The
WellBe Coin project, another bounty, managed by the Bounty Detectives' team early today let down bounty hunters gently in what seems a soft exit by announcing that it would no longer continue with the project. The announcement was made here:
https://t.me/wellbecoingroupeThat was after it had cunningly collected KYC documents from hunters (even though that wasn't explicitly on the bounty thread). WellBe coin insisted it was going to be a passport document for KYC or nothing. It was really a suspicious move but anxious hunters neglected it. Why ask for only a passport for KYC and not any other document.
My advise to bounty hunters:
1. Don't participate in any bounty without escrowed rewards.
2. Don't be in a rush to participate in every bounty that comes up.
3. Follow only trusted Bounty Managers.
4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team.
Anyone else got any advice for bounty hunters, especially the noobs among them?
The problem about participating escrowed bounties is that some unscrupulous bounty managers can disappear with the funds. Only very few bounty managers are honest. Also even reliable bounty managers can still organize scam bounties which may not be their faults. In the end, the whole headache is weighted on the hapless bounty hunters