What the heck is happening to new projects?

[pedpedped101]

True. There are lots of good projects way back year 2018. Investors have full trusts on projects and cryptocurrency that time is booming. Today, there's a bigger percentage of scam projects.

You should remember ibid is a scam project and why did you promote them in your signature? it has already verified as a Ponzi project and some people have even proven it as a verified scam project too. In this case you are promoting the scam project.

He probably might not be aware. Someties, bounty hunters promote projects without checking what is happening to the project per time. I just wish he checks back and is aware of what has happened with iBid.
Many new projects are finding ways to raise fund, which is not an easy thing doing it on their own and some are hiding from being exposed through the exchange they want to list on.

[ahyadinnn]

True. There are lots of good projects way back year 2018. Investors have full trusts on projects and cryptocurrency that time is booming. Today, there's a bigger percentage of scam projects.

2017 -2018 I think there are indeed many successful projects and rarely fraudulent projects in the past, unlike nowadays many projects fail and projects that commit fraud and in the past, many bounty hunters who get high incomes in 1 project

[iTradeChips]

We need to be very careful right now when it comes to selecting new projects. If you remember the olden times of bounties where there are many good bounties that you can join. You can actually earn very big when it comes to bounties. But after the first quarter of 2018 until now, it is now difficult to find and join bounties that pays big because of many factors that affected these said projects. Anyway as many others have told, just research more on a project and see if it matters to you. Good luck to us all.

[WalkerIVIV]

True. There are lots of good projects way back year 2018. Investors have full trusts on projects and cryptocurrency that time is booming. Today, there's a bigger percentage of scam projects.

The scam projects have already decreased a lot since so many people were doing deep analyzation before they can try to decide to invest in a project. I kinda feel the scam project will have gone forever when people take DYOR as their responsibility. I hope scam project will disappear soon.

[sfireman]

The issue with bounty campaigns now is that it is getting difficult finding one and those few good projects that decided to do campaigns do not have signature campaign or that the budget is very low. Good projects now a days are getting their money from private investors or go straight for IEO no need for promotion because exchange would do that for them

That's so true. Bounty campaigns nowadays don't have a huge budget like those back in the past. Furthermore, the number of bounty hunters is increasing so fast while the number of bounty campaigns doesn't grow. New projects right now usually skip the promotion step and go straight for IEO! The low-paying-reward leads to the desperation of many bounty hunters and some of them already left the market.

[Savemore]

The new projects are keep failing one after another and for me it is expected because ICOs are now dead and many people do not want to patronize now new projects because of the risks. I experience to get scammed before because I thought it is a good project and it is the reason why I avoiding now to participate in new projects.

[tabas]

The problem is still same, raising money without any effort. When they have money, why would they continue to work? It is so easy to let the project dead and keep the money. There is no authority or institution that would help investors with a legal action. 

The projects know it that there will be no government entity that are willing to help the victims. But once taken action, they will get what they don't want to. Just like those projects that were reported and SEC took action and helped those victims, they caught the developers and owners of those projects.

[miklesm]

Agreed, the majority of new projects choose listing on small Exchanges instead of Binance, Huobi etc. It often shows the low level of such project.

[memed97]

That's so true. Bounty campaigns nowadays don't have a huge budget like those back in the past. Furthermore, the number of bounty hunters is increasing so fast while the number of bounty campaigns doesn't grow. New projects right now usually skip the promotion step and go straight for IEO! The low-paying-reward leads to the desperation of many bounty hunters and some of them already left the market.

Yes, and it is also very reasonable because every year the conditions are always different in the realm of projects, there were many quality projects with large allocations and investor confidence too much so that the project can easily find success, if for the number of hunters in the past with at this time I think there is no difference in terms of numbers.

[jcpone]

To be honest as an individual bounty hunters here in the forum, it means you are ready to face the possible consequences in each campaign projects. Because most of them are definitely not legit though none of them wont say they are not legit, of course not! instead, they do everything to hype everyone to support their project and make promises too to hit their target fund in the end.

[SyndicateLabs]

It is very difficult for you to see the bounty listed at big exchanges like Binance, Okex, Huobi ... They are big projects so I think they do not need to promote it with bounty and airdrop. Btw I recently saw the bounty of ATTN, but it was canceled because this project was fake. Okex discovered it

[Emitdama]

Since I've ranked up to junior member I decide to start my bounty hunting journey and after spending hours on bounty section on this forum I was shocked that no single bounty is of high quality and worth my time, all I see is projects going for crap exchanges like ChainX and another one called leadwallet that wants to raise fund using ChainX and all team members are Nigerians, really? And many members are promoting such project? The good projects are over or I'm missing something?

Aren't there bounty projects that list on gate.io, binance, okex, huobi ? ChainX, p2pb2b, exmarket and others like these exchanges will only drag the project down, are bounty hunters blind or just too stupid to do research?

This has been happening from the very start. You got to be smart in choosing a good bounty campaign project. The number of good campaigns are very few as compared to the fraud and scandalous ones. Also, the ongoing covid-19 situation has dropped the economy of many countries, so it has limited the number of projects that are being launched at the moment.

Many projects are at halt and are waiting for the market to settle down and for the right now. Also, I don’t think its right to defame a project if it doesn’t meet your expectations. A project you call crap today can be a huge deal in few days so never underestimate something. Although I agree with your point that everyone should do their own research before investing their time and money in anything.

[LeepNetwork]

Since I've ranked up to junior member I decide to start my bounty hunting journey and after spending hours on bounty section on this forum I was shocked that no single bounty is of high quality and worth my time, all I see is projects going for crap exchanges like ChainX and another one called leadwallet that wants to raise fund using ChainX and all team members are Nigerians, really? And many members are promoting such project? The good projects are over or I'm missing something?

Aren't there bounty projects that list on gate.io, binance, okex, huobi ? ChainX, p2pb2b, exmarket and others like these exchanges will only drag the project down, are bounty hunters blind or just too stupid to do research?

DeFi, DeFi is happening

[WalkerIVIV]

True. There are lots of good projects way back year 2018. Investors have full trusts on projects and cryptocurrency that time is booming. Today, there's a bigger percentage of scam projects.

It's not so big as 2018 or 2019. This year it looks like newcomers aware about what they should to and the old investors or players were still spreading the more awareness to prevent the scam project.
The ecosystem become even mature this year.

[jostorres]

That's tough, coming from a Jr member I'm impressed, yes you are right that many new bounties are just crappy right now, the best ones are already over like Cartesi or Alchemy but have you take a look at Relictum Pro? They accept Jr members I think and secondly you should look at Olportal bounty too, they are going Okex exchange, though no signature campaign but others like social and content are available

I know right. There aren’t many legit campaigns available for junior members. If you rank up to member or above, then you have the opportunity to earn some amount that’s considerable. At the moment I don’t think there is any signature campaign that accepts the entry of junior members and there are very few other bounties that are worth it.

One should focus on ranking up by posting quality content instead of joining bounty campaigns at this moment when your rank isn’t that high. You could always join when you find a potential campaign.