KYC to receive bounty rewards.

[ArkiCrypto]

KYC

[1715018151]

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[yomarve]

I personally do not like kyc and I see many in this forum too also display disgust over it. Kyc for bounties is just here and we ain't done with it now Airdrop has joined the park.

Sending personal documents to people is very dangerous.. Don't like it

[anjohyx]

I personally do not like kyc and I see many in this forum too also display disgust over it. Kyc for bounties is just here and we ain't done with it now Airdrop has joined the park.

Sending personal documents to people is very dangerous.. Don't like it

All of us also don't like KYC, but for bounty hunter no choice because you can't get your hardworking reward if don't pass the KYC, so I only submit KYC for promising bounty project, but not for airdrop

[vv181]

Doing KYC verification is removing the essence of decentralized in the cryptocurrency. I can not able to understand why they need a KYC for a bounty or airdrop. Well, some of ICO required a KYC verification for security purpose. But Personally, It is a sign of inapplicable the team about security.

[Glory90]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about the this but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. This was used to review the investor and make sure they're credibility and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

this is absolutely right, I also wonder why recently many ICOs are applying KYC to bounty participants, maybe someone knows the reason about this? it makes me more careful in choosing a project because I don't want my personal documents to be misused

[alex_kir]

This is completely wrong, because in that case it turns out that the bounty manager did not find out about it at the very beginning and deliberately concealed the information, but if it turns out that the bounty manager received this news after the bounty passed, then I do not think that the project's reputation will be good.

[MoonIsBlue]

I get it with bounties because you're really doing some work in exchange for something. Aidrop KYC doesn't make any sense at all however.

[wnj4]

This is completely wrong, because in that case it turns out that the bounty manager did not find out about it at the very beginning and deliberately concealed the information, but if it turns out that the bounty manager received this news after the bounty passed, then I do not think that the project's reputation will be good.

That's not the bounty manager or project owners fault. It is clear the bounty Participants fault.
we are all get into cryptocurrencies for decentralized,Privacy etc..and this is removing the the purpose of decentralized and cryptocurrencies absolutely. In addition to the certain risk, given  personal data to people who you do not know anything about them.

[Sahyadri]

The fact that we bounty hunters have to give KYC takes away all the fun of participating in a decentralised atmosphere and as anonymous. I do understand the concern of the company that they would want to know about the people participating since they do not want bots or spammers or alts to take away majority of the tokens which are meant for genuine users.
Personally I'm against it. I like staying anonymous.

[coinlocket$]

I think KYC can be usefull to limit abusers on bounties is a great way to do so but I really don't like share my data for few bucks. I really hate when managers ask for kyc at the end of the bounty and not at the start.

[Rostock]

I personally do not like kyc and I see many in this forum too also display disgust over it. Kyc for bounties is just here and we ain't done with it now Airdrop has joined the park.

Sending personal documents to people is very dangerous.. Don't like it

Personally, I think this contradicts one of the basic principles of cryptocurrency. I don't like the fact that I need to provide my documents to bounty companies, especially given the fact that there are a lot of scams among ICO companies. Especially I not understand why this for airdrop to do!?

[nev1d]

I am against using KYS because, in my opinion, I use it as a scam-company. I'm not ready to entrust my documents to people I have not seen

[Praesidium]

I dont like KYC also but some of bounty project didnt tell ahead of time that they will require KYC to bounty participant for them to be able to get the payment for their work. It is very dangerous to send your information to the people you don't know or even see so please stop KYC for bounty participant since we're not investors.

[IrenNTA]

More and more bounty campaigns request to pass KYC after the campaign is over. Some bounty managers warn about it in advance, but in most cases you learn about it when your work is done. So they just don't leave you any choice if you don't pass the KYC than you worked for free.

[Karmakid]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about the this but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. This was used to review the investor and make sure they're credibility and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

This is true, it is really scary or unsafe to disclose yout personal information just to receive a reward. However, there are bounties that are abused by some bounty hunter  where they sometimes use multiple accounts to gain more income. So sometimes managers or project team want to verify bounty hunters' identity.

[seandiumx20]

I agree to you, sending personal information to anyone is very dangerous.

First of all, we're here for informations and gathering bounties anonymously and now they required KYC. For what? we make money by using this account and now they wanted to know all thousands of participants of every ICO. Again, for what? what purpose? this literally scks
This ICO generation is full of scams and it might use your identity too for dangerous crimes.
We all know that doing stuffs on internet is very risky if we lack of knowledge about it.

[bundo]

This topic has been discussed earlier and many comments about the pros and cons. There is a positive value and there is a negative rate.
I'm just surprised, That bounty campaign asks KYC for the participants but the admins in the telegram group who wore fake photos, do not even have a clear or unwritten history on the website page. The question is '' whether our identity will be safe in their hands??..

[anobtc]

I agree with you. I don't know why they need information of people who just participate in their Bounty campaign and doesn't invest in their project. Except that project want to collect our information to a fraud goal 

[bitcoinerjawa]

if there is a bounty that complements to give KYC then I will not participate and will not be a bounty participant because you mentioned it is true, if you provide sensitive data and very influential data for your life you better avoid because the data yourself can sold and traded for crimes.

[platinov_and]

I understand that companies that do KYC in their campaign campaign want to make sure that I am a real person, but I'm afraid to send my data to strangers who can use my personal data in fraudulent schemes. That's why I do not like KYC.

[kamike]

Doing KYC verification is removing the essence of decentralized in the cryptocurrency. I can not able to understand why they need a KYC for a bounty or airdrop. Well, some of ICO required a KYC verification for security purpose. But Personally, It is a sign of inapplicable the team about security.

But for as long as we wanted to have our privacy or to keep our identity if the law requires then there is nothing we cannot do about it, since some government really making intrusive with this kind of thing.

[rackam]

I think it is definetely bad idea to require KYC for bounty hunters.
But on the other hand, how else do you avoid multi account?

[JCLee]

It's easy to know You need to do KYC to be able to receive token from bounty campaign cause these bounty campaigns are not for people in some countries like US. For example, Shivom bounty campaign, which I'm being in, also need KYC cause US bounty hunters are not allowed to take part in.

[izanagi narukami]

I think it is definetely bad idea to require KYC for bounty hunters.
But on the other hand, maybe this to prevent multi account ?

At the first, any bitcoin project doesn't require KYC except they are exchange and you want to withdraw massive amount of money.
But we can't blame the project  because many people doing dirty trick in order to gain the bounty so KYC may the solution !

[kuyaJ]

Doing KYC verification is removing the essence of decentralized in the cryptocurrency. I can not able to understand why they need a KYC for a bounty or airdrop. Well, some of ICO required a KYC verification for security purpose. But Personally, It is a sign of inapplicable the team about security.

Yeah! What's the purpose of that when you are at the bounty programs, right? what they need about you and what they gonna do about your identity.  Actually, it is not good for our safeness because your identity will depends on what happen when they do anything.

I think it is good when they do it for the investor only but there are some campaign that need that kind of requirements.

[kenelmark]

this is ironic.
KYC is needed by Bounties handlers to prevent cheating (i.e. multiple accounts in a bounty program) etc. but it also has potency that private data to be used for cheating/fraud actions.
the main purposes of bounties programs are that participants work to promote projects. even in cheat ways, the projects are still promoted. but applying KYC is potentially a dangerous thing. KYC owners may be potentially criminal victims.

Stop KYC application !!

[reypinioco]

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

Well you right bounty hunter sshouldnt be asked by these verifications because its like a payment for the efforts of those hunters who promoted the ICO from the start,without these resources there will be no exception these ICOs are going to have less investors from these ICOs because theres  alot of people that doesnt want to risk.

[Rabeya]

I personally like kYC because there are a lot of scammers at present now in bounty. But KYC process should be flexible. Most of the people have National Identity Card (ID card) but majority people don't have Passport/driving license. So in KYC process, there should be alternative like NID/Driving License/ Passport.

[gazilla]

In terms of bounty doing Know Your Customer or KYC is something i dislike, and I do not remember doing it ever, but I have seen them have it. My opinion is that if they inform you beforehand, then you know what you are getting into, but if they do it at the end, that's fucked up.

[clickerz]

More and more bounty campaigns request to pass KYC after the campaign is over. Some bounty managers warn about it in advance, but in most cases you learn about it when your work is done. So they just don't leave you any choice if you don't pass the KYC than you worked for free.

Thats true and I think it is unfair to us participants. KYC is done by a reputable institution is fine, but  sending it to unknown person or  company is another story. Yes we know that they are curbing the cheaters but to the expense of our sensitive data.

[Doych]

I agree that KYC is necessary for companies! Firstly, from scammers and just do not make multi-accounts!

[jooj]

I had participant with SYNCFAB they did not mention this condition from the beginning after the end of the campaign now they want us to provide them with personal data. They are definitely joking. I do not know them at all and have no intention of dealing with their platform. It is clear that it is a clear attempt to scam on the participants in the campaign. They joke very loud joke.

 I wondering is any traders on any exchange have to provide KYC for trade their token or any other scarcity tokens, I'm sure that does not happen forever.

for those who likes to get risk by provide their identity for scammers, just for few bucks go ahead it's good for you guys.

[Manyak8888]

I don't pass KYC, because I think they will can sell or steal my documents, if my reward more 100$, I will think about pass KYC and I need to study the command in detail

[DarkTaiga]

I don't like KYC in bounty. But I have to admit that the good bounty always require KYC. It's sad. KYC makes the purpose of cryptocurrency become meaningless (no anonymous). We requires the security in Blockchain, cryptocurrencies, but we easily "give" KYC to ICO. ICO should find a way to avoid cheater, whale. KYC is not good way.
How do I know they do not use my information on something else?

[Noobaru]

I see many airdrops today that require KYC, meaning your ID for 2$?? Seriously, like I am going to give away my personal info for 2$. I would be crazy if I would do that. As far as the bounties are concerned I always check their Telegram groups if someone has been asking about KYC before and if the answer is that this is required, then I just pass the project. There are a lot of projects out there, I don't have to join the KYC ones. But if this would be a good project that would pay a substantial reward at the end of the bounty campaign, then I would consider doing KYC. But the reward would have to be at least 5 figures. Since you can't really know what the reward will be, well...

[dalesotpi]

I don't like KYC in bounty. But I have to admit that the good bounty always require KYC. It's sad. KYC makes the purpose of cryptocurrency become meaningless (no anonymous). We requires the security in Blockchain, cryptocurrencies, but we easily "give" KYC to ICO. ICO should find a way to avoid cheater, whale. KYC is not good way.
How do I know they do not use my information on something else?

I don’t agree that all ICOs that require KYC is automatically a good project or bounty. There is just no relationship to them. And doing KYC to bounty hunters defeats the purpose of being a decentralized platform.
Should ICOs require kyc to give out bounties, they should make it clear in the rules

[jeungo]

I think that sooner or later it will be so, because there are a very large number of people on the forum who have many accounts, and the informational part of the messages is often zero. Therefore, I can imagine the time when for participation in a very good bounty, it will be necessary to undergo a certain system of verification, or interviews.

[missmaria]

I don't see something suspicious in that fact; but I personally do my best to participate only in trusted bounties.

[parkraol]

It's not really fair passing KYC to bounty campaign that they can know where you are from from your btc profile or in local discussion. I'm not really in favor of KYC, if it's possible for those investors. If they want to know where the bounty reward goes this is my suggestion I would take a pictures and show where I spend my money with my btc name.

[ashao1015]

I don't like it as a most of us. But we need to see the whole picture before making some loud statements. We need regulation for ICOs. And most ICOs are securities. Yes, they trying to avoid this but most regulators think about it like securities. And we have to face it, deal with it. ICOs are risky, a lot of scam etc. With KYC we will have more fair distribution as well as more chances to have more institutional money inside. Which would be pretty good for the whole future crypto economy.

[mattsaronx]

Personally I don't agree if we have to do KYC to get bounty rewards. I am worried that our personal data will be stolen and then sold to irresponsible parties. I hope there is a better system than KYC which is not using  National Identity, Driving License and Passport.

[Pasaway2701]

I don't like it as a most of us. But we need to see the whole picture before making some loud statements. We need regulation for ICOs. And most ICOs are securities. Yes, they trying to avoid this but most regulators think about it like securities. And we have to face it, deal with it. ICOs are risky, a lot of scam etc. With KYC we will have more fair distribution as well as more chances to have more institutional money inside. Which would be pretty good for the whole future crypto economy.

KYC will reveal your real identity. I don't think that to be required in bounty participants to claim the rewards. It can be useful only to those who invest in the ICO for the security. It will be hard for the participants to claim if ever because not all has a valid ID to be use. Like the minors who able to join in the bounty.

[minatour]

The use of KYC to claim payment from bounty to me is not too complicated if the terms are not troublesome, I am sure if the identity we provide will not be used in crime, a big problem for me if a project requires us to use a passport to complete KYC and I do not have it because I only the poor

[BenjaminFranklingwould]

I don't like it as a most of us. But we need to see the whole picture before making some loud statements. We need regulation for ICOs. And most ICOs are securities. Yes, they trying to avoid this but most regulators think about it like securities. And we have to face it, deal with it. ICOs are risky, a lot of scam etc. With KYC we will have more fair distribution as well as more chances to have more institutional money inside. Which would be pretty good for the whole future crypto economy.

I totally agree with the point of regulation. We need some of it to prevent scams. But I would add that we don't need standard KYC. We need some sort of identification but it could be crypto-signature, or faceiD or fingerprints. Something that useful for identity customers of ICOs but not useful for darknet sellers.

[akashark]

Kyc is a good thing to get scammer! Many scammers steal bounty hunter's information and they just use those! Kyc is a thing to get them easily. But nowadays KYC is getting harder. And they just say after bounty end, that's why many bounty hunters even don't know! They should say at the beginning!

[goyal.dkg]

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

same doubt in my mind .
neither we invest , nor any law or regulation force any project to ask KYC details from bounty or airdrop participants .
giving kyc for 100-200 USD worth of tokens is not that great idea at risk of privacy and misuse of details .

[sehoon]

If you still want to receive bounty then join campaigns that don't require KYC. It is just a personal preference whether you are comfortable with sharing your information with someone. Yes, it will remove the concept of being decentralized. I agree on that part. But if they will use that information for something illegal, that will become a massive breach. As of now, I passed two KYCs and I will remember the campaigns with whom I passed.

[BenjaminFranklingwould]

I don't like it as a most of us. But we need to see the whole picture before making some loud statements. We need regulation for ICOs. And most ICOs are securities. Yes, they trying to avoid this but most regulators think about it like securities. And we have to face it, deal with it. ICOs are risky, a lot of scam etc. With KYC we will have more fair distribution as well as more chances to have more institutional money inside. Which would be pretty good for the whole future crypto economy.

KYC will reveal your real identity. I don't think that to be required in bounty participants to claim the rewards. It can be useful only to those who invest in the ICO for the security. It will be hard for the participants to claim if ever because not all has a valid ID to be use. Like the minors who able to join in the bounty.

Invest your money and has been rewarded for it or invest your skills and also being rewarded for it. Either way identification would be good to prevent botnets from bounties. Just watch what is going on with twitter/facebook bounties. Most of them are dead already because some jackass did 10-30 accounts and automated it. It nearly useless for the company and also bad for other participants. Identity is the key to prevent it.

[ArabianStars]

I don't like it as a most of us. But we need to see the whole picture before making some loud statements. We need regulation for ICOs. And most ICOs are securities. Yes, they trying to avoid this but most regulators think about it like securities. And we have to face it, deal with it. ICOs are risky, a lot of scam etc. With KYC we will have more fair distribution as well as more chances to have more institutional money inside. Which would be pretty good for the whole future crypto economy.

KYC will reveal your real identity. I don't think that to be required in bounty participants to claim the rewards. It can be useful only to those who invest in the ICO for the security. It will be hard for the participants to claim if ever because not all has a valid ID to be use. Like the minors who able to join in the bounty.

Invest your money and has been rewarded for it or invest your skills and also being rewarded for it. Either way identification would be good to prevent botnets from bounties. Just watch what is going on with twitter/facebook bounties. Most of them are dead already because some jackass did 10-30 accounts and automated it. It nearly useless for the company and also bad for other participants. Identity is the key to prevent it.

While I agree that this is a great way to prevent botnets from participating in bounties and defeats the purpose of campaing, I also have a little problem when it comes revealing identity. I don't really agree that bounty hunters should participate in KYC, since they are those that promote the project and the system already has mechanism to prevent botnets from functioning.

But really, I understand what you mean and I support you against botnets. But only where it is appropriate.

[sasa0220]

I think it is importnt to identify the authentisity of the project before participaing. If the project is a authentic  then they may require the KYC doument as they need to comply with the regulations. Polymath is such a project that they distribute all the tokens as airdrop.
So i think better to check the the authentisity of the project before trusting and joining the project

[shooleh]

Until recently I had a one-time gain of projects that use KYC, and I graduated in charging KYC. And I think if you find the project that uses the KYC was not a problem. But it also depends on the respective personal willing to share information or not.

[hanadaya]

The pay hunters should give KYC all the fun of participating in a decentralized and anonymous atmosphere. You understand the concerns of companies that they want to know about the people who participate because they do not want bots or spammers. We all know that doing things on the internet is very risky if we do not have knowledge about it.

[FsJsxy]

I also do not understand why to check documents from bounty campaigns, we are not investors ... Especially often the amount of reward does not exceed 100$

[JohnWick_Bitcoin]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about the this but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. This was used to review the investor and make sure they're credibility and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

In my own opinion, asking for kyc after the bounty ends is like a fraud because they will know that there will be lesser participants if they will implement a kyc for the bounty hunters as well so ico's who are not implementing a rule of kyc before the bounty starts is like a scam for me.

[roshanface123]

Yes i completely agree with your point but some scenario it looks legit but i submitted KYC for some projects . Now i am really regretting for doing that . I am in fear of misused my personal thing . I think KYC submission is far if the ICO also required KYC . Atleast they will understand participants locality . Like lots of ICO restrictred in USA.

[Bostonias]

Kyc is a good thing to get scammer! Many scammers steal bounty hunter's information and they just use those! Kyc is a thing to get them easily. But nowadays KYC is getting harder. And they just say after bounty end, that's why many bounty hunters even don't know! They should say at the beginning!

You are only thinking of it from the ICO owners point of view. If you are a regular bounty hunter then you wouldn't want your information put up online..

