Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Legacy360 on September 29, 2020, 12:12:20 AM
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Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.
I'm believing that gradually, will may start seeing the inclusion of other social media signatures like Facebook, LinkedIn, medium, article, videos, blogs and many more, coming up in both bounty section and service. I'm sure that hunters will prefer social media signature than the scam going on in the board.
I guess one reason that we are seeing that Twitter campaign is because of the audit which takes care of non real followers of an account. So if your Twitter account isn't made of real followers, you stand no chance of being selected. The audit is surely to check out accounts with fake followers and that is also good to stop scamming.
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There will always be scams and frauds in this industry all because the market is getting wider every day, the reach for possible victims are getting more and more plus with new technologies and new applications it is quite easier to victimized people. Sad but true. As a saying goes: You can never be true careful, and it is quite true here in cryptocurrency. We maybe able to control or minimize scams with the help of proper education and using so many common sense (which we always lack these days!).
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scam against the bounty hunter will always be at the present time a lot of projects that turned out to be a scam and copy whitepapers other projects to be made an idea and benefits of the project were certainly all not all of the bounty hunter realized that to the work of them keep doing their job as a bounty hunter just careful senior members to see the project that was nice or not.
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I do not believe that something can stop the fraudsters, because any verification can be bypassed, and the fraudsters know how to do it.
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Sadly, scams are the new now. There is no way scams can be eliminated completely in the world, talk less of cryptocurrency world. It is the way of the world
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Thats good news I hope that in AltcoinsTalk forum there would be a social media campaign that was directly paid with liquid token such as BTC, ETH ,XRP etc. because most of the abuses on Bounty campaigns are frequently happening on Altcoins bounty section.
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I don't think we need to pay very much attention to members of this forum who have multiple accounts. The real fraud is when the participants of the bounty campaigns have completed the agreed work, and they are not paid for no reason or for various far-fetched reasons the tokens they have earned. Paying on social media is also not any kind of fraud-free guarantee.
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Thats good news I hope that in AltcoinsTalk forum there would be a social media campaign that was directly paid with liquid token such as BTC, ETH ,XRP etc. because most of the abuses on Bounty campaigns are frequently happening on Altcoins bounty section.
It is true that I am also looking forward to this, paying top coins will be very good for bounty hunters. we know a lot of new altcoins after dump distribution in the market and some projects also failed.
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To promote a project in social media must be done carefully because it is possible that you can invite or attract the attention of investors. Then few months later you find out the project is scam. It is unfair and embarrassing moment. Always be cautious.
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To promote a project in social media must be done carefully because it is possible that you can invite or attract the attention of investors. Then few months later you find out the project is scam. It is unfair and embarrassing moment. Always be cautious.
Of course, you will have to take the choice of projects for advertising very seriously, because the wrong choice can ruin your reputation.
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As far as i know the project owners will never agree to pay in btc with only a few exceptions and they have a valid point that they are raising funds to develop the project and if they pay bounty rewards in btc then how they will develop the project that can take multiple years to develop.
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Most projects are currently being scammed. The reason is that the team of projects is not good. If the team of projects was good, then there would be income. Because the projects team is doing well by arranging their projects and taking money from the market. Investors are losing out, but those of us who work in the bounty are losing out. This is the case with most projects. I don't think the forum will improve if this continues. Because there are good comments about Bitcoin and other currencies. After promoting the project here, the popularity of the project increased a lot.
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The project here may be a scam but you have to be patient. There is a possibility that some more projects may be successful but here it is. Because there are some honest people out there who are interested in promoting their projects and they explain their dues to the Bounty Hunters at the end of the campaign. But there are some people who commit corruption, that is, corruption, fraud, they kill money and leave.
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Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.
