Am done with KYC - page 24. | Bitcointalksearch.org

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: shadowdio on April 30, 2019, 07:30:49 AM

Passing KYC doesn't mean that the bounty is legit or the ICO. I never join the bounty that needs KYC, it is really risky to pass our personal information to them so next time don't join bounty that requires KYC.

If people are not comfortable to whom they are sharing then it is better to avoid such bounty because its your identity and no one know how those can be misused as they are not authenticated or given any license where you can trust them.

graffix

member

Activity: 195

Merit: 10

Actually, I never join with bounty projects which ask for the KYC. those projects come from all around the world. but how we can trust the safety of our personal details. They can say anything. but no one can guarantee the safety of data. So, I never send my personal details to the KYC. Actually, I did it a long time ago. But after the I realized the risks, I avoid them.

96InnIvanova

newbie

Activity: 42

Merit: 0

Hey guys, I suggest you take part in a cool bounty from the Gexan project!
NO KYC! Payments monthly! The GEX coin is being traded on the exchange!
Bounty started yesterday and will run until June 30th.
May 10, 2019 Gexan project will hold IEO on the exchange, which is included in the top 25 Coinmarketcap. Thus, by the end of the award, the GEX coin will be sold on exchanges.
This is a very cool offer!
Sign up for a reward in the bounty thread: https://bitcointalksearch.org/topic/bounty-gexan-blockchain-lottery-60-000-monthly-distribution-ieo-5136521
link to ANN thread: https://bitcointalksearch.org/topic/annaieo-gexan-blockchain-lottery-powposmnasmart-contracts-5136520
Web-wallet Gexan: http://lottery.gexan.io/
Web site: http://gexan.io/

ahmia39

sr. member

Activity: 1400

Merit: 251

Trident Protocol | Simple «buy-hold-earn» system!

Quote from: funnec on April 30, 2019, 07:48:01 AM

The issue of KYC is something that we need to be very careful about because you might just be selling yourself unknowingly by giving out your identity.

Yes, because KYC is very dangerous data if we are misplaced to give it,
except for the exchange that we have actually used every day for both trading and other purposes.

arnoldrimmer

member

Activity: 358

Merit: 10

Quote from: Dacosta Osei-Tutu on March 24, 2019, 12:50:35 AM

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 are right in that, the projects I did that actually paid me very well I never submitted KYC for them and they are always very prompt in their payment but those ones that will ask for KYC will keep dragging it till the token turns shit in exchange and then they distribute

Coltpython

member

Activity: 700

Merit: 11

Kyc gives the opportunity to own people data and to have them subject to checks in case of money laundering and misappropriation of funds. If you can't give out sensitive kyc information then you need to avoid campaigns who request it

mace15

hero member

Activity: 1428

Merit: 506

Quote from: vin1103 on April 30, 2019, 07:54:45 AM

well, if that bounty you not sure why you join, and i think KYC is the rules for some bounty campaign like translator, signature, media, and article i think fill the KYC is still worth it, but not for airdrop

Providing Kyc to a bounty campaign is must to be careful about since there are many project collecting documents but some ends up no value and no exchange. This is we have to be check before joining since our personal data exposed when submitting kyc.

vin1103

full member

Activity: 588

Merit: 101

well, if that bounty you not sure why you join, and i think KYC is the rules for some bounty campaign like translator, signature, media, and article i think fill the KYC is still worth it, but not for airdrop

funnec

jr. member

Activity: 149

Merit: 2

The issue of KYC is something that we need to be very careful about because you might just be selling yourself unknowingly by giving out your identity.

pant-79

hero member

Activity: 994

Merit: 502

Quote from: Dacosta Osei-Tutu on March 24, 2019, 12:50:35 AM

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 it is not necessary to draw hasty conclusions. Yes, indeed, some projects are unfair, but not all. Especially if the project initially warns that it will be necessary to pass a KYC plus you understand that the project is perspective, then I consider participation in it quite acceptable.
It is another matter when projects put forward such a condition only after the bounty campaign has been completed or comes to an end. Then it is bad sign.

shadowdio

sr. member

Activity: 1876

Merit: 289

Zawardo

Passing KYC doesn't mean that the bounty is legit or the ICO. I never join the bounty that needs KYC, it is really risky to pass our personal information to them so next time don't join bounty that requires KYC.

Seeker#9

full member

Activity: 658

Merit: 102

KYC is required by law in some countries so those companies that are based in this countries need to follow the regulations that imposed by their government. ICOs that came from this companies will naturally follow the requirements by their government in order to be approved. If a bounty campaign requires a kyc, it is better to make a research on the company that launching the ICO before joining it and find if the coin they offering has a potential to grow inthe future.

