Bitcoin Forum

I believe the projects are using KYC as a ploy to not payout after bounty hunters have already done the work.  I see more and more of these surprise KYC requirements after the work is done.  This is clearly being done to seize the funds of the bounty hunters who are not willing to give personal data to god knows who. 

Very clever trick. They are trying to use us then ask for requirements which go directly against the movement. 

This is exactly the scam that is playing out...we need to out these projects and vow to never work with them again.  Here are the projects that have scammed the bounty folks that I know of. ICOs, you are on notice, pull this scam and we WILL boycott and work against you, it's just that simple.

1. CyberMiles (AFTER the referral program they claimed that you had to purchase at least 2 ETH...of course the ICO sold out in 45 minutes)
2. SwissBorg (they pulled the old, "oh we need a NON USA KYC completed to release your referral credits")

Everyone please list others that can't be trusted...as these projects have made a HUGE error in judgement that will cost them dearly as the crypto community isn't that big and the scammers get called out and are never forgotten!

 

Don't ICOs generally announce these requirements beforehand? I've run across some ICOs like this but they always announced beforehand that they have some sort of KYC process in place. It is a dirty move if they announce it for the first time after the bounty is over and it's time to pay, of course.

This happened to me as well!!  I did all the work and requirements and then at the end they hit us with KYC.  Needless to say I'm not ignorant enough to send in my passport so I was not paid for the work and the bounty manager/project stole my work.  

I'm also very surprised to see the amount of people willing to bow down to the rules so easily.  No wonder the powers that be always stay in control.  

If crypto does not equal privacy/anonymity then what the hell is the point of all this?  I believe crypto begins to die once it is no longer anonymous.  Visa and Mastercard wins hands down at that point.  The privacy is the main selling point.  

I will begin switch my crypto over to my local bank as this trend increases.  Crypto is pointless when you have to send your passports in.

Mastercard/Visa and the big banks do not require this level of security to get a credit card so now crypto has ZERO advantages.  

i never join to kyc required ico. i prefer to buy in exchanges.
we are in crypto world and we do not have to kyc approval for sure.

It is likely that this is so. After all, no one can know exactly for what purpose the project starts this process and where they eventually transfer the data of investors. Because it seems to me that these data are not transmitted anywhere, and personal information can be lost afterwards.

I prefer not to join with these ICOs that requires KYC verifications because i dont want my privacy and identify to be compromised,our IDs could be use in illegal activities such as identity thefts,which is unacceptable because the people behind these ICOs doesnt undergo with these verifications and why would the community risk their indentity? IDs are very precious thing that we couldnt afford to lose,that is why we are using cryptocurrencies to eliminate centralizaion.Best thing to do is to stay away from these ICOs,because you might wake up one morning you are in the news having criminal offense because your ID was used to criminal activities.NO NO NO!

This point is huge.  You do not have to give this info to the banks to get a credit card.  So now its easier/cheaper/more convenient/and safer to use the Bankers to make transactions.

Crypto no longer has a point if this continues and the bankers win once again.  

I applaud all of you who are taking a stand.  

I actually think that sometimes ICOs use KYC as a delaying tactic or to even avoid paying some participants their bounty reward. I don't actually get the point of asking KYC for bounty hunters. I understand that it's needed for investors for regulatory reasons. I really avoid joining bounties with required KYC.

if we are talking about a legit one,of course they will do that for sure.
but the main problem is,from 1000 projects out there only 10 legit projects that we can see and only 5 from them commited to their promises.
so it's not surprising to see this kind of problem,
first you're doing their task,and after they completed the ICOs.
they will ask you another and most of them ask you to send your document which is totally questionable.

I don't think it's a scam whatsoever, at least the large majority are not. I think it's that many do not look in to their legal obligations before announcing bounties and such but then later realise they need KYC. It's a legal requirement so there's not much they can do about it. Mostly it really limits multi-accounters which is a great thing.

All projects use KYC now, it is normal. It just to identify that you are not US or other prohibited countries resident and prevent bots using in registration.

