90% Of Project Bounties Are Scams

[TWW]

It is indeed very difficult now to find a legitimate bounty campaign that really pays for its participants without any reason or anything. And also it seems like some projects also postponed the sale of their tokens/coins because the current conditions do not allow it, and if forced maybe the target will not be reached and the bounty hunter will also not get paid.

It will certainly never happen now, if their IEO project or ICO is successful, they will continue to postpone payment for bounty. I don't understand why they do that, if they don't want to pay for bounty then it's best not to create it.

some projects give hope like that. who knows what their purpose is, but they are only looking for profit for themselves by not paying the part that has been allocated to the bounty hunter. many reasons, unless they failed to get funds and could not continue the project.

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[geegaw]

Since the year of 2018 the number of scam projects have started to increase, that is why investors and bounty hunters have lose their trust in new projects because most of the time the team members are making a lot of excuses when there are some delays in distributing their rewards and some team members have run away.

The rules on bounty are too lax, which gives scammers too many opportunities to trick investors, the most realistic correction and improvement in recent years has been the appearance of IEO, creating a protective shield for both investors and projects. But as soon as investors had a little hope of returning, the association with the poor exchanges then started the IEO process, which pushes investor profits into a deep pit, that's like a new scam, lose faith in the project and bounty again appears, bounty is probably hard to build trust back with projects right now

[ScamViruS]

I agree with you. But here is another reason. Many times good projects and their ico cannot be successfully completed. So they cannot be listed on large exchanges, because they have not big money to do marketing and pay listing fees. People who do Bounties get the token but they cannot sell it because the price of the token is low. In the current market situation, 99% of projects are not successful. So it's not fair to expect much here.

I know the Binance team has charged one new project 50BTC a year ago but have no idea about the current listing prices on the Binance exchange. The price matters a lot for bounty hunters, if they can't sell the tokens to the buyers, they will complain in all possible social media platforms like "when Binance?".

As far as I know now, binance doesn't charge listing fees anymore. If binance list any coins, they write on the announcement the listing fee is 0. But I think listing the coins in the binance requires huge funds. Binance charges it any other way. However there are many exchanges besides binance, new project have not ability to list their coins on those exchanges.

[Thomas-s]

Since the year of 2018 the number of scam projects have started to increase, that is why investors and bounty hunters have lose their trust in new projects because most of the time the team members are making a lot of excuses when there are some delays in distributing their rewards and some team members have run away.

I think that there have always been many scammers, it’s just that even scammers used to collect a lot of money and it was not a pity for them to pay bounty hunters. Now people began to choose projects better and therefore we begin to think that there are more scammers. in fact, it is we have become smarter

[Stanlo]

Let's get used to everything going on in crypto space, scammers will always be around but it's left for us to stay vigilant and try to avoid any unnecessary mistakes by doing better research, if you aren't ready for better research your chances of getting good reward will be low

[matchi2011]

Let's get used to everything going on in crypto space, scammers will always be around but it's left for us to stay vigilant and try to avoid any unnecessary mistakes by doing better research, if you aren't ready for better research your chances of getting good reward will be low

Being ready in terms of keep doing your research will bring much higher chances to participate with the right project, even the percentage for good
project around but there's still some project that will provide good rewards.
You need to learn everything in order to be well inform about project that you'll going to participate.

[aemma]

That is true and I think it is a bit higher maybe 95% should be okay. It baffles me when people who calls themselves project team launches a bounty and then play funny once it gets to paying up. Some project team always claim bounty had no positive effect, then comes the question, why launching and sticking to it till the end? In my own view, a project team should focus more on how to make the platform attractive, enhance products and services so that when the platform is being promoted by the bounty hunters, investors will see enough reasons to invest.

[alexsandria]

Sad to say but it is true. Almost 90% of bounty right now are just a scams compared to the past years in which the bounties are boom or in a boomy section so it is very good but now, the bounties are dead because of the failed and scam projects and also because many bounties are not paying their bounty hunters so they are kind of having a hard time dealing with this problems.

[Lordshiva]

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.

totally agree,,,thats is the reason i left doing bounty campaigns but i recenty joined again just to give one and last chance to it....because there are some which are legit ones....you just need to make some research before investing your time in it

[royalfestus]

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.

I was also going to post this 90% is less now they are nearly 98% or 99% as most of projects are not good and attractive and investors also have nothing serious in them most of them are just waste of time nothing else I also have many thousands coins with no worth and they will never been in good in future.

