KYC should be for big whales

[JohnMacZeppelin]

Of course, I would like to say that this is fair, but I will not say it, because you can put yourself in the shoes of these people and you can understand why they are hiding and why they cannot be verified completely.

[Kulitha]

I'm agree with you. But in many cases it's because regulation requirements. I'm have notice more than before lot of projects asking for KYC. So we have to get used to it.

[SabrinaBianka]

KYC for big investors is already required in every project, even small investors are required to verify KYC but not as complex as big investors, and KYC for bounty is to avoid multiple account fraud

I think also that. Additional to known their personal info obviously and where they can get their big amount of money. So also they can prevent the money makers that wanted to enter on this project so that why KYC is guaranteed to all.

[boty]

I'm agree with you. But in many cases it's because regulation requirements. I'm have notice more than before lot of projects asking for KYC. So we have to get used to it.

if KYC is only for big whales it can be a threat to investors because their identity data is known by others and their wealth is known by others that will make them the target of crime because identity can be spread and made for crime.

[s4mp1nt0]

I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying

I don't know why or how you know about this KYC on the bounty program. You are just a newbie. It was created because of the cheaters who has a multiple accounts and also for the security purposes of the project.

[go4crypto]

KYC may also be need to comply with government regulations for some countries otherwise the bounty will have to restrict those country citizens from participating.

[Uju4real]

I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying

KYC I believe was introduced to bounty and airdrop to avoid multiple accounts registration but  so far it hasn't been achieved, but my take on It cos to implement it before the commencement of any bounty campaign

[aji567]

for me KYC is only for big whales is an act that is not right. this kind of action is discrimination. it would be better if KYC was eliminated. I support if bounty, airdrop and also big investors don't do KYC.

[Mr.Spreadthehamster]

The surrender requirement for KYS is most often justified by the necessary security measures and fraud prevention. However, the level of KYS should not be equally difficult for everyone.

[absurde]

i am strongly agree with you, why do we need to infrom our id and personal informations to bounty? For 5 dolar, i am sure data is more valuable than 5 dolar, there should be a regulation.

[Chinsmokers]

Well, i can agree on this. Its too hassle for like us bounty hunters, we only get small amount of tokens and to sell we will get only little bit of money so its a hassle to do KYC

[Crypto24hrs]

I wish you had stated your reason why KYC should only be for the whales, but all the same i see KYC as an unwanted pregnancy in the family of cryptocurrency and should be immediately aborted before it gets out of hand tanks.

[Endikadija]

I wish you had stated your reason why KYC should only be for the whales, but all the same i see KYC as an unwanted pregnancy in the family of cryptocurrency and should be immediately aborted before it gets out of hand tanks.

Some may think if that will be eliminated the true feature of cryptocurrency that called the anonymity. KYC should be implemented for a special purpose. But these days some non-sense platforms are even implementing it. It's so bad.

[SportsbookBettor]

I agree with you that KYC is good for only people who will bought large amount of tokens in icos or people that will bought the token. Bounty hunters too is not required to do it because we don't know if we are getting paid big or small or we could actually earn from promoting them. I think kyc is good but i think it must have a limit whoever needs to comply with it.

[xianbits]

I wish you had stated your reason why KYC should only be for the whales, but all the same i see KYC as an unwanted pregnancy in the family of cryptocurrency and should be immediately aborted before it gets out of hand tanks.

Some may think if that will be eliminated the true feature of cryptocurrency that called the anonymity. KYC should be implemented for a special purpose. But these days some non-sense platforms are even implementing it. It's so bad.

That's the funny thing here. There are those who just ask for KYC just to be considered as a legit and truthful project. I even doubt how do they store our infos.

I agree with you that KYC is good for only people who will bought large amount of tokens in icos or people that will bought the token. Bounty hunters too is not required to do it because we don't know if we are getting paid big or small or we could actually earn from promoting them. I think kyc is good but i think it must have a limit whoever needs to comply with it.

Let's accept the fact that KYC for bounty hunters will help filter out members with different alts.

[949miner]

I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying

I feel your pain dude. Its ridiculous when you are required to do KYC for just  $5 to $20 airdrop. I definitely agree with you this. KYC should be for investors who are investing huge sums of money on a crypto project.

[jho0810]

I think much better to implement kyc for everyone so no one can abuse anything like bounty and investing even whales. Most greedy is on whales they always play in the market so to be fair for all it alright to implement the kyc for everyone. Unless you a suspicious person that have bad plans.

[LUCKMCFLY]

I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying

I feel your pain dude. Its ridiculous when you are required to do KYC for just  $5 to $20 airdrop. I definitely agree with you this. KYC should be for investors who are investing huge sums of money on a crypto project.

I think the same, it does not make any sense KYC for small investment, somehow it is always good to maintain anonymity, whales if they are cases of large investments, should have a control to avoid fraud. Although in the projects they should demand a protection policy for the KYC.

[biskitop]

it makes little sense because for airdrop or bounty participants, they only have a small value and certainly not too much influence on their market cap volume. I agree that only people who hold large tokens are required by Kyc.

[nizamcc]

I would make KYC a voluntary affair if the investor wants it to go through and thereby secure damages in force majeure situations. For the participants of the bounty program KYC is needed but it must be carried out before participating in the project.