the benefits of kyc for bounty programs.

[ciang huang]

I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you

[Thanasis]

I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you

Don't participate on the bounties if they need KYC for receiving your tokens because these kind of bounties can record all your KYC documents and will sell them for good rates which can be used for the criminal activities too so if you concern about your privacy and security don't reveal your documents for some bucks.But the only benefit is that you may receive high reward when multi account were restricted but it also has it own advantage that your success rate of that project will get reduced as well when less people promoting it.

[vlom]

As Thanasis wrote. There is no reason to divulge the data. There is only a significant risk that this date will be used for something else.

Greed makes people careless. Do not be greedy and always think twice about who gets what.

[ciang huang]

I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you

Don't participate on the bounties if they need KYC for receiving your tokens because these kind of bounties can record all your KYC documents and will sell them for good rates which can be used for the criminal activities too so if you concern about your privacy and security don't reveal your documents for some bucks.But the only benefit is that you may receive high reward when multi account were restricted but it also has it own advantage that your success rate of that project will get reduced as well when less people promoting it.

of course, every bounty is wearing kyc and some are not wearing kyc. From the beginning I didn't know that the bounty had to use kyc, bro, I was afraid that my identity would be used by irresponsible people. if your suggestion is correct but I don't know that the bounty must use kyc

[ciang huang]

There is only one possible benefit and you already mentioned it - multi acc reduction.

But overall there is no benefits.
KYC for bounty hunters should not exist, bounty hunters are not investors.

Even if the project wants to be bullet proof if for example their tokens are defined as securities, they should use proper KYC company which can be tusted with your data.
When a company is doing KYC on their own webpage , this is just completely absurd.
One of outrageous examples is Aitheon, which asked for KYC even for Airdop on their own not secure webpage, just madness.

I agree with your opinion, bro, if the bounty uses kyc for the terms of receiving tokens or coins, it doesn't exist and as far as I know, it's only for investors, I give thanks to all of you who have given advice.

[Bithunters]

the benefits of KYC are usually used for personal data that will be used to secure from irresponsible parties (multi accounts). there are some countries that are not allowed to follow it.

[ciang huang]

the benefits of KYC are usually used for personal data that will be used to secure from irresponsible parties (multi accounts). there are some countries that are not allowed to follow it.

but I am still confused about the KYC that is obliged to accept the token and sometimes there are some countries that are not allowed to take part in the bounty whether the countries that are not allowed to participate in the bounty will have an effect on price competition.

[favdesu]

there are none. it's not worth to give your identity up for $2 in crypto.

[saqwe]

Naturally KYC is needed for the investors due to anti money laundry ( A process whereby someone fraudulently acquire wealth and he/she is looking for where to keep it or spend it lavishly.
In real sense there is no point for asking for bounty hunter kyc because they only earned  small amount of money.

[withlove99]

I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you

KYC accounts can limit cheat while participating bounty.
However KYC account  there are also many risks as we may disclose information and bad people can use in the absence of good

[imamb]

what are the benefits of kyc to store identity data and also reduce multi-account participants with caution? This will make the security of project developers confidential and as reinforcement for developers by bounty participants

[Xsinx]

One reason, so they have more ID's that they can use for their Future ICO projects so if you undergo KYC in a bounty campaign you can expect your name to be used as a CEO for their future projects.

[Sony.UK]

One reason, so they have more ID's that they can use for their Future ICO projects so if you undergo KYC in a bounty campaign you can expect your name to be used as a CEO for their future projects.

It is kind of promotion and data collection work only goes if the bounty program goes with the KYC verification. In my view, non soft cap achieved projects are not worthy to share your KYC details. Finally you will not get the worthy tokens as well as for your participation.
This is goose bump after the ICO and bounty campaign ends.
So be careful before you participate the any form campaigns in this forum or other sites.

[ciang huang]

what are the benefits of kyc to store identity data and also reduce multi-account participants with caution? This will make the security of project developers confidential and as reinforcement for developers by bounty participants

therefore the Kyc program is only to reduce multi-account participants but as far as I know KYC is only needed for investors. but will give a lonely effect to the project that will be advertised for fear of using kyc.

[ciang huang]

I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you

KYC accounts can limit cheat while participating bounty.
However KYC account  there are also many risks as we may disclose information and bad people can use in the absence of good

but if it only reduces the multi-account participants it makes sense but what I'm worried about is my identity is afraid to be used with irresponsible people, and I agree with you.

[jebul2]

in my opinion, kyc is a scary thing for bounty hunters and is afraid that someone's identity can leak and be used for things that people don't want to be accounted for, and KYC is good at preventing some accounts from participating in prizes.

[panpine]

There should exist kyc for bounty hunters because of minimizing the cheating of greedy bounty hunters and increasing fairness for bounty hunters.

[milewilda]

I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you

KYC for bounty?

It shouldnt really be there on the very first place because bounty hunters are not investors which would really need up to pass documentations.It might really have some advantages to limit
or block those cheaters or multi-accounts but it isnt really an appropriate thing to be mandated.

[livingfree]

There should exist kyc for bounty hunters because of minimizing the cheating of greedy bounty hunters and increasing fairness for bounty hunters.

This is the part of it but giving your identity for those tokens isn't really worth it.

Your identity can be used to some other things but whomever you'll give it so its better to keep your identity safe and sound than to entrust it to them. But if you are a die hard bounty hunter, its your choice.

[Wir shtrez22]

I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you

not only for identity and reducing multi-account participants but in the gift program must be over 18 years old, in this forum I see several accounts that take part in the gift program under 18 years therefore some managers use the KYC program to ensure that participating in the Bounty program must be over 18 years of age