Post
Topic
Board Service Discussion (Altcoins)
Re: Advise on bountys
by
codegnome
on 05/03/2019, 18:20:47 UTC
A bounty being a scam is from different levels :
1.The project is a scam - you need to do your own research about the project that you promote for bounty. If they turn out scam not only would you lose your money that you put your hard work in for but also your reputation for supporting them.
2.The manager is a scammer - in this case you have to prevent yourself from joining every new bounty that appears and go with those managed by trusted campaign managers.
3.Project fails to raise enough money - then they are not a scam but they failed in their objective. Nothing you can do to prevent it.

1.The project is a scam -  how can we know if a project is scam ?  , some project looks verry legit at first but eventually they are slowly turning into a scam .

2.The manager is a scammer - how to know if the manager is a scammer ? not all trusted and reputable managers are legit  . some old members were verry trusted at first but eventually they did also turn into a scammer .

3.Project fails to raise enough money - how can we know that a project will fail ?  

its really hard to predict the outcome of a  bounty without trying them out first  .  bounties are like gambling both are verry risky  .  luck does matter the most on here

Unfortunately, that's all true. It would be the best if the bounty could make an escrow, but unfortunately it is often the case that they do not have the funds, that's why they pay in tokens.
Bounty hunters take the risk that the project may fail, mainly because the rewards are much higher than in the case of coin paid campaigns that are already listed on exchange.