90% Of Project Bounties Are Scams

[carlfebz2]

I hope the bounty manager can check each project before it is managed, and for cheat managers, stop cheating.

Even bounty managers cant detect out if the project is paying in the end or not.They might look legit initially but it would still be like a gamble because managers are just also workers on said project
unless if his part of the team then it would really be more risky in that case. 90% doesnt fit out but rather 98% i would say because most projects now from 2018-2020 are total shit and continue to
create the same idea all over again and fooling out investors as usual.They are scam but this thing cant be stopped because there are still fools that do keep up feeding these scammers.

[cute nmp]

I don't really think that 90 percent of project are scams even though there is so many scams associated with crypto-currencies.There are so many scams projects around and the number is increasing rapidly even more than in 2018 and 2019 but even with the increase there are so many legit project out there .One has to be just careful in choosing the best projects out there.

[Perfect35]

I don't really think that 90 percent of project are scams even though there is so many scams associated with crypto-currencies.There are so many scams projects around and the number is increasing rapidly even more than in 2018 and 2019 but even with the increase there are so many legit project out there .One has to be just careful in choosing the best projects out there.

\Not every project that seem to be legit worth investing in. If a project does not have a good layout or if the intensions are mostly not feasible, it should be discarded. A project might appear o simple, but if it can be actualized, it is better than that project that promises to build a whole world and yet, cannot construct a simple and very small ark. you should watch out for that. Yes, the intention is superb, but it lacks good tools and management.

[NewRanger]

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.

we just need more carefull when joining in any campaign, airdrop or bounty campaign have same thing. although we read carefully to whitepaper or anything else but if its time to be scamm project we could not avoid it. even project that running smoothly in their developtment suddenly could be scamm project. we often to see it.

[Hypnosis00]

Some project never develops instantly especially when they don't have a working product. It takes time for them to find investors and to build their reputation as well that is why many projects will run market promotions to help getting known into the community. That is why we can't tell that 90% of them are a scam, they can be less maybe.

Crypto adoption isn't fully accepted and recognized by the public. The support of the government giving a big influence to the people around and its development but sadly we missed that thing since some of them are in a war against crypto.

[oscarftw]

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.

By making a post, I just wanted to see the whole history of all unpaid bounty, what is main reason and who is the cheater for not paid. Now I can telling that bounty manager can't do it or check what is going on CEO brain. Most of the project failed because of development and most of the project paid to bounty hunters.

[Finestream]

By making a post, I just wanted to see the whole history of all unpaid bounty, what is main reason and who is the cheater for not paid.

These are just studies, actually there are articles out there already telling most crowdsale in crypto are scam especially in ICO.
This one was published in 2018
https://www.investopedia.com/news/80-icos-are-scams-report/

80% of ICOs Are Scams: Report

OP was telling 90% but its his just estimate maybe, because although a crowdsale is successful sometimes bounty hunters are not paid, so they have a lower success rate.

Now I can telling that bounty manager can't do it or check what is going on CEO brain. Most of the project failed because of development and most of the project paid to bounty hunters.

The call is on the CEO or team behind the project, and bounty managers and bounty hunters are just workers, they do what they are told to do with a specific reward, if the CEO scam, everyone will not get anything.

[Python Master]

If you point out a specific number then you must have evidence for it.
Example you make a statistical table for all bounty campaigns on this forum, from January 2019 until now, or from January 2020 until now.
How many campaigns in total. How many paid, how many didn't paid, then calculate the ratio.

[Emilyp]

The projects itself are scams not just the bounty alone. It's true some successful projects do not pay bounty hunters when they reach their ICO cap but they're also some who do not raise funds or run away with raised funds.

[Ailmand]

Not just those who have bounties are scam. The number of new projects that are scam had grown massively. Bounties nowadays are not as profitable as how it was around 2017. I wonder how some legitimate projects will gather funds if investors don't trust new projects anymore.

