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Author Topic: KYC for bounty hunters  (Read 998 times)
Skadi360 (OP)
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November 01, 2020, 09:34:05 AM
Merited by Wapinter (1)
 #1

I have seen so many bounty people make multiple accounts and cheat bounty campaign, is it not possible for forum or bounty managers to make kyc compulsory for bounty guys?
Those who have done kyc will get instant approval
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November 01, 2020, 09:52:16 AM
 #2

Isn't it better to have KYC verified forum account? We will be able to get rid of all the hassles we have gone through on detecting multi account. /s

However, what is your plan for those users who buys fake IDs and have accounts against those IDs?

Full discloser, there is a ""/s"" next to my first line :-P

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November 01, 2020, 10:25:36 AM
 #3

I have seen so many bounty people make multiple accounts and cheat bounty campaign, is it not possible for forum or bounty managers to make kyc compulsory for bounty guys?
Those who have done kyc will get instant approval

Multiple accounts are not foribidden provided they follow the rules and dont use any of that in cheating. This is a long time problem already and as far as I know its been the same since then. Dont worry some concern users are always reporting them in the reputation board.

I remember theymos introduced a prank kyc process and I almost send it as I thought its real but only an april fools joke.

However, what is your plan for those users who buys fake IDs and have accounts against those IDs?
Also this. I think its gonna be an added work if ever they decided to do the KYC thing and I think some users will left and probbably avoid this.

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November 01, 2020, 01:47:22 PM
 #4

Few projects are still asking for KYC to get paid when bounty is finally over but saying that I can't go through KYC doesn't mean I'm cheating, I'm more consigned about my identity card, it's not safe to send your international identity card information to people you don't know, this is why I don't join KYC bounties

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November 01, 2020, 01:50:44 PM
 #5

This is very simple, if KYC is a must every bounty managers should include that in their campaign ANN page, I'm sure many won't join the bounty project, majority of new bounty projects of this year came with NO KYC for their bounties, it's their call though, I guess they knew that it makes no sense to ask for people's data when they don't actually need that for their project.

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November 01, 2020, 01:54:23 PM
 #6

KYC for bounty isn't worthy IMO. You never know what they will do with your document ID

That's why many people aren't interested with bounty which need KYC first
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November 01, 2020, 02:32:22 PM
 #7

Don't you know that most of the bounties asks the participants to complete KYC at the time of token distribution,which are supposed to be happen at the time of joining itself as per your suggestion?

KYC is against the idea of cryptos so crypto community should never appreciate that.

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November 01, 2020, 05:43:20 PM
 #8

It's a grim world out there, and many prefer not to give their real identity.
If they enforced KYC on this forum, i believe over 90% of the accounts would be left inactive.
Some for actually wanting to keep private, but most because of multi accounts.

Fun fact, in almost every bounty, over 70% of participating accounts are duplicates. Let that sink in Cheesy
How do i know? Well, i've ran a bounty where KYC was introduced just prior to delivery. (shitty move, yes i agree)
So what happened.... well lets say 70% of the rewards were never claimed
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November 01, 2020, 06:56:00 PM
 #9

I have seen so many bounty people make multiple accounts and cheat bounty campaign, is it not possible for forum or bounty managers to make kyc compulsory for bounty guys?
Those who have done kyc will get instant approval


It's possible however I don't think someone want to participate in a campaign that need to give you identity. That's what most hunters doesn't want to happen.

Bounty that asking that ,will not get enough participants since member here is more afraid of what will happen to their identity than to receive a rewards from bounties.

It's possible but as hunters we don't want that.
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November 01, 2020, 08:53:58 PM
 #10

I have seen so many bounty people make multiple accounts and cheat bounty campaign, is it not possible for forum or bounty managers to make kyc compulsory for bounty guys?
Those who have done kyc will get instant approval


Good suggestion and I am all for it. This will prevent multiple and fake accounts from participating in bounty campaigns to some extent.

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November 01, 2020, 11:27:09 PM
 #11

I guess theymos making the KYC requirement an April's Fool joke basically say that the forum doesn't want any kind of KYC happening in the forum. The forum made the trust system unmoderated for all of the users become the responsible ones in their trade so I think the forum doesn't want to be concerned on matters particularly being affected by their own project. If you think your project is being abused by users then I think the best way to do is to have a responsible campaign manager who will flush out the abusers of the bounty campaign.
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November 02, 2020, 11:30:47 AM
Last edit: November 02, 2020, 11:43:49 AM by Akiko
 #12

I have seen so many bounty people make multiple accounts and cheat bounty campaign, is it not possible for forum or bounty managers to make kyc compulsory for bounty guys?
Those who have done kyc will get instant approval


Good suggestion and I am all for it. This will prevent multiple and fake accounts from participating in bounty campaigns to some extent.

