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Author Topic: KYC of bounty hunters  (Read 6902 times)
unsquidly
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March 21, 2018, 06:12:13 AM
 #801

Expect that sooner or later the same paradigm will apply for everybody holding cryptocurrencies. It is sufficient to impose KYC of everybody who uses an online exchange to track the wallets of everybody and the rest will follow.
Altcoindealer
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March 21, 2018, 06:31:24 AM
 #802

I wouldnt participate in a bounty campaign wheres a KYC needed. Because it would be totally senseless. You become the tokens or coins for free, so why they need they data? I think they only do that to collect data which they can sell later to a good price. But i think the biggest problem is that many bountys tell them just after the ic and the bounty campaign is finished that they will need a KYC process to distribute the tokens. So i hope for future it dont become normal to do KYC for bounty hunters.
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March 21, 2018, 06:56:59 PM
 #803

I'm sure that future dont will work with KYC or something like that because all bounty hunters want their anonymity, especially in cryptocoins
NathanJackson
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March 21, 2018, 07:00:01 PM
 #804

I consider this KYC process to be completely criminal. Because this is the transfer of personal data, and then where are the personal data leaked, who ever thought about it? I've seen and seen a lot of data leaks from companies that deal with KYC
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March 21, 2018, 07:02:03 PM
 #805

You have to get used to this. Sooner or later, crypto-currency projects will all require the introduction of personal data. So for sure they will be obliged to make state regulators
alexbs
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March 21, 2018, 09:28:04 PM
 #806

I'm not inclined to participate in any bounty campaigns that provide KYC for token distribution. Honestly, I have nothing to hide, but I do not feel secure to give my personal document (most of the time they ask passport which is a really vital information).

I'm also surprised that some people are willing to send their private information to unknown strangers.

Bounty managers just need to be clear at the beginning of any bounty, so anyone can choose whether or not to participate.


Zedxxx
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March 21, 2018, 09:54:07 PM
 #807

I think KYC procedure should be for big investor only. It is waste of time for bounty hunters and bounty managers. And many bounty hunters don't receive big money in campaigns.
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March 21, 2018, 09:55:29 PM
 #808

You have to get used to this. Sooner or later, crypto-currency projects will all require the introduction of personal data. So for sure they will be obliged to make state regulators
I don't care if they do a KYC...I just rather they not because it's a waste of their time. They won't use that data after verifying so it's insane to even have it.


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rockstarr
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March 21, 2018, 10:03:55 PM
 #809

the KYC program is actually good but I think it is less effective because to take care of it requires a passport and another while not everyone has it so it will feel very difficult if using that system

KYC ( Know Your Client/Customer ) for bounty is one of the requirements of the ICO's to minimize multiple accounts in a campaign. For me it is not totally good because not all of us have government ID's, but there are still ICO's doesn't required KYC and that is nice.
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March 21, 2018, 10:06:26 PM
 #810

I think KYC procedure should be for big investor only. It is waste of time for bounty hunters and bounty managers. And many bounty hunters don't receive big money in campaigns.
Interestingly, those participants of social campaigns that participate simultaneously in 60-70 campaigns will be able to find the time to go everywhere the KYC?

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Beazerdred
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March 21, 2018, 10:25:51 PM
 #811

If the company initially introduced such conditions, then this is normal.I do not understand the company when they start talking about it at the very end when payments are already made and you worked for several months

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monineklutak
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March 21, 2018, 10:36:32 PM
 #812

You have to get used to this. Sooner or later, crypto-currency projects will all require the introduction of personal data. So for sure they will be obliged to make state regulators
I don't care if they do a KYC...I just rather they not because it's a waste of their time. They won't use that data after verifying so it's insane to even have it.

I do not think why every bounty participant is required to use KYC, or by using KYC can see those who will cheat so there is no multi account in the project, if the purpose is only that it does not matter to me, it is important not to do unnatural on our data who did the KYC on the project.

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bayupermana
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March 21, 2018, 11:36:16 PM
 #813

I think KYC procedure should be for big investor only. It is waste of time for bounty hunters and bounty managers. And many bounty hunters don't receive big money in campaigns.
Interestingly, those participants of social campaigns that participate simultaneously in 60-70 campaigns will be able to find the time to go everywhere the KYC?
Yeah, too many bounties to implement this KYC so it's actually become a barrier than a good stuff.
I think we should release something else then this one. Cheating is bad and it need to be caught but with this KYC is impossible to do it.
commanderbitcoin
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March 22, 2018, 04:16:15 AM
 #814

Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
The only answer is not to join a bounty with KYC and report all bounty managers to DT that request a KYC after the campaign. They should announce it before the campaign and not after the camp because bounty managers are not qualified to keep our personal data. It will only compromise our personal data and could also transfer to the wrong hand.

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March 22, 2018, 05:23:47 AM
 #815

I think this trend is not healthy, because the bounty threads require KYC is a very strange thing, it violates the principle of cryptography is anonymous, so I think I will not provide any KYC information to the bounty thread.

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March 22, 2018, 09:29:06 AM
 #816

As long as you are notified KYC is required for token distribution before joining bounty campaign, it is fair.
You can choose not so join it if you don't like it.

coinic
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March 22, 2018, 09:47:41 AM
Last edit: March 22, 2018, 10:03:14 AM by coinic
 #817

Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
For me its not necessarily that bounty campaign conducted for kyc because not all participants are interested.And i know it can cause limitation for the people participation of bounty.

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March 22, 2018, 09:55:31 AM
 #818

ICO participants have to fill up the KYC forms but I have never seen a bounty asking KYC form from the bounty hunters.
Anyway it is against the principles of crypto in both terms.
In a short period this platform will have no difference from the international banking system.
Adil Amim
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March 23, 2018, 03:34:13 PM
 #819

I would be totally agree if there's a KYC requirement for each bounty stake tokens distributions to protect everyone from scams, frauds and other forms of privacy abuse. I am ok for KYC as long as they're not going to share it with other companies or organizations that will take advantage of the participants' privacy and everyone's crypto assets should be in secret.
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March 23, 2018, 04:11:55 PM
 #820

KYC for bounty hunters is a mixed zone.

I believe in transparency and if projects are going to require bounty hunters to do a KYC before they can be paid, I believe it should be stated at the beginning of the bounty campaign among the rules.

Dropping it on bounty hunters later on is wrong some people are really poor and live in third world countries, some people are not eligible for drivers license or don't have a passport.
How will they get paid for the work done when they can't even pass the KYC.

Note: not only scammers fail KYC. Some people may fail for other reasons and the terms of every bounty should be stated at the start of the campaign

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