It's just a coincidence. In my practice bounty hunter, on the contrary, with the highest amounts of payments came across projects that required the passage of KYC and it says nothing. By itself, the requirements for the passage of KYC does not affect the success of the project. First of all, you should consider the project itself, its idea, team, and so on, and not look for reasons in indirect signs.
There are some projects who really succeed on their ICO despite of asking KYC to the participants but i don’t think its just conincidence because some projects really meant to scam people and collecting personal infos will also their goal. As a bounty hunter we already experience a lot of this, and that’s why even huntets don’t trust any ICO now that much. 
Topic: Am done with KYC - page 32. (Read 22155 times)
I have done KYC to get a token and then the project I am working on actually has no different improvement. in my opinion KYC does not affect the price of token rises or anything. KYC is giving away personal data.
I don’t remember why we need KYC, using it we lose the main goal of cryptocurrency: anonymity. Most projects do not really enter the market, but my documents are required to receive coins (tokens). And what is the probability that my data will not be sold on the Internet? Developers need to use KYC so that users know who is really working on the project, there will be no cheating then.
This anonymity in the system is what has been making a lot of scammers succeed in scamming us because they feel cryptocurrency is about that.When it comes to transaction, maybe creating ether wallet or transferring coins within ether wallet, I don’t think anything like KYC does happen but this is investment we are talking about, a company or exchange cannot just give the liberty to anyone to transact huge amount of money without knowing the person and also verifying that the amount to be transferred largely is not a scam or stolen money. So, I don’t think KYC should really be an issue if the person complaining about it does not have an ulterior motive too about the cryptocurrency.
Many people have already understood that all this is a meaningless process that causes so many fears for personal data. Therefore, it seems to me that all this can definitely worsen the situation.
of course, our personal data might be misused for projects that request KYC I personally would be surrender than mengasi my personal data to project project ICO You are absolutely right, most of the project requesting for KYC don't make it to hardcap and even those that have managed to, the BM will find a way to deprive us of the bounty by continuously rejecting KYC
Usually KYC is supposed to be a tool to be used against money laundering, majority of them don’t even make use of the KYC we are talking about has we have many investors that has put in Large fund into the coin without any verification, I see it as just a camouflage and no effect or impact it has on the market.I think it is even the project developers or exchanges that need to show the users legal document that will show that they are real and also safe to transact business with such exchange or invest in such ICO, but nowadays, I don’t think we still have much projects imposing ICO on the investor.
Many people have already understood that all this is a meaningless process that causes so many fears for personal data. Therefore, it seems to me that all this can definitely worsen the situation.
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 emergence of KYC in each project has indeed received pros and cons. many support the existence of KYC and not a few who do not support because it includes privacy data. but it's all for the security of a project. I myself do not like the existence of KYC in every condition to participate in a project, because it includes personal data, but as long as the project is good and for security I don't think it is a problem for me. 
The most irritating cases are those which gives you no prior warning and ask for the KYC in the end. If you don't undergo the KYC process, then the bounty is lost. This has happened to me a few times here and I had to forfeit my earnings.
There are bounty really bounty really required the kyc to avoid multiple account in the bounty so it is available but in ico is also required kyc but it's good for bounty but in ico it should not be because there are projects ico the scam and it is used to victimize other people for investors there are other bounty hunter's unworthy allegations to provide kyc with bounty so others do not go along with bounty with kyc other bounty hunters are not here many say that no more kick is needed than the kick because it's a bounty hunters privacy so bounties do not want to join the kyc because it can be used by other people in the plot.
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
before the KYC process is done before the bounty is complete, and we don't know yet whether the bounty pays or not , without any reason we must follow the rules and fill the 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
before the KYC process is done before the bounty is complete, and we don't know yet whether the bounty pays or not , without any reason we must follow the rules and fill the 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 am also careful on submitting my personal info in those bounty ,Just imagine they would pay us in exchange for our personal info which we don't really have an idea what would they do after it,
And also there are some people who submits fake information in KYC I think it is not fair for those who really send their real info.
Just imagine how much they could earn if they sell our information ? who are the true earners,Is it the bounty hunters or the bounty that needs 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
That's an interesting conclusion. Does anyone else have the same impression? It might be a coincidence as well.
It is really so painful, after going through the rigours of kyc and at the end you are rewarded little or nothing. On a general note, I think kyc isn't and shouldn't be for hunters. As hunters, our job basically is to create awareness and promote the project, we deserve the best from the developers rather than making us go through kyc so that at the end, some might fail and their tokens not paid. Pls kyc should be stopped for bounty hunters.
It's nice, I like the way you think. Oh yeah, why not question it's to the bounty manager, what is the use of the kyc system for bounty hunters.
It is really so painful, after going through the rigours of kyc and at the end you are rewarded little or nothing. On a general note, I think kyc isn't and shouldn't be for hunters. As hunters, our job basically is to create awareness and promote the project, we deserve the best from the developers rather than making us go through kyc so that at the end, some might fail and their tokens not paid. Pls kyc should be stopped for bounty hunters.
It's nice, I like the way you think. Oh yeah, why not question it's to the bounty manager, what is the use of the kyc system for bounty hunters.
It's just a coincidence. In my practice bounty hunter, on the contrary, with the highest amounts of payments came across projects that required the passage of KYC and it says nothing. By itself, the requirements for the passage of KYC does not affect the success of the project. First of all, you should consider the project itself, its idea, team, and so on, and not look for reasons in indirect signs.
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 definitely agree with you, I have experienced this thing to, as far as I know, legit project does not require its bounty hunter participant to provide KYC, but rather those who are investing to its project. They maybe use this so called KYC for the participants verification and not to exploit the campaign and it is up to us if we are willing to give our identities for a work that we are not sure if we will be paid or if paid, the token have value.
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
That is why we have to be make sure that the project or website to which we are submitting our personal information is safe. The best way to do it is to get to know the project well enough. If, based on your review, research, and assessment of the project, you think that the project is not clean and legit, you better do away with the KYC process. Otherwise, you are only putting your personal identity at risk.
It is really so painful, after going through the rigours of kyc and at the end you are rewarded little or nothing. On a general note, I think kyc isn't and shouldn't be for hunters. As hunters, our job basically is to create awareness and promote the project, we deserve the best from the developers rather than making us go through kyc so that at the end, some might fail and their tokens not paid. Pls kyc should be stopped for bounty hunters.
lately I think that KYC for a bounty hunter is not needed. but for some products, such as exchangers, it is only natural to use KYC, because they do have to know who their users are, especially for those who make large withdrawals. besides, kyc is indeed needed if the token that we get is sent to the account of the product. well, however, some people don't want their identity to be overlooked, even more so if they only have a few tokens. of course it will also reduce the interest of some users.
Jump to: