Bitcoin Forum

Everyone,

The purpose of this thread is to promote bounties that do not require KYC verification for bounty hunters.

This thread also provides an opportunity for bounty managers to post promises that their bounties will not require a surprise KYC at the end.

Surprise KYC requirements are increasingly being used as a way for projects to get out of paying bounty hunters. ICOs that lack integrity realize not all Bounty Hunters will do what is required to fulfill KYC requirements for one reason or another.

All Bounty Hunters have a Right to choose what projects they support, and the terms must be stated clearly at the start of the campaign!

Failure to make a statement on KYC requirements at the start of a bounty is an integrity violation. We as bounty hunters must learn to assume that campaigns that fail to make a statement regarding KYC are violating their Bounty Hunter's trust and should be avoided.

For many bounty hunters, it is not worth entrusting our most personal information to multiple projects in return for a small amount of coins or tokens. Identity theft related to KYC requirements is being discussed here: https://bitcointalk.org/index.php?topic=2803976.0

Many more disagree with KYC because to them it defeats the original purpose of the blockchain - To create a decentralized, anonymous platform: https://bitcointalk.org/index.php?topic=454795.0

Anecdotally, I have never seen any evidence that Bounty Hunters are indeed required by law to perform KYC validation. Nor from my own reading of the BSA and Title III of the USA PATRIOT Act can I see how Bounty Hunters could be included in KYC requirements. Bounty Hunters are neither investors nor customers.

Please post responses from moderators and devs who have said they will not require KYC for your favorite bounties and warn others of projects that did not clearly state KYC requirements on their Bounty ANN. You may also post horror stories of bounties you have lost because of KYC requirements that were not originally posted as being required of bounty hunters.

Let's support projects that are honest, and ensure they get the best of our time and energy!

Good luck my fellow Bounty Hunters!

I'm trying my best to get devs to respond directly in BCT. At the moment most of my fastest responses were over Telegram (Screen name: Bobby Dole).

No KYC Required	Other Restrictions	Proof
Valorem		https://bitcointalk.org/index.php?topic=2382282.msg28705868#msg28705868
Chimaera		Chimaera Andyadmin  Bobby Dole I have been participating in the bounty for months, will I be able to get tokens if I don't feel comfortable filling out he KYC? you can receive tokens for your bounty participation without KYC. coins*
TV-TWO	No US	Philipp Schulzadmin  Bobby DoleHello, do you require KYC from bounty hunters? This is not planned.
Astorgame		Bobby Dole: Is there a KYC for this ICO? Or any restrictions? OSHAINE: Nope
Bitcloud BTX		https://bitcointalk.org/index.php?topic=2370964.msg29265986#msg29265986
DeepWater		https://bitcointalk.org/index.php?topic=2738272

A good idea! It is also necessary to make a list of bounty managers who do not warn bounty hunters that at the end of the company there will be an KYC validation.

totally agree with you and support your post!the requirement to provide personal documents,when the bounty is already over it's unwillingness to pay the people who honestly worked for a few months..most people hide personal information and course are not KYC,that is, people work for nothing..managers also need to warn us about such important conditions of the company and not to hide it!

I agree with this one. It is very unfair for the bounty hunters who waited for months and worked for months just to promote a particular campaign and end up not getting anything. If they would do KYCs they should announce it at the start of the campaign.

Reserved

I totally agree with this thread. No more deceit on bounty hunting. lets be clear before we engage. Nice

I can't agree more. It is an easy escape when it is time to pay bounty hunters.
I'm glad your open the subject on this and ask for transparency.
KYC comes to airdrop too. I'm refusing to give away personal information for that, same for bounties.

Wutt lol.
I even refuse to participate in any ICO that requires kyc and now they want bounty participants to do kyc?
Are they out of their mind?

One more, kyc is killing anonymity.
No way jose.

Most campaigns have stipulated that they can change the rules during the campaign. So a KYC can appear at the end. What we can do is make a list of campaign managers who change the rules of the game and boycott their future campaigns

only one tweet and I'll go further, if you want, you can thanklessly thank me, the address is on my page on Twitter :D _{https://twitter.com/Bill_Djons/status/957940602989105152}

I really appreciate that!

The way everyone can help the most is by asking questions about KYC requirements at the start of any new campaigns and posting the links to responses from the bounty managers here.

I am agree to your opinion its because once they known our identification they easily detect where we are and some people with a bad habit can use our identity. If all bounty hunters need to fulfill the KYC form that is not decentralize zone. It is centralize its because they can control us or they can use our identification to another causes. They have many ideas to know people to proof if that is really him/her.

Thank you for taking the time to post here directly!

TV-TWO is decentralizing and disrupting TV, and their project is hitting its stride. They are also big on values.

TV-TWO is more than an application for Smart TVs.
TV-TWO is more than a token ecosystem for a decentralized TV industry.
TV-TWO is more than a team of young entrepreneurs from Berlin, Germany.
TV-TWO is a movement.
TV-TWO is a community of believers.

TV-TWO brings transparent transactions and crypto wallets into the living rooms around the globe.
TV-TWO positions itself at the forefront of society to establish the blockchain technology.
TV-TWO promotes transparency, equality, and fairness.
TV-TWO welcomes openness, disruption, and progress.
TV-TWO welcomes You.

'BOUNTY' means free giveaway/reward/price and do not need KYC as no money/investment is involved by the bounty hunters

Requiring to submit basic info should be ok and not KYC docs.If some one is asking for KYC docs,they are finding excuse not to pay

Bounty Hunters are 'getting paid' and "Not Investing".KYC is for Investors as they are investing their funds

The forum should make a rule that the Tokens/coins or btc/eth equivalent  to the bounty rewards to be pledged with escrow before starting any bounty campaign.Only such bounty campaigns should be allowed/approved  to run by mods

I like your idea of this thread and i wounder why bounty hunters are subjected to this KYC??

Bounty Hunters are not Customers simple as that( we did not invest money in the project) dont even know why this should be the case now...if this is the case more investors will wait for coins from an exchange and not participate in ICOs!!

Total agree with author. Project often used KYC to manipulate token distribution. Many bounty participants don`t want to share private information with anybody or someone doesn`t have foreign passport. This is a big problem. Projects should notice that they will use KYC. KYC is not froud but if you don`t noticed people you are grifter.

Tradeplayz gets added to the list! https://bitcointalk.org/index.php?topic=2825702.msg29200899#msg29200899

This is very good post, sadly I don't have any merit to give you. But yeah why would we need to give our private information if we don't want to.ive heard that some bounties will ask you at the end for your info in order to get your coins. Hopefully not many of them do this.

NO KYC For Bounty Hunters

Join us DeepWater Bounty (https://bitcointalk.org/index.php?topic=2738272)

The DeepWater ICO employs artificial intelligence for underwater pattern recognition to locate and map the locations of sunken treasure ships!

DeepWater plans to gather information about shipwrecks and underwater mineral resources in the Caribbean Sea and along the historical trade routes in the Atlantic and the Pacific Oceans
To collect the data, they will use Gliders. A DeepWater neural network will analyze the datasets and identify sunken ships, deposits of mineral resources, underwater anomalies, etc.

Treasure hunting is a hobby of mine, and doesn't real-world shipwreck hunting feel like a lot like hoping you mine the next block and earn the reward? Or is it just me? 

Well, I am all for it. Plus please @mprep, notice this please.

You work hard, anonymously 'most of the time' and they get free advertisements out of you. That's not even fair.

Escrows should be a good thing for this.

Plus, a promise of non-KYC as a rule for the bounty managers.

Reminded me of Gla###### and Re$$$m bounties requiring KYC after quite sometime the bounty ended. luls

This kind of thread is what i have wanted to read this past few days. This sudden NO KYC, NO BOUNTY rule is somehow growing everyday.
 It is very saddening to see that after several weeks of hard work you will get a notification that you need to go KYC process. As a bounty hunter you are just promoting the project. That is very far from being a customer that needs to undergo KYC process (in some ICO).

Got a message from the Bitcloud BTX Bounty Manager! https://bitcointalk.org/index.php?topic=2370964.msg29265986#msg29265986

I agree that the rule must be clear from start but put yourself in the shoes of companies, what they want are real social profiles and not anonymous accounts that could co-opt each other. Even a LinkedIn account can be anon ..
Conversely who would like to invest in an anonymous ICO?
And by the way, except to be from China, why do you want to remain anonymous in 2018?

Again, the only goal is not to remain anonymous. There are many dangers in trusting personal information to a bunch of different ICOs.

It reminds me of a child a told should put on sunscreen before going to the beach. I said, "You could get cancer if you don't wear sunscreen." He replied, "I've never gotten cancer before!"

Until your life is ruined you will never understand the risks. The same goes for privacy.

KYC is bullshit and the same tactic casinoes used to not pay people. Only when you investing a lot of money should you need KYC. So say over $10000.
will need KYC. KYC is banks. How legit are these ICO's?? The people running the ICO should show us their KYC not the other way around.

My local bank asks for KYC let us compare them to an ICO.

I will give my info to a bank because.

1. They are legally registered and can get into big trouble for leaking personal info.
2. They have been around for years and have a physical location as well as many people working there so if there is an issue it can be sorted out.
3. They respect you as a customer and are there for you at any time during work hours.

Why I won't give my KYC to ICO.

1. I don't trust some random person online claiming they legit when they have no physical location and are a faceless organisation.
2. No legal repercussion for sharing your info.
3. How safe is my info and where is it stored?
4. Who are you? Who are the people behind the ICO and what can I do if I am scammed?
5. I cannot meet face to face with ICO projects like I can with the bank.

If I cannot physically meet someone why in the hell should I give them my info? They can disappear and I can do nothing. How long till my info is in the hands of a scammer who uses my info to commit crimes????? I have no protection against this and can do little to stop this.

ICO is perfect for a criminal. If I were a criminal I would ask KYC and run an ICO and sell the KYC info and noone can stop me. Do you see where I am going with this? These people are not banks they have no legal standing why do they want out legal info when we don't have  theirs?

Do ICO projects even have an address, these pictures of the ICO team??? Are they real?? I think not.

You cannot ask someone for money and remain annonomous whilst they must not just give you money but surrender their person info.


No thanks. I wouldnt even give my KYC if I was to invest. I would however give my KYC to an actual registered company with an actual HQ that is physical.

How many of these ICO's are even legally registered??

I want to see some legal info of the people running the ICO not the other way around. It is them that must prove they legit to us not the other way around.




Oh and btw KYC means nothing. Scammers who run scams will open different bank accounts with different people they find. Say a homeless person or someone off the radar. THey then simple close the account and open another or have 20 accounts with 20 random people they get info off. It means nothing. Right now I can go to the corner of the road and ask someone there waiting for a taxi or work to give me their info and I can pretend I am them. Can you  see how useless KYC is???

PErsonal info is worth more then money because people can do all sorts of things with that info like take loans for example.

It is all good and well gicing away your info untill you get a call from an officail saying you owe money becasue you have 12 loans under your name.
Maybe you get extorted?? You get doxxed?? Someone here on the forum gets that info a publishes it and now everyone here knows who you are and where you live??

No thanks.

I understand the need for compliance, but the potential for massive identity theft from a scam ICO is very real. The law must safeguard the rights of all, not just companies. This is a legal gray area, because I imagine some sort of liability from potential misuse of identity. Also, projects should be verifying themselves with us, not the other way around -- the whole point of blockchain technology is defeated with this.

There are serious issues that must be debated.

I just see a massive lawsuit coming as soon as identities are stolen en masse. I'm not fear-mongering -- I'm warning of a very real problem.

And one of my favorite bounties Chimaera bites the dust...at least they will be paying out bounties up til the point they cut off US citizens.

I wish your list was much bigger? Is that how few bounties will promise no KYC?

Here is some important resources I was given by a bounty manager regarding KYC and how it applies to bounty hunters (especially US bounty hunters).

The relevant laws are for securities and the specific principle at play is called "The Howey Test".

It's been in a few news articles. Here are a few references:

https://hackernoon.com/rest-in-peace-ico-bounty-programs-fc1e1e04e867

https://medium.com/@coincrowdit/sec-targeting-icos-that-offer-bounty-programs-d444a894a59f

https://www.coinbase.com/legal/securities-law-framework.pdf

I won't mention by name who sent this to me, since they are a bounty manager and not a lawyer, but if you happen to see this sir, Thank you!

good thread to track.. I didnt have a clue of what is KYC till the term came up :) .. too late, waste of a bounty effort!!