KYC requirements on BitcoinTalk Bounty Campaigns Become Worst!

[senne]

If KYC is a pain for you then don't join the ICO or bounties which require the same. I understand the concern of people sharing their information to a completely new and sometimes anonymous/fake project. But there are tons of other bounties and ICO which doesn't have the requirement of kyc. You can probably join them. With all the regulations in various countries, it is important for the projects to hold KYC in order to run their project.

[1715198543]

1715198543

[1715198543]

1715198543

[1715198543]

1715198543

[1715198543]

1715198543

[Che454010]

Bounty hunters are just creating awareness about the project, so why they have to go through KYC (know your customer). This is too much and Is there any guarantee that your personal information would be safe and it wouldn't be handed over to the third party or traded for money. As these days, data is money and it can also be sold.

[HasHe]

I do also agree KYC is pain in the ass. Why is the need of your personal information when joining a bounty campaign? How about when you joined a bounty  and you're still under 18 with no KYC, so you're going to use your parents identity?

[thesmallgod]

As regard to kyc, I do not think there is any rule on BTT as regard to that. There are still plenty bounty that do not require kyc here on btt. Regarding to document. I do believe from experience that many of this bounty are looking for way to reduce number of token they will distribute to hunters at the end of the campaign. Some of them will initially keep muted during the bounty period but as soon as the campaign is over, they will start coming up flaming excuse. That is when you will discover they are not accepting your documents for kyc. It is save to do non kyc bounty than the one that require one.

[r32godzilla]

Lately i'm just inspect most of the active Bounties in the forum and i even try visit those KYC requiring Campaigns i was find out that some of the campaigns are not accepting national ID's and requiring too much in order to recieve tokens I think its rude and too much what do you think?

Most of them are offering useless tokens without any value, so it doesn´t make any sense to send them your identity to receive nothing. 

[artdor]

I met KYC in the project Atlant. After the bounty, they broke payments for many months and later introduced kis to pay the bounty reward. Later, besides KYC, they wanted to receive on 1 ETH as confirmation of the address. It seems to me that this is unthinkable. And outrageous.

[necromastery]

Maybe they made a decision adding KYC on the bounty because we see so many alt accounts that handled by one people.
That's really made the bounty rewards become less. And that's why the bounty manager made a KYC method to solve this problem.

Yes, that's the way it is. Sounds like a good goal, but there is also a downside. The only problem is after we completing the KYC process, we are only paid with worthless tokens, so we give our identity for free. Because of this, KYC requirements for us become worst.

[Uju4real]

Lately i'm just inspect most of the active Bounties in the forum and i even try visit those KYC requiring Campaigns i was find out that some of the campaigns are not accepting national ID's and requiring too much in order to recieve tokens I think its rude and too much what do you think?

KYC is just an excuse not to pay bounty hunters and the requirements now is alarming, you will be asked to give your Skype details and even pay some eth in order to recieve token😔

[beerlover]

I have never questioned the real KYC. Because what I saw first was how the project was. If the project is good, of course I will always be ready to do KYC. And also the project in my opinion is not good and not potentially of course I can't do it because I just waste my time doing KYC for projects that are not good.

I also align with your method too, now that most of them are now requesting for KYC and there is little to which we can do to handle this since we cannot impose our own decision on them, we just have to be extremely picky about projects.

We should only engage ourselves in projects that have very high potential and can guarantee an increase in our investment even if we leave for a long term. Any projects such as airdrop and co, I don’t bother trying to check it out immediately I see KYC as requirements. The only projects I see that we may not have control over are the ones that doesn’t request for KYC during participation, but after participation.

[Folajuwon56]

Its one of those reasons I don't like joining most campaigns with KYC. Its sometime irritating when you work so hard on a campaign and still facing difficulties I'm order to receive your reward.

[South Park]

Its one of those reasons I don't like joining most campaigns with KYC. Its sometime irritating when you work so hard on a campaign and still facing difficulties I'm order to receive your reward.

It is a shame that a market that was created with the idea of giving some level of privacy back to the people is rapidly morphing and becoming more like the fiat system we already have, and in several aspects it is becoming even worse, because when you share your personal data with a business you know at least there are some laws that do not allow them to use your information as they want but that is not true in this market and I am sure there are several projects out there that do not care at all about the money they could get what they are after is your personal information so they can sell it on the dark web.

[Cemploon]

You must be careful about projects that need KYC. Many projects like that but the project does not reach the Exchange market. And I see more ICO projects can succeed without using KYC. And I suggest that you be more careful in determining a good project.

[Vishnu.Reang]

Most campaigns that require KYC for bounty hunters usually won't do well, maybe the KYC will be collected and be sold off in the dark web. Just look for bounty that doesn't need KYC. I have the believe that cheating by hunters can be fought using technology, through different authentication.

Ideally we should ignore those campaigns which ask for KYC. But there is one major issue with regards to this. Some of the bounties never mention about KYC in the beginning and when the campaign is about to end, they will say that KYC is mandatory if you want to receive your tokens. This has become more like a norm now, rather than an exception.