The bounty scam will gradually go away

[nikki4]

bounty scams will always be on this forum and scamerrs are always around us. so stay alert. as bounty hunters we can still avoid it by not promoting suspicious projects. use your time well and get out if you think the project you are promoting is suspicious.

Not only scammers around us, legit projects also but not in legit ways. The Legit project also doesn't want to distribute their coins. Still, I don't have any clue why and how these projects change their rules after the complete funds rise. Like PayAccept didn't pay the bounty manager but still this forum supports it.

[Cekerula]

project scams will always be around, let alone the crypto industry is full of money. Yes, I do agree that Twitter bounty payments in BTC are popping up and I believe one of the main reasons it works even now is because some trusted managers here are handling it. like Hhampuz & Yahooo62278

[Bitstar_coin]

It seems that this issue has been discussed several times, but until now there has not been a good system to get rid of fraudulent projects, even until now I still find fraudulent projects in the gift thread, there are even projects that have no capital. and dare to run it, far compared to the previous year ..

I hope this is not nonsense and is really done to eradicate fraud smelling projects ..

And there will never be, this is just the reality, remember people want decentralization where there is no regulation or control, so just take it as the price you pay for a decentralize space, projects are free to enter and exit the market at their very own convenient, if you want a good system to be introduce to get rid of all the fake and scam project then it means you will accept regulation and control, because any project is not accountable for their actions is the reason why you see this many scam, project scam investors and hunters alike, this is like a battle field, survival for the fittest.

[Jeger.Kiting]

It seems that this issue has been discussed several times, but until now there has not been a good system to get rid of fraudulent projects, even until now I still find fraudulent projects in the gift thread, there are even projects that have no capital. and dare to run it, far compared to the previous year ..

I hope this is not nonsense and is really done to eradicate fraud smelling projects ..

And there will never be, this is just the reality, remember people want decentralization where there is no regulation or control, so just take it as the price you pay for a decentralize space, projects are free to enter and exit the market at their very own convenient, if you want a good system to be introduce to get rid of all the fake and scam project then it means you will accept regulation and control, because any project is not accountable for their actions is the reason why you see this many scam, project scam investors and hunters alike, this is like a battle field, survival for the fittest.

If the system can be changed I am sure that it will return to the way it used to be, if all there is a will and even now it will be fine, indeed the fraudulent project has been around for a long time but do you think, if the current project is prioritizing for its own pocket compared to raise the bounty hunter / investor community, even if there is testing in advance or using Escrow, for a bounty project that wants to promote in the bounty thread, must have sufficient capital or have a trustworthy team.

If you see the reward thread as a battle arena, then your thinking is not very broad, at least there is prevention even though it is very difficult, but it's better to give action even if not at all ..

[Cadaver20]

I agree with you that the bounty scam will be reduced gradually. Some of our forum members are fighting against scammers constantly. But we must be alert all time. Because scammers will not sit still. They are always trying to find new ways to scam people. At present their preferred way is DeFi projects or ICO. So we have to be careful about this.

[South Park]

I don't see how bounty scam will gradually go away because not all project team are sincere or have reputations to protect, this have make bounty hunters to have less respect in crypto space, new projects seek for bounty hunters to create awareness for their new projects but when it comes to paying they show their real colors.


The only solution to bounty scam is escrowed and this is only what good bounty platforms or bounty managers should introduce to atleast limit disappointments of not getting paid

Escrowing the funds could be the best solution but if the owners of the bounty campaign are holding the escrowed funds then we are facing the same problem, so we need a third party to escrow the funds but as long as bounty hunters keep accepting terrible work conditions for themselves this is never going to happen, I really think people need to stand up and defend themselves and if a bounty campaign does not offer some minimum conditions then people should not join it.

[lumeire]

I agree with you that the bounty scam will be reduced gradually. Some of our forum members are fighting against scammers constantly. But we must be alert all time. Because scammers will not sit still. They are always trying to find new ways to scam people. At present their preferred way is DeFi projects or ICO. So we have to be careful about this.

Bounties will still be there, all the Scammers are trying out these Bounties as a means of getting free advertising as once they will be finished with the project then these Scammers will not be paying the participants any money because the same has actually happened here in the past as well. So the same can happen in the future as well don't you think?? I just hope that these scams going on in the name of DeFi will be reduced in the future.

[carlfebz2]

I agree with you that the bounty scam will be reduced gradually. Some of our forum members are fighting against scammers constantly. But we must be alert all time. Because scammers will not sit still. They are always trying to find new ways to scam people. At present their preferred way is DeFi projects or ICO. So we have to be careful about this.

