A new bounty scam

[deppil90]

I also feel the same way, now Kyc is a must for every ICO project, but what makes me doubt is that there is no legal entity that guarantees the security of my personal data

[1715028625]

1715028625

[djgtr]

KYC for bounty hunters is a common thing now. This is not a sign of a scam, moreover, many of the ICO warned about this in advance.

That is great idea which can be form as canvas if that bounty is good or not. We all know scammers sorrounds all over the world just to big crypto that can make them happy. Possible their are KYC which is good for bounty hunters that can give idea to everyone who joined ICO.

[babykika2027]

there have been many like this and I've been like that too, maybe too many multiple accounts, if suddenly notified, I think they (dev & bounty manager) have the right to change their rules, if you already participate from the beginning and get a big stake, I don't think it's wrong to follow the kyc procedure, you can check whether the KYC procedure is for fraud or not

[Sri rahayu]

That's the rule, and you know every rule is worth following, in my opinion, projects that don't pay for new prize hunters can be said to be fraudulent project, now I ask you, is GOLDMA finished sending tokens to bounty hunters?
 I am happy with the project that does kyc, because the payment that I feel is very satisfying. By the way, your account is a newbie with a sense of pro 

[none of us]

i would be annoyed if a week before the bountie suddenly kyc is required. it is just unfair not to announce something like that in front of a bounty. but unfortunately you can not do anything about it. every project has the right to change the requirements.

[SaRmY]

GOLDMA started their bounty campaign in April, and then 1 week before the end (in October) they said they require full KYC meaning:

- Proof of address
- Government issued card
- Selfie holding the ID

Is there any ICO requiring such information from bounty hunters?! To me this is a SCAM to get private details and sell on dark markets. Imagine what they can do with such information! I have never seen anything like this, be careful of these scammers from GOLDMA.

Has anyone experienced something similar from other bounty?

*edit* It stated first that NO KYC REQUIRED FOR BOUNTY, this changed 1 week before the end

Unfortunately, according to the rules of any project. Managers can make changes at any time. This does not say. However, this is not a pleasant moment, and you should think well about how much you have earned in this project. If the amount for you is not great you should not go through the KYC procedure.

[cattano]

Bounty campaign that requiring a KYC is sadness, I think that is too much, cause we can't really sure how many reward do we get from the bounty campaign, if it's just a small amount and we need to do that full KYC, then its not worthy of our effort.

[clear cookies]

Nowadays, bounties require all bounty hunters to do KYC to receive their reward and i couldn't see negative with that. Now if you want not to receive your reward so don't participate on kyc. That's as simple as a bounty hunter.
If you don't trust them. Maybe you should stayaway from them.
And you don't have any strong proof to mention that the project is a scam.

[kamilah147]

I also feel the same way, now Kyc is a must for every ICO project, but what makes me doubt is that there is no legal entity that guarantees the security of my personal data

in this forum there is no or no legal entity that guarantees the security of our data. so we need to be aware of that too. because of the fear that our data will be misused.

[@rt27]

Horrible change done one week before the end of the campaign. I don't know what is going on to the project behind but I think it is clear enough that it is unfair. The team are not honest to their rules unless they say if necessary change is possible. Motives and interest of the team are the possible reason why they change in a short period of time.

[Airelves09]

I will stay away from KYC's bounty. Because this is very uncomfortable. Why do I need to submit my personal data for bounty? How to protect this data privacy? Before solving this problem. I won't do any KYC bounty activities.

[ryker6688]

I think kyc in the bonus campaign is ridiculous. They are not investors so kyc does not make sense.

[Kunlejoe0]

Kyc is a very touchy subject around ICO and frankly speaking, many people don't like giving their personal details on the internet to none verifiable company or person. If I had participated in the said bounty campaign, I might do kyc or not, it depend what is at stake for me!

[Quidat]

KYC for bounty hunters is a common thing now. This is not a sign of a scam, moreover, many of the ICO warned about this in advance.

I agree that this is not a sign of a scam, i think OP maybe missed something in the details. There are some ICO that they provide some rules that they have the right to change the rules in some cases. I think this is where OP missed it, or maybe he's not into KYC thing that's why he's just complaining it now, though KYC these days is so common in most ICO.

[nekonyun]

I don't think so, because there are some people who change their minds and think that bounty hunters are the same as an investor so they need kyc as investors do.

[miyaka26]

KYC for bounty hunters is a common thing now. This is not a sign of a scam, moreover, many of the ICO warned about this in advance.

It is not a thing last year as it is rare to see some projects that require KYC and now it is normal for them to put KYC for $100k - $200k bounty pool even for the airdrops which is now commonly not profitable to waste time, what's wrong for me with the OP's complaint is that the campaign announced that it is not required then suddenly they change the rules to require the week before the end of campaign, they should bound for that rule even if they fail to raise the hard cap.

[Felipeo]

Asking KYC is common these days as more and more countries are putting regulations on their population not to invest in ICO's and even many projects are not providing their services in many countries. There is a risk of selling our data but this cant be called as scam.

[labake]

Many ICO required that from bounty hunters of course,  requesting kyc from bounty hunters is not enough to tag a project a scam. In this case,  the only mistake the manager and the team did was just for them no to inform bounty hunters before commencing the campaign earlier. Thanks

[Kofiy]

More and more projects require KYC for bounty hunters, it becomes a common condition. It's not fair that team made a statement 1 week before the end, but  unfortunately there's nothing you can do about it.

That is the point, it said "No KYC required for bounty", then 1 week before the end (after 6 months) they said full KYC required, + a selfie! If they were honest at the beginning no-one would join this bullshit

The laws were changed for this time, crypto is not more  anonymous.

There are many projects that later make KYC/AML a must for bounty hunters though it was not initially indicated but the level of the KYC is not high like this one. For them to be asking for all these information it means that are not ready to pay because not all bounty hunters will be able to provide them

[pawanjain]

That is the point, it said "No KYC required for bounty", then 1 week before the end (after 6 months) they said full KYC required, + a selfie! If they were honest at the beginning no-one would join this bullshit

This is not an acceptable behavior at all. To me this is called as betrayal. It must be an unreliable ICO if this has happened. If an ICO doesn't obey their own words how can the investors have faith on the project and the team. It should have definitely been a terrible situation for you. This is the reason why many potential ICO investors are backing out when investing in ICOs these days.
I have myself stopped investing in ICOs for I know it will however turn up to be a mess. It's better to invest in a coin once it is developed and the project is functional.