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Author Topic: See why most bounty hunters get scammed  (Read 1661 times)
DigitalFox
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April 30, 2021, 09:53:04 PM
 #121

It didn't only happen to this bounty thread in which it is fake, but also other bounty campaigns.
Let's see, For those who clearly look fake or just for fun, they don't pay attention at all and just apply it, without reading and also without wanting to look again. What about bounties that are actually created by scammers, and have really good thread quality? Surely they will be very super gullible.  Grin Grin

Campaign thread quality is one thing, but most don't even check the project before applying, many have no idea at all what they're shilling across social networks. Countless "great project with perfect that will change crypto community" like posts as if they're copy pasted, that's what really pisses me off.

rajakulam
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April 30, 2021, 10:34:31 PM
 #122

Most of the bounty hunters do not read the rules of the game, sometimes they only see the number of bounty participants and bounty managers, and in the end they complain about the energy and time that has been wasted. Cheesy

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April 30, 2021, 10:53:09 PM
 #123

Most of the bounty hunters do not read the rules of the game,
Rules don't determine how good a project is so this one is not really something I would prioritize.

sometimes they only see the number of bounty participants and bounty managers, and in the end they complain about the energy and time that has been wasted. Cheesy
Certain bounty managers have a certain class of altcoin projects they take part in and I use this too, tbh it's all about due diligence and knowing if a bounty is worth your time! You can't finger point!

 
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BitcoinPanther
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May 01, 2021, 02:03:22 AM
 #124

Most of the bounty hunters do not read the rules of the game,
Rules don't determine how good a project is so this one is not really something I would prioritize.

Indeed! no matter how good or bad the rule is, it will never determine if the bounty can be paid.  Even joining the trusted Bounty Manager never assure us of the payment being delivered at the end of the altcoin bounty campaign.

sometimes they only see the number of bounty participants and bounty managers, and in the end they complain about the energy and time that has been wasted. Cheesy
Certain bounty managers have a certain class of altcoin projects they take part in and I use this too, tbh it's all about due diligence and knowing if a bounty is worth your time! You can't finger point!

The thing is even bounty managers are being scammed by some of the projects.  So even with the due diligence and thorough research there is still a 50/50 chance that bounty campaign owner won't pay their bounty participants.
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May 01, 2021, 02:58:43 AM
 #125

because everything has been planned well by those who want to intend to cheat.
of the many bounty hunters have been given confidence by following their path, from there there must be what percentage will become victims and so on until they are completely satisfied with their results..
so for the con artists, suffer you after getting what you want..

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May 01, 2021, 05:23:19 AM
 #126

You'll never know until you are paid or not or the token gets a high value or worthless.  Many bounty hunters had experience to join a single bounty which last a month or two campaign that paid more than a year of payment of your participation in your current signature campaign. So you'll never understand until you experience it yourself.


As for the token value yes you're right, but on getting paid... Either choose the right bounty manager, or go for an established project, as you are in now. I think I participated in initial Phore campaign few years ago, when they were just starting it.
The reasons why participants in bounty campaigns are deceived are different and not everything here depends on them.
So, many of us took part in the bounty companies of the UnitedCrowd project, which is registered in Germany. From the outset, they announced that the reward pool is 12.5 million of their UCT tokens, which is € 250,000, meaning that their token is supposedly valued at $ 0.02. Moreover, the payment will be made to the participants' ether wallets without any KYC checks and other restrictions.

Now, after the end of the bounty on March 31st, they broke their promises. They offer to register on their website and go through KYC there with the provision of their identification documents and selfies with them, the payment of tokens will be made to the personal accounts of the participants on the site and they will be frozen for three months. However, most importantly, due to the fact that their token has grown in price to $ 0.3, they decided not to pay out the number of tokens that is already indicated in the table and want to reduce them by about 20 times.

