Topic: Am done with KYC - page 21. (Read 22155 times)
Almost that far unless they took the decision for kyc on the project, But it is announced when the bounty ends. So kyc for bounty hunter I do not agree. But if kyc is needed for bounty hunter individually then it should be announced at the beginning of the bounty.
So what does this mean?that those who asked for KYC is scammers and only gathering details of participants to use for their personal interest
Maybe they will use for social.media groups or for email details to gathers.money from dev who are looking for real person subscribers
Maybe they will use for social.media groups or for email details to gathers.money from dev who are looking for real person subscribers
What you said is always a possibility, but we can't generalize them all. At least some of the ICOs ask for genuine KYC information, as it is mandatory in those countries where they are based (South Korea is an example). But it is irritating when some campaigns never mention about the KYC in the start and then make that mandatory to receive the rewards.
This happens a lot and it is infuriating. Totally scam behaviour. Changing the rules during or after bounty means the project wanted free publicity all along, as they know not even 10% will go through the procedure. If this happens it is a major red flag and even people that are used to go through the procedure of KYC for bounties, shouldn't sent anything and better consider they lost the time/effort invested.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
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
You will change your opinion again when you will be pushed into KYC or not receiving tokens. You will never choose the second option when you will see that other people are positive about the project, people are always manipulated by mass behavior. 
So what does this mean?that those who asked for KYC is scammers and only gathering details of participants to use for their personal interest
Maybe they will use for social.media groups or for email details to gathers.money from dev who are looking for real person subscribers
Maybe they will use for social.media groups or for email details to gathers.money from dev who are looking for real person subscribers
What you said is always a possibility, but we can't generalize them all. At least some of the ICOs ask for genuine KYC information, as it is mandatory in those countries where they are based (South Korea is an example). But it is irritating when some campaigns never mention about the KYC in the start and then make that mandatory to receive the rewards.
Now many projects unexpectedly decide that their members are required to go through KYS. Why does a Bounty project want to have Bounty member documents? He is not an investor, but a person who helps promote a project. . And the funny thing is, payments from Bounty projects are very small today? Why provide personal information for these pennies?
It all just depends on whether it's okay for a bounty hunter to provide their information. I think if you'd ask any logical person about it, it's really not worth the risk in your security for a couple of tokens that would most likely have neglectable value, if it would have any value at all. It's like freely compromising your private information for spoils and crumbs.
I avoid any project asking for ID's passports,photos and other documents. The only reason they do KYC is to sell the information. Nothing else.
Maybe it's time to make a list of projects where our popsports were collected and they made it. And prohibit the collection of data on the forum. That would be a solution for many.
Yes, I think so. Just cheaters steal our data. I am sure they are already sold somewhere online. Run away from such projects. I didn't get too much from this either. Now here I worry about my data.
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
Sincerely you have highlighted all my ordeals as regards KYC. I am damn tired of bounties with KYC because most of the ones I have done in the past does not even bear any fruit at all. All the KYCs are just waste efforts.
Now many projects unexpectedly decide that their members are required to go through KYS. Why does a Bounty project want to have Bounty member documents? He is not an investor, but a person who helps promote a project. . And the funny thing is, payments from Bounty projects are very small today? Why provide personal information for these pennies?
KYC has nothing to do with the success or failure of a project. If a project is asking for KYC doesn't make it any more reliable then the others. I have been participating in a lot of bounties and the one that ask for less work usually are more rewarding then the others.
So what does this mean?that those who asked for KYC is scammers and only gathering details of participants to use for their personal interest
Maybe they will use for social.media groups or for email details to gathers.money from dev who are looking for real person subscribers
Maybe they will use for social.media groups or for email details to gathers.money from dev who are looking for real person subscribers
This is a very bad experience in my opinion. Not all projects that use KYC are able to penetrate the Exchange market. I personally am well aware that KYC is not a determining factor for success in gift projects. And projects that do not use KYC are able to penetrate the Exchange market.
In general, I think that for hunters to pass KYC is nonsense. Not a single project in my history that KYC requested from hunters on the market has shown itself well.
but in actual fact almost all projects require KYC documents to be submitted to each bounty participant involved in the project. then is this talking about when they really gave the promised token after we graduated in KYC verification? 
I really cannot understand why projects are requiring KYC information. It maybe the rules of projects. In some cases, some projects pretend to be real and good by requiring KYC information from clients as they think KYC requirement is a blueprint for a good project. I also do not think KYC requirement is a blueprint to brand a project a good and genuine one.
Some of them are forced to depending on what country they are based in. Governments are cracking down heavy on crypto. They have a choice to comply with laws or face serious jail time.
I barely feel safe trusting my information to a big exchange let alone a small startup project.
For KYC, it should be avoided unless you can determine the project is a potential project if there is no potential or better clarity, select the project that holds a bounty campaign but does not require KYC
It is quite not that easy to just choose and select which project will you going to participate into. Well in fact, project that doesn't have a KYC are more risky to consider, they just let their participant join without restrictions. In that case we can say, those project that conducts their KYC has allot to deal with their integrity.
There are some of the KYC system that are just a fraud and its aim is just to scam others. So we must be careful of what actions we are taking.
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 think there will always be positive and negative impacts from KYC.
however, the current situation is that there are many people who complain because most of theico projects don't make a profit and even become scams.
I think this requires community cooperation and regulation that can mediate this problem.
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
It can bring you future problems if you give your information to not worthy and seems fishy project. I suggest that you just send your KYC to those project that is good and don't send KYC if the project is scam.
I really cannot understand why projects are requiring KYC information. It maybe the rules of projects. In some cases, some projects pretend to be real and good by requiring KYC information from clients as they think KYC requirement is a blueprint for a good project. I also do not think KYC requirement is a blueprint to brand a project a good and genuine one.
Jump to: