KYC to receive bounty rewards.

[ArkiCrypto]

KYC

[1715033226]

1715033226

[1715033226]

1715033226

[1715033226]

1715033226

[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.