Artem Finance Scammed Bounty Program

[jamalaezaz]

What happened:: They have been paying every Monday before. but from last 3 weeks they stopped sending payouts and don't reply the questions about bounty in telegram group. they are now doing an Presale of their another token called ARTD.

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=2097384

Reference Link: https://bitcointalk.org/index.php?topic=5291124.0

Additional Notes: they are asking everyone to provide liquidity and requiring to pay them minimum 0.2 ethereum to be eligible for ARTD airdrop.

I suggest everyone to stay away from them and don't join their presale and liquidity event .

[Awaklara]

My guess that their project is a possible scam. I have not found valid evidence for this statement. but I suspect that week 6 & 7 they are not what they used to be. when entering week 6 there is a reason for participant payment problems.

1. The first reason, participants will get paid if participants take part in the Presale and buy a minimum of 0.05 ETH, if they are already registered in the Presale section, they promise to pay but they don't!

2. I always contact the Project Admin but no answer at all. He didn't even answer a word.

3. My 7th week was not paid, and I have decided to stop promoting scam projects. I don't want to waste my time in vain.

4. I am suspicious of the account: JTripathy. it looks like they are one of them. I saw from hundreds of participants, only he got a large amount of payments on time. while he is also a bounty hunter, he is currently being appointed as the project admin. what's up with this guy?

JTripathy : https://bitcointalk.org/index.php?action=profile;u=2820868

Ethereum Addres: 0xe53D26e4E941D06AE5E00C70B613bc8e8ed87512

#21 hours ago he had just received 150 ARTT
Txn : https://etherscan.io/tx/0x71e9d8080f522b8f64dd17b89d3dd9db1ea5ba5327eca068a0f22d9becafc2e6

#4 days ago (week 7) she received 250 ARTT (only he got it all)
Txn : https://etherscan.io/tx/0x42e2c6b0882d38e90f8c611f0f30fe345bb4f344bfc6a364cb97d9904933cf10

[jamalaezaz]

My guess that their project is a possible scam. I have not found valid evidence for this statement. but I suspect that week 6 & 7 they are not what they used to be. when entering week 6 there is a reason for participant payment problems.

1. The first reason, participants will get paid if participants take part in the Presale and buy a minimum of 0.05 ETH, if they are already registered in the Presale section, they promise to pay but they don't!

2. I always contact the Project Admin but no answer at all. He didn't even answer a word.

3. My 7th week was not paid, and I have decided to stop promoting scam projects. I don't want to waste my time in vain.

4. I am suspicious of the account: JTripathy. it looks like they are one of them. I saw from hundreds of participants, only he got a large amount of payments on time. while he is also a bounty hunter, he is currently being appointed as the project admin. what's up with this guy ??

JTripathy : https://bitcointalk.org/index.php?action=profile;u=2820868

Ethereum Addres: 0xe53D26e4E941D06AE5E00C70B613bc8e8ed87512

#21 hours ago he had just received 150 ARTT
Txn : https://etherscan.io/tx/0x71e9d8080f522b8f64dd17b89d3dd9db1ea5ba5327eca068a0f22d9becafc2e6

#4 days ago (week 7) she received 250 ARTT (only he got it all)
Txn : https://etherscan.io/tx/0x42e2c6b0882d38e90f8c611f0f30fe345bb4f344bfc6a364cb97d9904933cf10

the requirement of joining their presale with 0.05 eth in order to be eligible for bounty reward is very shady in itself. no project should force bounty program participants to invest in their project first to receive the bounty rewards.
for first 5 weeks they paid the participants to build some trust. and then when they see they are getting user's attention then they started implementing new rules and requirements.
they applied same rule of investment for ARTD Airdrop in their telegram group.

[Jawhead999]

@OP you can gave negative trust feedback and flagging the developer/team if you think they're scamming you.

4. I am suspicious of the account: JTripathy. it looks like they are one of them. I saw from hundreds of participants, only he got a large amount of payments on time. while he is also a bounty hunter, he is currently being appointed as the project admin. what's up with this guy ??

JTripathy : https://bitcointalk.org/index.php?action=profile;u=2820868

Probably, but it's possible if he's a campaign manager or assistant campaign manager... you can read he answering people question and chase a cheater on that's campaign [1] [2] [3] [4]

[1] https://bitcointalk.org/index.php?topic=5291124.msg55662913#msg55662913
[2] https://bitcointalk.org/index.php?topic=5299448.msg55812794#msg55812794
[3] https://bitcointalk.org/index.php?topic=5298910.msg55798171#msg55798171
[4] https://bitcointalk.org/index.php?topic=5299898.msg55823456#msg55823456

[JTripathy]

Hello guys,
Let me clear all the things  

I'm JTripathy. I'm not the bounty manager of Artem. Artem's admin assigned me only to share the information from the admin to you. Because, I don't have any access to spreadsheet and payment. Only I share the data from admin to you in the group and it's my job.

