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Author Topic: Bouty and KYC  (Read 2814 times)
Jericka D Ranillo
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August 30, 2018, 04:25:31 AM
 #201

Some bounty campaigns have this issue of late announcement of KYC program. I have opinion about this, since i have one bounty campaign which is ended successfuly but bad news come in. "For all bounty hunter, kindly pass your kyc documents". I do not get any reward since i dont have any to pass in, well im not too disappointed since im just social campaign participant but im quite pissed of, what if i do signature campaign.

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JQCrypto
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August 30, 2018, 04:31:38 AM
 #202

Most Bounty does not require KYC to get the reward.
And of course I will never join Bounty that requires KYC documents - Keep your private data safe.
Do not "Sell" your sensitive information (Government ID, full name, birthday, Passport...) for some penny.
bunmilove
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August 30, 2018, 04:43:45 AM
 #203

Most project that goes through kyc doesn't require for kyc from bounty participants before they can get their token or coin
cryptodammy
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August 30, 2018, 04:45:56 AM
 #204

I don't really believe in this thing call know your customer (kyc) so I always ignore projects that ask for kyc because I am not a fan of it
Vargum
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August 30, 2018, 04:56:32 AM
 #205

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.

I also think that KYC should be warned in advance, not at the end of the campaign bounty. As a rule, the bounty takes more than one month and it will be insulting that in order to get your honestly earned coins, you must provide your confidential data

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rachelia13
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August 30, 2018, 04:59:34 AM
 #206

I agree with you that KYC should be announced at the beginning of the bounty, but maybe  the bounty managers themselves don't know KYC is requires for bounty hunters from the beginning until the end of the bounty.  It's all decided by the developer team that there is a KYC required. I often experienced this, and it doesn't matter in my opinion. The decision in our hand as a bounty hunter, whether we want to do KYC or not. In order to not miss any information related to bounty including KYC, we as bounty hunters have to read frequently any information in main telegram or bounty telegram.
Rhaizan
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August 30, 2018, 05:00:26 AM
 #207

Most Bounty does not require KYC to get the reward.
And of course I will never join Bounty that requires KYC documents - Keep your private data safe.
Do not "Sell" your sensitive information (Government ID, full name, birthday, Passport...) for some penny.

You are right. Don't try to sell your information because it can used to bad thing, I also don't want to join in bounty that need kyc because you don't know what they will do after they recieved your personal information.
cryptoAB
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August 30, 2018, 05:09:53 AM
 #208

I don't think KYC is really necessary for a  bounty in my own opinion and I don't really think bounty managers should take bounty serious more than necessary on their influencers
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August 30, 2018, 06:45:38 AM
 #209

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.
Yes you are right, but I do hate KYC when it comes to things like this; bounties! The reason is because some of these are not genuine and they can sell your information on dark web.

The main problem is that I don’t even know what exactly these people do with users information, I don’t know why they even sell it, but whatever reason for that, I believe it is very bad and can lead to several problems which is why anyone giving out their information should be very careful these days.

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firmino10
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August 30, 2018, 06:55:56 AM
 #210

I actually do think the same thing, I one time witness my friend struggle with the kyc issues but luckily for him, he overcame it. In feel it should also be announced much earlier so as to not inconvenient and create problems for people.

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Andrasreti
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August 30, 2018, 07:18:39 AM
 #211

If there is going to be kyc. Those 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.there are some scammers in moneytoken bounty. That make the manager launch kyc when its time to distribute the bounty rewards. A lot of people were left aside. So kyc if necessary should be announced in the beginning.
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August 30, 2018, 07:23:48 AM
 #212

If KYC has been told since the beginning of the Bounty at the start, of course, it very well. Because that way the participants of this project is to know when to use KYC. So if you already know the course they can decide from the beginning will join or not. And those who will join certainly have prepared from the outset to conduct KYC.
Lillian4real
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August 30, 2018, 07:26:20 AM
 #213

KYC is the acronym of Know Your Customers, which means it is only meant for customers and since bounty hunters are not customers, I don't see any reason why they should pass KYC before they can get their token.
Callanta787
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August 30, 2018, 07:27:02 AM
 #214

I completely agreed to the facts that KYC should be announced from the beginning of a bounty ,many people suffered from the hard blow of revealing the needy of KYC at the end of a bounty ,its painful after so much works for weeks .one other thing,they should announce countries that can't participate in the bounty too at the very beginning .

V. J. Meyer
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August 30, 2018, 07:38:15 AM
 #215

I actually do think the same thing, I one time witness my friend struggle with the kyc issues but luckily for him, he overcame it. In feel it should also be announced much earlier so as to not inconvenient and create problems for people.
In my opinion, we should follow their request, because your friend made the request, so it was difficult for KYC, I also experienced and I always overcome the requirements in a easily way
danwanyd
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August 30, 2018, 07:43:01 AM
 #216

I couldn't agree more. I think it's easier for them to verify KYC at the start of the event. I've seen this happen in a lot of bounty activities. When they finally said it, it was not ethical.
BluRPie
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August 30, 2018, 07:45:23 AM
 #217

The real reasons is undefined. But  I think that most real reason it is decreasing of Bounty payments. ICO it is businesses and real reason should have clear economic sense.
reynand
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August 30, 2018, 07:55:07 AM
 #218

if it has become a rule in a bounty, then we must obey it. with the kyc we must collect our personal identity. there are many people who support it and some don't. many people can't because they have a reason for that. but as a bounty hunter and also an investor, we must comply with the rules that exist.
aji567
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August 30, 2018, 07:57:06 AM
 #219

I feel happy if KYC is needed to get tokens or coins, because many people have many accounts and it makes me feel disadvantaged. KYC is the right choice to use.
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August 30, 2018, 08:00:48 AM
 #220

People have been mincing these word together. Even devs are supposed to diffentiate between this two terms: KYC-verification and Bounty hunters. In as much as kyc is meant for customers and bounty hunters are not customers, then they shouldn't be requested to pass KYC.
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