I think that the developers are doing this procedure to weed out the fake accounts. But the problem is that anyone can forge or buy any documents. On this all have to spend time and money, but the sense of verification is lost :(

Well said. I agree with you completely here. This whole KYC drama is seriously hurting crypto and the members of the crypto community which is why I urge everyone not to fill in these KYC forms since it defeats the entire purpose of crypto. Many airdrops are also asking for KYC forms these days which is deplorable and something that I am completely against. We must boycott all such campaigns to teach them a lesson and make them understand that we are not willing to sacrifice our privacy for the sake of money(Which we may or may not get).

I know that KYC is to protect the project's from being abused,and to identity these chinese and u.s citizens who wants to join these ICOs because the SEC has been banned these people of joining ICOs,clearly these Is are just protecting their project because the SEC might sue them from accepting U.S citizens,but for me KYC is not necessarily needed with the bounty hunters because our only job is to promote these ICOs and we didnt even joined these ICOs that is why KYC for bounty hunters isnt acceptable.

Many projects are announcing KYC process beforehand. I don't really understand your statement, KYC process was created so people don't abuse the system. You know, some ICO's are making restrictions on which countries can and cannot participate in their crowdsale. It's just the law that forces them to implement this. For an example - ICON. ICON was one of the first ICO's in which I participated and there for a first time I saw that there is something called KYC (Know Your Customer) application. As you know, Korean government started to regulate the cryptocurrencies and they want to get rid of all scam projects and make things more transparent, we are talking about real money flow, which is still not regulated by many countries and because of this reason bad people can use this opportunity to make anonymous transactions or use the virtual funds for illegal stuff. Even that after they hit the exchanges anyone can buy or sell this, they are obliged to go through this process.

This is completely false.  I'm in multiple bounties and ICO's that are not requiring it.  This guy is simply making this up.  

It's a small majority of scam projects attempting to make this KYC scam stick.  This fool must be one of them.

Any project which cares about technology and crypto will move there project to a proper local instead of putting all their supports information at risk.  The biggest of the biggest corporations get hacked and the data stolen.  Do not give your data to small time firms.  

I think you might be making a point here but let us still believe that the KYC requirement is a legal process. If it's a ploy we will all know in the nearest future but for now let us see what we can do to collect our bounty payment. We have worked for it and we need our rewards. Thanks

I don't agree with you, I think that the opposite is correct.
Usually ICOs organizers that require KYC Documents, are usually regulated, and the fact that there are regulated means that the chances for you to get scammed is much lower.
If an ICO doesn't ask for KYC, keep in your mind that this ICO is probably unregulated, it doesn't mean that you are going to get scam and it doesn't mean anything about the results of the ICO, but all it means is that they don't work with regulators, and you are taking the risk that regulators could be shutting down the ICO, or even worse, the ICO could turn to be a scam and the organizers would be able to run away without any troubles.

It depends maybe in ICO because I have experience one ICO that requires kyc but they give me money, I worked for them then I fill up the kyc form then they pay me as simply as that.Not all ICO's are fraud you need to make a further research first before you enter in one ICO.

KYC verification will lessen the chances of you being scammed by these ICOs,because legit ICOs today are requiring KYC for you to have an idea that you will morelikely receive that tokens you bought,because most of the scam ICOs today doesnt require any KYC verifications,I know that KYC verificatoin gives us risk of losing our identity but it is the best thing to do,for us to be sure that the ICO we are joining isnt a scam.

this depends on the team behind the project , if they are serious about their project or not

Personally,
I don't think it's a scam.Simply because people nowadays are abusing the referral system by self-referring,using proxies VPN and such..
When asking for KYC,they assure that no one cheated in the bounty and making everyone getting his part of the cake.
There is no point in making referral bounty if 1 person gonna self-refer over and over.That won'tbring any value to the project.

Exactly what i though, ussualy if that ICO want to do KYC he announce it from begining, but some ICO announce it when the presale almost over or even after the TGE over. So its just KYC doit so you can receive your token, for legal reason anyway. Will be plus point if the coin or token allready have market after you receive it just sell it.

You are not right. I, too, am a bounty hunter and I think the passage of the normal KYC. It is right and helps keep track of scammers in companies bounty (mult account). I find it unfair that in most cases only investors go through KYC.

