dataispower
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April 07, 2019, 11:48:14 PM |
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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!
Totally agree with you. There are too many cheater joining the bounty campaign. And they really do not bring advertising value to ICO because most of the accounts they use are clone, virtual. But they got too many rewards. KYC need to be hard to cheater insurmountable.
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Isiaka208
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April 07, 2019, 11:49:53 PM |
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I do not think it's a thing of force, I think it's a thing of choice rather. I participated in a bounty that gave strict compliance to kyc and I simply declined because I couldn't share my details for a small change. If you don't want to don't do it
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alexsandria
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April 08, 2019, 05:26:21 AM |
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Why would you advice something that is considerably a form of cheating? I guess if you really want to be involved in a projects sphere, you will going to do what is needed fairly, and equal to all of the investors just like you. KYC just meant to verify, no fund harassment so make sure to comply if you really want it.
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Mr.Spreadthehamster
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April 08, 2019, 03:34:52 PM |
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If the project is legitimate and you trust a team that has been thoroughly tested or are confident in the project for other reasons, the KYC procedure should not be a burden. But this is not always the case, and the results of the study may not be sufficient to determine a fraudster who wants to use the personal data of gullible participants.
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stigmacryptonight
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April 08, 2019, 03:37:05 PM |
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KYC always makes it difficult for people to participate in bounties, with different reasons, of course. For my experience, KYC is the reason why I don't want to participate in the bounty because I always forget to send my KYC and in the end I get nothing. Of course everyone has different reasons why they don't want to do KYC.
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Bitbtc8
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April 08, 2019, 03:38:17 PM |
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There are still good bounties out today that doesn't require KYC at all my advice is bounty hunters who doesn't like KYC for a reason or the other should just ignore bounties that requires one and go after the bounties that has no KYC implemented ,if not for security purposes KYC is good
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Spaffin
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April 09, 2019, 05:46:47 AM |
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there are many bounty hunters who disagree with KYC, maybe some of them use multiple accounts, so that makes it difficult for them to follow the bounty, I don't mind the existence of KYC if the project is good and guarantees data security, if the bounty hunter doesn't want to fill the KYC for bounties, look for bounty that don't require KYC
Yes. You're right. There are also good bounties that demand KYC nowadays and if you trust the project, then you should comply with the KYC. But on the other hand, if you don't want to support their KYC system, find another bounties that will not require KYC anymore. For the time being, a big problem for bounty hunters is that the ICO teams at first hush up or even deny the possibility of passing a KYC check for bounty hunters. However, by the end of the ICO, they declare that they have changed their mind and we need to undergo a KYC check. This is quite similar to fraud, given that the task of such verification is to prevent the laundering of dirty money and fight against the financing of terrorism, and since bounty hunters do not invest in ICO projects, they should not be tested by KYC. Thanks to the KYC check, which does not have a predetermined form of its passage in advance, the ICO teams have good opportunities for any far-fetched reasons not to pay the tokens bounty hunters.
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Malsetid
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April 09, 2019, 01:54:41 PM |
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there are many bounty hunters who disagree with KYC, maybe some of them use multiple accounts, so that makes it difficult for them to follow the bounty, I don't mind the existence of KYC if the project is good and guarantees data security, if the bounty hunter doesn't want to fill the KYC for bounties, look for bounty that don't require KYC
Yes. You're right. There are also good bounties that demand KYC nowadays and if you trust the project, then you should comply with the KYC. But on the other hand, if you don't want to support their KYC system, find another bounties that will not require KYC anymore. For the time being, a big problem for bounty hunters is that the ICO teams at first hush up or even deny the possibility of passing a KYC check for bounty hunters. However, by the end of the ICO, they declare that they have changed their mind and we need to undergo a KYC check. This is quite similar to fraud, given that the task of such verification is to prevent the laundering of dirty money and fight against the financing of terrorism, and since bounty hunters do not invest in ICO projects, they should not be tested by KYC. Thanks to the KYC check, which does not have a predetermined form of its passage in advance, the ICO teams have good opportunities for any far-fetched reasons not to pay the tokens bounty hunters. The thing is, how do you even make sure that your data is secured? These are projects that hasn't proven anything yet, and even those that seem to have legitimate whitepapers sometimes end up as fraud. I think the best solution is to just move to a different bounty campaign if you don't feel comfortable about it's kyc policy.
