Why do some projects require KYC for bounty? Is this a legal thing or is it a way to make sure they are not being scammed by bounty huntrs? Are there jurisdictions which would require bounty to have KYC? This is not a token sale after all.
what do I know KYC to avoid from multi account or playing cheater but not intended for all bounties all depending on your choice if you are able to meet the KYC requirements, you can join if not better looking for another bounty
Yes KYC is the most important thing and we cannot avoid it if we want to participate in bounty and signature campaigns as it is for the matter of security and it will make your account safer for you and your journey for earning. Some people don’t provide their information that easily they put doubt and feel afraid but it is not bad to share as you said in this discussion.
I think that most if these KYC being asked is just a requirement that is also imposed in those companies too by the government, so any of them wants to get the chances of gaining the trust of government, those data’s are what is most vital to them, at least with those data, they will be able to compute whatever they need to compute in other to be able to act on teem accordingly.
We can do what the US government is doing already with the KYC that was being submitted by their citizens to those exchanges, and now they have all the detail with them and would taxing purpose, Binance is even going to the extent of having to create a special database for the US users which is mandatory for anyone that would be coming on the exchange to perform KYC, so whether we are bounty hunters or not, this issue of KC cannot be controlled by us, so there is absolutely no point actually fighting it.
