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Cryptocurrency discussions / Re: Are bounty programs waste of time or a passive way of generating income?
« on: July 29, 2018, 04:20:22 AM »It becomes very sad and unfortunate when you toil for several months for tokens by participating in a bounty program and turns out to be a shit coin or a scam project. I believe most of us here have been victims once.
The fact is, there isn't any 100% working strategy to detect the authenticity of a project. The best you can do to help yourself is to do a research on the project. Study the team members and try to figure out if the team really possess the credentials which they present on their whitepapers and websites. Check out if the advisor chosen for the project is really on board with the team by cross-checking from his tweets on twitter about the projects.
Yes I see too many scam bounty, It is waste the time. But if you get good bounty, It will be a passive way of generating income.