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Author Topic: KYC Requirement for Bounty Managers before they require KYC to bounty hunters.  (Read 10184 times)
Mila52
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September 28, 2019, 08:34:29 AM
 #321

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.
Don't need KYC for trusted bounty manager like Hhampuz and yahoo62278. I don't feel KYC is safe and I'm not also comfortable to submit KYC information. Although kyc is mandatory for bounty hunters because of scammers.
I participated in many yahoo62278 companies and he never required a KYC for checking cheaters. I don’t like sending my personal data to unknown teams. Therefore, I am against KYC for bountists. Not so much money are  paying in bounty campaigns to inculpate hunters of  laundering  money.
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September 28, 2019, 08:57:49 AM
 #322

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 feel the same way. It is absurd that projects always require us to provide KYC to them, even though the government has never asked for it to check transactions.
distribution will be easy if they send the government agency their marketing policy and participant's spreadsheet, after which they can easily transfer tokens. I know this because I have an uncle who works at the government agency and the procedures are very simple and do not require too much information.
So what do they get our information for? I think they use our information to sell it to those who need to make a lot of money from it.

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September 28, 2019, 09:14:17 AM
 #323

Take bounty managers as hunters as well what they ddo is get paid for their services. Most of them pass KYC with core team members before managing their campaign. It isn't really their fault that kyc is being required of hunters team members decides on kyc.
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September 28, 2019, 09:43:15 AM
 #324

I fully agree that the KYC procedure should be done by both bounty managers and members of the project team. Otherwise, ICO will never get out of the pit in which they now find themselves.
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September 28, 2019, 01:08:47 PM
 #325

KYC for bounty hunter needed in order to prevent users from using multiple account to do the bounty. Of course if you feel that it's not worth it or insecure giving your data to unknown party, then do not join or apply for be a bounty manager instead

Yes, it is KYC to avoid scamers, but what I am surprised about is when we do KYC, but worthless tokens, there are many Bounties that I experienced, but bounties that don't need KYC are actually expensive token in the market, such as the Sessia project.

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September 28, 2019, 01:29:21 PM
Last edit: September 29, 2019, 01:40:47 PM by boltz
 #326

Please remember that doing KYC for weak projects can lead in the future that your data will be sell online for those who pay bigger so are you willing to take this risk ? I can give the latest example that I had on this , I did KYC for migranet bounty/project and in the end I got nothing from that bounties but now they have my data and I'm not comfortable with that to be honest.

So if a manager needs to make a KYC, the projects must be more than solid in order for him to do that. Personally I don't want to see KYC again for weak projects as most of them don't even achieve the soft cap and they just leave with your data and if you try to speak with them about your data they will simply ignore you or they will tell they delete it but they provide some evidence ? Never.
I'm comfortable with KYC only for strong projects who have separate funds for hunters and managers.

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September 28, 2019, 01:35:46 PM
 #327

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.

So they are going to do KYC but where they are going to submit their KYC? to the developers or bounty hunters, when all the negotiations are between the developers of the projects and the independent bounty managers, it's between them, they are the one that will set the rules and we just follow them.

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September 28, 2019, 01:48:33 PM
 #328

Simply put, if you don't like projects that require participants to do KYC, you can avoid them or participate with ordinary projects that don't have to be KYC. if I think a project that requires participants to do the KYC indicates that the project is responsible.
What kind of responsibility are you talking about?10% or less projects with KYC that pay a fee. It does not solve anything at all, but only carries the risk of leakage of user data.
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September 29, 2019, 09:49:58 AM
 #329

The existence of KYC in my opinion is controversial because it involves personal data from someone and indeed can detect fraud so that our personal data can also be misused by others for their interests. itself we don't know either
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September 29, 2019, 11:54:04 AM
 #330

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.

Even if a bounty manager has a policy in a Bounty campaign, I know that he does not insist on participating. In other words, we may not be able to participate if that is the rule, it's just that simple and searching we think is legitimate but there are no KYC rules for bounty hunters.
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September 30, 2019, 08:45:50 AM
 #331

I actually agree, but for KYC I reject it because it involves the personal data of each person who is a part of privacy should not be coercive. there are other methods if BM wants to detect fraud or to verify what can be done

 
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September 30, 2019, 10:18:17 AM
 #332

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 dont think this is necessary for Managers or its the jurisdiction of the project whether to impose KYC on them, of course they will screen also them and know hem via videocall or something to confirm first they are good and legit managers. If hunters wouldn't like this then feel free not to join. There are lots of hunters needed this and we arent obliged by the project to do so. Its their term so if you dont like it then good luck. Remember, we are just participating, sound unfair but that's life.



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September 30, 2019, 10:57:22 AM
 #333

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 am agreed with your compliment about KYC. I think KYC makes for country restriction who guys participating as a investors but in the last year KYC required also bounty hunters. Also i feel depressed when i submitted my documents than if project team use in wrong place or sell in the other platform. Actually KYC threatened for identity i think. In that case, i ignoring most of the projects which aren’t very promising.   

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September 30, 2019, 11:03:01 AM
 #334

Where did you see that bounty managers are managing the KYC process?
In most cases you have to send your KYC document to the ICO, exchange or the third party service that is qualified to do it.

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September 30, 2019, 11:53:34 AM
 #335

I completely disagree with you, I support providing KYC procedures for bounty hunters. I would even say I consider it as a necessity. Bounty hunters cheating the campaign, they use multi account or even spam bounty campaign. Usually it doesn't take much time to verification, so it's ok.
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September 30, 2019, 11:56:46 AM
 #336

Why do we have to do kyc to get an award? Really. I can't understand.All we do is comment on the project.why do we have to give them all our identity and contact addresses ? Maybe they're sharing that information with others, and we'll never know. I advise you to stay away from projects that require Kyc.We don't even know who bitcoin creator satoshi Nakamato is.

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September 30, 2019, 02:40:49 PM
 #337

They are allowed to do what they want, unfortunately, and I believe if a bounty manager is working with a serious project, they know each other not only from telegram, but personally. Anyway, KYC for hunters is made only for one purpose, to pay less tokens.
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September 30, 2019, 03:14:23 PM
 #338

Most of the bounty managers and project owners use this technique not to pay bounties mate. It is really a common thing to do. They actually know its is an odd situtation but they do it just to eliminate people and pay less. So their assets will not dump so hard. In the past 1.5 years, almost all of the projects use this KYC thing, it actually provides a healthier crypto space by getting real people, however, when it is used to eliminate hunters, it becomes not for the good of people.
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October 01, 2019, 09:04:18 AM
 #339

I think that the rules are set by the development team itself. Bounty Manager cannot influence KYC requirements.


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October 01, 2019, 10:41:48 AM
 #340

I think that the rules are set by the development team itself. Bounty Manager cannot influence KYC requirements.
It wouldn't make any sense for a bounty manager to do a KYC. This is Crypto.

 
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