Post
Topic
Board Altcoin Discussion
Re: Scam Projects and Bounty . Way forward??
by
Rabi3
on 31/07/2021, 23:41:12 UTC
So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.

What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?

I think this problem is nothing new. Many of the project CEOs do not pay participants. They gave many reasons, some ignored it when asked by participants. Recently I saw a lot of complaints that occurred in a new project, maybe you can check on the Bounty site, the Telegram group. They don't value the participants and just ignore them. Maybe there is no solution for this problem, because this problem has happened many times but not solved till now.
there are projects who didn't pay their participants and whenever someone asked about it in their social media they ban them right away, they don't have a reasonable explanation because they scammed them and they don't want that news to be spreading in their community, even investors are getting scammed, i've seen projects who made in ICO and investors bought and kept their tokens, but the owners of the project used their money to grow their platform and didn't use that token at all, and ended up successful too.