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

[BlackFor3st]

We should accept that this is the reality in crypto world therefore we need to be wise if we really want to earn a money in bounty hunting as most of the
bounty managers will do their work especially if they are being paid a good amount of money then they forget to check the background of the project.

As a bounty hunter, it is our duty to check the project that we like to support or follow so we can assure that our hard work will be paid. Even if we can say that
there is only 10% genuine bounty campaigns then it is our task to find those campaigns if we like to earn some money.

[cute nmp]

Most of the bounties projects nowadays are scam projects.I did so many bounties recently in which many of them turn out to be scams and mostly it is only towards the end that one knows that.Most atimes the problem is from the bounty managers that don't make any investigation before deciding to promote a project and on the other hands the bounty hunters that rush to promote any kind of project without any research.

[sulendra12]

Before joining any bounty, check on the thread whether they are asking for KYC

They can say they don't need KYC at that moment, but they will eventually ask you to send KYC after the bounty ends. We have seen lots of these type of scheme this year and OP have already said one of the 1000 examples you can find out there. It's not an objective way to look at it.

Never blindly trust the bounty manager, especially in the altcoin section

But, it could increase the trustworthiness though, I'm pretty sure some of the members here care with the altcoins they are managed to make the best results possible. I have seen a guy with lot of positive trusts and they did make it great results and can bring the rewards to the community, I totally respect that.

Never join a new bounty manager's bounty, as he may also be a partner of the scammers.

It's true, but contradicts with your point before. So whatever

[Sirait]

for me, The best years for the bounty program were 2017 and 2018 after that almost all of them were scam projects, and that hasn't changed until now so it is better if you are more careful when you want to join a campaign.

The current bounty reward program is not like before now, there are many projects that do not pay or scam projects, now many people are moving looking for free coin airdrops or bitcoin trading

I see if you manage to get a lot of referrals then the Airdrop is very profitable. and trading will still profitable if you have good skills.

[kawetsriyanto]

We were already aware of this issue since 2018. If you have joined bounties before 2017, then you must know the big differences. A big bounty group like Bounty Detective, cannot guarantee every bounty they have. They just provide bounties and never state that all of them are worthed to do. It is your job, to analyze which one is the best and worthed to join. Regarding KYC procedure, just avoid it if you think the project isn't trusted enough. Or better to avoid KYC at all, if you care about your data security.

[seleme]

for me, The best years for the bounty program were 2017 and 2018 after that almost all of them were scam projects, and that hasn't changed until now so it is better if you are more careful when you want to join a campaign.

The current bounty reward program is not like before now, there are many projects that do not pay or scam projects, now many people are moving looking for free coin airdrops or bitcoin trading

I see if you manage to get a lot of referrals then the Airdrop is very profitable. and trading will still profitable if you have good skills.

2017 was the golden year for both crypto markets and bounty campaigns, the profitability rate of bounty campaigns is under the question now. Many new members has taken the advantage of popular bounty campaigns but the situation has changed a lot currently. I don't agree about the airdrops part of your opinion, it doesn't make sense of joining the airdrop campaign if the final reward is less than $1. I have read many complaints by new users who got scammed by teams but the first problem is to ignore the golden rules such as DYOR and checking the team. Checking each rule before joining the bounty can increase the potential of getting rewards in time and the delays rarely will occur during the bounty distribution phase.

[chikator]

It is sad that its true. A lot of honest and hardworking people are being sucked in these scams and those that profit are these terrible, lying pricks. The amount of work in bounty all uncredited is sad.

[affandi]

This has been happening for a long time and is hard for bounty hunters (myself included) to avoid. even though we have searched various information on the project we are campaigning for, it cannot guarantee that the project is not a "scam". maybe this is already a risk for bounty hunters. and not just bounty hunters, an investor is also in bigger trouble for losing money due to a scam project.

[Gotumoot]

Bounties has been that way for a long time now they are worth less than they were back in 2017 where almost all of the bounty have price even if it was lower than their ICO price.
Nowadays bounty rewards are so small that they wouldn't even reach halfway of their ICO price or the worst would be they wouldn't be listed.
I grew tired of this that is why I decided to quit bounties or join only the project that I believe have a chance on growing.

