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Author Topic: KYC Requirement for Bounty Managers before they require KYC to bounty hunters.  (Read 10186 times)
ttcsalam
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May 09, 2019, 09:47:24 AM
 #161

 Cry It is a very important topic for any project or company in the present time. In the amount of hacks that started, it seems that very soon the investors will worry about their investment. So, I think the KYC needs to be filled in the KYC to not allow hacker to crack or unknowingly.

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May 10, 2019, 06:12:38 PM
 #162

Cry It is a very important topic for any project or company in the present time. In the amount of hacks that started, it seems that very soon the investors will worry about their investment. So, I think the KYC needs to be filled in the KYC to not allow hacker to crack or unknowingly.
We need to remember more about the opportunities that arise when someone else has your personal data.  I don’t know how to. How can my passport data be abused, but with certain documents and important figures, they can gain access to certain accounts that are associated with cryptocurrency.  We must be sure of the safety of our passport data, and we must know To whom we give them.
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May 10, 2019, 06:32:28 PM
 #163

Cry It is a very important topic for any project or company in the present time. In the amount of hacks that started, it seems that very soon the investors will worry about their investment. So, I think the KYC needs to be filled in the KYC to not allow hacker to crack or unknowingly.
We need to remember more about the opportunities that arise when someone else has your personal data.  I don’t know how to. How can my passport data be abused, but with certain documents and important figures, they can gain access to certain accounts that are associated with cryptocurrency.  We must be sure of the safety of our passport data, and we must know To whom we give them.

Even now many projects have asked to do KYC but the project is not clear where the road is going and even entering the stock market there is no news, whether our data is safe or not, it can be misused.

.
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May 10, 2019, 06:38:52 PM
 #164

Though I didn't support the idea of bounty managers requesting kyc from bounty hunters for bounty campaign but I think we shouldn't be dragging this because I think its optional except for few exception when they didn't announce from the get go that kyc is required, bounty hunters should choose either to participate in bounty with kyc or not.
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May 10, 2019, 06:54:01 PM
 #165

The only KYC requirement for bounty managers should be their integrity, reputation and performance in previous campaigns. Aside this, I don't think they should be required to pass KYC just like it is totally irrelevant asking bounty hunters to pass KYC.

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May 10, 2019, 11:52:06 PM
 #166

Indeed, for the bounty it is now very difficult to choose, I just just followed the bounty handled by the former bounty manager, ColorlessK now he have a bounty platform and have some interesting bounties except that not all guarantee but it's better, than the New bounty manager who offers rewards with projects that don't make sense
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May 10, 2019, 11:59:53 PM
 #167

The only KYC requirement for bounty managers should be their integrity, reputation and performance in previous campaigns. Aside this, I don't think they should be required to pass KYC just like it is totally irrelevant asking bounty hunters to pass KYC.

is the OP hearing himself in the first place? kyc requirement is decided by the project team themselves and not the bounty manager.
so when a bounty mgr accepted the job, and posted the requirements, it is mandated by the project and not on his own disposition.
if the bounty mgr is receiving his compensation in terms of the project's token, then i would say more than likely he needs to undergo the kyc reqmt also. but its none of our business
if you dont want a bounty program requiring kyc, then by all means you are free to go. but minding someone else's business?  Roll Eyes

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May 11, 2019, 01:31:39 AM
 #168

The only KYC requirement for bounty managers should be their integrity, reputation and performance in previous campaigns. Aside this, I don't think they should be required to pass KYC just like it is totally irrelevant asking bounty hunters to pass KYC.

Reputation and past performance, This is a really must check before joining the campaign.

We should also check the payment timeline in his/her previous bounty campaign. A delay bounty payments is usually a failure of bounty manager to make a follow up for his employers or worst he failed to submit the bounty results on time.


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May 11, 2019, 02:20:22 AM
 #169

In this day in age, information is the new currency. KYC is a way for big companies to collect information from users. And now they have bounty hunters...
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May 11, 2019, 02:55:43 AM
 #170

To be honest, I do not subscribe to the idea of bounty hunters submitting a KYC before receiving their reward. Things are now changing. Who knows what could actually be done with those info?

