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Author Topic: Is KYC For Bounty Hunters Good? Lets Share Our Views!  (Read 2157 times)
yitzjoe
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December 27, 2018, 01:35:02 AM
 #201

this is too risky when many ICO scams and their vague backgrounds allow theft of personal data from users and are vulnerable to abuse. I further limit the use of KYC for this activity
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December 27, 2018, 01:56:57 AM
 #202

I totally dislike KYC as a bounty hunter and investors, we have seen so many projects come and go and soon we will see how bad KYC is, and why do they care about genuine bounty hunters when all they want is to reach their softcap to realize their project, let's admit it, there are multiple accounts here but as long as they can do their job effectively promoting ICO I don't see any problem with it.
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December 27, 2018, 02:05:30 AM
 #203

KYC is good because it can prevent people from using multiple accounts and bots but there is a bad side about requiring KYC in bounty. what if the bounty is a scam? they will sell your info and you won't know that your info is already been used in illegal activities. there are also bounty campaign that don't require KYC at the beginning but at the end of the campaign they change and require it.
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December 27, 2018, 02:47:37 AM
 #204

In recent times there has been several ICOs introducing KYC for bounty hunters, and that has made many Bounty hunters to feel bad.

I would like to share my opinion over this issue. I never see KYC as a bad idea, KYC will actually reduce scammers from using multiple accounts for one bounty and that will also give the genuine hunters the space to earn more in their bounty hunting.

The place I have issues with ICO projects running bounty programs is the idea of some projects that introduce KYC at the end of the bounty program which I really feel it should not be so. It is the same thing as those who used multiple accounts during the bounty because it will still reduce the amount the genuine hunters will earn.
If KYC should be introduced at the end of bounty, the left over coins/token should be distributed among the genuine hunters otherwise I see it as the same scam to the genuine bounty hunters:

Anyway, this is my own view, If you have a contrary view, please share it. I would like to know more also.
I personally doesn't like to have KYC applied for bounty participant.
I just think is unfair, cause what everyone got from bounty isn't so much in number, so there is not so much worth if we do KYC just for bounty participant.
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December 27, 2018, 03:15:35 AM
 #205

Honestly, for first time I joined a bounty that requires bounty participants to do KYC and it makes me very worried, whether they can keep our data well or not ... if all looks good maybe I will not hesitate to join the bounty that needs KYC

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grifinmch
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December 27, 2018, 03:34:25 AM
 #206

the system probably felt strange to KYC bounty hunter. It is the workers and not the customers for the ICO. However, it is on the other hand like to reduce fraudsters with a double account then this is required. But if to the terms in the identity then for bounty hunter system is less precise.
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December 27, 2018, 03:49:12 AM
 #207

The use of KYC for Bounty, in my opinion, is a positive value that we can take. Of course, this KYC is used to find out the identity of the Bounty participants, so there is no more cheating. I personally have good experience for KYC, many projects that use KYC, in my opinion, are projects that can be successful. But we are back to the potential of the project you are following.

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December 30, 2018, 11:52:04 PM
 #208

Actually, I would not recommend it. Because KYC was just needed for those investors that are investing on the ICO project. But with the bounty hunters, they are just a regular employee with the project, and I think it is not necessary.

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December 30, 2018, 11:56:25 PM
 #209

In recent times there has been several ICOs introducing KYC for bounty hunters, and that has made many Bounty hunters to feel bad.

I would like to share my opinion over this issue. I never see KYC as a bad idea, KYC will actually reduce scammers from using multiple accounts for one bounty and that will also give the genuine hunters the space to earn more in their bounty hunting.

The place I have issues with ICO projects running bounty programs is the idea of some projects that introduce KYC at the end of the bounty program which I really feel it should not be so. It is the same thing as those who used multiple accounts during the bounty because it will still reduce the amount the genuine hunters will earn.
If KYC should be introduced at the end of bounty, the left over coins/token should be distributed among the genuine hunters otherwise I see it as the same scam to the genuine bounty hunters:

Anyway, this is my own view, If you have a contrary view, please share it. I would like to know more also.
Declaring mandatory KYC at the end of a bounty campaign is fraudulent in my opinion. It is a deliberate act of trying to deny participants their rewards.

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January 01, 2019, 08:17:22 AM
 #210

In recent times there has been several ICOs introducing KYC for bounty hunters, and that has made many Bounty hunters to feel bad.

I would like to share my opinion over this issue. I never see KYC as a bad idea, KYC will actually reduce scammers from using multiple accounts for one bounty and that will also give the genuine hunters the space to earn more in their bounty hunting.

The place I have issues with ICO projects running bounty programs is the idea of some projects that introduce KYC at the end of the bounty program which I really feel it should not be so. It is the same thing as those who used multiple accounts during the bounty because it will still reduce the amount the genuine hunters will earn.
If KYC should be introduced at the end of bounty, the left over coins/token should be distributed among the genuine hunters otherwise I see it as the same scam to the genuine bounty hunters:

Anyway, this is my own view, If you have a contrary view, please share it. I would like to know more also.