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cryptowolfsu
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April 09, 2019, 11:52:11 PM |
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For those who are not willing to reveal their private data the solution could be to sell their stakes. There are bounty platforms where you can sell your weekly stakes for ETH immediately like on the exchange. Other hunters who are willing to undergo the KYC process or seven some investors could buy it cheaper and that would be a win - win solution.
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Dobolen
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April 09, 2019, 11:57:28 PM |
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Maybe what really regrets is when I have done the KYC process. And then I got the token they promised. However, the project was unsuccessful and many of them reasoned. This is what I regret about the ICO project and this might be my fault for not being careful when choosing the ICO project.
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biskitop
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April 10, 2019, 12:39:39 AM |
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the most is airdrop, for bounty campaigns, there are still many who don't require kyc. it seems like more to the free gift and do not want a double account to receive donations.
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martina14
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April 10, 2019, 01:52:37 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!
Owners and managers have the rights to apply new rules, change rules and do any other reasonable changes if necessary.(including payment amount and structure.) This is the problem, most thread in bounties have this which the ICO team and the manager can change the allocation and sometimes the rules which they can tell people to do KYC at the end of bounties. What you will do if you stayed in the campaign for 2 months and you need to do KYC to have it?
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stefany101
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April 10, 2019, 02:04:43 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!
Yes it is ! If bounty hunters are afraid of verifying their identity during the bounty period then all they need to is not to join with those bounties which requires KYC, so that they are not be triggered. It is really for of cheating because we are the ones who join the bounty campaign and not other people. It is better for us bounty hunters to do it in our own so that we will have no issues on receiving our bounty rewards.
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akungagal
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April 10, 2019, 02:12:41 AM |
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Maybe what really regrets is when I have done the KYC process. And then I got the token they promised. However, the project was unsuccessful and many of them reasoned. This is what I regret about the ICO project and this might be my fault for not being careful when choosing the ICO project.
yeah, i also regret the same thing as you. that is why i am currently too careful in KYC, i really need to pay attention to where the project comes from and what the goals are. i don't want the same mistake to happen again.
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South Park
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April 10, 2019, 05:04:55 PM |
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I think there are now a number of projects that from the beginning told us that this project was using KYC. And of course, things like this have become your decision. If you want to join, of course, you have to be ready with KYC. In my opinion, KYC is not a problem as long as the project has good potential.
Even if I dislike know your customer policies if the project tells its participants that they are going to apply those policies from the beginning then it is your choice whether or not you choose to join them, but there are many projects that assure their participants that they will not ask for any personal information only to change the rules at the end, and that is very unfair to those that supported the project and now need to give out their information to get their tokens, in that case the developers are obviously doing that because they know that not everyone will share their information and then they can avoid paying them.
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Balzhi
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April 10, 2019, 05:35:53 PM |
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phah) who are you?) millioners?) ooh cia will know where i live and will grab me and take all my shitcoins goodcoins with value few thousand$ relax. nobody needs you.
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Fedrey
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April 10, 2019, 06:36:11 PM |
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Maybe what really regrets is when I have done the KYC process. And then I got the token they promised. However, the project was unsuccessful and many of them reasoned. This is what I regret about the ICO project and this might be my fault for not being careful when choosing the ICO project.
yeah, i also regret the same thing as you. that is why i am currently too careful in KYC, i really need to pay attention to where the project comes from and what the goals are. i don't want the same mistake to happen again. if we analyze all those bounty companies from which I participated, then almost all the companies that demanded passport data turned out to be very bad in terms of remuneration. By That is why I am not very good at kyc.
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Evrolina
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April 10, 2019, 06:55:50 PM |
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It might be very difficult to get someone to do KYC for you,instead i better stay away from campaigns asking for KYC.Giving away vital information just for reward can be very dangerous.
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Migranet
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April 10, 2019, 06:59:59 PM |
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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.
Isn't the purpose of KYC for bounty hunters to ensure hunters are not using bots and creating multiple accounts?
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Ezenwanyi
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April 10, 2019, 07:50:03 PM |
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I know that one can pay another to do kyc for one . But it's a risky game. Besides, the best solution Will be to exempt bounty hunters whose rewards are not up to $500 worth of the token from kyc processes.
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