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What about bounty program when the end we must KYC and we send many eth to get paid from bounty program..i look BETEX..for get token bounty program we must kyc and send eth to developer..how about it

I do not see any problems at all. Yes, it is not always convenient and you do not want to, but there are no serious problems. The main thing is to warn about this in advance, and not in the process or the end of the company, so that it does not come as a surprise.

KYC compliance for Bounty program it doesn't matter for me, but I don't understand why participants should send ETH to receive payment?
what is their reason for that? this rule is foreign to me and I think the team should have a good reason for that

sorry friends .. because of experience join bounty cibus coin .. after kyc and send eth gas was his price far below ico.dan not sold in the market .. so a little fear to join the program in must send eth first to get token bounty

really friend .. what we fear is after we send eth gas to the developer it turns out the tokeb price is not in accordance with the cost of eth gas that we send to them. it makes the reason I doubt in the delivery of eth gas after completeness kyc fulfilled

You need to be careful, and make sure you only join good and reputable campaigns. When you hand over KYC information, you are sharing valuable documents. It is vitally important to be very careful and research the company thoroughly before sharing.

in accepting the fee should send ethereum? is it a reasonable thing? for many who might dispute the KYC due to fear of personal data that may be misused. Mesi is so sometimes there is no matter and also no problem with the existing system of KYC. It was precisely that question of not paying is must send the ethereum.

I do not consider this a problem. You give data in the bank, maasin. Why are you afraid of КYC? I consider this to be normal.

I do not recommend joining campaigns which ask for KYC whenever possible since this whole KYC  process goes against the very thing that the cryptocurrency market stands for which is anonymity. I discovered this market while searching for a way to conduct financial transactions online in an anonymous manner without any sort of outside interference. On top of this, avoid campaigns that ask for any sort of payment since they are most likely scams.

You mean to say people need to send a small amount of eth to cover GES to receive bounty tokens?

If yes, then people shouldn't join such program because as a token owner and who is running the bounty should take the responsibility to send tokens to participants and should absorb gas price or reduce the equal number of tokens to cover the GAS price.

Since some countries are banned ICO's so seller needs to verify KYC check member is from any of those countries.

You may not find KYC a problem same as I do but sending ETH to get your tokens, is a big NO for me.
Never in my mind will I send ETH just to get my tokens which in the first place should belong to me as a reward for the hardwork I have given.

It's such a scam. The developer of betex has forced the bounty participant to pay ethereum as a requirement to be eligible to get your bounty token. Never try to join in it because so many people are thinking about that. Betex is such a scam program, it may better for you to give any awareness for anyone that participate in the betex to not join on it.

you need to be extra careful when providing KYC specially those projects asking for eth as gas fee. I encountered same project which is cibus, I participated in referral program then at end they asking the same but I turned my back.

I do not like this. Sometimes at the beginning of the campaign, there is no KYC rule. But when the bounty campaign ends, the manager asks KYC to get a token. That is a ridiculous request.

This is the first time I heard that we need to send ETH to a project to get paid from bounty campaign. This makes me feel that the project want to get money from you only. Their are many bounty campaigns out there that do not require you to pay ETH. You can choose one of them :D

Yes, many bounty campaigns did not have this rule at the beginning, and this rule was added at the time of the final payment. This is very rogue. you don’t have any way. The rules are all made by them.

me too take a part at betex, but until now i still not send that amount of eth. just waiting.

Well it is kinda subjective when we comes to KYC for bounty

The pros is that it can ensure that everyone from the bounty is person who is eligible/non criminals/user who does everything or earn money legally
The cons is that the misused of data might appear, the recent GDPR enhance and gives data more protection for owner

I believe that program requires you to send ETH-scammers..we came here to earn and not to pay..what about the kyc procedure does not care if this will be known in advance(I would like honesty from the organizers of the bounty)

Bounty kyc would avoid alot of bounty abusers. So I do support this but it should be anounced at the beginning else don't support it.

sorry if you need to send eth for the payment . It will never be called bounty anymore you just bought thier token using your ETH . If the bounty asking for eth to be able to recieve the payment its looks like scam to me.

Even the biggest bounty teams have begun to want to. I think there is a big problem here because a large part of the projects are garbage and can not collect money. So when you do it you will give your credentials to others without any compensation

It is not a bigdeal to me to have kyc in blunty programs although it is hustle to us bounty hunters but the particular ICO wants only to see that we the participants are capable to get our rewards. Maybe they want ti secure that there is no farmers in that particular ICO. Because as of now there are so many farmer in every campaign.

For several months I have seen that several bounty campaigns require KYC before releasing tokens. I do not like to send my personal documents to anyone, but if this rule is written in the bounty campaign you have to respect it. The important thing is to inform all bounty hunters of this procedure at the beginning

Doing KYC is not any problem for me, I think it needs to be encouraged to remove fake and multiple accounts people, but the one i did not support is sending eth to the developer, that is totally unacceptable and i am against such act

I don't see a problem with KYC for bounty as it reduces (not eliminates) multiple bounty accounts and bounty bots. Ideally ico's should have this requirement at bounty stage and not bring it in at a later date but often conditions change through the ico. I've only come across one bounty where the kyc has required payment ($9) and i was initially dubious of this. (Dfinity) but after looking into it it was legit and the payout was more than worth the $9.
Best to go into the telegram chat and see whats going on and if it's legit before sending any money. I hope it doesn't become a thing to pay for kyc / bounty.

i too don't like my documents floating around many places, our documents might be misused.. that's why i avoid kyc bounty programs. so far most campaign managers post if kyc is required or not to join bounty.

it's wrong for projects to ask eth from bounty participants to get their bounty, unless it was agreed at the beginning.

According to me, KYC verification should not be done for bounty hunters. I think it should be necessary only for those who must buy tokens, also because there is no regulation in any country that provides for verification of the identity of bounty hunters. In any case it should be mandatory to specify it at the beginning of the bounty thread

So far, I have not participated in any bounty company in which it is necessary to pass KYC or send Ethereum to get my tokens for the bounty company. I've seen some companies where it's necessary to pass KYC, but to send Ethereum is more like scams.

I am not comfortable to send my data to the developers, actually I don't see the purpose of submit kyc document for them, the purposes of the crypto is anonymous and the document is a very private thing and we need to submit to some unknown site, I honestly dont feel comfortable to send my document, so I always avoid any coin or bounty that need to submit kyc

KYC in bounty is not necessary because the primary purpose of this is to collect information of bounty members for use for other purposes. If a project requires KYC and send ETH to developers to receive the Token, it should not be involved because the scam capabilities of those projects are enormous. Therefore, only participate in projects that are highly valued by the community and reputable websites.

There is no problem with KYC since its only natural that they want to know who their sending the money to. Also, KYC helped detect cheaters using multiple accounts. Those cheaters can really affect the whole distribution if they are not caught. About the Ethereum fee for you to get your reward, that shouldn't happen. This is the first time I have heard about that policy for bounties. I think its not fair for bounty participants to pay just to get what they have worked for. Unless its mentioned on the general conditions and rules of the bounty.

An ICO project like BETEX, requesting KYC members and send ETH to developers is a weird thing. You should be careful before sending ETH as it may be a scam project. Consult with BETEX or experienced investors on this ICO project to verify information. Often, ICO projects only require members to do KYC.

some ico indeed ask us to send kyc, this is very annoying because the notification is done after the program ends

but we must follow because to get paid from the program it is one of the conditions that must be met to get the token,

many ico are asking kyc because of this to avoid the occurrence of money laundering

I think this has become something normal now. But a situation where you are not informed before participation is what I dont like. But all the same its a nice idea.

A theme that both sides of the issue, so the positive side is that it avoids abuse and scam of the participants generating a possible respect in the ICO community. Now on the negative side is something complex ask to send documents and yet there is no reliable parameter and this should be studied and thought by all.

I like anonymous projects.

Then you might end up not being able to join any kind of ICO in the future. Most of the countries are starting to be completely strict about imposing rules and regulating ICOs. KYC is starting to be a mandatory thing for now. It is actually for the well being of the customers. Helps to make sure all the investments are legit and no fishy business is being taken place by money launderers.

Why do you need to send Ether to the developer to get your bounty reward? I think that is already a scam campaign. Do not send Ether and never ever disclose your personal details for KYC. They will just steal your identity.

doing kyc is not a problem at the end of bounty campaign, as long as they discussed about it during the run of the project. but sending eth to the developer? I dont see any bounty campaigns that requires bounty participant to send any amount of eth. I think it is scam.