[Valzador]

If you point out a specific number then you must have evidence for it.
Example you make a statistical table for all bounty campaigns on this forum, from January 2019 until now, or from January 2020 until now.
How many campaigns in total. How many paid, how many didn't paid, then calculate the ratio.

He will not have data like that because he only assumed it; the figure could be less or more than 90 percent. I hope there are members of this forum who make statistical charts about this.

[litepool.ru]

Not just those who have bounties are scam. The number of new projects that are scam had grown massively. Bounties nowadays are not as profitable as how it was around 2017. I wonder how some legitimate projects will gather funds if investors don't trust new projects anymore.

Surely they will not be able to call investors in this market. Investors were scared of new projects and they thought it would become a scam in the future. Therefore, if new projects do not have investment enterprises, they will surely fail

[joseyphil82]

Can't say OP is wrong since bounty data from 2018 shows that many bounty projects turned scam and same thing happened last year too, it's not very encouraging to engage in bounties even today but since very few projects still manage to become successful then it's still worth giving the shot

[killerfrost]

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.

Nowadays scam projects are very smart, you won't be able to see which ones are scam when you check out simple steps like that. They can easily plagiarize and create a fake development team, now we just need to care about the partners of that project. If the projects have large and real partners, then those projects will certainly succeed

[jessyj48]

It's nothing new to see scam bounties here and there, all we need is better research, choose only quality projects and you will be glad you do when the end result is out, there is no way to get rid of these scammers completely but with research you can avoid them

[plvbob0070]

Based on what I had noticed here, it seems most of the bounty hunters experienced more scam project/bounty during 2018 and 2019. We still have to look forward to this year if we're going to see more scams or not. Even though they already felt the struggles on participating failed/scam projects, they ignore it. They are not afraid to participate again in other bounties although there is a chance that they might end up falling into other scam projects again. I'm already aware of this issue, that's why I now barely participate in the bounty. If I'm going to join again in the future, maybe I will try to pick the best one even if it takes a lot of time to do the tasks. In that way, I can still assure that I can make a good profit, and it can be equal to the time and effort that I allotted on the said project.

Sad to say but on this current year and status of the market, it's totally hard to a find decent project, and I know some investors are already sick on investing scam projects.

[Finestream]

Sad to say but on this current year and status of the market, it's totally hard to a find decent project, and I know some investors are already sick on investing scam projects.

That's the reality, but why would they still choose to invest in new projects when the chance of success is very low?
Why not invest on bitcoin, it's more volatile and it's quite stronger than all the altcoins combine, old and new, this year so far, we have seem the ups and downs of bitcoin and surely with timing, they can already enjoy some good profit.

Bitcoin start at $7k this year and rise $10K If I am not mistaken,
It also dropped $4k then rise to $6800

The above example would already let them be profitable if they do the right decision.

[geegaw]

Not just those who have bounties are scam. The number of new projects that are scam had grown massively. Bounties nowadays are not as profitable as how it was around 2017. I wonder how some legitimate projects will gather funds if investors don't trust new projects anymore.

Scam projects can grow very quickly, with coverage in almost every corner of the market but mixed in these niches, we can still find good projects and make appropriate profits, many investors may not have trusted it yet, but somewhere, many investors still have good hope and appreciation for some projects, attracting capital is still very stable, the problem is only slower than in the past. Bounty in this era is deceptive or not, the interest of the participants was very low, bounty is just a game of luck, a little bit of trying to test is enough, the results are not of great concern

[distr@yopmail.com]

Many project bounty campaign are scam with thousand reason, like last payment from bounty campaign just distributed 10% each month but our payment giving with USDT not pay with coin bounty, with higher price after listing they cancel payment and give USD with lower value.

that is a reason that we can hear for a long time. some projects don't even pay after the project has finished selling them. or bounty hunter gets a token payment that will never be registered in the exchange.

[DonFacundo]

Yep I agree 90% of the project bounties are scam. We are already 2020 and nothing has changed still many scam project operates, it's like they wait for the fish(investors) to hook. Hunters should avoid to promote a scam project.