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Author Topic: Why Bounty Hunters Hate KYC !!!  (Read 93909 times)
coin_1122
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June 28, 2019, 04:09:13 AM
 #721

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 
most of them didnt want their identity spreaded.moreover just for reward that the value still uncertain.privacy more important for them maybe.but if there is another reason i dont know about it.

That's correct also it seems they need some secure for their self. Because lot of bounty getting scam and maybe they using other accounts who fill an kyc to make they a scammers of their project.
Pick project that ask us to do KYC must did with very carefully. Of course we not want our identity to be used to anything bad because only ourself who can make us safer. And we can't make them change the system.

Yes, you are right we can't believe anybody to submit our documents as long as if they don't use our identity for the different purpose it will not harm us, I think there are many others to verify our identities without submitting the documents.
shoreno
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June 28, 2019, 04:16:38 AM
 #722

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 
most of them didnt want their identity spreaded.moreover just for reward that the value still uncertain.privacy more important for them maybe.but if there is another reason i dont know about it.

That's correct also it seems they need some secure for their self. Because lot of bounty getting scam and maybe they using other accounts who fill an kyc to make they a scammers of their project.
Pick project that ask us to do KYC must did with very carefully. Of course we not want our identity to be used to anything bad because only ourself who can make us safer. And we can't make them change the system.

Yes, you are right we can't believe anybody to submit our documents as long as if they don't use our identity for the different purpose it will not harm us, I think there are many others to verify our identities without submitting the documents.

not all company/projects are scam but there are still few that are legit and you should not be afraid to share your kyc with them because kyc is for your own good and for thier own good also . kyc is like a law to make them legal and also to make you legal  . kyc is mainly required when investing on an ico and also on trading sites but there are some require kyc before withdrawals on a gambling site  . its rare to see kyc and i think its not appropriate at all to do a kyc on a bounty campaign because there are no money or crypto involved on a bounty   . that should be the reason on why bounty hunters hate kyc   .
JeffBrad12
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June 28, 2019, 01:33:19 PM
 #723

not all of KYC are scary because the requirements are easy but sometimes a participant does not get paid just because they are rejected and of course this is very sad after they finish doing the work, one of the reasons feared may be because the data sent can be misused by others and of course this very dangerous for the data owner
Do you still want to  pass your kyc even if your only getting  20$?  I will only pass my kyc if im sure that the project is good, not like the other campaigns that when bounty is distributed ,  team also gone.
that's much better if you can earn some amount but look at jinbi coin and how almost all of bounty participants are getting deceived while the majority of them have already verified use their own identity. Jinbi has already acquired thousand worth of identities from the participants and they got nothing.

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numanoid
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June 28, 2019, 03:20:39 PM
 #724

not all of KYC are scary because the requirements are easy but sometimes a participant does not get paid just because they are rejected and of course this is very sad after they finish doing the work, one of the reasons feared may be because the data sent can be misused by others and of course this very dangerous for the data owner
Do you still want to  pass your kyc even if your only getting  20$?  I will only pass my kyc if im sure that the project is good, not like the other campaigns that when bounty is distributed ,  team also gone.
that's much better if you can earn some amount but look at jinbi coin and how almost all of bounty participants are getting deceived while the majority of them have already verified use their own identity. Jinbi has already acquired thousand worth of identities from the participants and they got nothing.

It's participants fault to get tricked by jinbi's team. Since it started and even before their ICO began, i've feeling if this token (jinbi) would be like another shit token. There is no exact product, expensive price for ICO token and etc. Now we don't know what will they do with their participants' Identity
han313
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June 28, 2019, 04:29:07 PM
 #725

because I am a bounty hunter, I think maybe the reason for securing a personal identity / they are lazy to do it because what they get from the bounty is little or no profit according to him by exchanging personal data.
Mike Mayor
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July 06, 2019, 12:57:20 AM
 #726

Noone needs your personal info. Why do they? There are no reasons. There are no legal reasons they just making stuff up. They just want to sell or exploit your info. Honestly if you willing to risk your own safety giving your personal info to a stranger then you are an idiot.

The government even warns you not to give your personal info online.

KYC has nothing to do with being legit. People open fake bank accounts every day and people use their actual bank account to steal from others and that can go on for a long time all they need to do is change banks.

Even investors shouldn't give their KYC. What the hell, you ask me for money to invest in your project and you want to know exactly who I am??? No gonna happen. So now you risk your money and your personal info.
Not very clever.

KYC is ment to be handled by official websites, not just anyone. Even then I'm not sure I would trust it.

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