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Author Topic: List of bounty projects that end in a scam or void bounty agreement  (Read 1113 times)
Coyster
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May 21, 2020, 02:08:56 PM
 #41

Damn, I'm almost thinking of participating in Karatcoin but now see this thread. Thank you for saving my time or else it would be waste. I wish we could have a master list kinda like this thread so newbie can check-up before wasting their time.
There are new scam/shitcoin projects presented everyday, a list or thread of this scam projects wouldn't cover all this projects, there will still be so much more not included In the list that'll be a scam project. You can just stop investing in them, or you can DYOR, though even after a research many times, you could feel they are legit, but they turn out not to be, the former may just be the only option imo.
I don't know anything about blockburn but I joined in their campaign though.
If you do not know anything about a project, you haven't done a research to get information on the team or if they have any shady history with investors or bounty hunters, then you should not join such campaign, only if you don't mind either wasting your money/time.

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May 21, 2020, 03:18:53 PM
 #42

Blockburn, Insure, Leadwallet ... These are campaigns that have failed recently and don't make payments to bounty hunter. Obviously we have too many scam projects and it's impossible to list them all
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May 21, 2020, 03:29:50 PM
 #43

Blockburn, Insure, Leadwallet ... These are campaigns that have failed recently and don't make payments to bounty hunter. Obviously we have too many scam projects and it's impossible to list them all
Leadwallet? I don't like that bounty projects because the team aren't professionals to me, the website is junkie too, they are Africans looking for money is all I see, I'm not so sure about insure but blockburn was confirmed scam by many bounty hunters, it's really a shame what bounties are becoming

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May 21, 2020, 04:20:12 PM
 #44

Blockburn, Insure, Leadwallet ... These are campaigns that have failed recently and don't make payments to bounty hunter. Obviously we have too many scam projects and it's impossible to list them all
Leadwallet? I don't like that bounty projects because the team aren't professionals to me, the website is junkie too, they are Africans looking for money is all I see, I'm not so sure about insure but blockburn was confirmed scam by many bounty hunters, it's really a shame what bounties are becoming
Why do you think that, they are Africans but maybe they are good people and try to create a good project. I checked this project, they implemented IEO at shit exchange and now they have paused it. Hopefully in the future they can implement IEO in better exchange

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May 21, 2020, 04:32:21 PM
 #45

Blockburn, Insure, Leadwallet ... These are campaigns that have failed recently and don't make payments to bounty hunter. Obviously we have too many scam projects and it's impossible to list them all
Yes, that's right, and I see there are still a number of bounty campaign projects that haven't made payments to bounty participants to date, one of which is swapzilla, even though the team has set a date for its distribution, but that can be changed again.

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May 21, 2020, 08:47:10 PM
 #46

Almost all the projects void agreement. If you look at recent one of the supposed to be good campaign GEOA Dao, they had promised to pay within one month of the campaign gets end but they still did not pay the whole reward.
That bounty campaign was managed by julerz12 if I'm correct, that guy hardly go back on his words, he is a very trustworthy bounty manager, but I hope you are aware that Geoma Dao bounty has KYC ?
It has no KYC requirements at all and that was one of the reasons I had joined them. I know julerz12 to be a very trusted and professional bounty manager. I had chat with him too. But this is something different. The project owner can not spend the GAS fee which is really an excuse (guessing). It is not julerz12's fault.
Thankks for the explanation and i also want others to understand that most bounty that turn out to be scam are not usually the fault of the bounty manager. However, i need you to mame it clear so i can understand you about the Geoma project, does they pay the bounty hunters? Is the project scam ? Cause i need to update the OP page.

The thread was created to do some clarification and update information about the project especially those projects listed among the link you provided. Besides, i believed you haven't heard what was said about Block burn which was list by the OP of the link you sent and like i have said earlier some project cant be known as a scam until the whole thing happen
Even if you think the blockburn is scam/fake project and should be excluded from safe bounties, why not post it in that's thread, explaining about your opinion and proof or you can send him PM rather than creating useless thread?. As I said before... you need to lists all scam, potential scam, and void agreement project from bounties section, not only 9 project.
Thank you for bring this up and I will inform the OP of the thread you mentioned. With that been said, if you read the OP page of this thread you should know that the 9 projects listed is just the beginning so dont jump into conclusion.