[chocolaty]

I totally agree with this. I know some projects that required its participant to comply on KYC policy and I think its very inappropriate because their job is to promote only. I think its a hassle to both the participant and campaign manager because first and foremost, the participant will risk his/her identity for it and second, verifying each participant's KYC status is tedious for the manager. In my own opinion, KYC policy must only be performed to investors.

[mak2017]

I think we will meet KYC process in 2018 more often as before, due to upcoming regulations mostly.
Some token are going to be a security and SEC will be definitely looking at companies with security assets.
Even when you don't invest and you're just a bounty hunter, sometimes rewards get quite big and in that case KYC procedure is normal in my view.
Its good to know who is performing your KYC, but this information is rarely shared with users, best and the most expensive KYC procedures are in Switzerland.
I don't do Airdrop that much nowadays, but KYC for an airdrop sound really silly.

[Vandewaerde]

LOL. People are madly angry when they know facebook leaked their personal activities. Then why easily release your information because of bounty

KYC - the project you do not know if they'll pay your bounty task. Even if they pay, the money received will be very tiny.

Very valid point. I tend to avoid this, unless the bounty and project are really worthwile

[ngavanngo22]

I think that KYC is essential but should only apply to investors because they invest money in ICO project. But with bounty participants, it is not necessary because they do not put money into investment As well as the cost of ICO Bounty is usually low, only about 5% of the total Token sold. Therefore, it is not necessary for KYC members to participate in the Bounty.

[runque]

Why more and more bounty activities require kec, this is very strange, and it is also very troublesome. In that case, many people cannot participate because of policy reasons. This is too unequal for a fair development world. Bounty is a job and it should be rewarded.

[waitforme]

I think that KYC is required for bounty hunters to be needed, for the project this will help the project get no trouble when the government requests to disclose the identity of the first Tokens owners from the project. For other chefs, it is easy to remove the cheater who will reduce the competition and quickly get many tokens.

[Casmiro]

I actually really like the KYC system because it can improve the security level of data validation. But for some reason this time a lot of negative responses about the verification system using KYC. many say the terms are very difficult or verified KYC but never be able to distribution. I myself have never done verification using KYC, because it is still quite new as well. Hopefully this KYC system soon returns to its original destination and primarily for the security system, not to complicate bounty participants.

[Yakapo]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about the this but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. This was used to review the investor and make sure they're credibility and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

as much as your concerns are legitimate, especially the fact that untrusted program can use your details to participate in fraud.  KYC is very unnecessary for bounty hunting, but again i don't see anything wrong with Filling and submitting these forms if you are a legitimate bounty hunter with nothng to hide of fear.

[mbah]

I think KYC can be usefull to limit abusers on bounties is a great way to do so but I really don't like share my data for few bucks. I really hate when managers ask for kyc at the end of the bounty and not at the start.

Yes, I certainly agree with this. Although often join in the bounty system KYC made quite a fuss really is. but I also sometimes like because of course participants with double accounts will be limited by the existence of this. However, it is the real function of the KYC as well I have too get it. that I am afraid of is if the data provided later can be misused.

[Vandemos]

I totally agree with this. I know some projects that required its participant to comply on KYC policy and I think its very inappropriate because their job is to promote only. I think its a hassle to both the participant and campaign manager because first and foremost, the participant will risk his/her identity for it and second, verifying each participant's KYC status is tedious for the manager. In my own opinion, KYC policy must only be performed to investors.

know you customer for bounty hunter may not be too important, but the regulation that will determine for clarity,
my own if wearing passport is very heavy, because not everyone has pasport

[Armstand]

I think that KYC is required for bounty hunters to be needed, for the project this will help the project get no trouble when the government requests to disclose the identity of the first Tokens owners from the project. For other chefs, it is easy to remove the cheater who will reduce the competition and quickly get many tokens.

This will eliminate or lessen the cheater, tho we all know that they can still join as much as they know how to pass the KYC, but at least they will be minimized in numbers since others don't find KYC better.

[Altcoindealer]

Personally, im not a fan of know your customers projects. I dont liek it to give my data away, especially not scans from my passport. So but if you investing in initial coin offerings, i can understand why they are needing this. So if i invest my money in a initial coin offering, i will make a know your customer process when its needed. But i totally do not understand why i should do a know your customers process when i participate in a bounty campaign? The kyc process are here to safe the project from ilegal stuff. Bountys are free give aways for the tokens, so why there a kyc needed?

[eggwardzxc]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about the this but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. This was used to review the investor and make sure they're credibility and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

I agree dude. I really don't like doing KYC since first of all, your information might used for bad doings(like you've mentioned above) Second, It's time consuming, Especially for students like me. I don't have IDs rather that school ID so I ended up using my parents informations which I don't wanna use.

[DarkBullet]

I am also wondering why some ICO are asking bounty hunters to submit KYC even if we are only promoting their project. They are giving their tokens for free or as a payment for your labor promoting their project. KYC for bounty hunters really is dangerous and prone for identity theft but unfortunately, some ICO only announcing it after the ICO. Still, we shall always do our own research with the project first before participating to avoid waste of time.

[kayvie]

kyc is good for me. it might lessen the bounty participants due to some users who uses multi accounts on the campaign, it is also to become fair to all users. you dont have to worry about your identity, because the identification you have submitted is on safe hands.

[Haunebu]

I think that KYC is required for bounty hunters to be needed, for the project this will help the project get no trouble when the government requests to disclose the identity of the first Tokens owners from the project. For other chefs, it is easy to remove the cheater who will reduce the competition and quickly get many tokens.

This will eliminate or lessen the cheater, tho we all know that they can still join as much as they know how to pass the KYC, but at least they will be minimized in numbers since others don't find KYC better.

What you said is partially true. The KYC program will obviously help in stopping cheaters to a degree, but eliminating them completely is laughable since cheaters and scammers will find some way no matter what in order to penetrate the system. I do not support the KYC program and don't provide my personal details to anyone since this entire program goes against the primary concept of crypto itself which is to stay anonymous while conducting financial transactions online. However, if implemented correctly, the KYC program can actually help out as I stated earlier though I still would never support it.

[meldrio1]

I don't like that bounty campaign that needs KYC in order to receive your bounty reward, I'm afraid that they use my identity for their illegal activities even they are legit ICO still no for me.

