Post
Topic
Board Altcoin Discussion
Re: My take on DeFi bounties
by
plr
on 09/10/2020, 15:36:28 UTC
Almost 99 percent of DeFi projects in bounty section are scam, you can say I have no prove but this is just my normal thought.

1. Why are almost all bounties released today DeFi projects?
2. Most of these projects have no information about team
( They are complete anonymous)
3. Majority of them are rushed, you can judge merely looking at website domain and designs
4. There are some that based on Uniswap wannabes


You can't compare these projects with real DeFi projects like introduced bounties like Oikos, Lattice, DIA, and few others, my advice is to be extremely picky after doing research

Obviously scammers are going where the money and the hype is, it's a fact now scammers have invaded DeFi, and it's investors fault if they did not do enough research and scrutinize projects that they are interested to invest, right now this early people have lost a lot of money because of these scam DeFi.