Post
Topic
Board Altcoin Discussion
Re: FAKE ICOs Bounties. What to do?
by
noictib
on 05/09/2018, 17:27:57 UTC
I am a newbie just trying to grow on this platform. Within a week of participating in altcoin bounties, 2 bounties I participated in have been reported as Scammers. I get a lot of reads on my articles and Social media pages. I cannot keep encouraging people to invest in these altcoins if they would eventually get scammed. How can new bounty hunters like myself differentiate between a genuine bounty and scammers bounty?
This is a big truth that we are facing such things in this field in these more  , and I think this is not going to stop until any team will be made a any authority that will work as an escrow in between the ICOs and the investors .
But still here we have lots of options to find out the perfect ICOs between all of the ICOs list , that will decrease the chances of the scam from bounty scam .
Before to go with any ICO , you should make better analysis that whether the project is guinuine or not or jsut they are creating hype and also make sure that wether the team of that project did any work in the history or not and how much was successful of Thier work .
And also here a option is that you should sell the tokens that you get from the bounty campaign , because it is easy to sell the tokens at the Telegram channels members of that ICO group easily because at the near end of the ICO people will easily buy at low price .
But still you should take care that you will not sell all of your tokens , you should keep a part of token collection because not every ICO is scma , few of them results into perfect ICO .