This quoted line alone tells anyone who's active on this forum and BTT where you copied this post from, since i registered here, am yet to find any service section here so am 100 percent certain you copied this post from BTT
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Social media campaigns are not an option for such forums. Signature campaigns are important for such forums. But no matter what we do, frauds will always be present in bounty companies, wherever they are carried out. The situation can only be corrected by state regulation of this type of activity. Introducing something akin to licensing or at least clear registration for teams will greatly reduce the level of fraud in this area. In the meantime, scammers will always be a few steps ahead of us.
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I do not believe that something can stop the fraudsters, because any verification can be bypassed, and the fraudsters know how to do it.
agree, we can't stop scam, It will always happens.
We must be careful and lear the sign of scam project.
Although It's difficult but we can reduce the loss.
I have met several time scams project, till now, It's hard to detect.
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I don't think this so it can be fully stopped but can be reduced if the dev starts offering in BTC or USDT or any other listed currency that is trusted in the market. Even in the recent time I got USDT from 3-4 campaigns that I loved and participated in because we have been assured that we will get something in value so that matters for every hunter. I see many of the Twitter Ac full of Follow me or follow back I generally avoid such Acs because I always feel they can be blocked because they follow unlimited peoples daily and Twitter can restrict such Acs and this is good to stop the spamming so there should be some regulations for the bounties so that hunters can not be scammed easily until and unless project failed.
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Bounty fraud will continue to exist. Fraudsters, if they wish, will always find a way to deceive bounty participants, regardless of where such a campaign will be held: on social networks or on this forum. Bounty hunters always risk their labor and efforts. As long as these activities are not organizationally regulated by states, unscrupulous teams will always periodically deceive bounty hunters.
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I don't see the bounty scams declining very soon. There is still a lot of fake projects out there. I have been scammed several times through the bounty campaigns. Recently, I complete a bounty campaign and we were asked to submit KYC and the majority of us passed the KYC. still, we were not paid. They collected our data and they didn't pay us.
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I don't see the bounty scams declining very soon. There is still a lot of fake projects out there. I have been scammed several times through the bounty campaigns. Recently, I complete a bounty campaign and we were asked to submit KYC and the majority of us passed the KYC. still, we were not paid. They collected our data and they didn't pay us.
it seems that there are already many bounty campaigns that are scams and have various types of fraud that are different from each other, therefore we as participants in the bounty campaign must be careful and don't get involved in a campaign that doesn't pay, it's just that until now we haven't had any I know because usually they will show a friendly attitude when they are still in the initial process of running a campaign.
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Trust me, bounty will still be an important channel of marketing strategy. Currently, most of the small and medium projects are still conducting bounty campaigns to reach the community. Some projects use other marketing tactics through ambassadors, AMAs, contests but they are not really effective and they are very complicated.
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I do not believe that something can stop the fraudsters, because any verification can be bypassed, and the fraudsters know how to do it.
agree, we can't stop scam, It will always happens.
We must be careful and lear the sign of scam project.
Although It's difficult but we can reduce the loss.
I have met several time scams project, till now, It's hard to detect.
you are right, I also have a hard time identifying which projects are scams or not. even a project that looks very clear and convincing can end up being a scam or not paying out. now we are forced to be more careful in choosing bounty projects.
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Social media campaigns are not an option for such forums. Signature campaigns are important for such forums. But no matter what we do, frauds will always be present in bounty companies, wherever they are carried out. The situation can only be corrected by state regulation of this type of activity. Introducing something akin to licensing or at least clear registration for teams will greatly reduce the level of fraud in this area. In the meantime, scammers will always be a few steps ahead of us.
No matter what we do, we are always at the mercy of those people running the project. Anytime, they can declare to be not doing well or they think that it is about to go and say goodbye to their supporters or just say that the project is hacked therefore they decided to have a vacation with a remote island for the time being so they can return back with a new project to scam us again. So many things can happen and there are those who are not really scammers but just decided that the bounty has become worthless and therefore they decided they will never release what they promised to us. I could go on and on with different scenarios...but they bottom line is that we are on the losing end of everything wasting time and effort for nothing at the end. And I see no appropriate and 100% effective cure for this problem...for now!
