Am done with KYC

[Coltpython]

Kyc gives the opportunity to own people data and to have them subject to checks in case of money laundering and misappropriation of funds. If you can't give out sensitive kyc information then you need to avoid campaigns who request it

[1715350041]

1715350041

[arnoldrimmer]

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

You are right in that, the projects I did that actually paid me very well I never submitted  KYC for them and they are always very prompt in their payment but those ones that will ask for KYC will  keep dragging it till the token turns shit in exchange and then they distribute

[ahmia39]

The issue of KYC is something that we need to be very careful about because you might just be selling yourself unknowingly by giving out your identity.

Yes, because KYC is very dangerous data if we are misplaced to give it,
except for the exchange that we have actually used every day for both trading and other purposes.

[96InnIvanova]

Hey guys, I suggest you take part in a cool bounty from the Gexan project!
NO KYC! Payments monthly! The GEX coin is being traded on the exchange!
Bounty started yesterday and will run until June 30th.
May 10, 2019 Gexan project will hold IEO on the exchange, which is included in the top 25 Coinmarketcap. Thus, by the end of the award, the GEX coin will be sold on exchanges.
This is a very cool offer!
Sign up for a reward in the bounty thread: https://bitcointalk.org/index.php?topic=5136521
link to ANN thread: https://bitcointalk.org/index.php?topic=5136520
Web-wallet Gexan: http://lottery.gexan.io/
Web site: http://gexan.io/

[graffix]

Actually, I never join with bounty projects which ask for the KYC. those projects come from all around the world. but how we can trust the safety of our personal details. They can say anything. but no one can guarantee the safety of data. So, I never send my personal details to the KYC. Actually, I did it a long time ago. But after the I realized the risks, I avoid them.

[onrise]

Passing KYC doesn't mean that the bounty is legit or the ICO. I never join the bounty that needs KYC, it is really risky to pass our personal information to them so next time don't join bounty that requires KYC.

If people are not comfortable to whom they are sharing then it is better to avoid such bounty because its your identity and no one know how those can be misused as they are not authenticated or given any license where you can trust them.

[Felic43]

Most of the project nowadays will surely ask for your personal information but i personally see it has wrong thing because i don't think my information is save with them.

[Fabienne_ayy]

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

That's an interesting point, I've never thought about it before  But, probably, you're right!

[o.ogurlu]

KYC is a legal requirement that some platforms have to request. So I can't say all the platforms which want th KYC are bad. But before we do KYC, we should do a good research about that platform. Because we have to rely on a platform to share our credentials. And we have to trust that platform . For this reason, we should not think, of all the platforms which want the KYC is a bad, but we should always be careful.

[fosco333]

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

Submitting KYC documents for bounty is a hassle. The hunters should not be asked about their details.
They are not investors who can do money laundry, they just want to get some money, not investing it.

[Hotel_Prodeo]

Most of the project nowadays will surely ask for your personal information but i personally see it has wrong thing because i don't think my information is save with them.

If we pay attention, precisely the presence of KYC makes investors afraid to place their money, as we know that the crypto should be anonymous so if it is applied to KYC it is like a bank.

[OptimusPrime_3]

There are still projects out there that still did well even when they asked for kyc. My opinion is that you can never tell, even projects that don't ask for kyc, still fails so I really don't see the different

[herurist]

KYC is a legal requirement that some platforms have to request. So I can't say all the platforms which want th KYC are bad. But before we do KYC, we should do a good research about that platform. Because we have to rely on a platform to share our credentials. And we have to trust that platform . For this reason, we should not think, of all the platforms which want the KYC is a bad, but we should always be careful.

Yes, I always do research on the platforms that I follow, but I also do from various Bounties which are big prizes if I am small I will not want to, because the identity is confidential.

[Gabteb]

I can't say its a 100% if project want KYC  then they will not pay but maybe there is some logic i think if they want it they make another difficult step for hunters and some ICO do their best don't pay to users they start change rules and  do everything don't pay hunters becouse some think there will be a big dump but mostly dumps are done by early investors.

[Mcmich]

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

The KYC thing is rampant now. They claim to use that to fish out hunters participating with alternate accounts but my question is, have they really actualized this using KYC. It's just becoming too much and the worst part, this KYC isn't required at the start of Bounty for most projects, they only come up with it when it's time for payment.

[adzino]

So you were actually giving out your information to the wrong people. What do you really think they are going to do with all those identifications and information they received about their users after their ICO failed? Not here to scare you, but there is a high chance they will try to sell those information to make some quick money. Never give out your information to some random new projects.

[Kezacky]

there are positive and negative sides related to the KYC system in the gift program, I think we really need to be vigilant before doing KYC on projects, make sure they have a clear background, if they are fraudulent projects, our personal data can be misused and our work doesn't produce results.

[Svarora]

Kyc is nit something legalised or compulsary. Its just another way of collecting data or something else.  The companies must have to focus on their product and its realistic implementation.if all that good then no bounty hunter will jump and question of kyc also not arise

[Fuhre]

This becomes a problem if something like this always happens. Because some real projects do apply KYC to BountyHunter in order to limit bountyHunter who Do Cheating,  but on the other hand, sometimes it is the ICO who commits fraud by stealing customer data (ICO Scam) ... so my advice first learn who The team behind the project.

[Landak]

there are positive and negative sides related to the KYC system in the gift program, I think we really need to be vigilant before doing KYC on projects, make sure they have a clear background, if they are fraudulent projects, our personal data can be misused and our work doesn't produce results.

Most have negative impacts than positive.
I've no longer joined the project asking for KYC. Indeed, the project that requested KYC was ultimately a scam rather than a project without KYC. my advice is better to leave the project that asks for the kyc and choose another project.