Bouty and KYC

[BADBITCH]

KYC has recently been asked to finish the bouty program. This makes it difficult to update people's information. For example, participants did not update information, or some people were afraid of giving out their information because it was confidential, or some KYC could not be updated because of some program error. .
With all the above reasons, participants do not have a bouty so they do not even have their tokens, although they have devoted a lot of their time to working for a long time.
I think the bouty manager should announce KYC as soon as it launches the bouty program instead of announcing it at the end of the program. This will allow participants to prepare KYC from the beginning.

Nowadays it is stated at the beginning of every program that there will be kyc
But for me as a very inquisitive person, I go to the bounty telegram chat first and then I inquire if there is kyc (know your customer) before I embark on the project

Because sometimes I’m opportune to join bounties with kyc
And sometimes my schedules does not permit me such time

Most importantly doing research about bounty programs are good, it informs us what to do regarding kyc
If the program is worth it, yes kyc is good
If the bounty is not worth sorry no kyc

[max fray]

KYC has recently been asked to finish the bouty program. This makes it difficult to update people's information. For example, participants did not update information, or some people were afraid of giving out their information because it was confidential, or some KYC could not be updated because of some program error. .
With all the above reasons, participants do not have a bouty so they do not even have their tokens, although they have devoted a lot of their time to working for a long time.
I think the bouty manager should announce KYC as soon as it launches the bouty program instead of announcing it at the end of the program. This will allow participants to prepare KYC from the beginning.

One of the projects I participated in announced KYC before the beginning of the second phase of bounty.
Well I personally did not experience any problems with passing KYC and was approved in a couple of hours. So I wonder what is the problem everybody has about giving their ID and a selfie?

[posi]

In some cases, the requirement for KYC identification procedure arises later, this may happen as a result of new legal requirements or a change in the opinion of the project's lawyer.

You're definitely right because the KYC issues arise last year during the time of crypto currency high traffic which literally leads to a lot of crypto currencies traders/investors been scam through fake ICOs and ROI investment. So, KYC was implemented by the US SEC and senior regulators which I believed they are trying to track crypto currency user cause the ICOs/crypto investment company are those that ought to be register or have license in other to protect the crypto traders/investors. However, most bounties from EU don't ask for KYC.

[Glen1989]

I fully agree that we need to talk about KYC at the very beginning of the company. I often went through it , and a couple of times just did not know that it needs to go and just happened to have done his job in vain . This is very upsetting

[2fresh]

In some cases, the requirement for KYC identification procedure arises later, this may happen as a result of new legal requirements or a change in the opinion of the project's lawyer.

You're definitely right because the KYC issues arise last year during the time of crypto currency high traffic which literally leads to a lot of crypto currencies traders/investors been scam through fake ICOs and ROI investment. So, KYC was implemented by the US SEC and senior regulators which I believed they are trying to track crypto currency user cause the ICOs/crypto investment company are those that ought to be register or have license in other to protect the crypto traders/investors. However, most bounties from EU don't ask for KYC.

KYC is for investors, not something that has to be enforced on people that do some promo work for you. That's something people need to understand.

[Lillian4real]

These two are really different things. KYC is also known as Know Your Customers which is meant for investors to fulfill before getting their tokens. In essence, bounty hunters are no investors and should not participate in KYC.

[Kristina3456]

it is very unpleasant when you need to go through this procedure, which you did not know at the beginning of the company. It is at least weeds out the scams and double accounts, but he brings a lot of headaches fair participants

[Madagaskar]

I am generally against this procedure and believe that it contradicts the concept of crypto currency as such. I have already gone through several KYS procedures for companies and not all of them say ahead of time. It is unpleasant.

[MargoGolova]

Not so long ago, this procedure was included in the cryptocurrency, and so much caught in it. I increasingly run into her at her work and I found that very annoying. I do not mind to provide your data, it's just a very long and tedious . Maybe something goes wrong and you get nothing for your work .

[Pasaway2701]

I do not like when asking KYC to get earned tokens for Bounty. when you work long and then you find out that you need to go through it, then you have to. but if I know about it at once, I usually do not take it bounty

It is hard to join bounty that require KYC because not all have valid ID to verify the accounts. I do not have that the reason why I do not choose that kind of project. KYC is good only to those who want to invest on the project for the security. As a supporter and wanting to earn tokens for our service, we do not need KYC because we can be trusted without it.

[valter_dego]

I absolutely agree with you, if in bounty company provides for passage of KYC, bounty Manager should announce this at very beginning of company. B / M must coordinate this issue with leadership ICO company, on behalf of which he makes  bounty.

[Miklight88]

It is very annoyed to have put so much on a project and at the end you asking for KYC , that alone show how that project is not trustworthy and having KYC for bounty is also just out of if , because I don't know why I should give my details to you all in the name of buying your token with my money or using my time to help promote your token when it has not even be stamped that is a good project or will be one and more this is a decentralized technology which yet has no regulation or what so ever and I don't think KYC is even need to be think about , if the token get listed on exchange does that mean the only people to have KYC will eventually trade it capital NO , so I don't even support kyc when it comes to ico or bounty but only an exchange which I a centralized are ok to give to.

[geminiboy]

It would be nice if every program has a KYC. In that case we wouldn't see as much participants as we can see nowadays. It's really nice to know that no one can use multiple accounts and KYC is helping us to do that.

maybe you are wrong, in this forum there are now rules of merit, this regulation is enough to prevent people from using many accounts in the bounty, KYC on the counter bounty is very unfair, KYC is actually used for investors to prevent money laundering transactions

[canaveralnonie]

KYC has recently been asked to finish the bouty program. This makes it difficult to update people's information. For example, participants did not update information, or some people were afraid of giving out their information because it was confidential, or some KYC could not be updated because of some program error. .
With all the above reasons, participants do not have a bouty so they do not even have their tokens, although they have devoted a lot of their time to working for a long time.
I think the bouty manager should announce KYC as soon as it launches the bouty program instead of announcing it at the end of the program. This will allow participants to prepare KYC from the beginning.

Why it so hard to you to send KYC?, all the problem that I see if you have a multiple accounts. Or you just want to hide your real identity because you are not proud on what you did as a bounty hunter?

Waiting for your answer...

[Mrking112]

Indeed, I am very afraid to participate in bounty projects that require KYC, as this is important personal information, should not be known to others. They can use them for bad purposes.

[Afteryou56]

There are projects that require KYC while others do not. In fact, it has both positive and negative sides. To be aggressive is to avoid the spam, cheat account to the campaign, the negative side, we must be clear when our personal information can be used for another wrong purpose.

[hanadaya]

I think KYC thinks it's very good at avoiding fraud, and this really helps to reduce the fraudulent actions of bounty participants.Maybe in the future everyone's info will upload online and you will do KYC easily.

[shendy]

Actually, this does not need to be complicated for the bounty, the bounty must continue to prepare KYC even though it is not requested by the project manager. And it has become a matter of no surprise that the KYC problem is, at least and it is better that the bounty prepare early before entering the project participants.

[Cemploon]

KYC and indeed also the bounty has a pretty tight relationship. Moreover, this KYC often help in the success of a bounty. Typically these additional KYC is required as security. because of the bounty with this KYC I value more safe and reliable.

[piaomar]

kyc is the rule in a bounty for investors or bounty hunters. we know that the rules in a bounty must be followed, so we can join into it. so many people questioned about kyc and I think they have a reason for that, one of them is the lack of complete identity that must be collected.