Time will slowly eliminate the KYC.  With more and more projects coming out which ones do you want to put your money in?  The one with full background checks who show no respect for your personal privacy or the ones you can simply purchase.

There is simply no need for Crypto if we have to have full background checks and are treated like criminals.  We have the bankers for that. 

If there is a need to send passports and videos of ourselves then the crypto movement will die.  Make sure to get out of crypto and into fiat if you see the KYC gaining much more traction.  Crypto cannot compete with traditional banking if its not anonymous.  Very surprised at the lack of IQ of some of the board members who cannot see this.

Know your customer (KYC) is the process of a business identifying and verifying the identity of its clients.
Many countries want it because of regulations in crypto!

Most of the crypto projects are dead if you require KYC.

Could you imagine if Monero had a KYC.

Amazing there are a few people here who think this is ok.  It seems like there is always a wave of human sheeple that hits all the positive movements that could help us free ourselves.  KYC being negative for crypto is so crystal clear and yet some of these sheep still don't understand.  I'm not sure if its due to their upbringing, location or general low intelligence but we need to stand against these perpetrators.

I also half think the supporters of KYC are govt agents posting here.  No free man would ever support this.

How many govt agencies have you sent your passports too?  Better yet did you do any video verification?  Knock knock.  

Agreed. But I'd like your idea about XMR with KYC. May be I offer such idea some new ICO's. It would be bomb.

Really KYC presence I understand but don't like. Tis fact in full kill cryptocurrency idea itself. Because it became as some bonus card or same

Those whom sacrifice their freedom for security deserve neither.

Benjamin franklin

--   Anyone waiting for the government to save them truly is the lowest of the low.  It's people like this that let the tyrants run free.  This poor fool cannot make his own decisions and wants daddy government to protect him.  Such an odd human characteristic.

Why just scammers? It's just that laws are issued that oblige KYC for all ICO participants, including bounty participants, because they also receive tokens!

And maybe it makes sense just to give your data and pick up your reward? How can the ICO team use it?

The fact is that when you join such ICO companies as a signatory campaign participant, they do not write anything about KYC. People even ask them directly, they are silent. And only when the ICO ends, then they declare that everyone must claim the earned tokens, and for this they come up with a registration on their various sites, and multi-way. Poorly proficient in English it is simply impossible to go through all this and understand what they want. In the process, they require you to report various data about yourself. I myself have already faced this twice. Also, they come up with demand for earned tokens in their group of telegrams. For example, the Crycstal campaign demanded this to appeal to some Alex, but he was silent and ignored the requests. Therefore, many tokens have not been paid. All this can be considered fraud.

KYC verification is being followed by the new ICOs because there were users who are using multiple signups with these ICOs that is why today ICOs are choosing to have KYC to identity these abusers,and to abide the SEC's ban for the U.S citizen's of participating any of these ICOs,but it doesnt mean that these ICOs are scam,but personally i dont join these ICOs who has KYC because i dont want my IDs being exposed to any of my online secutity related activities.

I don't advise participate in ICOs with KYC because your personal data maybe ICO will be scam or something else/

in my opinion these ICO can simply not be competent, they do not understand the legislation in the field of regulation of the crypto currency and therefore just in case hold the KYC

I half think some of these KYC projects are the government themselves collecting data.  What better way for .gov to crack down on problem citizens then to have a few .gov employees put together a project and then have all the lower intelligence crowd readily hand them the information.  Perfect way to make examples of people.  They will also capture most of the low IQ crypto members with no means of defense.  Big timers don't hand over documentation like this.

Bob's Repair wreaks of this to me.  Esp with the big endorsement from McAfee who you know is an insider.  With all the incredible projects out there why promote Bobs repair.  It makes no sense.  Anyone who sent their ID's into that one all I can say is LOL.  

I don't like that in bounty don't write in the beginning that need to pass KYC. I think it's wrong. It would be right to report this at the beginning of the company.

ICOs with KYC verifications are just obeying the SEC's decision not to accept U.S citizens from their ICOs because they are prohibited from joining any of these,but it doesnt mean that these ICOs are scam,i know the risk of sending IDs to these ICOs but it will lessen the chance of being scammed by these ICOs because most of the successful ICOs today requries KYC verifications.

