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Author Topic: KYC SHOULD BE STOPPED FOR BOUNTY HUNTERS  (Read 55955 times)
belingbanged
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March 11, 2019, 04:22:57 AM
 #401

I think KYC for bounty hunters is incorrect because they are not investors. I think it's better to look for a Bounty project that doesn't use KYC because it's complicated and they can't be trusted. Some Bounty projects have used KYC and the project has not succeeded and has become a scam.

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March 11, 2019, 04:27:36 AM
 #402

I think KYC for bounty hunters is incorrect because they are not investors. I think it's better to look for a Bounty project that doesn't use KYC because it's complicated and they can't be trusted. Some Bounty projects have used KYC and the project has not succeeded and has become a scam.
although bounty hunter wasnt an investors, but maybe they need data for their token holder and to prevent bounty cheating.and it also depend on us if we want to pass it or not, as long we know its consequences.as bounty hunter we have to decided earlier when campaign start, did we will continue working if its project required to pass kyc.


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March 11, 2019, 04:44:22 AM
 #403

In these days, personal information is also traded, so is it safe to disclose personal documents to get some tokens. In fact, bounty hunters are just promoting the project, so what is the point of imposing KYC (know your customer) on them. One thing bounty hunters can do, they can stop participating in bounties that require KYC.

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March 11, 2019, 04:49:22 AM
 #404

KYC procedures is not bad for those bounty hunters eventhough all our personal data are required to post to their website i think the main reason for this is to protect from scammer to stolen our reward token.
My thoughts are the same as you, KYC is not bad for bounty hunter because it'll help us filter the scammer and protect token value. Scammer don't like KYC and always complaint because they can't KYC all the account, they can't receive "cheat" rewards. However I won't oppose KYC, but I'm just worried that some project kyc does not support my country.
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March 11, 2019, 04:54:42 AM
 #405

KYC for the Bounty program arises because there are many fraudulent accounts. Indeed, KYC is good because it has a purpose to prevent fraud. But it is often unfair for bounty hunters. What is unfair is when the bounty hunter has completed KYC. Prize hunters still don't get the promised token.

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March 11, 2019, 05:43:44 AM
 #406

As for me, I do not think Bounty hunters should pass KYC - they do not invest real money in the projects that's why there should not be any problems with the governmental regulation.
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March 11, 2019, 05:49:33 AM
 #407

As for me, I do not think Bounty hunters should pass KYC - they do not invest real money in the projects that's why there should not be any problems with the governmental regulation.
There are lot of bounty hunters who don't care about KYC and promoting it so there is no need for the bounty team to stop it if there is demand for the bounty hunters due to KYC then they might stop asking for KYC.
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March 11, 2019, 05:57:17 AM
 #408

It is our wish whether you want to submit the KYC or not because some potential companies will always ask for KYC in order to get tokens. So it is our wish whether to join those bounties or not, so always join the bounty which they won't ask for KYC.
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March 11, 2019, 04:58:09 PM
 #409

A very, very correct statement, but it seems to me that more people will be absolutely still. I understand that now many people are trying not to give up KYC for cryptocurrency. You understand that this is not normal.
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March 11, 2019, 05:11:38 PM
 #410

indeed, in my opinion, it is better if the kyc is deleted only for bounty hunter because it is not appropriate, for example, the amount of reward only gets 1-50 $, maybe we should only apply to reward recipients above 500 $

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March 11, 2019, 06:49:36 PM
 #411

I agree but sometimes I don't agree.
I agree because KYC makes it difficult for bounty hunters and sometimes there are those who don't get paid just because of KYC, even though he worked hard.

Whereas I also disagree because many people try to cheat by posing as us, registering a username with a different ETH, so KYC is also needed.
What do you think ?

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March 16, 2019, 06:43:54 PM
 #412


In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.

I also think that the bounty hunters should be informed that KYC verification will be required before joining the campaign, but if someone is honest and the reward is high enough, then he should not have problems with the verification of documents.

