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Author Topic: Why a lot of bounty hunters dislike KYC ?  (Read 1086 times)
zurc
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November 18, 2018, 11:29:51 PM
 #81

A lot of bounty hunters ask the bounty manager and the team of the project if kyc needed or not.
Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
It is good to do KYC to avoid multiple accounts joining in the same bounty because a lot of people do it to earn a huge money

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December 09, 2018, 04:21:50 AM
 #82

Yes, all bounty hunters always ask for KYC or not? Because if they do not have documents to get through the KYC process, they will not follow the bounty. I think KYC is very necessary to prevent multiple accounts for bounty hunters.

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December 09, 2018, 05:38:56 PM
 #83

Yes, all bounty hunters always ask for KYC or not? Because if they do not have documents to get through the KYC process, they will not follow the bounty. I think KYC is very necessary to prevent multiple accounts for bounty hunters.
In first line, KYC is necessary for scammers to get their hands on personal documents. Next, they can sell the personal data to other scammers or multiple account cheaters and the scammers make good money by selling it. Or the scammers are participating in an ICO requiring KYC and submit the stolen data to pass KYC.  Wink

KYC has no advantages at all, only for scammers.

KYC = avoid !!

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December 09, 2018, 06:34:56 PM
 #84

A lot of bounty hunters ask the bounty manager and the team of the project if kyc needed or not.
Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
No one is willing to share their personal info to an online website because they can misuse it for illegal purposes.So think twice when you are giving your presonal documents to ICO bounty.They are having this KYC to eliminate alt accounts.

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December 09, 2018, 09:05:45 PM
 #85

A lot of bounty hunters ask the bounty manager and the team of the project if kyc needed or not.
Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
No one like to share ID unless they know who is other party. In this industry you don't know who is other party and you don't know if their names and companies are real or created on stolen ID's and one day your data might be sold and someone could do something illegal and then you will have problem.
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December 09, 2018, 09:53:39 PM
 #86

Too busy to prepare KYC data, some bounty hunters may not have that document. so they don't like KYC. I suspect that bounty hunter is still in school and is a student. that could be the reason they don't like KYC.

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December 15, 2018, 10:10:03 PM
 #87

It seems to me that the answer is clear, the participants of the bounty companies create multi-accounts for the purpose of getting more profit for the bounty and thus take most of the awards for themselves, thus depriving other participants of the profits, and with the KYC procedure they cannot do this for this reason reaction from their side
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December 16, 2018, 12:10:50 PM
 #88

I can explain, this info i find on bitcointalk and that is why i never passed KYC for bounty: '' In general, after the bounty of some of the companies, all those who passed through the KYC they now have their data on the network are sold for two ETHs. For the sake of interest, I decided to buy so there  documents nicknames from the forum of residence and email. That the funny thing is that through wallets you can really understand who has a lot of money and go pick up.''
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December 17, 2018, 02:12:59 PM
 #89

Too busy to prepare KYC data, some bounty hunters may not have that document. so they don't like KYC. I suspect that bounty hunter is still in school and is a student. that could be the reason they don't like KYC.

These are all reasons why some people do not like KYC, but I have another one myself, why I don't like KYC. Trust! I don't want to leave my personal data to anyone I don't know. I just don't feel safe when someone else wants to get such sensitive data from me. Somehow I can never be 100% sure what's going on with my dates. Moreover each of us knows, that there are many scams in the crypto area. So I prefer not to participate in KYC.  Wink
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December 18, 2018, 10:56:50 AM
 #90

I do not think that the problem is KYC, the real problem is not KYC requirement when registering for the award, but KYC requirement before distribution. later, changing the rules makes people angry.
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December 18, 2018, 12:23:06 PM
 #91

Some members do not want to share thier personal infos cause it might be use in illegal activities.  Even i dont like kyc but if the project is legit o dont have choice but to submit my data.

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December 20, 2018, 08:55:51 AM
 #92

Some members do not want to share thier personal infos cause it might be use in illegal activities.  Even i dont like kyc but if the project is legit o dont have choice but to submit my data.
i am agree with you, same with my think.if get small reward or not legit why must submit kyc

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December 20, 2018, 11:52:06 AM
 #93

Some members do not want to share thier personal infos cause it might be use in illegal activities.  Even i dont like kyc but if the project is legit o dont have choice but to submit my data.

Even I do not like disclosing the KYC details to any bounty program unless I know them personally or some one whom I trust has recommended as they know them directly so this gives some assurance that they are genuine people and would not turn out to be scam or can misuse the data as those are one's personal information and personal means it has to be known to that person only and not to the entire world.

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December 20, 2018, 12:38:58 PM
 #94

Some members do not want to share thier personal infos cause it might be use in illegal activities.  Even i dont like kyc but if the project is legit o dont have choice but to submit my data.
You always have your choice and you can choose to give your KYC or not. It's not mandatory actually, if you don't do KYC, you will not get paid for your work and that's it. I don't like KYC things too anyway

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December 22, 2018, 03:28:42 PM
 #95

Because of Privacy , Identification is something important and I don't like to exchange it with some tokens , I don't like it that some bounties ban some countries and they force KYC to make them stop joining , Why they do that? I am disagree with KYC asking in bounties .


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December 22, 2018, 07:52:38 PM
 #96

First, it takes time and effort. Also, not everyone wants to spot their personal passport information. and the last moment that from other accounts one person will not be able to participate in the bounty
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December 23, 2018, 10:11:12 AM
 #97

I don't like KYC because I think it's unfair to hunters because KYC will reveal the privacy of the hunter and ultimately won't give us any rewards.

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