Only banks need your KYC. Giving your local bank your KYC is safe because you are protected by law and the bank must protect your personal info because if it ever leaks it will destroy their name. With ICO they are not a bank and no one is protected by any law. ICO are run by ordinary people and they do not need to know our info. Almost all of them are not even registered as a company, to begin with so you could be giving your personal info to a criminal.

All someone needs to do is make fake ICOs and start farming peoples personal info and stealing their identity,

It is all fine and well to give your person info online till one day you find out there are loans taken under your name and you are blacklisted because of it.

What if someone commits a serious crime under your name or extorts you?

Think people !! Protect your self and never give your identity to anyone especially online. If you cant meet the person or a representative face to face then stay away. Identity theft is a huge issue and criminals steal lots of money. Your identity is worth a lot of money.

Under what authority do they ask for KYC??
I want the KYC of the ICO members!!

Name and shame ICO that ask bounty hunters for KYC!!
Esspecially if the bounty has a surprise KYC at the end then label them as a scam.

So far I have found HADE network

Stay away from hade network they ask KYC after work only.

Let us please start a thread to name and shame KYC scammers.


Bullshit. It is up to the indivedual to know what country they are from. If you are American you sign an agreement before you enter the bounty that clearly states you are aware that US citizens are not allowed. These places are not banks and have no legal bearing. They have no right to demand KYC from anyone.


Absolute crap. That is just their excuse they use to justify themselves askinf  for KYC in the first place. Oh and multiple sign ups makes no difference becasue the same amount of work still needs to be done and I would rather have 1 person using 4 accounts making sense then 4 people with 1 account each writting absolute crap.






KYC is killing crypto and goes against what crypto stands for. We are here to rise against the banks and be in control of our own money. Giving your personal info out takes all that away and you may as well just use fiat then.

KYC=scam unless it is an actual organazation and has a phyical location and real people you can meet. Otherwise they can run at any time with no reprecussions.

The KYC is not for banks at most of the countries, the KYC is being transferred to the local banks but thet are not using it,they act like gates, the banks transfer the KYC documents to the local governments, which usually are going to track you for tax purposes, and if you are planning on hiding incomes, you are going to be in troubles.
Entering an ICO means that you are getting protected from the government, as the ICO organizers can't run away with your money, but on the other hand, you are getting revealed and you are now being tracked by your local tax enforcement.
If the ICO worth it ,then it shouldn't be the thing that stops you, but being on the radar is never good for anyone.

I think KYC is against crytıcurrency concepts. Why should I give my information? Why do we use crytocurrencies in real life. Because we want to be anonymous. I dont like KYC. And if they ask after bounty I would write negative comments about their project.

Fully agree! I hate this kind of tricks as well as any other changes of requirements during the campaign. I don't see any reason to set KYC for bounty participants especially after the work is properly done.

Most of these ICO are just a small group of random people. They don't hand in any KYC to any banks if you believe that you are very naive.
You are resposible to report your own income for tax purposes. So if dor exacmple you have lots of money goinf through your bank account or buy an expensive car out of the blue the goverment can ask how you can afford it and if you can't say how you are in trouble. The government doesn't run after people they don't have time. You must report your own income. Do you sign a KYC when you buy a product?? Do you need a KYC for buying gold?? No..
Crypto is a private virtual item and any item you choose can be used to pay someone for something. They don't need KYC for it. When someone pays you at your business for a cup of coffee at your coffee shop do you ask people for KYC ?? NO!! Because you are repsonisble to report how much coffee you sold and the operation over heads and other costs, they don't need to know where you get your coffee or anything like that because it is none of their business.
Every business expense you must record and you must record the profits so at the end of the year when you fill your tax form you can justify your costs and calculate the income bracket you belong in.

If you are paid in crypto noone needs to know about it. Just like any other work you do online you must record it for the year end taxs. When you get paid to promote a company and get paid in paypal or in cash or a bank deposit do they ask for your KYC ? No...

Have you ever filed a tax report? Most people don't seem to understand the law. The bitcoin holders are very pussy cat scared of the government and its pretty pathetic. If you can't handle it don't be involved in crypto.

If you get paid in crypto and do not report your payments you will get into trouble.

