There are many ICO which doesn't pay it's bounty participants after the sales or pay less what they promised in the begining of the ICO. I would like to find out how many such ICO's are there in the market who scammed the bounty participants. Would like to ask the community to list such ICOs here in this thread!!
From my experience, those that did not pay are more like failed projects and not scam projects. There are certain conditions that must be met before a bounty could be paid, one of the reason is that a project must have at least reached soft cap.
I got scammed by CASHBAG(CBC) Bounty Program- After submitting our documents for KYC, admin vanished with our personal info(Admin Name:
Jonathan Miller).
What exactly happened during the token sale? Did they reach the soft cap?
Yes they reached soft cap. Bounty manager vanished after that and after few days when all the bounty participants started raising concern, they had us fill up the KYC and he never came back. No one answers in both main and bounty chat. It is dead now.