Topic: BOUNTY PARTICIPANTS DON'T NEED TO PASS KYC (Read 505 times)
Sincerely, I really dislike any bounty thread that requires KYC before one can receive ones token. I really do not see any reason for bounty participants to still be doing KYC. There are more to this KYC of a thing, which I really do not know what they wanna use our personal details for.
Just as mentioned before, we don't get the coins from purchasing it, but we are getting it because it's a reward from the job we've done.
I agree. I am not against the verification of participants and filtering multiple accounts but the fact that we will send our information with ID's is something I am not comfortable of. I believe that KYC are for investors. Bounty participants will only get paid using their wallets so there is no need to KYC unless the smart contract requires it. KYC will only make the distribution slow since they need to check everything first. If the bounty is bad, it can take months before they can finish the verification. Also, some participants are not sending their KYC verification on time and it results to the delay of distribution.
I think the only issue I have a problem with is those bounty managers that don't make it obvious from the start that you will need to do kyc before you can claim your tokens until the bounty has finished.
The spread of the demand for confidential information from the participants of the ICO signature campaign and a copy of our passports is illegal and very dangerous. We need to require the ICO team to point out a specific regulatory act that gives them the right to require us to pass a KYC test. I am absolutely sure that such a normative document does not exist and it is all exceeding its authority. We really are not investors and should not undergo such verification. In addition, we are not clients of the ICO team either. We provide them with services to promote their ICO project and they pay us for it. Therefore, they are our customers and they, in that case, must pass the KYC check, if this is mandatory.
OP raised an important issue. But, unfortunately, we tend to the fact that the KYC will be necessary for all bounty hunters. Here's an example: https://medium.com/amazix/introducing-amazix-community-rewards-41313bd4c896
And this is a respected company AmaZix, which leads a lot of bounty.
And this is a respected company AmaZix, which leads a lot of bounty.
indeed in ancient times I never knew the term KYC in the receipt of bonuses in the campaign project. but for now almost all bounty using KYC when they will do token distribution, although less agree but I think it is not too bad for bounty participants
And I'm not against passing the verification of personality. Just the whole problem is that they do not immediately announce this. And just skip the news, and do not get paid for the work. Due to verification, fraud risks are reduced.
Just a small percentage of the bounty campaigns require KYC but I think the reason that people are so surprised is that these things always start little by little that no one pays them any mind until it grows to a point where nothing can be done about them. If people keep signing up for bounties that require KYC then there will be a point in the future when all of them will require KYC
yeah i agree , KYC is only for investors not us , we are anonymous here then they need our information for what . ? what if this ICO is scam and they need KYC . and took all the information and used for bad things .
I always belongs to the Bounty campaign that you participate in. The most signature campaigns don't have a KYC requirement for the participants. But I also know some campaigns where it is required to do a KYC. But that no issues for me, it protects the projects against multi account users.
While it does not hurt us and instead adds bounty quality, I also do not mind to do KYC.
i'm a newbie but can't join bounty KYC why ?
KYC makes ICO project is not anonymous anymore even though KYC is not so bad but people who life in the country which doesn't allowed to being cryptocurrencies investors will be so difficulted and i personally not so comfortable if there is ICO project offering airdrop program with KYC required and even they promising will pay high but i would not take a part
In the case of USA and China, I guess it's better to obey the law, and if your country doesn't support cryptocurrency operations and investment in ICO projects, you'd better give it up and choose another legal and profitable way of earning money.
Am okay with the KYC procedure it only stops people from operating from multiple accounts
I don't see the problem either. I use my foreign passport for passing KYC, which I'll change after several years. Why does everybody panic when hearing about KYC procedure? I don't understand... Alarmists?
Most bonus threads do not require KYC validation, so you don't need to panic too much.
Even if some of the ICO projects require KYC validation, they will be announced in advance.
Even if some of the ICO projects require KYC validation, they will be announced in advance.
I always belongs to the Bounty campaign that you participate in. The most signature campaigns don't have a KYC requirement for the participants. But I also know some campaigns where it is required to do a KYC. But that no issues for me, it protects the projects against multi account users.
For me theres no problem on submitting kyc as a bounty hunter.Some hunters are abusing the campaign using multiple accounts on social media to bag more rewards and thats unfair to us who are using only one account.If i were the bounty hunter much better to know the requirements of the campaign to avoid any conflict in times of distribution.
Of course, I agree with the Author of the topic, that Bounty participants do not need to pass KYC. Because we just deal with the promotion of ICO, and do not participate in their ICO buying tokens
For me theres no problem on submitting kyc as a bounty hunter.Some hunters are abusing the campaign using multiple accounts on social media to bag more rewards and thats unfair to us who are using only one account.If i were the bounty hunter much better to know the requirements of the campaign to avoid any conflict in times of distribution.
Bounty needs KYC will only add to the problem only. KYC for bounty is not significant, especially if a notice requiring bounty KYC as well at the end or ahead of the distribution. This is not a fair action name. surely many people will spare their identity that could be misused. from now on many bounty hunters also avoiding the bounty that uses KYC.
this is what I fear if they need KYC, I have the same thoughts with you, I am afraid my data resold, and used for bad things like scam
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