Yes I agree with you. Previously there was a notice in advance so as not to be a big or shocking issue for the participants. However, I feel sorry for those who only get a coin with a small amount then have to pay to be able to claim their coins.

what do you mean by you dont see any problems at all, the bounty campaign requires to send ethereum, not just to pass kyc. please do explain and let me understand why such thing is good and not a problem at all.

All I see in KYC are security measures and assurance that the participants do not use multiple account and also to track the legibility of the participants. I see no issue with this whatsoever and I always think that a bounty with KYC is high valued and will always succeed.

What's wrong with multiple accounts ? May I have several wallets in the real life ?

To me, any campaign you engage in and the project manager asks to pay before you claim what you work for is nothing but a scam. They may be required KYC but payment by is uncalled for. Although the KYC for bounty does not also worth it.

Overall I don't like it but I will do that if the company who does the KYC verification is well known and I like the project that I want to support. But I would not advice to do that for every single campaign because some of them are seems scam. And you will never know who will use your documents and for which goals.

Yep, I agree many bounty campaigns didn't announce the KYC verification in the first place of their Bounty thread, why would they do that? Im not hating KYC but they must announce it early or during the bounty campaign.

Cryptocurrency that ask for Kyc is ok but ICO that ask to send ethereum is a waste of time

There are different perspective as how they may agree or disagree about that KYC thing for joining bounty/ICO. But I will still stand about not permitting to submit KYC information thus you cannot trust anybody that easily. Some might use this KYC to steal anything from us. As far as I am concern, if I were about to obliged by a bounty campaign about KYC, I woudn't permit myself from doing so.

To get the token that you worked for you have to send them money??? WHAT?!?!

That seems like such a blatant scam that I can't even realize how people would be ok with that. They'll let you participate in the bounty campaign but when you need payment they ask for personal documents and money in order to send you what you worked for  ;D ;D ;D ;D

KYC is understandable in conducting bounty programs but sending eth to developer is kind of a red flag there. You worked for it and should earn from it not the other way around. That sounds peculiar, honestly. Kindly double check with them, you might misunderstood but if not, its kind of scammish thing.

I think KYC is fine as long as it was clearly stated from the beginning of the bounty campaign. For sending of eth in order to receive a bounty, that is a red flag. Why would you have to pay for something you worked for when you should be the one getting paid?

i think having a kyc in the end of a bounty campaigns is okay because some of country banned crypto thats why some bounty need to have a kyc, but when you say you need to send some eth thats a problem mate as a bounty hunter we dont need to send some eth to receive our rewards. 

Asking for you to send Ethereum is a red flag. From looking at the Project, I would not even have joined the bounty program as this project does not pass my due diligence.

KYC is normal, stock investors also need KYC to verify identity. I think it is necessary for the project to remove people in the forbidden country from the project.
Like the Shivom project, they need KYC to verify their identity and use it to remove members from banned countries such as the US and China. Do not worry too much about that. ;)

Well if you are investor then you will have complete transaction between you and the developers of that project thus making it valid reason for them to ask for your KYC. The fact is it's mandatory for them to ask you KYC so that fraud cases are loosen up bit. It's not really necessary as it's taking out the decentralised freedom which was supposed to anonymous one.

Anyway in the long run they will ask it surely. But if you are talking about the bounties then surely it is not needed because when you token from their then that's not really a sale!

SOme Bounty programs are now also required to fulfill the KYC. But most of them only tell it at the end of the bounty. I mean, it is important to announce to the participants in the first rule that they will need the KYC for bounty. here, I myself don't mind to require it.

for kyc I think it does not matter .. but the problem is when token bounty results turned out to be ransomed by paying some eth gas in the specified .. it is a doubt to take the token results bounty program..we not know what their will give or their scam project just want sell their token that not sold when their search participant purchase ico

I agree with your opinion to the info kyc early in the start bounty program .. I did not mind if you have to do kyc at the end of bounty for the distribution of tokens tokens .. hopefully can be followed by the developers for the announcement kyc at the beginning of bounty program

for example its bounty cibus token .. at the end of the bounty program they ask for kyc and delivery of some eth gas to the developer .. but it turns out the coin price of cibus itself is now not sold in the market .. it is also the question why should send some eth gas to the developers..whether their coins are not sold or for what.

