90% Of Project Bounties Are Scams

[Buntel168]

That's right 90% of bounty project are scam, the last bounty campaign what I'm working on is Zero Carbon Project and that made me very disappointed because they paid me with a new token which is ZCBC (ZCP Bounty Coin) while their coin is ZCC and has been listed on idex.

[Raflesia]

Bounty is not entirely a scam because there are still a number of projects that will be successful in the future and as of now I think many projects with new innovations and good goals going forward and for the bounty problem it depends on the rules of the bounty manager.

We know that the bounty manager is now so detailed that if there is cheating it will be deleted from the list of campaigns as well as those who only work for a month they will disqualify it because they do not do it fully until the end of the campaign. middle of the road it will be deleted by the bounty manager.

But for the average project at the moment it takes a long time to develop the project and to enter the exchange also requires a large cost, therefore they always raise funds for a long time I think it's legitimate as long as at the end they will succeed on their own.

[Bitbtc8]

Yes you are right, and this is possible because of silly exchanges in crypto space, scammers won't lose out only the investors will, the list their scam projects on cheap exchanges and any amount that was raised will still be profit for them, we investors are the one to become strict with new projects

[pandanaran]

well, maybe you're right that most of the ico projects or 99% are fraudulent projects. but I think there are still good projects to follow like the Insurance project they have a valid team and a good product. if you are interested, you can reconsider and take part in it.

[Free1bitco.in]

Yes you are right, and this is possible because of silly exchanges in crypto space, scammers won't lose out only the investors will, the list their scam projects on cheap exchanges and any amount that was raised will still be profit for them, we investors are the one to become strict with new projects

IEO can sometimes be the thing that lets us know whether the project has potential or not. it's just that, I agree with you. however, there are so many scammers who take advantage of the ease of listing their tokens into a market, so it makes IEO scams easier to develop.

[Davian144]

well, maybe you're right that most of the ico projects or 99% are fraudulent projects. but I think there are still good projects to follow like the Insurance project they have a valid team and a good product. if you are interested, you can reconsider and take part in it.

Yes, and as I examine, there aren't many good projects this year, and it can be said that only 1% is worthy of being followed by everyone, even though everyone has their own analysis in joining a new project this year.

[Pffrt]

Have you calculated that, lol, just kidding. I would say it's more than 90% if you take the word as correct that altcoin market is more complex than we take it as. There are a lot of way to scam. Even though if a bounty pays you and it has been listed in an exchange, it can be a scam project. Look at Nano healtgcare project. They have done everything properly and listed on so called exchange, no volume and nothing for more than 2 years. What bounty participants got, nothing? They are scam too. So, it's safe to say the figure is more than 95%, it's better to not participating any bounty.

[Mighty_crypt]

Ninety nine percent of new projects are scam this days, crypto space have become a feeding ground for scammers since the successful of many new projects, ICO actually in 2017, right now you only have to find the seriousness of the team first before investing

[fuer44]

You could say that, even though there are still good ones. but if it is in percentage, then many fail. and in this case many investors have been harmed, even though the bounty hunter also loses in terms of time, energy and mind to work to promote the project. so, when 1 project was a scam, a lot was harmed.

[fudster]

You don't say. You don't say.  It is however sounding good thees days after 2018 and 2019 scams. IEO today are getting better, they are now giving chance bounty hunters to dump. Not the kind of what happened during the days when they are not really paying. Besides you have to watch out for the project that can potentially scam.  If the project provides insurance, then its shouldn't be the type of project to promote,

[minairia3]

well, maybe you're right that most of the ico projects or 99% are fraudulent projects. but I think there are still good projects to follow like the Insurance project they have a valid team and a good product. if you are interested, you can reconsider and take part in it.

I think what you mean is insure project, the one youve wearing on your signature right? Its good but the budget for their campaign is too low. None of good campaign right now can match the rewards of the 2017 boom projects. How I wish I can go back to that era and continue to join the campaigns that Ive missed that has so many good profits.

The campaign now is quite dissapointing and none followed their rules when it comes to schedule and budget for hunters. Not practical to join altcoin campaign for now, just choose bitcoin signature paid which is more convenient on payment.

[Mpamaegbu]

Really we are like dealing with extraterrestrials.

That nearly chooked me with laughter  . Of course, they have a heart of steel to perpetrate all that they do, wickedly.

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.

