Change Of KYC Pattern - page 5. | Bitcointalksearch.org

pixie85

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Quote from: ?? on ??

Quote from: nikola22 on March 09, 2019, 05:37:21 PM

many users don't want to pass KYC neither before bounty nor at the end. so it would be better to remove KYC for all bounty hunters.

However KYC is a good way to prevent people from cheating (e.g. signing up with multiple accounts).
As long as it's mentioned in the rules from the beginning and not just being added during the campaign I can't see any problems about KYC.

If you sign up with multiple accounts you still have to do the job and it's 2 or 3 times the job when you have 2 or 3 accounts. This shouldn't concern the manager when somebody is working twice as much and getting paid for it.
Spammers will get spotted and banned at some point and the reward money is not very high for them to keep buying accounts for the purpose of cheating.
I see no reason for KYC bounties.

Bonsaiav

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Quote from: Danda23 on February 10, 2019, 01:24:24 PM

There have been so much issues arising from bounty hunters doing kyc. So many bounty hunters are against it. Also looking at what kyc means, it means know your customer and bounty hunters are not customers.

So my thought is this: if there must be kyc , it should be done before the start of the bounty. If you pass the kyc, you start the bounty but if you fail, you just leave it and look for some other promising bounty.

What do you think about this?

For bounty hunters maybe yes, of course this problem will make it difficult for them when they want to participate in winning prizes, because their image has been fixed as a hunter which means many have BTC addresses, or often change the BTC address according to the organizer's wishes.

Honestly, I'm not opposed to the presence of KYC who took part in monitoring the development of cryptocurrency users, because KYC itself is one of the institutions that can be said to be important, in combating criminal actions related to money laundering crimes.

Previously, the discourse on KYC had become a debate between two groups that were pro and contra, if this continues to be allowed, of course this thing will have a bad effect on users, both for customers and bounty hunters because both have a close relationship with the crypto market development. So, there's no other way for KYC other than by changing its performance patterns so that their presence does not hurt one party.

nikola22

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many users don't want to pass KYC neither before bounty nor at the end. so it would be better to remove KYC for all bounty hunters.

arnoldrimmer

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The fact I don't like about KYC is depriving the bounty hunters their tokens by using KYC as an excuse which was never stated intially

beehimneff

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I have the opposite opinion on this topic. I think it is more expedient to pass the KYC procedure after the end of the bounty campaign when it is already known how many tokens I will receive for the work done by me. And that can be and it makes no sense to undergo the process of KYC for pennies. Grin

Runbitup

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Quote from: ikicha on March 09, 2019, 04:36:27 PM

If you have a solution for the cheater ?, Went they doing an KYC sometimes cheater still get passed on that verification. Thats was a proof you can check at blackmarket someone selling some ID for KYC. KYC will always a best option for verication

maybe not yet, but I think there will be a time when KYC will be replaced in a better way.
but that doesn't mean if I really hate KYC, it's only used by fraudsters so I think there must be a better system than KYC to implement in a project, for example using verification code

ikicha

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If you have a solution for the cheater ?, Went they doing an KYC sometimes cheater still get passed on that verification. Thats was a proof you can check at blackmarket someone selling some ID for KYC. KYC will always a best option for verication

Eildosa

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Yes, this procedure must be reported at the beginning of the bounty. This would be fair and would mean that the bounty hunter would definitely get his reward. KYC procedure must be changed.

aji567

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I am looking for a clear bounty for the announcement, when there is a bounty that must use KYC then I make sure I will not follow the bounty. because for me KYC is a complicated thing and makes me lazy to do it. if the bounty that I followed suddenly asked for KYC at the end of the campaign and distribution, I would be forced to do KYC because it would be in vain if I didn't do KYC and didn't get tokens at all.

rhyoanime

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https://www.empirehotels.io/

Quote from: Danda23 on February 10, 2019, 01:24:24 PM

There have been so much issues arising from bounty hunters doing kyc. So many bounty hunters are against it. Also looking at what kyc means, it means know your customer and bounty hunters are not customers.

So my thought is this: if there must be kyc , it should be done before the start of the bounty. If you pass the kyc, you start the bounty but if you fail, you just leave it and look for some other promising bounty.

