KYC requirements on BitcoinTalk Bounty Campaigns Become Worst!

[Fortify]

It's a bit of a tricky situation, because many of the bounty campaigns are set up in order to promote gambling or exchange services. It is the connected service that usually requires the KYC bit and it gets extended to any activity on the service. I am always skeptical of handing over identity documents, which can be used to commit fraud in your name, and you should only give them to the most reputable companies in the cryptocurrency space.

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[Pearls Before Swine]

maybe the KYC will be collected and be sold off in the dark web.

These days you almost have to assume this is going to be the case if you provide some questionable company with your personal information.  Even if it doesn't end up on the darknet, they would probably have no qualms about selling it to telemarketers, spammers and the like.

Op, you have to ask yourself if the reward for joining one of these bounties outweighs the risk of going through their kyc procedure.  Something tells me that most of them are not required to know their customers, and bounty hunters are not customers anyway.  They are pseudo employees working under the internet table. 

Don't give them your dox.  Nothing good can come from this.

[baeva2]

I really do not like the procedure to pass KYC in any projects, but especially those that did not require it at the beginning of the bounty company. Many of them then turn out to be scammers.

[OneCoinMan]

There are several questions. First, who and why conducts such procedures. To eliminate multi-accounts? Not. Those who have bots, has many sets of documents. Why else? To not give part of the reward? Pennies...

[Eildosa]

Yes, if the project team requires almost impossible and difficult conditions for passing KYC - it should alert you. Most likely they have some problems with the distribution of tokens and thus they want to weed out a large number of participants.

[klaaas]

A turn down if it is heading that way, Most probably it will be skipped by the ones who dont want to give out control of there info and they are right. Sooner or later it will leak/be shared.

[Chmel]

its not normal, I understand if KYC when u take a part on pre-sale or etc., but why on bounty, too much project scam, and i do not want take him my personal information

[medsi2]

In my opinion it's better to avoid bounty campaign / airdrop that require KYC procedure. You won't really know where your documents will be sent and it's too risky for just a couple of dollars..
Nowadays there are lot of campaigns in the crypto ecosystem, I'm pretty sure you can find lot of them without worrying on KYC and others strange things  

[batang_bitcoin]

They aren't accepting national IDs as part of their KYC?

What the heck, then what they are asking now? bank account details? credit card account details? Just stop complying to their KYC requirement, you'll never know how and where they'll use your IDs and other important details if you'll pass on their KYC.

[rocku12345]

Today some crypto companies want to get as more information about you as they can. They are doing it for making some social forecasts and inside analytics. KYC is not only a method to get a validation of your person but also to make their future promotions better. As for me I don`t see any bad things it this procedure but surely be patient and look for worthy organizers which will accept your passport.

[ataki]

The problem is that many bounties does not state at the beginning of the bounty that KYC is needed. They announce it when the bounty is finished and then if you do not want to reveal your identity you end up working for nothing. The rules should be clear from the beginning and everybody can decide to participate or not.

[kawetsriyanto]

So, what's the matter?
Nowadays, there are many more ICOs that obligate the bounty hunters to fulfill KYC requirements in order to claim the rewards and receive it.
KYC is not kind of strange thing although actually personally I feel a mind of this. Sometimes, if fulfilling the KYC process and we don't get the worthy rewards, it is so annoying. Moreover, there are also some scammers that utilize our KYC document for something wrong. They make us as the bounty hunters to feel worried about it, always. That is why we must be more careful in facing and completing the bounty with KYC requirements.

[aziziasa]

I think there are some countries that are not accepted by users of KYC procedures. I suggest that you don't easily give your identity data to people you don't know. It's better to still not participate in projects that do not use KYC because it will be safer.

[icalical]

The most simple solution for that problem is just do not join those kind of campaign if you are not comfortable submitting your personal document. Those projects that requires KYC do that mostly because they need to comply to their state's law because the project are regulated by official government. I believe those project also irritated by KYC requirement since it also time consuming and need more effort. But, when the KYC are comply with government regulation it will less likely to become a scam.

So there is always an option and bounty hunters always have a choice.

[dupee419]

Having KYC is somewhat proof for identity, don't just go on participating a bounty campaign then giving out personal information to the ICO, but if the information that is being needed is not confidential then you should go for it, and if you really want to avoid and stay anonymous on the forum then there are hundreds of bounty campaigns that does not require the need of KYC in order to join.

[sehoon]

The KYC process is bad when you have to send your ID and other documents for just $XXUSD, there is no sense of that when you're not investing money into the project.

Doesn't really mean it's bad. And there are actually bounties that require KYC before distribution so I don't get your point on the "no sense" thing. And not all. Bounties that require KYC are bad projects. INS required KYC before and it actually became profitable.

[andreibi]

Be thankful they are requiring KYC procedures upfront. There were bounty campaigns that suddenly require KYC submissions mid-stream into the campaign, sometimes even after the campaign has ended. Talk about double speak.

[qomariah95]

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.

[finzyoj]

What! National IDs weren't enough? What kind of requirements they really need, birth certificate? Lol. I haven't experience such thing before until now (since I'm not really into bounties) but in my perspective it is really unfair. It's just like you are the slave and they are your master, payments and benefits are not yet assured because of their mistreating attitude (KYC) towards you.

If I were you, stop it already. Your time will be wasted if you continue. Much better if you'll just find other ways of living.

[r_victory]

Having KYC is somewhat proof for identity, don't just go on participating a bounty campaign then giving out personal information to the ICO, but if the information that is being needed is not confidential then you should go for it, and if you really want to avoid and stay anonymous on the forum then there are hundreds of bounty campaigns that does not require the need of KYC in order to join.

Many campaigns don't require KYC to participate in the beginning, then at the last hour, at the time of paying, they invent the need to do, I have seen this happen many times. If it's already a rule in the beginning, you decide whether or not to participate.