BEWARE OF SCAM BOUNTY PROJECTS

[TomPluz]

The cryptocurrency industry has become the paradise of so many scammers all because they know the potential of this business to attract many people and open up their wallets in anticipation of making some profits when the coins/tokens can be rising once the project is already on the marketplace. Unfortunately, most of us have little power as to change this big reality except of course to be careful and to be discerning in participating a bounty program.

[ranaprime]

The model of operation these days for scammers in the platform is to create a bounty campaign to draw attention. then ran a bounty promising to pay huge amount. these projects depends on the funds raised during the campaign to proceed with their project. unfortunately, they made with peoples funds and claim that the project owner is dead.
please stay away from project  that goes up and down advertising SALES ONLY on their social media platforms.

At this moment there are many new projects arriving. It is very difficult to find out what will be the good projects. This circumstance is the perfect time to attract by scammer. So try to very careful in your projects.

[babu10]

The model of operation these days for scammers in the platform is to create a bounty campaign to draw attention. then ran a bounty promising to pay huge amount. these projects depends on the funds raised during the campaign to proceed with their project. unfortunately, they made with peoples funds and claim that the project owner is dead.
please stay away from project  that goes up and down advertising SALES ONLY on their social media platforms.

Maybe, Actually there is fraudulent everywhere so how bounty hunters will relay any team or project. I saw many projects said by team 100% success but did not gave tokens and market out. So in this online market actually have to work just with trust nothing else.

thanks.

[naitik01]

In the new product launch on blockchain, scammers are also ready for scam. In the guise of YFI, scams are happening, and people are scamming the fund. There should be a brainstorm on the work to be done with the performance in the bounty project.

[KKH84]

From the start of the ICO's inception until now, many projects have ended in scams.  Sometimes I think why there is no special organization that regulates new projects that want to hold a public sale to the crowd, as a bounty hunter they are required to be smart in selecting a project because it indirectly introduces new projects, to the wider community through their social media.

[Istiak]

The model of operation these days for scammers in the platform is to create a bounty campaign to draw attention. then ran a bounty promising to pay huge amount. these projects depends on the funds raised during the campaign to proceed with their project. unfortunately, they made with peoples funds and claim that the project owner is dead.
please stay away from project  that goes up and down advertising SALES ONLY on their social media platforms.

These became very common now but a project claim that their owner is dead I haven't seen this before. This looks like something new to me. Most of the time I saw the project team just left their investors. We should be careful before investing in a project that offers money instead of new concepts or technology.

[Paglamon]

Lots of projects are prevalent in the market. It is not possible to say when a project is fraudulent in the cryptocurrency market. There will be both good team and bad team in the market. All the projects that are advertised in the market are more fraudulent. However, at the present time the level of fraud has decreased a lot. There are currently no signs of fraud in the market. Most teams have started to keep their promises.

[Hometown]

In fact, it is difficult to understand what a project will look like.  There are many projects that scam even after selling tokens, while there are some projects that scam projects directly after completing IEO.  So many times scamming projects are not easily understood.

[gotbounty]

With the increasing number of bounty projects that have emerged. then it will indeed make it more difficult for me to choose the best project and also not a scam. So it is very important for us to continue to study and also be careful. Don't get caught up in a scam project.

[wawan96]

As a bounty hunter, you have to be smart in choosing the best project to be able to get a lot of money, choosing a project that really pays is quite difficult for now, many people think being a bounty hunter is easy even though it takes time and effort because it really needs accuracy in choosing a project. the right one pays the bounty hunters.

[Mexite]

The model of operation these days for scammers in the platform is to create a bounty campaign to draw attention. then ran a bounty promising to pay huge amount. these projects depends on the funds raised during the campaign to proceed with their project. unfortunately, they made with peoples funds and claim that the project owner is dead.
please stay away from project  that goes up and down advertising SALES ONLY on their social media platforms.

It is high time bounty hunters also conduct due diligence on bounty campaigns to determine if they are legit it not. It's not good to help scam projects defraud unsuspecting investors by promoting such projects using their platforms.

Hunters should raise alarms when they see any red flag.

[waybesuricata]

There are many scam projects in the crypto currency industry. A project scam came out where I participated in the last bounty campaign. The name of this project is clipx.

[Riya143]

The popularity of the Bounty Project is much higher. Projector popularity skyrocketed after the Bounty campaign. In the campaign, many investors invest in increasing popularity. As a result, they swindled people's funds and killed them. Then they say the CO of their team is dead. Such incidents are said. I agree with you here. So I think one should participate by verifying before participating in the campaign.

[Quantum X]

I had been in many scam projects before and what I've learned is to be contended to a little amount of offering to the bounty. This is far more realistic than letting the greed emotion control you decision.

[Carbitcoin]

I had been in many scam projects before and what I've learned is to be contended to a little amount of offering to the bounty. This is far more realistic than letting the greed emotion control you decision.

There are different situations when we cannot define with 100% accuracy the goals of the teams of certain projects. Even after studying all the available information and the White Paper, there is a high probability that the project will turn out to be fraudulent. But nevertheless, in percentage terms,
  with personal study and analysis of the project, the risk for the user becomes less.