[geyayy]

In my opinion, KYC policy helps in ensuring the ICO's reputation. Why? Because it wants to make sure that its investors are credible and have clean records. Ofcourse they don't want their project's to have a bad name. I can also see the point of implementing it to promoters however it can be quite hesitating for them. I, myself, belong to the community of bounty hunters and I would not risk my personal info for an unworthy project, even more to a fake project. So to play safe, I'd stay away from projects that require bounty participants to comply on KYC policy. Data breach is a serious matter and i never planned to include my birthdays and place in those.

[bitcoin27]

yes when i heard kyc i thought its is risky because they can use our credential in the other. so it is some risky because they required to upload some identification card.

[Marsyam]

I want to say, The use of KYC to claim payments from bounty to me is not too complicated if the terms are not troublesome, I am sure if the identity we provide will not be used in a crime.But now more difficult KYC. And they just say after the bounty ends, that's why many gift hunters do not even know.

[fortelen]

What we are worried right now one of them is this, passing KYC for the bounty participants.
We know that it is also part of identifying the people included in the project community. But, It's really that I feel worried about the security of my identity so far. I join a bounty and it requires the KYC and then I submit it. yeah, I got the rewards so far and it is legit. Now, what I expect is only the security of my identity is really kept safely, not used in the illegal terms by the irresponsible people over there.

[ciciliacrypto]

yes it is not bad ,KYC aka know your customer is part of the regulation we all be witnessing alot  of things happens in the financial world.it is needed!

[Kunlejoe0]

Kyc to receive bounty reward is strategy and scheme  of denying bounty hunter their reward. There are many rules and impediment already that will reduce your reward if you are a bit negligent why adding more to it?

[ThachSanhTp]

I even don't want to provide my KYC document (government ID, driving license...) to trusted companies such as Facebook or Google. Why you want to provide such that documents to thousands of team/project/ICO in the market. Facebook still cannot protect our data so how these small company can do??

[Rejinx]

It seems to me that this is mainly due to the requirements of regulators. Even if these requirements are unspoken

[criz2fer]

In my opinion, KYC policy helps in ensuring the ICO's reputation. Why? Because it wants to make sure that its investors are credible and have clean records. Ofcourse they don't want their project's to have a bad name. I can also see the point of implementing it to promoters however it can be quite hesitating for them. I, myself, belong to the community of bounty hunters and I would not risk my personal info for an unworthy project, even more to a fake project. So to play safe, I'd stay away from projects that require bounty participants to comply on KYC policy. Data breach is a serious matter and i never planned to include my birthdays and place in those.

But in the end, many are not in to the KYC requirements. Most of them are afraid of exposing their identity. This can be used illegally. For a really bad doing, they can even make kidnap your family for ransom if they trance your overall transaction you are using. That's why I'm not joining bounty campaign that requires KYC.

[happyme1818]

I still consider it as a FRAUD  by their team because they know that if they announce that there is a KYC in bounty participants, nobody will join their campaign. One of the fraud campaign that I talk about is PIKCIOCHAIN. KYC is only for ICO investors and not necessary for campaign participants and if they still insist KYC, they need to post it at the beginning of the campaign. It is a clear deception for the bounty participants and they can also do it to their investors.

[vitimers]

They might be asking this because some people are creating multiple profile to participate. Admin is against implementing this on the forum registration.

[CAPT.DEADPOOL]

I think it's no longer a kick to pay the bounty just to get the reward knowing if other kyc picks are being used to verify in other accounts so we are careful with those who are taking the kyc

[sayboo999]

Identification is required often now ... I am not a supporter of this approach. Anonymity is important for crypto

[Emilyp]

I think KYC is good to stop people having multiple accounts in a given bounty. Also I will suggest that those bounties clearly specify their terms during the bounty campaigns and not after the campaign to avoid some people who don't like doing KYC miss out on their pay.

[Olajide Olaoluwa]

For me I would say KYC is good to receive bounty awards because it will help the team to fish out the spammers and those with multiple accounts. It's good.

[Casalania]

I do not know to myself if I am against on kyc or not, but sometimes I find it good and its my advantage to earn more since a lot of users who used multi accounts can be removed, it is also to become fair to every participants of the bounty campaign.

[Marlyn1]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about this topic but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. then they will not going to allow you to invest in their project,  This was used to review the investor and make sure they credibility of the investor and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Identity Theft
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want you to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

I have read an article of a bounty manager stating that he need KYC for bounty hunters because there were too many cheaters that want to take advantages of the situation. One of the modus by cheaters is applying multiple accounts in a single campaign.

[rammanbl4]

I do not mind that the bounty hunters passed the KYC, as I am sure that I will receive my coins and receive them in full. And all those campaigns that spend KYC inspire confidence.

[dtimmy]

For me using KYC to receive bounty rewards is good. Because the management will be able to detect some spammers and those people with multiple accounts so they won't be able to receive rewards.

[BitcoinGuruOne]

Kyc to receive bounty reward is strategy and scheme  of denying bounty hunter their reward. There are many rules and impediment already that will reduce your reward if you are a bit negligent why adding more to it?

No, it is not a scheme. most of the legitamtie ICOs has to comply with the regularity laws thus they have to idenitfy their " customers" in order to that. If they dont they risk of getting in big trouble.

Right now the NEW DATA regulatrion is in the place that means that Eu citizens can reqauest Their KYC data to be deleted if they fail so they ar risking fines up to 20 million in Eur

[avirdoz]

Fully agree with the author of the topic. Bounty hunters have nothing in common with investing in the project. Cryptocurrencies seek security and anonymity and this completely contradicts the principles.

[cryptogeek101]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about this topic but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. then they will not going to allow you to invest in their project,  This was used to review the investor and make sure they credibility of the investor and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Identity Theft
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want you to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

I think the idea of KYC is very strange in the bounty hunting business because it negate the ideals of our great founder Satoshi Nakamoto who proposed the policy of financial decentralization. What the bounty hunters need to do in this case is to be very much careful with their documents because not all projects are valid.

[Walter789]

I think KYC is not just too bad at all, we know that Kyc is for the security of some projects but not for investos so I think it is not for the bounty hunters. At this time there was several bounty campaigns requesting KYc even in bounty hunters. And as ar as I know kyc is for investors only if they want to invest money to  particular projects.

