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Author Topic: Why don't you stop rushing to promote bounty from a scammed bounty manager  (Read 673 times)
palle11 (OP)
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September 23, 2020, 09:17:25 AM
Merited by Mpamaegbu (2)
 #1

Some bounty managers have been known to promote scam projects and I believe because they have users who rush to sign up, they keep being agents of scam project and not escrowing rewards.
More is that, the reasons bounty has been paying shit is because you rushing over it and they decide to list below, compare it with 2017 coins.

I believe some users are getting worried and fade up on lack of fulfilment of bounty promises at the end because the promises are not met as you either get scammed or the worth of your thousand units is = to a dollar ($1) at the end of many weeks.

When you work for months and dump total worth for $15 (rare case) if you get up to that, you have just paid for your data usage. What about your time? Inconveniences etc.

They take advantage of hunters that participated and not pay reward with different excuses which are :


1. KYC introduced while it was not started from beginning:
Know your customer is actually not necessary in a decentralized setting, all you need is to guide yourself or company because decentralized system should guarantee freedom. Why then introduce it at the end, to prevent participants from receiving their labour. I believe most times, this is to push out because if they are genuine, they should state it clearly from beginning that KYC is a necessary factor to receive reward. Example is bubbalex, his bounty has been one of the most sincere type I have read, from beginning to end is the way it is done. To
time for listing, times and dates for distribution.
All information about the growth of the project in different SM channels, medium, Twitter, telegram. No KYC introduced at the beginning and to the end.

2.The excuses of launch of website, app, main net, sales , soft cap are all reason you should understand you are wasting your time especially when you get shit pay.

What you can do if you like the project and you are not sure of  the promises


Save up to buy if you don't have money, you can wait for it when it is listed and dumped, you buy cheap.


If you have not checked this thread
https://bitcointalk.org/index.php?topic=5230885.msg53975958#msg53975958
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September 23, 2020, 09:34:09 AM
 #2

You are very right and the community should boycott such bounty managers but the problem is that now they create new id for a new project bounty with the name of the project to hide themselves so it is difficult to point out who is the manager.
Also i agree with you on the reward and i think there should be a minimum reward and that should be decent enough keeping in mind the time, the effort, the internet/data, electricity, the depreciation of devices used  by the hunters. So my personal estimation is that the reward amount should not be less than $200 per month of work.

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September 23, 2020, 09:44:03 AM
 #3

Introduction of new rules after bounty campaign ends whether it is the requirement of the KYC or reward tokens lockup or payment in small installments or trying to intentionally delay reward distribution are highly condemnable acts from the campaign owners and managers and all these excuses should be compiled as a charge sheet against these project and campaign owners and community should shame them publically.

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September 23, 2020, 10:00:35 AM
 #4

I think most people do avoid the campaigns run by people or managers who have promoted scam projects or campaigns in the past.
I have seen no or low participation in campaigns by such managers ending in failed campaigns and due to this reason i have seen such managers totally disappearing.
So i think community does take action and such managers do not get new work.

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September 23, 2020, 11:11:49 AM
 #5

What about your time? Inconveniences etc.

That's the main problem that faced by almost all of the bounty participants. Some hunters were not even watching the awareness about how to do a good analyzation before try to participating in the any bounty.
So many members in here have already made various awareness about this but they didn't care about that.

That means if you can't dictate them to follow your awareness and then let them decide what they have taken like participated in the scam bounties.
The problem is people lack of DYOR.

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September 23, 2020, 11:18:28 AM
 #6

Introduction of new rules after bounty campaign ends whether it is the requirement of the KYC or reward tokens lockup or payment in small installments or trying to intentionally delay reward distribution are highly condemnable acts from the campaign owners and managers and all these excuses should be compiled as a charge sheet against these project and campaign owners and community should shame them publically.

