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Topic: Bounties required KYC. - page 4. (Read 3472 times)

member
Activity: 644
Merit: 10
October 03, 2018, 10:38:00 PM
I think it's very nice because now many multi accounts are everywhere. And with the bounty project that uses the KYC is definitely better and can be successful. And many now new projects already implemented using KYC. But should still be cautious and do the analysis before joining the project.
member
Activity: 476
Merit: 10
https://beta.afce.io/#/
October 03, 2018, 10:25:55 PM
Yes I agree with you thought but kyc is not a small thing when it's use on international purpose so privacy of kyc is also more important.
full member
Activity: 1140
Merit: 103
Buzz App - Spin wheel, farm rewards
October 03, 2018, 10:23:54 PM
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 agree. Participating in a bounty with multiple accounts is just plain fraud and frowned upon by everyone. I think KYC is a good method to implement to prevent such things and open more doors for other participants who want to make a great deal of cash in participating in bounty campaigns.

Not only KYC is a good method to prevent fraud but also it helps in maintaining country laws. Many countries nowadays urge to implement KYC norms, thus making the project more trustworthy and viable. Also, some projects don't provide their service to selected few countries, and KYC helps them to maintain their own rules and norms.

This proves a legitimate and honesty of every participants who joined the bounty campaign. Some countries prohibited their residents in participating the campaign, that's why the owner of the project who resides on that country will require a "know your customer" strategy. As mentioned fraud and other criminal acts will be controlled if the implementation will be successful for every participants who van comply the requirements.
sr. member
Activity: 1232
Merit: 250
October 03, 2018, 09:46:52 PM
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 agree. Participating in a bounty with multiple accounts is just plain fraud and frowned upon by everyone. I think KYC is a good method to implement to prevent such things and open more doors for other participants who want to make a great deal of cash in participating in bounty campaigns.

Not only KYC is a good method to prevent fraud but also it helps in maintaining country laws. Many countries nowadays urge to implement KYC norms, thus making the project more trustworthy and viable. Also, some projects don't provide their service to selected few countries, and KYC helps them to maintain their own rules and norms.
full member
Activity: 462
Merit: 100
October 03, 2018, 09:13:19 PM
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 agree. Participating in a bounty with multiple accounts is just plain fraud and frowned upon by everyone. I think KYC is a good method to implement to prevent such things and open more doors for other participants who want to make a great deal of cash in participating in bounty campaigns.
jr. member
Activity: 116
Merit: 1
October 03, 2018, 08:14:54 PM
You have to be very careful if you are submitting KYC to a unkown person on the internet.  There are some exchanges and people you can trust but you have to do a lot of research to make sure they are safe.
full member
Activity: 983
Merit: 100
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
October 03, 2018, 07:55:41 PM
I think its not very necesarry for bounty hunters. I have no idea what are the team doing with our information. KYC is required for investor team needs to know who join them. I hope less bounty using KYC to claim our reward.
member
Activity: 364
Merit: 10
October 03, 2018, 06:43:47 PM
I agree with you . This is must in every new ICO and who doesn't want to do KYC he can not get tokens. Regulations are strict now days and it will get worse so all of you bounty hunters prepare in advance passport and photos and utility bill and you are all set
jr. member
Activity: 840
Merit: 3
October 03, 2018, 06:41:16 PM
I don't understand  why some bounties will require kyc from. Bounty hunters before receiving their rewards.  The annoying part is that,  they don't inform hunters from the beginning of the campaign that they will  need to do kyc,  they only come. Up with it at the end of the bounty.  I think that might be a way of denying hunters their rewards because some hunters may not pass their kyc. 
sr. member
Activity: 624
Merit: 250
October 03, 2018, 06:34:06 PM
I don't think it's efficient. If it's for investor it's fine. You need all that verification in case someone try to take what's not their's. But for bounty hunters, i don't think it's neccessary. But even if it's really needed, don't make it so hard to verify. We don't need that.
full member
Activity: 686
Merit: 100
October 03, 2018, 06:13:39 PM
Last time I dont agree doing KYC for bounties , but seeing lots of cheaters and scammers doing multiple account just to cheat the bounty. Then doing so is really necessary , but the problem now scammers are innovative they fake ID's so I guess manager need next level verification like providing video verification of the bounty hunter
sr. member
Activity: 499
Merit: 250
September 29, 2018, 04:09:00 AM
I participated in several bounty campaigns in which it was necessary to pass KYC and they were very successful. It seems to me that KYC helps protect both the investor and the project organizers. By the way, there wouldn’t participate people with multi accounts..
full member
Activity: 644
Merit: 101
September 28, 2018, 05:26:02 AM
I understand that sooner or later we will still begin to actively use crypto-currencies and many countries will oblige their citizens to use KYC in order to have access to crypto-currencies in general, but today it is not right.
jr. member
Activity: 62
Merit: 1
September 28, 2018, 05:23:17 AM

Of course, Bounty needs KYC, but there is no guarantee that after that your data will not get to the scammers so that it does not pass everyone's business.
member
Activity: 574
Merit: 10
September 28, 2018, 03:16:41 AM
KYC is an excellent procedure for investors and participants of the bounty. This is a good way to reduce multi-account. Nowadays many once project fraud and if no stricter rules certainly such thing will continue to happen. But we also have to be careful because the project that uses the KYC is not necessarily been successful.
jr. member
Activity: 266
Merit: 1
September 28, 2018, 03:04:34 AM
Recently, many governments are calling for the application of KYC's requirements to the crypto-currency markets. And I think this is right because there are often cases of fraud
I agree, I do not see anything wrong with that. and the scammers will pass by the project where there is a KYC. consequently, payments to honest hunters will be more
newbie
Activity: 56
Merit: 0
September 28, 2018, 02:39:31 AM
Well, if KYC were strictly needed for a project to succeed we would see every single campaign implementing it, but they are just a few doing it, so no, it is not necessary, more like whim or an obstacle
member
Activity: 588
Merit: 10
Decentralized Ascending Auctions on Blockchain
September 28, 2018, 02:35:37 AM
actually no problems using KYC or not. that certainly I feel that this KYC only as additional features only. not mandatory in all its bounty. so don't be too taken dizziness.
newbie
Activity: 56
Merit: 0
September 28, 2018, 02:31:36 AM
I am strongly against bounties requesting for KYC because most of these project end up not being successful and will make use of applicant's kyc documents to secure a place in other good project. They can have a limit to the number of applicants needed for a campaign instead of kyc
jr. member
Activity: 188
Merit: 1
Adoption Blockchain e-Commerce to World
September 28, 2018, 02:30:04 AM
if I just agree, because kyc is also needed by the development team of a coin or project, with the kyc the transaction of a coin can be monitored and it is unlikely that the coin will be used for things that are not appropriate, because those who have the coin will also not dare to do negative or inappropriate things with the coin.
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