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Author Topic: KYC of bounty hunters  (Read 6900 times)
mellorbo
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July 03, 2018, 10:20:47 PM
 #1601

Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.

I dont really think KYC is very useful to me because our information can be use to some dangerous transaction and it might ruin us. KYC is not applicable for a bounty hunter because there are many people who don't want it because it is really important to keep personal information.
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July 04, 2018, 03:28:36 AM
 #1602

Since bounty hunters only get very little of the total ICO poll, i see no need stressing them with KYC. Meanwhile, some at the completion of each bounty, only see back and wait for their token in their ETH wallet without knowing that KYC is required.
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July 04, 2018, 03:39:05 AM
 #1603

I think this is a positive development trend, so if someone wants to use multiple accounts, then KYC can avoid this problem.
So I'm supporting the bounty thread that needs KYC. Grin

kelsiivo
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July 04, 2018, 03:46:07 AM
 #1604

 agree with you, but I also think that KYC requirement has to do with checking out that bounty hunters are not US residents, because we all know that most bounties do not allow people from US to participate, as well as investing in ICOs. On the other hand, I think they should be conducting that the other way and not by checking out our personal data. We could submit something else, where it would be apparent that we are not for the US. I don't know, maybe our scanned bill for electricity, where our address can be clearly seen and we could omit the name and surname perhaps. But how would they know that this is our bill then? I also see many bounties popping up where they require your selfie along with ID so they can assure the ID is yours.

Maybe a solution to this would be a KYC platform, where we would submit our documents only once and then verified ICO companies would have an access to them. But in order for me to do that, ICO companies should also provide their documents for me to see. It should be mutual. Unfortunately, I don't see this happening anytime soon, because some people will hand over their documents without even thinking about the possible consequences for a couple of bucks. Especially people from third world countries, where $ is worth a lot more.
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July 04, 2018, 08:17:13 AM
 #1605

as a bounty hunter probably not to do this type of a procedure kyc because for me kyc is only for the investor or to the people willing to invest in ico..I do not think all campaigns require KYC.. we should more vigilant before we send any KYC documents to anyone because
its very dangerous..some Bounties and ICO's now are scams...
bountyhunter433
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July 04, 2018, 10:44:29 AM
 #1606

Well, I am working for a software editor. When I talk with the finance sector, they are all going for KYC solution. And the regulation at all level require often to be compliant or regarding implementation of new rules in specific sector. So, I am not afraid of this kind of thing. But I always, give such information with trust-able organisation.
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July 04, 2018, 10:45:59 AM
 #1607

Nope, not doing that. If and when that begins to be implemented on a bigger scale, I will probably stop doing bounty programs. And to be honest, bounties are lasting much longer than they used to. They arent the same anymore.
jakezyrus
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July 04, 2018, 10:50:57 AM
 #1608

Nope, not doing that. If and when that begins to be implemented on a bigger scale, I will probably stop doing bounty programs. And to be honest, bounties are lasting much longer than they used to. They arent the same anymore.

why would you stop? if a bounty is verified to be legit , then i think it is safe to do a kyc and give out some of our personal infos. kyc maybe help out to improve  a bounty program because only real people can now join and abusers or cheaters will now be remove because they cannot possibly provide a kyc for all of thier dummy accounts.

but of course , these kyc thing will cause a lot of noise if ever they will implement it on a bounty campaign or signature campaign.
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July 04, 2018, 11:00:51 AM
 #1609

Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.

This is a very negative trend for bounty hunters because KYC disabuse the decentralization concept of the blockchain technology proposed by our founding fathers. So I totally disagree with the idea of imposing KYC on bounty hunters. Thanks
Incognito01
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July 04, 2018, 11:01:47 AM
 #1610

Often KYC for bounty hunters is used only to reduce the number of recipients of the reward. At the same time, are used most complex forms for filling in personal data  and as a result of this KYC passes only a small part of the participants of bounty campaign.

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July 04, 2018, 11:07:03 AM
 #1611

I don't do bounty that asks for KYC. Its too risky for so little money. If anyone askf for KYC just for airdrop, i suggest just drop it and find some better option with less risk involved in it.

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July 04, 2018, 11:11:54 AM
 #1612

In my own opinion, requiring KYC for bounty hunters in order for them to receive their rewards is not a good practice. Most bounty hunters are teens or maybe non-working people, so where they going to get some valid ids or government ids to verify their KYC. I think it is better for the management team of an ICO or a bounty to require mandatory KYC verification/s for investors only because there are some investors that lives in the restricted area which an ICO not prohibit to buy their tokens.
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July 04, 2018, 11:29:14 AM
 #1613

Kyc is really a good thing. But, As much  as I do not like this, although, I do understand the idea behind it, as many individuals out there are using multiple accounts when applying, so this would only  be eliminates through or by doing kyc.
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July 04, 2018, 05:10:47 PM
 #1614

I can't say that KYC for bounty hunters is something terrible. I just don't like when projects introduce it after the bounty campaign ends and initially it wasn't planned. It's unfair i think.
ronni01
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July 04, 2018, 05:17:34 PM
 #1615

Preferably only successful projects do this or vice versa projects that want to save on people and do not want to pay the promised price!
seregeiImaneal
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July 04, 2018, 05:26:54 PM
 #1616

Preferably only successful projects do this or vice versa projects that want to save on people and do not want to pay the promised price!


This is not the flag to good or bad project - everyone could ask you to send your personal data and use whatever they want.
I wonder if such projects launch such procedure before the bounty is over Grin
nguyentrangg333
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July 05, 2018, 09:19:16 AM
 #1617

I really don't understand that there are people who think that ask for the KYC is guarantee that the project is honest and confiable, or that will avoid multiple accounts. Is it that a scam project can not ask the KYC to investors? Is it that a bounty hunter can not use the ID of family members, friends or another methods
vova.andreyan.94
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July 05, 2018, 09:52:55 AM
 #1618

I myself have not been satisfied with the KYC request too often, and most importantly, where will these documents go?
Ndubades
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July 05, 2018, 10:09:30 AM
 #1619

For me, the practise is a good step in the right direction. it reduces the possibility of multiple accounts being used and it also protects the ICO in terms of legality. From my understanding it's a bit of a grey area legally because bounty hunters are not investors so shouldn't technically need to give up their info, I think many ICOs now are just doing it to be extra safe.
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July 05, 2018, 10:14:38 AM
 #1620

Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.

I haven't done any KYC on bounty program I've participated and I hope it will not happen to me, undergoing KYC because I am not planning to do KYC I know how the business of selling accounts in the dark web works, and I don't want my credentials to be a part of it.

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