This is outright deception on the part of the development team. In this regard, some bounty hunters propose to go to the German courts with a lawsuit against UnitedCrowd in connection with the team's unilateral violation of the essential terms of the contract with the participants of the bounty campaigns. Yes, there may not yet be any judicial precedents for this category of cases, but the case looks quite promising due to the obviousness of such violations.
DigitalFox
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May 01, 2021, 08:18:48 AM
 #127

The reasons why participants in bounty campaigns are deceived are different and not everything here depends on them.
So, many of us took part in the bounty companies of the UnitedCrowd project, which is registered in Germany. From the outset, they announced that the reward pool is 12.5 million of their UCT tokens, which is € 250,000, meaning that their token is supposedly valued at $ 0.02. Moreover, the payment will be made to the participants' ether wallets without any KYC checks and other restrictions.

Now, after the end of the bounty on March 31st, they broke their promises. They offer to register on their website and go through KYC there with the provision of their identification documents and selfies with them, the payment of tokens will be made to the personal accounts of the participants on the site and they will be frozen for three months. However, most importantly, due to the fact that their token has grown in price to $ 0.3, they decided not to pay out the number of tokens that is already indicated in the table and want to reduce them by about 20 times.

This is outright deception on the part of the development team. In this regard, some bounty hunters propose to go to the German courts with a lawsuit against UnitedCrowd in connection with the team's unilateral violation of the essential terms of the contract with the participants of the bounty campaigns. Yes, there may not yet be any judicial precedents for this category of cases, but the case looks quite promising due to the obviousness of such violations.

That would be an easy to win case, I think (but then I'm not a lawyer). I always try to join campaigns that are managed my reputable managers who hold the entire bounty amount, exactly to avoid situations like the one you mentioned.

bison
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May 01, 2021, 08:50:38 PM
 #128

It didn't only happen to this bounty thread in which it is fake, but also other bounty campaigns.
Let's see, For those who clearly look fake or just for fun, they don't pay attention at all and just apply it, without reading and also without wanting to look again. What about bounties that are actually created by scammers, and have really good thread quality? Surely they will be very super gullible.  Grin Grin

they are too hasty to apply for fear that the slots are full, this is of course very detrimental to themselves if in the future it will be very easy to support fake projects because they do not understand the intent and purpose of promoting the related project
sometimes it's not a problem with the existing slots. but trust in certain reward managers that keeps them from analyzing Projects well. when they trust the manager, they will only follow every project that the manager is holding.
see until now some of the big names in this forum also sometimes get project scams. especially in the 2018 and 2019 seasons. many projects emerged but very few were successful.

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May 01, 2021, 08:57:40 PM
 #129

The thread in op show it that all of those bounty hunters in the thread created by CryptopreneurBrainboss are bounty hunters that won't read the bounty they wanted to join as they are only reading how much the reward cost without reading even the title and other important things to read like the whitepaper and study the project if it can survive in the long run rather than find a bounty canpaign and check if the reward is decent.

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May 01, 2021, 09:38:03 PM
 #130

Hey guys it's was a April fool campaign managed by cryptopreneurbrainboss  a reputed bounty manager. But we learned from this campaign that all bounties campaigns hunters don't follow which projects are ? Or even a scams projects. They don't consider anything before joining.

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martina14
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May 01, 2021, 10:49:26 PM
 #131

Bounty hunters got scammed only because lack of knowledge, stubborn(not all), don't know how to listen, and neglectful.
But if the hunters will only be careful and sensitive in the campaign they are joining in, surely in the end they're not gonna be
a victim by the scammers.

Ozero
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May 02, 2021, 05:48:09 AM
 #132

Bounty hunters got scammed only because lack of knowledge, stubborn(not all), don't know how to listen, and neglectful.
But if the hunters will only be careful and sensitive in the campaign they are joining in, surely in the end they're not gonna be
a victim by the scammers.
Situations are very different and it's not just bounty hunters. Many teams that conduct their ICO / IEO using this forum, after the bounty, do not want to pay the promised tokens to the participants of the bounty companies and therefore resort to various tricks, tricks and outright deception, taking advantage of the fact that so far this activity is practically not regulated by states, but bounty hunters are divided and it is quite difficult for us to together defend our violated rights.
Over time, if this activity of bounty hunters is still in demand, perhaps this process will be directed towards a more civilized channel, but for now this is still the period of the "wild" ICO / IEO.
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May 02, 2021, 06:00:04 AM
 #133

I think that you need to ban those people who send their proofs in this campaign. If a person does not distinguish a joke from a normal one, then he has nothing to catch here.

