Now Bounty Program totally worth less !! 90% Bounties are scam

[skarais]

I wouldn't say 90% of bounty project are scam, but I do believe 95% of those project are scam. Only 5% of the bounty can be said to still benefit bounty hunter and the rest will be disappointing. There are too many cases in the bounty program that have disappointed bounty hunter, there is no payment, postponed distribution and so on.

I don't think that without escrow there is no guarantee that every bounty hunter will get paid (even if it's not worth it). Not many manager can do this and only those who care about bounty hunter do. The unlimited number of participant allows fraudster to take advantage to promote project around forum and social media platform. Without proper analysis, investor and bounty hunter will fall victim to it. Hopefully you don't join the bounty without analysis because it can end in disappointment and loss.

[kaneki007]

Many of bounty hunters do not have your luck and you skill in finding the right project, I'm no into bounty hunting anymore but I have seen so many bounty hunters complaining of  getting a lot of bad projects scam projects I agree with OP that there are so many scam projects and it';s hard to find the right project because so many projects looks good if you look at them.

Maybe there are many participants who want to join because of the large bounty pool that some of them don't do research beforehand. This is natural in my opinion because nowadays it is increasingly difficult to find a bounty that really pays, and it is more difficult to do KYC. Sometimes payers are also delayed for several reasons.

[bobyhodob]

but right now, unfortunately, there are very few bounty companies and there are almost no worthy projects.

There were not so many worthy projects before as you think. Just projects that entered the market during the ICO boom made a profit. Bounty hunters sold coins and forgot about the project. If you now review all the projects in which I participated, starting in 2017, you can collect a good cemetery of unrealized ideas.

well there is no other choice to leave it because the conditions of the current exchange place which are not good also make many projects that have tokens collapsed in price and in my opinion as long as the team in Telegram is still active to respond and provide good information, it will recover something later.

[gabbie2010]

Many of bounty hunters do not have your luck and you skill in finding the right project, I'm no into bounty hunting anymore but I have seen so many bounty hunters complaining of  getting a lot of bad projects scam projects I agree with OP that there are so many scam projects and it';s hard to find the right project because so many projects looks good if you look at them.

Maybe there are many participants who want to join because of the large bounty pool that some of them don't do research beforehand. This is natural in my opinion because nowadays it is increasingly difficult to find a bounty that really pays, and it is more difficult to do KYC. Sometimes payers are also delayed for several reasons.

currently, it is not a matter of high bounty pools that have many participants. those who have good managers and definitely pay with tokens that have value in the market are a priority. Many projects that have small rewards with so many participants are still being worked on by bounty hunters without complaining. Those who come up with promises without a clear market are a potential scam.

Bounties with bogus rewards are suspect might be a potential scammer a lot of hunters are always promoting projects with a high bounty pools not minding whether the project has a clear cut roadmap, viable and feasible in a long run, most of these projects are later abandoned and dumped.
There are some solid projects with small rewards however these projects has future prospects when listed in an exchange the chances of their token pump 10x in the future is very bright having been managed with good developers and team.

[NewRanger]

well there is no other choice to leave it because the conditions of the current exchange place which are not good also make many projects that have tokens collapsed in price and in my opinion as long as the team in Telegram is still active to respond and provide good information, it will recover something later.

not necessarily, group activity on telegram does not guarantee that the project will recover. all depends on the performance of the team on the project. I mean, even if they answer the questions on telegram but they don't work well then the project will still die

This communication was fake , it just to make channel member feel comfort and thinking project still alive. many telegram group run like this , and developers team didnt deliver any update to investors. if we find this telegram goup better to leave and forget it immediately, there are alot good project in market that we could invest on it.

[Btc_1856]

Many of bounty hunters do not have your luck and you skill in finding the right project, I'm no into bounty hunting anymore but I have seen so many bounty hunters complaining of  getting a lot of bad projects scam projects I agree with OP that there are so many scam projects and it';s hard to find the right project because so many projects looks good if you look at them.

Maybe there are many participants who want to join because of the large bounty pool that some of them don't do research beforehand. This is natural in my opinion because nowadays it is increasingly difficult to find a bounty that really pays, and it is more difficult to do KYC. Sometimes payers are also delayed for several reasons.

You are right, it is very difficult to find the best bounty and we don't know exactly whether they will pay the bounty payment at the end. We have already experience this situation, in the beginning, the company used to attract the bounty people by allocating higher percentage of reward to the bounty and at last failed to deliver.

[bryant.coleman]

well there is no other choice to leave it because the conditions of the current exchange place which are not good also make many projects that have tokens collapsed in price and in my opinion as long as the team in Telegram is still active to respond and provide good information, it will recover something later.

not necessarily, group activity on telegram does not guarantee that the project will recover. all depends on the performance of the team on the project. I mean, even if they answer the questions on telegram but they don't work well then the project will still die

Agreed. I have seen telegram groups which have regular updates, but also have a history of scamming the bounty hunters. But this can be one of the red flags. If the telegram group of a bounty or a project is not active for a long time, then we can assume that there are some issues with them. But the reverse can't be always true. Just because a telegram channel is active, you can't claim that all is well within the project.

[imstillthebest]

I am a Bounty hunter and I know 99% people working on Bounties they really work hard.

how do you know . just because your a bounty hunter you can now say that almost ninety nine percent of people are working in it ? the number is alot .

i know there are more bounties compare to airdrop , sig campaign and others but there are also many scam bounties and many people already gave up on bounty while some dont like bounties but they apply on airdrop and sig campaign  .

and how can you know that all that percent of bounty hunters work hard ? many bounty hunters dont actually work hard because why will they work hard when the payment is not 20/50 chance to recieved .

