Post
Topic
Board Altcoin Discussion
Re: Scam Projects and Bounty . Way forward??
by
dunfida
on 05/08/2021, 20:32:38 UTC
There's nothing we can do, if I speak as a bounty hunter. but if I speak as an investor, of course I will be more careful in choosing a new project as an investment vehicle that I will do.. because we all know that investing in cryptocurrencies a high risk, especially for new projects.

This also applies to bounty hunters.
After all, they first of all raise the legitimacy of the project due to the massive mention of the project in the information field, it is obvious that the more hype the project, the higher the likelihood that investors will invest money in it. Therefore, the task of bounty hunters is to study projects and expose scammers.
But not all investors are fools that who cant determine which project been hyped is a shady or potential scam. Everything could be checked and could be traced up from anonymous devs

to unrealistic roadmaps on which people could say if this one is really a legit project or not but its really hard to determine which project is good or bad when they are still on ICO phase.

So its still risky and nothing is assured.