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Title: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: sebinator on January 22, 2018, 11:58:10 AM More and more bounty campaigns want you to do a KYC and send them all your personal data (id card, driver's license, address, phone number...). Guys, don't easily give your personal data away and risk an identity fraud or identity theft. What is identity fraud? Quote "Identity fraud is the use by one person of another person's personal information, without authorization, to commit a crime or to deceive or defraud that other person or a third person. Most identity fraud is committed in the context of financial advantage, such as accessing a victim's credit card, bank or loan accounts. False or forged identity documents have been used in criminal activity (such as to gain access to security areas) or in dealings with government agencies, such as immigration. Often today, the identities of real persons are used in the preparation of these false documents." It simply means that someone can use your identity to commit crime in any possible way.https://i.imgur.com/JK2bpVd.png What are the consequences of identity fraud? - False applications for loans and credit cards - Fraudulent withdrawals from bank accounts - Fraudulent use of telephone calling cards or online accounts - Obtaining other goods or privileges which the criminal might be denied if he were to use his real name What Can You Do If You've Become a Victim of Identity Theft? - Call the companies where you know the fraud occurred - Place a fraud alert and get your credit reports - Report identity theft to the FTC (IdentityTheft.gov) - file a report with your local police department References: https://en.wikipedia.org/wiki/Identity_fraud https://www.justice.gov/criminal-fraud/identity-theft/identity-theft-and-identity-fraud http://www.experian.co.uk/blogs/consumer-advice/wp-content/uploads/2014/07/costs-of-identity-fraud.jpg Be careful with the personal data you share online. Thank you for the Merit, I appreciate it much. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Dydot on January 22, 2018, 12:08:35 PM Thanks for this info.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: electronicash on January 22, 2018, 12:22:32 PM campaigns do this now? quit that bounty there are more around.
though we all have to giveaway our details when it comes to exchanges asking us documents i was forced to send my driver's license and a selfie to bittrex lately unless i'm wiling to throwaway $42k in my account. i can't promise not to use them but instead i will make used of it now that my account is verified and can withdraw funds. if anything happens like identity thief i have no other suspects but these exchanges. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Webcelerator on January 22, 2018, 12:53:36 PM Requiring us to pass KYC procedure campaign violate the very idea of using cryptocurrency. We must always be anonymous. But here we give our data to unknown persons with our own hands. I believe that the campaigns that require it should leave this forum, and never again appear here. And in general KYC - Know Your Customer. How to treat this bounty participants I can not take into my head.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: BUSTEDCLUB on January 22, 2018, 01:00:02 PM Im not joining any kind of that campaign but i must do KYC procces at some exchanger. And i think is fine its for our own safety to, but yeah they should have that one policy where they gona destroy our personal information that save at their storage after they complete all validity proccess or something like that.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: jakaKak on January 22, 2018, 01:07:07 PM This can be a real problem nowadays and unfortunately its pretty common now for ICOs to demand KYC for all investors. You never know when your data will be used for fraud.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: alexzorgo on January 22, 2018, 01:24:22 PM I think, anyway, all projects will come to this procedure. The KYC procedure will be an integral part of any of investment option in the near future: token sale or reward for bounty campaing. And it will be the requirement of local regulators of any country as regulation of the cryptomarket is in the future inevitable in all countries
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: CryptoTrip on January 22, 2018, 01:25:14 PM On the one hand, you can understand companies that want to exclude scammers from the bounty that use multi-accounts, when the rules are prohibited, but this willn't stop them, now there are already more services that provide such documents, for some money. On the other hand, really, you never know how your data will be used in the future.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Kryptonitka on January 22, 2018, 01:34:45 PM I think that it is wrong to go through the verification procedure of KYC. But the company's bounty has increasingly forced people to pass it. As we must store private keys from our wallets, we must also treat our identification data. Only in the first case will we lose money, and in the second one we will lose our identity. There are so many scams on the Internet !!!
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: tushkanych on January 22, 2018, 01:37:33 PM I think, anyway, all projects will come to this procedure. The KYC procedure will be an integral part of any of investment option in the near future: token sale or reward for bounty campaing. And it will be the requirement of local regulators of any country as regulation of the cryptomarket is in the future inevitable in all countries So why such a campaign is needed? What will you say when one day you will see on the forum topic, which will sell your personal information?Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: thejaytiesto on January 22, 2018, 01:39:14 PM I just said in another thread how incredibly stupid is to take a selfie while holding your ID card and uploading it into the internet. GPG is a think so we don't need to do that anymore. If ICO's cant take cryptographic proof then they shouldn't be on crypto. If they have legal problems they should host their ICO somewhere where GPG ir bitcoin address verification is enough to get involved in the project. Im not giving my dox to crypto scammers. And stay away from exchanges too. You never know where the database will end up once it gets "hacked".
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: newcoin01 on January 22, 2018, 01:44:03 PM Good point. Some campaigns want KYC. I prefer to not give my personal documents to them. Better be careful ;)
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: RickyCardero on January 22, 2018, 03:58:19 PM I hope this theme will be strong!
I have opinion, in ethernet( without social net), if you want, you can stay anonymous. I joined to project, complete some work, all my friends knows about yours project..and i need to compleat KYC with my own documents? No good Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: AgentZero23 on January 22, 2018, 04:10:32 PM This is the reason why I don't invest in ICO's that requires KYC. Because i only have my passport as my valid id and giving them a very sensitive information is very scary. And yes, identity fraud is my biggest concerned.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: 3DBrushes on January 22, 2018, 04:23:21 PM This is the reason why I don't invest in ICO's that requires KYC. Because i only have my passport as my valid id and giving them a very sensitive information is very scary. And yes, identity fraud is my biggest concerned. No, don't limit yourself if ICOs asks for a KYC verification because it's the regulation in most of the countries to avoid money laundering. Look, All big and genuine ICOs require KYC because they don't want to risk themselves by raising millions of dollars.For ICO KYC is okay but for bounty I don't like this system because here they are distributing for participants not for investors. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: cryptonoob312 on January 22, 2018, 04:29:22 PM By the level of technology KYC is stuck in that time when I had to personally go to the bank and cash checks. However, even though there are significant problems with KYC,it plays too large role in the fight against money laundering, terrorism financing and fraudulent transactions.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: allcryptominer on January 22, 2018, 04:35:35 PM If that's hows it going to be I will quit doing bounties. What is the reason behind it?
As we all know many bounties/ICO's are not created by the most trustworthy person's and I'm sure there are people who would sell your info in a blink of an eye for the right amount. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: minldem on January 22, 2018, 04:36:46 PM I am also against this. Not all bounties ask for kyc thankfully and for me this not looks professional for them. Only for few, I can understand this motive. The ones which have long campaign period and good road map and if they are supported by professionals, I can give kyc but I don't trust rest of them.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: elyas772 on January 22, 2018, 04:41:05 PM This is the reason why I don't invest in ICO's that requires KYC. Because i only have my passport as my valid id and giving them a very sensitive information is very scary. And yes, identity fraud is my biggest concerned. No, don't limit yourself if ICOs asks for a KYC verification because it's the regulation in most of the countries to avoid money laundering. Look, All big and genuine ICOs require KYC because they don't want to risk themselves by raising millions of dollars.For ICO KYC is okay but for bounty I don't like this system because here they are distributing for participants not for investors. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: SimplyEverything on January 22, 2018, 04:47:01 PM KYC + Cryptocurrency = Government
Honestly KYC I personally think it's shit... Like crypto is meant to be anonymous and have control. ICO that need KYC may be due to regulations of government. Always keep your identity safe. As you never know what can they do with it. Sell it to data companies? Sell it at darknet? Always check the project you're giving your identity with and read their privacy policy before giving it out as mention above this is a very good informed post. Whatever it is people will try to make money this is one of the way. KYC is shit. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: CryptosapienZA on January 22, 2018, 04:52:05 PM Woow Thank you.. I cant thank you enough for this warning. This week alone i filled in 2 ICO kyc.. You know as I was filing in my details, I was asking myself that blockchain companies shouldnt be doing this. It defeats the purpose why the tech was started. But I continued giving my details... I will never do this again..
