggestion to advise not to invest in the upcoming altcoin projects. If the investor is experienced professional, investing in the right coins will be profitable in the next bull market season.
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March 29, 2020, 07:37:51 PM
 #77

Actually i can't tell you 90% scam bounty because few good project will live here. we have in bad time right now no have big investors for new project with decreasing powerful team developing. You know this time more bounty hunter already leave bounty participate but their will back again, when the crypto market situation will be back.
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March 29, 2020, 08:03:10 PM
 #78

It is just like saying that 90% of icos are scams, i think it is somewhat true because many projects have failed after launching in the market and only few are able to survive. Still i think that figure sounds a little bit too exaggerated and perhaps we can say that around 60% bounties are scam that do not pay or pay less or cut the bounty tokens after campaign and make other excuses.

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March 29, 2020, 08:25:11 PM
 #79

Investors are so fed up with ICOs and IEOs that it is hard to attract investors right now, so most new projects fail.
That is also the reason why the project can not pay bounty hunters and is considered by many to be a fraud project.
Besides, there are many successful projects but they decided not to pay bounty hunters and decided to steal it.


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acdc
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March 29, 2020, 08:59:45 PM
 #80

I think the rate of scam aridrop programs is even higher, from 2018 to now we've only witnessed bounty hunters complaining about scam bounty programs.
The best way we can avoid scam bonus programs is to carefully check the projects.
Checking out white papers, development teams, media websites is also a way to help people avoid scam bonus programs.


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