Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: tonymillions84 on June 04, 2021, 01:39:01 AM
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A recent review of current campaigns shows that more projects are launching. those these means scammers are back with new projects or cryptocurrencuy is gaining the right direction. initially, it use to be bounty campaigns that kick starts and disappear midway when there are no investors Or when the project start up failed.
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The number of new bounties are on the rise as the market scenario is better than last year before COVID 19. Many projects are becoming success either from IDO, ILO, IAF but scamming is also increasing rapidly. We have completed many bounties but only a handful turn bounties pay us. Almost 80% project don't pay us, out 20% paid, 10-15% are worthless. On the other side, Investors are also victimized by Scam. I am also victimized recently from IDO and ILO like USOGUI, ZENCHAIN, MOONCHAIN project.
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I would not say that a lot of bounty companies have appeared recently, unfortunately, judging by previous years, this year there are very few bounty companies and in general most bounty companies are, of course, scam as usual, even top projects that collect a huge amount of money turn out to be scammers and do not pay bounty hunters.
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In 2020, the cryptocurrency market was in good shape. Currently the situation in the cryptocurrency market is much worse. However, the current deterioration in the cryptocurrency market has had a huge impact on the price of each coin. Again, when the market conditions were much better, the new projects were much more successful. But now the scammer has started to cheat in the cryptocurrency market. So the condition of bounty projects is not very good.
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Yes many new projects are coming to the bounty campaign. In one side it is very good news for the bounty hunters and also for crypto market. But in another side there there has a greater possibility for scamming. The scammers may run new projects with new way. Recently we have noticed that some bounty projects have refused to give payment of the hunters. It is the alarming when project is successful but refuse to pay. So with the increase of new bounty project it is necessary to draw different systems to protect scamming.
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Although the number of projects are increasing but most of them are really shit. They does not worh anything. Many of bounties that launches either they dont pay us or the tokens doesn't worth anything. There are only a few projects that pay us and give some profit to the bounty hunters.
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A recent review of current campaigns shows that more projects are launching. those these means scammers are back with new projects or cryptocurrencuy is gaining the right direction. initially, it use to be bounty campaigns that kick starts and disappear midway when there are no investors Or when the project start up failed.
We always be careful to choose bounty, We all know several of them are scam.
I hope It is the good thing for new projects because gas fee sis cheaper and several coins have smart contract platform.
In my opinion, there are will scan projects.
So, we must learn their projects and their teams.
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Many bounties are not bad but for to create a quality project it must be a long process. only a few projects have clear goals and concepts. nowadays most projects are launched just to follow the trend. so be selective
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One of Bullrun's problems is that it appeals to scammers. The scary thing is that the scammers also become more professional, they accumulate experience from old projects and learn from each other to scam crypto community.
Hunters are victims too, sadly I'm an unlucky hunter too.
For large projects that deliberately evade the obligation to distribute rewards after a successful bounty campaign, the Bounty Manager community can conduct a round of reports to attack those projects. For example, BountyDetective can run a bounty campaign for community to attack and report StudentCoin.
With scam projects, I think Bounty Manager should escrow a certain amount of assets such as ETH, ADA, TRX, BNB or USDT before accepting to support that project. In case the project fulfills the commitment, the escrow money will be returned, if not, the asset will be distributed to hunters community.
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Yeah buy majority are here to use hunters freely and walk away, they are here only because this is the only way to get cheap publicity and if possible free publicity, take student coin as an example, if they were to pay an advertising agency for a period of 3 months to advertise for them they will come to an agreeable terns which neither the party can bridge later on, and they will pay the agreeable amount, but in bounty campaign that's not always the case, often times the project team will refuse to pay or change the terms and pay 10% of the initial agreement, it doesn't make any difference if the number increases.
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I still remember there were many ICOs in 2017 and some projects ran away by taking large sums of money belonging to investors.
one thing i experienced was, the project held a bounty and was paid with the tokens they own but the project developer plans not to continue the project even though the soft cup is reached, so the tokens have no price even though they are listed on the CEX exchange.
Having a lot of experience before joining a bounty participant is necessary, but developers have many ways to deceive investors, bounty managers, and bounty participants in the way they have planned.
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Currently the preparation of the cryptocurrency market is bad.The downturn in the cryptocurrency market is having a detrimental effect on its currency prices.When the market conditions were much better, the new projects were much more successful.But now the scammer has started to cheat in the cryptocurrency market.Scam as usual, even top projects that collect a huge amount of money turn out to be scammers and do not pay bounty hunters.