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~ I also have a hard time identifying which projects are scams or not. even a project that looks very clear and convincing can end up being a scam or not paying out. now we are forced to be more careful in choosing bounty projects.
Yeah, It's really difficult to identify scam project or not.
I also find the project seems very clear ,but end up being a scam, It always happens at crypto world.
So, we must always be careful.
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Scams are always there and the only way to avoid them is to make depth research on a project before joining their bounty campaign. There are a lot of new bounties almost every day, but only a few will pay the exact amount that allocated during the beginning of the bounty, so it's good to make a good research first to make sure you are joining a bounty of a good project.
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I myself also have difficulty which projects are scams and projects that are not scams in one way to avoid scams is to research and always be careful to avoid unpaid campaigns
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to detect my own scam, still having trouble or maybe by researching first to avoid scams and get a really good project, we have to be careful
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to detect my own scam, still having trouble or maybe by researching first to avoid scams and get a really good project, we have to be careful
It's really difficult to detect scam bounty.
I have joined bounty since 2015, and always faced this problem.
Some times, we join at good bounty manager ,but the project is scam.
Ever joined good bounty, but bounty manager didn't distribute the reward and go way.
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I myself also have difficulty which projects are scams and projects that are not scams in one way to avoid scams is to research and always be careful to avoid unpaid campaigns
With a good team and a clear product, I think it has more potential for the project to be successful. Although it is indeed difficult to choose which project is a scam or not, but we can choose a Cryptocurrency project with the two components above, namely having a good team and clear products.
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I myself also have difficulty which projects are scams and projects that are not scams in one way to avoid scams is to research and always be careful to avoid unpaid campaigns
It is not known in advance which project will be scammed. However, there are some factors that can be seen that the project will be a scam. Such as fake team members, Plagiarized Whitepaper, newly created social media profile, uncoordinated roadmap etc.
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I myself also have difficulty which projects are scams and projects that are not scams in one way to avoid scams is to research and always be careful to avoid unpaid campaigns
It is not known in advance which project will be scammed. However, there are some factors that can be seen that the project will be a scam. Such as fake team members, Plagiarized Whitepaper, newly created social media profile, uncoordinated roadmap etc.
Well, there are many methods to detect scam projects
But It's still difficult to know them
Learn white paper, know the team and project.
Of course reputated bounty manager.
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Well, there are many methods to detect scam projects
But It's still difficult to know them
Learn white paper, know the team and project.
Of course reputated bounty manager.
We all see, It's really difficult to detect scam projects.
I think almost all members here ever bought scam coins or joined in scam bounty.
But don't worry, We will find good project and good bounties here
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I agree with you and I think that soon everything will stabilize and all rewards will be checked by good platforms where there will be no such strong charge
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Well, there are many methods to detect scam projects
But It's still difficult to know them
Learn white paper, know the team and project.
Of course reputated bounty manager.
It's not that easy to determine whether the project is a scam or not, but looking at what you have to say can give you a little assurance that the project isn't a scam. and also now it's better to follow the Bounty project that has submitted gift tokens to the Bounty Manager or the Bounty project that we are participating in has done escrow.
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Well, there are many methods to detect scam projects
But It's still difficult to know them
Learn white paper, know the team and project.
Of course reputated bounty manager.
It's not that easy to determine whether the project is a scam or not, but looking at what you have to say can give you a little assurance that the project isn't a scam. and also now it's better to follow the Bounty project that has submitted gift tokens to the Bounty Manager or the Bounty project that we are participating in has done escrow.
Yes, I think escrow is the best way to protect from scam project.
Bounty manager should ask escrow, maybe at top coins or their coins, But top coins are more safety.
Always be careful to join bounty campaign.
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Yes, I think escrow is the best way to protect from scam project.
Bounty manager should ask escrow, maybe at top coins or their coins, But top coins are more safety.
Always be careful to join bounty campaign.
Agree, Escrow in top coins is more safe to reduce scam project team.