You don't need to ask kyc if you only want is to reduce the cheaters. accept only participants ranked full member and up in that case only high ranked member can participate and it will reduce the cheaters at the same time your identity is still secured .

Campaign just don't like that because they need more participants.

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November 02, 2020, 11:35:11 AM
 #13

I remember theymos introduced a prank kyc process and I almost send it as I thought its real but only an april fools joke.
Gave me a good laught :-D

Quote
Also this. I think its gonna be an added work if ever they decided to do the KYC thing and I think some users will left and probbably avoid this.

Doing KYC in an anonymous place for bounty will not be looked good unless they do it in their own platform. And have this in mind that KYC is expensive too unless you are doing it in-house. Risk with in-house KYC is that you need to trust the team but in most cases they will keep whoever they like and things will not be transparent at all.


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November 02, 2020, 11:46:34 AM
 #14

I have seen so many bounty people make multiple accounts and cheat bounty campaign, is it not possible for forum or bounty managers to make kyc compulsory for bounty guys?
Those who have done kyc will get instant approval

I dont think kyc for hunters will help the campaign to lessen cheaters on the bounty because cheaters can use fake documents or ask thier freinds or family members to do the kyc on thier other accounts.

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November 02, 2020, 02:44:07 PM
 #15

Although your idea is good to avoid cheating I don't think it's good to apply since KYC is for customer and investors only and might cut down the number of participants in the airdrop. As you would know it's really hard to avoid this kind of cheating in bounty campaigns.

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November 02, 2020, 02:51:59 PM
 #16

I have seen so many bounty people make multiple accounts and cheat bounty campaign, is it not possible for forum or bounty managers to make kyc compulsory for bounty guys?
Those who have done kyc will get instant approval

We know that ClipX team stole kyc data from users and then they escaped. What is your opinion regarding this matter? Do you think that those who make kyc are not using fake data? I think if the bounty managers are more careful and cautious, cheating will be a lot less. Reading the following topic you will more clear about this.
https://bitcointalk.org/index.php?topic=5285319.0
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November 02, 2020, 03:06:18 PM
 #17

This is very simple, if KYC is a must every bounty managers should include that in their campaign ANN page, I'm sure many won't join the bounty project, majority of new bounty projects of this year came with NO KYC for their bounties, it's their call though, I guess they knew that it makes no sense to ask for people's data when they don't actually need that for their project.

ANN page? Maybe Bounty topic? Projects that run bounty dont even bother now to create ANN topics, to avoid inconvenient questions.

And which bounty manager you trust so much, so that you are ready to send him your documents? I see you are participating in a bounty? Would you be so kind to share your KYC to us?

KYC for bounties... What next? Access to the Internet only to those who shows passport to web camera?

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noorman0
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November 02, 2020, 03:12:58 PM
 #18

I have seen so many bounty people make multiple accounts and cheat bounty campaign, is it not possible for forum or bounty managers to make kyc compulsory for bounty guys?
Those who have done kyc will get instant approval

Understand first that this forum is primarily intended as a discussion area of the bitcoin community and there is no need to reveal any identity to speak out here because this is a free and anonymous forum. And one thing to remember that is clearly against your KYC requests is that a member can create as many accounts as s/he wants.

KYC matters are external rules that will not be considered a necessity for forum members themselves. So, KYC has to be handled by whoever requests it, because the forum may not change its purpose and it also doesn't affect the forum anything.

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November 02, 2020, 06:47:45 PM
 #19

Few projects are still asking for KYC to get paid when bounty is finally over but saying that I can't go through KYC doesn't mean I'm cheating, I'm more consigned about my identity card, it's not safe to send your international identity card information to people you don't know, this is why I don't join KYC bounties
Exactly my point!
Take a bounty like ClipX for example; they asked the hunters for KYC and later bailed on the project. What do this information portray to other aspiring youngsters on this platform?
And moreover, just like she she said
However, what is your plan for those users who buys fake IDs and have accounts against those IDs?

Full discloser, there is a ""/s"" next to my first line :-P

People may even buy fake Id's to get pass the KYC procedure.
So, introducing a KYC procedure on the platform may not be the best idea to solve this problem.

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November 02, 2020, 10:20:21 PM
 #20

I have seen so many bounty people make multiple accounts and cheat bounty campaign, is it not possible for forum or bounty managers to make kyc compulsory for bounty guys?
Those who have done kyc will get instant approval


KYC for what?  Bounty hunters are just advertisers and KYC is just good for those investors and has nothing to do when it comes to marketing.
For getting rid of those cheaters then its on managers job on how he would detect multiple accounts.Yeah this wont really be an easy job
but to know that this is included into the pay that they had received so its up to BM on making his own ways but implying on having KYC
to be the solution then its a typical bullshit mindset you have on here.

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