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May 02, 2021, 06:10:43 AM
 #134

Bounties are the most unpredictable thing I know, there are many projects that looks so good with better use case but they end up not paying or they give up the ghost, there are also some projects that looks not so good not attractive but they still deliver and surprised many, I'm looking at you Sovryn 😏

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May 02, 2021, 06:17:23 AM
 #135

Newbies are always fall into this scenario and they keep just joining without even reading full indications of the thread which is a prank in the beginning.  Grin Though there are projects scammed bounty hunters not getting paid despite all the efforts they been through promoting, yet some greedy projects threat bounty hunters with negligence.

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May 02, 2021, 01:54:28 PM
 #136

It is difficult to find honest and worthy bounty campaigns. The best that can happen if a trustworthy bounty manager holds the tokens for distribution in custody. That way the hunters can be sure to receive the tokens according to the rules that were valid when they applied for the campaign.
Yes, but there are not many managers who can be trusted either, so the campaign participants also have to filter and select them first because managers are also human beings who sometimes greediness can also arise at certain times. Grin

I exactly know what you mean. You can't even tell if they are part of the scam. I checked many campaigns and the best are those that pay reliably on a weekly basis. It is not so easy to find such campaigns before they are already closed for new participants.
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May 02, 2021, 02:00:42 PM
 #137

It is difficult to find honest and worthy bounty campaigns. The best that can happen if a trustworthy bounty manager holds the tokens for distribution in custody. That way the hunters can be sure to receive the tokens according to the rules that were valid when they applied for the campaign.
Yes, but there are not many managers who can be trusted either, so the campaign participants also have to filter and select them first because managers are also human beings who sometimes greediness can also arise at certain times. Grin

I exactly know what you mean. You can't even tell if they are part of the scam. I checked many campaigns and the best are those that pay reliably on a weekly basis. It is not so easy to find such campaigns before they are already closed for new participants.
because sometimes the campaign you mean only has a small number of participants. such a project is definitely profitable and we can sell it.
as I followed, even though the price is cheap but I can get something for sure by following the signature campaign.
Currently, many of the bounty hunters only focus on their favorite bounty manager. don't see how the project will be developed.




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May 02, 2021, 02:16:03 PM
 #138

It is difficult to find honest and worthy bounty campaigns. The best that can happen if a trustworthy bounty manager holds the tokens for distribution in custody. That way the hunters can be sure to receive the tokens according to the rules that were valid when they applied for the campaign.
Yes, but there are not many managers who can be trusted either, so the campaign participants also have to filter and select them first because managers are also human beings who sometimes greediness can also arise at certain times. Grin

I exactly know what you mean. You can't even tell if they are part of the scam. I checked many campaigns and the best are those that pay reliably on a weekly basis. It is not so easy to find such campaigns before they are already closed for new participants.
True but some of them are also not consistent and some  times dont seems to know whether they really want to go on with the bounty campaign or not. I noticed a couple that after every week the BM had to call of the bounty until they verify that the next week will continue and after 2 weeks it was stopped. Some times some of those bounties too are limited to higher ranked members due to their limited application. 
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May 02, 2021, 02:41:39 PM
 #139

The majority of bounty hunters just want to have as many campaign, majority of them are not sure if the project they are promoting have potential in the market, especially those in social media bounty, I have seen bounty hunters still promoting campaigns even if it has a scam accusations because they are not doing research or visits the scam sections.

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May 02, 2021, 02:47:24 PM
 #140

The majority of bounty hunters just want to have as many campaign, majority of them are not sure if the project they are promoting have potential in the market, especially those in social media bounty, I have seen bounty hunters still promoting campaigns even if it has a scam accusations because they are not doing research or visits the scam sections.

The ability to analysis or find information about good bounty projects is needed, many bounty campaigns commit scam and this is really detrimental to a bounty hunter and also investors who invest in the project. therefore I would be better off waiting for a project that has a greater chance of being well developed by devs than following all the campaigns

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