We all know that giving for identity for those people you didn't know is a crazy thing. Maybe someday when you wake up someone's knocking in you door and giving you a list of debts to the bank and name after you. It is a sad moment but could be happen in reality so don't trust always a bounty campaign with kyc make sure if this bounty campaign is legit and not a scam. Use your knowledge always to avoid evil Peron's.

[Bren Briones]

I agree with all who replied in this topic that it is not good to ask KYC for bounty participants. I think it is not necessary to ask personal details for bounty campaign participants. For investors it is necessary but for us, the workforce behind the success of their ICO, I think it is unnecessary. But since they are the project owner, they can do as they wished so we have to comply on that.

[bitbollo]

KYC Is really far away from bitcoin. This is why bitcoin is free for everyone, without borders, identities, or any limit. Some KYC are pretty useless because token can be traded on dex exchange as any erc-20 token.
Most of bounties are literally paid a couple of pennies.
Its really worth provide personal data / document to perfect strangers?

[Drfalcon]

Projects built on data require collecting as much data as they can. So, if a project collects data, they usually want KYC. There are even projects not only for bounty, but also for airdrop. As mentioned, sharing personal information can be very dangerous. For example, the Shivom project requires KYC, as well as a passport. I've spent a lot of time with Shivom, and now I will not get awards. This is a big injustice.

[wnj4]

I even don't want to provide my KYC document (government ID, driving license...) to trusted companies such as Facebook or Google. Why you want to provide such that documents to thousands of team/project/ICO in the market. Facebook still cannot protect our data so how these small company can do??

Well said, I follow this principle I do not provide my personal data to any companies or individuals I do not know anything about them ever.

Projects built on data require collecting as much data as they can. So, if a project collects data, they usually want KYC. There are even projects not only for bounty, but also for airdrop. As mentioned, sharing personal information can be very dangerous. For example, the Shivom project requires KYC, as well as a passport. I've spent a lot of time with Shivom, and now I will not get awards. This is a big injustice.

they're for sure a big scammer. they should have mentioned this among the campaign's rules in the first place.

[SpringfieldM1A]

Things like this should be regulated seriously. Guys, here's a crazy idea but hear me out. We're the rightful authority when it comes to cryptocurrencies. (When I say we, I mean the btctalk.org community) And if there will be a court like regulative system that will ban or greenlight ico's, this should be done by us. After all we're the first ones to see when a project is launched, we're the first ones to see when it's labeled as a scam and usually we have good reasons to label as a scam but sometimes, just shit fud is lowering the reputation of a good project.

The idea is that the court decides whether a project is scam or not. This would benefit the market even more, as the decision doesn't have to be cease & desist. Some projects might be promising with some flaws and the court could encourage the project team to fix those flaws.

The other thing court would be useful for is that it gives a chance for a team to defend themselves, they might mean nothing bad but sometimes shit happens and getting labeled as a scam just because a misunderstanding is just unfair.

So... Let's build a court!

[chaoscoinz]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about this topic but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. then they will not going to allow you to invest in their project,  This was used to review the investor and make sure they credibility of the investor and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Identity Theft
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want you to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

The answer will never be a straight one, because a line of division is drawn when it comes to centralization and decentralization.
Many feel that centralization within the crypto sphere, is benign, defeating what purpose Bitcoin was originally founded upon.
Others like myself, feel that a degree of centralization is neccessary, even required for crypto in it's current state of affairs to be successful.
   The blockchain has created an entire ecosystem of a decentralized market. Project after project is being created to add towards the crypto space. So many ideas, meshing together. It was only a matter of time before parliament would decide to get along. Now that the governments have had their say so, the price fell from it's all time high.
   Patients is the only thing needed at this point and time. Expect more regulation to come, this is the year they've chosen to act upon immediately.

[Cocoincos]

I am thinking about it, and I agree with KYC - where we say our country and email, and thats all, why more? where is decentralization?

[temilade200]

KYC for bounty participants is like restricting the involvement of participants in such project, because personally, i do not like the issue of KYC for bounty participants who have given their all or are about to give there time and other resources, in promoting and supporting the project. KYC should be strictly prohibited for bounty participants.

[Boristhecat]

Nobody likes KYC (and I do not see any reason to spend it for bounty hunters), but companies are trying to protect themselves from all possible legal problems, so they are often too tough on this issue. I try not to participate in campaigns where KYC is mandatory.

[jooj]

Nobody likes KYC (and I do not see any reason to spend it for bounty hunters), but companies are trying to protect themselves from all possible legal problems, so they are often too tough on this issue. I try not to participate in campaigns where KYC is mandatory.

Maybe this good if they mentioned that requirement from the start of the campaign. in the rules required for the campaign.

- Who agree to submit their personal data to any person or company, Why entered the world of cryptocurrencies ?

- do you guys submit KYC for each project has kyc required, when you trade any scrutiny tokens on exchanges?

[Spaffin]

I have not yet seen the ICO team demanding to pass a KYC check, referred to any regulatory legal acts that give them the right to demand from us as participants in the generosity campaign of their ICO project, the right to conduct such verification. Not state bodies, but civilians, often being fraudsters, require us to provide our identification data and copies of documents, while themselves, in fact, remain unknown. The publication of photographs showing the name and surname does not prove anything.

[Kolya albina]

I also asked why bounty participants were asked to give KYC, I argue for bounty participants should not be required to give KYC because they do not invest.

everyone will be suspicious and afraid that their personal data will be misused as if the participants of the gift are forced and powerless to oppose the giving of KCY, as participants expect payment for their hard work.

[aussiesloth]

There are basically one two reasons ICOs are asking bounty participants for KYC details.

1. Their lawyers advised them to do it, to ensure compliance with whatever regulations exist in the project's country of origin or intended country of trading.  ICOs don't want or need to go to the trouble of KYC if it isn't necessary, so they are only doing it because their lawyers state it is necessary.  It costs them money getting in highly-regarded third-party KYC processor.

2. Scam

You, as the participant, have to determine whether you trust the project.  Simple.

[dmitriy-saphv]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about this topic but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. then they will not going to allow you to invest in their project,  This was used to review the investor and make sure they credibility of the investor and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Identity Theft
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want you to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

Those ICO projects that ask for identity documents should give confirmation after the end that they are not scammers, this is confirmed by someone most likely, but even if they see my passport what will happen next?  they won't have nothing to do with him that I'm only what to put it on the Internet and mock me.

