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Author Topic: Solutions to KYC complain of some Bounty Hunters  (Read 1375 times)
senin
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April 04, 2019, 05:13:50 AM
 #81

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!
If we ask someone to provide their data so that we can pass the KYC check, I do not think that this can be considered a fraud.

Firstly, this activity is not regulated and there are no regulatory legal acts that would oblige bounty hunters to be tested by KYC. Such a requirement is an excess of authority by the ICO team.

Secondly, fraud punishable under criminal law is not considered to be any deception, but deception for the purpose of stealing funds or other property. Bounty hunters in any case earn their tokens, and therefore there will be no fraud on their part, so far only ICO teams that bring their check at the end, or after the completion of ICO and in fact do not pay for bounty hunters them tokens.
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April 04, 2019, 05:35:50 AM
 #82

True.  Stop joining if you're are not comfortable about that kyc. It's so easy. Lol .  In fact they didn't force you to participate so why complaining?  bounty project put that kyc for interested investors only so if your not interested then you're not belong on it , wherein keep looking forward instead to those project tha have no KYC stuff to protect your information.
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April 04, 2019, 05:43:42 AM
 #83

Well that is true. If you think your identity will be stolen then avoid campaigns that requires KYC. I have joined on some bounties that asked for KYC and so far i didn't have any problem on it. I just don't like AIRDROPS that requires it.
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April 04, 2019, 05:55:21 AM
 #84

True.  Stop joining if you're are not comfortable about that kyc. It's so easy. Lol .  In fact they didn't force you to participate so why complaining?  bounty project put that kyc for interested investors only so if your not interested then you're not belong on it , wherein keep looking forward instead to those project tha have no KYC stuff to protect your information.
It's not about you are willing to put your identity or you are not willing to put identity but this is cryptocurrency, I can say most people who has been in crypto investment for many years they don't like KYC because cryptocurrency is a decentralized system and we hope that it will keep to be maintained. I just worried when KYC still used for bounty campaign or anything else related to cryptocurrency so sooner or later cryptocurrency is not a place that can be kept secret.

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shamc
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April 04, 2019, 06:44:33 AM
 #85

The bounty programs that specify NO KYC in their threads are much more popular. Bounty managers should specify at the start of the campaign whether it is needed or not

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April 04, 2019, 06:58:19 AM
 #86

No, you are wrong, definitely wrong. KYC is the main thing for the ICO because the investor may invest the money which is stolen or money laundering. So why bounty hunters need KYC?
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April 04, 2019, 07:01:44 AM
 #87

I agree that bounty participants should avoid bounties with KYC requirements as much as possible, though some bounties may suddenly change their terms during or after the campaign. This is a security risk for participants.
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April 04, 2019, 07:03:30 AM
 #88

KYC is no guarantee that the ICO project can succeed. And until now many coins are not listed on the stock exchange and even projects are not developed by Tim. I think we must be more careful in determining a project. And projects that do not use KYC can become successful and be listed on the Exchange.
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April 04, 2019, 07:23:47 AM
 #89

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!

On point number one, people are held, prisoner, the bounty manager will announce there will be KYC but in the final week or bounty hunters are about to claim their stakes, they change the rule and ask for KYC and point number 2, people are doing that because the first one who does it is the bounty manager or the token administrator.

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April 04, 2019, 07:41:47 AM
 #90

Maybe many hunters are disappointed because KYC is at the end of the campaign. And before the project began they said that they did not use KYC. But at the end of the ICO, the team changes the rules and prizes of participants must go through KYC before they receive the token. This certainly disappointed them because the team changed the rules as they pleased.

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April 04, 2019, 08:48:35 AM
 #91

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 don't think that you will have any solution to this hunters issues with kyc. They  already have 100 and 1 problems with anything called kyc. The only solution is to for this hunters to just forget about any bounty with kyc
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April 04, 2019, 08:54:01 AM
 #92

I think that the problem that many bounty hunters have is not doing KYC but giving personal data to perfect strangers and most of times "scammers". I think a possible solution is to require that KYC must be done using a trusted third part app like CIVIC for example, so that KYC will be done and your personal data will not be in ICO team hands
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April 04, 2019, 09:01:34 AM
 #93

Many bounty campaign participants always complain about the KTC procedure and look hard for pass KYC, how ever bounty campaign manager have rule how to make KYC is easy and not hard to pass it.

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April 04, 2019, 09:13:58 AM
 #94

I think that the problem that many bounty hunters have is not doing KYC but giving personal data to perfect strangers and most of times "scammers". I think a possible solution is to require that KYC must be done using a trusted third part app like CIVIC for example, so that KYC will be done and your personal data will not be in ICO team hands
Usually those who do KYC are third parties and there are some who use application services, in my opinion it can make the KYC process easier to do. KYC is a must because it will have such a huge impact on the success of a project. KYC is a thing that needs to be done and for anyone who rejects it must be a matter of suspicion, KYC can reduce Alt-accounts and it's proven to work on many projects.
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April 04, 2019, 09:15:50 AM
 #95

Maybe many hunters are disappointed because KYC is at the end of the campaign. And before the project began they said that they did not use KYC. But at the end of the ICO, the team changes the rules and prizes of participants must go through KYC before they receive the token. This certainly disappointed them because the team changed the rules as they pleased.
This is actually a matter of bounty hunters who follow the campaign, do not accept the decision. Because from the start, KYC was not recommended, but at the end of the campaign it was implemented. Before the campaign began, of course there were some people who asked about KYC they should not have made the decision to require KYC at the end of the campaign if at first they don't expect that.

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April 04, 2019, 09:16:26 AM
 #96

According to my own point of view participating or investing in a project is not must, if know that you can't undergo kyc is better you look for another project that don't require kyc because if you look for someone to do kyc for you, you are part of the people that are jeopardizing the system.

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April 04, 2019, 09:32:50 AM
 #97

My KYC is only for investors, but now the gift and Airdrop program uses KYC. I think this is wrong because KYC is not used for bounty hunters, but those who have invested money. But we also can't do much about the regulations made by the Team, and now all the decisions are in our hands.

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April 04, 2019, 09:39:06 AM
 #98

i think KYC is a normal procedure that need for avoiding cheat hunters, who apply with multiple account, but it must be sounding from the start of the bountu program, not right after the bounty program finished.

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April 04, 2019, 09:46:13 AM
 #99

I think Kyc is very important to know the identity of the user, so that the user does not abuse the account in making transactions
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April 04, 2019, 09:49:55 AM
 #100

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!


What you're saying is true. And what is the solution for projects that want KYC when the bounty campaign is over? Because they did not want kyc at the beginning of campaign.

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