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: miyaka26 on January 22, 2018, 05:09:22 PM This can be a real problem nowadays and unfortunately its pretty common now for ICOs to demand KYC for all investors. You never know when your data will be used for fraud. They demand the KYC process for the people who lived in a very strict country for cryptocurrency like the US, if certain ICO requires the said policy for all of their investors disregarding their local country then it is most likely a fraud or scam project, they are killing the very essence of cryptocurrency which is to be anonymous, most of the centralized exchanges require their customer to reveal their identities like my local exchange for bitcoin and virtual local fiat, they need to verify the identity of its user in order to use the cashout function, they are also subjected to KYC policy given that they are officially licensed and permitted by the government to operate and collect the customers data, so the assurance is there. but for an ICO that collects data for no other reasons besides the countries restriction is questionable.Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: DAOfan on January 22, 2018, 05:20:53 PM This is a very good post. I have missed out on 2 major bounties this month because I refuse to do KYC.
If experian can lose the personal info of hundreds of millions of customers, why would I trust an inexperienced group of young programmers? Right now KYC is being used to not pay bounty hunters (I'm looking at you Rentberry!) This scammy practice needs to stop. KYC is to prevent money laundering. Bounty hunters aren't investing anything so they can't be money launderers. KYC shouldn't apply to them. The same with airdrops - no investment - no need for KYC. Chances are your KYC info is worth more than most shitcoin projects. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: frost_wind on January 22, 2018, 05:34:24 PM KYC for bounties rule used by ICOs to not pay bounty hunters . Bounty hunters do not buy/invest , they just receive their token after listing on exchanges , so why they should do kyc ? They'd better make a rule :"KYC for everyone who buy our currency on any exchange". In this case they can leave their shitty tokens to themselves , because no one will buy it using decentralized exchanges :D
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Snaic on January 22, 2018, 06:14:05 PM If that's hows it going to be I will quit doing bounties. What is the reason behind it? Yes, only the identification data begins to demand when the ICO has already ended, the signatory campaign participants have fulfilled their obligations and the payment of generosity is being prepared. That's when the campaign begins to request various identification data that were not previously agreed. And this is the whole problem. Throwing this campaign already means simply abandoning the money earned. In this situation, most likely, the campaign strives not to weed out persons with multi-accounts, but simply to reduce the number of persons claiming a reward. This, it turns out, is a kind of fraud on the part of the ICO campaign.As we all know many bounties/ICO's are not created by the most trustworthy person's and I'm sure there are people who would sell your info in a blink of an eye for the right amount. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Meraki on January 22, 2018, 06:25:03 PM Requiring us to pass KYC procedure campaign violate the very idea of using cryptocurrency. KYC is a big no no for cryptocurrency because as we all know there are plenty of hackers here in cryptocurrency thus being anonymous is one of our safety rights. There are quite bounties that requires to answer an KYC form before letting them get their coins it is really dangerous for us to give our identity to the people we dont know im hoping mods and admin here in BCT will auto ban bounties that requires KYC. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: cryptonx on January 22, 2018, 06:26:12 PM KYC is for somekind of centralised system,
so, in crypto everything is decentralised and focus on privacy right ? with KYC, this means there is no privacy anymore Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: kramchers on January 22, 2018, 06:35:42 PM Thanks for the wonderful information, it's been few ICO that is requiring KYC "KNOW YOUR CUSTOMER" on their investors.
And then now even on their bounty program they are asking KYC for the participants, I have doubt on the purpose on this and what are they trying to get with this, but of course at first I am really thinking of identity theft, as it is a valuable information and people are not just from one country but for more than 10 countries and this information really worth as they are getting passport or government-issued IDs. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: sebinator on January 22, 2018, 07:59:59 PM Nobody should make negative experience with crypto, so I decided to make this thread. Thank you all for the positive feedback. I really appreciate it. Stay safe, guys!
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: munareal on January 22, 2018, 08:17:36 PM This development is really an issue for bounty hunters. The bounty managers do not tell participant before they start campaigning . KYC is made mandatory at the end of the campaign when you are waiting for your reward.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Tylev on January 22, 2018, 08:21:17 PM Requiring us to pass KYC procedure campaign violate the very idea of using cryptocurrency. We must always be anonymous. But here we give our data to unknown persons with our own hands. I believe that the campaigns that require it should leave this forum, and never again appear here. And in general KYC - Know Your Customer. How to treat this bounty participants I can not take into my head. I support this statement and not only because we on this site should remain anonymous. Pass the requirement for additional verification and provision of additional information, as a rule. begins after the completion of the ICO, when it is already a matter of paying out the signatures of the tokens produced during the campaign. If the purpose of this event was to filter out persons with several accounts from the campaign, then such an event would be made either at the beginning of the campaign or during it. At its end, it already clearly resembles an event to reduce the candidates for a well-deserved reward, that is, in fact it is fraud.Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: sebinator on January 22, 2018, 09:43:29 PM This development is really an issue for bounty hunters. The bounty managers do not tell participant before they start campaigning . KYC is made mandatory at the end of the campaign when you are waiting for your reward. Exactly. This is my biggest concern, why don't they tell us that they are going to run KYC? I simply can't handle my personal data to completely new companies. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Valentina Ambassador on January 22, 2018, 10:09:36 PM Hello all! I think after time it will be necessary and quit usual procedure. Yes we can have some likes and dislikes but if remain 1 up 10 projects without the KYC how we can ignore 90% of ICOS where KYC is necessary must be passed? Have you any ideas about how resolve such kind of problems? I also don't believe in fairy tales about anonymous its bulls***t. Can tell me somebody some thought how we can avoid this system? I don't know how much Edwards Snowdens we have over here? He against the system and what with him now? I don't believe to nobody who tell me about anonymous systems. I am sure if somebody want to get your private information they will find all information about your great great great grandmother and great great-grandchild.)
But thank you for your message. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: PetrovichCoinMaster on January 22, 2018, 10:10:21 PM I believe that the company needs to inform about the necessary identity verification, before the start of the ICO or the bounty campaign. Many do it at the end, putting a person in an uncomfortable position.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: arakosta on January 22, 2018, 10:12:02 PM I have taken part in many boutines but none of them asked for any personal info. Any bounty that asks for name or birthdate raises an immediate redflag for me and it should be the same for you guys.
Don't give away your personal data! Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: ronatrip on January 22, 2018, 10:14:49 PM I already met the second bounty campaign, which requires KYC from me. It really annoys me. I do not understand why they did this. As a bounty hunter, I do not invest any money. Why must I go through it? KYC is appropriate for investors, especially for large ones.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Golstrim on January 22, 2018, 10:20:51 PM Guys, crypto is a decentralized staff, but making people pass Kyc, we destruct all the principles of crypto. So what for do you need this? Well, for large investments it can be used as anti-money-laundaring measure(but also it is against all crypto community), nevertheless can you avoid Kyc for small investors?
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: gandhe83 on January 22, 2018, 10:21:34 PM Asking KYC for a bounty campaign is quite harsh for bounty hunters because they have not invested in the project. But I think that in the long runs perhaps the ICO sale and even bounty campaign will require KYC because this proves your identity to avoid too many registrations causing rioting should happen. KYC thinks that a good form should be applied in the cryptocurrency market to limit fraud.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: SHAWN-MIDWAYS on January 22, 2018, 10:33:58 PM Some really helpful information and I noticed some campaigns are now making this as a basic requirement to claim bounties but with this caution maybe avoiding such campaigns should be enough to avoid being a victim
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Icoservices2018 on January 22, 2018, 10:40:04 PM Thanks for the thread, it has a lot of usefull information. By the other hand, around a 90% of the new ICOs are asking for the KYC form as a requirement. Cheers
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Youghoor on January 22, 2018, 10:41:14 PM I am also against this. Not all bounties ask for kyc thankfully and for me this not looks professional for them. Only for few, I can understand this motive. The ones which have long campaign period and good road map and if they are supported by professionals, I can give kyc but I don't trust rest of them. At least, look at the positive thing of all this shit. There are going to be less shit posters in here! What a good notice! I am glad, ONLY because there are going to be less people trying to hunt as much bitcoin as they can from all those bounties. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Babyjamz3026 on January 22, 2018, 11:02:16 PM This is true. but its being implemented now little by little in the other ico project, where they require the investors who will partake the ico to fill up the kyc form together with the bounty hunters too if I am not mistaken.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Saichoukyushin on January 22, 2018, 11:12:01 PM Great informative information that will help most of the legit investors. I am thinking about that and its true that they may use our identity to make some frauds. Then if one person can't stop investing in an IcO he needs a full review or invest only in a sure cryptocurrency that he think is not a fraud company or scam. As much as possible i like what you said don't invest in kyc IcO.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: kolesozw on January 22, 2018, 11:14:28 PM I'm avoiding any ICO or Bounty what are required KYC.
