90% Of Project Bounties Are Scams

[Question123]

Im sure they have many campaign manager who reviewing the project befote accept it but they still many project who cannot determine the project purposes if it's real or fake. A scammer are become more smarter and upgraded in the last few years ago and they invented a new ways to hide the thruth so still many people ways their time and also the money.

[bearexin]

There was an increasing number of participants even before lockdown but yes I do agree that lockdown increased that number even more.

This is probably the easiest way to find a job, sure it may not end up paying too much but at least you are not really entitled to make them believe on your CV here, all you have to do is follow what is required and do what bounties ask you to do and just prove them that you did the work and get paid. Maybe it will turn out to be a good amount, maybe it will turn out to be tiny, that part is the risk hunters takes.

[litepool.ru]

and that is the reason why investors today tend to decrease because they have realized that most of the Ico projects are fraudulent. I think project investors in 2018-2019 or prize hunters have witnessed how the ICO project worked at that time. almost all are frauds and only a few successful projects.

I haven't even seen any successful projects in 2018-2019. They all got a lot of money from investors but they became scam soon after or survived for some time but disappeared. It is the ICO that has made the market situation worse than it is now because investors have lost faith in altcoins in this market.

There are many successful projects in 2018-2019. But those projects do not run bounty so you may not pay attention to it. And the bounty running project has failed in the last few years, not too many projects exist until now because they died after only a few months listed in the exchanges.

[Slow death]

this reminds me of something I read 1 year ago on this forum, it was a scam accusation and the person who was making the charge said: "most of the owners of these projects look at the work of the bounty hunters as something insignificant." I looked at that phrase and talked a lot with someone who was running an ICO and realized that it was true that many people who run these projects have no respect for bounty hunters.

[Kez1817]

I think 99% of projects that run a bounty campaign is just a waste of time because mostly of those projects are failed and  turned to nothing. This so very frustrating in the part of all bounty participant that gives their full effort and time  but at the end it's totally waste of time. But despite of all those scam and failed projects,i'm still hoping that this coming years good and reputable projects will come.

[Reatim]

So if you find this as true nature of Bounty now then better stop joining perhaps?because these scammers can continue their Works if there are still Fools that joining their project and spreading their company to lure victims.

This is the problem about Bounty hunters because they are carelessly Joining Bounties but when they scammed then followed By asking people to Help them .

[Krabby]

Agree that there are many bounty scams in this market, but if you have experience and analysis of those projects then I believe you will stay away from those bounty. Always carry out research before engaging in their bounty, you will definitely not waste time on pointless projects.

[Balladtony77]

Even after all the scam projects some bounties still survive till date, if you can spend time to do research you will be fine, yes you can't completely escaped scam bounties but with research you will get better doing research

[JeotQ]

Scam bounties will always appear in crypto space every year but if you are so good and calm with research you will easily burst some fake projects, I did this myself this year and safe my neck from scam projects

[DabsPoorVersion]

Yes or even higher than that,

I haven't seen any successful bounty campaign for the past weeks or months. Though some might say that they have participated in a certain bounty and it was successful, but for me, it is not yet considered as legit if after having a successful launched they will just forget about the project and enjoy themselves with the money they raise.

[killerfrost]

Scam bounties will always appear in crypto space every year but if you are so good and calm with research you will easily burst some fake projects, I did this myself this year and safe my neck from scam projects

If you do well, I believe that you will avoid most scam projects in this market. I also participate in selective bounty, I do a lot of research before making decisions to join because I don't want to waste time with bullshit projects.

[kayvie]

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

Well, bounty managers are really checking the projects before they start managing it. But the outcome of the project is not in their hands and they don't even know any internal plans of the project team. So, even if they think that the project seems legit by investigating the project, the outcome will still depend on the project team.

[thesmallgod]

Let us just say the reason for this is because of unsuccessful completion of most projects. Just as you have noted. Alot of them have been around for awhile but the token they give hunters are either locked or even not tradable. Many of them do not even raise up to 2 ETH. I know a particular fantastic project called Gymreward. They could not raise any money and up to date, the dev team are still working to give the public something to smile about.

[MUG1WARA]

I think for now the bounty scam is more than 90%, and I also agree with you if the bounty manager has to be more careful in choosing projects, if you may suggest to the bounty manager to ask for a token before the campaign can be started through escrow or directly to bounty manager so that hunters don't worry about their payment problems

[Mealea]

It is no news again that most of the projects we are having now are just out to scam people and disappear. Most of the projects don't have anything to offer to the community, they are here to take from the community and run away.

[jaywizzy]

The rate at which scam project is increasing is beyond what i can bear. That's why have decided not to participate in most of bounty program this days and an the little one i take part in, i make a thorough research.

[StephenJH]

The rate at which scam project is increasing is beyond what i can bear. That's why have decided not to participate in most of bounty program this days and an the little one i take part in, i make a thorough research.

Yes, making a research before reaching the answer level is necessary due to the appearance of many scam bounty campaigns on the crypto forums. Nowadays, it is not hard to separate the good and bad bounty campaigns but not everyone has the same knowledge level to see the difference.

Scammers know each other with checking the details of bounty campaigns, they usually share the common things: Fake team photos, plagiarized whitepapers, and the same website UI/UX. Research is very important and every investor needs to learn this through a hard way with getting scammed a few times. What I advise to keep the losses minimum before running out of the business.

[Kelvinid]

I think for now the bounty scam is more than 90%, and I also agree with you if the bounty manager has to be more careful in choosing projects, if you may suggest to the bounty manager to ask for a token before the campaign can be started through escrow or directly to bounty manager so that hunters don't worry about their payment problems

I supposed to think that not all coming from 90% is a scam project. We are just making in quick judgement seeing an unsuccessful project is a scam already. I know their devs don't want this thing to happen with them but it is also because of the worthiness of their project that hasn't seen or being considered by the investors. But the worse thing is that their market image has been ruin already because of the said failure.  

[Elderman87]

Oh. It's 90% now? That's astonishing. I really don't see why the need to rant. The entire cryptocurrency market is down at the moment. So any new projects will have difficulty getting investors to buy into their projects. There's no one to blame. It is what it is. Even some bounty hunters are quitting the business today

[lue wang]

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.

All bounty manager has good campaign, he didn't get it without any research. If you found anything scam in any projects, let the manager know first. All bounty manager should throw us a task that rewards will be provide if we found any scam project in his running campaign.