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Author Topic: Why Bounty Hunters Hate KYC !!!  (Read 93888 times)
stefany101
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January 17, 2019, 01:13:16 PM
 #41

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 think the reason why some bounty hunters hate KYC for the reason that they don't have enough valid IDs to be submitted in order for them to be verified and be eligible for bounty rewards. Most bounty hunters are people that has no real life work, some are students that's why they don't have enough validations. But not all bounty hunters are afraid of doing a KYC.  Wink

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January 17, 2019, 01:22:00 PM
 #42

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 understand what you think and feel. however this has become a necessity if you want to get tokens from every bounty campaign, whether it's a signature or other campaign.
there are some classic tools that are applied by each ico team and gift manager. the most logical reason for preventing each farmer from cheating and using multiple accounts in one campaign
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January 17, 2019, 01:26:28 PM
 #43

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 .. 
You are willing to give all your sensitive information to someone you found online? If you know there is lot more risk in that then you also will start hating the KYC ut anyway KYC in bounties are introduces to restrict the altaccounts to get rewarded.

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January 17, 2019, 01:31:38 PM
 #44

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 .. 
If there is ellegal thing so why we should afraid for KYC, maybe not all favor doing KYC but me im favorable. This is what they doing to secure there project on those cheater and the good thing is fairness for each participants. Many hunters doing ellegal movement so for me KYC is okay.
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January 17, 2019, 01:32:52 PM
 #45

Who likes to share his personal documents?

Of course all would hate. Even investors hate that. Nobody likes to have a kyc.

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January 17, 2019, 01:36:04 PM
 #46

As I see it, there's really no need for bounty participants to do kyc since they didn't participate in the sale--technically they are not "costumers". This might just be the tactics of the team to reduce the expenses in the bounty since if many participants failed to comply to kyc, there'd be less people to pay.

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January 17, 2019, 01:38:06 PM
 #47

I suppose bounty hunters don't like to pass KYC since many devs do not warn us about this in advance, besides, confidential and personal data can be used for other purposes, including illegal purposes.
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January 17, 2019, 01:42:03 PM
 #48

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 .. 
Honest bounty hunters care about KYC because they are afraid of identity theft.
And those who are cheating (multi-accounters) are afraid that they will not receive all "earned" tokens.

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January 17, 2019, 01:43:19 PM
 #49

In my opinion, one of the reasons bounty hunters hate KYC is because they don't want their real identities to be known by other people they don't know.
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January 17, 2019, 01:43:37 PM
 #50

The motive of some ICOs collecting bounty hunters identities is suspicious at times revealing your identity to them might result in those fraudulent ICOs using people stolen identities in form of KYC to perpetuate crime that is why its not advisable to give out one's identity to a faceless organizations in the name of bounty hunting.

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January 17, 2019, 01:46:59 PM
 #51

This is why the bounty hunters hate the KYC because we consider that KYC is only for the customers, bounty hunters are not the customers, they are part of the team to promote and develop the community about the projects. But, if there must be a KYC, just fulfill it in order to get the right rewards.

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January 17, 2019, 02:03:45 PM
 #52

Sometimes most people dont like giving out their information that easliy.  And sometimes its because some bounty hunters have multiple accounts thats why

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January 17, 2019, 02:20:28 PM
 #53

not only bounty hunters avoid this verification. Many investors do not want to go through this test.

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January 17, 2019, 02:21:13 PM
 #54

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 .. 

it's simple, they don't want to sell their identity,if many big companies can't get their customer private identity from being leaked or hacked? why the bounty hunter must trust the newer company to do so?
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January 17, 2019, 02:25:34 PM
 #55

Participants avoid KYC for the reason that they do not know how their data will be used!

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January 17, 2019, 02:36:31 PM
 #56

Do you want to submit your personal basic information to unknown project and uncertain security reason? Do you want to  exchange your identity for just unreasonable value and unregulated ICO?
I wish every one is honest to maintain others personal information secure because if it is counterfeit the person identity is vulnerable to use.
I'm not saying all projects who ask KYC are the same but just few are reliable.
We all know scam is rampant even the identity of well know crypto person used in scam scheme.

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January 17, 2019, 02:48:30 PM
 #57

I would say KYC is a good thing to take out scammers from the system. Haters are mostly those people who joined campaigns with fake details or with multiple accounts and they know very well they can't provide the details of its every Ac that's why they hate on the other hand very fewer bounty hunters do not want to share his/her identity they want to remain anonymous.

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January 17, 2019, 02:50:23 PM
 #58

I don’t like KYC either, so I’m avoiding it in projects that I don’t trust. To participate in the Huobi Russia bounty, I also need to be verified, but this is a branch of a very secure exchange, so I don’t worry that my data will be used.
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January 17, 2019, 02:52:25 PM
 #59

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 .. 
Why would I want to do kyc for bounty? Even some exchange will allow you to sign in and do some level of trade with out kyc and that even involve cash so why would I now want to do kyc on me helping you to promote your project and you giving me what I work for. Kyc is a serious issue, you are practically giving out all personal information and this days people are not to be trusted, they can do anything with your information.
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January 17, 2019, 02:53:09 PM
 #60

Bounty spammers hate KYC because they try to working alt accounts but when team asking KYC and they can't claim for bounty payment.
I think honest bounty hunter there are no reason to hate KYC.

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