[Alamin1444]

Yes, you are Right. I Work too those Bounty you mentioned & They Scam, we can't do anything.even Bounty Detective Team can't verify then how can we! It’s almost 7/8 month i am joining Bounties but still no profit i am just working & working, What can we do if they scam or Don't send us The Token we work for 😢. We really can't do Anything.

[Hamphser]

Many of bounty hunters do not have your luck and you skill in finding the right project, I'm no into bounty hunting anymore but I have seen so many bounty hunters complaining of  getting a lot of bad projects scam projects I agree with OP that there are so many scam projects and it';s hard to find the right project because so many projects looks good if you look at them.

Maybe there are many participants who want to join because of the large bounty pool that some of them don't do research beforehand. This is natural in my opinion because nowadays it is increasingly difficult to find a bounty that really pays, and it is more difficult to do KYC. Sometimes payers are also delayed for several reasons.

You are right, it is very difficult to find the best bounty and we don't know exactly whether they will pay the bounty payment at the end. We have already experience this situation, in the beginning, the company used to attract the bounty people by allocating higher percentage of reward to the bounty and at last failed to deliver.

There are bounties that payout once a week or once a month. Those are a much safer bet since you can actually see that you get paid on time and the right amount. I would avoid bounties that promise payment at the end of their bounty campaign, as you really are at their mercy if they will pay you or not.

I would much really prefer on having that set-up because you can somehow assured that you would really be getting paid out of your hardwork and not to wait for the
entire duration of the whole bounty program.

These kind of campaigns do exist but not really that often or somewhat rare to be seen but if theres one then it would be better to join but dont really think that it will
give you an assurance to get paid neither those coins will be ending up to be no value at all which would really be ending up on useless state.

Its up to someone if they can still risk out their time and effort to be wasted in most bounty projects.

[darkphoenix2610]

I don't think so but agreed that many bounty programs are already scammed nowadays. This is just normal now in the crypto world when owner of project just want to raise funds and just scammed investors and bounty participants. And this will be up to the bounty participants to be careful in joining. Do their own research and make sure that the team of the project are legit and they must also rely with the bounty manager that are handling it. In such way they can avoid to join in scam bounty program.

[SamboNZ]

Because legitimate projects approach exchanges for funding its more faster and they dont have to comply with the ICO regulations. So, whats left doing ICO are the scams or unregulated ICO, bounty participants should just adapt with the changes.

[BTCappu]

Bounty programs became really horrible in the recent one year, it wasn't like this back in the day, bounty used to mean something. Hell there was tons of people starting fake accounts and trying to build them from zero to eventually mean something and be big in almost all social media accounts, just so they could apply to bounty programs all in one and get more money instead of just one real their account.

People literally "broke rules" to get more money. You know how those people look right now? Bunch of fake accounts that look real to fake the projects but work hard from all of them and get nothing to be faked by the project in return. There is a bit of justice in that but to be honest projects fake the real hard working honest people as well so they are in bigger trouble.

[gwapoinside2]

I agree that there are a lot and majority of crypto projects nowadays a becoming scams. It only means that the crypto industry is growing as I gave awareness to scammers. That is why it is important to deeply and properly research the projects you intend to invest or join. Because eventhough there are many scam projects, the ones that are legit could give you great rewards at the end.

[(o)(o)ilikeboobs(o)(o)]

Learn from previous bonuses, now bonus programs only offer a small number of bonuses.
Projects no longer attract investors as they once did and they no longer hold bounty programs.
The ICO wave in 2017 was too big and it was beneficial to the bounty participants.
Currently, high-value bounty programs run the risk of damaging the project's value. Projects tend to be IEOs and mobilize with small capital so there is no bonus program.

[Raist]

Scumers were here from the very beginning. The problem now is that there are no new ideas and if they are they do not need supporters from this forum. Times are changing and crypto industry has another ways for promoting new projects. But that's a must, gold times for bounties were in 2017 I suppose when all this merit system was invented.

[Inkdatar]

I agree that there are a lot and majority of crypto projects nowadays a becoming scams. It only means that the crypto industry is growing as I gave awareness to scammers. That is why it is important to deeply and properly research the projects you intend to invest or join. Because eventhough there are many scam projects, the ones that are legit could give you great rewards at the end.

This is the fact in this industry a lot of bounty program are worthless and indeed scam. All we have to do is to be careful in joining those bounty project. No assurance that when you join you can earn money. Actually, it has been discuss before about this issues in this industry. So we just have to be skeptical when joining.

[wmaurik]

This happens in my opinion because there are many DeFi trends that use it for free promotions like during ico season, it's just that it seems like this can still be found by doing research on their project before joining bounty, but the problem is that most people today think all defi bounties are good but if you look at ico a few years ago that kind of thinking should be changed in my opinion.

[isaac_clarke22]

That's why you don't do KYC in bounties and at the same time I don't even advise to use fake ids just to claim these coins that'll turn to shitcoins anyway in the end as you'll just waste your money for the service of creating one plus paying your fines once you get busted out of using fake ids.
Scams were already here long time ago even back in ICO days in 2017, and in fact scams are already part of anything that involves throwing money anyway.

[alisonwonder]

This happens in my opinion because there are many DeFi trends that use it for free promotions like during ico season, it's just that it seems like this can still be found by doing research on their project before joining bounty, but the problem is that most people today think all defi bounties are good but if you look at ico a few years ago that kind of thinking should be changed in my opinion.

The DeFi project is still relatively new and there are still many people who want to develop and adopt it so in the future I am sure that more and more platforms will use the DeFi scheme to try to get investors interested and give full support to the project.