BUTTERswap Deceived Bounty Hunters

[Sparrow96]

BUTTERswap stopped giving any information about their project. I tried to reach the admins in their Bounty group. One admin deleted his profile. Another one was active 1 month ago. They last tweeted on their official Twitter account on October 13. After that no activity. There is a blog in LeoFinance by the team. But there is no activity after October 13.

They promised to pay weekly. They were active the first 2 weeks.

This project seems to be a scam. Because no good project will show inactivity. I request all not to invest in this project. Try to exit the project if you already invested there.

It's a matter of worry that bounty hunters are still promoting this project. They are submitting reports. I request moderators take action against them who promotes scam projects.


Website

http://butterswap.online/

Archived: https://archive.is/4Uct5

Twitter

https://twitter.com/butter_swap

Archived: https://archive.is/y9nOc

Blog

https://leofinance.io/@coin8

Bounty

https://bitcointalk.org/index.php?topic=5280065.0

Archived: https://archive.vn/Rbl4l

Telegram Bounty Group:

https://t.me/butterswap

Bounty Manager

https://bitcointalk.org/index.php?action=profile;u=1921626

I request all Bounty Hunters to leave the project and stop promoting this project.

[Bitum]

It was clear from the start that nothing would come of it) But thanks for the info.

[smyslov]

79 Pages of bounty reporting there is already a post and announcement from one bounty hunter from promoting but some bounty hunters continue posting their reports, if there is inactivity on the update for more than two weeks and developer is not addressing question and issues, people should be suspicious and report right away, so it will stop investors from investing and losing more. 

[Coin_trader]

Why the heck this kind of project still attracts bounty hunters? When you visit there website, It's too obvious that it was built poorly and the project details is too vague.  The only clear info that they stated was the procedure on how to buy there token. As a bounty hunter, You should do research about the project itself and view it as an investors, Do you think that someone will buy a token from a suspicious website? I believe the only reason why hunters still want to promote this project is because they saw the word "UNISWAP" on there website.

[cryptoaddictchie]

79 Pages of bounty reporting there is already a post and announcement from one bounty hunter from promoting but some bounty hunters continue posting their reports

Thats clearly a sign of iresponsible campaigining on the part of hunters. Or yet theyve used bots to continuously spam the thread with reports. If they are real user then they must have known the schedule has lapse already and should clarify if the campaign still ongoing or finished already.

Why the heck this kind of project still attracts bounty hunters? When you visit there website, It's too obvious that it was built poorly and the project details is too vague.

Its the hunters problem and dont do due diligence well. Maybe they are also trying their luck to catch a good fish, but with my experience, a good project can be seen with progress so technically this is a poor campaign and its their own choice to waste time. Pity that they dont even pay attention to details.

[Sparrow96]

if there is inactivity on the update for more than two weeks and developer is not addressing question and issues, people should be suspicious and report right away, so it will stop investors from investing and losing more.  

Matter of regret that, they already sold 67k token. First-time, I did not want to report here. As I saw some reporters got Negative Trust for reporting. Second thing is I am new in Bounty Hunting. You can see my BitcoinTalk account is 2 months old. After seeing their inactivity after 2 weeks, I stopped reporting. But after 4 weeks people still reporting. So I came forward to report. It's too late I think.

As a bounty hunter, You should do research about the project itself and view it as an investors,

I understand my fault. Actually I am new to Bounty Hunting. Still I am learning. I feel sorry for the investors too. In future I will do more research before joining Bounty. Thanks for your feedback.

this is a poor campaign and its their own choice to waste time. Pity that they dont even pay attention to details.

I think they should not just let them go. They should be reported. Also those Bounty Hunters still reporting deserves Negative Trust for promoting Scam/Dead project. I tried to stop them. But they are still reporting. I advised them not to report in Telegram Group and BitcoinTalk Post. But they are not paying attention. I also wanted help from Bounty Hunters for gathering information against them. But no one responded positively. As a Bounty Hunters, we should report projects which deceive investors and hunters. So that others don't lose their assets.

