Am done with KYC

[lonte77]

That's why there are so many bounty Hunters are hate to join some bounties campaign that required KYC. You should keep your personal ID and don't use it for some bounties from ICO, it won't guarantee you with a successful project.

[Handsome Boy]

There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

from the beginning I joined bounty, I never participated in a bounty that required me to provide my personal data (KYC), because in my opinion it was confidential, so if there was a bounty asking bounty hunter to fill out their personal data (KYC), then I will never participate in the bounty.

[leatutz]

For KYC options I did lost several rewards after complete everything. KYC is just a process but by binding few times this could makes us sick. Good manager published before bounty start KYC or no KYC. In my experience, I can't find any relation between mandatory KYC process or non-mandatory KYC process project.

[Spaffin]

Based on the data submitted by users, it is possible to calculate certain statistics that many projects abuse the requirements to provide passport data and this is a way of deceiving the participants of the Bounty company.  According to statistics, most of these projects do not even pay the required fee, which leads to the idea that the Bounty Hunters provide their personal information to whom it is not clear to anyone.  Although if you look a few steps into the future, then according to the forecasts of global legalization of cryptocurrency, in any case, KYC will be provided for each user of the cryptocurrency, in order to avoid fraud and criminal activity using cryptocurrency.

[Ozero]

There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

Yes, at a glance that KYC is indeed dangerous for our personal data. Because our personal data is related to the country. If this is used by irresponsible people, then they will leak data in one country. But the problem is that it is difficult for us to compare projects that only use our data for business purposes. Some exchanges really do maintain data well. I don't think this will be a problem.

KYC verification should only be necessary for large transaction amounts. On June 21 last year, the FATF adopted binding recommendations according to which only persons sending and receiving transactions worth more than one thousand euros should pass the KYC inspection. As for exchanges and exchangers, here we are not going anywhere. This will need to be observed, and in this case, although there is a risk, it is not as great as when we participated in ICO bounty campaigns. ICO project teams continue to demand from us the passage of KYC, sending us tokens most often for several tens or hundreds of dollars. It’s time to raise the issue that ICO teams do not have the right to try KYC from us if they send us their tokens in the amount of less than one thousand euros, even if we take the price of ICO as a basis.

[Barbut]

Based on the data submitted by users, it is possible to calculate certain statistics that many projects abuse the requirements to provide passport data and this is a way of deceiving the participants of the Bounty company.  According to statistics, most of these projects do not even pay the required fee, which leads to the idea that the Bounty Hunters provide their personal information to whom it is not clear to anyone.  Although if you look a few steps into the future, then according to the forecasts of global legalization of cryptocurrency, in any case, KYC will be provided for each user of the cryptocurrency, in order to avoid fraud and criminal activity using cryptocurrency.

KYC hurts normal people more than it hurts criminals, it's what I think. Ordinary people are forced to go through some verifications for what? So they can invest their own money in project they believe in? Or because someone wishes to buy something he needs to be verified to do that? 
I try to avoid KYC whenever I can. I do that just if there's no other option for me.