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May 21, 2020, 09:49:03 PM
 #47

I don't know the purpose of this thread that discusses the bounty that ended SCAM because discussing projects that ended scam will not do any good, it is better to discuss projects that have just been launched but have indications of scam. it is like prevention and can help many people

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May 21, 2020, 11:07:54 PM
 #48

Blockburn, Insure, Leadwallet ... These are campaigns that have failed recently and don't make payments to bounty hunter. Obviously we have too many scam projects and it's impossible to list them all
As far as I know, Blockburn only delayed payments for 3 months from the schedule it was supposed to. If they keep their promises, the distribution will be done in June, we just wait, whether it will be real or there will be other delays. Roll Eyes

I don't know the purpose of this thread that discusses the bounty that ended SCAM because discussing projects that ended scam will not do any good, it is better to discuss projects that have just been launched but have indications of scam. it is like prevention and can help many people
At least we can learn that not all bounty campaigns are legitimate. Even though the product is good, a good team, already traded in the market, has the potential to be a scam. So, we must do an analysis and be prepared to face all risks gracefully.

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May 21, 2020, 11:41:25 PM
 #49

Essentia is actually not a scam because in the past the tokens were valuable and some of participants got paid from bounty campaign, only that the project is now on the verge of death due to loss of volume and price decline which is quite severe and also many of their roadmaps are delayed.
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May 22, 2020, 02:30:45 AM
 #50

Gas fee! How big is the gas fee to send participants reward that the project owners can't afford! This is really an excuse like you said, if the project is that trustworthy,  I don't think gas fee can be the barrier to send reward, except intentionally they don't want to do it, which ofcourse is no longer news with bounty campaigns and reward payment.
May be they are not sharing the truth, may be they are. I have seen in their telegram group that the company behind the project is bankrupted. They are now trying to collect fund for starting the project. The required gas fee is not big. I wonder why julerz12 did not escrow the fee too. Anyway the project seems dying soon.

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May 22, 2020, 05:41:18 AM
Merited by Jawhead999 (1)
 #51

~snip
Hi there I received your PM. Im aware of the allegation on blockburn, it was indeed listed on my thread but as far as you know, the issue resurface after the campaign was ended. But prior to that or in the middle grounds there is no such issue during that time. I dont know what you want me to do, since its done already should I removed that considering its on the ended list already? Making a note would be fine but as my latest update, they delay the payment for hunters which is not good but until proven that they will really not pay is probably a signed of scam. They are still trading on the market right but with a very low volume.

Probably @cryptoaddictchie is not updating the thread, last update is on May 6, 2020. But, that's just a recommendation for bounty hunters, not always 100% safe.
Thanks for quoting me. I dont find any good new campaign to add, but just updated some extension on my list. I'm not sure why some people complaining about my list campaign, which I already put a disclaimer that is not a 100% safe but at least they should do their own due diligence. Having a compile list of 100% legit is not attainable, Im not a super genius to offer them that. Anyways, she already pm me about the thing regarding blockburn. Honestly, I dont like the theme or concept of this thread. Better to report each and any discovery scam on an approriate section than making a shitlist that cant help. A warning about a new altcoin project is better than a proven scam which everybody late to realized that but its good as done. Money gone!

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May 22, 2020, 06:14:43 AM
 #52

Gas fee! How big is the gas fee to send participants reward that the project owners can't afford! This is really an excuse like you said, if the project is that trustworthy,  I don't think gas fee can be the barrier to send reward, except intentionally they don't want to do it, which ofcourse is no longer news with bounty campaigns and reward payment.
May be they are not sharing the truth, may be they are. I have seen in their telegram group that the company behind the project is bankrupted. They are now trying to collect fund for starting the project. The required gas fee is not big. I wonder why julerz12 did not escrow the fee too. Anyway the project seems dying soon.

Gas fee shouldn't be an excuse for why they haven't sent tokens to participants. If this is really their problem, then anyone that has a deal with them in one way or the other should be very careful.