I think bounty manager should do that , because There are several scams project that didn't pay bounty participants
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I believe and agree that actions like that can stop scams of course also with education and the most appropriate thing is how smart we are smart to choose a good project and not a scam first, be careful about the project that we will enter
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Yes, I think escrow is the best way to protect from scam project.
Bounty manager should ask escrow, maybe at top coins or their coins, But top coins are more safety.
You are right. Escrow the bounty rewards before the bounty is launched. This is the best way to secure the payment for the participants. Unfortunately, many of team projects don't want to escrow the rewards. They want distribute the rewards their selves, the bounty managers don't it. While for escrowing top coins, only a few projects want pay with top coins.
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deception to hunters will never stop at any time as long as the bounty campaign is still on every forum. and sometimes the organizers cooperate with the bounty manager in committing fraud and deliberately deceiving bounty hunters
I don't need to mention who the BM is
(sorry to all BM) if you don't feel it don't take my comment to heart
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Yes, I think escrow is the best way to protect from scam project.
Bounty manager should ask escrow, maybe at top coins or their coins, But top coins are more safety.
You are right. Escrow the bounty rewards before the bounty is launched. This is the best way to secure the payment for the participants. Unfortunately, many of team projects don't want to escrow the rewards. They want distribute the rewards their selves, the bounty managers don't it. While for escrowing top coins, only a few projects want pay with top coins.
If the project team didn't want to pay escrow for top coins, They can escrow at their coins, If course new coins.
That's good way to protect bounty hunter from scam projects.
But, As you said, many project teams didn't want to do it.
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This quoted line alone tells anyone who's active on this forum and BTT where you copied this post from, since i registered here, am yet to find any service section here so am 100 percent certain you copied this post from BTT
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In my opinion Yes, I think escrow is the best way to protect from scam project.
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This OP was started way back in 2020 almost one year already has passed, but still, the bounty scams persist, and the liquid cryptocurrency paid campaigns have become normal but the budget was reduced too much plus the uncontrolled participation become rampant that's why bounty campaigns are no longer profitable and slowly fading.
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The Bounty Scam will continue to exist, and it is unlikely that it will stop in Cryptocurrencies.
This is a risk that a bounty hunter must accept, and for some people who often hunt bounties, this bounty scam is commonplace.
Therefore, to minimize losses or get trapped in a Bounty SCAM, we must do research first before we join a Bounty.
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The Bounty Scam will continue to exist, and it is unlikely that it will stop in Cryptocurrencies.
This is a risk that a bounty hunter must accept, and for some people who often hunt bounties, this bounty scam is commonplace.
Therefore, to minimize losses or get trapped in a Bounty SCAM, we must do research first before we join a Bounty.
Agree we will always see scam bounties, But n matter.
We should do research before join the bounty , See the bounty manager and the project.
I think We must be careful.
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The level of fraud will noticeably decrease in new projects during ICOs, IDOs or other similar events when creating new tokens, if this type of activity is regulated by the relevant government bodies, which will check the project team members and make copies of their personal documents.
But overall, cryptocurrency fraud will probably never go away. Anonymity when using the Internet, where a large monetary capital of newcomers to cryptocurrency is concentrated, is a good environment for scammers.
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First of all, every bounty manager must be strict with hunters, who also preach fraudulent actions. This negatively affects the project itself, but if the project is promising, then it is very difficult to harm it. An example is Junca Cash, which has produced feet in the Defi industry, although the bounty campaign has gone very well and everyone is expecting their reward.
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People have become more vigilant about fake projects and such fake project has drastically reduced. New projects creator has found ways to make projects real to the investors by showing what they have been doing with the project or the extend they have gone developing the project.
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I still remember a lot of coins being created on the ethereum network in 2017 to 2019, from some of the new projects I was involved in all of them paid off, although some other projects did not continue that project, for example Dragoncoin, this was a project with a good team, back then they have sponsored world rally racers, you can see it here https://twitter.com/DragonCoin however there is a lot of competition in the crypto space, until now I haven't seen any updates on their twitter channel.
