Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Delgboke on July 25, 2020, 10:57:36 PM
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If you go through some crypto channels where some crypto Airdrop bounty that are been promoted but end of it all you will receive such token in your wallet but never listed in exchange' while some are have been aboudoned in the forum and exchange because the team have left the project without pre-informing the community.
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Many of cases like this are purely scams or failed to collcet funds in ICO phase. The project teams must stay at the telegram channels to answer people questions if they are really managing a real project. They won't stop it because they have explained everything in detal from the beginning. So, be careful guys to alayze a project to join. Yep, better to choose IEOs.
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It is so usual this kind of things in the crypto world. The team is only seeking for the money,, but no willing t have serious projects. Commonly they are scammers or shit projects that offer only very legit promise but nonsense result. This is not fair but this common happens.
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This is how actually the scammers do and work. Although they always ensure that their team is working but there is no result, they are scammers. They may have used the funds for their needs and then they have no exchange to list the token. And they are gone.
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Yes I am in bitcointalk and Altcointalk forum several years ago, I found many projects continue its ico successfully but they shout down their website without notice, cindex, kingcasino, drife, so on... Please avoid such kind of managers.
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yes, the project is made without clarity very much ICO or IEO more that failed and left behind many factors that make a project off a lack of funding to continue their projects project scam intended to fool investors CEO left the project without any apparent reason maybe because he already getting a lot of money and they just abandon the project.
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If you go through some crypto channels where some crypto Airdrop bounty that are been promoted but end of it all you will receive such token in your wallet but never listed in exchange' while some are have been aboudoned in the forum and exchange because the team have left the project without pre-informing the community.
Most of those cases, about 90% are plain scammish. And usually exit scam immediately after the ICO/IEO. The smaller percentage are projects caught with either a bear market claws or had a lawsuit or administrative issue that is holding them. back. The later usually explain to their community the issue, unlike the former that just disappear without an explanation. Sometimes the later may actually be a scam, in this case a soft exit scam
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I have joined almost all the forums where the project is promoted. However, I have seen the promise of many projects. But they did not keep their promise. They have taken a lot of money by talking about exchange list. For example, Matchbillon, Highbank, Hedpay, koitoken, Bcnex exchange, Ahrove, point.pay, Cindex, Etherzero, Bizepay, Skyrus, hinto, Rachelx, Pngme, Hivenet, Citios (R2R), XERA, Endchain etc have forged the project. However, some projects have been listed in CoinMarketCap. But did not pay. The bounty manager of some projects was dishonest. Again there were some fake teams. All in all did not pay. Do you think their motives were good?
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If you go through some crypto channels where some crypto Airdrop bounty that are been promoted but end of it all you will receive such token in your wallet but never listed in exchange' while some are have been aboudoned in the forum and exchange because the team have left the project without pre-informing the community.
Every new users want to make easy money by participating in airdrops, but they don't do any research before joining in those airdrops. That's why more airdrops are appearing in the markets and scammed people by collecting users social profile data. The main motive of those fake airdrops to gain followers on social media because some projects changed their social profile name or sell out those profiles. So it's make no sense to join any airdrops wiithout proper research, IMO.
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The team is also trying their best to pursue the project, unfortunately, the tide in the market couldn't be resist. It is more likely to stop or abandoned the project to lessen the damage in the packet. Unfair for hunters and investors who helped the project and hoping for success. Either the team, investors, or hunters we are all in the circle of risk.
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I see this very often. Therefore, I am not at all surprised that the team leaves the project and we participants do not receive anything.
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If you go through some crypto channels where some crypto Airdrop bounty that are been promoted but end of it all you will receive such token in your wallet but never listed in exchange'-snip-
Buddy, don't believe in crypto channels! Most of them are paid already to promote the scam projects. We don't expect much on the ratings of a project that is listed in crypto channels. Please do own research and choose a project that you assume has a good future because of some strong reasons. Check the team track-record, the project identity and legality, and also learn carefully the WP.
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Many scammers create cryptocurrency companies to deceive investors, and after receiving money from investors, the developers run away with money in an urgent manner and then they can no longer be found, so you should be wary of every cryptocurrency company in which you want to invest.
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Some of these project planned to scam people for theirs funds and some did not plan it. Sometimes, when a projects failed to raise required funds to develop a project, they eventually fail and end up either as exit scam or will inform their investors/community. Some refund investors money and some simply just disappear into thin air. Whichever way, you can't always tell from the beginning what would happen to a project...