This is the sad reality confronting bounty hunters. It's a price every hunter had/has to pay to gain experience and ultimately know how to avoid future pitfalls. The way the scam projects disappear overnight and then delete all social media handles should be a thing of concern to Bounty Managers who have a reputation to protect. BMs should always ask for tokens to be escrowed to them as part of contract term.

[trauchot]

I completely agree with you, more and more bounty companies turn out to be a scam and unfortunately this will continue to happen, because scammers who conduct their bounty companies know that they will not get anything for this and therefore there is nothing to be done.

[bluebit25]

well, maybe you're right that most of the ico projects or 99% are fraudulent projects. but I think there are still good projects to follow like the Insurance project they have a valid team and a good product. if you are interested, you can reconsider and take part in it.

Yes, and as I examine, there aren't many good projects this year, and it can be said that only 1% is worthy of being followed by everyone, even though everyone has their own analysis in joining a new project this year.

Don't be so pessimistic, right now I see quite a lot of promising bounty running. You can go ahead and check them all out, I see at least 4-5 great projects doing bounty. Insure is one of those projects, and I would encourage you to take part in this project because in 2020, its price will certainly go up compared to the present.

[Kupid002]

Doesn't surprise me since the disappearance of ICO back in 2018, like 2017 there were kinda abundant of ICOs yet that I stumbled upon and they were even everywhere in the internet. Getting announced here and there in social media sites only to find out that most of them are just scams. We got IEOs and I don't how people feel about it right now because I don't feel like investing to project at this moment.

IEO is the same result as ICO more of the project now only want to list to unpopular exchange with fake volume. It doesnt help to locate new investors sometimes they not even get thier softcap they are just claiming they have raised enough which is not. How they will get that amount if the exchange doesnt have enough user's to participate in IEO.

[imstillthebest]

well, maybe you're right that most of the ico projects or 99% are fraudulent projects. but I think there are still good projects to follow like the Insurance project they have a valid team and a good product. if you are interested, you can reconsider and take part in it.

Yes, and as I examine, there aren't many good projects this year, and it can be said that only 1% is worthy of being followed by everyone, even though everyone has their own analysis in joining a new project this year.

Don't be so pessimistic, right now I see quite a lot of promising bounty running. You can go ahead and check them all out, I see at least 4-5 great projects doing bounty. Insure is one of those projects, and I would encourage you to take part in this project because in 2020, its price will certainly go up compared to the present.

thanks guys for suggestion but may i know if what are the other 4 projects  ? better if you list it also on here so that we users that havent enough time to scan projects can also benefit because we are also been scamed many times so now is the time to make a payback  .

 i hope these good projects will be followed by many other more so that itl attract bounty hunters to work again , also investors which can make the crypto market and its comunities become healthy   .

[Divinespark]

That's right 90% of bounty project are scam, the last bounty campaign what I'm working on is Zero Carbon Project and that made me very disappointed because they paid me with a new token which is ZCBC (ZCP Bounty Coin) while their coin is ZCC and has been listed on idex.

I have also seen this bounty before, but after checking and evaluating I quickly ignored it. Obviously this project is a scam and it stole a lot of money from investors. And I agree with you, over 90% of bounty projects are scams and if we are not careful, we will waste time with these projects.

[bakasabo]

This is true. Bounty campaign has reduced its reputation already due to many scam projects. Good thing we have reputable managers who are looking for legit projects that launch campaign.

I've noticed a reduction in bounty campaign amount. And an increase of number of bounty managers who advertise their services in Services.
I have a feeling, that soon part of "reputable managers" will start to manage "all available" campaign. So I call to check all the campaign you join 2-3 times and dont rely only on a manager.

[Kupid002]

This is true. Bounty campaign has reduced its reputation already due to many scam projects. Good thing we have reputable managers who are looking for legit projects that launch campaign.

I've noticed a reduction in bounty campaign amount. And an increase of number of bounty managers who advertise their services in Services.
I have a feeling, that soon part of "reputable managers" will start to manage "all available" campaign. So I call to check all the campaign you join 2-3 times and dont rely only on a manager.

its really possible for them to accept a bounty campaign in the future but they will prepared to accept only bitcoin payments .
Its really hard for bountyhunters to know how good a campaign they participate if they are always rely only to who manage the campaign they need to know how to review a project so thier time will not be wasted alwayd participating in scam or shits campaign.

[Byakuga]

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