Bitbtc8

full member

Activity: 1148

Merit: 116

It doesn't make sense how many KYC implemented projects are fooling participants, I've stop joining any bounties that wants KYC because I haven't seen any that paid me,when KYC was first introduced I used to join projects thinking that KYC implemented is another source of guaranteed projects and I was totally wrong

ParabellumLite

sr. member

Activity: 560

Merit: 250

Quote from: dang thi bich thuy on April 29, 2019, 11:14:16 PM

Quote from: Dacosta Osei-Tutu on March 24, 2019, 12:50:35 AM

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

First I agree with your opinion, KYC exists a lot of issues for us to mention. I think when we confirm KYC will have a very high risk. So before projects that require KYC supply, you should consider it carefully because it can be a double-edged sword to attack you at any time.

I see the bounties asking KYC participants to be good projects. They are serious about their bounty, and the number of tokens for bounty is not too much, from that we can see it's feasible to participate with KYC

Sanitough

hero member

Activity: 2856

Merit: 674

Quote from: drumamat on April 30, 2019, 12:02:41 AM

I on the contrary can provide and tell about many projects which demanded KYC and paid to participants of bounty the tokens.I, of course, are against the participants of the bounty going through the KYC procedure,but if initially you need to go through KYC in the rules of the bounty, then why complain?

We all want it simple, we just do the task and receive the reward, that's it.
But as the crypto space is evolving, some rules are change so we need to adopt if we want to continue to be a bounty hunter.

Quote from: drumamat on April 30, 2019, 12:02:41 AM

Just do not participate, that's all.

Some bounties are scam, at first they don't tell about KYC so they can attract more participants, but after the ICO they will start to require KYC,

killat

member

Activity: 742

Merit: 21

Be the reason someone smiles today

Quote from: Dacosta Osei-Tutu on March 24, 2019, 12:50:35 AM

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

No offense, but you picked up by your own the projects you considered good options to invest at least your time.

I participated into a lot of bounties, many have required KYC, but some of them paid really well. You should just be more careful when choosing the projects. It has nothing to do with KYC.

drumamat

sr. member

Activity: 1193

Merit: 251

Quote from: Snaic on April 29, 2019, 11:50:28 PM

Quote from: Sithara007 on April 19, 2019, 10:02:01 AM

I have heard about instances in which the bounty manager asked the users to undergo KYC after the campaign ended. While the campaign was ongoing, there was no indication that KYC would be required. But after the coins were listed, the manager informed the participants that if they want the bounty, then they have to undergo the KYC process. In the end, 99% of the participants didn't got their reward.

Yes, KYC checks are in many cases used by unscrupulous ICO teams as a form of fraud in order not to pay to the bounty hunters the tokens they earn. And in this case, they justify non-payment as our guilt - non-compliance with the established deadlines, incorrectly inserted information and, in general, any clues that can be thought up with such a desire.
KYC verification is generally illegal for bounty hunters, since we are not investors.

I on the contrary can provide and tell about many projects which demanded KYC and paid to participants of bounty the tokens.I, of course, are against the participants of the bounty going through the KYC procedure,but if initially you need to go through KYC in the rules of the bounty, then why complain? Just do not participate, that's all.

Snaic

full member

Activity: 658

Merit: 102

Quote from: Sithara007 on April 19, 2019, 10:02:01 AM

I have heard about instances in which the bounty manager asked the users to undergo KYC after the campaign ended. While the campaign was ongoing, there was no indication that KYC would be required. But after the coins were listed, the manager informed the participants that if they want the bounty, then they have to undergo the KYC process. In the end, 99% of the participants didn't got their reward.

Yes, KYC checks are in many cases used by unscrupulous ICO teams as a form of fraud in order not to pay to the bounty hunters the tokens they earn. And in this case, they justify non-payment as our guilt - non-compliance with the established deadlines, incorrectly inserted information and, in general, any clues that can be thought up with such a desire.
KYC verification is generally illegal for bounty hunters, since we are not investors.

dang thi bich thuy

full member

Activity: 381

Merit: 100

Quote from: Dacosta Osei-Tutu on March 24, 2019, 12:50:35 AM

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

First I agree with your opinion, KYC exists a lot of issues for us to mention. I think when we confirm KYC will have a very high risk. So before projects that require KYC supply, you should consider it carefully because it can be a double-edged sword to attack you at any time.

LiquorBan

member

Activity: 476

Merit: 10

I think mostly of the projects now requires a KYC procedure,In bounty, airdrops and even the investors needed KYC to participate. And it is still a normal to make a project peaceful, but we have no idea in the future, what are the consequences of submitting a KYC.

Topic: Am done with KYC - page 24. (Read 22155 times)