Topic: BOUNTY PARTICIPANTS DON'T NEED TO PASS KYC - page 4. (Read 503 times)
Well, most of the bounties now are demanding for kyc these days. We must conform with the rules of the bounties Anyways
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I absolutely completely agree with everything that you wrote above. This is nonsense, it's not right, and maybe even not legal. And I think many people understand this.
But it can't be canceled. Leverage pressure on this doesn't exist. Public opinion is completely ignored by the companies. There are no specific laws forbid it.
And as you know - Everything that is not prohibited is automatically allowed. Companies use this unspoken law. If we lived in an ideal world ..... This is one of my not realizable dreams.
Though i dont really support kcy for campaign participants,because for me theres no privacy remaining for us,but if this is the way to prevent multiple account enrollment well i guess this is ok for the dev to set this rules..
On other hand whats bothering me if this will be used for personal option of the dev,thinking they are holding our details.thats the sentiments i only concern
On other hand whats bothering me if this will be used for personal option of the dev,thinking they are holding our details.thats the sentiments i only concern
It 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 problem for me, it protects the projects against multi account users.
Am okay with the KYC procedure it only stops people from operating from multiple accounts
I think it's because people are multi accounting, not a legal requirement.
That's not a problem in their project, it's a problem here in this bitcointalk and we all know that multiple accounts are not allowed.To the project, As long as they promote the project they have no problem in multiple accounts.
As i said, this is not a problem in their project as long as the promotion is still there.
That problem is only fits here in forum, allowing multiple accounts is against the rules because you're gaining a double profit but when it comes to promotion of the project there is no problem.
Yes, we can say that it is for the person who have multiple account in same campaign but how about the personal identity of the person? What if there are something happen because they gave their info? But it is good that it is the plan because we can catch all members that has multiple accounts in this forum.
I can't disagree with this article, it's only truth. I hope projects will not require KYC for bounty participants.
Thanks for a very useful post, adding my insights.That's what I feared with KYC, the misuse of personal information. So as much as possible I avoid the bounty that gives KYC terms.
I really hate the fact that Bounty Hunters need to do KYC. Because i really dont want to give my information to somebody i didn't trust fully. But we cant do anything about it. Some bounty campaign do KYC to filter multi accounts cheaters. The more they filter the more they save funds for their project.
In fact, it is very far-fetched. There is a real risk and it is that now a lot of ICO is a Scam. If you pass the verification just in such ICO - then there is a risk that your data can be used somewhere, and most likely not for good deeds.
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
I dont participate in the bounty which wants me to pass KYC. I am only a bounty hunter and promote your project. So why do you need my id? i am not an investor or a customer who is interested in your project.
My opinion is that KYC pass those who invest in the project, and the bounty people should not do it.
I don't understand why they don't use decentralized idendtity verification platform where information is safe and secured and you have control over your data. I agree to some KYC but only if the information is safe and the KYC provider complies with international standards and regulations. Especially the new GDPR.
Am okay with the KYC procedure it only stops people from operating from multiple accounts
I think it's because people are multi accounting, not a legal requirement.
That's not a problem in their project, it's a problem here in this bitcointalk and we all know that multiple accounts are not allowed.To the project, As long as they promote the project they have no problem in multiple accounts.
As i said, this is not a problem in their project as long as the promotion is still there.
That problem is only fits here in forum, allowing multiple accounts is against the rules because you're gaining a double profit but when it comes to promotion of the project there is no problem.
Am okay with the KYC procedure it only stops people from operating from multiple accounts
I agree with you. There's no point for bounty hunters to pass KYC. We are not even a customer who buy token in ICO, we are just promoting the ICO. Instead of bothering the bounty hunters to pass KYC, why don't just pay us in ETH? DAOstack is the example of ICO that pays the bounty hunters in ETH.
If you are interested Welltrado is offering an attractive bounty campaign.
KYC is used as a way of increasing the hype, i don't know how effective it is but they sometimes use it that way. the ICOs are not regulated and in many countries they are not even legal to want to ask for things such as your identification. so you are in reality handing over your personal information to a bunch of random people doing something illegal on the internet!
agreed,they collect KYC from bounty hunter for what? some project ask KYC then they will sold your data. be careful guys
Even good project can be hacked and all KYC data can be stolen, so KYC can be more dangerous than we think.
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