What do you think about this?

of course, I agree with your opinion!
there are so many bounty hunters who feel upset, because after working and getting shares.
but because their KYC was questioned, they couldn't get a salary.
This KYC system should be repaired for bounty hunters.

makerst

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The idea as a whole is not very bad, because people have already learned how to create fake documents that KYC successfully pass, then it will probably be necessary to think to developers, who just as well simply collect money and run away, with their heads.

kingpin4321

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You are correct about the fact that kyc is in full know your customer and although bounty hunters are not directly customer because they are not purchasing the token but they are actually going to be rewarded the token at the end so that's qualifies them for KYC

CoinsOrDie

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Quote from: ?? on ??

Sometimes KYC procedires can take quite a while to complete ,that may be an issue for some project who want to get their project right on the go,to deal with issues later.They often indicate that kyc documentations will be required at the end of the campaign.It is better done at the end of the everything.

I think in a different way. KYC is very quick and I think it will be completed in a few minutes if the team works hard. I look forward to the time when KYC for bounty will be removed

crzybilly

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I agree and think that a KYC at the beginning of a bounty would be a much better start. Everyone would understand that KYC is needed to get rewards and hunters that will pass this process would be able to get more rewards.

crenfrosck

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I am not in favor of KYC, but as long as this process is completed before the job is done I do not see a problem. As we know, some bounty managers are not that innocent and they come with this statement after the end of bounty. That is completely wrong. People have spent time promoting the project and they should not be rewarded without showing their ID? Not professional attitude at all. All we can do is spot those managers and not joining their bounties, but it will be late for some anyway Sad

.

StephenJH

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No more Rekt and Bust

Quote from: YinShuiSiYuan on March 05, 2019, 12:34:23 PM

Quote from: 97percent on February 25, 2019, 03:34:23 AM

KYC is needed to reduce fraud. And I think everything depends on everyone because if you are willing to KYC, you can join. But if you don't agree, you can look for other projects. And this KYC pattern must be changed and carried out at the beginning of the campaign.

I agree, KYC was formed to protect against fraud. The only question you should ask is whether bounty hunters are investors whom KYC applies to. They only get a prize in the form of tokens for their work, so it's rather hard for them to have something to do with illegal activities.

KYC can prevent abuse on both ICO and bounty campaigns. There are no good alternatives to KYC system unfortunately. ICOs are also scamming people and investors. Sometimes they don't pat to bounty hunters and KYC is meaningless in this situation.

YinShuiSiYuan

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Quote from: 97percent on February 25, 2019, 03:34:23 AM

KYC is needed to reduce fraud. And I think everything depends on everyone because if you are willing to KYC, you can join. But if you don't agree, you can look for other projects. And this KYC pattern must be changed and carried out at the beginning of the campaign.

I agree, KYC was formed to protect against fraud. The only question you should ask is whether bounty hunters are investors whom KYC applies to. They only get a prize in the form of tokens for their work, so it's rather hard for them to have something to do with illegal activities.

JohnMacZeppelin

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I fully support the idea of revising this pattern, because there are fears that our documents simply resell and make huge databases, where we all will figure, this is a huge problem. Therefore, I am sure that we need to revise all this.

Dannev

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I totally agree with you dude. The point of bringing up KYC at the end of Bounty is just a way to divert hunters funds. Project teams should take up this idea and implement on. But they won't, cos all they want is for their project to be promoted and at the end they do what they wish with hunters.

nwosuchristabe2

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Quote from: Danda23 on February 10, 2019, 01:24:24 PM

There have been so much issues arising from bounty hunters doing kyc. So many bounty hunters are against it. Also looking at what kyc means, it means know your customer and bounty hunters are not customers.

So my thought is this: if there must be kyc , it should be done before the start of the bounty. If you pass the kyc, you start the bounty but if you fail, you just leave it and look for some other promising bounty.

What do you think about this?

Am in full support of your concept. It would be very disappointing to know that you are expected to complete a kyc to get rewards after going through the bounty for over 3 months. The process of carrying out some kyc procedures are very stringent and the information required are mostly unnecessary, especially due to the fact that we are not investors.

Topic: Change Of KYC Pattern - page 5. (Read 18788 times)