cryptoaddictchie (OP)
Legendary
Online
Activity: 2226
Merit: 1370
Fully Regulated Crypto Casino
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April 02, 2019, 05:44:54 AM |
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Here are my solution to growing complained by the bounty hunters regarding KYC.
1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.
2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)
3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!
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Tipsters
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April 02, 2019, 05:52:58 AM |
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Yes I agree with the first step. For those who are afraid to do KYC maybe they have some agenda or did something. I know how sensitive KYC is and we shouldn't not let give our details so easily. If you dont want KYC then, dont participate on the campaign. No one is forcing you to join hence find one without any KYC simple as that like the OP said.
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Sithara007
Legendary
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Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
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April 02, 2019, 05:59:20 AM |
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Here are my solution to growing complained by the bounty hunters regarding KYC.
1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.
2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)
3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!
I have never joined a bounty campaign where KYC was mandatory. But then there were some cases in which the KYC requirement was initially not there and then the bounty manager added it just before the bounty payout. And I am not very sure with step #2. It would be really difficult to find someone who is willing to undergo the KYC process for you. And it will destroy the whole purpose.
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@baoli
Jr. Member
Offline
Activity: 1162
Merit: 1
Base.protocol
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April 02, 2019, 06:00:39 AM |
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Anyone who participated in Bounty and bounty admin and see work was done should be paid for work done. Even if the person used multi account and admin saw work done. It simple means the individual added enough effort to do three or four persons job. I feel the host should get the bounty coin and pay hunters with ETH or btc for the individual is afraid of kyc. Not everyone want their I'd out there
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Base Protocol (https://baseprotocol.org): One Token to Hold Them ALL | [url=https://baseprotocol.
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coin-investor
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April 02, 2019, 06:07:39 AM |
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Here are my solution to growing complained by the bounty hunters regarding KYC.
1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.
2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)
3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!
You can employ step two in case they changed their rules, and now asking for KYC, don't worry it's not you that cheats the first one that cheats is the campaign, because they know if they implement KYC right away few people will join and they want free advertisers for those who don't want to undergo and yet finished the campaign, so they are the real cheat..
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BossJames042
Newbie
Offline
Activity: 31
Merit: 0
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April 02, 2019, 06:09:57 AM |
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I believe there are other ways to checkmate issue of multiple bounty accounts which are efficient without necessarily asking for KYC. KYC should be strictly restricted to investors in my humble view
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thd26bct
Member
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Activity: 300
Merit: 93
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April 02, 2019, 06:12:02 AM |
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KYC is one of violation on the core definition and purpose of decentralization. However, it is an unavoidable adaptation of crypto world, despite of the fact that decentraliztion damaged by KYCs a little bit. KYC is mandatory in some cases, such as bounties. Because, if bounty hunters surpass screening process, and make bounties become centralised, it is obviously bad for decentralization as well as the effectiveness of bounties for companies who spend funds to run them. Bounty hunters, usually dump their free assets from bounties at once, that often have negative impacts in short period, or they can create fuds to sell their free ones at highs.
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Thanasis
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April 02, 2019, 06:13:26 AM |
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Here are my solution to growing complained by the bounty hunters regarding KYC.
1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.
2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)
3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!
Don't participate on the bounties is the only solution if you don't want to under go KYC.Most of the bounties will ask for KYC procedure at the end of bounty weeks so we really don't have any idea about that bounty we are participating have KYC or not to get the rewards.Even bounty campaign managers don't know about it until the project team insist for them to do it to get tokens.
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Sacramentus
Jr. Member
Offline
Activity: 448
Merit: 2
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April 02, 2019, 06:21:06 AM |
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Well a lot of chaos from the bounty participants concerning the kyc. I have tried to understand why they run from the kyc and only one thing became their problem which is that their IDs can be sold out sort of to commit crimes. But this whole thing is simple. If you don't want kyc, avoid any project that offers it
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[ IQ ] cash ▐ THE MASTERNODES CRYPTOCURRENCY ████████████ [ https://iq.cash ] ████████████
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Herbert2020
Legendary
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Activity: 1946
Merit: 1137
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April 02, 2019, 07:06:36 AM |
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the problem and complain about KYC from bounty hunters and any ICO participant is that these ICO scammers are only asking for KYC documents to first pretend they are legit while they clearly are scamming and second to sell their personal documents on the dark net and make an extra amount of profit from it.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Chika08
Jr. Member
Offline
Activity: 544
Merit: 1
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April 02, 2019, 07:09:22 AM |
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Here are my solution to growing complained by the bounty hunters regarding KYC.