I agree that admin of Artem is not doing well. Because according to him, those who purchase in Presale and add Liquidity can join the bounty program. I already informed him not to make this mandatory. All the rules and regulations are changed by him. I'm only a user who share information from Admin to Hunters.

---------------------------------------------------------------------------------------------------------------------
I'm JTripathy from India
Admin of Artem from Taiwan (I asked him)

4. I am suspicious of the account: JTripathy. it looks like they are one of them. I saw from hundreds of participants, only he got a large amount of payments on time. while he is also a bounty hunter, he is currently being appointed as the project admin. what's up with this guy ??

JTripathy : https://bitcointalk.org/index.php?action=profile;u=2820868

Ethereum Addres: 0xe53D26e4E941D06AE5E00C70B613bc8e8ed87512

#21 hours ago he had just received 150 ARTT
Txn : https://etherscan.io/tx/0x71e9d8080f522b8f64dd17b89d3dd9db1ea5ba5327eca068a0f22d9becafc2e6

#4 days ago (week 7) she received 250 ARTT (only he got it all)
Txn : https://etherscan.io/tx/0x42e2c6b0882d38e90f8c611f0f30fe345bb4f344bfc6a364cb97d9904933cf10

I'm getting payment only to manage the group, answering all the users and share information from Admin to Hunters.
I'm getting payment 150-250 ARTT weekly according to my performance on Every Monday. I got last payment before 21 hours because as admin said me that, he's going to a business trip that's why he sent my payment earlier.

Reference

---------------------------------------------------------------------------------------------------------------------

Probably, but it's possible if he's a campaign manager or assistant campaign manager... you can read he answering people question and chase a cheater on that's campaign [1] [2] [3] [4]
[1] https://bitcointalk.org/index.php?topic=5291124.msg55662913#msg55662913
[2] https://bitcointalk.org/index.php?topic=5299448.msg55812794#msg55812794
[3] https://bitcointalk.org/index.php?topic=5298910.msg55798171#msg55798171
[4] https://bitcointalk.org/index.php?topic=5299898.msg55823456#msg55823456

I'm only a simple bounty hunter like you. Admin assigned me only to manage the group, answering all the users and share information from Admin to Hunters. For that I'm getting payment 150-250 ARTT weekly according to my performance.


Thank You  

[UmerIdrees]

My guess that their project is a possible scam. I have not found valid evidence for this statement. but I suspect that week 6 & 7 they are not what they used to be. when entering week 6 there is a reason for participant payment problems.

1. The first reason, participants will get paid if participants take part in the Presale and buy a minimum of 0.05 ETH, if they are already registered in the Presale section, they promise to pay but they don't!

2. I always contact the Project Admin but no answer at all. He didn't even answer a word.

3. My 7th week was not paid, and I have decided to stop promoting scam projects. I don't want to waste my time in vain.

4. I am suspicious of the account: JTripathy. it looks like they are one of them. I saw from hundreds of participants, only he got a large amount of payments on time. while he is also a bounty hunter, he is currently being appointed as the project admin. what's up with this guy ??

JTripathy : https://bitcointalk.org/index.php?action=profile;u=2820868

Ethereum Addres: 0xe53D26e4E941D06AE5E00C70B613bc8e8ed87512

#21 hours ago he had just received 150 ARTT
Txn : https://etherscan.io/tx/0x71e9d8080f522b8f64dd17b89d3dd9db1ea5ba5327eca068a0f22d9becafc2e6

#4 days ago (week 7) she received 250 ARTT (only he got it all)
Txn : https://etherscan.io/tx/0x42e2c6b0882d38e90f8c611f0f30fe345bb4f344bfc6a364cb97d9904933cf10

the requirement of joining their presale with 0.05 eth in order to be eligible for bounty reward is very shady in itself. no project should force bounty program participants to invest in their project first to receive the bounty rewards.
for first 5 weeks they paid the participants to build some trust. and then when they see they are getting user's attention then they started implementing new rules and requirements.
they applied same rule of investment for ARTD Airdrop in their telegram group.

I also participated in this campaign because they were paying ARTEM (ARTT) token which had a price of 1 dollar and it was looking a good altcoin campaign. The rules changed in the last couple of weeks but it may be too early to say that it is a scam or not. They already have an established coin ARTT and perhaps they can also grow their new token. I have also provided liquidity for the ARTD. I can only hope things turn out good for the project.

