90% Of Project Bounties Are Scams

[greylandm]

Those usually can't develop a good altcoin so joining the bounty is not worth it since the coins are worth nothing.

[1714872737]

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[1714872737]

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[ningrum]

I have followed the bounty from 2017, from the social media campaign and the signature bounty campaign, having a prize that was not small at that time, I be grateful in 2017-2018 is a good time, but for 2019-2020 I think the bounty is indeed not a good, and I don't think 90% scam, you are wrong

[SolarWindMiningCompany]

I joined this forum 3 years ago and have participated in bounty campaigns. I make lots of bounty campaigns but only a few projects pay me valuable tokens. Most they don't pay for my efforts to promote their projects to the community on this bitcointalk forum. I hope the well-known bounty campaign management teams will select reputable projects to promote. As such, it helps the bounty hunters like me have more confidence in new cryptocurrency projects.

the situation is expected. Crypto is largely an unregulated space and that's why there are so many scam projects. Its the human nature to behave in such erratic manner till a governing body emerges and supervises the activities. But until then, the onus lies on participants to use their vast knowledge and experience to sift the grains from.the chaffs

[bluebit25]

I have followed the bounty from 2017, from the social media campaign and the signature bounty campaign, having a prize that was not small at that time, I be grateful in 2017-2018 is a good time, but for 2019-2020 I think the bounty is indeed not a good, and I don't think 90% scam, you are wrong

Why are you saying that OP is wrong? Apparently from 2019 until now, more than 90% of bounty is scam. You can go to the bounty section and do the check, it is difficult for you to find bounty successfully in that period. But 2020 is a great year for bounty, I'm seeing a lot of good bounty running. It is completely different from 2019

[Furious 7]

I have followed the bounty from 2017, from the social media campaign and the signature bounty campaign, having a prize that was not small at that time, I be grateful in 2017-2018 is a good time, but for 2019-2020 I think the bounty is indeed not a good, and I don't think 90% scam, you are wrong

Why are you saying that OP is wrong? Apparently from 2019 until now, more than 90% of bounty is scam. You can go to the bounty section and do the check, it is difficult for you to find bounty successfully in that period. But 2020 is a great year for bounty, I'm seeing a lot of good bounty running. It is completely different from 2019

2018-2019 many bounties with failures that occur due to serious failure by the developer so that the project does not run smoothly.
But this year many bounties that have appeared are already listed on the stock exchange, which means there is a good increase this year, hopefully this year there will not be many failures in the bounty program.

[Zazzu]

I have followed the bounty from 2017, from the social media campaign and the signature bounty campaign, having a prize that was not small at that time, I be grateful in 2017-2018 is a good time, but for 2019-2020 I think the bounty is indeed not a good, and I don't think 90% scam, you are wrong

Why are you saying that OP is wrong? Apparently from 2019 until now, more than 90% of bounty is scam. You can go to the bounty section and do the check, it is difficult for you to find bounty successfully in that period. But 2020 is a great year for bounty, I'm seeing a lot of good bounty running. It is completely different from 2019

2018-2019 many bounties with failures that occur due to serious failure by the developer so that the project does not run smoothly.
But this year many bounties that have appeared are already listed on the stock exchange, which means there is a good increase this year, hopefully this year there will not be many failures in the bounty program.

Apparently this year bounty has been a lot better. But there is still a lot of risk that bounty will not make distribution, we will have to wait a few months to be able to make the most accurate comments.

[FLHippy]

It correlates with the number of scam ICOs.  Because in most cases we are promoting ICOs. But, you waste only time, instead of ICO investors that are loosing real money. And because of that, we earn very low rewards - noone trust in ICOs, noone would like to buy our earned tokens.

[Odebowa]

Bounty programs are incentives offered to an array of participants for various activities associated with an initial coin offering (ICO). ... The incentives can take the form of cash rewards (usually rare) and free (or discounted) tokens which can be cashed in later when the tokens are listed on an exchange.
Broadly, there are two stages to an ICO. In the first stage, which is also known as pre-ICO, the offering is marketed to prospective investors. These include social media influencers, blog writers and Bitcointalk Signature Bounty marketers.
But in short whatsoever people notice is thriving they take advantage of it. Though they are scammers but not up to 90%. You need to critically look at a project before venturing in to it with like of there white paper, manager, and the team. This can little bit pave way for someone not to be scam. So that is it

[seoincorporation]

Maybe 90% of them ends in a scam, but for sure at the start of those project, the idea was to make a clean business. But why do these bounties ends in a scam? When the people see how their token is making tons of real money, then there are no more reasons to spend a big time and effort to the business, at that point is easy to hit and run.

It's sad but that's the way it is.

[BChydro]

Maybe 90% of them ends in a scam, but for sure at the start of those project, the idea was to make a clean business. But why do these bounties ends in a scam? When the people see how their token is making tons of real money, then there are no more reasons to spend a big time and effort to the business, at that point is easy to hit and run.

