KYC for bounty hunters

[Reatim]

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

And Then what? the Managers will Sell the Bounty Hunters details in 3rd party user? so they will be compensated double ?

Never forget that this is CryptoCurrency market and forum in which everyone of us stands to protect our Personal Details , and according to your request only The Manager and the Team/Company will benefits more , not only as the Bounty projects are scamming hunters without payment now they will Gain more because of the KYC?

NO WAY !!!!

As good as KYC sounds not all new projects will want to use KYC because they either see no need to it or their project is a decentralized project, only centralized projects can find it more easier to implement KYC verifications

They don't have to Use it in terms of their Project means but for the other usage .

[freedomgo]

As good as KYC sounds not all new projects will want to use KYC because they either see no need to it or their project is a decentralized project, only centralized projects can find it more easier to implement KYC verifications

True, but there are lots of centralized projects already and sometimes we are more attractive to the reward and we failed to read the word KYC or sometimes a project that does not require a KYC in the beginning will suddenly add it as a requirement in the end.

Bounty hunters in general are just promoting the project, they don't invest on it, but the problem is what the bounty hunters will receive is the same token or coin investors will receive when they purpose.

It's important that we are aware and the project is transparent from the beginning.

[Fatunad]

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?

I don't think making KYC compulsory will solve the problem.  There are hundreds of bounty campaigns that cheat with bounty hunters. Do you have a solution?  And most of the people who are submitting KYC in different campaigns are submitting fake KYC documents. So can kyc solve this problem?

Its not really that relevant at all because bounty participants are just advertisers and theres no need for them to have some sort of KYC just for getting rid of cheaters.

No matter how hard they do try to filter things up there would always be those people to abuse off things.KYC wont be a solution because even on imposing strict compliance

they can just simply use up others identity just in case if they would really need to do so.This had been part of the problem when it comes to bounties.

Abuses of multi-accounting seems off normal into this manner.

[Wulan_maniez]

Indeed KYC  can not  solve the problem of cheating committed  by  a  bounty hunter. Because  they  could  fake  KYC.
But as long as the participant doesn’t cheat in the  same campaign  as  the multiple  accounts he owns, it’s legitimate
until now. Now it depends on the team and the project owner, whether  they will  implement  KYC  to  avoid  cheating
from the participants or not. But most participants will avoid projects that enforce KYC, because most current projects
only give small rewards, so if they impose KYC, it is not worth the reward they give.

[MuffinMaster]

I have noticed some diplomatic rules in the bounty project and we have to agree all the rules and guidelines. It's not mandatory to pass KYC for the bounty hunters but the teams have the right to ask KYC for suspicious cases. This is somewhat trap, and this weird things should be removed.

I don't like this rule too, but many projects in the world of cryptocurrencies (casinos, bookmakers, exchanges..) work in a similar way. Someone may be anonymous, but if their activity raises suspicions of scam, they may be asked for verification. When a project cannot make KYC verification, it gives scammers too many options.

[fortebettor]

Indeed KYC  can not  solve the problem of cheating committed  by  a  bounty hunter. Because  they  could  fake  KYC.
But as long as the participant doesn’t cheat in the  same campaign  as  the multiple  accounts he owns, it’s legitimate
until now. Now it depends on the team and the project owner, whether  they will  implement  KYC  to  avoid  cheating
from the participants or not. But most participants will avoid projects that enforce KYC, because most current projects
only give small rewards, so if they impose KYC, it is not worth the reward they give.

If it's KYC, know that it's already a scam

"You're working for free and i am supposed to fucking grace you?"

[MuffinMaster]

Indeed KYC  can not  solve the problem of cheating committed  by  a  bounty hunter. Because  they  could  fake  KYC.
But as long as the participant doesn’t cheat in the  same campaign  as  the multiple  accounts he owns, it’s legitimate
until now. Now it depends on the team and the project owner, whether  they will  implement  KYC  to  avoid  cheating
from the participants or not. But most participants will avoid projects that enforce KYC, because most current projects
only give small rewards, so if they impose KYC, it is not worth the reward they give.

