Change Of KYC Pattern

[Sri rahayu]

This is indeed the right way so we can continue what steps we must take after giving our data, but in the form of a different format with investors, and that must be considered by the bounty manager.

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[SwiggHeart]

KYC is so risky for a bounty because if the project were failed, your identity can be used for other uses to enterprise the developer.

[BitcoinHunt3r]

There have been so much issues arising from bounty hunters doing kyc. So many bounty hunters are against it. Also looking at what kyc means, it means know your customer and bounty hunters are not customers.

So my thought is this: if there must be kyc , it should be done before the start of the bounty. If you pass the kyc, you start the bounty but if you fail, you just leave it and look for some other promising bounty.

What do you think about this?

I think some project already do that, they announce if people should do KYC first in their website and then can join bounty campaign. But it usually for project that consist of market or something that related to payment.

[Golftech]

Good idea, and bounty managers need to accept only those who are willing to take part and send the requirements that needed, both will not waste time as bounty hunters who didn't want to take part will move on and try to work other campaign while the managers will only pick and pay those who continue and work for them, after the ico was ended there's no additional requirements to add but to simply pay those participants who contribute and did their part to advertise the project.

[labilaab]

We can’t force the campaign manager or the founder of the project if they want a KYC before conducting a bounty campaign. KYC helps also in eliminating this alt accounts keep on abusing the forum.

[Cyptobonds1]

That is just the best way, but you barely see them doing it that way because only few people will participate and if they want more people they will have to accept any form of identity unlike when required for at the end of a campaign where you will have to use your passport.

[trudovik]

If you are talking about using KYC at all, then I don’t think it’s necessary to change something. There are no guarantees that people will respond positively to this process in spite of the changes. The question of data storage.

[Sundaey]

Yes. That's actually the best way to pass a kyc and I see that some projects are already doing that recently not unlike the suddenly announced ones at the closing end of the bounty, not knowing if some people really have what it takes to pass the kyc.

[TastyChillySauce00]

KYC is so risky for a bounty because if the project were failed, your identity can be used for other uses to enterprise the developer.

That is why it is highly recommended to choose only high quality project which usually considered as legit.
Most of the time people are getting lured with the huge reward when in reality the project exist only to cater people's data.

[zikabra]

Bounties should be kyc free. I don't know why is important to collect personal data from bounty hunters. Bounty hunters are not investors neither they invest money which is the main reason why we have kyc, to see from where is money coming from. Receiving worthless tokens which are not money, i don't think kyc is needed here.

[investtra]

Some Bounty projects do look annoying because they change the rules at will. When at the beginning of the campaign they said that there was no KYC. But after the project was completed and the participants were told to complete KYC. And this is certainly very disappointing because KYC should be announced at the start of the campaign.

[dcomomal]

I agree that it would be nice if the team members could announce a KYC before the start of any bounty programme. But in each bounty you take part in, you are accepting the rules and it is stated that teams can change the rules whenever they want to.

[frost_wind]

There have been so much issues arising from bounty hunters doing kyc. So many bounty hunters are against it. Also looking at what kyc means, it means know your customer and bounty hunters are not customers.

So my thought is this: if there must be kyc , it should be done before the start of the bounty. If you pass the kyc, you start the bounty but if you fail, you just leave it and look for some other promising bounty.

What do you think about this?

Here on the forum it has been discussed many times already, but it has not brought any results. Each project does what it wants, because there are no generally accepted rules for bountyhunters. If our community is not able to work out and defend such rules that would suit us, then we will simply obey the rules that are imposed on us by our employers

[Thanasis]

There have been so much issues arising from bounty hunters doing kyc. So many bounty hunters are against it. Also looking at what kyc means, it means know your customer and bounty hunters are not customers.

So my thought is this: if there must be kyc , it should be done before the start of the bounty. If you pass the kyc, you start the bounty but if you fail, you just leave it and look for some other promising bounty.

What do you think about this?

Agree with it,so how many of the bounty hunters are ready to stop participating on the bounties who don't have clear rule about KYC at the time of joining on the bounty campaign?

[Msworld83]

I don't even like the kyc of a thing cos the crypto is a decentralized technology which need to authority from anyone before it can get operated or do it work, I see kyc announcement after bounty end as a way to scam hunters and nothing more cos if it were stated at start many would have withdraw and those who can submit required details will stay.

[GunsLair]

I increasingly encounter projects that immediately indicate at the beginning of a campaign whether a KYC verification is required or not. And I try to participate in such projects. I'm also one of those who consider KYC as optional for hunters. But, unfortunately, today are the such rules.

[Marvell1]

There have been so much issues arising from bounty hunters doing kyc. So many bounty hunters are against it. Also looking at what kyc means, it means know your customer and bounty hunters are not customers.

So my thought is this: if there must be kyc , it should be done before the start of the bounty. If you pass the kyc, you start the bounty but if you fail, you just leave it and look for some other promising bounty.

What do you think about this?

I'm fully agree with you. It's the best and the only one fair decision bounty campaigns can make. All the time when I face with KYC request for bounty hunters after the campaign I go on a rampage. Why the heck they don't tell it before the campaign? F*cking bastards

[Rockkey]

I think that you are saying quite reasonable things, it would naturally be much more logical if the verification procedure were to take place before the bounty process begins, however many projects deliberately leave it on the last day - in order to deceive as many people as possible.

[Emilyp]

It's a great idea starting kyc before or at the onset of the bounty because in many cases people fail to pass kyc because of the documents required and they end up losing the pay for the whole work they put in.

[nelson4lov]

There have been so much issues arising from bounty hunters doing kyc. So many bounty hunters are against it. Also looking at what kyc means, it means know your customer and bounty hunters are not customers.

So my thought is this: if there must be kyc , it should be done before the start of the bounty. If you pass the kyc, you start the bounty but if you fail, you just leave it and look for some other promising bounty.

What do you think about this?

That would be a welcome development. With an ever changing space like Crypto especially since financial refulators is are looking to getting involved with Crypto, such development would be welcome by ~ almost all Crypto users who take part in bounty programs. No one is saying there shouldn't be KYC but It should be done before the start of a campaign so one knows his or her stance before taking part in a campaign. Enough said. Nice suggestion