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Author Topic: Why Bounty Hunters Hate KYC !!!  (Read 93914 times)
SlimShadyMmp
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January 17, 2019, 11:27:00 PM
 #141

Maybe the process it takes to get KYC and to be honest most might not have an identity or they just dont feel like revealing their identity for just 50$ or so Most bounty hunter just forfeit the chance once there is KYC  involved in the process

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January 18, 2019, 12:01:57 AM
 #142

I don't like KYC too because I don't want to give my personal data to the new project that may appear to be scam.

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January 18, 2019, 12:29:53 AM
 #143

Usually when when people see promising projects they try to do their best even it can do using bot accounts. Even if there is KYC asking lot of them manage it using other methods. But there are some poor project that are asking KYC even if they don't have better plan for the future. In that kind of situations bounty hunters run away mostly.
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January 18, 2019, 12:38:14 AM
 #144

Simply because it is hard to register, eapecially if the bounty hunter doesn't have a government i.d. and in that case the bounty hunter without any identification to show cannot get his rewards, and his time and effort be wasted only. That's why bounty hunters hates kyc.
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January 18, 2019, 12:38:49 AM
 #145

The main factor is because they do not want to easily give his personal identity. And other factors because they cheat. But personally sometimes I hate because the reward really small but give difficult terms of kyc. If it is I find better I do not take the reward but if the token worth it i will do anything to take what i deserve.
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January 18, 2019, 01:51:23 AM
 #146

The matter maybe true. I think bounty hunters do not like KYC as they may use multiple accounts to amass a huge amount of free tokens. Another reason maybe they find it hassles to create account and go through KYC process. But I think KYC is actually good for all, investors and project owners. It prevent scams and provide to some extent investment security. 

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January 18, 2019, 02:39:03 AM
 #147

I am bounty hunter but I just hate kyc a bit not to much because sometime if I receive a good reward and the team look credible I will perform kyc, but if estimate of reward too little I would rather not to claim it than giving my private information.
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January 18, 2019, 02:43:58 AM
 #148

there are several reasons why bounty hunters don't like KYC
  • Participants registered several accounts in the bounty so when asked for KYC it was difficult to do so
  • Lazy doing KYC because he feels the reward he gets is only a little
  • Lazy doing KYC because now there are so many unclear bounties sometimes after doing KYC we are not paid

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January 18, 2019, 02:55:51 AM
 #149

many of the reasons the bounty hunter didn't like the KYC. This is not a system that is intended for workers because of the bounty is not a customer. In addition, the dangerous identity theft certainly also avoided because they do not expect their identities generally useless given. but actually, KYC thus could be a nice step to avoid the number will double that roamed on the bounty.

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Nggedebus
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January 18, 2019, 03:02:44 AM
 #150

Sometimes the bounty reward isn't worth that much after the end of the campaign. so if the bounty participant being asked for KYC, they will choose not to do it, and mostly they got, maybe angry cause they already done their work, but still they have to perform something that they think isn't worth it compared to the reward they got.
Gershonxer
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January 18, 2019, 03:05:23 AM
 #151

Most bounty hunters would not want most of their personal data to be exposed. There are alleged accusations where blockchain companies sell out peoples data to third party agencies. But for me personally, I dont quite participate in bounties that requires KYC because there are some documents which are difficult to obtain in my jurisdiction like drivers license
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January 18, 2019, 04:19:05 AM
 #152

Perhaps the first reason is that there are still many students who take part in the bounty so they don't have an identity card, and the second is lazy with the KYC process, the third is cheaters, so definitely back down if there is KYC.

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January 18, 2019, 04:29:40 AM
 #153

This identity data is very important because we don't want our identity data to be misused. This will certainly endanger the bounty hunter. There have been many cases like that. The bounty hunter has done KYC but they still don't get tokens.
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January 18, 2019, 04:41:43 AM
 #154

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 .. 
Many of bounty hunters participating in bounty from multiple accounts and KYC is like a barrier for them.
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January 18, 2019, 05:01:04 AM
 #155

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 .. 
Many of bounty hunters participating in bounty from multiple accounts and KYC is like a barrier for them.
True fact, maybe if they can't use multiple accounts reward not really big to them. But sometime we must keep aware to give stranger our identity and we must make sure they really save it and not use it to do bad things.

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phuonganhdpa
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January 18, 2019, 05:22:10 AM
 #156

There are several reasons to explain:
1. Some hunters use multiple accounts at once to join a bounty campaign
2. They don't want to disclose personal information
3. Some programs require to pass kyc difficult. Eg: provide proof of address verification, or bank account statement... They need them for what?
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January 18, 2019, 05:24:59 AM
 #157

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 .. 
Many of bounty hunters participating in bounty from multiple accounts and KYC is like a barrier for them.
I generally try to avoid checking out KYC because it’s illegal for bounty hunters. We are not clients and investors of ICO projects and should not undergo such verification.
In addition, the KYC check is usually carried out after the end of the ICO, there is no information in advance about the order of its passing, we sometimes spend a lot of time and effort to get such information and I do not like it.
In addition, sometimes we are required to provide such documents that we simply sometimes cannot provide. They demand from us to work first, and then it is revealed that we are not paid due to KYC checks. Therefore, such a test in any case should be carried out before we begin our work, and not after it.

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January 18, 2019, 05:31:08 AM
 #158

If Bounty managers conducting KYC only to avoid scammers and cheaters then its right call and everyone should not have any problem with it. if that's not the case then i don't want to risk my personal documents and identity.
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January 18, 2019, 05:38:24 AM
 #159

Indeed, now many bounty hunters use KYC (Know Your Custumer) if they want to get bounty results, actually it was KYC to avoid double accounts that were done by bounty hunters, but it made the hunters uncomfortable, because they were afraid their personal data was misused .
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January 18, 2019, 05:43:48 AM
 #160

If Bounty managers conducting KYC only to avoid scammers and cheaters then its right call and everyone should not have any problem with it. if that's not the case then i don't want to risk my personal documents and identity.
There was a latest scam platform that stealing thousands of identities from the bounty participants. That should be the problem and bounty hunters get a two choices for that. Participated by put your personal identity on the risk or not.

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