May be some really wanted to come up with a clean business but there are always scammers and if they find an opportunity to cash in they will jump in and that is what happened in the ICO market, it was easy to get funds if you had an novel idea for a project and that attracted all the scammers, only regulation can prevent the scammers from exploiting the market.

[ahyadinnn]

2018-2019 many bounties with failures that occur due to serious failure by the developer so that the project does not run smoothly.
But this year many bounties that have appeared are already listed on the stock exchange, which means there is a good increase this year, hopefully this year there will not be many failures in the bounty program.

although this year many projects have been registered in the market but there are some that are not in accordance with the distribution schedule, I follow 2 bounties that have been registered in the market but for sending coins to the bounty hunters late even some have to wait for up to 3 months

[Angemas]

2018-2019 many bounties with failures that occur due to serious failure by the developer so that the project does not run smoothly.
But this year many bounties that have appeared are already listed on the stock exchange, which means there is a good increase this year, hopefully this year there will not be many failures in the bounty program.

although this year many projects have been registered in the market but there are some that are not in accordance with the distribution schedule, I follow 2 bounties that have been registered in the market but for sending coins to the bounty hunters late even some have to wait for up to 3 months

Yeahh.. i hate when this is happen, the project is already list in exchange but they always have a reason to delay distribution.. and i joined this bounty since a year ago and we must past KYC 2 times first by their BM and now from the project team But waiting is over (maybe) because distribution day is almost come i hope there will no more drama for the distribution..

[riso2015]

although this year many projects have been registered in the market but there are some that are not in accordance with the distribution schedule, I follow 2 bounties that have been registered in the market but for sending coins to the bounty hunters late even some have to wait for up to 3 months

I think it's a good thing to keep the price tokens not dumps, indeed distribution with period 3 months does make us annoyed to wait, But if that's the best for the Project then we must also support their planning. It's better to join a Bounty that is already registered on the Exchange than an unclear Bounty where Exchange will be used.

[Script3d]

although this year many projects have been registered in the market but there are some that are not in accordance with the distribution schedule, I follow 2 bounties that have been registered in the market but for sending coins to the bounty hunters late even some have to wait for up to 3 months

I think it's a good thing to keep the price tokens not dumps, indeed distribution with period 3 months does make us annoyed to wait, But if that's the best for the Project then we must also support their planning. It's better to join a Bounty that is already registered on the Exchange than an unclear Bounty where Exchange will be used.

Developers should make it clear in the first place that bounty hunters need to wait a long time to receive their bounty but instead they just change the terms and condition of the bounty campaign to mess with bounty hunters, i can understand the price will dump if bounty hunters will sell but they shouldn't lock the tokens if the volume is high.

[joshua123]

It correlates with the number of scam ICOs.  Because in most cases we are promoting ICOs. But, you waste only time, instead of ICO investors that are loosing real money. And because of that, we earn very low rewards - noone trust in ICOs, noone would like to buy our earned tokens.

We cant avoid losing investors. Imagine how much money are those investors are losing on investing on ICOs? The bounty works if the project succesfully launched money and if the tokeb create demands. But we cant earned money if those ICOs that we promote never get succesful. OP is right most of the bounty are becoming scam and from that we cant rely anymore on bounties. Maybe we should seek other ways aside from doing campaign, social media is a powerful tool and most of these projects are depending on it. Maybe create more serious skills and learn more tough experience would let us advance than simply doing bounty.

[Dhoe]

Yes indeed, that's why we should not joining any campaigns for now if we think there are no good campaigns.
Still, some of them are a good project, listed on good exchanges, and already have community.
The problem is on the end of the bounty campaign, some campaigns doesn't pay the participants with delay reason.

Right, for now it's better to join Bounty where their tokens are already listed on the good Exchange, some Project teams have postponed the distribution Bounty tokens due to incorrect time, because Bearish situation or various other negative situations. And now maybe the reason because Corona virus is the reason they give for us.

[ttcsalam]

I support this topic in a different way.The bounty manager can check any project well beforehand.Hunters need to be much more aware.Most good projects provide payment.This would have been possible if the payment had been confirmed.Then it is possible to avoid it.

[joseyphil82]

This year might be different, honestly I've came across many good projects this year so far and 70% of this year bounties are all trading on exchanges, this will encourage people like me to keep trying and never think about giving up

[Rrita]

yes, they are. most of the bounty projects nowadays are a scam. The owner just wants quick money and tried to scam people. so before joining any bounty project first try to identify that they are legit. because don't water your time on scam bounty project and you may get red trust for promoting scam bounty project.

[miklesm]

Agreed, the majority of Bounty projects are scams, but it is usually quite easy to identify 100% scam projects. The most of them do not even make a quality website.