Thoughts on Projects
Yeah I know some of you reading want to flag this post. You're included in the "good people" definition below. That applies since you do stand for something, even if it only makes sense to you and your cat.
The real issue with Steem users is most are good people. They trust others. They assume that others are good people. They figure they're in the right even when they're dead wrong. That goes for both those we normally see as great users and those we see as scum.
The real scum are the ones who take advantage of these good people. They're few and far between but they go big. They're not just fucking around with posts or comments. They launch massive endeavours and capitalize that everyone wants to trust and believe that someone else gives a shit about the same thing that they do. The players are just playing. That's what players do. Remember how Dlive played everyone?
You see something that looks too good to be true? Don't get played by a player. You'll lose your money, time and feel damn stupid. No one miraculously started believing the same shit that you believe now that you started curating, they're just licking your ass so you benefit them. Don't fall for their shit.
They're not here because they care about Steem or the ecosystem. They're here for a quick buck. They'll take all that money you put into them and they'll move on to a more profitable blockchain. Then they'll blame you, because you gave a fuck.
Good Steem-centric projects
- Transparent ownership
- Hire developers/staff from on-chain
- Use on-chain services where possible
- Doesn't encourage spam posts to farm beneficiary rewards
- Long history of working their ass off
- Contributes to communities
- Recognizes former ideas and contributions
- Expresses personal opinions
Red flags
- No development, instantly finished product
- No product, requesting money for development
- Giving out worthless tokens
- No one owns project
- Owners are brand new but somehow know everything
- Owners have long history of scamming
- No steemians hired for any roles
- Large beneficiary amounts
- Heavily encourages spamming
- Zero regard for ecosystem or communities
- Asking for large delegations with complex returns
If it's flashy, if it's exactly what you want to see, if it appears suddenly with no evident development, then the chances of it being less than legit are pretty high.
And while we're at it, the chances of you getting your accounts hacked and personal info farmed, are even higher.
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You've pretty accurately described every con-trick and con-artist in history.
The #steemsilvergold community did fall for a scsm once, but we picked ourselves up, dusted ourselves off and started again.
"if it's too good to be true, it usually means it is"
You know its sad but true, that's just how it goes these days.
Sad but true, but then as a former financial professional, I tend to take a wait and watch stance with most projects.
As a result, I haven't been scammed, and those projects I've gotten involved with, I'm still involved with, and still believe in. And the people who started them are still working their asses off.
Good post and good advice. Too bad it has to be so.
Posted using Partiko Android
“You see something that looks too good to be true? Don't get played by a player. You'll lose your money, time and feel damn stupid. “
😂 100%
Thanks for the warning. I would rather work hard and build up slowly than trusting someone and try to get quick wins ;)
Posted using Partiko iOS
Steemians need to learn to ask the right questions under a new project post.
I have faith in Proof of brain :)
Posted using Partiko Android