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Author Topic: Why Bounty Hunters Hate KYC !!!  (Read 93909 times)
TelolettOm
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February 21, 2019, 04:34:06 AM
 #581

I am a bounty hunter, I avoid KYC if there is a bounty that has to do this. for me KYC is very risky and dangerous because our identities are known and afraid of being misused like to do scammers and unwanted actions.
But if we don't do Kyc, we also don't get the rewards that were previously promised. like it or not we have to go through the process and believe that our data is not misused

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LiquorBan
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February 21, 2019, 05:12:09 AM
 #582

Bounty hunters hate KYC because they dont want to show their identity and some project steal people privacy.They do not want to disclose their information to others.
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February 21, 2019, 05:34:09 AM
 #583

The fact is that most bounty hunters do not really care about KYC as long as it is mentioned from the beginning, they tend to hate it if it is mentioned after the bounty is over because they see it as a way for the project team to deny them of their tokens.
Reason that is quite realistic. Actually, there is nothing wrong with KYC, it can reduce spammers and multiple accounts trying to cheat. As long as the KYC process is not difficult, the developer is responsible for data security, I don't think that's a problem. Usually, for KYC I use a driving license.

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Pffrt
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February 21, 2019, 05:39:21 AM
 #584

The fact is that most bounty hunters do not really care about KYC as long as it is mentioned from the beginning, they tend to hate it if it is mentioned after the bounty is over because they see it as a way for the project team to deny them of their tokens.
Reason that is quite realistic. Actually, there is nothing wrong with KYC, it can reduce spammers and multiple accounts trying to cheat. As long as the KYC process is not difficult, the developer is responsible for data security, I don't think that's a problem. Usually, for KYC I use a driving license.
So, the developer is responsible for data compromise, right? Now, if data gets compromised, you will lose, what will developer do then? Isn't it good to be safe before something wrong happens?
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February 21, 2019, 05:58:57 AM
 #585

A genuine person do not have a problem to give the kyc either he is bounty hunter or investors. A fraud person will not go for kyc because he has not documents for kya.

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February 21, 2019, 06:05:57 AM
 #586

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 .. 
Because of these contrived KYC checks, in many cases I don’t get my earned tokens. The whole problem is that the KYC check is not only illegal with regard to bounty hunters, but also carried out at the end of the ICO or even after its completion, and even often it happens that several months after the completion. The ICO teams do not give clear explanations and keep us in the dark, thus forcing us to constantly reread hundreds of messages in their telegrams. As a result, it turns out that they not only require the provision of such copies of documents, which we sometimes cannot give, but also there are some technical problems, deliberate or not, that prevent the acceptance of our information. After the end of ICO, this remains only our problem; after all, it is even beneficial for the ICO teams that we do not pass such a KYC test.
So why should we like this check? This is still a very serious problem for the normal operation of bounty hunters.
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February 21, 2019, 06:08:44 AM
 #587

For me it is not just the bounty hunters who hate the KYC, Also investors.
KYC is passing your identification and documents to the team that might be stolen and leaked to the public.
As i understand and know on this, KYC profits only the team ICO and not any individual.
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February 21, 2019, 06:12:50 AM
 #588

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 hate kyc because they are afraid that scamners or other people will might used their informations to trick other people. Many people have understand that it is needed to their ICO project but they also need to understand that they need to protect their own information.

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February 21, 2019, 08:30:22 AM
 #589

I don't want to give my documents to anyone in the web. And I want to see all the documents of people who want my money or work.

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February 21, 2019, 10:20:55 AM
 #590

Not all bounty hunters want to provide their documents to unknown people who in the process can be used for what reason!
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February 21, 2019, 10:55:29 AM
 #591

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 .. 
Yes many bounty hunters are hate KYC, Why they want a KYC the work of bounty hunters are to promote the project. But it depend only to those bounty campaign are careful because they want to know on who are participating in bounty because some of them are duplicate the account or have some bot.
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February 21, 2019, 04:52:57 PM
 #592

As I would see it there are two fundamental reasons why abundance seekers would prefer not to do KYC. To begin with KYC should be for financial specialists Bounty seekers are not clients of the task they would prefer not to reveal their data to other people. Also abundance seekers that utilization various records  obviously don't need KYC.
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February 21, 2019, 04:54:22 PM
 #593

They hate KYC because most of the bounties don't give them enough money and they are risking their private information for it. And besides, the value of the coin is not determined yet so the rate of risk is indeterminable .

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February 21, 2019, 04:59:01 PM
 #594

I also don't like KYC, but it seems for me that KYC is something what you have to follow, no doubts. Is it hard to send pair of documents and pass KYC?
Almost nobody has problems with KYC
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February 21, 2019, 05:10:01 PM
 #595

because some of them live in countries where it is forbidden to receive coins and because of this they are limited

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February 21, 2019, 06:11:25 PM
 #596

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 .. 
This is a bad things for bounty hunters. Because bounty hunters always doing there promoting part and they task very well. so he definitely qualified to receive bounty rewards and not required KYC for it. Lot of companies arerequest KYC after completed bounty task. So bounty hunters hate for KYC in this condition.

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February 21, 2019, 10:11:02 PM
 #597

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 .. 
Most people use a lot of bots , and also a lot of accounts , and this does not want to pass kyc, if you use one account and play by the rules, I think it will not be much work to pass it

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February 21, 2019, 10:24:20 PM
 #598

Because at least 50 percent of hunters are trying to trick bounty managers, by taking part in a bounty with multiple accounts. This harms other participants, so I think that every hunter must pass a KYC and cheaters should be banned.
I think that's true, as far as I know the KYC function is to prevent hunters from entering with many accounts. Some people don't like it because maybe the process is quite complicated, but I don't think KYC is 100% bad. Find out for yourself, then decide for yourself whether KYC isn't bad, it's just that some projects suddenly use KYC so hunters see it as fraud.
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February 21, 2019, 10:47:10 PM
 #599

Most bounty hunters hate KYC because bounties these don't pay that much and no one would want to sacrifice his personal information for something too small to even cater for his internet bundles.

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February 21, 2019, 11:33:54 PM
 #600

They consider the KYC to be very risky and now there is a lot of fraud. But as a bounty hunter, of course, they have choices that they think are good. And in my opinion, this KYC pattern must be changed. And what I mean is that KYC was placed at the beginning of the campaign. So people who want to join must pass KYC.

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