The whole idea of cryptos is to stay away from this sh*t KYC. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: CisColtz on January 22, 2018, 11:14:41 PM I think most of the ICO's will just ask for something normal from the bounty hunters like a registration or something similar because is no point to have the risk to loose all the promo for a full verification. I'm agree with the fact that KYC is good for ICO's but for bounties will just kill their promotion.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: CryptoBeefy on January 22, 2018, 11:16:06 PM Interesting post and definitely something to be extra cautious of, personally I'd never do KYC for a bounty, I understand some ICO's for government requirements but bounties, no thanks!
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: elisabetheva on January 22, 2018, 11:20:26 PM happy to receive information like this, I also include those who do not like the KYC, because I have the principle that identity is a very secret thing, and not all must and can know the identity of someone else especially with goals that we will not know in the future. let alone every country impose different things. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: kemet jr on January 22, 2018, 11:22:29 PM Would this mean that we exclude ourselves with good projects that requires KYC? How do we ensure that valid data submitted to KYC is less likely to be used for identity theft? I just did join and have submitted myself for KYC in one good ICO. I just hope for the best that nothing that I fear will come my way. But anyhow, thanks for the post and the concern.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: yohananaomi on January 23, 2018, 04:28:37 AM I think, anyway, all projects will come to this procedure. The KYC procedure will be an integral part of any of investment option in the near future: token sale or reward for bounty campaing. And it will be the requirement of local regulators of any country as regulation of the cryptomarket is in the future inevitable in all countries Whether KYC is sure to make the main procedure for all projects, I see it is not that easy, because someone's identity is necessary to keep it secret, because who can guarantee there will be abuse with that person's identity let alone involve some countries. sure sure many will also refuse to it. waiting for a moment about this. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Kryten12 on January 23, 2018, 04:44:12 AM The regulations put in place both on and by companies in the crypto space are now becoming very strict. It think this has alot to do with the fact that they are now real products behind the companies and not just a token. I have seen instances where people are using multiple accounts to get an unfair share of bouty campaigns so I guess thsi would put a stop to that also which is no bad thing.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: UZIzzzz on January 23, 2018, 05:04:53 AM If KYC is needed, what is the anonymity?
I think this is shit. I won't participate in any of the KYC bounty sports. Some fraudulent ICO teams even sell our personal KYC materials, even for crimes. :( Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: martincic on January 23, 2018, 05:06:17 AM how can I know whether it is scam or not? they maybe disguised quite well! >:(
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: UZIzzzz on January 23, 2018, 05:06:34 AM Would this mean that we exclude ourselves with good projects that requires KYC? How do we ensure that valid data submitted to KYC is less likely to be used for identity theft? I just did join and have submitted myself for KYC in one good ICO. I just hope for the best that nothing that I fear will come my way. But anyhow, thanks for the post and the concern. Why isn't it stolen? I have participated in a crowdfunding of ICO before, and need KYC verification.But then I saw the team selling all the KYC materials that I got, which made me angry, but I couldn't do antthing. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Ilegendph on January 23, 2018, 05:28:33 AM This is the reason why I don't invest in ICO's that requires KYC. Because i only have my passport as my valid id and giving them a very sensitive information is very scary. And yes, identity fraud is my biggest concerned. No, don't limit yourself if ICOs asks for a KYC verification because it's the regulation in most of the countries to avoid money laundering. Look, All big and genuine ICOs require KYC because they don't want to risk themselves by raising millions of dollars.For ICO KYC is okay but for bounty I don't like this system because here they are distributing for participants not for investors. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Spaffin on January 23, 2018, 05:40:16 AM Now there is generally a bad tendency when the companies leading the ICO start demanding the obligatory joining of their telegrams to the group, registering there, and after the ICO they demand the signatures, their tokens earned during the campaign. This happens deliberately with various obstacles, the faces of these campaigns do not respond to requests, and as a result, earned tokens are not paid. This is a kind of fraud.
Approximately the same situation is with the requirement for additional data, including identification data, when the ICO is already completed, under the cover of the need to screen out individuals with multiple accounts. Since this event is held at the end of the ICO, again, this is done in order to prevent the more participants from paying the tokens they earned. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: JohnMacZeppelin on January 23, 2018, 05:50:29 AM This is also the point that the various projects that KYC is requesting may not be right, so no one guarantees the participants in the KYC procedure that their data will not be sold to various commercial companies. It's quite a serious operation and procedures.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Sponsoredby15 on January 23, 2018, 05:56:25 AM More and more bounty campaigns want you to do a KYC and send them all your personal data (id card, driver's license, address, phone number...). Guys, don't easily give your personal data away and risk an identity fraud or identity theft. What is identity fraud? Quote "Identity fraud is the use by one person of another person's personal information, without authorization, to commit a crime or to deceive or defraud that other person or a third person. Most identity fraud is committed in the context of financial advantage, such as accessing a victim's credit card, bank or loan accounts. False or forged identity documents have been used in criminal activity (such as to gain access to security areas) or in dealings with government agencies, such as immigration. Often today, the identities of real persons are used in the preparation of these false documents." It simply means that someone can use your identity to commit crime in any possible way.https://i.imgur.com/JK2bpVd.png What are the consequences of identity fraud? - False applications for loans and credit cards - Fraudulent withdrawals from bank accounts - Fraudulent use of telephone calling cards or online accounts - Obtaining other goods or privileges which the criminal might be denied if he were to use his real name What Can You Do If You've Become a Victim of Identity Theft? - Call the companies where you know the fraud occurred - Place a fraud alert and get your credit reports - Report identity theft to the FTC (IdentityTheft.gov) - file a report with your local police department References: https://en.wikipedia.org/wiki/Identity_fraud https://www.justice.gov/criminal-fraud/identity-theft/identity-theft-and-identity-fraud http://www.experian.co.uk/blogs/consumer-advice/wp-content/uploads/2014/07/costs-of-identity-fraud.jpg Be careful with the personal data you share online. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: bluehodl on January 23, 2018, 06:03:37 AM Okay, another cryptocurrency project against the ideology of cryprocurrency.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: zenrol28 on January 23, 2018, 06:05:50 AM We are hunters and they are the customers. KYC is not needed. This could be a problem. They might hold the rewards and will require to take KYC procedure. This will be very unfair. Bounty hunters should be exempted with this KYC. Only if you really want to support the project then that's the time to take the KYC.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Dewao on January 23, 2018, 06:11:09 AM This is also the point that the various projects that KYC is requesting may not be right, so no one guarantees the participants in the KYC procedure that their data will not be sold to various commercial companies. It's quite a serious operation and procedures. Giving your real identity is a really serious thing, we have our wallet address and as far as i know that is enough way to give our token to the bounty we join, we don't need to give our identity because this can use in a bad way. We need to be careful in our real identity . Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: shinratensei_ on January 23, 2018, 06:40:33 AM If that's hows it going to be I will quit doing bounties. What is the reason behind it? I think that the developer will have said that about to avoid fraudulent activity in the ico. But this is totally wrong at all. Look at some project that has been turned into the fuckin scam project. As we all know many bounties/ICO's are not created by the most trustworthy person's and I'm sure there are people who would sell your info in a blink of an eye for the right amount. Uahpay was a scam project that had applied kyc verification to the investors and then the project turns into the scam project and developers are selling investors data to the web. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: crimsongoth on January 23, 2018, 09:48:44 AM Nowadays, internet environment is well wrapped by the fraudulent. Everyone should be very careful about this matter. Thank you for the info.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: veliq on January 23, 2018, 10:00:09 AM This development is indeed a problem for bounty hunters. Bounty managers do not inform the participants before they start the campaign. KYC becomes mandatory at the end of the campaign, when you are waiting for your reward.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: jacafbiz on January 23, 2018, 11:43:31 AM I think there is need to strike a balance in this regard, It was said that some bounties are not allowing some citizens of some countries to participate in their campaigns just because of regulations, I still don't know the solution to this but giving out ones personal data need to be at minimal
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: jouns on January 23, 2018, 11:56:36 AM I've already given up on the many projects reward that I promoted on social networks as a bounty hunter when they asked me to go through the KYC registration, I think it's very dangerous and I try not to participate in such projects anymore.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: tiggytomb on January 23, 2018, 12:02:22 PM Great post and the timing is perfect for this information to be spread, I have seen a few and a few ICOs asking for information to conduct a KYC, people need to be extremely careful when handing this information over especially to bounty campaigns and ICOs for the reasons that are outlined.
