ClipX steals KYC data and shuts down

[lienfaye]

I received an email from ClipX and saying that my KYC data was deleted for me it was a relief.  

Next time don't ever join a bounty which requires sensitive info like that for you to be safe when things get f*cked up. Or much better if you will finally stop chasing sh*tcoins.

When he joined ClipX bounty campaign under Bounty Detective management, it was mentioned in rules that passing KYC is not necessary. So he joined bounty without any allusion it would turn to be scam.

But what he did wrong, was to pass KYC when bounty ended. Team asking to pass KYC to get bounty reward is the first sign of scam. He might still continue "chasing sh*tcoins", as according to Does bounty still kind of worth on 2020?, bounties still can be profitable. But one must really dig in to find a gem.

Asking for kyc at the end of the campaign (despite its not in rules) just to get the rewards are really shady. Now you're turn to comply or forget your rewards, but ask yourself if this project is worth to give your details in order to get your rewards.

We know its not easy to find a good project as well as not easy to earn but dont risk your personal details for a small amount and still not certain if they will really give it or if it has value once become listed in exchanges.

[bakasabo]

It's already a sign of scam but he won't accept it and he still believe that the project was still legit so he continue doing a kyc but unfortunately the suspicion of scam is really true.

It is really funny because the whole idea of ClipX was silly. In short, what ClipX really wanted to be? Another clone of youtube basically. Where users pay for watching content without ads. Even free-to-watch youtube clones die. But they wanted to create a paid one, and raise funds via token sale? So they have only the idea and not working project? And people believe in this and agreed to pass KYC.

*sigh"

[BayAngelo]

i participated in Clip X airdrops and they made it clear in the airdrop that they will demand for KYC. I pulled out from the airdrop because of the KYC. when they launch their bounty with bounty detective, i sense there will be a misunderstanding due to the KYC issue and it happened. they requested for KYC after Bounty and i pulled out again.

[Greatdev]

The ClipX project, another bounty, managed by the Bounty Detectives' team early today let down bounty hunters gently in what seems a soft exit by announcing that it would no longer continue with the project. The announcement was made here: https://t.me/clipXchannel/13

That was after it had cunningly collected KYC documents from hunters (even though that wasn't explicitly on the bounty thread). ClipX insisted it was going to be a passport document for KYC or nothing. It was really a suspicious move but anxious hunters neglected it. Why ask for only a passport for KYC and not any other document.

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Anyone else got any advice for bounty hunters, especially the noobs among them?

1. Escrowed bounties are still not that common today
2. Not all escrowed bounty projects are safe, you can still get cheated or scammed
3. The best advice is to follow bounty managers that are very reliable ,high reputations are very important to BMs like Bubbalex, Hhampuz etc
4. The Main problem about bounties are inexperienced bounty managers, they are the right cure standing between promoters and the project team

[Lycan70]

This is hard to the ones who already submitted their documents. Bounties nowadays are not so lucrative and having to subject to kyc for some start ups is kinda scary.

[skarais]

1. Escrowed bounties are still not that common today
2. Not all escrowed bounty projects are safe, you can still get cheated or scammed
3. The best advice is to follow bounty managers that are very reliable ,high reputations are very important to BMs like Bubbalex, Hhampuz etc
4. The Main problem about bounties are inexperienced bounty managers, they are the right cure standing between promoters and the project team

While uncommon, some bounty manager have been doing it for a long time. Escrow is necessary to secure payment for all participant and seem fair to everyone. There are many complaint coming from bounty hunter that they are not being paid as promised during the campaign, which is not very good to sustain. Although the fund held by the escrow (token or coin) do not necessarily have a price, at least the participant has received a guarantee from the manager or escrow to be paid.

All bounty hunter must consider all aspect before they join the bounty. Reliable manager often manage good and potential campaign. They carry out due diligence before inviting participant to promote, and BM positive reputation is believed to help many bounty hunter find potentially successful project.

[amonymous]

I know this bounty rules 'not kyc required' then why later finish bounty team want kyc system. I can say that the project team here has implemented the kyc idea to cheat because the hunter will not get their token. However I was skeptical of this project from the beginning so i did not participate in their bounty.

[Ezravdb]

Very very disappointed to hear the news that the Bounty participants were victims of project fraud.  But this is not the only Bounty participants have become victims of fraudulent projects, because previously there was a Jinbi project that ended in fraud where the Jinbi team was able to take many personal documents of Bounty participants when participants had to pass KYC to receive tokens.  I agree with the opinions of friends above we should not participate in Bounties with KYC requirements.  Forget about the Bounty with KYC requirements

[Mealea]

I still don't know why some bounty hunters are still giving out their details just to get rewards that are less than nothing, it is high time for hunters to learn their lesson. I cannot give out my details for anything, not even now that the rewards of bounty hunting are nothing to write about. Bounty Managers should also stop taking projects that require hunters to do kyc.

