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Author Topic: KYC of bounty hunters  (Read 6981 times)
Bitcoininspace
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February 16, 2018, 02:04:12 PM
 #441

Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
The query of the KYC indicates the reliability and responsible approach of the project developers to their work so I think that this is a good indicator.
Rose119
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February 16, 2018, 02:58:34 PM
 #442

i see no reason why they should bordering bounty hunter with kyc, kyc is suppose to be meant for investor not bounty hunters, because for bounty hunters they have already summit most of there identity why trying to get involve in the project. so i don't think there is need for kyc for bounty hunter. 

I agree, KYC is for those investors and we are not investors to send our KYC for the bounty. We already send our wallet address to them so I think the address is enough  to give our token after bounty success.
CasualSam
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February 16, 2018, 03:01:24 PM
 #443

Just don't participate and they will end up begging people to join them again because of the lack of promotion.
ekoyulio20
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February 16, 2018, 03:04:56 PM
 #444

kYC is one way that this is the right thing and the project looks very good when he uses kyc to bounty hunter because KYC itself is very relevant to our privacy so that we avoid a multi account and no account abuse. this is very useful to bounty hunter but maybe the thing that is very bored is waiting for KYC in accept
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February 16, 2018, 03:06:48 PM
 #445

I am also not sure what is the reason of KYC being asked for bounty participants. We are not investors, and KYC is required in case of being an investor. I try to avoid all bounties that are asking for KYC.

YoungMaster
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February 16, 2018, 04:50:58 PM
 #446

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

it sounds weird if the KYC development applied to some ICO which the tokens/coins have theme of privacy in their blockchain. it will be no anonymity anymore.

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February 16, 2018, 05:40:33 PM
 #447

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?
Semosuchi Tesongrato
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February 17, 2018, 11:02:41 AM
 #448

Like it or not, we'll have more and more control and regulations in the cryptomarket.
And the first thing is to identify the owners.
If we want to stop scams, this is the first indispensable step.

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February 17, 2018, 11:14:18 AM
 #449

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

As active bounty hunter I dont like it of course, but there has been projects, where significant amounts of tokens with substantial value were dropped. Many times the bounties are like 5% of the total token supply so well makes things more complicated but I can see some reason.
magle
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February 17, 2018, 11:27:25 AM
 #450

Agree, I never want to give away such details as passport images etc, that can misused if it falls into the wrong hands, simply for participating in an airdrop of something that will most likely be worth nothing when it hits the exchanges.

Most of the time we will have no idea how the company is processing our very private information. It is stored securely etc. which is very important to avoid identity theft, which is a growing problem.
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February 17, 2018, 12:09:34 PM
 #451

Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
For bounty programs usually do not require kyc because kyc is only for ico participants or buyers coin but if there are rules that require kyc means we must follow it.
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February 17, 2018, 03:33:09 PM
 #452

Crytpomarket need to be more controlled and the first step to prevent scams is to get rid of anonymity.
I don't like it, but probably it will happen more and more: so, better to accept the idea.

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February 17, 2018, 03:47:31 PM
 #453

The participants of this forum who join the signature campaign to promote a certain ICO project do not invest their money and this project, and therefore they can not be suspected of money laundering or other similar illegal actions. Therefore, it makes no sense to require from them data identifying their identity and especially copies of the relevant documents. Especially it looks strange in the sense that people are on this forum only under pseudonyms and have the right to confidentiality.
I see that members of the ICO team are using this opportunity with purely fraudulent goals. The requirement to provide additional data appears for some reason, not before joining the campaign, when each member of the forum can refuse such accession, and after the completion of the ICO, when the agreed work is already completed and the signatory campaign participants expect to pay the earned tokens. In this case, there is no choice for a signatory campaign participant who does not want to publish his data and provide copies of identity documents. They will in case of disagreement have to just abandon the earned tokens and this is what some companies are counting on. In this case, tokens are already counted and if someone does not claim them, they are simply assigned.

JRDuran
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February 17, 2018, 03:52:11 PM
 #454

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 unnecessary, and I think there's no valid reason that accompanied with this demand for the bounty hunters.
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February 17, 2018, 03:54:54 PM
 #455

it certainly forces you to spend some time on registration, but I think this is okay, since our data is for those people who need them already)
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February 17, 2018, 03:59:55 PM
 #456

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

It depends on the particular project. In most cases you a no need pass KYC for bounty.
But there are exceptions
Beazerdred
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February 17, 2018, 04:04:07 PM
 #457

I think that this is not the best solution. Now I already had to send my data to several companies.I do not know how dangerous it is

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Fria
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February 17, 2018, 04:04:55 PM
 #458

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

I don't think I have a problem with that because I am a legal participant of every signature bounty campaigns.
Well, if they will do impose the said KYC (know your customer) will be required before payouts. And if it's part of their ICO regulation then so be it, for me I don't find any issues on this regulation process.
It's only criminals who afraid of KYC as part of ICO regulations.
BogdanGFTP
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February 17, 2018, 04:06:09 PM
 #459

It's not a big problem, I think
Fria
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February 17, 2018, 04:10:42 PM
 #460

I think that this is not the best solution. Now I already had to send my data to several companies.I do not know how dangerous it is

Well, it's your own opinion about on KYC procedure for token payout but for me I never seen any issues for this so for me each bounty campaign should ask or show first on their bounty campaign which participant's information that which are going to get because I don't think all participants are ok with that because we can't fully say that everyone is allowing their identity will be exposed on ICO companies because we are all taking care of our  identities and protect our privacy and Crypto Assets to public.
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