Oh and by the way dude yes KYC is for banks and ISP and cellphone companies.

It's almost infuriating to see people say "kyc is normal now". I'm with the other guy I'm going back to fiat and banks if things are going to get out of hand.

Western governments don't want to loose grip on their citizens/taxpayers, that is the reason for KYC. We have to live with that. I just wonder, if my government will track the countless Airdrops I signed up for  ;D ;D

You are absolutely right, KYC does not guarantee that the tokens will be paid, you should admit it.  In addition, attackers can easily use the personal data of the participants it is terrible

If the project has no thought to deceive investors, then passing KYC will be safe.

law enforcement must regulate projects that require identity verification because it is against human rights. we do the work and still have to provide our data

I'm not sure about that as well. I wanted to think that KYC should be implemented at the beginning of the ICO and not after. Bounty hunters should be aware in the beginning to say the least to not doubt the project itself.

But looking at the last hundreds of ICO's that's been popping around, the issue started when the distribution of bounty started, they're enforcing KYC but at the back of my mind its not the reason why they don't want to pay the bounty hunters, maybe there's other reasons that really deemed KYC is needed.

be careful in using kyc, because at this time there are so many fake projects hanging around, don't let your kyc be misused by irresponsible people and hopefully we all succeed

Indeed, we are the most disadvantaged. When we lose our information, we lose important things. They can sell our information to anyone and they will use our information to do bad things. That is why I am very concerned about the implementation of KYC. Can we create a movement against KYC?

To do KYC for bounty programme is a regular thing. As a bounty hunter, I do not want to share my rewards with someone who is dishonest with other hunters or bounty manager. Be polite and do not try to tick the system.

I don't know why the bounty hunter need the KYC to receive your reward, KYC is known your customer, but I am not the investors, I am the supporter or promoter about the project, no sense to provide your personal data to receive the few money, or the scam coins.

I agree that there are many project abused KYC to scam bounty hunters by requiring KYC after the campaign finished. To prevent this, i only join bounty campaigns which have clearly rule about KYC for bounty hunters, they must specify that KYC is required or not required at the beginning of the campaign.

People really needs to be careful these days, there are a lot of scam happening in cryptocurrency now and so many people has been victim of these scams. God help us.

may be. KYC is used as a condition for participating in a project, but not all projects use KYC. KYC's goals may be good, that is to discipline and maybe there are shortcomings that must be addressed by KYC so that users are more comfortable.

`I believe the projects are using KYC as a ploy to not payout after bounty hunters have already done the work.  I see more and more of these surprise KYC requirements after the work is done.  This is clearly being done to seize the funds of the bounty hunters who are not willing to give personal data to god knows who.  

Very clever trick. They are trying to use us then ask for requirements which go directly against the movement.`

Wow, i think it`s no too good. they do it to know their customers well.
if you are a real person and have nothing to hide, what is a problem for you to pass KYC? it takes only few min, but gives safety!   

The KYC process today is beneficial only for developers, you understand that they can sell your data, so I wouldn’t have said it if you didn’t have serious doubts that today greatly violate the security of your data

I completely agree, this is really a problem. However, today I see that many companies have begun to warn about the need for verification. For example, all the bounties that Amazix conducts immediately warn about passing KYC

I dont want to send my personal documents to anybody. KYC is really bad thing for during ico and bounties. Why i should give my personal documents to people. These are important for me.
I am not joining any bounty which wants from me kyc.

Even on legit projects, we don't even know on where those informations being stored up after the sale or such investment. Arent we on doubt?

That's why either as an investor or a bounty hunter it would really be on our own choice or decisions regarding if we do tend to proceed or not.

Maybe the bounty developer team managers aim to create a healthy campaign, to ensure their prizes are evenly distributed to all campaign participants and at the same time get rid of fraudulent people who use fake accounts, or multiple accounts.

But for those bounty that requires KYC, I find it a good bounty and not a scam. We can trust them and KYC to participate in the bounty, I agree with you KYC is something stupid for the bounty but in some cases it can be ignored.

My brother joined the Morpheus ICO way back early this year but has since still waiting for the bounty rewards to be given. Does anybody have any idea whether they have released the said tokens for Morpheus? Hopefully someone can help.