If a project isn't coming out plain to it's community, then expect them to go down the rail.
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May 22, 2020, 07:29:23 AM
 #53

Blockburn, Insure, Leadwallet ... These are campaigns that have failed recently and don't make payments to bounty hunter. Obviously we have too many scam projects and it's impossible to list them all
Leadwallet? I don't like that bounty projects because the team aren't professionals to me, the website is junkie too, they are Africans looking for money is all I see, I'm not so sure about insure but blockburn was confirmed scam by many bounty hunters, it's really a shame what bounties are becoming
Been Africans doesn't mean they are bad people, I once looked away from a bounty campaign because the team are from Nigeria, the name of the bounty project is Ferrum and after few months the project became successful, they list in good exchange and the token has good volume too

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May 22, 2020, 07:30:42 AM
 #54

OP I think we shouldn't be talking about bounty projects that scam or cheat bounty hunters, this will only makes you look deep in the past and kill your present motives about bounty projects

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May 22, 2020, 11:58:58 AM
 #55

Blockburn, Insure, Leadwallet ... These are campaigns that have failed recently and don't make payments to bounty hunter. Obviously we have too many scam projects and it's impossible to list them all
As far as I know, Blockburn only delayed payments for 3 months from the schedule it was supposed to. If they keep their promises, the distribution will be done in June, we just wait, whether it will be real or there will be other delays. Roll Eyes

I don't know the purpose of this thread that discusses the bounty that ended SCAM because discussing projects that ended scam will not do any good, it is better to discuss projects that have just been launched but have indications of scam. it is like prevention and can help many people
At least we can learn that not all bounty campaigns are legitimate. Even though the product is good, a good team, already traded in the market, has the potential to be a scam. So, we must do an analysis and be prepared to face all risks gracefully.
Well, Blockburn's price has dropped a lot over the beginning. And if they make distribution in June, they will definitely need a lot of tokens to be able to reach $ 15k. They will certainly postpone it one more time
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May 22, 2020, 12:10:59 PM
 #56

I doubt that blockburn is going to matter in June because I'm pretty sure they will evade the bounty distribution again, whenever this type of trust less arose in any bounty project I ignore such project as if I never joined the bounty campaign, Cartesi did a very good job today but keeping their promise, all bounty hunters received their tokens successful

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May 22, 2020, 12:30:10 PM
 #57

Well, Blockburn's price has dropped a lot over the beginning. And if they make distribution in June, they will definitely need a lot of tokens to be able to reach $ 15k. They will certainly postpone it one more time

They wont distribute anything. They've already scammed lots of bounty hunters by removing them from campaign.

Take a look on their spreadsheet into twitter section's "Timestamp". I would never believe, that hunters joined the campaign only from March 16 - 18, when the campaign started in the beginning of February. One can say that these are verified accounts only. Then why there were only 3 days to verify participation and nothing about it was mentioned in the topic.

Bounty pull is $15k only, most of the campaigns allocates 20% with 200+ participants in. I just don't understand why blockburn bounty is so often discussed in the forum, when each hunter could receive $15-30 only? I understand if the projects pull was hundred of thousands and hunters missed an opportunity to earn $200+. But complain so much for not receiving $15-30, that's bs Cheesy


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May 22, 2020, 12:47:04 PM
 #58

It's totally useless if we just keep creating list of scam bounties rather than sharing tips and idea on how to recognize one. It won't be bad if you can help list some bounties with potentials.

Well, several tips on how to identity scam related projects have been provided on this forum if you have been following such topics. 
In another development, the list of scam projects are inexhaustible. Sincerely I cannot even remember the names of some projects I participated in that later turn out to be scam: ethereumbasic, multiversum, datablockchain and so on just to mention few.
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May 22, 2020, 01:59:57 PM
 #59

Blockburn, Insure, Leadwallet ... These are campaigns that have failed recently and don't make payments to bounty hunter. Obviously we have too many scam projects and it's impossible to list them all
Insure is a scam project. They stopped the bounty campaign and did not make previous payments. And for Leadwallet, this project has completely failed to implement IEO in Emirex. Certainly, bounty participants will never receive tokens from them
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May 22, 2020, 02:17:14 PM
 #60

I doubt that blockburn is going to matter in June because I'm pretty sure they will evade the bounty distribution again, whenever this type of trust less arose in any bounty project I ignore such project as if I never joined the bounty campaign, Cartesi did a very good job today but keeping their promise, all bounty hunters received their tokens successful
Cartesi is a project listed on Binance, so I doubt that they will have the guts to double cross the participants and also theit manager is very reputable and known to handle good projects unlike the manager of Blockburn that is provided by their own team. Good luck to all who joined the campaign. If you dont get paid, then just complained on the scam accusation or create any formal complain to them via email. They are listed on few exchanges perhaps those exchanges can be influence about the hunters case.



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