May I know what's the best thing to do in order avoid from being scammed?
There are many definitions of the word "scam" here, and unfortunately, no matter what you do, not all of them can be avoided... here are some things to remember though..
- Just because you haven't gotten paid yet, doesn't mean you won't be... and even if you aren't paid its not necessarily the bounty manager's fault.. they're just like you doing campaigns to get paid and sometimes no matter how perfect of a campaign they run, the person distributing the funds on the ICO's end maybe incompetent or trying to save on payouts with ridiculous excuses...
- Some things no matter how promising just won't do well.. they'll have mismanagement of money, don't know how to create hype, didn't save money for listing on exchanges, etc.
- Utility tokens in a down market have no real value.. Most of these tokens require real-world use case, so when it comes to a less speculative bear market, the price can be really wobbly, its triple-y so for new ICO projects since everyone looks for the "when binance" pnd, or dumps it a week after getting tokens because "something is better than nothing" in a bear market..
- Some are just downright scams.. 1 in 5-7 are likely gonna be a scam and there's not much you can do about it... if you are worried about scams look at the whitepaper and look at the team's LinkedIn information and other dead giveaways. Look for obvious signs like huge chunks of hard cap goal get bought by "private investors", etc. Also just pay attention to how people interact on telegram.. usually fishy people can be quite obvious if you just listen to how they speak.