Why the percentage of scam might have increase is the reduction in IEO/ICOs as a whole. Smart bounty managers that can analyse project and detect scam are virtually inactive, so the available bounties are mostly handled by inexperienced bounty managers. Asides the fact that they cant recognize scam they also dont know how to strike a deal with good reward, cant have token in there custody or hand it over to escrow. They are also push around by bounty participants with bad decisions.

[In the silence]

Yes some are scams, but let us dont forget the projects that  are legitimate out there.

I encountered some scam 4 years ago and it lts looks legitimate as Ethereum, that I still got bags of it because its promising.

[forexandcryptoauditor]

Yes this is true. At the moment most of the work is getting wasted 😣. There are two types which I see due to which which we are not getting benefitted from bounty campaigns.
First is projects turning out to be scammed. And second is projects failing to raise enough funds and getting closed.
We as individuals should have responsibility to avoid participating in such bounties. Moreover bounty managers should also be responsible selecting project for bounty promotion.

[suzanne5223]

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.

I somehow dont agree with you on this part because we all aware of the market status during the year 2018 and theres different between fraud project and the market not appreciating which also affected every crypto in the market and also make some new project owner to skip some of their tasks/payment.

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

No reasonable bounty or campaign manager wont check each project before make an agreement to advertise their project and i think we also need to understand that the managers are not super man or a machine, they human like us, what they need is our support by searching the genuine level of project advertise on this forum just like ICO ethics and the rest does.

[Finestream]

Yes some are scams, but let us dont forget the projects that  are legitimate out there.

I encountered some scam 4 years ago and it lts looks legitimate as Ethereum, that I still got bags of it because its promising.

When we say scams, sometimes this differs from person to person judgement.

Some would consider a project a scam when it lost its value or its trading volume, but in reality those projects are just struggling and there's still a chance that it will rise once the market begins to be consistently bullish again.

[bayudndy]

Yes some are scams, but let us dont forget the projects that  are legitimate out there.

I encountered some scam 4 years ago and it lts looks legitimate as Ethereum, that I still got bags of it because its promising.

Did you mean ETH is a scam? Since its inception, ETH has done a great job, and ETH has moved up to second place in this market quickly. It has helped a lot of investors get profit and you are thinking that it is a scam. There are no projects comparable to ETH, for me, the projects at the moment are scams and no future.

[Jateng]

In the past years, there so many scams projects that being launched and it's very frustrating. It's affected a lot of bounty hunters and investors if they not research about the projects. There are some projects that legitimate but after the crowdfunding it's failed which included the others a form of another scams. It's different now, in previous projects they show how much fund had been raised over the series of crowdfundings. It's proves that ICO is processing and know how much is needed to raised before the ICO ends.
I recommend to join for projects that manage by most trusted bounty manager in this forum.

[Kunnu]

Yes, It's all getting worthless day by day the unfortunate thing is mostly bounty participants especially newbies are not trying to understand and getting involve in the bounties which are absolutely worthless and their useless attempts are creating hype for scam bounties which is not a good sign for dedicated and creative participants.

[Bezobraznike]

Yes, It's all getting worthless day by day the unfortunate thing is mostly bounty participants especially newbies are not trying to understand and getting involve in the bounties which are absolutely worthless and their useless attempts are creating hype for scam bounties which is not a good sign for dedicated and creative participants.

   I don't think there are just newbies involved in promotion of any bounty that appear here
on forum. Many times I saw how senior members and some lower ranks promote bounties
that are scams, but they continue to write their reports in bounty topic. Even after the end
of bounty they continue with promotion! They don't read the topic, they don't do the most
simple research, they don't even open a site of bounty project. But they cry when they are not
paid. In most bounties I participated I got paid, except one!

[Jannyh]

Presently bounty hunters are painfully faced with the presence of dodgy bounty projects.  It then means that a lot of bounty programs out there, when properly perused are not genuine.  However, if you navigate properly, though, you will come across many genuinely amazing programs which can earn you gluts of cash. However, any experienced bounty hunter or trusted experts will put you through that there is a lot of garbage out there set to frustrate and waste your precious time.
Infact,  bounty hunters have lost faith and have expressed serious reservations about joining further bounties.  They are rather now exploring other sources of earning.

[soramon]

From 2017 - 2020 bounties are getting worse day by day. I really struggle to find a genuine project even already had a research i still cant pick one. Is following a good bounty manager history still legit? Im done doing research to be honest.