Team also needs to pass KYC

[louisBSAS]

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

Great idea and I support it. I have long said that why only investors or bounty hunters have to go through KYC identification. This is fair and it will guarantee that they will not deceive their investors and steal their money. Therefore, dear developers, post your data, we want to know who you are!

[timmmers]

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

You are true and that is why ICOBench invented KYC for the ICO team. Simply, find the ICO on ICOBench and you will see their KYC report.
But remember, it doesn´t mean that investing into KYC verified ICO is 100% safe.  

[bittick]

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

You are true and that is why ICOBench invented KYC for the ICO team. Simply, find the ICO on ICOBench and you will see their KYC report.
But remember, it doesn´t mean that investing into KYC verified ICO is 100% safe. 

ICObench was creating a gimmick and if that platform was doing all of the things right and why there was a lot of scam icos listed on ico bench? icobench is a shitty site that can't be trusted anymore. That's such a garbage ico list site

[crenfrosck]

I would advise to use common sense: if you can not see a single member of the team/no contact on LinkedIn, hands off. If you are willing to risk it anyway, you can blame only person if you are scammed and that is you. However, if you are paranoid enough, nothing can stop your doubts and several teams are working on delivering personal ID documentation on blockchain. Well, it is still in a very early phase, but a few years might change the current state and society would benefit from decentralized protocols astonishingly. Today,we can use social media and fact-check with Google. A bit of effort can fully answer your questions  .

[mangsitin]

Well, I'd suggest you don't participate in any bounties that required an identity verification. It is actually far away from Bitcoin decentralized natures. I don't think its work to exchange our identity for a useless token that created for the scam in the first place. The solution is not to force the team to open their identity instead understand the value of your privacy, and the benefit of cryptocurrencies especially BItcoin.

Yes, I agree to this. but if without KYC there would be a lot of fraud in the Bounty campaign, we know that Bitcoin is already very expensive and there will be more fraud in the Bounty campaign. That is certain, so I am still very confused because on the one hand that KYC for Bounty participants is actually very dangerous, because we give away our identity for free only for very small Tokens.

[StephenJH]

I would advise to use common sense: if you can not see a single member of the team/no contact on LinkedIn, hands off. If you are willing to risk it anyway, you can blame only person if you are scammed and that is you. However, if you are paranoid enough, nothing can stop your doubts and several teams are working on delivering personal ID documentation on blockchain. Well, it is still in a very early phase, but a few years might change the current state and society would benefit from decentralized protocols astonishingly. Today,we can use social media and fact-check with Google. A bit of effort can fully answer your questions  .

Even scammers look for more ways to show us a fake Linkedin profile. Blockchain technology made is easy for scammers to rob others and it is not ethic to give back their profit to victims from my understanding.

[basty03]

KYC stands for Know Your Customer it implemented only for all the investors of the project in order to know their credibility as an investor and make sure that the money their going to invest is not from illegal activities or money laundering.

For what I've known there are 2 reasons why KYC is implemented on the bounties:
1. To control the greed bounty hunters who uses different altcoin to abuse the campaign
2. To steal your Identity (Identity theft)

And for your topic which is team needs to pass KYC... and where are they going to conduct their KYC test? the thing here is that the investor and everyone of us should study the project first and don't easily give our personal information.

That's right it's important to make research before we participate in any campaign or invest on it. Because kyc have no assurance if your identity is safe. Make sure that the project is really good and have real team. Although this day is hard to find good one but still there's some projects that we can trust and have potential to be successful.

[hahay]

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

Agree, therefore regulations by the government must be applied at least the developer must have a valid license. That way project developers can include valid licenses on their projects that promise they have the funds to build the project and make investors more comfortable investing without any worries and excessive fear.

[akiho yoshizawa]

this is what I've been thinking about if investors and bounty hunters must enter KYC to be able to get tokens from a project why don't the teams do the same thing, there should be clear rules for the project teams about KYC for them and even so in the future it will also be able to make ICO conditions good and there will be no scam projects circulating.

[Micerker]

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

Currently, websites evaluating ICOs have added KYC to the ICO development and dispatching team. But very few ICOs developed KYC to verify the identity of the group, so I believe that in the future KYC for ICOs development team is a must.

[reynald70]

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

Agree, therefore regulations by the government must be applied at least the developer must have a valid license. That way project developers can include valid licenses on their projects that promise they have the funds to build the project and make investors more comfortable investing without any worries and excessive fear.

Yes it's a good idea, because if we as bounty hunters are required to make KYC, why is the project team not required to make KYC? because now there are a lot of ICO scams, and I think KYC for the team is a very good idea.

[AtlantaFive]

This is a great help not only with the bounty hunters but also to the investor that want to take part in ico. If we know that they are real then we will have assurance that they will do what ever it takes to develop the project. The only problem here is if they pass real identity or not, the only thing that important is the team participate in a blockchain event. It will boost the trust from people.

[Yoo]

How can you do KYC for the team ? Can we do it ?
Yeah, I think what we need to pay attention to on their website about the team is the authenticity of the team. And we can only see it from their social media. Yeah. it is very vulnerable to scam.

So, all we can do is to be very careful when looking at the profile of the team from a project. And I think we also have to be careful before giving KYC to the project. Yeah, even I don't like to do KYC and better avoid it.

[Rubick99]

Yeah, I think so. But we need website that for register all ICO then the team must pass the KYC on that web, It will be transparence for all. More scam ICO can be destroyed.

[cchub]

That's a good idea. The team must also pass KYC. They need to stop scamming. Some projects put fake IDs in their website.

[tamango]

I totally agree with you, it's team that has to do KYC in order to prove they are not scammers, not bounty hunters or airdroppers.

[kawetsriyanto]

Well, exactly the KYC process is to Know Your Customer.
However, this idea may be used to decrease the risks of scam projects.
However, the name may not be KYC. It can be one of the regulations that we can propose in order to ensure that the project is real. I know that with this way, we cannot remove all scammers, but at least, it may decrease some.
If there are certain teams that are showing their identity, it will ensure the investors to invest in their project. However, of course, we still need to analyze the project carefully and ensure that it is not a fake ID.

[Ifemini]

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

Teams need to pass kyc only a few times
Probably when they are getting listed on ico listing sites
Or probably when applying for a listing in the big exchanges

They don’t do kyc for a 0.1$ token

Kyc for hunters need to stop

[biangkerok]

I totally agree with you, it's team that has to do KYC in order to prove they are not scammers, not bounty hunters or airdroppers.

one of the efforts that became an alternative to detect scammer indeed by kyc. but sometimes it's not a wise choice because the kyc done also potentially to document abuse by some people, who were the concerns by the participants of the bounty.

[Barbut]

   Team should present each member the best they can. They don`t need simple KYC, they need to do
much more than that. Presenting their past achievements, what school they finished, where they worked,
to say complete CV.
   KYC is a simple thing, team behind serious project should present their members much better, if they
didn`t they are not so serious, their project doesn`t have bright future.