The bounty scam will gradually go away

[South Park]

Everyone always hopes that there are no fraudulent projects on this forum but it will never happen. fraud is always rampant, we don't even know that scammers are around us. but as a bounty hunter you can still avoid reporting allegations of the Scam project and warn people not to get involved in it either.

People really need to begin to use their head, if a bounty campaign is offering to pay with their own coins and they are not escrowing the funds then you are taking a huge risk, and in many cases even projects that on the surface seemed like good projects end up trying to scam their bounty hunters as they decide to reduce their reward to one tenth of what they promised initially and this is completely unfair after the bounty hunters worked for months and then they are treated with such disrespect when they were crucial to make the project a success.

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[EmmaGod]

I'm personally of the opinion that things would get better in the cryptocurrency space and most of the issues we face would be history in no distant time. Bounty hunting will regain her lost glory. As you writely said, twitter bounty being paid in bitcoin is a step in the right direction and we may start having other social media added to the position.

[lienfaye]

I'm personally of the opinion that things would get better in the cryptocurrency space and most of the issues we face would be history in no distant time. Bounty hunting will regain her lost glory. As you writely said, twitter bounty being paid in bitcoin is a step in the right direction and we may start having other social media added to the position.

Scam bounty wont go away and will continue to exist.

However we can lessen these kind of projects if we dont let ourselves to be one of those hunters to promote their project.

They are continuous to their bad deed because they can fool people with their to good to be true promises of innovation and rewards.

[Pgilbert]

Nowadays people are doing some good research before jumping in any kind of bounties, it's lot of bad projects and we are learning how to avoid it.

[Gotumoot]

Why not let the bounty hunter choose for their reward? If we truly want the bounty scam to end then I think they should start paying us with crypto that is already listed or give us a choice if we want to receive their token/coin or any crypto that is already listed on exchange.
I know that this isn't how things work but why not implement it by the bounty managers to secure payments for the hunters?
They could at least buy back half of the bounty allocation and reward the hunters with half of their token and half of a crypto that already have a value.

[GreenStox]

ok hope it goes well in the futurebut I think the scamer still exists because they will always take advantage of the situation so they will continue to roam, you just need to avoid it because eliminating scamer is very impossible, because there are so many.

[bitcon]

Nowadays people are doing some good research before jumping in any kind of bounties, it's lot of bad projects and we are learning how to avoid it.

Previously, it was possible to promote a project with a bounty, but now I cannot name very successful projects that started this way. Many admins just need to get the hamsters to buy their token, and earn money. Some organizers simply don't care about their token.
But still you can find 10% of true guys that promoting nice project!

[bakasabo]

Why not let the bounty hunter choose for their reward? If we truly want the bounty scam to end then I think they should start paying us with crypto that is already listed or give us a choice if we want to receive their token/coin or any crypto that is already listed on exchange.
I know that this isn't how things work but why not implement it by the bounty managers to secure payments for the hunters?
They could at least buy back half of the bounty allocation and reward the hunters with half of their token and half of a crypto that already have a value.

To be able to pay in already listed crypto, the projects needs to already have great funds. Because for them, paying in already traded altcoins means having expenses. Most of projects cant afford that, because the goal of bounty is to attract investors and funds to the projects. It is like you are starting a business, want to get money and already having losses. Most wont even try to start in that kind of conditions.

But if the project pays in their own altcoin. His only expense is transaction fee. Their own token cost them nothing, they dont have value. They dont lose anything.

Escrowing funds by bounty manager might be a solution for this, but this not always work well. For example bounty detective and julerz12 usually escrow bounty funds. But they spend their own funds on transaction fees, and try to get them back from team. In other words, they are sponsoring bounty distribution with their own money and risk not getting them back.

[Salauddin1994]

They usually scam more when it comes to transaction fees and exchanges but the impact is much less in fact it is much better for every trader as long as there are crypto scammers they can never be completely controlled bounty projects will be much better if they move slowly. The quality of the projects will increase a lot.

[Lerikaweb]

I think that bounty hunters dream of a magic button they could press and find out whether a project was a scam or not) If fraud in this sphere could ever stop, there would be more trust to icos and defis)

[shoreno]

I think that bounty hunters dream of a magic button they could press and find out whether a project was a scam or not) If fraud in this sphere could ever stop, there would be more trust to icos and defis)

how they wish there were such thing because the path that they gonna enter was not easy  . defi's are just new but we can say that there will be more trust on the late ico's if there are no or less frauds on this space .

sad to say its over , ico's reputation were painted so bad that it cost his own life now we are now on the defi era and we are now on the phase were defi are slowly failing away  .  its not just the bounty hunters that are affected on this game but also investors .

