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Author Topic: KYC Requirement for Bounty Managers before they require KYC to bounty hunters.  (Read 10184 times)
plast555
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October 01, 2019, 03:32:45 PM
 #341

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

Absolutely I agree. It's not the Bounty Manager, it's the team. After all, the bounty manager is just doing his job. And I've never heard a bounty manager collect all the funds and run away. If the team is trustworthy and has AML registration, I think there is no need for KYC for the bounty manager.
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karanggatak
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October 01, 2019, 03:54:41 PM
 #342

i think, kyc is special for people that have account. so manager and developer can control them. its not fair if some people join many account in one campaign. but its not in vain if manager fill kyc, so we are equally between manager and bounty hunter.
all of it, back to them they want to fill kyc or find other thing to keep their anonymous on crypto

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Vinalians
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October 01, 2019, 04:00:14 PM
 #343

I think this is good for the users of bitcointalk because they will not worry about the identity of the campaign manager if problems comes in the way. But, we must remember that KYC is required by the owner of that specific campaign. Sometimes it is for the users to avoid money laundering but in many case owners of the specific campaign uses KYC to run away some of the money for those who didn't provide KYC identity. They should announce it more earlier right. So for me KYC should also be on the owner and the campaign manager of the campaign.
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October 01, 2019, 04:07:30 PM
 #344

If the bounty hunter required to have kyc then it is also a must than the bounty manager will do that.
Well i think those investors needds to do KYC on that also.
But is it important? how do we know if the BM done the KYC?
joshy23
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October 01, 2019, 04:11:26 PM
 #345

If the bounty hunter required to have kyc then it is also a must than the bounty manager will do that.
Well i think those investors needds to do KYC on that also.
But is it important? how do we know if the BM done the KYC?
All should have KYC including the team behind who's asking for such requirements, complying with this gives more confidence that the project will not be ruined. If the team requires such information it's fair enough to also process their own first. It can be handled by third party service where all those who process KYC will see who's done doing it so it will be fair to everyone to participate.
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October 01, 2019, 05:06:28 PM
 #346

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 still a trend. Maybe a lot of people are afraid to fill the KYC form. Because we also do not get a definite security guarantee. Yes, it may be a good choice so that the Bounty manager also performs KYC. But I guess this will be tough because all the Bounty manager rules are controlling it.

But now, of course, we are given the information at the beginning of the campaign, that this project will use KYC or not. So we can decide to join or not. All decisions are in your hands.

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October 01, 2019, 10:09:08 PM
 #347

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 isn't mandatory by bounty manager, all requirements of KYC is run by devs. If KYC is mandatory for bounty manager, they can do it. In 2018 some bounty manager is now hunting campaign. I have no problem with KYC, I trust where I participate in.

fosco333
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October 02, 2019, 02:04:50 AM
 #348

If we have objection on KYC bounty campaign, then we can feel free to not join the campaign.
Even the manager has been KYC verified, we cannot sure the project will really pay the hunters or not after the campaign end.

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October 02, 2019, 05:56:47 AM
 #349

if the manager is also required by Kyc, it will be very fair. because they give their real identity just like participants. so if managers or bounty teams do scams, they can be easily tracked and found.
But if your submitted KYC projects anyhow scam or softcap not reached how would feel than? KYC for bounty hunters it’s not fair. It’s only perfect for investors because many countries are restricted in cryptocurrency investment. KYC is something positive point because bounty hunters can't cheat using multiple accounts. I always worried about my identity documents which i submitted in many projects.               

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October 02, 2019, 08:20:19 AM
 #350

KYC for prize hunters is very good, because it can minimize cheating like multi-accounts. but depending on how the project you want to participate in, if the project is valid, the team and the developer are transparent does not matter if the participant has to do the KYC, it shows the project is responsible.
simple, if you don't like KYC, you can move on to projects that don't require KYC.

KYC for Investors and Developers.
very important, that way we will find out that they really are a real team, and a good project will not employ a bad employee reputation.

KYC for Bounty Manager.
I don't think this is very important, the problem is that Bounty Manager has different parts from investors and developers. but it doesn't matter if the Bounty manager is required to do KYC much better in my opinion.
HatakeKakashi
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October 02, 2019, 08:27:13 AM
 #351

If the bounty manager is not trusted I think the Idea to also for them to have KYC is good but if the campaign manager are trusted and have good reputation it is not really need for them. The Idea of this because of a lot of bounty scam and maybe for the bounty manager who are new and are no reputable to pass their KYC so the bounty participants will be sure that campaign is legit and payable.

 
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October 04, 2019, 07:08:13 PM
 #352

KYC is a mehod to eliminate scammers and multiple accounds to I support these verification system. Bounties' have %50 multi accounds and other %40 is doing shitty work and trying to claim tokens. %10 is creating great content and contributing very well but because of the stake system, these people do not get what they deserve. So I think KYC should exist, however, bounty managers should tell about this before the bounty starts.

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