Here is my reply in BitcoinTalk
https://bitcointalk.org/index.php?topic=5280065.msg55498814#msg55498814

[cryptomaniac_xxx]

Why the heck this kind of project still attracts bounty hunters? When you visit there website, It's too obvious that it was built poorly and the project details is too vague.  The only clear info that they stated was the procedure on how to buy there token. As a bounty hunter, You should do research about the project itself and view it as an investors, Do you think that someone will buy a token from a suspicious website? I believe the only reason why hunters still want to promote this project is because they saw the word "UNISWAP" on there website.

It's because majority of bounty hunters are not doing their due diligence, there are a lot of red flags in the beginning, but they chooses to ignore it and continue to promote this scam project because they think it will be the next big thing about the "Uniswap" hype. Now, they have to suffer the consequence of working for two weeks, want a waste of time. The only lessons we learned is that bounty hunters shouldn't buy into this hype and be sure to check the project that they are going to promote.

[CryptopreneurBrainboss]

Do you think that someone will buy a token from a suspicious website? I believe the only reason why hunters still want to promote this project is because they saw the word "UNISWAP" on there website.

Actually people still buy this tokens infact any project having the word swap, finance or DeFi still attract gamblers only after the quick profit as they buy in early so they can dump on later investors. In regards to hunters promoting such project, I believe even though some know this are likely scam project, they'll still want to take the 1% chance then miss the party if the project later revised and pays their promoters.

One of the disadvantage of swap exchange (dex) is anyone can use them to scam gullible Investors which is something the scammers are leveraging on since anyone with the skilled and knowledge can list their project there but many are yet to realize this which is why they still fall victim to this scams.

The account associated with the bounty (campaign manager) has been tagged by me. I wasn't affected so am not in a position to create a flag but anyone who was affected and willing to do so I'll gladly support the flag.

[Sparrow96]

The account associated with the bounty (campaign manager) has been tagged by me. I wasn't affected so am not in a position to create a flag but anyone who was affected and willing to do so I'll gladly support the flag.

Thank you for tagging that account. I also tagged him. I see that account was active yesterday. If you support me, I will also flag those Bounty Hunters who is still promoting the project and reporting.

I flagged that account. You are welcome to support the flag. I also want other Bounty Hunters to support me. Because it's our responsibility to protect investors from further loss.

[CryptopreneurBrainboss]

If you support me, I will also flag those Bounty Hunters who is still promoting the project and reporting.

I won't as that would be an abused/wrong use for the flagging system. While I'm against those promoting scammy project, most current promoters might not be aware of this development which won't just be fair punishing them. Probably you can take up the task of messaging every promoter out there of this development and for those that continue after some timeframe you can leave a feedback on their respective account for supporting scam via promoting them.

For the initial account associated with the project, I have supported your flag and made it active. It seems this isn't the direct representation of the project on the forum but just a manager. As a result of that I'll be opened to removing tagged and support if the bounty thread is taken down from the forum by the creator.

[Sparrow96]

I won't as that would be an abused/wrong use for the flagging system. While I'm against those promoting scammy project, most current promoters might not be aware of this development which won't just be fair punishing them. Probably you can take up the task of messaging every promoter out there of this development and for those that continue after some timeframe you can leave a feedback on their respective account for supporting scam via promoting them.

Sorry for typing mistake. I wrote flagging them instead of tagging them. I wanted to say leaving negative trust on their account. I already warned them. But they are not paying attention to my words. I gave message in the Bounty Group in Telegram warning them. But they are not listening.

[Sparrow96]

Bounty hunters/bots are still making reports in the Bounty posts. They are neglecting warnings. Already there is 2 scam accusations. But people still reporting. Can moderators lock the topic?

[Jawhead999]

Bounty hunters/bots are still making reports in the Bounty posts. They are neglecting warnings. Already there is 2 scam accusations. But people still reporting. Can moderators lock the topic?

Bounty hunters wouldn't care about scam or fake project, all they do is do report/task as much as they can to earn maximum reward even though it's shit coin.

AFAIK the bounties already ended isn't it? I have reported the thread to moderator to lock the topic since it's has been ended.