My take on DeFi bounties

[plvbob0070]

1. It's because as of now, it's popular and a lot of people are investing in DeFi projects, so they probably also want to join the hype
2. To remain inaccessible, especially when they have successfully carried out their plan on tricking people.
3. I agree with you OP, because some of it contains apparent mistakes, like grammar and spelling. Though there are some fake websites that copy the content of a legitimate website, to the point that you won't mistake it as a fake one because it includes all the details of the real website.
4. That's not new, and it will not disappear as long as plenty of people are interested and the reputation of some Defi is improving. They don't care if they are all using the same tactics because what matters to them is the possible profit. So, if you have an idea about the dissimilarity between a real and fake project, then you can clearly identify which one to invest. In addition, we can't just go with the flow with the trend; we need to examine everything.

[Bitstar_coin]

Suddenly almost all new project now are on decentralize finance, even those with no objectives and purpose also claims to be defi,
-anonymous team,
-no white paper,
-website very limited information,
-road map is very shot yet they claim to be defi, how do you present yourself as decentralize finance project when you hide much vital information!... in fact, the most vital information which is team profile information, if this information is hidden from the public it means you are not operating on a transparent level, which automatically signal a red flag to the project, well, enough have been said about all the upcoming defi project so i am sure people will do their due diligent.

[molsewid]

Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.
1. Why are almost all bounties released today DeFi projects?

Even if you don't have a proof nothing will think it's not true because I can feel it too that 99 percent of the DeFi project are scam.

It's like the ICO craze in 2017. Now DeFi project is the trend and of course scammers want to use this trend to scam.

2. Most of these projects have no information about team
( They are complete anonymous)

No information because some of the investors still invest even without information about team. But not all DeFi project that have information is not scam some of them is using fake information.

3. Majority of them are rushed, you can judge merely looking at website domain and designs

Some of their website even if rushed their website created nicely. So don't base on the design, base on your own research about the project.

4. There are some that based on Uniswap wannabes

Uniswap because of the airdrops of UNI they want to use this to attract more bounty hunters

[sayulita]

Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.

1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes


You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research

Domains are also just recently registered for most of the projects that you are talking about which clearly indicates that these projects were built in a hurry and are only there for the scamming purposes and we won't be getting anything decent in return for the hard work that we would be doing in promoting these bounties, so it will be better for us to shift our time and energy towards other projects that are going to give us good and promising return not just smoke and mirrors that most of these projects are offering right now.

[Kupid002]

Defi became very popular in the last weeks and months, therefore there are a lot of imposters that want to board the the defi hype train with their own defi clone project.
Then some of those make a bounty and promise you like 500k$ worth of XX token in the bounty, but those 500k number is just based on a completely unrealistic valuation of their project.
Then most of those projects never make it to an exchange and all bounty hunters get nothign for their work.

They want a free promotion that's why they are promising unrealistic price of thier own created tokens . People that want to follow the hype will join that bounty thinking that they will be lucky if the project they are promoting is became successful but in reality they are only being use by greedy developer that only want to earn money .

[Ridwan Fauzi]

Let see what will happen when this event is not popular anymore, the DeFi project who just take a chance the situation will eventually end in zero value. Because at this situation we never know the real and the scam project, the bounty hunter just promote the bounty project blindly. Seem like this was happened in 2017 ago where the ICO's event getting popular. I heard some of my friend who got $2000 for one months pariode and for one project.

[CryptoYar]

Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.

You are absolutely right. Rather I would say that 99% of projects are always scam in the altcoin bounty section.

1. Why are almost all bounties released today DeFi projects?

Because these scammers want to make money by taking advantage of it.

2. Most of these projects have no information about team
( They are complete anonymous)

Earlier many projects used fake team information, But right now I have seen many DeFi projects which do not have a team page on their website. Moreover, people invest in such projects and expect good profits.

You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research

Of course, there are some good projects here as well, as you have also given the names of some projects.

[xZork]

1. Why are almost all bounties released today DeFi projects?

Because Defi is the trend of 2020, many Defi projects appear and have created success so projects will appear continuously.

2. Most of these projects have no information about team
( They are complete anonymous)

Don't invest in a project without team information, it's easy to be fooled.

3. Majority of them are rushed, you can judge merely looking at website domain and designs

I agree, many projects appear so quickly and unprofessionally they are just trying to capitalize on the Defi trend.

[ryap12]

Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.

1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes


You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research

Can't agree more. It is very tempting though to participate in all these DeFi-related bounties as we cannot identify which of these project will last long. Even in airdrops right now, like 95% of the airdrop offers are related to DeFi. A lot of my friends have been participating hoping to get some nice profit. I on the other hand have become too lazy to participate airdrops.

