Change Of KYC Pattern

[airdropan]

totally agree with you. KYC it should come for investor. investor holding almost 50% or more total supply
and the bounty hunter just holding like 1% 2% from total supply. i dont think kyc really worth to do for that

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[Ochakemaput]

totally agree with you. KYC it should come for investor. investor holding almost 50% or more total supply
and the bounty hunter just holding like 1% 2% from total supply. i dont think kyc really worth to do for that

all of that is a procedure implemented by the developer. If we don't follow it then we will not get our reward. the most important of kyc not vex bounty hunter, during the process and the documents provided are not abused by developers.

[shesheboy]

totally agree with you. KYC it should come for investor. investor holding almost 50% or more total supply
and the bounty hunter just holding like 1% 2% from total supply. i dont think kyc really worth to do for that

Agree on the first sentence that you have said  . kyc must only be applicable to investors that will invest bigger volumes just like what we see on trading exchanges  .  kyc is meant to increase a user limits .   now on your second sentence i disagree when you say that a bounty hunter must also do kyc .  why they will do a kyc when they arent investing on anything related to the project ?   Whats the point of kyc on them  ?

[Chika08]

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 your personal opinion which is some how good but not entirely because of some factors which you didn't take note of. If it's donethat way, then many eligible hunters will end up not being in the campaign

[Soberb]

Yes you are right it is good idea for any project demanding KYC information before allowing bounty hunters to work for them. But I do not think that any public forums where people from across the world can share their views need kyc details of the participants. It is okay to require phone number of a forum member just like telegram does. On the other hand, every project launching bounty programmes have different rules about KYC documents. Some requires very much detailed personal information, while other not. So I think for bounty programmes, projects should require KYC information from bounty hunters beforehand.

[yulchatar]

Yes you are right it is good idea for any project demanding KYC information before allowing bounty hunters to work for them. But I do not think that any public forums where people from across the world can share their views need kyc details of the participants. It is okay to require phone number of a forum member just like telegram does. On the other hand, every project launching bounty programmes have different rules about KYC documents. Some requires very much detailed personal information, while other not. So I think for bounty programmes, projects should require KYC information from bounty hunters beforehand.

By the way, it is a good idea to use confirmation by phone number. Perhaps in the future, project creators and bounty managers will take care to create a simplified version of identity verification, without specifying the document number (passport, driver's license, etc.) and other official papers.

[Apes]

I have never done KYC. before the bounty token results can be cashed. if I do KYC I am worried that my data will be traded for criminals. because not all bounty token can be partially cashed. some of them becoming shitcoin. so why we do KYC if it has no value. and I follow bounty which in the campaign beginning commitment there was no KYC process at the end. and most of bounty manager will announce it. ICO needs this forum to Promote their projects we are not investors but Partner.

[setialovers]

I have never done KYC. before the bounty token results can be cashed. if I do KYC I am worried that my data will be traded for criminals. because not all bounty token can be partially cashed. some of them becoming shitcoin. so why we do KYC if it has no value. and I follow bounty which in the campaign beginning commitment there was no KYC process at the end. and most of bounty manager will announce it.

KYC already become common in crypto industry. In centralized exchanger, sometimes need KYC if we want to withdraw in certain amount of bitcoin. Recently, DEX exchanger like cryptobrigde need KYC for US customer. I think KYC need because government regulation and i dont think developers team dare to sell customer documents

[jaywizzy]

Yes I agreed with you, if kyc is to be done it should be done before the beginning of the project so that the  participants will not work in vain. Moreover bounty hunters are not customer, this should be done by the investors only.

[cryptjh]

It seems like many KYC suddenly turns into be mandatory at the end of the campaign, without any former notices. Those KYC should never be done, and it's also my experience that those project will never come up with a product, but they are purely scams from the beginning. Just walk away if an ICO suddenly wants you to do a KYC.
People should only do KYC on trustworthy exchanges, that they want to use.

[distr@yopmail.com]

KYC already become common in crypto industry. In centralized exchanger, sometimes need KYC if we want to withdraw in certain amount of bitcoin. Recently, DEX exchanger like cryptobrigde need KYC for US customer. I think KYC need because government regulation and i dont think developers team dare to sell customer documents

KYC that is done to register in exchange may be an obligation that must be done. but maybe the problem here is for the campaign participants. because many of the bounty hunters find it difficult to do the kyc that is not in accordance with the reward obtained. whether it's just an excuse or in fact.

[MakeMoneyBtc]

KYC already become common in crypto industry. In centralized exchanger, sometimes need KYC if we want to withdraw in certain amount of bitcoin. Recently, DEX exchanger like cryptobrigde need KYC for US customer. I think KYC need because government regulation and i dont think developers team dare to sell customer documents

KYC that is done to register in exchange may be an obligation that must be done. but maybe the problem here is for the campaign participants. because many of the bounty hunters find it difficult to do the kyc that is not in accordance with the reward obtained. whether it's just an excuse or in fact.

That's right, KYC shouldn't be required for bounty hunters because they are not taking part in investment process. I think projects ask for KYC because they want to make sure they know each and everyone that's holding their coins to make sure there will be no problems in the future but that's not a good reason to ask for a KyC

[Ayobami99]

Wow, You deserve some accolades for this initiative. Bounty hunters will not need to work not knowing they will not get their rewards if their is pre bounty KYC. it will also increase the reward for each bounty hunters. Nice idea, let it be forwarded to bounty managers.

[tamango]

I'm not against KYC in general but I don't like to give my data to perfect strangers. I think there are many good solution in order to do KYC in a quite safe way: the simplest one is to use a third app that is trusted by community like CIVIC, in this way ICO team will not have access to your personal documents.

[jademaxsuy]

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?

Yes bounty managers does not officially annouce in the case especially of there a need for thr certain project. the one who brought the project should annouce it before bointy campaign started. It is unfair on our part to do Kyc without annoucing it before the campaigne. starts.

[maculeth]

to reduce spam and multiple accounts, I agree. but the process of cyc must be easier than usual, every upload of a document must be easier for each participant of each country.

[robelneo]

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 som they are all e other promising bounty.

What do you think about this?

How I wished they are all like that, I was a victim of this in the past, bounty almost finish when they announced that they will now ask for KYC I did not comply because it only shows they not trustworthy, and I don't like this for a ICO the site turns out to be a scam, this is really complicated and hard for me  because it will compromise in what I believed in.

[craslovell]

As a bounty manager myself I don't see any reason to have KYC in place unless legally obligated to do so. Usually we are handling smaller user bases however including smaller payouts.

[batang_bitcoin]

Pass on KYC if you think that the project is worth it do it but if you doubt, dont do it.

You always have the choice to proceed or not.

[mitchr4]

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?

As a bounty hunter we don't know what to do. Indeed we are not customers but on the other hand if we do not fill KYC it means we get nothing. So I think it's up to customers or bounty hunters that we have to follow the direction of the project. After all, we also join in the free campaign and also get a reward.