asbak66
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July 06, 2019, 11:06:05 PM |
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Nowadays, some of project need kyc requirements for participants after the project end. And tbh I don't know too why they need our kyc? Like you said we're not investor and just a bounty hunter, so why they must need our kyc identification?
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mr_random
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July 06, 2019, 11:12:24 PM Last edit: July 19, 2019, 06:51:55 AM by mr_random |
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It is not the only a problem of the bounty hunters, but it is also a kinda concerning problem for the bounty managers and the team. If it was not mandatory I am sure no one will send his personal documents to the unknown team for the few cents worth tokens. The ones who can't make proper research before joining the token sale whitelist will not be awarded by the team. Scammers are wise and we need to educate the brand-new crypto investors
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moonblocks
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July 07, 2019, 01:00:18 AM |
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This would be a good policy for the industry to adopt especially as it will encourage more transparency for bounty managers and this should also be done by the project team itself to ensure that everything is legitimate before launching a campaign
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crispynougat
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July 07, 2019, 01:10:32 AM |
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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.
KYC is now very often used for bounty hunters. And I think the use of KYC is not wrong just we have to be careful. It is better to do research and examine the project. If the project is experiencing a very good development, of course, we can do KYC. I am not worried about sending my personal data and so far there is no problem.
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LogitechMouse
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July 07, 2019, 01:47:05 AM |
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If I'm the bounty manager, I don't like to give my KYC to anybody because it can affect what I'm doing. Same with the bounty managers out there. One more, why would the bounty hunters join in a bounty campaigns that requires KYC. If they can risk their personal information for the sake of a small money then go I don't care and vice versa.
In the internet, nobody is trustworthy so how can you be so sure that your information will not be used into bad things? This is why I don't want to give my personal information to the people that I don't know personally.
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rizkyfebrian213xx
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July 07, 2019, 03:02:29 AM |
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It sounds weird if there was KYC requirement too for Bounty Managers.. Bounty managers will do professionally managing bounty and calculating stakes for bounty participants because I think if they didn't do that correctly , they will not getting paid from ICO team.. And I'm worried what ICO team do if already had your personal data. But if effectively for some "recommended and good" ICO which launched bounty campaign and put KYC rules before getting bounty rewards , it will make bounty participant can't register with multiple account for cheating bounty rewards.
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iTradeChips
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July 07, 2019, 03:08:53 AM |
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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 always believe on the anonymity of cryptocurrency as one of its founding factors that help people be away from the "evils" of fiat currency. If bounty managers demand a Know your Customer campaign before they give the bounties then I will not participate. I demand being asked if there is KYC or if there is no KYC on the bounties that I join then I join them. If they say KYC AFTER the bounty has been finished then that for me is malicious and misleading.
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Indai24
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July 07, 2019, 03:49:00 AM |
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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 always believe on the anonymity of cryptocurrency as one of its founding factors that help people be away from the "evils" of fiat currency. If bounty managers demand a Know your Customer campaign before they give the bounties then I will not participate. I demand being asked if there is KYC or if there is no KYC on the bounties that I join then I join them. If they say KYC AFTER the bounty has been finished then that for me is malicious and misleading. There are bounties that doesn't require kyc during the campaign. And when the campaign ends, they requires you to do the kyc. And it's compulsory because you won't be able to get your reward without kyc. You'll be forced to give them your personal info. They will tell you they don't require kyc, but after the campaign ends, they will change their rules. And you can't do anything about it.
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florac9
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July 07, 2019, 05:18:41 AM |
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There is really no point in making bounty managers go through KYC process ,doing so won't state the fact about how professional they are in their work ,all they do is mark and regulate a bounty ,devs and teams are the ones forcing KYC on hunters not bounty managers,its never bounty managers call to make
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carrie_white
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July 07, 2019, 05:52:04 AM |
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I've always had the same thoughts as you, because in my opinion it makes a lot of sense, no one wants to entrust his business to an unclear bounty manager, we as bounty hunters also need to know the real profile of the bounty manager so that everything becomes transparent
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styca
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July 07, 2019, 05:55:45 AM |
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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.
You're right to be cautious about submitting KYC information, particularly when there are so many scams about. In general though I think the KYC requirements are just companies being ultra-cautious and trying to stay on the right side of what are often vague or uncertain legal requirements.