If it's KYC, know that it's already a scam

"You're working for free and i am supposed to fucking grace you?"

It looks like you have a very bad experience as well as little knowledge of regulations in some countries.
Some projects, due to the fact that they are subject to legal regulations (because of the place of registration) and want to be as legitimate as possible, must require KYC verification.

[Gunday_07]

The funny part is some projects called themselves decentralized and they still introduce KYC verifications, after promoting the projects and the campaign ends what do you think they will use the KYC details for ? Throw them away? I don't believe that, giving up your Identity for some dollars is wrong and not safe, this is why I don't like KYC

[JHORN]

Kudos to bounty manager @julerz12, this BM is very good at getting cheaters and banning them straight away, he is a strict bounty manager and that's all a bounty project needs not KYC verifications, I don't joke with my national identity information, this days online crime keeps growing and you can be a victim of anything if you give your identity information away easily

[BITCOIN4X]

Obviously, the project team does have the right to ask for KYC if there are things that are suspicious of someone, but in general the bounty participants also don't have to do KYC because their job is to carry out promotions in accordance with written rules and they also don't spend money on that matter.

Personally I don't like sending my personal ID to altcoin project that only pay me a few dollar (KYC). There is no guarantee that our identity will not be misused by the team or other individual in the future, especially if we do not have control over them.

In my opinion, if the team really needed KYC for the purpose of knowing their customer, the manager should be able to inform participants about the KYC requirement on the campaign thread from the start. If participant object to KYC, they will ignore the project from the start. However, in some case, KYC become a requirement before token distribution start. This will expose participant to doubt and difficult choice and I think this is very unfair to them. Identity security isn't worth a few dollar. Remember that KYC always has the potential to be misused by irresponsible individual.

[MuffinMaster]

Obviously, the project team does have the right to ask for KYC if there are things that are suspicious of someone, but in general the bounty participants also don't have to do KYC because their job is to carry out promotions in accordance with written rules and they also don't spend money on that matter.

You seem to be contradicting yourself in this statement. If verification is required, this should be announced in advance. The solution may be to inform in advance that KYC will only be required in suspicious situations. The bounty hunter then joins the campaign knowing that he may be asked to do so. To require this after bounty hunters have done the job is a breach of contract and a fraud in my opinion.

[Smartprofit]

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

In my opinion, the KYC procedure is contrary to the basic principles of the crypto industry.  Confidentiality and anonymity are very important. 

Cryptocurrency projects, as a rule, cannot guarantee the security of your personal data.  This is a big problem.  If your personal data falls into the hands of criminals, it threatens you with serious trouble. 

Your data can be used to conclude transactions for obtaining loans and credits.  As a result, you will become debtors and property claims will be brought against you. 

Also, this personal data can be used in illegal activities.  As a result, you may even be put on the international wanted list by Interpol.

[Lanatsa]

It's seems good idea. But the process is very bulky one, it's only reason for the Bounty Manager to skip it. And if the project client said this one, the bounty manager will do it for sure.Mostly the client will not recommended the kyc is compulsory.The project will look into many marketing platform like twitter, facebook campaign to get the people from various country.By your words, it may reduce the double entry of same people into bounty.

KYC wont really be solving that out and yes this one will really be bulky and also, it isn't really that right to ask out those documentation since these are just part of marketing stuff.

They aren't investors in the first place to ask out for some KYC.If they do like to get rid of possible abuse then there are lots of verifications that can really be done to ensure that
no one would really able to cheat. ex. website registration (checking multiple similar ip's) .. Phone number verification or some sort.

Im really against with that KYC thing for hunters.