KYC is a good thing. I'd rather see even stricter rules applied to participants to ensure actual quality exposure for the project. Right now so many projects suffer from endless spam on for example Reddit or Twitter. Have you read the replies? Shameful and I don't understand why those replies still get any rewards.

As for payment of eth to receive bounty tokens? Total bs to me. If this was a clear rule up front, I'd immediately stay away from it. If this was a rule added at the end of the campaign, I'd scream scam.....

really also my friends .. in bounty program we also work to carry out the task given by them and why we after work to take salary must pay some money first to them .. it is illogical in my opinion

i don't know why they introduce this kyc of thing because i don't really like what they are doing to asked to send them ether which serves as gas to them. but normally we don't send anything like eth to them in most of the subsequent bounty programs we participated we don't send anything like to them before sending us our tokens.
i think that is likely to scam.
i participated in cibus bounty campaign and i was to send them some ether for me to be able to receive my token, which i did but till now i haven't received my token, i followed all the instructions given for me to receive yet nothing seems to be done till now.

Looks like a scam imho, I did not need KYC for all my bounty's programms. But' Ive heard about bounty's that needs KYC strongly, but they dont ask you to send eth. That's why I'm a little confused about that situation, but I can be wrong.

I think it is a scam, why the hell you will need to send eth just to get your payment for your work? No bounty campaign ever ask for eth in order to send the payment. Maybe it is really a scam so stay vigilant in that project.

So far I never encountered on that paying first ETH before you could claim your reward token from a bounty project.
And yes that was probably a scam project aside from KYC they need an amount of ethereum, why they also required those members to have an ETH first for gas. For me I don't have any problem with KYC if I know that project is legit.

Yes budd..for experience when we join bounty program like this i will stop..but i think that not logic we work to him work they task but we must paying eth for get we token .that is not real project

Yea..i think so..if kyc i ever follow program bounty..but for send eth gas ..a new for me knowledge about this project..iam confuse about it..why we work and we must paying to developer..thats really scam project

It's getting more common. I think that soon it will become a common practice and most of the bounty programs will require KYC. We can only accept it as a given, or to abandon earnings on the bounty.

I do not mind if there is a bounty that requires the participants to do KYC, which is the problem here I do not agree if it should send eth on the developer

KYC is the right thing to do. If the campaign asks for kyc, it will be fair to everyone. they fear that there will be people who create multiple accounts to participate in their bounty campaign

I think that the KYC procedure in the campaign bounty must be made mandatory. All serious ICO has long been demanding KYC. I think that in the future the requirements will only get tougher. This will be due to the fact that ICO will be subject to regulation.

well it's very uncomfortable, but what can i do. kyc is used to prevent participants from multiple accounts, but I strongly disagree why participants should send eth? is not that weird? you should be careful with the project because it could be a scam.

In regards to KYC bounty, I agree if it is implemented in every bounty program. Because in addition to anticipate multiple accounts, also prove seriously serious parsitisipan in following the bounty. Better yet if the bounty program implements KYC at the beginning of the participant participates not at the end to get the token.

Participants in the ICO signature campaign must not undergo a KYC review. Such demands from the ICO team are illegal. We are not investors in these ICO projects and therefore can not launder dirty money. Also for us, the US, China and other countries can not survive because we can lose our money because of the risky participation in the ICO for exactly the same reason. Given that a very large percentage of ICO projects are fraudulent, I would not advise sending their confidential data to potential scammers only because they so want. It is better to ask them a question and let them inform you on the basis of which specific document you are requesting this information and what exactly is said there is applicable to this situation.

I think you should stay away from BETEX :). KYC for bounty campaign is really normal but to receive bounty reward you no need to send ETH to anyone although they're develop team members :). Maybe after receive hundreds ETH from bounty participants these guys will run away with that big amount of money and enjoy a millionaire living :)

Yes. There are some campaigns you need to send and pass KYC. There will be no problems and this system has been introduce to minimize the fraudulent.

Recently, a lot of bounty campaigns are asked to undergo a KYC identification - I do this, because I understand this measure saves me from multi-accounts and helps me to make more money. Payments ETH campaigns never did. Anyone who respects the project himself can pay the commission for the transfer himself.

in my opinion for bounty participants do not need to use KYC, it is too troublesome and risky because it relates to identity. It could be that identity is misused. Furthermore if they think KYC is a way to reduce fake accounts it is wrong thinking, lots of technology to filter fake accounts without using KYC.