1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.
2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)
3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!
I support your idea but that will be considered illegal. To me, it's not a must to do kyc and also its not a must to engage in bounties that offers kyc
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toydoll
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April 02, 2019, 08:23:42 AM |
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Here are my solution to growing complained by the bounty hunters regarding KYC.
1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.
2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)
3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!
Don't participate on the bounties is the only solution if you don't want to under go KYC.Most of the bounties will ask for KYC procedure at the end of bounty weeks so we really don't have any idea about that bounty we are participating have KYC or not to get the rewards.Even bounty campaign managers don't know about it until the project team insist for them to do it to get tokens. I agree that the developers like to talk about the KYC procedure at the end of the bounty program.And I'm sure they do it because they're greedy.In such cases, the best solution is paragraph 2 from the author of the topic. If they are deceiving us,then we have the right to do so.
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OptimusPrime_3
Jr. Member
Offline
Activity: 308
Merit: 1
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April 02, 2019, 08:28:46 AM |
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Here are my solution to growing complained by the bounty hunters regarding KYC.
1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.
2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)
3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!
I think it's better to avoid bounties with kyc and go on with bounties that doesn't offer kyc. There are many of them out there else, just abide by the bounty program rules if they require kyc
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☯ INJECTIVE PROTOCOL ☯ Bounty Running ☯ ☯ Fast, Secure, and Fully Decentralized Trading ☯
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BitcoinHodler
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April 02, 2019, 08:39:59 AM |
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unfortunately there is no solution to something that is seriously flawed. there shouldn't be any KYC for any of the bounty hunters in first place specially since they are not really participating in the fund raising and they are only "workers" that are supposed to be paid for their time that they waste advertising these crappy projects to other users.
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Holding Bitcoin More Every Day
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steveabrahams
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April 02, 2019, 08:40:23 AM |
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Lol agreed. If bounty hunters don't want to do KYC verification or complain about it, then don't join bounties, go join signature campaign that paid bitcoin, so you don't need do KYC. As i said on the previous thread, KYC is also good to eliminate all alt accounts, so you can get more tokens.
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Ayobami99
Copper Member
Jr. Member
Offline
Activity: 617
Merit: 3
The wonders of the blockchain technology
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April 02, 2019, 08:42:15 AM |
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Here are my solution to growing complained by the bounty hunters regarding KYC.
1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.
2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)
3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!
In KYC's defence, i believe is can be used to flush out multiple account owners in a campaign thus preventing someone taking over the whole bounty pool which is unfair to other innocent bounty hunters
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erkan.camli
Copper Member
Newbie
Offline
Activity: 191
Merit: 0
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April 02, 2019, 08:42:50 AM |
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You're absolutely right about KYC. We don't have to. You need to stay away from ICOs who want KYC. The request for a token distributed as a prize is nonsense to the KYC. For this reason, I participate in Bounty who do not want KYC when possible. So I don't have problems.
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jakelyson
Legendary
Offline
Activity: 2268
Merit: 1069
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April 02, 2019, 08:48:54 AM |
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the problem and complain about KYC from bounty hunters and any ICO participant is that these ICO scammers are only asking for KYC documents to first pretend they are legit while they clearly are scamming and second to sell their personal documents on the dark net and make an extra amount of profit from it.
This is the same concern I am worried when joining bounty campaigns that require KYC. The information we are giving away can be used in identity theft. This is also the reason I stopped joining bounty campaigns. I used the first solution OP stated. There is plenty of campaigns you can join without giving away personal information.
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Galantin
Jr. Member
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Activity: 602
Merit: 2
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April 02, 2019, 09:02:53 AM |
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Yes, they simply introduce an affirmation of the person at the wrong stage. The project initially considers the tokens. Then the project starts to dance with proving. I do not believe such projects. If the project is normal, it immediately fulfills all the conditions; if not, then it is not necessary to go through a confirmation.
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veil ///// PRIVACY WITHOUT COMPROMISE. ///// https://veil-project.com/
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bittraffic
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April 02, 2019, 09:16:42 AM |
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Number 2 is way to get scammed by someone. Most of those who participated the ICO are also trying to get away with KYC and if you happen to ask someone to do KYC for you then good luck if you end up with someone who are faking their documents. Those who also participated in ICO are also participating the bounty programs, that's what I notice a lot in crypto.
If you want to take it fairly while you see the project is verified not a scam then submit your KYC fairly.
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