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As it was before, there were a lot of scam projects, many projects when there was a rush of cryptocurrencies wanted to earn money, collected money for the development of the project and went into the sunset with this money.
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Scammers will always be there to scam the hunters or investors. They do intentionally scam the people. They don't care about anyone they just want money only so once they collect a hefty amount then they run away even we have seen many project rugs pull but if we all get paid in other currencies like BTC, Eth, BNB, or USDT that would be good for all the hunters at least they will be sure that they will get something at the end of the campaign but the fact is paying in other currencies other than native token projects hardly there.
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We are seeing fake or scam campaigns for several years. Most of the projects are usually scams when they say they are not getting enough response. If the project succeeds they usually paid hunters though there is some exception about it. Scammers are getting a new way of scamming day by day and you can not stop it.
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Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.
I'm believing that gradually, will may start seeing the inclusion of other social media signatures like Facebook, LinkedIn, medium, article, videos, blogs and many more, coming up in both bounty section and service. I'm sure that hunters will prefer social media signature than the scam going on in the board.
I guess one reason that we are seeing that Twitter campaign is because of the audit which takes care of non real followers of an account. So if your Twitter account isn't made of real followers, you stand no chance of being selected. The audit is surely to check out accounts with fake followers and that is also good to stop scamming.
Looks like you didn't know that the Signature campaign has been paying out in BTC for a long time now. I have participated in BTC paying signature campaigns for a while now and just even concluded on one recently over BCTalk and I believe that there might be ones here too even though I haven't partaken here yet. BTC tweeter paying campaign is new to me cos I know these are mostly under Alts Bounty.
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Crypto scammers are now smarter and more sophisticated even than the developers of the most advanced projects. Therefore, crypto enthusiasts should study all the details more carefully so as not to run into a scam.
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Crypto scammers are now smarter and more sophisticated even than the developers of the most advanced projects. Therefore, crypto enthusiasts should study all the details more carefully so as not to run into a scam.
Of course, Crypto scammers are smart people that have bad attitude.
They choose wrong way to get money.
We must be careful to choose projects and coins.
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Crypto scammers are now smarter and more sophisticated even than the developers of the most advanced projects. Therefore, crypto enthusiasts should study all the details more carefully so as not to run into a scam.
Of course, Crypto scammers are smart people that have bad attitude.
They choose wrong way to get money.
We must be careful to choose projects and coins.
In fact, crypto scammers are easy to spot. As a rule, they do not create any product useful to people, but only use hype and greed , like meme coins.
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when there is a bounty scam in my opinion it has become a common thing because there have been so many bounty campaigns that look like that and this is sometimes not the fault of the bounty manager, but purely the fault of the developer who does not pay the bounty campaign participants.
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Seriously?
I personally never think about that. Bounty scam is likely scam projects, they will be always here around us. Deceiving more people who are careless when choosing the bounty programs. Sometimes, bounty program is also very promising but in fact they are scam.
But I ma also sure that many more bounty hunters here are smarter, so that they will be not easy to be deceived.
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Cryptocurrency fraud will probably always exist. This area is just perfect for scams. This is facilitated by relative anonymity, the lack of experience of most new users, the relative complexity of working with cryptocurrency, the concentration of large capitals in this area and the weak regulation of cryptocurrency by states.
In bounty campaigns, the situation is similar. Here the probability of successful fraud is even much higher.
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Seriously?
I personally never think about that. Bounty scam is likely scam projects, they will be always here around us. Deceiving more people who are careless when choosing the bounty programs. Sometimes, bounty program is also very promising but in fact they are scam.
But I ma also sure that many more bounty hunters here are smarter, so that they will be not easy to be deceived.
Scam project and scam bounty will always be there around the crypto currency.
It will never end.
Better we do research firstly before invest or participate in bounty campaign.