[Google+]

yes you are right if just to get paid bounty need to use passport and a very sensitive identity to be given as a requirement to get paid bounty seems very horrible because the data you provide can be used for bad things.

[onlyyou34]

I think KYC is right for bounty distribution. Multiple entries are blocked in this way.
We are all angry, but it is imperative to do this for fair distribution.

[Sandra999]

In my opinion, most times, I do not think kyc is important to claim rewards from bounties. The most annoying part is that, some projects do not talk about kyc until after the hunters must have finished doing their work, the project now announces kyc. That is not good. Projects are to announce this before the hunters start promotion.

At the other hand too, kyc is good too to eliminate multiple accounts

[bit..what?]

Since there are so many scams, i am against kyc. I can never be 100% sure who I give my data to.
That's why I give up on bountys demanding kyc.

[Carisba]

I  personally do not like kyc for bounty rewards because we can't full trust the team

[NewBet]

I don't think that know your customer at the end of bounty programs are a good idea because if we are being honest, a good percentage of these bounties have useless projects and people are just doing it in order to get some free money and not because they believe the project will do good so I don't feel good about giving my identity to some dead end company.

[jerimarsella]

Projects that use KYC mending if I did not participate because he feared the private data we can later be abused. I will be looking for projects that might be a time of payment do not use KYC. And I know the purpose of KYC is very good to reduce the multi-user accounts. And for projects that use the KYC is typically a larger result.

[Ronni]

For me, doing KYC is very risky because you will give your information to a group of people which you do not even know well, it is very dangerous because those information can be used in different things without you knowing it. I disagree with this KYC process being ruled to bounty participants too, you are right that "they are not investing", so why do you need to know their complete information and also ID. But in the end it's up to the participant.

[engesi]

In my opinion, most times, I do not think kyc is important to claim rewards from bounties. The most annoying part is that, some projects do not talk about kyc until after the hunters must have finished doing their work, the project now announces kyc. That is not good. Projects are to announce this before the hunters start promotion.

At the other hand too, kyc is good too to eliminate multiple accounts

This is like treating your KYC as a ransom and redeeming your bounty. Anyway this is unpleasant. Why is it not specified at the very beginning of the bounty campaign?

[MakeMoneyBtc]

It is very dangerous to participate in this kinds of bounties and I don't see a reason why they would need that information since everything is going on here on bitcointalk. It is very easy to create a simple website then start a campaign here asking for KYC and it cost you only a few hundred dollars but they can steal lot of information from people. When you send them photos with your ID or bills they can future create accounts on other websites and use your information there to verify their accounts.

[santiPOGI]

i do not want KYC to have in any bounties for myself, though we dont have a choice as most of the great bounties now required it.
sharing information with crypto community is not a good idea but this is what we are having now.
done 3 KYC already since i joined here.

[wpalczynski]

In my opinion, most times, I do not think kyc is important to claim rewards from bounties. The most annoying part is that, some projects do not talk about kyc until after the hunters must have finished doing their work, the project now announces kyc. That is not good. Projects are to announce this before the hunters start promotion.

At the other hand too, kyc is good too to eliminate multiple accounts

This is like treating your KYC as a ransom and redeeming your bounty. Anyway this is unpleasant. Why is it not specified at the very beginning of the bounty campaign?

I've had this too with Globitex bounty (the worse bounty I've ever had to deal with).
At first, it was specified that they did not need reports, and no mention of KYC.
At the end of the bounty, they changed and asked for both reports and KYC.
They also reduced the total allocation by 1/4 of the originally announced reserved funds, as well as changed the allocations between different bounties.
What should have brought me at least $2k (at ICO price) was only 300$ worth of tokens...

[prehisto]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about this topic but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. then they will not going to allow you to invest in their project,  This was used to review the investor and make sure they credibility of the investor and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Identity Theft
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want you to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

I have been there. It is an uncomfortable situation. in the end i went ahead and did the KYC, I researched about the company which is performing it and it checked  out. Since the KYC companies are the real data holders not the ICO project ( except when ICO decides to do it by them self which is shady), i felt okay with that. Also the project was quite reputable and it has been top10o ever since.

I also would recommend to be cautions and do your diligence.

[sateyaam]

to be honest I support the use of kyc for investors not for bounty hunter .kyc for bounty hunters  in my opinion is very troublesome because I think it is very dangerous because we send our personal identity, I am afraid the identity will be misused

[elisabetheva]

i do not want KYC to have in any bounties for myself, though we dont have a choice as most of the great bounties now required it.
sharing information with crypto community is not a good idea but this is what we are having now.
done 3 KYC already since i joined here.

since the existence of KYC I also experienced a bounty requires, but previously not informed before the start of bounty, but after the new information is given and I reject it, and I am including who always avoid when there KYC.

[duoduoshigexiaozhu]

i do not want KYC to have in any bounties for myself, though we dont have a choice as most of the great bounties now required it.
sharing information with crypto community is not a good idea but this is what we are having now.
done 3 KYC already since i joined here.

since the existence of KYC I also experienced a bounty requires, but previously not informed before the start of bounty, but after the new information is given and I reject it, and I am including who always avoid when there KYC.

It is because many KYC rules are announced after the bounty campaign is over. I think that for current bounty campaigns, bounty hunters should unite if a project does not clearly define whether KYC is needed at the outset. We should boycott this campaign until they have made a clear commitment.

[maxim4eg123]

I do not like KYC at all. It is dangerous to meet with fraudulent ICOs. They will have all of our important information and documents. And maybe they will sell it for some reason

[hastag_80]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about this topic but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. then they will not going to allow you to invest in their project,  This was used to review the investor and make sure they credibility of the investor and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Identity Theft
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want you to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

Definetly i 100% aggree all of your implication or statement about this happen in the bounty programs that in order to get your bounty rewards,you must past a kyc information of yourself that supposedly not a proper way,because someday this kyc thats we pass may we used against to ourself.actually i hate this kind of implementation of some ICO project development,but in order to get  those  rewards of my works in bounty participation,we must follow there rules even its not beat to our heart to do this kind of  implementation.