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March 16, 2019, 06:52:04 PM
 #413

What is KYC? It means knowing your customer. In KYC some requirements are required such as: Full Name, Residence address, Citizenship, Birth date, Photo of government issued ID (Driver’s License, Passport, ID card),
Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .

I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services  to create awareness for the project. Which ought to be paid for.

In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.

I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.

This is just an example of what is happening.

What do you all really think about kyc for bounty hunters?
i totally agree with you bro, though i myself have participated in so many bounty programs in the past and none of them have ever asked any of us participating as a bounty hunter to undergo KYC.....but if ever they will want to impose KYC on bounty hunters, then just as you said, they should allow the hunter go through the KYC first, if passed, then can go ahead promoting the project....doing it the other way round to me is a criminal act

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March 17, 2019, 04:52:10 AM
 #414

Kyc is an option so for us who not full confident that we will pass a kyc(know your customer) we have the choice to not participate in that bounty. There are still valuable project around making a bounty program without kyc so better to pick them. At the end were half safe to be paid out


Well I also disagree in kyc so i never participate campaign with that when the kyc come up at the end of the bounty

Its really big deal
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March 17, 2019, 04:57:21 AM
 #415

What do you all really think about kyc for bounty hunters?

Tbh i agree KYC for bounty hunters, because KYC also help bounty hunters to eliminate alt accounts. I'm sure there are so many alts accounts on bounties, that's why KYC is also good for bounty hunters. Let's look on the positive side.
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March 17, 2019, 07:02:01 AM
 #416

There are also advantage of doing KYC for the bounty hunters because most of them are making multiple accounts but for me KYC is should not required for the bounty hunters most of them are lacking of documents or valid ID.
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March 17, 2019, 08:39:05 AM
 #417

Its always a developers choice to implement KYC in there project or not and if any investors or bounty hunters doesn't like it they should just avoid the project ,I don't see anything wrong in KYC ,it tackles cheater ,I'm just worried about the identity we dropped ,how safe it is? No one knows

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March 17, 2019, 10:03:53 AM
 #418

I feel that it's really not necessary for bounty hunters. It's really not necessary, but developers still want it. that's hard to understand. I think they will do something with our personal information.
Sometimes they sell our information to certain organizations to get more money. This is my argument about KYC for bounty hunters.
Currently I only choose projects that do not apply KYC for bounty hunters. That would be the best option.

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March 17, 2019, 10:43:08 AM
 #419

What is KYC? It means knowing your customer. In KYC some requirements are required such as: Full Name, Residence address, Citizenship, Birth date, Photo of government issued ID (Driver’s License, Passport, ID card),
Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .

I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services  to create awareness for the project. Which ought to be paid for.

In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.

I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.

This is just an example of what is happening.

What do you all really think about kyc for bounty hunters?

I totally agree with you. Kyc is a statutory requirement by a country to monitor money laundering. Bounty hunters don't invest fiat or coin but rather offer marketing services. Kyc is a total waste of time and resources for them

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March 17, 2019, 11:09:15 AM
 #420

What is KYC? It means knowing your customer. In KYC some requirements are required such as: Full Name, Residence address, Citizenship, Birth date, Photo of government issued ID (Driver’s License, Passport, ID card),
Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .

I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services  to create awareness for the project. Which ought to be paid for.

In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.

I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.

This is just an example of what is happening.

What do you all really think about kyc for bounty hunters?

I totally agree with you. Kyc is a statutory requirement by a country to monitor money laundering. Bounty hunters don't invest fiat or coin but rather offer marketing services. Kyc is a total waste of time and resources for them
I myself also agree that if KYC is stopped completely KYC often makes the bounty hunters afraid that sometimes there is KYC that is difficult to fulfill until in the end the hard work does not get the results as expected, although that is not all but it is indeed time consuming. wasted.

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