[MuffinMaster]

It's seems good idea. But the process is very bulky one, it's only reason for the Bounty Manager to skip it. And if the project client said this one, the bounty manager will do it for sure.Mostly the client will not recommended the kyc is compulsory.The project will look into many marketing platform like twitter, facebook campaign to get the people from various country.By your words, it may reduce the double entry of same people into bounty.

KYC wont really be solving that out and yes this one will really be bulky and also, it isn't really that right to ask out those documentation since these are just part of marketing stuff.

They aren't investors in the first place to ask out for some KYC.If they do like to get rid of possible abuse then there are lots of verifications that can really be done to ensure that
no one would really able to cheat. ex. website registration (checking multiple similar ip's) .. Phone number verification or some sort.

Im really against with that KYC thing for hunters.

I agree with everything you wrote and I also don't like the KYC verification requirement (I guess nobody likes it). However, it often happens that projects are forced to do so due to legal regulations in the place where they are registered. We all know that governments do not like cryptocurrencies, which is why such projects want to do everything so that no one can accuse them of shady activity. For this reason, we cannot always blame them if they require KYC verification.

[carlisle1]

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 totally agreed on this but of course the Manager must assure that He will be the only one to know the details of each account and not to be sold in other third party groups.

Because nowadays cheaters and hackers are moving around the forum so KYC might slower or lessen their victims with this king of rules.

But i will only Join if the manager is reputable and person of His word.

[bakasabo]

I agree with everything you wrote and I also don't like the KYC verification requirement (I guess nobody likes it). However, it often happens that projects are forced to do so due to legal regulations in the place where they are registered. We all know that governments do not like cryptocurrencies, which is why such projects want to do everything so that no one can accuse them of shady activity. For this reason, we cannot always blame them if they require KYC verification.

For that kind of scenario, I was given an advice recently. A guy in Russian local board is also against KYC, but if you are really indent to pass KYC, he advised me to add a watermark on a document with projects name. Or sign with the hand that this is a copy for <project name>.
This wont interfere to identify your person, and will prevent your documents to be resold or used by a third person.

[MuffinMaster]

I agree with everything you wrote and I also don't like the KYC verification requirement (I guess nobody likes it). However, it often happens that projects are forced to do so due to legal regulations in the place where they are registered. We all know that governments do not like cryptocurrencies, which is why such projects want to do everything so that no one can accuse them of shady activity. For this reason, we cannot always blame them if they require KYC verification.

For that kind of scenario, I was given an advice recently. A guy in Russian local board is also against KYC, but if you are really indent to pass KYC, he advised me to add a watermark on a document with projects name. Or sign with the hand that this is a copy for <project name>.
This wont interfere to identify your person, and will prevent your documents to be resold or used by a third person.

A very good idea to avoid using our document.
However, there is still the question of the use of our personal data.
Unfortunately, such situations will always happen. I think that everyone should answer individually whether he want to use the service or join the project if KYC verification is required, or he don't want do that.

[MuffinMaster]

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

What is the guarantee that my personal information when I send it to them that it will be safe? I think it is not a good idea to apply kyc to the bounty campaigns because these documents are important so if they are sent to scammers they will sell it and commit crimes with it. In my opinion, the solution is to send personal documents to the campaign manager, but he must be a trustworthy and honest person.

I used to think that was a pretty cool solution. However, there are so many managers on Bitcointalk that it would be very easy for scammers to hide among them as well. I think that something like escrow of documents could be an interesting solution, and in this one place managers could confirm the credibility of the user.

[Rowenta]

I will keep ignoring any bounty project that ask for KYC verifications for one main reason and that's the security of my identity, once the bounty campaign is over are they going to throw all the identification cards information away ? How sure that they won't be use for other things?

[Matimtim]

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

Since we're working to earn crypto currency, thus we don't need to reveal our personal identification to someone in this forum in order to be accepted if we're applying in some specific bounty campaign, yes that things might help the manager to notice which one is enrolling with Alt account but it might the beggining of big problem because of taking our personal identification is might be use by scammer to scam others and in that way we're putting our self in danger.