Am done with KYC - page 25. | Bitcointalksearch.org

coinsycrip09

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Quote from: tabas on April 19, 2019, 03:28:30 AM

Quote from: jan.nicolas on April 19, 2019, 03:04:01 AM

I also will not go through the KYC procedures, which many people undergo today. I realized that after the next project, which could not or did not collect anything or simply deceived people, our documents just go online and are sold. This is a terrible situation.

It's the baddest thing that we can ever know on what they do with the identities passed to them. Don't passed on KYC if you don't want your identities to be used in some other things.

it's a little creepy, i will also do what you say.
i don't want to make mistakes, just to get a few dollars i have to endanger my identity.

i only do KYC if indeed the project they are working on is a real project and really has a responsible team. difficult indeed to distinguish real and scam a project. but i always see the people who work in it, i hope i'm always lucky and always on a good project.

Commitments

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When you pass your KYC just waiting for distributing of your token from bounty campaign, I dislike with bounty campaign needed KYC because is not good safety for our data and afraid use for other way.

Akonobea

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I share your frustration bruh, sometimes it's so annoying that you work tiredlessly for a project only to be asked to perform KYC and if you are not able to do it, then they don't pay you the tokens.

siena23

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For me there are some who require KYC and the project is good. So not all projects that have to be KYC are considered to be failed or bad. All depends on the project itself.

sammyp

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I have tried several times to avoid bounties which require KYC not just because they may not be successful but for the reason that KYC is meant for customers but not promoters. If KYC means "know your customer'' then why do bounty hunters have to fill such forms when they are actually not buying anything? Bounty hunters should not have tolerated this KYC thing from the beginning.

bangjoe

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I do not consider that all projects that ask for bounty hunters to do KYC are projects that fail or just want to trade our data, even though our experience is almost the same but I judge that KYC cannot be used as a benchmark that the project will actually pay us or project it was a good project, it made me learn that I still had to be careful or not expect too much even though the project was finished and just left to give us token reward

Huntler1993

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Don't be done at the moment, it too early to give up just like that. All you have to is to devise a new way with the selection of bounties you participate in. Trust me good days will come and I think most amazing projects request for KYC so be prepared for it.

XbladedThanos

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Fun of WINBIX sales system winbix.io

I think maybe you dont like KYC and its process thats why you are seeing things that way but still thats ok for all the way you feel Bounties hate KYC because it put in so much pressure by adding to your work and then you have no token valuation guaranteed once it hit market Best thing pick good project whether KYC or not and hope for the best when you do the KYC

cryptounicon

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KYC's go against pretty much anything I stand for in regards to lower volume average users. I think if someone is moving substantial sums of money that perhaps a KYC could be acceptable, but a KYC for a bounty program is ridiculous. That means that you actually need to trust the project with your personal information and goes against decentralization efforts. A hacker could easily steal your private information and then use your ID to cause mayhem.

rafi035

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Quote from: tabas on April 19, 2019, 03:28:30 AM

Quote from: jan.nicolas on April 19, 2019, 03:04:01 AM

I also will not go through the KYC procedures, which many people undergo today. I realized that after the next project, which could not or did not collect anything or simply deceived people, our documents just go online and are sold. This is a terrible situation.

It's the baddest thing that we can ever know on what they do with the identities passed to them. Don't passed on KYC if you don't want your identities to be used in some other things.

It's true that identity is important if you do KYC wrong and that person is dishonest it will be misused, do KYC if you receive a lot of money from your hard work.

Galley

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It seems to me that there is no need to provide your personal data by participating in any projects. There is no guarantee that this will not be misused. Of course, there are exceptions, in the form of KYC for various exchanges, and that is purely for your convenience.

Sithara007

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Leading Crypto Sports Betting & Casino Platform

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.

djsugar

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Giving our personal details to a company which is just getting started can become a privacy threat. During KYC, some companies ask for many personal details. It's just not safe that also when we don't know much about that particular project and most probably that end up in vain. I don't support KYC and usually don't participate in ones which ask for KYC.

SistaFista

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Hexhash.xyz

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

Many ICO in this year didn't go well because they are not able to raised enough funds in their sale.
So their bounty campaign failed too, and they won't pay the rewards for the bounty participants.
Even if they barely hit the softcap, im afraid they won't pay the reward and using KYC to prolong the payment.

tabas

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Quote from: AwoCorporation on April 19, 2019, 03:30:49 AM

Quote from: tabas on April 19, 2019, 03:28:30 AM

It's the baddest thing that we can ever know on what they do with the identities passed to them. Don't passed on KYC if you don't want your identities to be used in some other things.

we can see whether the platform that asks for our KYC can be trusted or not. if in doubt do not ever, especially for the airdrop that has no clear results, it can be very detrimental to us. even if you have to do KYC, choose a platform, bounty, or investment that is truly convincing.

Yep, that's my mindset. If I'm in doubt of something, I wouldn't pursue that thing especially if there's a big thing that's on stake and I can see that it can be something that I'll regret in the future.

AwoCorporation

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Quote from: tabas on April 19, 2019, 03:28:30 AM

It's the baddest thing that we can ever know on what they do with the identities passed to them. Don't passed on KYC if you don't want your identities to be used in some other things.

we can see whether the platform that asks for our KYC can be trusted or not. if in doubt do not ever, especially for the airdrop that has no clear results, it can be very detrimental to us. even if you have to do KYC, choose a platform, bounty, or investment that is truly convincing.

tabas

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Activity: 3024

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Quote from: jan.nicolas on April 19, 2019, 03:04:01 AM

I also will not go through the KYC procedures, which many people undergo today. I realized that after the next project, which could not or did not collect anything or simply deceived people, our documents just go online and are sold. This is a terrible situation.

It's the baddest thing that we can ever know on what they do with the identities passed to them. Don't passed on KYC if you don't want your identities to be used in some other things.

jan.nicolas

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Activity: 672

Merit: 100

I also will not go through the KYC procedures, which many people undergo today. I realized that after the next project, which could not or did not collect anything or simply deceived people, our documents just go online and are sold. This is a terrible situation.

tins

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Activity: 882

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Quote from: Danslip on April 17, 2019, 04:21:07 PM

KYC is usually used against the bounty hunters and big investors. It is sad to see using the KYC as a tool against project users but we have no choice except accepting this fact.

Why KYC is against big investors, most projects like big investors. Because they will quickly get the money they want

Sanitough

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Quote from: adterna on April 18, 2019, 12:57:22 AM

Indeed, now there are many bounty campaigns that require KYC to get the prize, and after giving it KYC it turns out that the gifts given to us are very small, and that disappointed many bounty hunters, even projects that did not pay after we gave KYC.

There is no relation between the gifts or the bounty you receive from the KYC requirement.
Receiving a small amount of bounty as long as it's stipulated in the contract from the start, team does not violate anything.
The risky part here is the KYC compliance because you never know if they are really reputable.

Topic: Am done with KYC - page 25. (Read 22155 times)