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Yes you are right because most of the current projects are being run by scams and cheaters. As a result, popular and large investors are being forced to move away from cryptocurrency. There is no way to understand by looking at the project that this project will be a scam. They handled the project and killed people's money and disappeared.
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Scammers will always be where there is money, unfortunately this is a fact.At the expense of awards, I would not say that there are a lot of them, perhaps some bona fide bm selectively relate to the selection of projects and the percentage of scam bounty hunters has become less. I myself have recently become a victim of fraud, no one is immune from this.
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Maybe bounties are not as many as previously. We can see only limited bounties in this forum that members can join. This may be different from the previous. However, we are happy that bounties right now commonly really give payment. Although it may not be as high as in the past. But at least it is not disappointed at all
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Maybe bounties are not as many as previously. We can see only limited bounties in this forum that members can join. This may be different from the previous. However, we are happy that bounties right now commonly really give payment. Although it may not be as high as in the past. But at least it is not disappointed at all
If I see the Bounty has decreased recently, the average Bounty has decreased and has a limited number of participants. Actually we still need more Bounties, there are still many participants who don't get a slot when a new Bounty is released. Altcoinstalks members really need more bounties, it is proven that every time there is a new bounty, only a few minutes the participants are full.
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it is impressing to note that many projects coming up now has nothing to offer. it is the same events that happened back in 2017 and 2018 is currently repeating itself. a group of scammers pays a top bounty company to promote scam and then dump the token when it looks like it is making waves. gradually, Defi is loosing the power. we are yet to see the next source of funds coming into crypto
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Maybe bounties are not as many as previously. We can see only limited bounties in this forum that members can join. This may be different from the previous. However, we are happy that bounties right now commonly really give payment. Although it may not be as high as in the past. But at least it is not disappointed at all
If I see the Bounty has decreased recently, the average Bounty has decreased and has a limited number of participants. Actually we still need more Bounties, there are still many participants who don't get a slot when a new Bounty is released. Altcoinstalks members really need more bounties, it is proven that every time there is a new bounty, only a few minutes the participants are full.
Although I can agree that recently the number of bounty campaigns has appeared more, however, there is still a very acute shortage of them on this forum. This is due to the fact that the allocated reward pools for bounty hunters are small and managers therefore limit the number of participants. In my experience, on average, these campaigns are completed by signature campaign participants in about 25 minutes. We are not actually choosing signature campaigns. If we are lucky and we succeed, we first join, and only then we see what kind of company it is. On the forum, it often happens that there are no free bounty campaigns to which one could join. This is not entirely good.
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What are the reviews coming from?
So far, the bounties are still worthy as long as we really know how to analyze and find out the right legit bounty. However, we may not be able to stop scammers because there are everywhere. And we cannot also know how many people have sam accounts to join the certain bounties.
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A recent review of current campaigns shows that more projects are launching. those these means scammers are back with new projects or cryptocurrencuy is gaining the right direction. initially, it use to be bounty campaigns that kick starts and disappear midway when there are no investors Or when the project start up failed.
As a matter of facts, I think that we are currently on a crypto boom similar to the year 2016/2017 boom. We are gonna see more and more bounties even as crypto adoptions continues. I just think people must see good reasons to launch their project with either, a similar to existing project user cases or may be a different idea projects.
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The rise of cryptocurrency-related projects can be good news in general sense of the word but on the other hand it can mean the rise also of projects that has no other purpose but to get as much money as they can and run. Unfortunately, we have no exact mechanism to make sure that we are not dealing with scams. Sadly, many can be victimized, and I pity those people who are really shelling out money hoping they can gain later but ending up with nothing but empty bags - or should I say wallets? We have to be careful and in case we encountered exit scam projects then charge them again to our growing cabinet of experience and lessons.
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The bounty will continue to run by itself as the times of each cryptocurrency market and as a result crytpocurrency will be very supportive of the bounty.
I also see bounties are very good to be created for each project because the project also needs a community to continue to support success in the future.
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The bounty will continue to run by itself as the times of each cryptocurrency market and as a result crytpocurrency will be very supportive of the bounty.
I also see bounties are very good to be created for each project because the project also needs a community to continue to support success in the future.
I agree mate, the projects needs a community to support their projects, as you said, it will be needed to support success in the future.
Thats symbiosis.
But we often see several projects are scam.
Bounty hunter have suported and promoted their projects, but they didnot pay the rewards.
So, As bounty hunter we must be careful.
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What are the reviews coming from?
So far, the bounties are still worthy as long as we really know how to analyze and find out the right legit bounty. However, we may not be able to stop scammers because there are everywhere. And we cannot also know how many people have scam accounts to join the certain bounties.
As bounty hunter, it's difficult to find out right and legit bounty because now most of the bounties have limit for participation. Before judgement or research, slots are fulfilled. I have leave many projects considering as SCAM or low payment but ultimately participants got big amount from those projects. Sometimes, important less project become success and give payment, on the other hand, successful projects (like STC, XDB, DEGO) sometimes cheated with hunters after their project success.
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A recent review of current campaigns shows that more projects are launching. those these means scammers are back with new projects or cryptocurrencuy is gaining the right direction. initially, it use to be bounty campaigns that kick starts and disappear midway when there are no investors Or when the project start up failed.
It may be right now. But from beginning, investors can not easily trace a fault project where everything goes sound from team. we can say here about STC where everything was successful and bounty hunters was waiting for tokens and investors also. But they did not give bounty tokens to hunters. So how hunters will guess that team will cheat at the end of the bounty? Here my suggestion is don't take bounty as real income where anybody can take it part time income and if missing any payment there would be no sorrows.
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Bounty has increased a bit for now but there are some dishonest projects to pay bounties to bounty hunters (Scam) and some projects also fail so that bounty hunters don't get their bounty, only a small amount of income is earned from current bounties.
I think bounty hunters are not as beautiful as they used to be and now it is better to learn to invest so that you can make more money from crypto investments.
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It's not surprising buddy because of the recent bullish market trend token offerings are just sold like a hotcake. that's why more and more projects are coming especially in the BSC Network.
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Bounty has increased a bit for now but there are some dishonest projects to pay bounties to bounty hunters (Scam) and some projects also fail so that bounty hunters don't get their bounty, only a small amount of income is earned from current bounties.
I think bounty hunters are not as beautiful as they used to be and now it is better to learn to invest so that you can make more money from crypto investments.
Actually if such a problem is common in my journey to participate in Bounty's campaign, successful project but Bouty Participants are not payable !! Painful indeed, as it has recently been on the STC project.
It is outrageous, we are required to ask our rights but it seems that it will not be useful if Team Bounty cheats. But I think we should stay grateful, although Bounty is not as it is again if but we can be paint, then there must be a bitent project that is legit and paid.
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It's not surprising buddy because of the recent bullish market trend token offerings are just sold like a hotcake. that's why more and more projects are coming especially in the BSC Network.
I think so too, because the BSC network can be said to be low fee compared to the ETH network, which requires quite a large fee, so that small holders reduce their intention to send eth network tokens to exchange
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There are many projects are running and many are in pipe line . All in these companies bounty hunters work but they don't know which project will successful . I know a few bounty manager who are really honest and they try to the highest level to success a project . Bounty detective , Irfanpark , small Rabbit all are very good manager for bounties . But remember one thing that is scamming . The bad is always have power to spoil but at the end honesty hard work and skillful work always will take success .
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I think so too, because the BSC network can be said to be low fee compared to the ETH network, which requires quite a large fee, so that small holders reduce their intention to send eth network tokens to exchange
everyone feels that they hope there seems to be an improvement from the ethereum network to fix the high cost otherwise there will be many other alternatives that can do.
although it may not be optimal, it is clear that there will be continuous improvements and hopefully the new system can be used immediately so that the problem can be solved.
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How do we know if the bounties are rising? Do you consider the number of bounties on Altcoinstalks?
I am not sure to say the bounties are rising, I assume there are no significant changes in the number of bounties. While for new projects, I agree they are increasing, but most of them just launched tokens/coins with weak fundamentals. The team of the projects is likely to take advantage of the new hype in meme coins/tokens.
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Bounty has increased a bit for now but there are some dishonest projects to pay bounties to bounty hunters (Scam) and some projects also fail so that bounty hunters don't get their bounty, only a small amount of income is earned from current bounties.
I think bounty hunters are not as beautiful as they used to be and now it is better to learn to invest so that you can make more money from crypto investments.
Actually if such a problem is common in my journey to participate in Bounty's campaign, successful project but Bouty Participants are not payable !! Painful indeed, as it has recently been on the STC project.