[coupable]

Bounty manager BountyDetective lost his reputation because of what happened with ClipX. He should be aware next btime before working with unknown project.
Just Yesterday, he started a one month bounty campaign promoting his service (claiming to be a gift for participants who joined shut down project bounties managed by him) :  🔴[BOUNTY DETECTIVE]🔴 BOUNTY - $5000 WORTH OF BNB REWARD POOL 🔴
And with the same mistake to not escrow the pool amount dedicated for the campaign :

1. Bounty campaign will be managed by Bounty Detective.
 
2. $5000 worth of BNB are to be divided according to the stakes accumulated amongst selected participants.

3. The bounty program has been launched on 12.10.2020 and will run until 20.11.2020.

Note: i) This bounty campaign has been launched in order to better gift participants who joined shut down project's bounties; Kingcasino, Clipx, Blobflow, 1st trade, Cerviero and Carbon Offset.
        ii) The reward distribution of this Bounty is guaranteed by Bounty Detective.

[Salauddin1994]

I think those who manage these projects should manage the projects with a little caution most kyc projects are scammed i also joined clipx but during the bounty there was no such condition that kyc is mandatory but they change their rules. This is a new strategy to scam them it's better to stay away from such sites they do not reward anyone and close everything when most bounties are over.

[khiholangkang]

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Anyone else got any advice for bounty hunters, especially the noobs among them?

I agree with point No. 4
Currently, there are so many bounty managers who only care about themselves and their team, regardless of the safety of their hunters. Therefore doing research first is very important.
View from the easiest such as website views, teams, partners, and white papers

[Kupid002]

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Anyone else got any advice for bounty hunters, especially the noobs among them?

I agree with point No. 4
Currently, there are so many bounty managers who only care about themselves and their team, regardless of the safety of their hunters. Therefore doing research first is very important.
View from the easiest such as website views, teams, partners, and white papers

Even how good you are in searching its hard to avoid scam campaign ,mostly now that there are a lot scam project that we have here  . Other problem also is the late announcement of having a KYC ,which they make it mandatory when the campaign is ended already, which is wrong .There are a lot hunters afraid to give thier personal data to a website or project owner  so instead of claiming it ,if the project asked for mandatory kyc they leave and forget about thier payment instead.

[Google+]

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Anyone else got any advice for bounty hunters, especially the noobs among them?

I agree with point No. 4
Currently, there are so many bounty managers who only care about themselves and their team, regardless of the safety of their hunters. Therefore doing research first is very important.
View from the easiest such as website views, teams, partners, and white papers

I think if that happens then it is our own risk and it can be a risk of the steps chosen, but I have suggestions for bounty campaign participants so they can avoid scam projects so we can give suggestions to secure allocations for the participants. bounty campaign participants first, after that it can be shown that the allocation has been given and payment for the participants will definitely be given so that it will not disappoint the participants.

[Byakuga]

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Anyone else got any advice for bounty hunters, especially the noobs among them?

I agree with point No. 4
Currently, there are so many bounty managers who only care about themselves and their team, regardless of the safety of their hunters. Therefore doing research first is very important.
View from the easiest such as website views, teams, partners, and white papers

We both know that only very few bounty managers cares about reputations but one thing is very certain here, such bounty managers will always be respected in this space, I'm presently promoting a bounty project from Hhampuz, I would have easily turn away but this BM has very big reputation on this forum, more than that of bubbalex, I wish we will see more bounty managers like bubbalex and Hhampuz in future.

[mdzahed134]

ClipX insisted it was going to be a passport document for KYC or nothing. It was really a suspicious move but anxious hunters neglected it. Why ask for only a passport for KYC and not any other document.

My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.

Yeah, when they're asking only specific personal documents that's definitely suspicious, i never seen any project where just passport is only option for submit KYC. Another things a lot of hunters will never meet this requirement. I following number 3, but we didn’t get enough projects from trusted bounty managers. Even though also mostly reputed BM's cannot managed escrowed campaigns.   

[TWW]

Very interesting, but I believe there must be further confirmation regarding the reason for the discontinuation of the project and its handling both from their official channels and from the Manager in charge of it.

why wait for confirmation of their project terminated? they intended to cheat, so there was clearly no need to expect anything more from a project like that. BM handled too many projects at that time, and we can see, the handling would not be optimal, especially if there were problems like this. communication with the project team clearly did not go smoothly.

[Strotman]

Well, the most reliable is the use of escrow when conducting a bounty campaign. Although there will not be a 100% guarantee. The project can refuse tokenization altogether and distribute money to investors.

[H1N1]

Bro, i think the clipx team said they already deleted the hunter's KYC data.
Although we don't know for sure they really deleted those data or not, we should confirm with the team again.
It is dangerous to submit our identity docs especially passport indeed, therefore we shouldn't join the campaign that requiring the participants to submit the passport document.

[jdnthny]

This is a very good advise to each and every one of us knowing that we cannot really eliminate and eridicate this kind of scam/fake bounties we just really need to be wiser and be more intellectual in looking for a legit bounties.