I agree with you mate, we will face scam projects every time
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Talking about scam bounty, I think it depends on their project team and bounty manager.
There is reputated bounty manager that open bounty campaign but the project team is a scammer.
it will make us waste of time.
I think it's really difficult to detect scam project.
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Unless there is global regulation of the cryptocurrency sphere, scams and dishonesty would be its mainstay, unfortunately. That is what you get in an unregulated sector. I'm all for regulation
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This has been tackled many times here in the forum or in the other forum platform like in the bitcointalk, still repeatedly happened, I added that social media platform is likely easy for the scammers to enter and do cheat in the different campaigns here in the crypto space as long as they see a lot of people here are really have lack of knowledge, just like that.
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You are totally wrong here because scammers are not retiring and there not be any regulation about bounty scammers. Most of the projects that scam investors have something in common and that is the animosity of their team members or fake team profile. You just need to cross-check that info to identify one so that your time will not be wasted.
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Unless there is global regulation of the cryptocurrency sphere, scams and dishonesty would be its mainstay, unfortunately. That is what you get in an unregulated sector. I'm all for regulation
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I don't see a decreasing trend in cryptocurrency scams. Cryptocurrency is still very attractive to various kinds of hackers and scammers with large funds in the hands of its inexperienced owners. In addition, significant anonymity, the possibility of committing a crime from anywhere in the world thanks to the global Internet is a very breeding ground for scammers. Law enforcement agencies of all states can reduce their number if they unite to fight this evil. But they will not be able to finally solve this problem.
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There are some bounties that promise to pay huge amount of rewards but then end up as a complete waste of time and effort.
But most times, signature Campaign pay well especially for those with high rank.
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There are some bounties that promise to pay huge amount of rewards but then end up as a complete waste of time and effort.
But most times, signature Campaign pay well especially for those with high rank.
Yea, If you join and participate in scam bounty ,it seems you waste of time.
I think we should do research before join them.
But no matter.
Because there are several reputated bounty manager that will open legit bounty.
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No I don't think so. Rather, the scale of the scam-filled project is increasing now. It is very difficult to identify the right project for bounty hunters. Yes we can hope. As this is a serious problem, some action should be taken on it. And get rid of it soon.
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Due to recent events, I understand that even among the top projects it may turn out to be fraudulent due to manipulations with it by large participants in the crypto market. We can only change our strategy, not get attached to the coin and diversify risks.
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Talking about scam bounty, I think it depends on their project team and bounty manager.
There is reputated bounty manager that open bounty campaign but the project team is a scammer.
it will make us waste of time.
I think it's really difficult to detect scam project.
I agreed to your statement, most of the time bounty Manager has no connection to those projects who is scammers for real, that is why there are some BM when they find out that the owner of the projects they managed is very suspicious and didn't reply for the concern issue, at once they paused the campaign.
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You need to look at the managers who lead bounty, if they have bad projects, there are a lot of scams why support this manager. The forum should probably disqualify such managers itself.
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Now there are few worthy projects and it is difficult being a manager to look for such and not make a mistake
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It's hard to distinguish good projects and scams, some projects fail due to lack of funding, some bounties fail to get paid because projects don't have enough capital, but nowadays many new projects have listed their tokens on the exchange, but some of those tokens don't have a price. due to lack of liquidity
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Many projects are driven by greed with their exorbitant appetites, but we already see how the market punishes such projects, the cost of which drops significantly after the sale.
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It may be unnecessary to immediately lower the price of scam projects, it is better to let the people who purchased the coins of the project sell first. It is better to talk about these projects right away so that fewer people get caught on EA scam projects.
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Many projects are driven by greed with their exorbitant appetites, but we already see how the market punishes such projects, the cost of which drops significantly after the sale.
although he has been punished with a lower market price, his intention to make a profit can be fulfilled. indeed that is the goal they are looking for, they will continue to make fraudulent projects again. This kind of treatment will be repeated again and this clearly does not have a positive effect on the development of the bounty in general, there must be a stricter selection so that they do not continue to do that.