[mrcastelo]

I also dont like the Idea of KYC  for bounty hunters because they might use my  personal documents to fraud or identity theft. But KYC for investors is good so that it will lessen the use of crypto for money laundering purposes.

[elisabetheva]

i do not want KYC to have in any bounties for myself, though we dont have a choice as most of the great bounties now required it.
sharing information with crypto community is not a good idea but this is what we are having now.
done 3 KYC already since i joined here.

since the existence of KYC I also experienced a bounty requires, but previously not informed before the start of bounty, but after the new information is given and I reject it, and I am including who always avoid when there KYC.

It is because many KYC rules are announced after the bounty campaign is over. I think that for current bounty campaigns, bounty hunters should unite if a project does not clearly define whether KYC is needed at the outset. We should boycott this campaign until they have made a clear commitment.

agree with your opinion, but it must be a common courage to support each other that it has lied to the participants of bounty campaign, hoping this can give each other information.

[GreenPowerRanger]

I think know your customer services are totally unecessary! And i think if theres a Know your customers process for bounty hunters, this should be clear written on the first line in the bounty campaign thread. Otherwise its not permissible. Because i personally would never ever participate in a bounty campaign where a know your customer process will be needed. So boycot bountys with kyc or it will become standart in the future.

[BitcoinVSfiat]

They should not require KYC for bounty participants. Because bounty payments are advertisement costs. Do you require KYC for a TV channel or newspaper you want to advertise? That makes no sense. Everybody should protest KYC requirement for bounties. I don't join any of them.

[morkovka23]

yes, this is a good measure of control and it is justified, I have more confidence in the project when there is a KYC)

[Quincy01]

To be candid about this, I was not comfortable at first when I was asked of KYC as a bounty hunter because I thought KYC is for only those who are contributing or investing for the project, but I had no choice than to give my information in other to receive the reward for my hard word. In conclusion, I really think KYC should not be used for bounty hunters, I am totally not in support of it for bounty programs.

[elisabetheva]

I also dont like the Idea of KYC  for bounty hunters because they might use my  personal documents to fraud or identity theft. But KYC for investors is good so that it will lessen the use of crypto for money laundering purposes.

If such an opinion I strongly agree, that for the bounty hunters certainly do not need to be obliged to KYC, because after all the identity is very secret and the possibility to be misused can happen and who can to control it.
if as an investor may be required and appropriate for avoiding financial misuse.

[shaheer001]

You are absolutely right,KYC should be for only big investor not small investor neither for bounty hunters. But unfortunately almost all bounties now want to pass KYC. which i think illegal.

[oioi]

I just passing by in the Bounties(Altcoins) section to find some good project and participate to one of their campaign and there's one campaign I've visited and asking for KYC in order to receive the bounty reward.
Actually I've seen someone asking in the meta section about the this but I forgot where was it.

Well I will just going to give my opinions about here in the altcoins section because I know most of the participants of the bounty programs are posting here.

KYC (Know Your Customer)
A KYC (Know Your Customer) is used to ensure that the people who're going to invest to a project are qualified for example they have a record about criminality, immigrants, etc. This was used to review the investor and make sure they're credibility and also KYC is used to fight money laundering.

Now let's go back to the topic. I've seen some bounty programs that's asking for KYC documents in order to receive bounty I don't think it's necessary to ask KYC Documents from the bounty participants because:

1. They don't Invest in the project.
2. There's no need to ask for the credibility of the user for promoting their project.

However I've seen some people are still participating in the bounty program, I just want to know you the risk you're about to face when you submit a KYC document to a untrusted project/program:

• They may use your details to fraud.
• You may be accused for something that you didn't do.
• Etc.

Well all in the KYC documents are your personal information and It can be used to different illegal things. But after all it's the decision of the participant if he/she's going to submit KYC or not. I just want to be aware guys that you should be responsible for choosing what program/project you're going to join.

PS. I didn't say that the bounty project that's asking for KYC is scam or any fraud related, I suggest to study the project itself first as well as the team behind that.... and the reason why they need your KYC document for participating in their bounty program.

this is absolutely right, I also wonder why recently many ICOs are applying KYC to bounty participants, maybe someone knows the reason about this? it makes me more careful in choosing a project because I don't want my personal documents to be misused

which is obvious with the KYC for those who participate in the prize program to avoid
double accounts following the rewards program, so no greedy words by following KYC
we can only follow one non-twist account with multiple accounts.

[mammoniter]

Doing KYC verification is removing the essence of decentralized in the cryptocurrency. I can not able to understand why they need a KYC for a bounty or airdrop. Well, some of ICO required a KYC verification for security purpose. But Personally, It is a sign of inapplicable the team about security.

True, if they want to regulate the participants and to avoid spammers there are a lot of ways to do that. Specially if a campaign plans on having a KYC to recieve their bounty rewards then they should have put the rule in the first place instead of surprising the participants at the end of the campaign that would've not join in the bounty if they knew there will be a KYC requirement.

[kolrbert]

I really do not like kyc for some reason, because I just bounty hunter. why should a bounty hunter like me have to submit my personal data? very dangerous . I really do not agree actually

[Evgeniy18582960]

Honestly, I do not like KYC because in many of them require to produce personal documents, this is quite dangerous. there are companies with KYC that are scum.

[CoinEraser]

I can only agree and I also do not like kyc. There are just too many fraudsters and it's hard to spot them first. I do not want to give my data to such people. Therefore, I decline at bounties kyc. In any case I will not participate in bounties with kyc. 

[Blowon]

I really do not like kyc for some reason, because I just bounty hunter. why should a bounty hunter like me have to submit my personal data? very dangerous . I really do not agree actually

KYC is required for people directly related to ICO's project, such as investors and bounty participants. the project developers also have an obligation to obey the laws of their country. because ICO and bounty are restricted in some countries, that's why developers require verification of KYC so that no participant of the restricted country

[trudovik]

Passing the KYC procedure in order to just get my tokens it seems to me very wrong, because this should be prevented from the beginning, if this warning was not, then the developers have no right to demand anything.

[azzag0000]

Some ICOs require verification of KYC for the purpose of democracy. what I do not like is that some gift projects do not tell you beforehand that they will need a KYC to reward the participants so they can get paid for their work. I think KYC can be useful for removing information that allows you to really not like sharing data for a few dollars.