[bitcoin-shark]

I did not know about these new twitter campaigns that pay in bitcoin, but I think it is equally easy to make a scam both here on the forum and on twitter, of course I also hope that the many scams in bounty campaigns decrease drastically or disappear forever

[Mpamaegbu]

Bounty scams will gradually go away but it will take time.The bounty managers should make proper investigation about a project before promoting it and on the other hand bounty hunters should also make their own research before joining any campaign to avoid promoting scams.

Frankly, I do think the greater task lies with hunters than it's with managers. Remember that managers are also humans and are prone to errors too. That a trusted bounty manager decides to run a bounty doesn't mean that the project can't scam. In fact, I have seen where reputable bounty managers here have handled bounties that later scammed. These managers never knew those bounties would scam, trust me. But it happened that way. So, I think hunters should always do their due diligence before enrolling in any bounty. I just saw one bounty now with promising project on DeFi (of course, DeFi is the main trend now) but I refused to enroll. Why? Because the BM is a newbie account. Accounts like that can easily scam or abandon hunters to their fate after the bounty has ended without minding any backlash. You destroy the account by tagging it, the owner creates a new one and continues scamming hunters.

[erikoy]

The scam is always there but I do see an improvement in the forum like users now can tag red trust to those who promote scam activity and also users now are avoiding to manage a project due to red trust that might get in promoting the scam project.

Aside from that the forum has also labeled on top of the thread that states awareness especialy if project had been tag for ita reputation. Or project is just being copied and paste by other projects and just change its name.

[hakertajniak]

Wow, it is very nice to have paid in btc by joining and participating on twitter campaign only.
What i know, the signature campaign is only the campaign that pays btc to their participants.
About bounty scam, i think the reward should be escrowed so it will give the guarantee of the payment and won't become scam campaign.

[bits4books]

You should always remember and never forget - the more effort is directed at fighting fraud, the more sophisticated methods of opposing you and conducting such a schemes will appear.
Even 10 years ago, people were led to "letters of happiness" more often than you go to the store. Do you think they're gone now? No, they just became much more cunning, smarter and more diverse.
Do not think that this can be won over a long distance and remember that a small victory over garbage today does not mean victory in the war against fraud forever.

[aryana42]

Wow, it is very nice to have paid in btc by joining and participating on twitter campaign only.
What i know, the signature campaign is only the campaign that pays btc to their participants.
About bounty scam, i think the reward should be escrowed so it will give the guarantee of the payment and won't become scam campaign.

Yes, but if you go to a service place in this forum, you will see a twitter campaign that pays participants with BTC and the manager is also very trusted and many also hold signature campaigns with BTC paid which are always paid on time, meaning that such campaigns always have escrow in terms of the payment.

[weborsha]

You should always remember and never forget - the more effort is directed at fighting fraud, the more sophisticated methods of opposing you and conducting such a schemes will appear.
Even 10 years ago, people were led to "letters of happiness" more often than you go to the store. Do you think they're gone now? No, they just became much more cunning, smarter and more diverse.
Do not think that this can be won over a long distance and remember that a small victory over garbage today does not mean victory in the war against fraud forever.

100% agree! Fraud schemes evolve much faster that anti-fraud regulations do)) there will always be a lot of cheating in crypto sphere. We should be very careful about what we do and where we enclose our personal data.

[South Park]

Nowadays people are doing some good research before jumping in any kind of bounties, it's lot of bad projects and we are learning how to avoid it.

How I wish that was true but I do not believe that for a second, bounty hunters for the most part decide to promote as many projects as possible with the idea that at least one of them should provide good profits, this means they do not care about a few of the bounty campaigns in which they participating turning into scams as long as they can make big profits with one single project and as long as that is their mentality then they will keep joining every single bounty they can and waste their time that way.

[MainIbem]

Bounty scam will not go away as long as there are hunters that are willing ...

Newbies have no experience so they jump into campaigns they are not very sure of. even older members sometime do not distinguish a scam campaign. So scam campaigns will take a very long time to go away.