[TastyChillySauce00]

Why can DEGO's Bounty be the best this year? Does the project have good collaborative partners and have very good developments this year? because I don't know much about the project myself.

He was not saying that if dego was the best defi bounty campaign this year but in fact that he might wanna say if dego was the best defi bounty at this moment. The best bounty for this year should be DIA.

The project is still a new project and it doesn't have a lot of collaborations or even partnerships.
It looks like he was seeing it based on the how dego has already added into the good exchange site and it has very good volume at this moment.

[dhemasm]

Yeap, There are tons of DeFi bounty for now (Really much) And looks like most of them are scam, I'm basically still join some bounty with DeFi concept but doing deep research before that. Well it's just some hype, Let's wait till it become mainstream.

[Coroline]

He was not saying that if dego was the best defi bounty campaign this year but in fact that he might wanna say if dego was the best defi bounty at this moment. The best bounty for this year should be DIA.

What is the meaning of "best bounty"? If you consider the bounty with the most income in the amount of BTC, then believe me there is something greater than the bounty income in the DIA Bounty Campaign. It's just that they don't want to publish something that isn't profitable.
Bounty is about how to support the project, not about how to make money. Think of it as a bonus that you can get when contributing to the network, but if you know the ins and outs of the project in detail, and you are very sure that the project has great potential that will facilitate human work, then you are the best bounty participant and the manager is the best bounty manager.

[aarif123]

I agree with you nowadays many defi projects are coming in the market just because there is a craze of defi almost 90% of the project are scam and some of them have no real life solution some projects are in the market for accumulating cryptocurrency from the users I think we should do deeply research on projects before investing on them so atleast we can keep our money safe

[Stanlo]

Agreed, majority of those new bounty projects are here to cut their own half of the cake, DeFi is making waves and no one wants to be left out, still it's a must for bounty hunters to choose projects wisely, it's not new that most new bounty projects are scam, you have to do your own research on them first before promoting any project.

[shoreno]

He was not saying that if dego was the best defi bounty campaign this year but in fact that he might wanna say if dego was the best defi bounty at this moment.

i read this over and over because it confuses me .whats dego ? i dont even know this coin , how can it be the best ? ah maybe its the latest coin . it can be the best by this time only except if it continues its good momentum

The best bounty for this year should be DIA.

maybe for this month/quarter . you cant say year because year hasnt ended yet and there could be projects that can show thier best and what if they overlap dia in terms of overall performance  .  thats we dont know for now

[taufik0911]

Agreed, majority of those new bounty projects are here to cut their own half of the cake, DeFi is making waves and no one wants to be left out, still it's a must for bounty hunters to choose projects wisely, it's not new that most new bounty projects are scam, you have to do your own research on them first before promoting any project.

now no one wants to miss this moment and try their luck to get a large amount of money from the DeFi project
This is what I have to emphasize, that we cannot judge a scam project before the project runs, but right now what is becoming lazy is that most DeFi developers are anonymous

[ChrisPop]

Isn't that applicable to other bounties, not just DeFi ones?

Bounty hunters need to take the risk of working in vain. If the projects can actually create value for the tokens the rewards are generally quite hefty. In summary, it is a high risk >> high reward trade of your time. 
Each one of us should measure their time and finances and decide whether participating in this kind of campaigns is worth it or not.

[jrrsparkles]

Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.

1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes


You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research

When a project gets hyped the clones of such projects will be launched especially in the bounties section but still there are hunters are ready to promote any project no matter what kind of project it is.The scammers will be there as long as people are ready to get scammed.

[kindbtc]

It is just the hot new trend and that is why we are seeing more and more new defi projects and even in bounties section there are a lot of defi campaigns. As a bounty participant all we can do is select the best although there is no guarantee of success but still i hope most projects will perform well while i know there have been plain scam campaigns listed as well.

[ruli stylon]

1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes

1. Because DeFi is a mainstream right now. Like ICOs were 3 years ago. Each and every project ran an ICO, even if they dont need a blockchain technology at all.

2. Because DeFi stands for Decentralized Finances. Main word Decentralized that has close connections to the word anonymous. Besides, even if you know who is in the team, that would not help much to identify who is real and who is fake.

3. Everyone wants to get a piece of a pie and try to grab as much funds as they can.

4. Most of Uniswap wannabes are not regulated at all and you can buy and sell everything there. Scam tokens, own tokens, copycats and etc. Uniswap exchanges are the easiest way to sell scam.

I underlined point number 4.
I just found out that there are absolutely no rules on Uniswap. Any coins can be sold on Uniswap, including scam coins.

Defi coins also emerge from uniswap with the lowest prices for investor bait.