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Babyrica0226
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July 07, 2019, 08:09:16 AM |
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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 you're not comfortable submitting any of your documents, well you are free not to apply in it. No one is forcing you to do it, that's why you will see some bounty threads from the starts they already declared if there is KYC or No KYC, so that the bounty hunters or Investors are aware of it, but if the KYC will only be announce after the campaign or in the midst of the campaign, I can call it that is one of the stupid stupid project campaign in my opinion only.
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tranduong123
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July 07, 2019, 08:29:20 AM |
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I think no one wants to reveal personal information to others, but the problem here is that bounty hunter's KYC is not against money laundering, but to limit cheaters, although it is not very effective.
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NewRanger
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July 07, 2019, 08:31:18 AM |
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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 you're not comfortable submitting any of your documents, well you are free not to apply in it. No one is forcing you to do it, that's why you will see some bounty threads from the starts they already declared if there is KYC or No KYC, so that the bounty hunters or Investors are aware of it, but if the KYC will only be announce after the campaign or in the midst of the campaign, I can call it that is one of the stupid stupid project campaign in my opinion only. some bounty campaign changes their rules about KYC when campaign ended.and it depend to us ,will we continue this process or not to receive our bounty campaign.i am sure changes rules in the end of campaign will make bounty hunter surprise.especially for them that not to be honest.
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Kimonoe
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July 07, 2019, 08:34:06 AM |
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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 you're not comfortable submitting any of your documents, well you are free not to apply in it. No one is forcing you to do it, that's why you will see some bounty threads from the starts they already declared if there is KYC or No KYC, so that the bounty hunters or Investors are aware of it, but if the KYC will only be announce after the campaign or in the midst of the campaign, I can call it that is one of the stupid stupid project campaign in my opinion only. I agree. by making regulations at the beginning of the campaign, I think this is fair, because there is no element of fraud. but if it is held in the middle of an ongoing campaign, of course makes us think of sending it, even though the team can change the rules.
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kennen1113
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July 07, 2019, 08:43:22 AM |
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If I'm the bounty manager, I don't like to give my KYC to anybody because it can affect what I'm doing. Same with the bounty managers out there. One more, why would the bounty hunters join in a bounty campaigns that requires KYC. If they can risk their personal information for the sake of a small money then go I don't care and vice versa.
In the internet, nobody is trustworthy so how can you be so sure that your information will not be used into bad things? This is why I don't want to give my personal information to the people that I don't know personally.
I understand how you feel, the virtual world can always give us a lot of risks when we provide too much information for it, especially in the field of crypto, personal information is always a very important thing, it is a shield to protect our property, revealing to others that will harm our selves. Therefore, not only the manager of the bounty campaign, almost everyone dislikes the request for KYC, instead of having such excessive requests, they should ask for simple information as a real account to be able to talk and negotiate with each other, the bounty manager will never refuse this request
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Kocret02
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July 07, 2019, 08:45:56 AM |
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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.
many bounty hunters may not believe in the existence of KYC but maybe it can be used as a way to do the Kyc for the bounty manager first and then do the bounty participants to be fair
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virtualx
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July 07, 2019, 12:39:10 PM |
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Yes handing over KYC which information about yourself is a contentious issue. However you do not expect bounty managers to go through same processes like you because they are already known and it's for that very reason they are handling the project coordination and management instead of you .
However I understand your pains as a fellow bounty hunter. Invariably it's left for you to do such projects or not.
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tenebriscaelum
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July 07, 2019, 11:35:12 PM |
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KYC are not just being implemented by bounty managers but also the project managers depending on the ICO. As you can see different projects require different information and there are projects that would require you to put your personal information in their platform. This can be seen quite often inf airdrops or bounty campaigns that would send your rewards in the account that you made with their platform.
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Dingdongjl
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July 07, 2019, 11:37:27 PM |
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Bounty hunters can do nothing, it will depend on the team and the project some managers receive different payments some receive the token of the campaign and some paid on BTC/ETH.
If a campaign manager doesnt want to submit KYC because he wants to remain unknown he can easily dont accept the bounty, so in short bounty participants have nothing to do with this thing, if you dont want to submit KYC like others then dont join on campaigns that requires KYC.
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