Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: gurunanakji777 on November 21, 2018, 09:51:37 AM
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Can you guys share your opinion about How did you check bounties before joining any campaign?
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I cant explain. I just joined and saw the rating of the bounty program. You can also see social media from their projects. if they are always updated about their projects, I am sure the project is legitimate.
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It's really difficult to different between a legit bounty and scam bounty from the beginning, but you can easily search for their team members and see if they are authentic, the way they address their community can also count.. Check how realistic their project is etc
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It is too much difficult to differentiate between a legit or scam bounty before start campaigning. We need to analyze the ICO, look at the whitepaper as well as their team and everything else.
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with the scam projects are being packaged these days it is difficult to differentiate between scam projects and real projects, secondly some real projects scam their bounty hunters, so this may be difficult to separate both.
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It is very easy to spot scam bounty/project. But the real problem is how to spot a successful bounty before joining! Because you can join legit bounty/project and after months of work the project can simply announce the fail of the ICO and you will come empty handed after months of work. The time to spot scam projects only is gone and now is the time to spot the project that has a higher probability in raising money, and trust me it is not always about the quality of the project, so the best thing to do is to try to split your effort among some bounties not only one.
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It is too difficult to differentiate between a legit bounty and scam bounty before start campaigning. You should read whitepaper of their project and understand it and and check team and also check the bounty campaign manager.
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personally, before joining the bounty I will see the allocation of tokens that given, the team that handles and also the duration of the bounty itself. if I think it's worthy then I will join in it because I think it will be profitable.
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For me I always look for profitable bounty and the product's and services which they have to offer to the general public that is capable of attracting investors in the project also how many coin that's allocated to each individual at the end of the campaign.
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I will focus to analyze its team and whitepaper info. These are the most important factors that lead the bounty to be Legit or scam. If you want to analyze it, you must do a complex research to know the bounty in detail.
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usually before participating in a bounty I will see the allocation of the tokens that given and also the team that handles. we can see whether the team is active in providing the latest updates from the project or not. if the team actively gives it then I think it's good to follow.
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It is very difficult to do, because the fraudsters have become very smart and experienced. To choose a good campaign for this you need a lot of time to monitor the project and its development.