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Author Topic: Why Bounty Hunters Hate KYC !!!  (Read 93909 times)
sorrros
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February 15, 2019, 10:28:20 PM
 #441

The problem is with the government that needs ID verified members on every financial platform and some of these platforms are abusing it and selling IDs on the black market. You do not have problem with that thing?

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February 15, 2019, 10:41:44 PM
 #442

what I know is that the bounty hunters left the project they supported after the KYC news, the reason for one of them was because they did not want their data to be told to the people behind the project, because there is no guarantee for our own data security.
except if the future government contributes to the ICO project can make regulations for every new project that will emerge and every project under the legal umbrella of the government, we as bounty hunters will definitely not worry anymore if there is a KYC system to get results from our work in supporting the project that is.

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February 15, 2019, 10:58:40 PM
 #443

Some of them have a sad experience when you send your documents, and then you find out that the project is a scam, as a result your documents may appear on the black market, so you should be very careful when choosing a campaign.

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February 15, 2019, 11:27:15 PM
 #444

Since many campaigns do not warn about this in advance, but only after the end of participation, when all the work has already been done and the bounty hunters have no choice but to send their documents to get tokens.
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February 15, 2019, 11:57:40 PM
 #445

I think most of the bounty hunters are hate KYC system is it because they think it might steal their private identity, their are just a bounty hunter not an investors. Bounty hunters are some of them are lacking of documents also that is why they hate KYC.

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February 16, 2019, 01:10:48 AM
 #446

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 .. 

Obviously, it is not easy to hand out your identity for something that might not even have value. Security reason is not the only reason why bounty hunters run away. KYC should not be compulsory for bounty hunters as they only help to spread the word about the project, some bounty managers also use kyc to curb multiple account usage too, but KYC is really a high risk.

Most hunters avoid KYC because worry on ID safety. Like or not, KYC will be a standard in cryptocurrency space and its needed to comply government regulation. But in others side, crypto is about the freedom to hide our identity and this is should apply in ICOs. But mostly, bounty that require KYC is more legit.
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February 16, 2019, 01:48:00 AM
 #447

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 .. 
yeah, i think all bounty hunters have their reasons. indeed, most of their main reasons were that they did not want their identities to be spread out, let alone some time ago news spread that some projects were selling "personal identities" of bounty hunter participants (but this has not yet been proven).

i personally don't mind if there is KYC filling, but i also don't like KYC. the point is, i just try to follow the rules of the bounty manager and try to trust them.
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February 16, 2019, 02:57:21 AM
 #448

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'm a bounty hunter too and i don't see any negative effect if the ico require kyc for bounty hunter this in fact this can help avoid multiple account for bounty hunter in one ico. If investors are doing kyc why bounty hunter opposed?  As kyc of investor are more prone to risk than the identity of bounty hunters. Maybe they hate kyc because they can't join multiple account in one ico.
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February 16, 2019, 03:01:39 AM
 #449

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'm a bounty hunter too and i don't see any negative effect if the ico require kyc for bounty hunter this in fact this can help avoid multiple account for bounty hunter in one ico. If investors are doing kyc why bounty hunter opposed?  As kyc of investor are more prone to risk than the identity of bounty hunters. Maybe they hate kyc because they can't join multiple account in one ico.

You can't force someone to join a campaign where they need to go for kyc. Some of the bounty hunters care for their personal identity then rather joining a kyc campaign they will just find another campaign without kyc.

I think,bounty hunter has same risk as the investor providing kyc. Because, they pass their identity too to the company. You have no assurance if the company won't sell your identity to anyone because you can't see what they are doing in their office.

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February 16, 2019, 03:28:11 AM
 #450

not all bounty hunters hate KYC and not all ico projects do KYC systems. I often see complaints about KYC and important points in my opinion that KYC should be for investors and not for bounty hunters. yes, until now I have started avoiding ico that applies the KYC system.

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February 16, 2019, 03:38:16 AM
 #451

The mercenary hates cyc, maybe they have different reasons, maybe they don't have the identity needed in the cyc, for example a sim or passport that not all have, if only their ID card must have, this is one of them which causes them not like kyc

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February 16, 2019, 04:02:43 AM
 #452

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 the backbone of the project and if the project needs KYC then they will not show their involvement in such projects. And it is happening because they don't want to disclose their identity.


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February 16, 2019, 04:37:28 AM
 #453

Yes, most bounty hunters like that. They do not want their identities to be known for security reasons. We do not know where we give up our identity because there are also many people who abuse the identity of others. Of course, this, if it happens, will make us lose.

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February 16, 2019, 04:56:33 AM
 #454

I also don't get the need of KYC for bounty hunters. KYC stands for Know Your Customer, and bounty hunters are not customer who buy tokens in ICO. KYC verification also takes time to be done which causing longer distribution process. If i had to pass KYC verification, i would do it depends on how much reward i get.
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February 16, 2019, 04:56:41 AM
 #455

Why would bounty hunter do kyc for promoting a project , I see some using bot but not all and the not can't function normally like human as that will solve the equation but I don't see any reason to submit kyc for participating in bounty promotion as the information is private too and not all people can release their details to who they don't know.
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February 16, 2019, 05:00:34 AM
 #456

I also don't get the need of KYC for bounty hunters. KYC stands for Know Your Customer, and bounty hunters are not customer who buy tokens in ICO. KYC verification also takes time to be done which causing longer distribution process. If i had to pass KYC verification, i would do it depends on how much reward i get.
If you get a little of course, I'm not used to it. Moreover, doing KYC is difficult, it's better to leave. But there are still projects that do KYC on the grounds that they want to deal with people who cheat on their bounty programs. Actually that is a reasonable reason.
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February 16, 2019, 05:00:46 AM
 #457

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 the backbone of the project and if the project needs KYC then they will not show their involvement in such projects. And it is happening because they don't want to disclose their identity.
there are some projects that don't use bounty campaigns to be successful. it's not the only reason the bounty hunter is the backbone of the project. they have a better team and promotion place. but hunter bounty until now is indeed arguably the fastest way to get investor funds. because the promotion is done quite widely without having to spend very large advertising costs. We are not as bad as we thought a bounty hunter, we just have to follow it, I think it's OK.

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February 16, 2019, 06:09:09 AM
 #458

In as much as some bounty hunters do not want their idetity in the public, some bounty hunters hate kyc because after doing the bounty, time for kyc, they will get the result that they failed. This has really made a lot of them hate it . I also don't like it but i do it anyway, This is because i don't know the other way, i just submit my document. Kyc should be stopped.

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February 16, 2019, 06:09:52 AM
 #459

I think they don't really hate KYC. Its just that its a bit risky on the part of the hunter because you just have to provide some personal informations that might compromise your privacy and security. Also, its a little bit hustle on our part because we don't have that before. But if you think about it, its actually good us hunters because its one way to identify scammers and cheaters.
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February 16, 2019, 06:10:45 AM
 #460

normal and natural things if the existence of Kyc makes bounty participants hate, because this is not comparable with the results obtained. Kyc should be directed to investors who invest in large numbers and do not have to go to the bounty counter

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