Am done with KYC

[louisBSAS]

KYC is a worthless thing. Many people think that this procedure saves from fraudsters, but it is not. For a long time there are websites where you can buy any KYC information and use it for any purpose. I think that the documents for KYC come to such sites precisely from such developers who need to send them from bounty hunters.

[pleci]

KYC is still an intersection for hunters, sometimes we are confused about the actual KYC goals on different projects. Nearly 80% of current prize projects need KYC and I think it's natural to see it positively but we are worried whether our personal information is safe. this issue continues to be debated because it is still strange, another bad thing is if the project fails, we must be careful.

[Cryptolord_ng]

Actually, not all project that ask for kyc do failed, some do succeeded and not all that didn't request for kyc succeeded some actually failed also, we just gats to be vigilant in any project we wanna invest our money and time in to and the first step to take in investing in any project is to make proper research on the project before anything

[Corer]

Yea you are very right, very great projects are very much concerned about the development of their project to think about KYC and at the long run they always comesnout very successful

[Tosyn2]

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

I think we share the same sentiment on this very issue, upon releasing my personal information for bounty participation, I end up receiving little or no reward from it whereas somethose that do not require kyc has been highly profitable. My own resolution concerning bounties that requires kyc is that it is a no- go area for me.

[Menawi12]

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

I think we share the same sentiment on this very issue, upon releasing my personal information for bounty participation, I end up receiving little or no reward from it whereas somethose that do not require kyc has been highly profitable. My own resolution concerning bounties that requires kyc is that it is a no- go area for me.

Maybe its perhaps developers team not distributing yet. KYC needed by developers team because regulation from their government and i dont think this related with good bounty or not. KYC is always about comply to regulation and i am think you will getting your payment

[Babyrica0226]

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

Not every project that asking for KYC doesn't mean its a good project, of course not! There are many of the project who asked for KYC and yet in the end they didn't give the rewards to their participants and to their investors too. That's why We must be wise in choosing a project asking for this KYC, make sure it has a potentiality to be list in the top exchange platform.

[iconoclast]

There really should be some sort of Blockchain solution that can be used to identify you and your country of residence without actually providing information of a personal nature that can used for identity theft. There where so many projects working on this last year but not a single one seems to have created a solution that can work with ICO's.

[Christinebeauty]

KYC in crypto wouldn't have been so much of a concern if the reward was good because platforms like Facebook and twitter have also been collecting our personal details but we don't earn anything from those platforms as well

[Aryleeto]

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

Not every project that asking for KYC doesn't mean its a good project, of course not! There are many of the project who asked for KYC and yet in the end they didn't give the rewards to their participants and to their investors too. That's why We must be wise in choosing a project asking for this KYC, make sure it has a potentiality to be list in the top exchange platform.

I agree , it is not the best idea to pass kyc on each ico , it is better to select these projects and pass already , there are a lot of Scam projects now and kyc just for distraction

[goaldigger]

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

Lets not close the possibility where there are really an ICO projects who are just there to get those information of the bounty hunters and do nothing but use it to scam. But also dont forget that there are projects who really is worth it and needa KYC to join. Its really just a matter of analyzation and luck. Sometimes those who dont look legit is not and those who is not is legit.

[gaj ahmada]

the existence of KYC does not guarantee the success of a project, there are still many projects that do not require KYC but still provide the promised rewards and the project is growing rapidly, I am also very careful in filling KYC, because of the risk of misuse of the data provided so we must be careful if we follow projects that require KYC

[coinmaster241]

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

Some like that but not all projects that use KYC fail and die in middle of the road. new projects every day are very many bro, maybe you only follow 10% or even less than a number of projects that use KYC. so in my opinion it's wiser if we study but not blame one party related to the project using the KYC

[whyrqa]

But your detect was wrong I think which ICOs offered KYC information this ICOs could be successful but give us some little peanuts payment that has no value. KYC is just a process to confirm your customers person not scammers even same for investor.

[Averim]

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

There might be something, considering how companies hunt for personal contact data everithing is possible. Thanks for the warning, i will pay attention.

[dobolspeed3]

I actually experienced this problem. And I have never again done KYC if the project does not have the potential and develops in the future. Because KYC is very important, our data. Therefore, my advice if you want to do Kyc to get a payment would be better if you look at the project. KYC may be misused if the project does not develop or die in the future.

[xclusiveguy]

I concur with what you posted at OP,  seriously most of those bounties got dumped,  only few of them progress,  the kyc is just to stop multiple users even scam ico now use kyc

[GunsLair]

I participated in several projects where KYC was required and, in fact, not everyone paid me rewards. Sometimes you can refuse the award altogether if you look at the final spreadsheet. If you are paid a penny, then there is no sense to pass verification for this.

[daporivera]

KYC actually now can be very frustrating as result of the inefficiency of some ICO bounty managers. It become very frustrating when you keep trying to pass the KYC and it doesn't go through. As if you don't pass KYC you don't get any token.

[tabas]

KYC in crypto wouldn't have been so much of a concern if the reward was good because platforms like Facebook and twitter have also been collecting our personal details but we don't earn anything from those platforms as well

It is part of the concern of the gov't because there's money involve. With the thing about facebook,twitter, social medias and even google. Yes, we don't earn anything from them but they are collecting our data which has been sold to their advertisers. But this thing has different purpose, in exchanges, you need to pass on KYC to use their service furtherly or increase your limits.