Bounties will still be there, all the Scammers are trying out these Bounties as a means of getting free advertising as once they will be finished with the project then these Scammers will not be paying the participants any money because the same has actually happened here in the past as well. So the same can happen in the future as well don't you think?? I just hope that these scams going on in the name of DeFi will be reduced in the future.

Expect the unexpected yet this would surely happen in the DeFi market where scams would become common just like on what happened into ICO.Scammers will be scammers and once they do able to spot out
on making money by scamming then they will surely jump into the trend.

Its hard to believe that scams will gradually go away yet as long this market involves money then do expect for these criminal minds to exist no matter what.This is why we should really be careful not only
to those investors but also even on to those who do bounties.

Its hard to spot out a legit project yet majority of them are on the same scheme, they look legit but they are totally garbage in the end.

[cute nmp]

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.

[xOdiumNostrumx]

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.

A thorough due diligence from bounty managers is definitely a big step in the right direction, but this wont completely eliminate fraudulent bounty campaigns. There will always be bounty managers that will ignore certain red flags just to earn some additional income, there is no way around it, it is on campaign participants to weed out those bad apples.

[ije07]

yeah at least that's not bad, rather than promoting some of the twitter campaigns out there and not necessarily even paying you. i saw there are many bounty hunters taking part in twitter campaigns in the service section and it is good because the payment is using BTC.
On the other hand, I think the Scam project will not disappear, which is for sure the scamers will always be around us, because Scammers already know that the crypto industry is a place where they can make money easily but in the wrong way.

[pandanaran]

project fraud will never go away in this industry as long as there are bounty hunters in it. they use this forum as a free advertising service for their project. and bounty hunters one of the middlemen to promote their project. So, I don't think that project fraud will disappear completely.

[LogitechMouse]

~

You're title is kinda misleading TBH.

You are saying that the bounty campaign scam as a whole will gradually go away but in your post you are just saying social media platforms that are being used in the campaign.
Now regarding to what you are saying. Bounty scams will always be there. The only reason that I see that will cause these scams to get removed is to remove the bounty campaign as a whole.

[Insomnia family]

yes.I think slowly the trend will change and campaigns will have to pay real money to hunters for the work done. be it using btc or any other stable coin then it will be worth the bounty hunters' efforts to promote their project.

[Reid]

project fraud will never go away in this industry as long as there are bounty hunters in it. they use this forum as a free advertising service for their project. and bounty hunters one of the middlemen to promote their project. So, I don't think that project fraud will disappear completely.

Which means the initiative should come from the bounty hunters first.
If they will not just advertise anything that is listed in the bounty section then we could minimize the incoming frauds.

We can see bounties in millions of dollars that are too good to be true and yet there are still hunters joining it.
That is too obvious.
I don't know if its a lack of observation or they really need money in this pandemic. But, they won't even get a penny out of it.

[slashz9]

Not even until we get the right way to avoid it for sure so far by escrowing payments to the manager, so the prizes of the hunters are held by the bounty manager, to avoid the team that always postpones payments when the bounty is over.
the rest is the same, many self-promoting projects then disappear and don't pay off.

[Pithaxz]

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.

[panganib999]

Bounty scam will not go away as long as there are hunters that are willing to join even if the project is an obvious scam. But it is good to see that there are now social media campaigns that are bitcoin paying. Though we already saw that before, but seems, it is going back again. The good thing is that the manager handling that campaign does accept btc and not token or unknown alt. That is also for the welfare of the participants. At least, they are sure that they are getting paid with valuable coin rather than worthless token that is not yet listed in an exchange.

I agree. Bounty scams will never go away just that fast and seamless as long as there are members that are patronizing bounty campaigns even most are already obvious scams that are trying to lure new members to get an engagement with them.

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.

Yes. We literally and sincerely hope for that thing to make happen but it seems like too impossible to be done because there are still people who creates or developes fraudulent projects and scam people that are not yet familiar in this industry.

[jdnthny]

Bounty campaign and bounty managers are really now evolving in terms of the beneficial effects to all the hunters. We cannot really tell whether a project is a scam or not but at least with this way of method it lessen and somehow eradicate the bounty scam projects.

[mr.smith]

Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.

Only few projects are doing that and mostly gambling sites and news aggregator I love to see projects coming crowdfunding but unfortunately I have not seen one doing that and if one start the trend I don't think others will follow the lead, they don't have money they just rely on crowdfunding.