The exchanges such as Coinbase etc are a bit more credible when providing your information, just be careful. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: AiwaDima on January 23, 2018, 12:05:34 PM This is how the problem is now very urgent, since people who thus steal your data will not bear any responsibility, so first think or throw your data online.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Djabba on January 23, 2018, 12:10:12 PM If before KYC was only ICO then now everywhere they try to give it to fill. Personally, I dont like this situation and do not want to send my data to different people. It's one thing when it is known in advance that this is to be done, But here everything becomes known only at the end
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: S-Coupe on January 23, 2018, 12:35:01 PM It should be mandatory for every ico / bounty to tell you in advance if KYC is needed.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: investeerder on January 23, 2018, 12:37:46 PM It should be mandatory for every ico / bounty to tell you in advance if KYC is needed. And what if scam campaigns are requiring the KYC? Do you think people will be safe for that if KYC will be strictly be done by all of the campaign, KYC is been discouraged to be use in bounty not unless if the coin project show some transparency and make sure 100% that the collected identity will be safe or burn after they finish to audit the people who participate nor invested on their project. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: onionpealer on January 23, 2018, 12:42:30 PM I was hoping one day to make it to 'Member' to be able to participate in bounties but this news may just knock that in the head.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: abdmuiz on January 23, 2018, 12:56:27 PM This is very useful thanks.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Zandra on January 23, 2018, 01:00:54 PM This is scare problem, our identity will can be committed on a crime.
There are many people give here the identity information like an airdrop and exchange site. This is a serious topic, be careful to give our personal information. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: sensimilia on January 23, 2018, 01:04:45 PM The fact that some people are even entertaining this is ridiculous. Oh well if you're dumb enough to give out your private info to people on bitcointalk then so be it ::)
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Murloc on January 23, 2018, 01:08:40 PM - file a report with your local police department It is not necessary to call the police if you've been a victim of this kind of fraud. Most problems will be easily resolved without the police. For example if someone has been using your card you can just contact your bank and you will get your money back (they will either make a chargeback or will have to pay you from their own money). Everything aboun checking your real identity is a problem of a service provider and you should never take any expences on it. Ofcourse you should check the background of the bounties you are working on but do not take it too serious.Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: zenman0 on January 23, 2018, 01:17:18 PM - file a report with your local police department It is not necessary to call the police if you've been a victim of this kind of fraud. Most problems will be easily resolved without the police. For example if someone has been using your card you can just contact your bank and you will get your money back (they will either make a chargeback or will have to pay you from their own money). Everything aboun checking your real identity is a problem of a service provider and you should never take any expences on it. Ofcourse you should check the background of the bounties you are working on but do not take it too serious.Why not? I mean you don't loose money, it's free. I would feel way more secure if the police knows that somebody could have commit a crime in my name. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Cryptokingind on January 23, 2018, 05:47:08 PM It is not good from bounty managers to ask for KYC because we are in crypto due to anonymous and if we share our documents where is anonymity. we are only promoting them and not put any money then why KYC required.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: RDNX on January 23, 2018, 05:54:34 PM Honestly, i hate when some ICO or airdop event required KYC things.
Recently, POLYMATH NETWORK also forced their member to do KYC before join the airdrop. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: william8829 on January 23, 2018, 06:38:58 PM More and more bounty campaigns want you to do a KYC and send them all your personal data (id card, driver's license, address, phone number...). I have started a few bounties and after a few weeks participation they announce there will be a KYC. It's really disappointing when this happens and there is no recourse. What can you do? You have just helped promote a ICO and without warning they add this big or even insurmountable hurdle if you are from a blacklisted country. If you ask them they will say, "well we did stipulate we can change the rules whenever we want. By participating you tacitly agreed to are terms." Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: rachman mahesa on January 23, 2018, 06:59:56 PM It is unfortunate to participate in bounty using KYC, because not everyone here has KYC. Moreover I personally. I do not have a KYC but if a bounty campaign should use KYC it will be very unfortunately I can not participate for the project.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Nowherman on January 24, 2018, 07:33:41 AM In the near future, all bountiy campaigns will require confirmation of identity.
This will undoubtedly be done under the influence of financial regulators and official authorities. And it really will be dangerous to participate in low-grade bounties, which can prove to be fraudulent projects with the sole purpose of obtaining our passport data. Thanks for the warning. We will be vigilant. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: KXC247 on January 24, 2018, 07:43:19 AM Thanks for this info
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: lutcor on January 24, 2018, 07:46:42 AM All the same, let's hope that sooner or later laws will be issued that will be given to the head by those who write these laws and who accepts them, why should I merge my data into the network, I'm not going to do this. No one guarantees you the accuracy of your data.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Mihaylovic on January 24, 2018, 07:52:22 AM Actually kyc requests are good to avoid from spammers. There are so many people joining with multiple accounts. But on the other hand, decentralized systems are known as providing anonymous processes and giving kyc makes you totally nonanonymous.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: mitchr4 on January 24, 2018, 07:55:58 AM This is very usefull so that people not cheating using more than one account on any bounties. But if think again many people who do not want their identity known by others. Though I totally disagree with using KYC for bounties because privacy is the main thing for me.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: qiwoman2 on January 24, 2018, 07:59:43 AM I totally understand why this is happening and while everyone is worried about identity theft, we need to up the point that the bounty campaigns are rampant with thieves and cheaters creating multiple accounts and doing multiple blog post duplication as well to steal other people's fair share of the earnings. I am sick of seeing so many cheaters stealing the bread from us honest folks who work hard to earn our fair share. So to be honest, I don't blame some bounty campaigns for implementing this because of those stupid and greedy cheaters. Maybe full KYC is a bit much, but some kind of identity thing should be introduced that is not too privacy invasive.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: vv181 on January 24, 2018, 08:44:18 AM That people would be sane if they give away their personal identification data just for a few dollars bounties. They exchange their valuable data only for a few bucks. People really need to think their personal data is important.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: shinratensei_ on January 24, 2018, 11:31:29 PM Honestly, i hate when some ICO or airdop event required KYC things. Ico is a bit make sense rather than airdrop. How these people must complete KYC verification just to earn shitcoin. It doesn't make sense at all. The problem is they don't know what they are playing right now. Recently, POLYMATH NETWORK also forced their member to do KYC before join the airdrop. Due to the regulation. Honestly, those icos are trying to prevent investors from US, CH, Singapore and another country that already released ban announcement for ico. But they are forcing all of the investors to complete KYC verification due to avoid investors from those countries are banning ico right now. They think if that's the only way. Majority of people from US, or even China are still using VPN to avoid IP ban for those countries. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: MaltMilchek on January 26, 2018, 10:42:43 PM I'm tentative about giving exchanges all my info, let alone something like a bounty program or airdrop!
