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Author Topic: KYC SHOULD BE STOPPED FOR BOUNTY HUNTERS  (Read 55957 times)
Olatunjex
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March 03, 2019, 08:41:06 AM
 #321

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?
KYC for bounty hunters is manipulative measure used by project team to reduce the amount of reward that suppose to be given to people who promoted their project, though this is not always right in case of security token but if otherwise, i don't see any reason why bounty hunter should do kyc for utility token.

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March 03, 2019, 08:47:57 AM
 #322

Kyc must be dismissed for bounty hunters, because it's not comparable to what they get. Kyc is more suitable for investors who have larger coin assets

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March 03, 2019, 10:21:04 AM
 #323

Yes, exactly KYC should be stopped for the bounty hunters because they do not want to reveal their identity. And because of this thing, many projects have stopped asking for KYC to the bounty hunters.
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March 03, 2019, 11:06:52 AM
 #324

It should be announced by bounty manager.
They change rules later because they know they won't get exposure they need.
Next project who do this to bounty hunters, and bounty hunters should use their skills to spread word about project who screw them after they did marketing.
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March 03, 2019, 11:13:08 AM
 #325

Yes, this KYC procedure had  to never came around in firstplace but slowly all the ICO's started to ask about it and we, bounty huntesr had to send them everything.. Everything that keeps us anonymous. Also today the exchanges are asking for it, lately i signed up with IDAX and on my my first deposit they asked my KYC and if i didn't send i couldn't be able to withdraw. KYC is everywhere and i hate this situation.

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March 03, 2019, 11:32:10 AM
 #326

What are you guys doing here, just flooding? What is this topic about? Those who do not want to go through KYC - do not pass it, those who agree to send their documents to unknown people - pass. What can this topic change? Do you think that projects will read it and refuse kyc, which is beneficial for them?
The only chance to influence this somehow is simply a boycott of projects that require kyc from bounty hunters. To do this, absolutely all hunters should not participate in any campaign with kyc. With time, this may work, but can bounty hunters agree on this and do it? I'm afraid not . All they can do is blame how bad everything is and how little they get for their "hard work".
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March 03, 2019, 12:09:31 PM
 #327

i don't even know why kyc should be required from bounty in the first place, i see it as an indirect way of collecting personal info from gullible bounty participants, but ofcourse since we have enough cheaters in the bounty campaigns hence the necessity for requiring it, but there should be other means of filtering out cheaters without requesting kyc, who knows if the project team even have time to go through the amount of kyc submitted to them, how can they tell the fake from original Huh

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March 03, 2019, 12:13:58 PM
 #328

Yes, exactly KYC should be stopped for the bounty hunters because they do not want to reveal their identity. And because of this thing, many projects have stopped asking for KYC to the bounty hunters.
I wonder why but for me, its better to make KYC limited. Its better to get at least a unique information for individual so there will be no more cheaters on a bounty program. A selfie and valid ID will be a big thing so maybe the developers just want to protect their project, but if you don’t want to give information then don’t participate.
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March 03, 2019, 12:22:19 PM
 #329

They should not required KYC for bounty hunters, I don't know why they need that, we are bounty hunters not investors, I don't want to share my personal info to the strangers, it is risky you know.

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March 03, 2019, 12:41:57 PM
 #330

I have observed closely that bounty campaigns requesting KYC usually have very few participants. It is a great advantage to the few number of people who are ready to take the risk of giving their details.
From begging of bounty campaign manager mention that which campaign require KYC or not. So that who guys not agree to pass KYC they can avoid those projects. I think KYC is 100% strong antibiotic to remove spamming diseases actually who stupid using multiple account.                   

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March 03, 2019, 01:35:32 PM
 #331

So a KYC process stops for bounty hunters for mistakes. most people exploit the chance of an online or a virtual process, as it is simply a scam or a misrepresentation by making a false profile for KYC easy to do with non-real people. and nothing can do in life always make sense. for me if KYC is processing properly, it's a good way to tell who you really are.
Dacosta Osei-Tutu
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March 03, 2019, 02:07:30 PM
 #332

Most projects give excuses that kyc is for them to eliminate cheaters which may be reasonable in one way or the other. But I still don't join projects which demand kyc so I always try to read all the bounty rules to make sure there is no kyc. Sometimes you might not even see the announcement in their telegram group and sadly lose your tokens
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March 03, 2019, 02:19:48 PM
 #333

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 think KYC should be really not required for bounty hunters because we bounty hunters don't use any funds we only promote the project. I think creating an account in their website could be required but sending information not should be needed.
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March 03, 2019, 02:32:42 PM
 #334

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 think KYC should be really not required for bounty hunters because we bounty hunters don't use any funds we only promote the project. I think creating an account in their website could be required but sending information not should be needed.
I'm funny when there are many projects that require KYC. but their token does not have any value. And they are trying to gather participants information for free to do many bad purposes


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March 03, 2019, 02:58:21 PM
 #335

I agree with many that for bounty hunters you do not have to follow a procedure like KYC, in our understanding, if this is not a project directly connected with the authorities or governing bodies of the state, then there’s no point in collecting information from hunters I think it is enough confirmation by mail, well, in extreme cases, the phone.
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March 03, 2019, 03:05:18 PM
 #336

KYC is good for those who join ICO. But for bounty, I think KYC is an excessive action and we should eliminate it. We do not invest any money so we do not need KYC to receive our reward

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March 03, 2019, 03:16:17 PM
 #337

There is no need of KYC (know your customer) for bounty hunters, as their services have been used for advertisement purpose, so why they have to pass KYC, they are not buying tokens, just creating awareness about the project.

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March 03, 2019, 03:25:03 PM
 #338

KYC has not problem if you follow the rules and requirement. KYC is for all of us so we can prevent scam but the only risk of having KYC is the identity theft other developer was using other people.
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March 03, 2019, 03:26:15 PM
 #339

They must be able to appreciate bounty hunters who have helped them to promote the ICO project. These bounty hunters work every day and need 2 to 4. But when these managers change the rules for using KYC, of course, they will be disappointed. Prize hunters will be confused because they fear their personal data will be misused.
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March 03, 2019, 03:41:25 PM
 #340

KYC mean know your customer. Bounty hunter just prmot a project he or she not a customer of any project.   In this KYC should stop for bounty hunter.

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