[virasog]

What happened:: They have been paying every Monday before. but from last 3 weeks they stopped sending payouts and don't reply the questions about bounty in telegram group. they are now doing an Presale of their another token called ARTD.

Scammers Profile Link: https://bitcointalk.org/index.php?action=profile;u=2097384

Reference Link: https://bitcointalk.org/index.php?topic=5291124.0

Additional Notes: they are asking everyone to provide liquidity and requiring to pay them minimum 0.2 ethereum to be eligible for ARTD airdrop.

I suggest everyone to stay away from them and don't join their presale and liquidity event .

First of all this is not the first project of the onwer masterbacon. He previously run the bounty and signature campaign for his project called [ANN][ICO] TokenBacon - Bacon Chain: Public Sidechain + API cloud. So what happened to that project ? If he left that project and started a new one, i am afraid he will scam this one too. I just hate people who have some know how of the ethereum tokens creation and they just keep on creating tokens to get money from the people.

[JTripathy]

First of all this is not the first project of the onwer masterbacon. He previously run the bounty and signature campaign for his project called [ANN][ICO] TokenBacon - Bacon Chain: Public Sidechain + API cloud.

Ohh really, thanks for the information.
I'm just answering questions of users and sharing the information from admin to users, it's my job. I'm not a team member and I don't have information regarding them.

I'll definitely support you all guys if you think Artem is going to do scam!!
Because I'm also worried because they make it mandatory to purchase in Presale and it's not good and the same think i told him not to do this. Then he said that we are doing this only to find real supports. So i can't do anything because my job only to answer users in group.

I repeat, I'm a bounty hunter like you. I'm not the part of them. I'm assigned to only answer users in bounty group. All the reference screenshot is given above

https://bitcointalk.org/index.php?topic=5303668.msg55941323#msg55941323

[UmerIdrees]

First of all this is not the first project of the onwer masterbacon. He previously run the bounty and signature campaign for his project called [ANN][ICO] TokenBacon - Bacon Chain: Public Sidechain + API cloud.

Ohh really, thanks for the information.
I'm just answering questions of users and sharing the information from admin to users, it's my job. I'm not a team member and I don't have information regarding them.

I'll definitely support you all guys if you think Artem is going to do scam!!
Because I'm also worried because they make it mandatory to purchase in Presale and it's not good and the same think i told him not to do this. Then he said that we are doing this only to find real supports. So i can't do anything because my job only to answer users in group.

I repeat, I'm a bounty hunter like you. I'm not the part of them. I'm assigned to only answer users in bounty group. All the reference screenshot is given above

https://bitcointalk.org/index.php?topic=5303668.msg55941323#msg55941323

Looking at your post history, you are a bounty hunter. 
Since you are in contact with the owner of his project, you can try to convince the owner to pay all the participants in ARTT token and keep the bounty rules as simple as possible in favor of both the participants and project publicity.

[JTripathy]

Since you are in contact with the owner of his project, you can try to convince the owner to pay all the participants in ARTT token and keep the bounty rules as simple as possible in favor of both the participants and project publicity.

Yes, I tried my best. Not only once, I gave him advice several times. I think he gone to his business trip that's why he's not replying in group and in personal message also. Here I attached a recent screenshot as proof.

[jamalaezaz]

snip

Thanks for clarifying yourself.
Did you informed them about this scam accusation against them? maybe if you tell them and let them know how it can effect their project. they might understand and stop applying their unfair rules and pay the bounty rewards.
your help would be appreciated.

but you must accept the fact that you are not just a bounty hunter. you are their community manager or group moderator. I saw you are an admin in their group too, you said they assigned you to answer the questions in group for which they are paying you in ARTT tokens.

I can understand you have not any connection with the core team devs.

I also participated in this campaign because they were paying ARTEM (ARTT) token which had a price of 1 dollar and it was looking a good altcoin campaign. The rules changed in the last couple of weeks but it may be too early to say that it is a scam or not. They already have an established coin ARTT and perhaps they can also grow their new token. I have also provided liquidity for the ARTD. I can only hope things turn out good for the project.

Listing a token in uniswap and generating a value by providing liquidity is a peace of cake nowadays. and if it's listed there and have a value doesn't mean it's an established coin. if it's too early to say that it's scam then what should we wait for?
don't you see they are changing rules and making baseless excuses to not pay the bounty rewards.
My bro. it's an obvious scam.

[UmerIdrees]

I also participated in this campaign because they were paying ARTEM (ARTT) token which had a price of 1 dollar and it was looking a good altcoin campaign. The rules changed in the last couple of weeks but it may be too early to say that it is a scam or not. They already have an established coin ARTT and perhaps they can also grow their new token. I have also provided liquidity for the ARTD. I can only hope things turn out good for the project.

