Topic: Am done with KYC - page 18. (Read 22165 times)
As a bounty hunter, whenever I see a project that request KYC the next thing is to abandon the project because KYC gives me a lot of headache. I have done some in the past but the result was nothing to write home about when the coin eventually got listed on exchange.
I also experienced the same thing with some KYCs I have done so far. Most of them are typical waste of time because once they get listed on exchanges, they dump like shit and never recover.
You must see the progress of the project and its products. because it's only natural now that after being listed the price of many coins is wasted. but for projects that have good plans, they will grow back in one year. all depends on the planning and progress made by the developer.
I Am done with KYC? If you are experiencing some bounty campaigns that are needed a KYC or know your client I think is because they want to lessen the multiple accounts in the bounty campaigns, because many people are trying to abused the bounty campaigns if they saw that it is a good bounty campaign and have a good whitepapers. If you are done with your KYC it is a good thing because if you already have some ID's to do for KYC you can easily access and join different bounty campaigns and also you can easily access also some cryptocurrency games so that if you already have the access into it you may be able to earn more money by just playing crypto games. It may helps you to access and earn more than the usual earnings that you may get. Because in games you can double your money by just playing, worrying about the security and safeness of the games? It is save as Bitcoin has been recognized as a highly secure currency system and this makes our site a safe place to play.
My experience is that all projects that have requested kyc have not been dead projects, only the first thing I hate from kyc is the payment problem, usually the project I follow offers a small reward, secondly the required documents are quite difficult because some projects request passport and bill, for bill unfortunately I always use online payment so the invoice bill cannot be used for kyc
There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
I also experienced the same thing with some KYCs I have done so far. Most of them are typical waste of time because once they get listed on exchanges, they dump like shit and never recover.
I think you were just unlucky with that. Many projects that required me to KYC to get tokens paid me everything as expected. It is necessary to analyze the project very carefully and sometimes even after a long participation in the bounty campaign I refused to pass KYC, because the project looked suspicious and looked like a scam.
Firstly, I dont support the act of project owners asking bounty participants to apply for KYC since they are not investors doesn't seems right to me..Secondly, be carefully in choosing project is not enough for bounty hunters need to be smart enough to understand a seems not right.
There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
I am also confused of KYC. do not know the project they are asking to do kyc is fake or real because some projects do not require KYC and they seem real i have experience with it 
I think you were just unlucky with that. Many projects that required me to KYC to get tokens paid me everything as expected. It is necessary to analyze the project very carefully and sometimes even after a long participation in the bounty campaign I refused to pass KYC, because the project looked suspicious and looked like a scam.
yeah me too, i am done with KYC for bounty campain or Airdrop campain.
KYC project is same like other many scam of that, and where our KYC will used.
i just affraid my ID will used to bad or illegal crime.
KYC project is same like other many scam of that, and where our KYC will used.
i just affraid my ID will used to bad or illegal crime.
There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
This is a lesson learned for all who participate on the airdrops, there is no guaranty on the price of those coins coming from airdrop, don't believe that it will soon worth thousands of dollars, you should worry on who and where do you give your sensitive information, you will regret this later.
We can as well say KYC is another form of scam in Cryptocurrency. Most people tends to believe that any bounty that requires KYC is real which is a very big lie.
in every application of cyc better we are careful in giving our data,
the trust that we provide is not necessarily used correctly by the party requesting the cyc from us.
Kbow the company, if they have really a established company and. Certified by their country. Having KYC must be undergone well but needs to be careful when giving too make sure the project will succeed so it will not be a waste of time. the trust that we provide is not necessarily used correctly by the party requesting the cyc from us.
There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
The KYC checkout has become one way of cheating bounty hunters. It began to be conducted, as a rule, after the end of the ICO. And in some cases, six to eight months after the ICO, when bounty hunters already less often go to their telegram groups and set very short periods for conducting such an inspection. Therefore, many simply do not have time to go through it. A part does not pass due to many technical problems, because there is no established form for its passage and each ICO team constantly comes up with all its new passage conditions. The tokens of those bounty hunters who have not passed the KYC test remain at the disposal of the ICO team. Therefore, she is very interested in the fact that the largest possible number of bounty hunters does not pass. Therefore, if the ICO team checks KYC not at the beginning of the ICO, but at the end, this is already a sign that they are going to deceive the bounty hunters.
I can not real say, it is a true or lie. I have heard of things like that before; at the same time i have also seen some KYC projects that saw the light of the day. It depends on the management intention. KYC is not a criteria to know a scam project or gonna fail project too.
There are stillman bounties that never asked for kyc but never sent out payment which I have personal experience about. Stopping kyc is your choice and also you aren't mandated to do kyc or join projects that asks for kycs
Yes, if OP don't want do KYC verification then don't join bounty that needs KYC. The bounty manager usually tell the participants that this bounty need KYC on the first page of bounty thread. Bounty is not good anymore tbh, i only do KYC if the ico is reached the hardcap, so the boutny will be paid.
in every application of cyc better we are careful in giving our data,
the trust that we provide is not necessarily used correctly by the party requesting the cyc from us.
the trust that we provide is not necessarily used correctly by the party requesting the cyc from us.
Because of rampant scams in this industry its best to be careful about who you share your personal information with and only do so if its really worth your while because there's plenty of giveaways that can appear to be genuine or promise to offer great value but are just an illegitimate means of collecting private data for other uses so always verify who you're providing your details to before submitting them
There are stillman bounties that never asked for kyc but never sent out payment which I have personal experience about. Stopping kyc is your choice and also you aren't mandated to do kyc or join projects that asks for kycs
Making a generalised statement from ypur experience isn't very good or doesn't make what you are saying right. However, we still need to be very careful wbich project we participate and provide or personal information, all in the name of kyc. I have personally seen several bounties which requested kyc fail but several others have been successful.
I think it is not a good idea to give KYC to every bounty or even in every transactions that we have. First innour security,if we give our full details and we are have and holding a big amount of crypto I think our life or our coin is in danger. So nothing will give their true information and the result is KYC is just a waste of time and a big hustle here in crypto world.
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