Bounties required KYC. - page 15. | Bitcointalksearch.org

ukw

sr. member

Activity: 616

Merit: 250

Quote from: imyashir on June 21, 2018, 07:53:10 AM

Do you agree that Bounty needs KYC?

In my opinion only, I will agree with this policy to avoid multiple accounts or the use of other accounts in bounties. If it has this policy it will be fair to investors and to bounty participants. Scams can be reduced to a bounty. Dumpers can also be reduced.

What is your Opinion?
Free comment.

I'm not sure this will bring any benefits to the project as a whole. The only consequences, in my opinion, will be to reduce the number of participants. I do not see why we should give all our personal data to people without any justification.

emmybd

full member

Activity: 1218

Merit: 112

Well, the points that you have raised are right, but what is the guarantee that you personal data would be safe and it wouldn't be compromised in future. There are many instances where personal data has been sold or get leaked.

cryptomadu

jr. member

Activity: 350

Merit: 2

I don't see any problems with KYC for bounty hunters. But at the start of the campaign, it should clearly notify about the necessity of the KYC. Otherwise, it will be unfair for the people who don't have KYC documents.

Muwatti

newbie

Activity: 176

Merit: 0

Well do you have point about the over population of bounty participants in bounty campaign. This may result of being more spamming activities and also for having a multiple account of a one person. I think it is quite good to put kyc for bounty participants it can cause decreasing of participants to support bounty projects. But for me instead of strictly putting kyc for all bounty participants It is better to do this when they want to purchase tokens or they want to become investors. I think it is advisable for all investors who wants participate in private, presale and publicsale to avoid scammer.

Wyne

full member

Activity: 531

Merit: 102

Quote from: imyashir on June 21, 2018, 07:53:10 AM

Do you agree that Bounty needs KYC?

In my opinion only, I will agree with this policy to avoid multiple accounts or the use of other accounts in bounties. If it has this policy it will be fair to investors and to bounty participants. Scams can be reduced to a bounty. Dumpers can also be reduced.

What is your Opinion?
Free comment.

KYC is a form of protection to the ICO or bounty program. Also, KYC helps to remove multiple accounts, reducing dumpers and remove scammers. In my point of view there no wrong with KYC and it helps the security of ICO's to the scammers.

V-t.Ester

member

Activity: 532

Merit: 25

Quote from: my1st on August 21, 2018, 08:32:46 AM

Quote from: izay on August 21, 2018, 08:22:35 AM

Somehow agreed, KYC really helps to distinguish cheaters. We all know that KYC are only required for the investors, but as of now, KYC avoids abusive members of the community. We just need to ensure that the project that we need to do KYC is reputable for our identity not to remain private.

It is certainly good that they are trying to fight with bots, but on the other side, due to KYC scammers collect a bunch of documents and it is not known what they do with it. It's time to use KYC through a single verification service, which is already quite a lot on the market.

Sometimes one of verification demands is a bill or another document that justify your registration (doc must be in Latin, officially translated by agency). I don’t have an opportunity to make such translation. In such cases KYC become unreal for me and I lose tokens.

my1st

copper member

Activity: 350

Merit: 1

Quote from: izay on August 21, 2018, 08:22:35 AM

Somehow agreed, KYC really helps to distinguish cheaters. We all know that KYC are only required for the investors, but as of now, KYC avoids abusive members of the community. We just need to ensure that the project that we need to do KYC is reputable for our identity not to remain private.

It is certainly good that they are trying to fight with bots, but on the other side, due to KYC scammers collect a bunch of documents and it is not known what they do with it. It's time to use KYC through a single verification service, which is already quite a lot on the market.

hcf27

full member

Activity: 257

Merit: 100

Quote from: Osayo on August 21, 2018, 08:20:20 AM

Quote from: imyashir on June 21, 2018, 07:53:10 AM

Do you agree that Bounty needs KYC?

In my opinion only, I will agree with this policy to avoid multiple accounts or the use of other accounts in bounties. If it has this policy it will be fair to investors and to bounty participants. Scams can be reduced to a bounty. Dumpers can also be reduced.

What is your Opinion?
Free comment.

KYC is not necessary for bounties.

It is necessary for the bounty that they suspect that there is fraud and cheater. But I would never participate in the KYC request bounty. My information will definitely be used for another purpose

izay

member

Activity: 532

Merit: 10

Somehow agreed, KYC really helps to distinguish cheaters. We all know that KYC are only required for the investors, but as of now, KYC avoids abusive members of the community. We just need to ensure that the project that we need to do KYC is reputable for our identity not to remain private.

Osayo

jr. member

Activity: 294

Merit: 1

Quote from: imyashir on June 21, 2018, 07:53:10 AM

Do you agree that Bounty needs KYC?

In my opinion only, I will agree with this policy to avoid multiple accounts or the use of other accounts in bounties. If it has this policy it will be fair to investors and to bounty participants. Scams can be reduced to a bounty. Dumpers can also be reduced.

What is your Opinion?
Free comment.

KYC is not necessary for bounties.

aji567

member

Activity: 728

Merit: 10

Quote from: imyashir on June 21, 2018, 07:53:10 AM

Do you agree that Bounty needs KYC?

In my opinion only, I will agree with this policy to avoid multiple accounts or the use of other accounts in bounties. If it has this policy it will be fair to investors and to bounty participants. Scams can be reduced to a bounty. Dumpers can also be reduced.

What is your Opinion?
Free comment.

I also agree with your opinion, indeed many people now have multiple accounts and KYC is the right choice to stop the steps so that it can be a lesson for multiple accounts.

lutcor

jr. member

Activity: 448

Merit: 1

If you still do not understand what KYC is for and you are ready to go through it, then I'm sorry, especially if you are willing to go through it to get a bounty. Since you can find all your documents online. I'm afraid to talk about all the processes of KYC, but probably the majority.

Genjik

jr. member

Activity: 120

Merit: 1

Quote from: imyashir on June 21, 2018, 07:53:10 AM

Do you agree that Bounty needs KYC?

In my opinion only, I will agree with this policy to avoid multiple accounts or the use of other accounts in bounties. If it has this policy it will be fair to investors and to bounty participants. Scams can be reduced to a bounty. Dumpers can also be reduced.

What is your Opinion?
Free comment.

if I don't agree with myself. Why ? because if you apply the KCY system, it's a bit uncomfortable, because KYC is an important enough personal information, the risk is also to be disseminated for crime.

kendra1107

full member

Activity: 476

Merit: 100

Quote from: imyashir on June 21, 2018, 07:53:10 AM

Do you agree that Bounty needs KYC?

In my opinion only, I will agree with this policy to avoid multiple accounts or the use of other accounts in bounties. If it has this policy it will be fair to investors and to bounty participants. Scams can be reduced to a bounty. Dumpers can also be reduced.

What is your Opinion?
Free comment.

I am not comfortable with this requirement. But if we need to comply in order to be compensated, then I guess we really have no choice. KYC for me is just another risk that I will have to take. KYC has its pros and cons as many other things. We just need to accept it and move forward.

Kent Kermit

newbie

Activity: 5

Merit: 0

Okay so the thing with KYC is that it can greatly reduce scammers and that can be awesome. Still, KYC is something that is used for Intitial Coin Offerings (ICOs) and it is personal information that can be used for scams and therefore it is VERY dangerous to submit it to unknown people. I, personally, am sort of reluctant to submit KYC. Although, it wouldn't be that big a problem to submit it, I'm afraid of letting people know my personal information.

johnalyn

member

Activity: 314

Merit: 10

As I started to participate some bounty campaign last year It is not required a KYC for any participants that's why more participants are cheating sometimes and having a KYC in a campaign is a better idea for us to prevent from the cheaters who wanted to earn in a double account without knowing them. And I really agree of having a KYC.

kjnfmplm

jr. member

Activity: 364

Merit: 6

I think that bounties should require KYC to all of its participants. Even though the intention of having KYC is good, other campaigns that are scams will take advantage of that information and might even sell your personal information. Another thing, the purpose of cryptocurrency is for you to have an anonymous transaction (even if its not really that anonymous), then giving away your personal information defeats its sole purpose.

Daisuke

full member

Activity: 281

Merit: 100

For me having a KYC requirement in bounties has a pros and cons. The pros of this requirement is that it is giving more opportunity for all of us bounty hunters to join a bounty campaigns and also it can avoid having lots of alternative account. The cons of this project is it is really hard to join a specific bounty if there is really a kyc requirements.

marcripto

full member

Activity: 658

Merit: 100

There is no regulation and no law, in any country in the world, which requires bounty campaigners to participate in bounty campaigns to send their personal documents to receive their tokens. I think it's right for investors, but KYC verification for bounty hunters is a "forcing". There may be other methods to find scammers who use multiple accounts

Midsign

newbie

Activity: 168

Merit: 0

This is a more effective control method for issuing currency. It should have been done long ago. Multiple accounts and spamming have affected the development of certain Tokens and hinder the good environment. Only in this way will it be easier to remove malicious people, but This is not the most effective method. After KYC, there will be a lot of fake people involved. In the end, more processing methods should come from developers how to deal with it and make everything fair.

Topic: Bounties required KYC. - page 15. (Read 3472 times)