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Author Topic: BOUNTY PARTICIPANTS DON'T NEED TO PASS KYC  (Read 484 times)
bit..what?
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May 20, 2018, 02:47:42 PM
 #41

Actually kyc is a good thing but because of all the scams out there, i refuse it.
I will not participate in any bounty campaign that kyc demands. I prefer to do without it.

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Rosemarie Carizo
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May 20, 2018, 03:16:16 PM
 #42

I think because some of the participants joining with multiple.accounts and.some are bots
Nidhi Bhatia
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May 20, 2018, 03:20:37 PM
 #43

I don't think its an issue. Everyone can easily go through from KYC. Its simple and not too time consuming. Most of the Bounty campaigns demand KYC these days. Everyone should be clear all the rules of the bounty campaign.

duchaitp
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May 20, 2018, 03:22:14 PM
 #44

I agree with you. I do not like KYC for the bounties campaign. It is not necessary because the bounty hunter is not an investor.
gerbas
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May 20, 2018, 03:25:49 PM
 #45

I totally agree with this everyone here, we bounty hunters shouldn't need to fill a KYC.
Just as mentioned before, we don't get the coins from purchasing it, but we are getting it because it's a reward from the job we've done.
anjohyx
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May 20, 2018, 03:36:33 PM
 #46

Not only bounty participants need to pass the KYC to receive their rewards, some free airdrop also need to do that, I'm confused and I won't join that airdrop, anyway, just hope for ICO project don't need bounty participants pass the KYC, but sometime work for 2 month and told us need to pass KYC, what should we do? Burn 2 month work or pass KYC? We don't have any choice ...

athiftammam2018
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May 20, 2018, 03:45:06 PM
 #47

Yes, I think that's true. should not a bounty hunter need to fill out the KYC form to receive our token. Actually KYC is required for investors who invest in the project to find out the original identity of the investor. But I hope there will be no case of data abuse from KYC because investors will definitely be harmed by this sort of thing.

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miyaka26
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May 20, 2018, 04:07:42 PM
 #48

You are working with the tokens not investing plus if you are a citizen of a country that is not prohibiting to participate to the ICO then it is valid to stay low in your profile then the allocation percentage in the legit bounties are not that much compared with the developer's shares and investors, approximately 2% to 5% of the total amount, this should discuss at the beginning of the campaign not after when we are waiting for the payments.

andiko
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May 20, 2018, 04:12:15 PM
 #49

i support KYC, as it allows delete multi-accounts and increases the reward of honest participants. The only thing is, it must pass through a simplified scheme, without providing a lot of personal data.

r0nin87
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May 20, 2018, 04:14:54 PM
 #50

such a situation, participated in the Bounty Company, did KYC.  A bounty company deceived everyone and did not pay the counter, but our data is already with them.  Confirm your identity - this already contradicts the laws of the crypto currency.  The world idea of ​​crypto currency is anonymity !!!
TheNextChampion
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May 20, 2018, 04:21:20 PM
 #51

I don't like campaigns that are asking kyc to their bounty participants especially if they change their rules at the last part of the bounty. I know kyc is important but it does not apply for the bounty hunters because they are the one promoting the project and not investing. The risk also of doing kyc as a bounty hunter is big as they may sell our information to other people which is bad.

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finaleshot2016 (OP)
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May 20, 2018, 06:23:34 PM
 #52

I don't think its an issue. Everyone can easily go through from KYC. Its simple and not too time consuming. Most of the Bounty campaigns demand KYC these days. Everyone should be clear all the rules of the bounty campaign.

Mr Newbie, it's a very big issue Smiley You're taking it literally that we can easily go through or passed this KYC. You don't get it, the point is the private information we shared to them is very risky Smiley Stop spamming if you don't get the point.
trash321
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May 20, 2018, 06:26:59 PM
 #53

I fully support this statement and I think that it is not legal in principle to require KYC for bounty hunters, because today KYC does not apply to bounty hunters, still I think that all projects should understand this.
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May 20, 2018, 06:30:34 PM
 #54

I think it should not be obligatory for every bounty participant, should be so only for those who get more money than a determined amount of money. some bounties are so.

HighlanderMonk
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May 20, 2018, 06:31:18 PM
 #55

O man, such a nice post! Thank you. I have just started to do bounties and this word KYC was making me crazy. Thanks, if i would have a merit i'd give it to you Wink
zhpool
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May 20, 2018, 06:36:47 PM
 #56

I agree on the fact that bounty participants should not require to pass the KYC..there is no logic behind this...But again this is the decision of that particular company,manager or ICO..But they should make it clear at the very beginning of the campaign

grchina
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May 20, 2018, 06:42:59 PM
 #57

Yeah i get your point about security concerns and i wouldnt be supprised at all to find out that some of icos pulled out an exit scam and sold out all the infos they collected and id on black market.On the other hand there are a lot of bots/multii accounts that abouse the bounties and filling kyc is one of the ways how to fight that
opeakande
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May 20, 2018, 06:53:26 PM
 #58

I don't see the relevance of KYC to bounty campaign. It is just a waste of bounty hunters time as KYC is to allow you know your customers or investors to ensure that they are not fraudster, criminal or money launderer.
crustycrab666
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May 20, 2018, 07:00:11 PM
 #59

I agree if there is a bounty project that requires KYC, it is very effective to deal with cheaters and breaking rules. But, it should be explained at the beginning of the project, so for those who agree or not on this condition can choose or ignore the project.

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MikeyVeez
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May 21, 2018, 07:15:19 AM
 #60

I agree if there is a bounty project that requires KYC, it is very effective to deal with cheaters and breaking rules. But, it should be explained at the beginning of the project, so for those who agree or not on this condition can choose or ignore the project.
Yeah, probably the best option, but again sending ID cards to the untrustworthy ico is very dangerous, we need another way how to prove our identity.

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