I think there is no doubt give KYC. but sometime  many ico's necessary KYC after starting their projects. that means investors think no received their reward.this reason create negativits.

I don't in any way like the kyc if a thing , this is cryptocurrency and a decentralized blockchain , why on Earth do will need kyc when we are not in centralized business , I still don't know why such programs are not allow in the forum and more reason they always put the clause in the general rules that they can change the rules at any time when needed and if you talk they use that clause to tackle you, all project that talk about kyc are scam to me cause I see no reason for it .

serious big scam! the annoying part is after doing the KYC it may still be rejected or when they ask for your utility bill . Just wish KYC can be ruled out.

I personally don't see anything wrong with KYC either if it is used for the reason why it created from the get go and the only problem we have in terms of KYC are the modern technology abusers which was the people that caused the negativity been said about crypto currency. What we need is how to stop them from using KYC participants information for wrong things.

What you said does make sense because KYC make people vulnerable and I don't any reason why ones must do KYC for bounty campaign but concerning the ICOs investors, the KYC was implemented as a solution to stop fraud and money laundry during the crypto huge traffic which I believe the US SEC and Senior regulators did in other to have power over ICOs cause the KYC does not prevent investors from scam ICO.

KYC is not needed by anyone except those who are planning on sometime fraudulent actions. In the future, when state participation in the control of investor participants in ICO begins, then KYC will be necessary. KYC is currently a useless thing.

There is certainly something going on, I don't have any problems if they are asking for KYC at the beginning of an ICO, but to do it in the end seems like shady stuff to me, and it takes away a lot of the confidence I may have towards that currency, so we have to unite as a community and put a strong stand against those abuses, because if we let ourselves, the developers will continue to take advantage.

I have a negative attitude to the project at KYC. If the project is really worth it, I will go through this procedure. But no one gives me a guarantee that I will receive a reward. Or this reward will be valuable. Personal data is what is important now.

I believe that if there was originally information about the passage of KYC, then there is no deception. If, as you write, at the end of the work there is a mandatory requirement for the passage of KYC, then there are at least three options. The first is how you write - deception that would not pay the participants a bounty, in part or in full. The second is when the team tries to remove the scammers from the list of participants in the bounty. Unfortunately, some of the participants violate one of the clauses of the conditions - this is the presence of one account to participate. Many have two or even ten accounts. The third is when the team at the expense of KYC is trying to attract all participants to themselves or to the site or in the application. That is, they write that you need to go through KYC on the site or through the installation applications.

whether it's scam or not, what is clear is that Kyc is quite difficult for the bounty hunter, especially when the Kyc is announced at the end of the period. because sometimes to complete the course of the course is very complicated and too many requirements such as when making a credit card. if crypto is created to be simpler than a credit card, it shouldn't be important to be obliged.

Yes, it is not good if so do ico projects at the end of the bounty campaigne. At the same time, they may require a lot of documents, even a video or bank account. They write that it is required to combat money laundering but it is all a hoax. Many countries have no laws related to ico and cryptocurrency, why should they pass it then I don’t understand it and it remains a mystery.

The worst thing in this situation is that it’s true that investors who send their data to the network are immediately deprived of anonymity and put their data in a dangerous situation, because very often it happens that the data is simply sold in the end.

I saw this and was being complained by most of the bounty hunters.

I don't think they really have the intention to scam the bounty hunters but it just so happened that their requirement came with the wrong timing.

The requirement always comes when it's the time for sending out the payments. I'm not fond of supporting the bounty hunters but anyone in their right mindset would ask very first questions to the team their KYC requirements. The team can introduce any ridiculous rules if the project investment is a hit and they want maximum profits for themselves.

I think that today the provision of personal data for ico companies is not bad, but it seems to me that in the near future we can expect fraudulent actions about this, too.

You should be careful with project that require KYC  because they can steal your information , I rarely participate in such projects because the cryptocurrency is anonymous

It is not only to seize the funds our personal information also can be misused by the team so never ever share your details to anyone.But nowadays some of the managers clrearly states that no KYC or needed KYC so you can join on their campaign if you want.

