Why Bounty Hunters Hate KYC !!!

[freya louis]

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 .. 

Some people will be uncomfortable doing that because their identity is very valuable especially given to people who do not know and not for something authoritative. I myself will think twice if I give my identity, because if my identity is used for crime then who will be responsible. Sometimes it hurts more when KYC is passed but we are disqualified from the bounty.

[714]

In my opinion, the most important thing is that the reward is too small compared to revealing identity. You won't make KYC with a $ 10 reward. Moreover there are too many scams out there, many projects just want to collect people's information without ever paying any cost.

[amaterazu]

I think because not all ICO projects that use KYC are good. Many projects use KYC and they struggle to pass KYC. But in the end, they did not give the token as promised. Of course, this is what makes many people disappointed.

[lavoncoin88]

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 .. 

That's the big advantage of the project by doing KYC as a security but it can be used also to fake others and get your identity for illegal business matters. Submitting KYC is a serious thing that need to be review if that project need to be submitted or not to get away from scammed project. There some project also that secured and doing KYC is not dangerous at the same time earning also.

[riska hanissa]

I as a bounty hunter also hates KYC, why?
Because I don't want my identity to be spread to strangers who I don't know who they are, I'm just a bounty hunter, not an investor

[Vaculin]

I as a bounty hunter also hates KYC, why?
Because I don't want my identity to be spread to strangers who I don't know who they are, I'm just a bounty hunter, not an investor

That's right, we never know if this people that we are working are real people, or have a good intention.
With our identity at their control, they can sell it at the dark market even without out knowledge, and that makes it risky.
If only we know they are trusted then maybe we will be confident with our decision to comply with the KYC.

[Sys.mrp]

Bounty hunters do not like KYC because in most cases this is a common fraud, sometime they are forced required to provide their documents, but fraudsters use them for their own gain or to sell. None of the participants of the bounty likes to disclose his anonymity because it is his right.
   

[Little Mouse]

Because bounty hunters like us do not want to reveal our identity to some person who we do not know. They can harm us if they get our identity. Why should we given our identity then. Also, in some countries, cryotocurrency are not legal.

[repear7]

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 .. 

Everyone should begin to care about the security of their data, not to mention bounty hunters, I recently read in this forum about theft and sales of personal data, even they put advertisements on dark web, this is a serious problem

https://bitcointalk.org/index.php?topic=5099937.0

[Tylev]

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 .. 

On another topic, information that Darkweb traded on our data with KYC checks of ten dollars per one hundred just passed. Given the high level of fraud among ICO projects, we deliberately transfer our personal confidential data and copies of our documents directly to fraudsters.
In addition, after the end of the ICO, we have to search for information about when and how to pass the KYC test for several months and we lose a lot of time and nerves.

[macshad]

I think everyone is just been protective of the identity and personal information, most of all this ico asking for kyc ( know your client ) just use it to steal personal information from bounty hunters and most times the bounty rewards doesn't really justify putting your personal information out there, am one of the people that see kyc and turn away

[reza7777]

Yes maybe most bounty hunters don't want to have their identities given to unknown people but if I'm private it doesn't matter to do KYC, and some join bounties who have to do KYC, and that looks fine, I'm not looking at projects have KYC procedures but I see the concept of project, if the project has good prospects in the future, I'll continue to join even if I've to do KYC

[S[m]OKE]

They do not want to, because the KYC process itself does not guarantee that the project is worthy, and he is waiting for a successful future.

[cyberdg]

In my opinion, spammer who the most people hate the KYC. I am sure those who are honest with just one account must be the usual response.

[odranoel]

Well for me i never hate KYC since i have this, but of course if may to choose i would love to prefer bounty without KYC, simply because it is easier than it has. That's why many bounty hunters hate KYC  because it is just an additional work to do as a bounty hunter.

[Prettymie]

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 don't understand why those bounty hunters should undergo KYC just to claim small amount of token. KYC should only needed for those investors who invest more than $1k but those dev and the bounty managers force us to conduct KYC. It's unfair that we need to give our identity for just small amount of money and its danger if they will not place our data in a secure area as this might be use in the black market

[burky155]

Know Your Customer procedure is one of the biggest problem for all bounty hunters i believe. But most of the bounty programs admins would tell the hunters about the KYC thing at the end of the campaign, because not many people would join it if they tell us before we join. Also i think that the KYC procedure should not for bounty hunters, it should for the big buyers and traders.

[tranquangvinh]

I think KYC is not too troublesome if the project is good and potential, we just need to take some time to do KYC but I still don't understand why we need to do it because we are not investors?

[thesmallgod]

there are many reasons for this but you should not generalize that hunters hate KYC. there are hunters that do not hate it. One common reason why many hunters hate KYC is that of the safety of their document with such project. There are many cases of fake document being sold on the internet and for this reason, some do not want to give out their document for faceless people. Secondly, it is because of some that have many alt accounts. It is not new that many hunters want to cheat by using multiple accounts to receive a large share of token but since KYC will reveal the secret then they will not like to join such project

[kalstarzz]

I hate Kyc with some reasons, anonymus does not apply when we have to fill in the KYC, then the projects that we follow do not necessarily give fees that are in accordance with the KYC we give.