Am done with KYC

[forexandcryptoauditor]

This is really annoying that now a days every project, almost every project is asking KYC for investors as well as for bounty hunters. You are right that may be projects are selling our personal data to other projects or parties. I really dont like providing my information including ID documents as scan copies. I have seen many spam  emails after submitting the KYC.
However we can not judge the project based on it requires KYC for their investors or not. It is project whose development decides the future of it and not the KYC criteria. By not doing KYC, we may miss good bounties from genuine projects.
I think again the solution is regulation of these projects which will make things more clear and also will increase the confidence of users.

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[baigreen]

  I think everyone is already tired. I know that many have a negative attitude towards him. We should continue to ignore projects that collect data about us. We put ourselves at risk. And this is not only from a financial point of view.

[kiwoh123]

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

same here i am done with KYC ( only for bad project)
but not for good project i will pass my KYC with no regret in the end
at the moment I am following some bounty and at the end of this bounty I have to do KYC but it doesn't matter to me because this project has got enough funds and there is no indication of scam.

[senin]

As a rule, the advertised projects of the ICO, even with the promise of large payments for greater importance, carry out a KYC check. Such projects are less likely to succeed. In general, it is most likely a coincidence that ICO projects requiring KYC validation, as a result, they rarely even trade their tokens on the exchange. It should also be borne in mind that many ICO teams simply fear that with the current market, their tokens will drop very sharply when they enter the stock exchange and therefore deliberately delay in trading tokens on the stock exchange, waiting for a good rise in the cryptocurrency market.

[ghermghuda]

This issue is very very important but it seems it's one of the things many of us do because we've been told to else we don't get paid. Anyways i don't blame those projects since many a times, it'd be an order from above...it's very very serious and there's no one you can trust with such sensitive information if youre.

[nikola22]

They receive a reward to collect the maximum KYC, and then exchange your data in the darknet, we are often deceived and there is not any defense mechanism!

that's why many bounty hunters don't want to go through KYC and I understand them. they don't invest money and just doing simple tasks.

[adekogbe]

I have a great deal of reservations concerning giving out my subtleties online in light of the fact that True projects don't generally demand increment to pass the necessities.

I trust more that the general population who are executing KYC the project are scam yet the project who are not actualizing it is the genuine project. KYC isn't required for me as investors of the project.

On the off chance that we think the project is scam so it won't pass your data . Cautious about joining to the bounty makes you feel great since you can feel the project is sheltered notwithstanding passing your everything Identity.

[naira]

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

in fact we cannot ignite ourselves sometimes the first rules do not require KYC after entering the process of distribusi, rules changes and are mandatory to KYC, in this case we can only do what has been told to be able to enjoy results of our hard work

[Tyoks]

with the existence of KYC for each project to be able to get a token from the results of participating in the bounty program, indeed it is not the main reference that the project can succeed or develop in the future, I always carefully choose the project and if I require the KYC to reanalyze the project if I don't have good potential, I will not give my personal identity even if I don't get their tokens.

what I fear is when we have filled in the KYC then the project dies and in just running away by his team, our personal data will all be misused by those who are not responsible, it should indeed be rethought if there is a project that requests KYC and re-analyzes the goodness of our future.

[minersday]

Considering how things are going in the crypto ecosystem, I will not be surprise to see KYC being mandatory for everybody who finds him/herself in this ecosystem. To some extent, I think KYC is a good thing. Looking at how hackers hack into crypto platforms to steal their crypto coins, if all wallets have identities attached to them, it will be quite easier to trace the identity of these hackers.  For me, I have nothing against KYC.

[Sanitough]

Considering how things are going in the crypto ecosystem, I will not be surprise to see KYC being mandatory for everybody who finds him/herself in this ecosystem. To some extent, I think KYC is a good thing. Looking at how hackers hack into crypto platforms to steal their crypto coins, if all wallets have identities attached to them, it will be quite easier to trace the identity of these hackers.  For me, I have nothing against KYC.

If KYC is focus to identify the hacker, it's not the solution as they can easily bypass that by submitting fake information.
Your statement says that KYC is good, well, actually it is, but it also has a bad side which is the loss of privacy, we give our information to them and these people can use it for their personal benefit, which in this case the risk of opening an account is very high and it's pass unto us.

[Aldrinx00]

I think you're just unlucky to participate on scam bounties which get your identity then sell it on thieves, most projects right now are failure and didn't have an intention to develop their project in the first place. I never experienced giving out my kyc to a scam project and hopefully i would not stumble in any of it.

[BitcoinCazh]

They receive a reward to collect the maximum KYC, and then exchange your data in the darknet, we are often deceived and there is not any defense mechanism!

do you have valid data about it, i think not at all like that, and i think still think if that bounties worth to submit your KYC/ID, if no, dont do it like airdrop need KYC better you leave it

[hashman]

Apparently you saw a lot of scam projects but unfortunately you are mostly right. It’s already known that they sell our personal information so it’s not a simple thing to do Kyc anymore. We should be careful about that.

[ikicha]

In one side, KYC is good to prevent any fraud users and spammers. but in another side, you give your very sensitive and personal data to exchange or to bounty program. this is your choice.
like penny

[Fomin-oilL]

Now verification is not very profitable, since documents can be sold in the future, there is a project in which you don’t need to go through it, I’ll leave the link https://bitcointalk.org/index.php?topic=5136520

[bryant.coleman]

KYC must be always treated as a last resort. For example, if you are making a gambling bet in primedice for 0.0001% chance of win and by sheer luck you are able to win that, then I will not restrain you from doing your KYC. Uploading the KYC documents can be justified, as you have won $1,000,000. But in case you are doing it for just $10 or $25, then I pity on you.  

Another option is to hire someone to do the KYC for you. In the dark market sites, you can hire guys for as little as $25.

[simpelplan]

it is true that some gift projects require participants to do KYC and some do not, but it also depends on the project that I follow if I think the project is trustworthy maybe I will reconsider, but another story if the project is not transparent I always avoid that.

[amaterazu]

KYC is not a determinant of the success of an ICO project so you have to be more careful. I have experience with gift projects that ask for KYC. I have done KYC but until now I have not received a token. The success of this project is because they have a very solid manager and development team. Maybe I'm a little lucky because some of my projects that use KYC have been registered with the Exchange.

[skivrmt]

Apparently you saw a lot of scam projects but unfortunately you are mostly right. It’s already known that they sell our personal information so it’s not a simple thing to do Kyc anymore. We should be careful about that.

Personally, I don't think that KYC's need for bounty reward is something hard or very risky to do. Your personal data is already not in safety if you upload it somewhere at least once. It is probably in Darknet a long ago. Thus, don't trouble too much about KYC. You should better look for good bounty campaigns skipping an obvious scams.