Am done with KYC

[InwardContour]

The fact that a project does KYC doesn't mean it will do well, or give bounty hunters good reward. Some projects won't even state the KYC from onset, then after the bounty they will bring it up and some people who failed to do the KYC won't get their rewards. These have been some of the challenges with promoting projects for rewards. Well there are a few projects I've done kyc for and they paid me. If I had my way I won't be doing any KYC, but I've got no choice since it's now a common practice.

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[Delilonia1]

There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

Well, I think one should be careful with providing his personal information in the crypto community. It's not wholesome enough since the crypto community emphasizes so much about anonymity.

I dont think the reason those project that require KYC failed because they have your personal information and they can do dubious things with it. Several things could have gone wrong with a project that began with good intentions and strategies. So, dont think of it that way that project requiring KYC are bad or they are scam. Just be careful with how you share your personal ID

[b1boy]

I think it relies upon the project and group behind it, a few projects will require your kyc before your coin will be disperse to you and some other don't outskirt about kyc and are likewise doing great in the improvement. Kyc is only a prerequisites for some site while others may manage without kyc everything relies upon the project team

[Shymko]

I also do not like this whole idea of ​​identification.  Even worse, when the project introduces KYC later, at the end of the bounty.  This is certainly wrong, but after introducing KYC, I saw in the bounty table that half of the hunters were removed.  Multiaccounts could not pass.

Yep and that is the best way for us to eliminate users who use multiple accounts. It will help participants get fairer than before. I do not like KYC but it is one of the mandatory requirements for us to participate in the bounty

[NeelMariaWarner]

actually KYC is also important because it can help reduce scammers or multi account users on the other hand many think that KYC does not guarantee because many do not pay afterwards. but for me personally this all depends on the project first if the project is legitimate maybe I will do that and vice versa.

[Kang TB]

I have the same opinion like the original poster. I am also done with KYC. I am not more investing in ICOs that requests for KYC and also not more participating in bounties that do the same. There might be projects that run away with the money and our IDs.

yeah, its dangerous for us, because they can sell our data to unknown people or company
and i think, its far away from the main purpose why satoshi nakamoto publish a cryptocurrency called bitcoin 

[numanoid]

Yep and that is the best way for us to eliminate users who use multiple accounts. It will help participants get fairer than before. I do not like KYC but it is one of the mandatory requirements for us to participate in the bounty

There are only some of bounties which required you to do KYC. Yea, one of their reason why KYC should be implemented on bounty because to prevent from multi-accounts to cheating them.

I have the same opinion like the original poster. I am also done with KYC. I am not more investing in ICOs that requests for KYC and also not more participating in bounties that do the same. There might be projects that run away with the money and our IDs.

Remember, there are few ICOs/IEOs which asking you to do KYC while the bounty ends, they didn't asked you when bounty started.

[carrie_white]

I also feel what you feel, because I also feel uncomfortable by spreading my personal identity on KYC bounty, even though the bounty is a success, but it has become an obligation now, for the positive and avoiding bounty hunter cheating. my advice is wiser in choosing bounty, must be trusted

[letyouearn]

KYC is everywhere now - it's almost impossible to find project without it. I think the situation is so negative because of the global ICO crisis - most of the projects can't normally promote their ideas.

[pragna]

I don't think this actually. It was a miracle for you that those bounty whom you did not pass kYC was successful. In my bounty experience it did not done. Maximum times i passed my kyc and there some campaign was outstanding and some failed. So i am not with you

Thanks.

[imstillthebest]

KYC is everywhere now - it's almost impossible to find project without it.

thats not true  . i still see projects ( bounties & airdrops ) that dont have a kyc but i think their succes rate was slightly lower compare to those who have a kyc  . sponsored projects do mainly have a kyc  .

@op , maybe you dont do research on the projects before you join ? you know the state of the bounties this year are still poor despite of the recoveries of the cryptos   .  also   , you should stop giving your kyc's for a while and continue do bounties that are less strict

[EXtremeAEX]

There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

Of course, the KYC is not an identifier of the reliability of the project. You should always be very vigilant and taking part in bounty campaigns and during the passage of the KYC.
I was faced with the fact that the project used a sudden input of the KYC, after the end of the bounty campaign (obviously, in order to weed out some of the participants). And then the project transferred it tokens to "shares" while demanding not just passport data, but also financial information. Of course it was unpleasant, after my work was done, to face this. Of course, I refused such a process.

[Ochakemaput]

KYC is everywhere now - it's almost impossible to find project without it. I think the situation is so negative because of the global ICO crisis - most of the projects can't normally promote their ideas.

not all projects use KYC. but most of them use it. if they give time after the campaign is finished it won't be a problem. the most important thing is not at the beginning of the campaign, because they can run away with our data.

[wanted sliter]

I think KYC doesn't relate anything to succession of an coin.
That is 2 very different aspects. And if they just open a bounty and make a new altcoin just for hunters's information, I'm asking myself, who's gonna buy that infor... And what for.

[carriagehoodlum]

I think KYC doesn't relate anything to succession of an coin.
That is 2 very different aspects. And if they just open a bounty and make a new altcoin just for hunters's information, I'm asking myself, who's gonna buy that infor... And what for.

there will never be a connection. but KYC can provide a view of the community that is owned and supports them, there are real, not fake communities. in addition to protecting investor rights that can be divided equally if there are restrictions, KYC can also actually control the bounty hunter.

[thesmallgod]

There is huge risk associated with bounty campaign. Either bounty requires kyc or not, the fact still remain it can pass or fail. Probably you are lucky to get campaign that doesn't require kyc getting listed and seems OK compare to the one that doesnt. I think the reason why many project require kyc is because they are try to be in compliance with laws and regulations of the country in which the project is registered. To you bounty hunter, you may not fully understand the importance but investors does. In fact there are some investors that believe more in project that do kyc than the other.

[alroys]

I do not believe that all Bounty projects that use KYC are SCAM.  I don't think so.  We really have to be careful in doing KYC, don't do KYC against unclear Bounty projects, choose a truly good and trustworthy Bounty project.  If you are in doubt about doing KYC, then don't do it.

[kalstarzz]

we must be very careful in providing KYC information, we must really understand the flow of a project, and know the potential of the project. if we don't know about it, we must avoid KYC, because it is not uncommon for projects to hide behind KYC to avoid large distribution of bounty participants.

[lab rat hoax]

My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project

I don't think of everything like that, all back to the project itself.
Warning. before give a personal identity to another party, think first. I see many people give their identity easy, only because for ($5/$10)

Probably that’s one of those things that i’ll never understand. Our identity is important guys, it shouldn’t be this easy to share all these information just for $ 5-10. Even if the amount is much higher, we still should think about if it’s worth to do Kyc. I don’t trust many project enough to share my personal info with them.

[Almasani]

There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

Actually using this cryptocurrency without using KYC can also be used by anyone. But most of the companies, for example, are KYC verification exchanges. Their strong reason is that when our data is lost, they can reset our account with proof of the KYC we use.

But unfortunately, there are fake projects that take our data to negative things. I think before we give the data to them, we must first verify their project.