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Author Topic: KYC requirements on BitcoinTalk Bounty Campaigns Become Worst!  (Read 621 times)
babysweetTiger0401
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April 21, 2019, 08:11:10 AM
 #81

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?

Comparing to the ico campaign that are not requiring KYC is much better and good to participate in,  rather than the campaign who are requiring KYC for the bounty participants. Sometimes because of KYC the distribution was being delayed and sometimes also its being unfair too for the bounty participants in some other way. However, there is an instances that if there are some campaign requiring KYC there is a big chances that their token has potential to increase its value in the future.
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April 21, 2019, 08:17:44 AM
 #82

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?
Some project bounties do apply different rules. But if the regulation has been too strict and has made no sense, we should protest. because I have also found a project bounty which, in the beginning, implemented normal KYC regulations, but along with the distribution that the manager campaign provided complex requirements. so it could be that the project wants to hinder distribution and that it is a bad strategy, we deserve to be sued and based on existing rules. We can give an argument and that is our right as a bounty participant.
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April 21, 2019, 08:31:46 AM
 #83

As you know kyc is almost compulsory requirement for ICO's and also for bounties so if your ID card not in English than you will not get approved you should make driving licence or ID card in English.

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April 21, 2019, 08:44:35 AM
 #84

Most projects allow National ID, Driving license and passport for the KYC, a few of 'em has Passport only option with the driving license in an alternative. KYC is not always bad, but it should not be for airdrops or bounties. I know some airdrops require KYC for the $1 worth token, that make sense what they gonna do with these data.
Perfect35
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April 21, 2019, 09:05:27 AM
 #85

There are platforms that conduct kyc and I feel safe getting it done with them. Some projects have registered with them.
These platforms do not store real pictures which can be stolen, rather, they store the ash of the submitted documents.
I prefer using them than submitting my documents to those I do not trust.
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April 21, 2019, 09:28:16 AM
 #86

AFAIK if the informations in the national ID is written in English, this should not be a problem. But if the information in identity is written only in own language, it is the government's wrong. There is a world language, no need to learn the language of each country.
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April 21, 2019, 09:53:44 AM
 #87

Most projects allow National ID, Driving license and passport for the KYC, a few of 'em has Passport only option with the driving license in an alternative. KYC is not always bad, but it should not be for airdrops or bounties. I know some airdrops require KYC for the $1 worth token, that make sense what they gonna do with these data.
And who the hell among us who's in right mind that will provide our personal data for only a single penny, I think it's not worth to risk your ID for that small rewards that you'll gonna get, it's not good to give your information in some project who don't have any potential not for airdrops because of the
higher chance that they'll gonna sell your personal data in the black market.

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April 21, 2019, 10:02:08 AM
 #88

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?

This is a good point because they want to verify that their bounty participants are not cheat or belong to countries that do not accept during the token sale process when participating in the bounty. However, if the bounty ends and they do not accept some participants from some countries, it is wrong
m0Ray
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April 21, 2019, 10:06:36 AM
 #89

If you agree to provide your documents to the developers then you can agree with the administration of the community and explain the whole situation. But the question remains - do you need it? You give your personal data and you may not get anything for it.
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April 21, 2019, 10:19:27 AM
 #90

For the good of kyc for ico investors to find out who are the buyers of coins in their ico because there are many scammers and bowels in the ico to find out who is not true but if the kyc bounty will be discussed for me this is not right for bounty hunters because they have privacy in themselves to hide their personality so for me or my openness is incorrect to have kyc in any bounty that is being released to be a bounty manager of the joining their bounty to protect the good members of the cheats using multiple accounts in bounty.

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April 21, 2019, 10:22:21 AM
 #91

I do not think it is very necessary to require from bounty hunters to undergo a KYC process every time and after each bounty programme. In my opinion, team members just do not want to give away so much tokens, thats why they are doing KYC at the end.
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April 21, 2019, 03:48:08 PM
 #92

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?

Could you tell us with specific details about what bounty campaign did you visit ?
From my experience with KYC-required bounty campaigns, my KYC always accepted.
If you cannot submit your documents for KYC, then i guess you will have to find other bounty.

sumangs
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April 21, 2019, 04:15:11 PM
 #93

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?

Also some are requiring billing address and I think it attacks my privacy and the anonymity becoming nonsense. Becoming ironic that the cryptocurrency supposed to be anonymous. So it is really rude at all even on the national IDs and another thing is that what if the ICO is a scam then our identities and location is known to bad people.

It is acceptable if it's an exchange that gives KYC for security purposes. But on bounty campaigns on where the payments are not yet confirmed? I think not this time and it really needs changes.
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April 21, 2019, 04:21:47 PM
 #94

very bad, the KYC that is applied to a bounty that does not give us a guarantee to get the appropriate payment, no matter how difficult it is as long as we can match what we get, the difficult one is not a problem at all.

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April 21, 2019, 04:25:54 PM
 #95

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?

They require passports because this is what's in demand in the black market, they want and buy these credentials that do a selfie with them holding their passports, it's better if you can ask them if you can watermark your selfie with the name of the project where you are doing KYC, if they don't want, then something is really wrong and you should be very careful.
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April 21, 2019, 04:49:03 PM
 #96

If that happens, of course, it is very disappointing. But that has become Team's policy and we can't do anything. If the project has good potential, we must follow the steps they recommend.
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April 21, 2019, 05:00:53 PM
 #97

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.
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April 21, 2019, 05:17:30 PM
 #98

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.
Not all campaigns, this issue of KYC just suddenly became a trend that virtually every project started requesting for including airdrops, we have both black and white sheep in the market and they both request this, hardly will you get any campaign now that does not request for.

Rather than giving ourselves headaches and drinking panadols on their problems. We just have to make sure we pick one or two projects to research on and only drop our KYC with any project that is certain to us that they will last long and stand the test of time, or better still, we abstain completely from campaigns.
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April 21, 2019, 05:28:58 PM
 #99

Passport is the most popular document so I think it's very normal when there is any bounty require passport for KYC instead of national ID. As I know it's very easy to make a fake national ID but it's almost impossible to make a fake passport, although there are few guys can do it but it'll take really long time and a lot of money. Beside, almost good bounty always require KYC to avoid scammers.
Passport is the most popular document i agree with you but i think majority of the people not owned because it’s only used to visit in abroad. NID is most using documents in the every countries. Also i facing this problem to complete KYC NID instead of passport or driving licence. Electricity bill is also using document.                   

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April 21, 2019, 06:03:46 PM
 #100

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?
Probably you have not done your research well, we still have lots of bounties out there that doesn’t require KYC and I think at this point that most projects are finding it difficult to reach their target, this KYC need to be dropped, they are using it to discourage a lot of investors and users more, as we have many investors that are so skeptical about releasing their information.

Investors are not the scam here, I understand vividly that they have a part too to play in cleansing the system, but it is unfortunate that the ones that really needs cleansing are now the ones trying to clean us. What an irony, I am sure very soon, majority of the ones requesting for it will drop the request.
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