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: ilovefeetsmell on January 26, 2018, 10:49:08 PM Requiring us to pass KYC procedure campaign violate the very idea of using cryptocurrency. We must always be anonymous. But here we give our data to unknown persons with our own hands. I believe that the campaigns that require it should leave this forum, and never again appear here. And in general KYC - Know Your Customer. How to treat this bounty participants I can not take into my head. I totally agree with you. Why we need to complete the KYC process? What is their purposes collecting our information? It is totally confusing in my part. I want to be an investor but I can't make it because of KYC process. KYC process need your personal information like passport, certification to your country. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: turneps on January 27, 2018, 04:33:13 PM I totally understand why this is happening and while everyone is worried about identity theft, we need to up the point that the bounty campaigns are rampant with thieves and cheaters creating multiple accounts and doing multiple blog post duplication as well to steal other people's fair share of the earnings. I am sick of seeing so many cheaters stealing the bread from us honest folks who work hard to earn our fair share. So to be honest, I don't blame some bounty campaigns for implementing this because of those stupid and greedy cheaters. Maybe full KYC is a bit much, but some kind of identity thing should be introduced that is not too privacy invasive. I thought that KYC was introduced to regulate the actions of ICO project in accordance with the law of the country. Cheaters with multi-accounts are not their original goal. Governments of the United States, China, Singapore and other countries prohibit their citizens from participating in ICO companies. Therefore, they began to demand KYC to exclude their participationTitle: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: mrspumpkin on January 27, 2018, 09:43:17 PM I totally understand why this is happening and while everyone is worried about identity theft, we need to up the point that the bounty campaigns are rampant with thieves and cheaters creating multiple accounts and doing multiple blog post duplication as well to steal other people's fair share of the earnings. I am sick of seeing so many cheaters stealing the bread from us honest folks who work hard to earn our fair share. So to be honest, I don't blame some bounty campaigns for implementing this because of those stupid and greedy cheaters. Maybe full KYC is a bit much, but some kind of identity thing should be introduced that is not too privacy invasive. I thought that KYC was introduced to regulate the actions of ICO project in accordance with the law of the country. Cheaters with multi-accounts are not their original goal. Governments of the United States, China, Singapore and other countries prohibit their citizens from participating in ICO companies. Therefore, they began to demand KYC to exclude their participationTitle: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: BackBachvsUp on January 29, 2018, 02:13:21 AM I'm avoiding any ICO or Bounty what are required KYC. The whole idea of cryptos is to stay away from this sh*t KYC. Amen. The hell with that kyc crap. I even stay away from any exchanger that asks for my identity. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: phudinh on January 29, 2018, 02:33:00 AM totally agree.
There is no reason for us to sell our private information just for a slide of cake. Those campaigns that require KYC is so ridiculous Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: auliahr on January 29, 2018, 02:43:04 AM This is what I am afraid of providing personal data in terms of bounty campaign. I honestly avoid and do not want to participate in a campaign that has a kyc, but the requirements of the kyc are often added in the middle or end of the campaign and the campaign participants must surrender to meet those requirements.
I have experience about this, 5 years ago when I signed up and played in gambling sites. I gave the phone number to verify the account, but after 4 years I never played in the site, I still get these messages and messages precisely from other gambling sites. Until now I always receive 3-5 messages per day about gambling promo from different sites. It is obviously very disturbing comfort and privacy. From this experience I really avoid any thing related to kyc. Differences of opinion pros and cons always happen, all have advantages and disadvantages. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: timet678 on January 29, 2018, 03:07:26 AM Fantastic post. Taking this stuff into account is really important. When I was doing Bounties a few month ago all they really wanted was your email and address, so it's frankly pretty scary to me that some are asking for all kinds of stuff now.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Prodigan786 on January 29, 2018, 03:39:18 AM Great thanks for info i have submitted my identity for some bounties without thinking twice now this post made me to think several times . It is the most useful thread I have found in bitcointalk in recent time.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: 8count on January 29, 2018, 03:43:28 AM Yes it's crazy that some (a small amount) of bounty campaigns require KYC. Myself, I just skip on by them as their is plenty of others to choose from out there. It's bad enough having to supply it to some exchanges.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: tobatz23 on January 29, 2018, 03:44:55 AM For me, I think its much better that KYC should be for all investors only not for bounty hunters..
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: kingcoiner001 on January 29, 2018, 03:50:06 AM thankyou for this info
More and more bounty campaigns want you to do a KYC and send them all your personal data (id card, driver's license, address, phone number...). Guys, don't easily give your personal data away and risk an identity fraud or identity theft. What is identity fraud? Quote "Identity fraud is the use by one person of another person's personal information, without authorization, to commit a crime or to deceive or defraud that other person or a third person. Most identity fraud is committed in the context of financial advantage, such as accessing a victim's credit card, bank or loan accounts. False or forged identity documents have been used in criminal activity (such as to gain access to security areas) or in dealings with government agencies, such as immigration. Often today, the identities of real persons are used in the preparation of these false documents." It simply means that someone can use your identity to commit crime in any possible way.https://i.imgur.com/JK2bpVd.png What are the consequences of identity fraud? - False applications for loans and credit cards - Fraudulent withdrawals from bank accounts - Fraudulent use of telephone calling cards or online accounts - Obtaining other goods or privileges which the criminal might be denied if he were to use his real name What Can You Do If You've Become a Victim of Identity Theft? - Call the companies where you know the fraud occurred - Place a fraud alert and get your credit reports - Report identity theft to the FTC (IdentityTheft.gov) - file a report with your local police department References: https://en.wikipedia.org/wiki/Identity_fraud https://www.justice.gov/criminal-fraud/identity-theft/identity-theft-and-identity-fraud http://www.experian.co.uk/blogs/consumer-advice/wp-content/uploads/2014/07/costs-of-identity-fraud.jpg Be careful with the personal data you share online. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Acguy on January 29, 2018, 03:52:40 AM KYC is good but bounties should really specify if they need it not before hand.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: CoinMaker7 on January 29, 2018, 03:55:01 AM thanks for the heads up
More and more bounty campaigns want you to do a KYC and send them all your personal data (id card, driver's license, address, phone number...). Guys, don't easily give your personal data away and risk an identity fraud or identity theft. What is identity fraud? Quote "Identity fraud is the use by one person of another person's personal information, without authorization, to commit a crime or to deceive or defraud that other person or a third person. Most identity fraud is committed in the context of financial advantage, such as accessing a victim's credit card, bank or loan accounts. False or forged identity documents have been used in criminal activity (such as to gain access to security areas) or in dealings with government agencies, such as immigration. Often today, the identities of real persons are used in the preparation of these false documents." It simply means that someone can use your identity to commit crime in any possible way.https://i.imgur.com/JK2bpVd.png What are the consequences of identity fraud? - False applications for loans and credit cards - Fraudulent withdrawals from bank accounts - Fraudulent use of telephone calling cards or online accounts - Obtaining other goods or privileges which the criminal might be denied if he were to use his real name What Can You Do If You've Become a Victim of Identity Theft? - Call the companies where you know the fraud occurred - Place a fraud alert and get your credit reports - Report identity theft to the FTC (IdentityTheft.gov) - file a report with your local police department References: https://en.wikipedia.org/wiki/Identity_fraud https://www.justice.gov/criminal-fraud/identity-theft/identity-theft-and-identity-fraud http://www.experian.co.uk/blogs/consumer-advice/wp-content/uploads/2014/07/costs-of-identity-fraud.jpg Be careful with the personal data you share online. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Angelia46 on January 29, 2018, 04:13:20 AM Although KYC can prevent multiple account user participants to a certain extent.