KYC for bounty became so popular and now when I look for new bounty, most bounty require KYC to get reward. Whoever does not pass KYC will not receive the reward, I find it quite reasonable because we can reduce the number of cheaters

I've come across projects that just didn't respond , and the token information has been removed from the shared branch , and after a month of silence, they've done another round of bounty.

there are some KYC that are used for crime and there is also KYC used to take loans from several banks that might be able to be done by the founder of the ICO, so you should be more careful when doing KYC.

Yeah that's the sad reality and it really happens. They are modifying their rules and the bounty hunters can't do anything with that because they are introducing the changes at the end of their bounty.

BHters can't even leave that bounty because the space given was enough for the bounty management to do everything on their favor.

Yes, I agree with you, your opinion is same with me. It should be if a bounty campaign wants to apply the KYC system to bounty hunter, they must notify them from the start and not suddenly notify when the bounty has finished. I also feel very disappointed in the attitude of some projects that were very impressed that they were not professional in dealing with things like this. I hope that in the future they will be better and wiser in making unilateral decisions about a system that looks like it is unfair.

I agree with you. I have done many bounties. From that I got an idea about projects that are requiring  KYC. Most of them are scam projects, if not very poor project. But rarely some great projects require KYC and also I got a many tokens by them. So I think we must need to do a good research about projects before start. Community chats are the best way for it. Look at the replies from admins, their decisions, way of talking to members... By that we can get an good idea. Also if there are popular persons, brands as project advisers and sponsors, It will be a good project although they require KYC... So be very safe before start hunting. Because your time is very valuable.. Good luck for everyone who hunt BOUNTY...

KYC is not a scam. It is the governments requirements and right to know the customer behind the token sale. And on bounty campaign, there is nothing wrong if they require KYC to redeem the tokens. It is the humans fault if he knows he couldn't pass the KYC still proceeds and ends up whining.

yes, most of them don't pay bounty participants after all do KYC but before joining the bounty we have to ask, does it need KYC or not? if indeed doing KYC the next step we have to look at is the team ... if the team is serious then we will be paid after doing KYC

Many are just using that to deceive people in thinking that they are real project but later run away with investors funds and don't give hunters their reward, though many turn out to be real project by doing all they promise but many are using this means to scam people and the most dangerous part is the data collected from people which is very risky.

because many consider that the KYC into bad things then the bounty is now announced it from the beginning. does this require a KYC as a requirement or not this reported early to anticipate unwanted things including the lies that many people think about these requirements. but it carefully in the KYC is important because a lot of identity theft is indeed from this as well.

Yes, I totally agree with you. Very often, the ICO teams announce about KYC verification only at the end of the ICO, when the number of tokens to be rewarded for participating in the ICO generosity campaigns is already calculated or even already calculated. It is obvious that in this case the ICO team comes up with ways not to pay parts to the bounty hunters of the tokens they earned. Not everyone wants to be tested by KYC or can do it for various reasons. The calculated but unpaid tokens to the participants behind the heads are then assigned by the ICO team. Moreover, it should be noted that the verification of KYC is generally illegal for bounty hunters, since they are not investors in ICO projects.

We really have no idea where there stored are private information but they should really protect it, but since we already comply with their terms and conditions we have no more control on that. So if you want to be more protective, better to secure your own important social sites or important details, emails can be use for any kind of hack so we must be more responsible protecting that one.

If you see security on that project, then submitting your personal information is not that matter as long as you still have control on your personal accounts. We cannot stop this, because even banks are doing this thing most especially if you have credit cards. Credit cards companies have their own access on credit card holders of a different banks, so technically our personal information are already spread around the world.

I also think so that KYC norm is totally scam. But, I believe that there is no requirement of the KYC as all the ICOs are related to a private person or the body and why should we share our data with the KYC. Again, while we are talking about the decentralised nature of the cryptocurrency and complete anonymous so what the need for the KYC data.

actually simple, they actually don't believe in bounty hunters. and they will not waste their tokens given to many accounts. The existence of KYC is indeed busy us. actually I myself do not agree

you are correct. it is ridiculous to demand kyc from ico participants or from bounty campaign participants. why would i share my private informations in anonymous decentralized platforms.