Btcvilla
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January 25, 2019, 01:23:49 PM |
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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 main factor is to prevent many farmers. that's why KYC is currently applied to bounty hunters. yes, I think the current bounty is not too profitable as well as the ico. so if you don't want to do it, it's your right, but you won't get the reward token.
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marcous
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January 25, 2019, 01:28:29 PM |
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One reason is that identity is very valuable and privacy. but on the other hand, the existence of KYC at least reduces cheating like multi accounts. But KYC its alright for me,,
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Gheka
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January 25, 2019, 02:16:26 PM |
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I,like most participants, do not like the KYC procedure,because I do not want to trust my personal data to people who can use them for their own purposes.But I had exceptions when they warn about this procedure at the end of the bounty program.
Similarly, I also don't like procedures like kyc because as you say, they can use our personal data for their other purposes, a lot of people involved in the projects reported this issue when the project sold their personal information, and this information becomes the tool for cheaters, they used to participate in airdrop projects, affecting the interests of many people. In addition, projects often use kyc as a plan to cut rewards from bounty hunters, many bounty hunters have received nothing or received very little reward when kyc appeared, too much trouble from kyc and this is also the reason why bounty hunters hate it
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rdewilde
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January 25, 2019, 02:23:35 PM |
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Because their KYC may be rejected and they will not receive their reward. So many bounty hunters don't like KYC and they may not want their information to be leaked out
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0t3p0t
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January 25, 2019, 02:40:02 PM |
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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 ..
One is of course security issues and second is that ICO's are trying to make something legit even though it's not. ICO's requires KYC unfortunately tokens has no value at all as it hits exchanges so it is just a waste of time. As a bounty hunter I personally don't like KYC too as it is complicated. Sometimes KYC might be a trap but yeah I think majority of us don't like it. We are good to go with projects that does not require KYC.
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iqlimasyadiqa
Legendary
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Activity: 1596
Merit: 1011
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January 25, 2019, 02:45:28 PM |
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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 ..
One is of course security issues and second is that ICO's are trying to make something legit even though it's not. ICO's requires KYC unfortunately tokens has no value at all as it hits exchanges so it is just a waste of time. As a bounty hunter I personally don't like KYC too as it is complicated. Sometimes KYC might be a trap but yeah I think majority of us don't like it. We are good to go with projects that does not require KYC. Yes, right because KYC sometimes becomes a scary thing. the bounty hunters were afraid that their identity had been stolen. KYC processes also sometimes are at a complex level and require a variety of very personal data. in the era of technology, security issues are now very risky. something like this is a choice and we are required to react because when we are silent we will get nothing.
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joshy23
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January 25, 2019, 02:49:41 PM |
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The fact is that bounty hunters are people, yes, imagine we are people and we don’t like it when they are trying to deceive us, and this happens very often, especially recently when there are only scam projects on the market.
Risking personal information with scam projects, that's why most of the hunters hates this process, we do have our own opinions and we do have options when we join campaigns, projects we believe to be legit won't fear us to provide information like kyc but those we suspect for being scam we will not do things that will endanger our personal information as this type of details can be sold in the black market.
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shadowduck
Full Member
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Activity: 840
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Oikos.cash | Decentralized Finance on Tron
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January 25, 2019, 03:27:53 PM |
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One reason is that identity is very valuable and privacy. but on the other hand, the existence of KYC at least reduces cheating like multi accounts. But KYC its alright for me,,
it does not reduce cheaters amount. Any cheater knows where to buy documents and go through KYC if he has several accounts.
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Galantin
Jr. Member
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January 25, 2019, 03:29:56 PM |
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Because giving your data to a not known company, we risk. Then it turns out that fraudsters are registered according to your data in other projects. I have seen such cases.
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veil ///// PRIVACY WITHOUT COMPROMISE. ///// https://veil-project.com/
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Gabali126
Jr. Member
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January 25, 2019, 03:46:22 PM |
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It is simply because the bounty hunters don't want their identities revealed and want to remain anonymous which is the goal of cryptocurrency.
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jony35490
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January 25, 2019, 03:52:45 PM |
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As far as I know bounty hunters hate kyc because they don't want to give their personal information to others persons. Also private information is important than little reward.
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kakonhat
Member
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Crypto in my Blood
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January 25, 2019, 04:03:52 PM |
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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 know why other users don't like KYC, but I don't like because of their time. Most of the bounty doesn't take the kyc in running time of bounty and they say they will ask later (uncertain time). It's the big chance to miss the date because I can't up to date regularly after finishing that bounty. Because I do many so I pay attention to running bounty.
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travwill
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January 25, 2019, 04:41:17 PM |
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Bounty hunters hate this procedure because many projects introduce it unexpectedly at the very end in order to complicate the process of obtaining tokens for bounty hunters, besides, no one likes such surprises, such things need to be warned immediately.
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aomakun
Sr. Member
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Activity: 1020
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JangaCams.com
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January 25, 2019, 05:32:32 PM |
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Bounty hunters hate this procedure because many projects introduce it unexpectedly at the very end in order to complicate the process of obtaining tokens for bounty hunters, besides, no one likes such surprises, such things need to be warned immediately.
it might upset the bounty participants because the KYC process was informed when the project had finished making sales. and their respective project teams like playing their policies. it may not be an identity problem but the information obtained is often left behind and the results for those who do not participate in KYC do not get paid
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Elmer Grant
Newbie
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January 25, 2019, 05:38:38 PM |
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I think, most of them don't like it because have a lot of fake accounts, with which they like to earn much more tokens. And almost didn't do a thing. So they will harm to the project and a campaign. As for me, I like when bounty has KYC. For example Huobi Russia. I'm more than sure, that I will get a lot of tokens. And I don't have any fake accounts and I don't have to prove some one that all others aren't mine. As I know, I do my own work.
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defoman
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January 25, 2019, 06:29:40 PM |
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In my opinion, the main reason is the reluctance of bounty hunters to reveal their identity. But in addition, there is a risk that the project are scammers who want to get your data. Therefore, I believe that the KYC procedure should become safer, and the project should be responsible for the safety of our personal data.
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LUGHUL
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January 25, 2019, 06:39:14 PM |
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There are 2 reasons I know why bounty hunters hate KYC. First they are afraid if their data is misused, and secondly they cannot commit fraud like using multiple accounts to participate in a bounty campaign. That is the reason I know why bounty hunters hate KYC.
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Mysteryla
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January 25, 2019, 09:13:18 PM |
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Most bounty hunters right from the onset, have not been involved in anything KYC. It is expected that they should be paid for their works without KYC. The KYC might affect a lot of things, such as reduction in the number of participants. Although, some people might like that, because they feel the reward will be enough for them. Most times, bounty hunters are more exposed to scam projects than most investors, because they participate in so many projects at the same time. They are predisposed mainly because they do not do research before investing.
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claus-rich
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January 25, 2019, 09:21:06 PM |
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I think that people just want to maintain anonymity in the cryptocurrency market. That is why they do not like KYC . I also do not like KYC
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Cyptobonds1
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January 25, 2019, 09:43:00 PM |
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Yes. They should because someone like me also run away anytime I see anything like kyc in any bounty, how do you expect me to drop my details just for participating in a bounty campaign which am not sure of maybe it will will have value or not.
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