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Author Topic: Change Of KYC Pattern  (Read 18783 times)
Metall303
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February 18, 2019, 11:32:51 AM
 #81

I don't think it should be like that, for me to say at the beginning that bounty participants need KYC, that is enough. But there are still those who are beginning to say that they don't need KYC but ultimately need KYC, I think that this is not fair. So many participants are angry because there are those who do not have an ID card or Passport.
I personally oppose KYC because I know how my data can be used on the Internet. I learned a lot of material about how our data is using in the darknet. I would not be happy if I found out that some porn site domain is registered on my passport

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February 18, 2019, 11:45:06 AM
 #82

I support the idea of declaring KYC at the start of the campaign but I think it is a bad idea requiring participants to undergo KYC procedure even before the campaign starts.   
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February 18, 2019, 11:53:02 AM
 #83

This is what most bounty hunters fight against, they do not like the fact that KYC is announced after the conclusion of the bounty campaign and infact, it looks criminal to even enforce it because it wasn't stated before the start of the campaign.
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February 18, 2019, 11:53:38 AM
 #84

I agree, it would be quite fair if they announced the KYC in advance and did not change the bounty rules throughout its entire period!
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February 18, 2019, 11:55:08 AM
 #85

When KYC is announced at the beginning a bounty campaign, you would not heard my bounty hunter complaining about it or even saying anything negative about it, they just hate it when the rules are changed, nobody likes that.
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February 18, 2019, 11:58:33 AM
 #86

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.

Yes, that's the sad part of enforcing KYC even to bounty hunters.

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?

This could be a good idea. Or if you're a bounty hunter you can ask right away if KYC is needed before joining. But for me, I really don't like KYC for hunters because I don't want to compromise my identify.
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February 18, 2019, 12:05:51 PM
 #87

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.
These situation happened because there were a lot of bounty hunters that were using multiple accounts and to counter that they came up with KYC, but the problem is that we saw many scam projects that came last year and they were simply collecting user data and nothing else, so it is a thin line on what to make use of the situation, i really would not share my details for any bounty what so ever as its very difficult to judge whether the project is legit or not.
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February 18, 2019, 12:10:26 PM
 #88

That is a good idea, especially for Bounty hunters. because if the thing is applied, that is, doing the kyc before the bounty, then it can make the bounty better and maintain its quality. kyc provides benefits for honest bounty participants and also for developers so that existing funds can be absorbed properly and on target.
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February 18, 2019, 12:34:33 PM
 #89

I am definitely against kyc for bounty hunters, because I have already heard stories that after people went through it, they later found their documents on the black market. Companies that collect our personal data are not responsible for their confidentiality and until this problem is resolved, most bounty hunters will avoid kyc. In addition, I agree that the term kyc itself is not correct when applied to bounty hunters, since they are not buyers / customers. Rather, they are hired workers and other rules should be applied in this relationship.
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February 18, 2019, 12:39:38 PM
 #90

I think it should be for investors alone and not for bounty hunters and if hunters must do it, it should be before the campaign and not after the campaign.

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February 18, 2019, 12:41:49 PM
 #91

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?

But other campaigns are utilizing their KYC procedures after the ICO or coin program was ended? Was that can be considered as a trap for bounty participants to hold their profits? I just think about that lately.
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February 18, 2019, 12:45:30 PM
 #92

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?

Most of the bounty, asking for a kyc to drop bounty budget. It is not because of the regulations just for malicious reasons. So if they do like this, they can't drop the bounty budget.

For instance, i did join a bounty some time ago, it was called desico. It was a 600k $ worth of budget. First they said no bounty because it is not a ico anymore it is sto and they can't give tokens. Later, because of the rage, they said they will give out bounties but only people who will do a kyc and not 600k $ 20k$ instead.

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February 18, 2019, 12:49:41 PM
 #93

When discussing KYC for bounty hunters, I think it's too early, because the average bounty doesn't use KYC when starting a bounty program.
If the project asking for KYC is guaranteed to be successful then there is no problem.
but the current project is not necessarily successful by applying KYC at the beginning of the bounty.
I agree more if it does not apply KYC for bounty hunters, or indeed if you have to use KYC, it can be done after the project is successful and the prize is distributed.

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February 18, 2019, 01:02:39 PM
 #94

The problem with many projects is that at the final stage of the bounty, the team introduces KYC. Naturally, a bounty hunter who has done many months of work has nowhere to go and he sends his KYC. I think this is a fraud on the part of the team.
Cous must be declared from the very beginning and the rules of the campaign, in this respect, cannot be changed.
And the fact that the KYC template should be facilitated is 100%.
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February 18, 2019, 01:22:15 PM
 #95

I don't want to give my personal data to unknown people, and at such an early stage, before the bounty started, it is very difficult to understand the scam project or not.

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February 18, 2019, 06:12:09 PM
 #96

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.
i agree to that, the bounty i join right now already use that method so hunter who doesn't like to fill KYC can choose to not join.
project dev should come to an agreement first with BM about KYC for hunter at the time they want to hire BM to promote their project.
because if a project change their term and told hunter to fill KYC at the end of bounty then that mean project dev only want to increase their profit by decreasing people who will received thier token or worst case they just want to sell our information.
so we should ask first if we want to join bounty and made a screenshot of it as a proof.
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February 18, 2019, 07:21:58 PM
 #97

i agree with what the OP says, KYC should be discussed or announced at the start of a bounty program so every bounty hunters know whether they join or not on that particular campaign. requiring KYC after the bounty program ended is so unfair for bounty hunters because some of participants don't want to share their information or they can't pass the KYC process.
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February 18, 2019, 09:06:26 PM
 #98

It is a great idea to pass the KYC before starting bounty programme. It would safe a lot of time for the team members and verified members will get much more rewards. But it makes no sense for projects because they can announce a KYC after bounty. They have already received effort and do not want to share so much tokens.
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February 18, 2019, 09:37:13 PM
 #99

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.


Hahahaha.. Honestly, I don't think many know the meaning of kyc. I mean, hunters are not customers for heaven's sake.

You are absolutely right. Let them come up with the KYC before the bounty starts. Some projects hide behind this in order not to pat hunters.
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February 18, 2019, 09:41:49 PM
 #100

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's a good idea you have. Maybe if this will be passed to the devs then they might as well be using this kind ofethod. But as for the moment we as bounty Hunter shall abide by the rules of the devs regarding their security and of using KYC to avoid having multiple account on their bounty campaign.

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