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I think those are just scammers. It doesn't cost much for issuing a new token through Ethreum smart contract. Scammers just create a token buy spending some dollars then pay popular airdrop channel to promote them. If they got only double the money they spend on promoting that scam project it's still profitable for them.
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That is absolutely true, alot of criminals have made crypto space really worrisome. They just create a fake project just to raise some fund then disappear with the fund. These kind of projects have plagiarised whitepapers, fake team members or advisors. Some can't even give you a sensible answer when you ask about the use cases of their project hence you get all the reg flags to warn you of these scammers
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often project ico left a token without a price that makes the bounty and the airdrop receive tokens waste that is not listed on the exchange of this put a bounty hunter and airdrop hunter becomes disappointed and sorry for promoting the project scam that has no value and is worthless for sale I also experienced this in 2018 a lot of getting coins from the bounty but worthless.
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I also experienced this in 2018 a lot of getting coins from the bounty but worthless.
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We all have experienced receiving worthless token from all these fly by night crypto projects. It is quite sad as nobody cares about bounty hunters. Sometimes projects pays hunters after token has already dumped and makes me wonder who is selling so low, can an investor really buy token and then sell lower than ico price? Probably not! Meanwhile, hunters spent money on data and wasted time as well. It's just all risk we have to take, some projects have paid really good too. I guess it's you win some and lose some.
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Many factors can contribute to such a dead end for any project, not only in crypto.
If the team isn't really willing to make it something to stay for good, of course the dead end is the only result for such thinking.
I know a project that took 3 years development & finally delivered their working product, no talk, no hype, no bullshit, just pure work with lots of patience.
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Not surprising. out of 10 projects only 1 remains on the market.
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If you go through some crypto channels where some crypto Airdrop bounty that are been promoted but end of it all you will receive such token in your wallet but never listed in exchange' while some are have been aboudoned in the forum and exchange because the team have left the project without pre-informing the community.
Many teams run their ICO just to raise funds. They are not really interested in the development of the project. Therefore, after raising funds, they fulfill their obligations to distribute their tokens to participants in bounty ICO campaigns, because in fact they do not need these tokens. By doing this, they gain some time so that they are not considered fraudsters, and then disappear with the collected funds. Gullible and naive investors and participants in ICO bounty campaigns have been waiting for the tokens to appear on the exchange for a long time after that. However, they will no longer appear there.
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I think the basic reason why the team abandoned the project because of struggles challenges and volatile market. It is possible the team did not contain the pressure during marketing or the project intentionally created to scam people. As bounty hunters no choice but to accept the fact and move on.
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I have seen many tokens like this which are run airdrop or bounty. But those tokens never see the exchange. However token shots are demanded to be released. However, the amount of the release bet is not available in dollars. Many times the project fails. But I don't think these incidents are a problem. I agreed to see. However, I think the failure rate of crypto related projects is going to be remembered. The amount of successful project is increasing.
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A lot of project just vanished although they've done there best to make the project land into success. Some did exchange list and yet went wrong and leave the project. As usual bounty hunters wait further updates and payment as promised by management.
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Well some projects will fail and some just trying to scam. It is better that you do your own research because nowadays there are still many scam projects in crypto space so be careful.
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Most of the cases it has been proved that the project which is scam couldn't continue its operation to the market. When the bounty hunters realize their scamming activities, leave the project without any notice. Such project is bound to close within short time.
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Many of cases like this are purely scams or failed to collcet funds in ICO phase. The project teams must stay at the telegram channels to answer people questions if they are really managing a real project. They won't stop it because they have explained everything in detal from the beginning. So, be careful guys to alayze a project to join. Yep, better to choose IEOs.
You have made good points. Most of these people are scammers, they are here to take our money and made away with it. We are at fault anyway because we failed to do necessary research before investing in such projects. Please be very care about making investment in projects.
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Some people are truly scammers. They created projects to scam people only, so it is not surprising if the projects are stooped after the fundraising phase suddenly. We have already seen many cases stopping the projects suddenly, especially in 2018-2019.
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Read comments on this thread from head to tail, all have experienced it. Prize hunters are strong fighters in my opinion, there must be a trusted organization that can give permission to new projects that want to hold ICO or IEO fundraising so that there is harmonious cooperation between the project team and the bounty hunter and minimize scams, so that it will make investors a little eliminate negative impression.
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It can be said that motivation is a universal key, helping you overcome all difficulties to get the job done. Therefore, sometimes you have to motivate yourself to be able to create a successful project