[Salauddin1994]

It's really bad news that most of the bounties are being scammed now this process has been going on for a long time bounty campaigns look great at first but then they lock the thread and don't reward anyone tokens are not listed. These are usually their misconceptions so the bounty projects are getting worse day by day and the demand is declining.

[luckyflop]

You should have a look at bounty manager, Usually, they do research before accept bounty managing of a bounty because if it turns to a scam it could cause them negative trusts, Also always check their website of the bounty that you are intending to join that and see their Git hub page, Usually, they don't have a new Git hub accounts if they are real and their codes have been edited multiple times!

[michellee]

It is sad that its true. A lot of honest and hardworking people are being sucked in these scams and those that profit are these terrible, lying pricks. The amount of work in bounty all uncredited is sad.

That is what happened in the crypto, and I am sure that also happens in real life. The scamming will always be everywhere, but we can prevent that thing by researching more info about the project, so we can select which project can benefit us in the future. We need to be careful if we want to invest in the new project, and we should not use a large amount of money if we don't have many valid data about the project. That is one tip to prevent scammers, but I believe that there are more tips to avoid them.

[Yey09]

Bounty is dead after all this ICO hype become outdated. Its better to find other job to do in 2020

[Kong Hey Pakboy]

Bounty is dead after all this ICO hype become outdated. Its better to find other job to do in 2020

Indeed. Since increased numbers of scam ICO projects and bounty campaigns, there are only a few existing, legitimate bounty campaigns. However, they still ended up unsuccessful because they didn't reach the soft and hard cap. So it's really better if bounty hunters would look for other ways for them to earn cryptocurrencies without investing any money.

[Swopon]

Sounds harsh to hear but its true that most of the ICO's are scan nowadays. In 2017, I got many successful projects and maximum projects got successful and got enough fundraising amount by investors which are almost absent these days. Lastly, fake people are everywhere, we should pick the true one.

[yurez]

Bounty is dead after all this ICO hype become outdated. Its better to find other job to do in 2020

I agree the bounty died, now many companies began to enter the crypto market without a bounty campaign.  The number of bounty hunters has decreased as much.

[LogitechMouse]

Quite unusual that you are a bounty hunter but you are a newbie with only 6 posts. Probably you are using another account in joining in bounty campaigns.
Anyway to answer your question, it has been that way since 2018. I also joined bounty campaigns too and most of the ones that I joined didn't paid me although I'm lucky that there are some who paid me and I got exchanged it into Bitcoins so it is a 100% profit for me.

Either way, giving your personal information to the strangers are somewhat below the belt already for the devs and the team. Unfortunately, there are some people who still want to share their information to them for the sake of a few bucks. Can't blame them though and I thought that the Bounty campaigns are dead already. I think they are getting revived by these DeFi projects .

[bitzizzix]

Bounty is dead after all this ICO hype become outdated. Its better to find other job to do in 2020

I agree the bounty died, now many companies began to enter the crypto market without a bounty campaign.  The number of bounty hunters has decreased as much.

The number of bounty hunters has decreased by that much, it seems that no one is interested anymore in bounties, especially those who have experienced fraud.
and I totally agree if the bounty is said to be dead, because I have also experienced bounty fraud.

[The cure]

Sometimes it is very difficult to determine if the project is legit or a scam, you will only know this if the project is over and suddenly they will just disappear in a snap. There are still sensible projects but usually if it does pay, the value is very small. So we must find a reliable source of income and don't just rely in bounty reward.

[pixie85]

Bounty is dead after all this ICO hype become outdated. Its better to find other job to do in 2020

It's been like that for years, literally and you can't blame only dev teams or bounty managers. They saw an opportunity to make more money by changing the rules during or at the end of a campaign and despite protests still were getting new people in their next campaigns because there's just so many thirsty hunters out there. You can keep scamming and they'll still keep comming.

The only way you can change it is to be more selective and never join suspicious campaigns or those run by compromised teams.