However, these reward managers and the ICO team cannot guarantee the safety of our KYC data, so it is dangerous for me to submit the information. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: bountyjunkie on January 29, 2018, 04:32:29 AM second that. dont share kyc for bounties as you are not token buyer.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: coin0101 on January 29, 2018, 04:38:59 AM great info thanks for sharing this
More and more bounty campaigns want you to do a KYC and send them all your personal data (id card, driver's license, address, phone number...). Guys, don't easily give your personal data away and risk an identity fraud or identity theft. What is identity fraud? Quote "Identity fraud is the use by one person of another person's personal information, without authorization, to commit a crime or to deceive or defraud that other person or a third person. Most identity fraud is committed in the context of financial advantage, such as accessing a victim's credit card, bank or loan accounts. False or forged identity documents have been used in criminal activity (such as to gain access to security areas) or in dealings with government agencies, such as immigration. Often today, the identities of real persons are used in the preparation of these false documents." It simply means that someone can use your identity to commit crime in any possible way.https://i.imgur.com/JK2bpVd.png What are the consequences of identity fraud? - False applications for loans and credit cards - Fraudulent withdrawals from bank accounts - Fraudulent use of telephone calling cards or online accounts - Obtaining other goods or privileges which the criminal might be denied if he were to use his real name What Can You Do If You've Become a Victim of Identity Theft? - Call the companies where you know the fraud occurred - Place a fraud alert and get your credit reports - Report identity theft to the FTC (IdentityTheft.gov) - file a report with your local police department References: https://en.wikipedia.org/wiki/Identity_fraud https://www.justice.gov/criminal-fraud/identity-theft/identity-theft-and-identity-fraud http://www.experian.co.uk/blogs/consumer-advice/wp-content/uploads/2014/07/costs-of-identity-fraud.jpg Be careful with the personal data you share online. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: peleng on January 31, 2018, 06:53:30 PM Yes, the question of personal data is very serious. If the project requires the passage of KYC to receive a reward for participating in the campaign bounty, then this can already cause alertness. Providing scans of documents in order to get their pennies is an unreasonable risk.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: sebinator on February 01, 2018, 11:27:33 AM Thanks for the +Merit.
More people need to know about this risk as many of them still are giving away their IDs for airdrops or Telegram bounties. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: kakawin on February 01, 2018, 06:06:38 PM Thanks for the +Merit. In my country it often happens that intruders on the basis of scanned copies of passports receive a loan. As a result, the owner of documents suffers, he either pays out a loan or conducts a lawsuit for his rightness. I believe that the provision of a driver's license for KYC is acceptable, it is dangerous to provide a passport. More people need to know about this risk as many of them still are giving away their IDs for airdrops or Telegram bounties. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: sourish on February 01, 2018, 09:17:04 PM Creating an awareness by putting things out there in black and white, has really brought home the risks involved in blindly joining campaigns and bounties, trusting them with all or any personal information. Identity theft cheats one on many levels, financial, psychological, personal and emotional. Awareness and caution can avoid unnecessary trauma, and i think most everyone reading thanks you for the same.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: sebinator on February 01, 2018, 11:24:45 PM Thanks for the +Merit. In my country it often happens that intruders on the basis of scanned copies of passports receive a loan. As a result, the owner of documents suffers, he either pays out a loan or conducts a lawsuit for his rightness. I believe that the provision of a driver's license for KYC is acceptable, it is dangerous to provide a passport. More people need to know about this risk as many of them still are giving away their IDs for airdrops or Telegram bounties. This issue is given in many other countries. Even uploading your driver's license is dangerous as it is accepted as identity verification for many governmental and private institutions. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: pergola on February 10, 2018, 06:48:05 PM Thanks for the +Merit. In my country it often happens that intruders on the basis of scanned copies of passports receive a loan. As a result, the owner of documents suffers, he either pays out a loan or conducts a lawsuit for his rightness. I believe that the provision of a driver's license for KYC is acceptable, it is dangerous to provide a passport. More people need to know about this risk as many of them still are giving away their IDs for airdrops or Telegram bounties. This issue is given in many other countries. Even uploading your driver's license is dangerous as it is accepted as identity verification for many governmental and private institutions. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: imsotiredofmoviereboots on February 11, 2018, 08:18:44 AM Even if the reward is very tempting, I will not give my documents that easy. People should keep in their mind that their personal information is a precious as their life so don't ever let anyone have it especially in this cryptocurrency world.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: newcoin01 on February 11, 2018, 08:35:36 AM Thanks for the +Merit. In my country it often happens that intruders on the basis of scanned copies of passports receive a loan. As a result, the owner of documents suffers, he either pays out a loan or conducts a lawsuit for his rightness. I believe that the provision of a driver's license for KYC is acceptable, it is dangerous to provide a passport. More people need to know about this risk as many of them still are giving away their IDs for airdrops or Telegram bounties. This issue is given in many other countries. Even uploading your driver's license is dangerous as it is accepted as identity verification for many governmental and private institutions. I don't think just diver license is that important, at least in my country. But when you send everyihng wit selfie that means something. Even investors should be careful about it. I wouldn't do that for just some bounty. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: blue08 on February 11, 2018, 08:37:52 AM For Airdrop, giving your valid identification details is scary. For bounty, if the project is legit and the developer are well known and respectable individual in other businesses, then I think it is safe.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: svojoe on February 11, 2018, 08:48:56 AM To be honest I don't understand why do bounty campaigns require KYC for participants. I know that ICO projects may be asked by regulators to provide information about contributors, but not bounty members. Frankly I hate situations when a bounty campaign recuires to get through KYC after the work is already done.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: mrPix on February 11, 2018, 09:50:08 AM KYC + Cryptocurrency = Government Honestly KYC I personally think it's shit... Like crypto is meant to be anonymous and have control. ICO that need KYC may be due to regulations of government. Always keep your identity safe. As you never know what can they do with it. Sell it to data companies? Sell it at darknet? Always check the project you're giving your identity with and read their privacy policy before giving it out as mention above this is a very good informed post. Whatever it is people will try to make money this is one of the way. KYC is shit. The first identity is a hundred percent true! I still hope that anonymous currencies will progress day by day. Crypto is about lack of freedom, though money hunters of'course are)) Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: sebinator on February 15, 2018, 11:36:18 AM There are still bounty campaigns which require you to do a KYC. And if there are scams even in ICOs, there will also be scams in bounty campaigns. Even if the project looks promising, there should be a passage in the "general conditions/terms" that they are gonna remove your data after verification. But those bounty campaigns appear to be quite scarce.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: owlman on February 15, 2018, 12:41:22 PM Thanks for the helpful information, but as you well know, almost all ICO projects require KYC to pass through when investing in it. What now, do not invest anywhere?
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: jakiro.hovard on February 15, 2018, 12:43:51 PM Yes! I said for a long time that you should not share your data on the network, because it's very dangerous, then no money and tokens will be able to help you if you suddenly get into any kind of trouble due to the fact that you have merged your data into the network
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: haidangtp on February 15, 2018, 12:49:11 PM I appreciate your comments, but many times we need to adhere to the rules mentioned. And if you want to participate in the bounty campaign, take risk (if any).
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Marty_Mcfly on February 15, 2018, 04:55:38 PM I can understand that KYC is needed for ICO's but there is no reason at all to use it for bounties. The whole idea of KYC is anti-money laundering. With a bounty there is no money invested at all so it becomes redundant.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: IrenNTA on February 15, 2018, 05:37:50 PM I think that two main features about cryptocurrencies that attracted investors were anonymity and decentralization. So if we loose both of them, then we loose the nature of crypto. Upcoming regulations, KYC and other limitations will scare away a big part of crypto audience. I don't like the idea to share my personal data to unknown people, even if it's needed to get some tokens. So I'm not sure how to deal with it, because no one can guarantee the security of my personal information.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: ternyabin on February 16, 2018, 02:02:34 PM I think that two main features about cryptocurrencies that attracted investors were anonymity and decentralization. So if we loose both of them, then we loose the nature of crypto. Upcoming regulations, KYC and other limitations will scare away a big part of crypto audience. I don't like the idea to share my personal data to unknown people, even if it's needed to get some tokens. So I'm not sure how to deal with it, because no one can guarantee the security of my personal information. Yes, I fully support you, I also do not have any desire to provide my personal data and documents to unknown personalities. In addition, my country has a black market of passports and driver's licenses, I do not want my data to be there. :)Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: rbt on February 16, 2018, 03:04:10 PM Is it worth the risk to give your personal data to some new/unknown companies?!? :-\ I thought ICO`s are using this Know Your Customer thing just because there are big amounts involved and because they need to restrict the US and Chinese citizens. But requiring KYC for some $20 bounty tokens seems crazy for me. I understand that they must comply to local regulators, but there will be always some countries where crypto rules won`t be so strict - so I`ll try to involve myself into the projects from those countries.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: ptolimeus on February 21, 2018, 02:22:50 PM Is it worth the risk to give your personal data to some new/unknown companies?!? :-\ I thought ICO`s are using this Know Your Customer thing just because there are big amounts involved and because they need to restrict the US and Chinese citizens. But requiring KYC for some $20 bounty tokens seems crazy for me. I understand that they must comply to local regulators, but there will be always some countries where crypto rules won`t be so strict - so I`ll try to involve myself into the projects from those countries. Yes, there is certainly a risk. Now I'm participating in the bounty campaign of the Beluga Pay project and what should I do if they force me to pass KYC? I have been participating in this project from the very beginning and I will have no choice but to pass KYC. :(Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: KriptoFull on February 21, 2018, 02:25:39 PM I do believe that is the procedure a complete mess!After all, the blockchain was originally conceived as an anonymous network and decentralized!Not only that exchanges require to undergo the procedure of "Know your client", so now in bounty it has become practiced!
