I have seen many hunters talk about the kyc with utmost hatred. Many wants kyc removed, many thinks it's not fair for hunters, while some say it shouldn't be for hunters, because hunters are not investors.
But the point is, if the company or start-up project asks for kyc from hunters, they are not wrong in any way.
Kyc are not for investors only, as long as you will hold or holds a company's or start-up project equity share and have voting rights, you are a customer. What this simply means is that whether you bought the token or through bounty hunting but holds this token with the so called investors, there is no different between you hunter and an investor with cash.
Both of you holds the same token from this company and share equal right with them, which means that what an investor can do an this particular company, you as hunter holding the same token can do also.
The only difference is that the investors invested their cash and you invested your time and both of you holds the same token and shares equal rights. So if you say that you can't pass through kyc because you are a hunter, then you are the cheater
You do not understand the essence of KYC verification. This check is carried out to prevent cases of money laundering and to combat the financing of terrorism. The ICO teams themselves do not do this. They receive information and hold it for a certain time in case the relevant state bodies turn to them for the necessary information. ICO teams actually do not need this information. What difference does it make for them whether a citizen of one or another country will have their token? If this absurdity with the passage of the KYC test develops, then it will be possible to install KYC checks in all outlets. Imagine, you go to one store to buy cigarettes or juice, and you are told, pass before this check KYC. Fill out forms, attach copies of your passports, certificates of residence, and so on. Come after this to another store - the same thing. Do you think this will be normal?
One should not confuse the state program of combating crimes and the simple, unjustified interest of ICO teams to our confidential data.
Kyc are not carried out just for money laundering only. You should read more about kyc. Even if the company issued the token for free, they could still require kyc from you depending on the kind of token they offer
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