It doesn't help at all  if the promotion they have completed already and the money is already in thier hands. So whatever complain you throw to them they will not listen and even dt give them negative trust for that it will not change anything. It's hard to determine which campaign is good to join in early stage you will only see worse campaign when it's all ended. thats why many hunters doesn't want to be active again in promoting a project because of many shit things happen when the campaign is ended  .

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September 23, 2020, 11:18:42 AM
 #7

yes, there are so many projects that sometimes we don't read who the manager is and what the track record is, because sometimes bounty hunters are only interested in the rewards offered. This cannot be denied, but you should start now to be more careful, besides Bubbalex, there is another bounty manager who I think is also a good thats called bounty detective.
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September 23, 2020, 11:30:33 AM
 #8

The suggestion of waiting and buying the dump on the exchanges work only in bear market while as you have seen the current defi trend investors are rushing to buy the private and presales to make sure their hit the jackpot with 100x gains and the ones who miss presales have to buy expensive from exchanges with less chances of big profits.
As far as your concern of blacklisting scam campaign bounty manger i totally agree and i think it is high time that bounty managers become professional and they do complete due diligence and only after 100% satisfaction take a new project for promotional campaign.

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September 23, 2020, 11:31:40 AM
 #9

There are some reasons behind their acceptance to promote projects, bounties.

- Requirements are too easy: low weekly post quota, low requirements on post quality, no restriction on burst-posting.
- Payment are promising high (in tokens or altcoins), not in bitcoin definitely. Scammers never run their bounties from their money, bitcoin. They run bounties and pay from their scam coins or tokens. Sometimes, if scammers are successful with their scam projects, price of coins/ tokens are high and can bring high payments for promoters but the high price won't last too long.
- They already have red tag, negative feedback so they don't care if they will get more by promoting scam projects.

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September 23, 2020, 11:35:33 AM
 #10

I see few reasons.

First they are simply familiar with the bounty managers, and already know his bounty have easy rules. They see a familiar nickname, something triggers in their head and they join his bounty, partly join and giving this manager "a last chance".

Secondly no every bounty hunters checks his past bounties in telegram group. After bounty is finished, bounty hunter just sit and wait. Some ask in bounty telegram group "when distribution?" and after reading "soon" or "wait for announcement", forget about this bounty for few weeks and then everything repeats.

Thirdly - dont forget our beloved bots and account farms. They join everywhere automatically and without a research, creating and information hype around the bounty (making it popular).

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September 23, 2020, 12:46:07 PM
 #11

This is the sad reality about working Bounty Campaigns nowadays, All of you mentioned are happening in the background some Bounty Managers are not even honest in the very beginning of the campaign by adding some requirements after the campaign was done, The Bounty Campaigns in this forum are the cheapest form of marketing strategy, especially in Altcoins Section which is paying only worthless project tokens, that has no guaranteed value after the distribution which is taking 6 months to 1 year. In other points some Bounty Hunters are also unreasonable by calling Bounty Campaign as FREE MONEY I think thats not appropriate because when you promoting any Bounty Campaigns you need an Internet connection and the Internet Connection is not FREE, plus your effort and time that was spent including the sleepness nights while promoting Bounty Campaigns thats why its not a FREE MONEY.
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September 23, 2020, 02:16:31 PM
 #12

~

#2 is quite common reasons these days as an announcement. Either it is done in a Telegram channel or here in the forum.
This is why I don't do them before.
The 3 month work you made could just be destroyed in just a blink of an eye by a single announcement and there's not even a dang thing that you can do about it even if you make a Scam Accusation because they pretty much just did their exit scam as well.
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September 23, 2020, 02:40:59 PM
 #13

Introduction of new rules after bounty campaign ends whether it is the requirement of the KYC or reward tokens lockup or payment in small installments or trying to intentionally delay reward distribution are highly condemnable acts from the campaign owners and managers and all these excuses should be compiled as a charge sheet against these project and campaign owners and community should shame them publically.
I guess if you didn't aware about the the team has already put the rules if they can change the rules anytime as they want. this makes the hunters have no power as they can decide what they wanna try to do for the next step.