I fully agree that KYC today is a really useful and promising procedure. Because the market has long been in need of additional methods of regulation. Although in any case there is still work to be done to improve this technology, certain disadvantages and risks for users still remain.
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January 09, 2019, 01:04:21 PM
 #211

After the bounty are over, I see the KYC condition as an injustice to bounty hunters. But if the KYC is specified in bounty thread, I respect
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January 10, 2019, 05:07:25 PM
 #212

Yes, it is very good to collect the KYC from the bounty participants in order to eliminate multiple accounts and as well as a company should maintain documents if they face problems with the government. Whether they are doing the business in a legit way or not.
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January 10, 2019, 05:34:24 PM
 #213

In recent times there has been several ICOs introducing KYC for bounty hunters, and that has made many Bounty hunters to feel bad.

I would like to share my opinion over this issue. I never see KYC as a bad idea, KYC will actually reduce scammers from using multiple accounts for one bounty and that will also give the genuine hunters the space to earn more in their bounty hunting.

The place I have issues with ICO projects running bounty programs is the idea of some projects that introduce KYC at the end of the bounty program which I really feel it should not be so. It is the same thing as those who used multiple accounts during the bounty because it will still reduce the amount the genuine hunters will earn.
If KYC should be introduced at the end of bounty, the left over coins/token should be distributed among the genuine hunters otherwise I see it as the same scam to the genuine bounty hunters:

Anyway, this is my own view, If you have a contrary view, please share it. I would like to know more also.

i dont like KYC, becouse here is a lot scam projects, and if i send them my private information, ID and so.on - i think with ID and other documentation can make same bad work, for example make KYC on loan website.  its so bad.
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January 10, 2019, 05:36:45 PM
 #214

Yes, it is very good to collect the KYC from the bounty participants in order to eliminate multiple accounts and as well as a company should maintain documents if they face problems with the government. Whether they are doing the business in a legit way or not.

say bounty hunters, Reg on web site. and you can check all IP. and if some people use one IP you can delete all of them. + if 1 acc  have 100-200 IP - its mean = IP changer, and you can delete to Smiley

KYC is last chance.
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January 12, 2019, 09:38:38 AM
 #215

KYC is good because it can prevent people from using multiple accounts and bots but there is a bad side about requiring KYC in bounty. what if the bounty is a scam? they will sell your info and you won't know that your info is already been used in illegal activities. there are also bounty campaign that don't require KYC at the beginning but at the end of the campaign they change and require it.

In fact KYC is done on their platform. If you really want to find bounty cheaters, KYC bounty participants should only end in the hands of the bounty manager or many other ways that can be done without using the KYC system.
Also, KYC is not necessary if their fundraising involves people outside their country because their services will not be enforced throughout the world.

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mericy
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January 12, 2019, 01:38:15 PM
 #216

Yes, it is very good to collect the KYC from the bounty participants in order to eliminate multiple accounts and as well as a company should maintain documents if they face problems with the government. Whether they are doing the business in a legit way or not.
I don't think the bounty needs KYC. Because this will reveal our information. But ico needs it. kyc is a must with the legality of ico.

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January 12, 2019, 02:27:54 PM
 #217

All of the people who commented here already answered that most of them gonna say no, and I would like to say no for the dozen times. Just imagine, even if the bounty hunters must KYC, but pro abusers just take an ID card and fake them all.
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January 13, 2019, 11:10:08 AM
 #218

I don't actually join in any bounty campaign that requires your KYC it's a hassle work to update your personal information, I really hate . In the other side it's a necessary move to implement due to abuse from bounty hunters.
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January 13, 2019, 11:16:27 AM
 #219

I don't actually join in any bounty campaign that requires your KYC it's a hassle work to update your personal information, I really hate . In the other side it's a necessary move to implement due to abuse from bounty hunters.

i feel you man . i do also hate kyc because its a hassel . what i do is i only skip the bounty or an airdrop with kyc so that my efforts wont be wasted .


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In the other side it's a necessary move to implement due to abuse from bounty hunters.

kyc is not implemented to bust abusers because theres another more important reason on why we have a kyc now  .

aside from that . kyc is also kinda bit risky if you will give your information to a scam project because they can use it to abuse other service or people .

kyc isnt bad at all only if you confirm that the bounty/airdrops are 100% verified  . i also notice that kyc supported projects are more profitable than those who dont have a kyc . they increase the rewards because they know that kyc is a risky and hassel thing to do  .
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January 13, 2019, 12:11:56 PM
 #220

For me KYC is not good for bounties hunters but for all investors only that are holding a big amount of cryptos  because bounties hunter are small holders and there is no reason that they need to take KYC to join bounties.

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