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Naman1111 on February 21, 2018, 02:28:30 PM This is a shocker. But a number of projects have started to let u pass KYC in oredr to participate. Moreso there are so many new airdrops. People refrain from participating is such projects. Better to be precautious than to pay for it.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: radokan on February 21, 2018, 02:35:57 PM I still don't understand why KYC is needed for bounty. I mean, KYC is mainly used to prevent money laundry, counter terrorism and similar illegal things but we are talking about posting on bitcoin forum or retwiting few posts. I don't think we need to submit KYC for bounty, if one campaign ask for ID's then something is wrong.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: AUruHM on February 21, 2018, 04:50:27 PM I still don't understand why KYC is needed for bounty. I mean, KYC is mainly used to prevent money laundry, counter terrorism and similar illegal things but we are talking about posting on bitcoin forum or retwiting few posts. I don't think we need to submit KYC for bounty, if one campaign ask for ID's then something is wrong. It's bad that projects change their rules in the process or after bounty campaigns. We took part 1-3 month and after such I personally feel sorry for the time spent. KYC must be in rules from beginning!Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: KriptoFull on February 22, 2018, 05:24:22 AM I still don't understand why KYC is needed for bounty. I mean, KYC is mainly used to prevent money laundry, counter terrorism and similar illegal things but we are talking about posting on bitcoin forum or retwiting few posts. I don't think we need to submit KYC for bounty, if one campaign ask for ID's then something is wrong. It's bad that projects change their rules in the process or after bounty campaigns. We took part 1-3 month and after such I personally feel sorry for the time spent. KYC must be in rules from beginning!Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Lerikaweb on February 22, 2018, 05:29:06 AM Bounty hunters are not of such interest with financial criminals as investors. This is my opinion. Every ICO asks them to go through KYC procedure and who may e er guarantee you that this information will be safe somehow?
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Longfellow27 on February 22, 2018, 05:39:53 AM This makes the whole thing so difficult for the clients or workers not to submit if the company has required it as part of the bounty. Is their really anything to submit as requirements other than this things? Maybe this has to be discussed within the company level and that such assurance that the details will not be used anywhere is something the company has to clear. How about making them pay for leaking out documents and ID's as part of the agreement. Maybe this will help.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: allcryptominer on February 22, 2018, 05:42:35 AM Is it worth the risk to give your personal data to some new/unknown companies?!? :-\ I thought ICO`s are using this Know Your Customer thing just because there are big amounts involved and because they need to restrict the US and Chinese citizens. But requiring KYC for some $20 bounty tokens seems crazy for me. I understand that they must comply to local regulators, but there will be always some countries where crypto rules won`t be so strict - so I`ll try to involve myself into the projects from those countries. Yes, there is certainly a risk. Now I'm participating in the bounty campaign of the Beluga Pay project and what should I do if they force me to pass KYC? I have been participating in this project from the very beginning and I will have no choice but to pass KYC. :(That's the thing. As a bounty hunter you can't just throw away many weeks and even months sometimes of work when they ask for KYC. You have no choice but to provide it or you will lose a lot of money. And even if you ask before you start the bounty they might say no KYC needed but when its time for distribution they suddenly ask for it. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: tulpash on February 26, 2018, 11:08:16 PM Bounty hunters are not of such interest with financial criminals as investors. This is my opinion. Every ICO asks them to go through KYC procedure and who may e er guarantee you that this information will be safe somehow? I also think this is completely dishonest. Perhaps it would be a bit more honest if the bounty hunters received as payment not 2% of the total amount, but for example %10 or even %15. For the sake of such amounts, I am ready to undergo the KYC procedure. 8)Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: drakegon on February 26, 2018, 11:19:04 PM More and more bounty campaigns want you to do a KYC and send them all your personal data (id card, driver's license, address, phone number...). Guys, don't easily give your personal data away and risk an identity fraud or identity theft. What is identity fraud? Quote "Identity fraud is the use by one person of another person's personal information, without authorization, to commit a crime or to deceive or defraud that other person or a third person. Most identity fraud is committed in the context of financial advantage, such as accessing a victim's credit card, bank or loan accounts. False or forged identity documents have been used in criminal activity (such as to gain access to security areas) or in dealings with government agencies, such as immigration. Often today, the identities of real persons are used in the preparation of these false documents." It simply means that someone can use your identity to commit crime in any possible way.https://i.imgur.com/JK2bpVd.png What are the consequences of identity fraud? - False applications for loans and credit cards - Fraudulent withdrawals from bank accounts - Fraudulent use of telephone calling cards or online accounts - Obtaining other goods or privileges which the criminal might be denied if he were to use his real name What Can You Do If You've Become a Victim of Identity Theft? - Call the companies where you know the fraud occurred - Place a fraud alert and get your credit reports - Report identity theft to the FTC (IdentityTheft.gov) - file a report with your local police department References: https://en.wikipedia.org/wiki/Identity_fraud https://www.justice.gov/criminal-fraud/identity-theft/identity-theft-and-identity-fraud http://www.experian.co.uk/blogs/consumer-advice/wp-content/uploads/2014/07/costs-of-identity-fraud.jpg Be careful with the personal data you share online. Thank you for the Merit, I appreciate it much. I agree. If KYC for Bounty Participants become a thing, I am out! Way too many scams are out there and it's really harder and harder to stay away from them. Sooner or later we will all be victims to fraud. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: valnd on February 26, 2018, 11:21:16 PM IMHO bounties doesn't require KYC, I always avoid bounties that ask bounty participate to undergo KYC where most of them will receive less than $100 and highest won't pass $2. So I think it is not necessary for KYC for bounty.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: ptolimeus on February 26, 2018, 11:34:38 PM Is it worth the risk to give your personal data to some new/unknown companies?!? :-\ I thought ICO`s are using this Know Your Customer thing just because there are big amounts involved and because they need to restrict the US and Chinese citizens. But requiring KYC for some $20 bounty tokens seems crazy for me. I understand that they must comply to local regulators, but there will be always some countries where crypto rules won`t be so strict - so I`ll try to involve myself into the projects from those countries. Yes, there is certainly a risk. Now I'm participating in the bounty campaign of the Beluga Pay project and what should I do if they force me to pass KYC? I have been participating in this project from the very beginning and I will have no choice but to pass KYC. :(That's the thing. As a bounty hunter you can't just throw away many weeks and even months sometimes of work when they ask for KYC. You have no choice but to provide it or you will lose a lot of money. And even if you ask before you start the bounty they might say no KYC needed but when its time for distribution they suddenly ask for it. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: tachi641 on February 28, 2018, 07:24:39 AM If it requires only scanned copy of KYC then it should be considered, still, at the time of bounty, we need to register it first so i guess KYC idea is somewhat not needed.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: landysh007 on March 02, 2018, 09:17:37 PM Is it worth the risk to give your personal data to some new/unknown companies?!? :-\ I thought ICO`s are using this Know Your Customer thing just because there are big amounts involved and because they need to restrict the US and Chinese citizens. But requiring KYC for some $20 bounty tokens seems crazy for me. I understand that they must comply to local regulators, but there will be always some countries where crypto rules won`t be so strict - so I`ll try to involve myself into the projects from those countries. Yes, there is certainly a risk. Now I'm participating in the bounty campaign of the Beluga Pay project and what should I do if they force me to pass KYC? I have been participating in this project from the very beginning and I will have no choice but to pass KYC. :(That's the thing. As a bounty hunter you can't just throw away many weeks and even months sometimes of work when they ask for KYC. You have no choice but to provide it or you will lose a lot of money. And even if you ask before you start the bounty they might say no KYC needed but when its time for distribution they suddenly ask for it. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: maxiimallist on March 05, 2018, 04:21:34 PM If it requires only scanned copy of KYC then it should be considered, still, at the time of bounty, we need to register it first so i guess KYC idea is somewhat not needed. Of course KYC is not needed, I do not see the point in this at all. Bounty hunters receive small amounts, there is no question of laundering here. I think it's unfair to demand that the participants of the campaign bounty pass KYC.Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: SearchingforS on March 05, 2018, 04:23:43 PM More and more bounty campaigns want you to do a KYC and send them all your personal data (id card, driver's license, address, phone number...). Guys, don't easily give your personal data away and risk an identity fraud or identity theft. What is identity fraud? Quote "Identity fraud is the use by one person of another person's personal information, without authorization, to commit a crime or to deceive or defraud that other person or a third person. Most identity fraud is committed in the context of financial advantage, such as accessing a victim's credit card, bank or loan accounts. False or forged identity documents have been used in criminal activity (such as to gain access to security areas) or in dealings with government agencies, such as immigration. Often today, the identities of real persons are used in the preparation of these false documents." It simply means that someone can use your identity to commit crime in any possible way.https://i.imgur.com/JK2bpVd.png What are the consequences of identity fraud? - False applications for loans and credit cards - Fraudulent withdrawals from bank accounts - Fraudulent use of telephone calling cards or online accounts - Obtaining other goods or privileges which the criminal might be denied if he were to use his real name What Can You Do If You've Become a Victim of Identity Theft? - Call the companies where you know the fraud occurred - Place a fraud alert and get your credit reports - Report identity theft to the FTC (IdentityTheft.gov) - file a report with your local police department References: https://en.wikipedia.org/wiki/Identity_fraud https://www.justice.gov/criminal-fraud/identity-theft/identity-theft-and-identity-fraud http://www.experian.co.uk/blogs/consumer-advice/wp-content/uploads/2014/07/costs-of-identity-fraud.jpg Be careful with the personal data you share online. Thank you for the Merit, I appreciate it much. Well, you are absolutely correct that we have keep an eye on our personal data. However if the project is reliable and it ask for KYC for bounty - what's the problem in passing it? Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Stimah22 on March 05, 2018, 04:36:14 PM Sincerely speaking, I don't like KYC just because if the rigorous process of registration and waste of time... I think this KYC should stop so that cryptocurrency can become anonymous.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Xiomara on March 05, 2018, 05:12:53 PM Sincerely speaking, I don't like KYC just because if the rigorous process of registration and waste of time... I think this KYC should stop so that cryptocurrency can become anonymous. I understand some projects force their clients to undergo the registration procedure, because at the same time they are bound by the law of the country to which it is registered. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Rustamm on March 05, 2018, 05:47:17 PM I think, anyway, all projects will come to this procedure. The KYC procedure will be an integral part of any of investment option in the near future: token sale or reward for bounty campaing. And it will be the requirement of local regulators of any country as regulation of the cryptomarket is in the future inevitable in all countries There are no investment projects, including investments in ICO. Here it is a question of those cases when the ICO team demands to pass the KYC check in the participants of the generosity campaign, in particular, the signature campaign. It was in them that the ICO team recently began to demand that such a test be conducted. And, as a rule, this is done not before joining the campaign, but after the end of the ICO campaign, when there is no sense in conducting such an audit. And they do it simply because they do not pay the earned tokens to those who refuse to provide their identification data and copies of passports. Since before that, as a rule, no one warned that such a check would be conducted, I consider this to be a fraud on the part of the ICO team, since they are actually deceiving not to pay the earned tokens.Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Rudementry on March 05, 2018, 06:12:55 PM So when you know preliminary, that bounties require the passage of the KYC, this is one conversation. You have been warned, you yourself decide to give documents or not to take part at all. But it's quite another matter when you take part, but about KYC you are told only when it's time to pay.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: CryptoCastle on March 05, 2018, 07:51:11 PM So when you know preliminary, that bounties require the passage of the KYC, this is one conversation. You have been warned, you yourself decide to give documents or not to take part at all. But it's quite another matter when you take part, but about KYC you are told only when it's time to pay. Yeah! And this become a rule - tell at the end of campaign. Some ppl start asking at the begining, but often BM don't know then.Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: borovichok on March 09, 2018, 07:18:58 PM So when you know preliminary, that bounties require the passage of the KYC, this is one conversation. You have been warned, you yourself decide to give documents or not to take part at all. But it's quite another matter when you take part, but about KYC you are told only when it's time to pay. Yes, this is the meanest thing that can happen. Ask to pass KYC after performing the work provided that it was not stipulated in the conditions. It turns out that this is a fraud. But no one will definitely answer for it. :-[Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: empowrofficial on March 09, 2018, 11:24:25 PM This is the reason why I don't invest in ICO's that requires KYC. Because i only have my passport as my valid id and giving them a very sensitive information is very scary. And yes, identity fraud is my biggest concerned. Cryptocurrency will become mainstream at some point in the future, and KYC is necessary to protect everyone involved. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: crazyer1976 on April 07, 2018, 12:26:05 PM This is the reason why I don't invest in ICO's that requires KYC. Because i only have my passport as my valid id and giving them a very sensitive information is very scary. And yes, identity fraud is my biggest concerned. Cryptocurrency will become mainstream at some point in the future, and KYC is necessary to protect everyone involved. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Raggie on April 07, 2018, 02:00:18 PM How about investors ? they require to submit document for KYC too.
are they going to use their investors personal identity for fraud ? if yes, i don't think any investor want to participate on ICO anymore. Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: Docbee on April 07, 2018, 02:09:14 PM Identity is sensitive information it should not be given out any now. I against idea of kyc for hunters. As an investor i can't drop my identity not to talk of hunting for bounty. It can be stolen and used against someone to commit crime.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: blogardianz on April 07, 2018, 02:14:27 PM Well, this is a superb post. I think we as abounty hounter need a strong voice to against bounties using KYC. But unfortunately most of bounty participant didn’t know about this risk. If we stand together, I believe no one would join bounties that using KYC
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: FaucetKING on April 07, 2018, 02:17:35 PM Thanks god, at least someone tried to share these informations to help the community! well, i dont send my id to icos and bountys .. even that i dont trust the most known banks and i only trust my self. You should be aware ... its your identity.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: rockyfeller on April 07, 2018, 10:55:18 PM I'm not agree on KYC at the first place why should they do that for us, I know government wants to track illegal activities online or The money laudering issue. But then KYC rules for bounties is dangerous they can harm us by hacking our data and our wallets. The bad part here is they can track what we are doing. I hate CIA in the first place.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: brokkoly on July 12, 2018, 09:42:12 AM Yep, this is a very annoying topic. Crypto world and KYC are not compatible. I liked the meaning of blocking technology, that it allowed to remain anonymous which I love. KYC takes away this one of the main advantages. For me it's like to stay without clothes on a street. In addition, my documents can be used by intruders
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: kicauklaten on July 12, 2018, 09:48:36 AM I honestly avoid the KYC requirements with bounty. for me, it's not worth the fee brings a very personal data. earnings have only come just once can be felt. but the identity that we send will be stored and whether it will be processed into what certainly would not know. the most dangerous if it is used for a dangerous action and it turns out there is an identity that we have inside.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: madhukk on July 14, 2018, 11:10:26 AM Requiring us to pass KYC procedure campaign violate the very idea of using cryptocurrency. We must always be anonymous. But here we give our data to unknown persons with our own hands. I believe that the campaigns that require it should leave this forum, and never again appear here. And in general KYC - Know Your Customer. How to treat this bounty participants I can not take into my head.
Title: Re: 🔴 🔴 🔴 Attention: KYC for Bounties 🔴 🔴 🔴 Post by: beskid on July 14, 2018, 11:36:41 AM I think that fraud with KYC will come to an end in the near future due to the appearance of special services. For example, KYC Legal-service, which allows you to verify the user and prevents fraud. The technology of blocking lies at the heart of the service as a tool for protecting and verifying the authenticity of the personal data of network users. So, we are waiting!
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