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Author Topic: KYC Requirement for Bounty Managers before they require KYC to bounty hunters.  (Read 10238 times)
Fredomago
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April 20, 2019, 01:01:10 AM
 #101

I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.
What you say is true. We are actually not investors but only bounty hunters. But I can do KYC and it depends on the project. For example, I did KYC for the Bcnex project. Because in my opinion Bcnex Exchange is a project that really exists and is good. Therefore I immediately did KYC before participating in their bounty program.
Different prospective in every people who fully support and believe the projects that they've participated in, if you think that the coin will prosper risking your identity for the sake of rewards can be done, though it's really risky but it's your preposition if you will allow and take it.

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April 20, 2019, 05:05:11 AM
 #102

This is a good opinion for the bounty hunters because if they are going to trust the bounty managers with their personal information then they should also be trusted by the bounty managers to share their personal information with them so it will create fairness on both side and there will be no fraud that is going to happen.
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April 21, 2019, 08:03:58 PM
 #103

I dont think bounty manager have relation with developers team. Bounty manager mostly only manage the bounty campaign, not the project or payment. I think sometimes bounty manager scammed by developers team because its scam ICO. If the project are good, i think hunters will getting his payment
They surely have relationship with the team, but not a direct relationship but on a business relationship, because I believe that no bounty manager will just pick up a project to manage that they are not contacted to do.

It is just as if you say hunters does not have any relationship with bounty manager, without a bounty manager contracting a portion of it out for us to promote, how do we get to know about such project, but what I do not agree with people is the issue of KYC for bounty manager, yes, they will do their own KYC too for these developers, just like everyone of us, but not for us to ask them for KYC as if they are the ones deliberately scamming us.
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April 21, 2019, 08:11:18 PM
 #104

I don't like to easily hand over my KYC information and I will only do it to trusted parties.  A lot of these bounties on this forum are sketchy at best so I don't participate in them.  You never know what criminal will get their hands on your documents.
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April 28, 2019, 08:19:55 AM
 #105

This is a good opinion for the bounty hunters because if they are going to trust the bounty managers with their personal information then they should also be trusted by the bounty managers to share their personal information with them so it will create fairness on both side and there will be no fraud that is going to happen.
I do not think that bounty hunters should first of all pay attention to the ICO bounty manager. First of all, the ICO team must pass the full test. Moreover, in this case, KYC verification will not save us from fraudulent ICO projects. The ICO team should be checked by authorized state bodies with the verification of the originals of their personal documents. I hope that in some time it will be so.
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April 28, 2019, 10:45:23 AM
 #106

Unfortunately I agree with you, but for owners of the company who ask for KYC, this does not bother and they will not change their decision if they decide to enter KYC even for bounty hunters, so I try to bypass such companies, but if I see that the company interested me then I'm ready and go through the KYC.
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April 28, 2019, 11:03:28 AM
 #107

Had been into bounties who would announce KYC requirement for bounty payment at the end of bounty. This is unfair because not everyone likes doing KYC since it is risky to share identification and credentials.

This should be announced at the beginning of the bounty so that hunters will be aware if they will join the bounty with KYC or not.
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April 28, 2019, 11:07:03 AM
 #108

I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.
I have come to also observe that some bounty managers connive with the project team to impose KYC after the bounty campaign has ended so that any tokens not claimed by the hunters who do not want to give out their IDs will be taken and shared among themselves.

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April 28, 2019, 11:30:26 AM
 #109

I don't like to easily hand over my KYC information and I will only do it to trusted parties.  A lot of these bounties on this forum are sketchy at best so I don't participate in them.  You never know what criminal will get their hands on your documents.

I also prefer skip participating in such bounties because the reward is small but the requirements (including KYC) are too high.

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April 28, 2019, 01:55:39 PM
 #110

The KYCs that exist today do not at all correspond to the correct one, because this clearly conceals the intention that the SEC actually has to verify all that is in the world today. I think that there are opportunities to really do a lot in this world.
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April 28, 2019, 02:05:46 PM
 #111

I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.

It will be your option to participating or not in some bounties which requiring KYC to get reward, but it still fair.
The most unfair situation is, when the bounty has ended, it requiring KYC for the participants.
This is happening often in some campaigns, which is very unfair for bounty participants.

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April 28, 2019, 02:08:20 PM
 #112

I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.
of course it's mandatory, because of that I prefer a trusted bounty manager and also with a clear identity like bountyhive.
honestly I don't really like the bounty manager of this forum.
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April 28, 2019, 02:51:54 PM
 #113

Actually we cannot force the bounty manager to do KYC first. Because they don't force you to participate in the bounty program. Usually the bounty hunter does the policy on the project itself. If you lack trust in the bounty manager, of course a good step is not to participate in the bounty.

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April 28, 2019, 03:42:36 PM
 #114

there is any some bounty managers also submit their names in a spreadsheet as a signature participant, the bounty manager should also pass through the kyc besides him as a bounty manager but he is also a participant in their own campaign that he manages. to be fair together.
but if the manager only manages the campaign does not join the bounties, he does not need to follow kyc.

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April 28, 2019, 03:46:38 PM
 #115

I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.
of course it's mandatory, because of that I prefer a trusted bounty manager and also with a clear identity like bountyhive.
honestly I don't really like the bounty manager of this forum.

The absence of spreadsheets with an exact indication of the number of participants and the stacks earned by them does not inspire confidence in bountyhive. Data on the number of participants specified on the site can not be verified. Therefore, bounty managers on BTT are more acceptable.
And to pass the KYC or not, everyone decides for himself.

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April 28, 2019, 03:55:30 PM
 #116

Requiring KYC is wants of the projects. I don't think is good a idea for the bounty manager to submit their KYC. Because KYC implemented or create into different project it will have many complains bounty hunters because they will not join their multiple account or to prevent cheating.
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April 28, 2019, 04:03:52 PM
 #117

I think that passing KYC for head managers will not solve the problem. Even if they go through this procedure, the project may turn out to be Scam and for bounty hunters they will not cancel KYC.
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April 28, 2019, 04:04:10 PM
 #118

Personally I do not like this trend with KYC for each and every payment, because crypto currencies are aiming to achieve the anonymity by payments and we are moving towards completely different direction right now.
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April 28, 2019, 06:01:14 PM
 #119

KYC is for customer right. The bounty hunters are the promoters of project they shouldn't make bounty hunters to do that and spend a time for answering KYC. They are the promoters,advertisers. If the bounty manager requires KYC for the project they should put it on the first page and they should also done it before saying to us.
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April 28, 2019, 06:26:59 PM
 #120

This solely depends on the project team members who decide about the KYC, yes or no. There might other reasons for requiring a KYC for bounty participants like protecting multiple entries from the same users, having data for anyone who has their coins, or simply it can be an extra layer of security for them. Don't always think negative, but yes I also hate KYC for bounties. I try to avoid any KYC that I can trust, or if it's not a good project.
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