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Will there be no more Bounty scams in the future? I think this will always be there, and Bounty hunters should stay vigilant about it. Many people create new projects with wrong intentions, so many investors and even bounty hunters lose time, energy and even material.
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Will there be no more Bounty scams in the future? I think this will always be there, and Bounty hunters should stay vigilant about it. Many people create new projects with wrong intentions, so many investors and even bounty hunters lose time, energy and even material.
I think what my friend said is very true, no one will be able to do anything to be able to remove bounty fraud even more rampant and uncontrollable day by day. Those who have the authority should be able to give warnings to those who are naughty not to do that but it doesn't seem to have been done. so we just hope that one day more and more people will realize that things that are done wrongly will only harm themselves in time, so we hope that it will make changes happen like the golden year in 2017. there is always hope that it will happen again and there will be a time.
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Scams have become so smart that you won’t be able to differentiate them from genuine services. Only the ones who have enough experience in the market can tell you how to differentiate.
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Scams have become so smart that you won’t be able to differentiate them from genuine services. Only the ones who have enough experience in the market can tell you how to differentiate.
It's so difficult to detect scam bounty. I agree with several opinions from member here.
I think We will see many scam bounties, because It's so easy to create tokens.
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Scam bounties will always be there.
We know bounty project teams didn't KYCed.
and not easy to know the project, scam or not.
It depends on our experience
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Unless you’re planning to be your only employee, you’re going to need to recruit and hire a great team to get your company off the ground. https://mlsdev.com/blog/hire-app-developer said entrepreneurs need to give the “people” element of their businesses the same attention they give their products. “Your product is built by people,” Zawadzki said. “Identifying your founding team, understanding what gaps exist, and [determining] how and when you will address them should be top priority. Figuring out how the team will work together … is equally important. Defining roles and responsibility, division of labor, how to give feedback, or how to work together when not everyone is in the same room will save you a lot of headaches down the line.”
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Scams have become so smart that you won’t be able to differentiate them from genuine services. Only the ones who have enough experience in the market can tell you how to differentiate.
Fraud can take many forms and unfortunately it is difficult to determine which of the projects will live and which will disappear over a long distance.
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I don't see any indication that scams are moving away from bounty rewards or cryptocurrencies in general. Cryptocurrency is a paradise for various scammers. Relative anonymity and work on the Internet anywhere in the world are ideal conditions for scammers. Moreover, many people invest in cryptocurrency without sufficient experience and easily become victims of fraud by scammers. No, cryptocurrency scams will continue to exist for a long time to come.
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I don't see any indication that scams are moving away from bounty rewards or cryptocurrencies in general. Cryptocurrency is a paradise for various scammers. Relative anonymity and work on the Internet anywhere in the world are ideal conditions for scammers. Moreover, many people invest in cryptocurrency without sufficient experience and easily become victims of fraud by scammers. No, cryptocurrency scams will continue to exist for a long time to come.
You're right, I think we will alway see the scam project and scam bounty.
We didn't have power to refuse them.
They will always there.
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I don't think so unless there is some kind of regulation in the crypto market. There is no liability for the devs who run away after collecting the funds. To date, many projects come and gone and investors have also forgotten the scam projects. Still, very few of the bounties pay us in BTC and USDT but we should also know the rewards are very less at least if it has been escrowed by BM you must get some rewards after the campaign is over and that is a good thing for the hunters.
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I wish your words come true. But as I see right now there are a lot of bonity project spam coming in. which is very sad so i hope one day all your words come true
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I wish your words come true. But as I see right now there are a lot of bonity project spam coming in. which is very sad so i hope one day all your words come true
Scam bounty will make us annoying because waste the time.
Not easy to detect scam bounty.
We should knowledge and experience to detect it.
But TBH, It's really difficult
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Of course, it is very difficult to recognize a fraudulent project, but it is possible if you carefully study the project you are going to invest in when the Bounty program is running.