It is outrageous, we are required to ask our rights but it seems that it will not be useful if Team Bounty cheats. But I think we should stay grateful, although Bounty is not as it is again if but we can be paint, then there must be a bitent project that is legit and paid.
now I can't just rely on the income from the bounty in my opinion, because some of the bounties are scams and the income is very small. for now I'm studying crypto investing more.
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Bounties are increasing, but many of them are not earning. And now we really have to be good at choosing which Bounty is legit or not. It's useless for us to work if we don't get income, for some people this may be normal. but for me it is very detrimental, There must be more bounties that generate more.
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The crypto market is very volatile. The situation in the crypto market is not good but is slowly getting better. Hopefully the market will recover soon. But I think the market needs to be more conservative.
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The number of bounty campaigns increased but their quality decreased, the number of scams increased. Hunters got nothing after spending a lot of effort and time promoting the project, finally the project decided not to pay tokens to hunters, such as StudentCoin or AMEPAY. I know that this is normal in bullrun but we really need to have some way to protect hunters against scams or irresponsible projects.
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I have observed the same but i think there are not many projects or campaigns that look like top quality so i would suggest all members to be choosy and do select the project to promote after thorough research.
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Yeah, thats true observation, and I think thats normal especially when developers have seen the market is very good and favorable to launch a project. But consider as always that not all projects that run a Bounty campaign are destined to be successful and some other time even it was a successful project but the team was eaten by greed I think we all what I mean just like what happen in Student Coin bounty.
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Due to the nature of the recent cryptocurrency market, it yield the introduction of more bounties. Some of this bounties are really real projects with huge goal and ambitious but some are just waste of time and scam projects which will be started and will end in scam, therefore the recent market is the real cause of the massive rise in bounties.
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Yes, you are correct. But a lot of the projects are not doing well after the bounty campaign. I have a lot of projects coins and tokens my wallets that not doing well or not even exist again. For this reason, I am more careful for the kind of bounty I participate in now. Even some projects are not even paying after the campaign. I do a lot confirmation before I can participate in any project. This is the way to go now to avoid fake projects.
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Yes, you are correct. But a lot of the projects are not doing well after the bounty campaign. I have a lot of projects coins and tokens my wallets that not doing well or not even exist again. For this reason, I am more careful for the kind of bounty I participate in now. Even some projects are not even paying after the campaign. I do a lot confirmation before I can participate in any project. This is the way to go now to avoid fake projects.
This is one of the matters why bounties are sometimes very bad after they ended:
- Fulfilling forms or additional requirements several times in order to be eligible to get any rewards
- Not listed tokens on exchanges after long time project end
- Shitcoins or scams
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Some new projects will give their plans in the future, but if the roadmap doesn't go according to plan then good project developers will return their money to investors and here there is a bit of a problem when the tokens they distribute to bounty participants have no price because of the project. don't go ahead, there are many scam schemes but we should always be careful before joining a new bounty. do they have a clear team and other things
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I would not say that now there is a very large number of projects where you can choose something. Let's hope that soon there will be more bounty projects and the rewards will be decent than now.
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The genuine bounty project will eventually succeed in the Cryptocurrency industry if the market normalize in the coming race of Cryptocurrency rise but the scammers bounty campaign will fail in the industry but sometimes we don't really know the bounty project that will be successful that's why many of join the new coming crypto project.
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Most of these new bounties are scams and not paying projects, especially if they got low investors and not reached the desired market cap. Their number indeed increased, but for me, few bounties before are better than the increasing number bounties of today.
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Most of these new bounties are scams and not paying projects, especially if they got low investors and not reached the desired market cap. Their number indeed increased, but for me, few bounties before are better than the increasing number bounties of today.
what you have said is the reality that has happened now, actually since 2018 this polemic has emerged but now it is getting worse and it seems that there is no alternative to being able to take precautions.
Actually, it's not just a matter of low investors, but even projects that have quite a lot of success and the behavior of owners and teams can change when making payments.
many excuses were made from that BH didn't contribute, the spreadsheet didn't show and the pay didn't match the spreadsheet, most of which were irresponsible with whatever BH said and they didn't want to pay.
we can understand if they are honest that the project is not successful and transparent, maybe BH will be able to accept that fact, but it is not transparent and does not pay, this is the current behavior.
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You are right, a lot of projects are being launched now and a lot of them are scammers and scams, as it certainly annoys, even when choosing a project, it is immediately obvious at the start that there are scammers behind some project. There are very few projects now that are really decently distributing their awards.