Remember the team is a party who has created the rules.

in this case the problem should be there were even hunters who were still lack of educations about how to choose the right one and try to avoid the scam bounties.


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September 23, 2020, 02:46:35 PM
 #14

If you are sure of the project, then by all means promote it, because it will also likely pay you as promised and the payment will be worth it especially if kept for a long while. If you are not sure of the project, don't promote it and don't buy. The problem with bounty hunters is that they are not sure of the project they are promoting and they are also not interested of the project. They just promote for the sake of the payment.

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tyz
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September 23, 2020, 02:52:41 PM
 #15

I do not agree with that. Why should the bounty manager be punished? He's just doing a job and is a service provider. As long as he gets the bounties, holds them well and then distributes them properly to the participants, he is doing a good job. It can and should not be his job to check whether this is a scam project or not. Often it is also not immediately obvious if a service is legit or not. In my opinion it is rather the responsibility of the users who participate in the bounty campaign. In the end they are the ones who advertise the service and make others aware of it.
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September 23, 2020, 03:09:32 PM
 #16

The big rewards offered are always the most telling attraction to lure bounty hunters to participate in the projects they are running, some bounty hunters forget to track down who is the manager, and how the track record is.  usually the ones who always fall into a trap like this are the participants who just joined Crypyo.  I used to get a scam project, at first it looks normal, but after the project ended, I don't get any pay for my work.

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September 23, 2020, 03:17:57 PM
 #17

I do not agree with that. Why should the bounty manager be punished? He's just doing a job and is a service provider. As long as he gets the bounties, holds them well and then distributes them properly to the participants, he is doing a good job. It can and should not be his job to check whether this is a scam project or not. Often it is also not immediately obvious if a service is legit or not. In my opinion it is rather the responsibility of the users who participate in the bounty campaign. In the end they are the ones who advertise the service and make others aware of it.

Although things can work out for this bounty manager who just do his job and get paid in BTC or ETH. He should have the decency to at least check whether the project is a potential scam or not. Not helping them to scam people and waste the time of bounty hunters I guess will help the crypto market in general than alllowing the investors money go in the nads of the bad actors in crypto.

Also bounty hunters could really help if they see the project is a potential scam like having fake teams an plagaiarized whitepaper, take time to warn others and move to another campaign. Bitcointalk and crypto space as a whole will be a beter place without scams.

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September 23, 2020, 05:04:43 PM
Merited by Porfirii (1)
 #18

Honestly if they pick a good bounty manager that would basically be the only thing you need, bounty managers are good enough and smart enough to know that they should get a portion of up front so that people wouldn't work for free and they can distribute early and when it is distributed they will ask for more and if denied they will stop and warn everyone. That is how proper bounty managers work, I know few of them and they worked with few scam places and they warned people the moment they realized and they said the worst was working one week without pay and not more.

So, instead of picking projects, go pick bounty managers and check who they work for, if they work for someone proper that would be all you need honestly and you wouldn't really worry about anything else.

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September 23, 2020, 06:02:33 PM
 #19

I don't think all projects are good or you compare it wrongly when in 2017, at that time the price of all coins was forced to go up because BTC went through an extreme increase so no matter the project is good or not they will go up too.
and actually to see whether a project is good or not when the market is stable.
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September 23, 2020, 06:21:23 PM
 #20

yes, there are so many projects that sometimes we don't read who the manager is and what the track record is, because sometimes bounty hunters are only interested in the rewards offered. This cannot be denied, but you should start now to be more careful, besides Bubbalex, there is another bounty manager who I think is also a good thats called bounty detective.
No wonder, if someone expects fast money or big rewards in a bounty program, I mean always rushing to join high reward projects, including not researching the developer's background in managing previous projects, the products they offer in the market and many again the reason related to this. Yes, the famous manager like bounty detective is pretty good, I was involved in the Hacken.ai project which he managed.


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