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Author Topic: Why Bounty Hunters Hate KYC !!!  (Read 93888 times)
alrose
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January 18, 2019, 08:38:05 AM
 #181

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 
I personally know little of such bounty participants who immediately run, learning that they need to go through the KYC procedure.By and large if the participant of a bounty at least 1 time sent the documents,then further already this procedure does not cause fear.Sending documents is carried out automatically.Of course you need not mindlessly send your documents on demand.In any case, conduct an analysis and look at the project that requires your documents.If everybody in the telegram group writes that the project is a scammer, and you send the documents, then this is stupid. In general, at least go to the telegram group and read what other people are writing about.

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January 18, 2019, 08:39:28 AM
 #182

KYC is Know Your Costumer and not all bounty campaign participants agree with bounty campaign needed KYC submit for receiving bounty campaign payment, many of them hate it because bounty campaign participants always use multi account for joining bounty campaign.
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January 18, 2019, 08:44:13 AM
 #183

They don't generally hate kyc but the problem here is its not worth sometimes. Let's say you earned only like $10 or something but the company asks you to complete kyc. How do you feel? Just for $10 you are risking your privacy moreover they might misuse your KYC documents too. But for bigger rewards I think KYC is definitely worth taking the risk.

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January 18, 2019, 08:44:58 AM
 #184

As  a Bounty  hunter  i hate KYC just because of security  reason .. Allot  of people are using crypto concept to steal people information through bounty  and airdrop  .. And sometime bounty hunter hate KYC because  they wanted to cheated with double registration .. i believe KYC is for costumer  not bounty  hunters ..

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January 18, 2019, 08:49:33 AM
 #185

Since we are living in the online world it's easy to fraud someone without exposing our identity to them and that's what makes a really dangerous case. In the case for bounty hunters, there are some honest and dishonest people doing this kind of online job, so some developers and managers wanted to check each participants are legit and not abusing the free tokens to given away for people who has intentions to cheat the programs. So, my stand for this is i agree on KYC for eliminate frauds online as long as the projects are legit as well and our data is safe.

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January 18, 2019, 08:59:40 AM
 #186

They don't generally hate kyc but the problem here is its not worth sometimes. Let's say you earned only like $10 or something but the company asks you to complete kyc. How do you feel? Just for $10 you are risking your privacy moreover they might misuse your KYC documents too. But for bigger rewards I think KYC is definitely worth taking the risk.
that same opinion with me too.our privacy was more important that just our reward that worthed only $10.moreover if this dumped in market.we could sell our privacy cheaply.
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January 18, 2019, 09:30:09 AM
 #187

It could get stressful  and the most bounty hunters cant keep up with the process and lose out in the end and besides thats giving out out privacy too so cheaply and might not get so much to worth it. Sometimes i do not find it so necessary
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January 18, 2019, 11:11:53 AM
 #188

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 
Not everyone likes to hand out their documents.  Moreover, if the project does not inspire confidence and your data go to someone it is not clear.  Yes, and payment of works, leaves much to be desired.

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January 18, 2019, 02:31:25 PM
 #189

First of all, it is not very pleasant that you have to send images of your personal documents to use by unknown people. Secondly, as it seems to me, many bounty hunters are fond of maintaining multi-accounts. And when, at the end of the bounty, they are told that they need to go through KYC, they are very angry.

Yes, the KYC process will definitely limit the act of people spamming the project bounty because we have had some situation where a bounty hunters spam a project about $5000 through multiple account but the KYC will totally stop spamming of bounties because we people on this thread which also offer ID for KYC process either. With that been said, I dont see any reason why bounty hunters have to do KYC since the KYC was implement for crypto investors to avoid AML in the first place.

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January 18, 2019, 08:38:05 PM
 #190

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 

Are you kidding?  To live off Bounty you need to engage in 50-100 projects simultaneously, and, no doubt, there'll be fraudsters who will ask your KYC and sell passports. E.g. datablockchain which seemed honest from the first sight!

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January 18, 2019, 08:59:22 PM
Last edit: January 18, 2019, 09:28:33 PM by Luke NY
 #191

I believe that bounty hunters hate KYC for the fact that anonymity becomes impossible. Many do not like KYC due to the fact that your personal data is in danger. Some projects introduce it to not pay.

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January 18, 2019, 09:06:07 PM
 #192

In my experience, most of it does not like due to the fact that participants violate the rules and want to earn as much money , and when you enter the kyc, many do not pass

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January 18, 2019, 09:23:30 PM
 #193

From what I have seen so far, not all ICO projects are good and some are scam so bounty hunters do not always want to expose their personal data.
Also the KYC process of some projects are not transparent and sometimes people's KYC get rejected on unknown grounds which means bounty hunters loose months or weeks of work.
I prefer bounties with no kyc

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January 18, 2019, 09:27:44 PM
 #194


because according to me is an invasive practice of privacy once they are put on the internet the documents remain there forever, then give the documents in hand to a newly born company, to strangers/unknown people, then one of the objectives of the crypto was anonymity
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January 18, 2019, 10:11:45 PM
 #195

You just have to be victim to understand the main reason behind this, imagain you worked for a whole good two months for a project who planned not to do kyc at first and later introduced it in the die minutes and you accepted to do the kyc and again found out that your ID could not be qualified. You will also have enough reasons why the hate is real.

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January 18, 2019, 10:15:15 PM
 #196

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 
Bounty hunters are not the only ones that want to avoid KYC, bitcoin was created as a way to make us free of the regulations of banks, so from a technical point of view no one needs to know your real identity but those icos are probably being pressured by the governments to perform those checks, and while it is their right to put those policies in place then it is the right of each person to refuse to follow those policies if they are not comfortable revealing that information.

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January 18, 2019, 10:20:17 PM
 #197

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 

KYC is a measure to determine the legal users and participants of a certain project, for some reason many bounty hunters use spam accounts to gather more coins and tokens, maybe this is the reason why they hate KYC, but in my case, i am in favor of KYC because i am a legal participant and in order for me to show my real identity, but we could not force anyone to show their identity and for safety reason.
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January 18, 2019, 10:21:01 PM
 #198

Yeah, most of the bounty hunters feel uncomfortable by spreading their identity in this social world. Well, thinking like that is totally fine and nothing wrong. I'm one of the bounty hunter and always take care with KYC. I mean, i always perform KYC to reliable and trusted project which has some good reputation and there project is going fine. So it makes me riskless!
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January 18, 2019, 10:25:45 PM
 #199

I think it helps to minimize the level of cheating in an ICO or bounty project although other factors such as the disclosure of personal identity details to an unknown person cannot be over looked.
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January 18, 2019, 11:01:34 PM
 #200

What i know,  KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many  Hunter run away  ! Why? Is it  because  people  don't want review their identity  for security  reason  or people  are joining campaign  with bot software .. 

There are a lot of multi-accounts in bounty campaigns. KYC helps to get rid of multi-accounts, so there are so few participants in the bounty supporting KYC.

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