Solutions to KYC complain of some Bounty Hunters

[Danslip]

Bounty hunters are people who want fast and quick money for making small jobs required by the bounty manager. Bounty earnings are like taking an apple from the basket and bounty participants want to sell the apple for cash.

[pinoycash]

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.

There's no other reason but to collect personal information from unsuspecting bounty hunters. If they want to get rid of cheaters then its the role of the bounty managers to check and verify each participants.

[thd26bct]

If they want to get rid of cheaters then its the role of the bounty managers to check and verify each participants.

Exactly, with bunches of channels that managers can use to screen all potential bounty cheaters.
From bitcointalk account, to facebook, twitter, telegram, and Discord. I don't think that all bounty cheaters already have all set of accounts on those channels for each of their bitcointalk account in order to cheat bounties. So, if they use same accounts (such as Telegram, or Twitter) they will be discovered (by bounty managers or by forum community). Then, at the end, they all will be found, and punished (with nuked or red tags). KYC requirements for bounties are unneccessary, in my opinion.

[pinoycash]

Exactly, with bunches of channels that managers can use to screen all potential bounty cheaters.
From bitcointalk account, to facebook, twitter, telegram, and Discord. I don't think that all bounty cheaters already have all set of accounts on those channels for each of their bitcointalk account in order to cheat bounties. So, if they use same accounts (such as Telegram, or Twitter) they will be discovered (by bounty managers or by forum community). Then, at the end, they all will be found, and punished (with nuked or red tags). KYC requirements for bounties are unneccessary, in my opinion.

Not all bounty managers are keen on finding cheaters and abusers, Sometimes they only rely on the community effort in exposing the cheaters and sometimes bounty managers themselves own hundreds of farm accounts that he will use to abuse the campaign the they manage.

[airdropan]

part 2 is not good to using another person identity for your kyc
its just like cheater or scammer. sometimes bounty managers using kyc for verify the hunter

[Sithara007]

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.

There's no other reason but to collect personal information from unsuspecting bounty hunters. If they want to get rid of cheaters then its the role of the bounty managers to check and verify each participants.

If they want to get rid of the cheaters, then there are dozens of other less invasive options. Nowadays, KYC is one of the most misused processes in the crypto domain. Most often it is used as a tool to deny the rewards to hard working bounty hunters. And in other cases the KYC documents are sold to hackers and criminals through dark markets. 

[john2231]

Exactly, with bunches of channels that managers can use to screen all potential bounty cheaters.
From bitcointalk account, to facebook, twitter, telegram, and Discord. I don't think that all bounty cheaters already have all set of accounts on those channels for each of their bitcointalk account in order to cheat bounties. So, if they use same accounts (such as Telegram, or Twitter) they will be discovered (by bounty managers or by forum community). Then, at the end, they all will be found, and punished (with nuked or red tags). KYC requirements for bounties are unneccessary, in my opinion.

Not all bounty managers are keen on finding cheaters and abusers, Sometimes they only rely on the community effort in exposing the cheaters and sometimes bounty managers themselves own hundreds of farm accounts that he will use to abuse the campaign the they manage.

This is mostly happen that some campaign managers have many alt accounts and then they add their own alt accounts to his own campaign so that he is the only one who can earn from the campaign. They are mostly abuse this but I'm still not agree with KYC verification it's not fair to give our documents to all altcoins and tokens they should require KYC also if the ICO owners and teams are real people or not because there are many ICO are scam so giving our documents to fake project is worst than having multiple accounts. Because they can use our documents to sell in blackmarket or they can use it to claim in other bounties.
This is our big problem here in crypto they should required KYC only in ICO project owners to avoid from being scam.

[zhekinsp]

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!

But is this solution worked yet? Still lot of people were joining on the bounties no matter kf KYC asked ir nit because only at the end they find about it and they can't do much for asking abiut this as well.

[bitcoin31]

Simple instruction must be follow and read before you join is the best because you will be maybe disagree to the rules so don't join that's simple. But other bounty they did not implement KYC in the few months but once the campaign ends they need to pass it so we need to talk about this also.

[Ailmand]

I certainly agree with you. If hunters are not comfortable in passing Kyc, I guess it's better for them to look for bounties who don't require it. The problem sometimes is that bounties are just announcing that they require Kyc before the distribution of the rewards. Most of them don't announce it ahead of time so that bounty hunters would be obliged to pass the Kyc just to claim their rewards.

[Nezerlan]

Of course the smart thing to do before joining any bounty campaign is to ask and confirm from the dev or bounty manager if there will be KYC. Problem is they can say no KYC today and later change their minds later by the end of the campaign to force you into doing it before you receive your rewards

[nikola22]

Of course the smart thing to do before joining any bounty campaign is to ask and confirm from the dev or bounty manager if there will be KYC. Problem is they can say no KYC today and later change their minds later by the end of the campaign to force you into doing it before you receive your rewards

forcing to make a KYC at the end of bounty is the worst thing the bounty manager could make. many people just waste time for such bounties and don't earn anything.

[martabaktelor]

Prize hunters are not investors so they don't have to do KYC. KYC is now widely used for gift projects. This happens because there is a lot of fraud and the presence of KYC can prevent fraud. But if you don't want to go through KYC, you have to look for gift projects that don't use KYC.

[babarian]

some bounty managers are afraid that with multiple accounts following their campaign, I can tolerate that reason.
however I am not happy if they change or determine KYC regulations at the end of the campaign, even though at the beginning of the campaign they never discussed KYC for claims.

[silver23]

actually i never get a problem with KYC on bounty campain.
but it happened on Airdrop with KYC, you know Airdrop is a field of scammer.
it make me think if bounty is same like airdrop and i am afraid if join bounty with KYC.

[South Park]

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.

Right, but once a bounty hunter gives that information to an ico then he has even more incentives to keep doing it as there is less competition for those spots as some are not willing to compromise their personal information in exchange for some useless tokens, and once that information falls in the wrong hands and it is sold in the dark markets they have nothing more to lose and so they can keep participating in icos asking for KYC.

[Chicky213]

It's better they announce to hunters that KYC is mandatory initially and not after working they will implement KYC to reduce the bounty allocation. Some hunters I now don't near any KYC mandatory bounty.

[okala]

I agree with the first option if you are afraid of KYC then you should not join any bounty that require KYC, the decisions of having to verify your identity is left for the team handling the project after all you as a bounty hunter will eventually becomes member of the project so you need to verify you self for record purposes.

[Insomnia family]

there is nothing to complain about because the Kyc system also has a positive value that can reduce multiple accounts, on the other hand the process is not too complicated, we know that most bounty hunters don't like it because they don't always get the part when they have finished the process. if you feel objections are very simple, avoid and look for projects that don't do Kyc.

[Mihaylovic]

i dont think somebody will share his or her personal identity details with you. even if you share the profit. giving kyc is quite risky in this ecosystem. we have seen so many passport leaks because of those kyc processes.