Post
Topic
Board Altcoin Discussion
Re: The bounty scam will gradually go away
by
Cootie
on 15/10/2020, 01:24:45 UTC
Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.

I'm believing that gradually, will may start seeing the inclusion of other social media signatures like Facebook, LinkedIn, medium, article, videos, blogs and many more, coming up in  both bounty section and service. I'm sure that hunters will prefer social media signature than the scam going on in the board.

I guess one reason that we are seeing that Twitter campaign is because of the audit which takes care of non real followers of an account. So if your Twitter account isn't made of real followers, you stand no chance of being selected. The audit is surely to check out accounts with fake followers and that is also good to stop scamming.
In my opinion, I doubt it will be gone soon. People potential be wronged and even though at the start they are very diligent and organized in managing an ICO which supposed to be legitimate, one wrong miscalculation and it can turn to a scam right away. Legitimacy of an ICO project depends on the continuous use of the tokens supported by the project. It is also needed to be listed to some exchanges to have some value and be traded into circulation If these parts was being miscalculated, in the future if it has no user anymore, it ls price will go low, reducing its value and eventually deleted in the exchange it was listed