Listing a token in uniswap and generating a value by providing liquidity is a peace of cake nowadays. and if it's listed there and have a value doesn't mean it's an established coin. if it's too early to say that it's scam then what should we wait for?
don't you see they are changing rules and making baseless excuses to not pay the bounty rewards.
My bro. it's an obvious scam.

I completely understand your point of view. The only reason i trusted the dev and his project (ATRD) is that he already have an established project ARTT (https://info.uniswap.org/pair/0x64538cd9DEf30F3e807E863662a474ac36E3D4df).
That's the reason i thought that ARTD reach similar heights and i provided the liquidity. If they can provide liquidity to ARTT, then why not ARTD ?

Anyways i will just wait and see how the admins and dev proceed further on this project. 

[JTripathy]

but you must accept the fact that you are not just a bounty hunter. you are their community manager or group moderator. I saw you are an admin in their group too, you said they assigned you to answer the questions in group for which they are paying you in ARTT tokens.

You can check my post history in bitcointalk, my 80-90% posts are related to bounty task. I'm not their community manager, I'm only there to answer your questions and provide information from admin to users for which I'm getting my payment. I got admin rights of bounty group on 25th December because I already mentioned above that as he told he will go for a business trip that's why he gave me rights to manage the bounty group only / stop spamming/ ban spammers. That's the matter.

I'm not the part of their team and I don't know personally who are them and what's their next planning.

I also invested 0.4 ETH in ARTD PreSale.

[sujonali1819]

Additional Notes: ..............requiring to pay them minimum 0.2 ethereum to be eligible for ARTD airdrop.

Ops. what type of airdrop this is? It looks like they are not asking to join their airdrop/giveaways, seems they are asking to join their presale so that people can buy their token by 0.2 ETH. weird really.

If they have any problem regarding the weekly payment they should share the condition with the hunters. But instead, they try to avoid hunters/investor question it does not looks good for a project.

[UmerIdrees]

Additional Notes: ..............requiring to pay them minimum 0.2 ethereum to be eligible for ARTD airdrop.

Ops. what type of airdrop this is? It looks like they are not asking to join their airdrop/giveaways, seems they are asking to join their presale so that people can buy their token by 0.2 ETH. weird really.

If they have any problem regarding the weekly payment they should share the condition with the hunters. But instead, they try to avoid hunters/investor question it does not looks good for a project.

He has told in the group that he will come back from the business trip on 4th of January and then he will sort out the bounty and other concerns raised by the participants. So everyone is waiting for his next announcement on that day.

[jamalaezaz]

but you must accept the fact that you are not just a bounty hunter. you are their community manager or group moderator. I saw you are an admin in their group too, you said they assigned you to answer the questions in group for which they are paying you in ARTT tokens.

You can check my post history in bitcointalk, my 80-90% posts are related to bounty task. I'm not their community manager, I'm only there to answer your questions and provide information from admin to users for which I'm getting my payment. I got admin rights of bounty group on 25th December because I already mentioned above that as he told he will go for a business trip that's why he gave me rights to manage the bounty group only / stop spamming/ ban spammers. That's the matter.

I'm not the part of their team and I don't know personally who are them and what's their next planning.

I also invested 0.4 ETH in ARTD PreSale.

alright. thanks for clarifying. kindly keep us updated. I am not expecting anything from them. but maybe they turn fair and distribute the rewards fairly.

[JTripathy]

alright. thanks for clarifying. kindly keep us updated. I am not expecting anything from them. but maybe they turn fair and distribute the rewards fairly.

I also hope they run everything fairly again. 

[UmerIdrees]

The update on this issue is that the team has decided to stop the ARTD project and they are also looking to not return our investments in liquidity pool and in pre-sale. 
This has now turn into complete confirm scam.  Also the bounty chat group is closed for any comments.

[jamalaezaz]

The update on this issue is that the team has decided to stop the ARTD project and they are also looking to not return our investments in liquidity pool and in pre-sale. 
This has now turn into complete confirm scam.  Also the bounty chat group is closed for any comments.

LOL. it was very clear that their intention is to scam users when first they implemented none sense new rules in the bounty program and stopping paying bounty rewards. but you did not agree with me and now you realized after losing your money in them.
BTW. did you got your eth back that you provided as liquidity in uniswap? I think you should get your ethereums back at least. they are in uniswap.

[JTripathy]

They are clear scam.
I messaged their 3 admins, no one seen my message.
They are not even replying in group.

It was our mistake that we invested in it