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Author Topic: Solutions to KYC complain of some Bounty Hunters  (Read 1381 times)
jazmuzika217
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April 02, 2019, 01:22:15 PM
 #41

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..

I agree to these statement some company that promote on bounty campaign required todo a kyc to get your token,but because you are afraid to give your identity then you will not do a kyc in other words company get a free promotion on you.
Well the step 2 is good idea if you dont want todo kyc then get someone todo it for you.
mrdeposit
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April 02, 2019, 04:45:18 PM
 #42

What you say can be true if KYC is predetermined by devs. However, most projects do not determine it when bounty first start, but do so after bounty is finished. This is not a big problem, but the participants join because the conditions are appropriate.
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April 02, 2019, 04:49:19 PM
 #43

If the bounty organizers suspects users of using multiple identity, there can be several other ways to verify that none of the participants are entering multiple times without asking for private informations. Even if they need to carry out one, they should do that using a trusted third party identity verifier.
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April 02, 2019, 05:06:28 PM
 #44

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!
Your second point is not only a form of cheating, you are exposing another person to get his identity stolen if for some reason you choose a bad ico to participate, so while you may be protecting yourself from losing your information you are now affecting another person in your life just to get a few dollars which is not fair at all, the best solution is your first point, it is better to miss in a good bounty in order to protect your information because it doesn't matter how much money you get it is never going to be as valuable as your personal information.

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watergold
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April 02, 2019, 05:15:55 PM
 #45

maybe the kyc system for bounty hunters is a pretty good thing, at least it can reduce a little cheating.
you can imagine if someone has 5-10 senior accounts and then enters into 1 bounty project then if he is lucky he will get more tokens than the investors who bought

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Robotbitcoin22
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April 02, 2019, 05:22:00 PM
 #46

What you say can be true if KYC is predetermined by devs. However, most projects do not determine it when bounty first start, but do so after bounty is finished. This is not a big problem, but the participants join because the conditions are appropriate.
But other things that are considered by the participants are now the bounty itself does not provide many benefits for its users and they also feel disadvantaged if they have to send their data without getting a profit
Andrey13101991
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April 02, 2019, 06:16:33 PM
 #47

Of course, we are not required to undergo KYC, but if some company announces that it will conduct this procedure, then we simply have no choice
Averim
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April 02, 2019, 06:20:32 PM
 #48

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!
For some of us is easy, for others is complicated. In most cases the KYC measures are related with the fear stealing the identity.
coinplus
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April 02, 2019, 06:52:08 PM
 #49

Just not joining is a not a solution for popularization though thats the issue. I would love to just not join and I do, I hate giving away my KYC and never have to anyone ever but that doesn't stop the new ICO's coming out with KYC requirements neither, there are more and more of them every single day. Which means maybe one day most of the ICO's will have KYC requirement and that is definitely not nice to hear.

So, when people talk about and complain about the KYC requirements "just not join" is not a good solution, yeah I will not join but I also want them to stop asking for it just for the future as well, so they don't become an example to the other ICO's coming up. We would like to find a way to stop KYC requirement all together or at least keep it a not liked option so we could continue having good non-KYC ICO options for ourselves.
Denton
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April 02, 2019, 08:27:48 PM
 #50

I also think that KYC for members bounty is not needed, but there is nothing wrong with that. The project team also does not want to deal with multi-accounts and therefore they use KYC to prevent this.

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April 02, 2019, 08:46:51 PM
 #51

I seriously don't have any issues with doing of KYC as bounty hunters because at least through it the activities of cheaters can be check mate. The only issue I have with it is bringing it at the end of the campaign knowing fully well that not all hunters will have the required documents for it, I think this is another form of cheating.

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April 02, 2019, 08:55:37 PM
 #52

I seriously don't have any issues with doing of KYC as bounty hunters because at least through it the activities of cheaters can be check mate. The only issue I have with it is bringing it at the end of the campaign knowing fully well that not all hunters will have the required documents for it, I think this is another form of cheating.
It would be nice to still check not only the Bounty Hunters, but also check the team, because in most cases today, participants in the Bounty companies do not receive any rewards. Why are you all trying to find a scammer among the participants of the Bounty company, which in one way or another still performs the amount of work, But if the Bounty company deceives everyone without going over the participants, then there are no levers of pressure on such situations. For me, kyc is not a problem, but in most cases when I participated in the Bounty company and provided my kyc, I remained as a result without tokens or with coins that cost nothing at all.

]
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April 02, 2019, 09:00:21 PM
 #53

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.
What if bounty applies KYC when at the end of the campaign while we have joined for more than 12 weeks, will you still not do KYC? if not it means you will work in vain

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April 02, 2019, 09:05:31 PM
 #54

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.
What if bounty applies KYC when at the end of the campaign while we have joined for more than 12 weeks, will you still not do KYC? if not it means you will work in vain

That is why OP has given point 2 as doing KYC by help of other person and in against you have to pay him some fees. but in this case mostly it will get scammed as the KYC holder will get the token and if not giving to the real owner then it is one type of cheating. So only join that project who is runned by the reputed campaign manage who are not changing their rules after the campaign is ended.
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April 02, 2019, 09:47:10 PM
 #55

Got nothing against KYC.
But my position that KYC must be announced at the beginning of campaign, so hunters could decide join or not, I personally will never join.
In cases, where bounty is announced shortly before campaign end or even payments - it is cheating from dev side I believe.
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April 02, 2019, 09:49:44 PM
 #56

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!
There is also some complains about hunters sending fake information.
It is cheat but I think they are doing it to keep their personal information safe,
Because we don't know what would happen next after the KYC.

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April 02, 2019, 10:00:16 PM
 #57

~ snip >
There is also some complains about hunters sending fake information.
It is cheat but I think they are doing it to keep their personal information safe,
Because we don't know what would happen next after the KYC.

you dont need to cheat and give false information if you feel that the campaign that you'v join is legit . cheating them could only give you a bad karma  but i think its okay to use fake infos or fake kyc's if you arent unsure to the legitimacy of the project  .

~ snip >

Yes they are announce if  campaign will require a kyc or not before they start .  your right .  its already considered a cheating or scamming if they will announce the kyc at the end of on the middle of the camapign . you can still make a complain to the campaign that your onto  .
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April 02, 2019, 10:13:54 PM
 #58

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!

Number one would have been more doable but only if theres a union for hunters to ensure every hunter adheres to the rules or laws bounded by bounty hunting else it will be a movement in futility 

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April 02, 2019, 10:20:22 PM
 #59

Got nothing against KYC.
But my position that KYC must be announced at the beginning of campaign, so hunters could decide join or not, I personally will never join.
In cases, where bounty is announced shortly before campaign end or even payments - it is cheating from dev side I believe.

Exactly. The problem with several projects is that they announced the KYC requirements afterwards. So those hunters who don't want to comply with KYC are in rage because they wasted their effort. And some others will require to download their app, and then, you will complete your KYC in that app. Now, where is the fairness here? People should respect the fact that many people are hesitant to disclose their personal documents because we don't know where these data will end up to. Are we too trusting with these websites and not care for our own privacy? I would comply such requirement if I know by heart that project is 100% legit.
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April 02, 2019, 10:29:37 PM
 #60

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!



As a bounty hunter there are cases whereby KYC wasn't specified until the end of the campaigns and voom there is KYC before you can claim your token, to me I see that as cheating and the BM should desist from it.

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