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May 11, 2019, 01:43:03 PM
 #171

Know Your Customer as a security check is just to ensure that blockchain companies get to know their customers to avoid any form of theft. So I don't think bounty hunters are supposed to undergo KYC because they are only offering their services for a short while and once the project has successfully completed its token sales they get paid. I think KYC should be stopped for bounty hunters.

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May 11, 2019, 03:22:01 PM
 #172

Every time I send my ID it feels very unfair. Because as a bounty hunter we can only make a little money. Sometimes we also get fake projects. But if it has become policy, of course, we cannot do much. So KYC really has to be done and my advice before you send your ID is better to check.

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May 12, 2019, 07:08:17 PM
 #173

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.
If the ICO bounty campaign manager shows us his data and passport copies, it will not reduce the likelihood of fraud by the ICO team. Even if the manager of the bounty campaign is a member of the ICO team, he can use someone else's passport and other people's data, as many of us do right when passing these illegal KYC checks.
The problem of fraud among ICO projects can be solved only by government regulation of this type of activity. This can eradicate or at least significantly reduce the amount of fraud among such projects. Any other form of ICO command control will be ineffective.

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May 13, 2019, 12:46:12 PM
 #174

To be honest, I do not subscribe to the idea of bounty hunters submitting a KYC before receiving their reward. Things are now changing. Who knows what could actually be done with those info?
Virtually everyone do not really see the reasons why KYC should be demanded from hunters, and that is also part of the reasons why they are not meeting up with hardcap aside the scam issue, because the number of investors that would not agree to do KYC on this sites are still greater than the number of investors that will go by the KYC.

secondly, the number of hunters who would participate in campaigns with KYC is lower to the number of people who would not participate in campaigns asking for KYC. Majority of these unnecessary requirements should really be set aside, because it is not working, despite all their KYC requirements, they still cannot bring out ne single scammer.

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May 14, 2019, 07:42:40 AM
 #175

I do not see anything wrong with passing KYC, the most important thing is that my personal data should not be with the bad guys,
and the project turned out to be popular and promising.
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May 14, 2019, 09:44:01 AM
 #176

I think it is a good idea. Because sometimes some bounty manager are the problem so many bounty hunters did not give hunter's salary. So bounty hunters did not know who or did not know any identity about bounty manager so they persecute and to make complain because there in no profile. So for me it is good to give a KYC to bounty manager.

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May 14, 2019, 10:34:03 AM
 #177

I think it is a good idea. Because sometimes some bounty manager are the problem so many bounty hunters did not give hunter's salary. So bounty hunters did not know who or did not know any identity about bounty manager so they persecute and to make complain because there in no profile. So for me it is good to give a KYC to bounty manager.

Read the topic post again. You are missing from the topic a lot.

Bounty hunters are paid such ridiculous sums for bounty that they do not need to undergo KYC. I do not understand why they should spend so much time checking KYC at hunters.

It doesn't depends upon amount actually. It's just that business usually skips those who holds small amounts.
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May 15, 2019, 07:59:02 PM
 #178

Kyc is not a good idea, I don't see it as something that should be made compulsory for hunters to claim their bounty rewards, I see as a way of denying hunters their reward, so it should be stopped

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May 15, 2019, 08:09:22 PM
 #179

I really don't see any meaning in the KYC requirement. KYC requirement to me is like a waste of precious because these ICOs are not regulated by any authority but they do claim that they already got license from a particular country ministry of finance or whatever but in actually sense they are all liars and the KYCs they request doesn't go anywhere.

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May 15, 2019, 09:32:49 PM
 #180

Most are true, that bounty hunters don't like this. Because sometimes KYC is also complicated by those who do it. That's why most bounty hunters don't like that. But actually we as bounty hunters cannot do anything unless we have to get the token. If not we will lose what we did, so look for a bounty that doesn't do kyc. And ask the project group before participating.
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