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Author Topic: Solutions to KYC complain of some Bounty Hunters  (Read 1381 times)
fullhdpixel
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April 10, 2019, 08:34:25 PM
 #181

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.
In trying to avoid KYC, we need to also be careful not to allow fraudsters take advantage of our fear in helping them promote their projects by producing projects without KYC.

Most of these projects have their website and most information that are submitted are via website and once a site installs SSL certificate on their website that automatically protect user’s sensitive information, I think this is enough to guarantee us of the safety of our information, but we need to avoid any website that is not making use of SSL, it means they totally disregard and don’t have the privacy interest of the users at heart.

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April 10, 2019, 10:19:26 PM
 #182

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!

Problem with point number one is they do not tell you right away if there is a KYC or not, they just tell it, after the bounty was finished and they are processing the distribution,  so even if you are not into KYC you are obliged to do so, because you will lose the stakes that you've worked with for so many months.
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April 10, 2019, 10:24:54 PM
 #183

Often times, the project that request for kyc (even from Bounty hunters) are not only as a result of fiats but to also make sure some countries with restrictions on ICOs do not participate and thereby avoid possible sanctions or legal battles in the future as regard this.it is more like being on the safer side
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April 11, 2019, 01:37:48 AM
 #184

Its very simple, if you're a bounty hunter as me and through research you find any promising bounty which comes with KYC and you think because of KYC you can't do it, that is your own decision. So decide whether to do a KYC bounty or not and stop the complains.

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cryptogeek101
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April 11, 2019, 02:16:56 AM
 #185

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 you advise about KYC participation is quite amazing and I really appreciate your  efforts,for me I don't like the idea of KYC from the beginning because it negate the concept of decentralization which the blockchain technology is all about

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Debonaire217
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April 11, 2019, 02:41:42 AM
 #186

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 the world of technology and Artificial Intelligence domination on the main line internet, I think utilizing KYC procedure is a one step precautionary measures as to very us, basically who knows what people can do today? we doesn't know if a technology just enrolling enormous amount of accounts. That will be dangerous. So what we need to do is to comply.
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April 11, 2019, 12:21:35 PM
 #187

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.
It can really be painful, many of us are being careful in the way we display our vital information to the public, and it can be very annoying after picking up the courage to trust a project and then submit the KYC requirements, only to later hear that the project was not successful, which means one will no longer have any information or trace to the project that has ones KYC and they might use it probably for an ulterior motive since the information is stored permanently in their database and like you said, we need to be very picky when it comes to investing in these projects for security and safety purpose.
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April 11, 2019, 01:17:37 PM
 #188

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!
Step number one was the main thing I did in hunting bounty programs. I will go for the bounty without KYC because it is less hassle and no possible leak of personal information. Complying KYC even though we are not sure whether the project will become successful is very painful as we do our best to spread the news but they had failed to pay bounty hunters that deserves the said amount allocated in the program.



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April 16, 2019, 12:11:06 AM
 #189

yes, because the rules are very different. if in the previous year there were no kyc but still got a reward, this year or the end of this time it did not get anything but always required by Kyc. in my opinion this is unfair, and detrimental to the bounty hunter. because personal identity is very important, but if you get a big reward, I think it's okay.

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April 16, 2019, 04:33:23 PM
 #190

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$ Grin relax. nobody needs you.
You are not understanding what this is about, it is obvious that most investors do not have enough money to be subjects of such investigation, so they are not worried about that, they are worried that those in charge of the ico will sell their information to criminals in the darknet and once your information is out there it is impossible to take it back, and while that kind of information may not be very valuable for those that are buying it, it is very valuable for you and losing it is not an option.

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April 17, 2019, 08:04:37 PM
 #191

Alas, while we have almost no influence on the abolition of KYC in bounty companies, the only way out is not to participate in such projects, it should be massive, but I understand that in current realities this will not happen.
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April 17, 2019, 08:51:14 PM
 #192

The issue is that most bounty managers don't spread the required details for the kyc, just like you requesting for only passport or national ID only for a verification which should at least be more than that, most countries don't issue national ID yet and passport is more like what the rich only own. So at least there should be another way for that expect personal details.
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April 17, 2019, 09:33:29 PM
 #193

That's right. If someone does not want to participate in the KYC, they have every right to refuse it. Dont complain and dont say that the project is fraudulent if he decided to carry out this procedure.

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April 17, 2019, 09:36:11 PM
 #194

KYC problem is not new in the crypto projects but many projects joined to scam train for getting more coin. The dark web is full of KYC documents for sale and sometimes I fear about my documents.

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April 17, 2019, 09:47:27 PM
 #195

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 used to be more positive about KYC, but after experiencing the market crash and the fickleness of most ICOs, I have come to the conclusion that it's not worth giving very sensitive documents to a project that may not exist in one year. Projects that require KYC among bounty hunters should be avoided like the plague.
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April 17, 2019, 09:50:38 PM
 #196

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!

Haha. What you say is true. And, skip the prize campaign with kyc requirement. With kyc you won't know what's going to happen next.

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April 17, 2019, 10:05:31 PM
 #197

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!

Haha. What you say is true. And, skip the prize campaign with kyc requirement. With kyc you won't know what's going to happen next.
KYC is mandatory for IEO based token sales and scam projects always want an easy solution to the problems caused by KYC. What will happen next will be interesting to watch if the team decide to cancel the token sale after collecting the documents from customers.
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April 17, 2019, 10:07:37 PM
 #198

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 you can add an item here.
4. If you do not want to go through the KYC, then look for projects where this is not required. Leave projects with KYC for those who want their documents to be "walking" over the network.

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April 17, 2019, 10:17:13 PM
 #199

When bounty hunters are requested to fulfill KYC it has got some valid reason. The same is going to help with the distribution process and get rid from issues, because there are many countries that weren't allowed to participate into bounties as well for some legal reasons. Maybe in future this will fade off until then no other go.

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April 17, 2019, 10:24:44 PM
 #200

For me personally, I don't really have a problem if I have to fill KYC when the project is finished to get tokens from hard work so far, but before I have to improve more about this project and the development team behind it must also be a person answer with the identity we will enter.
It's a shame if you have participated in this project for a long time and did not get a token because you do not want to fill out KYC.

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