Cheating or NOT Cheating?
Coming from altcoinstalk forum I've experience few projects going against their own rules like saying on promotion page that no KYC will be required and after promotion ends they tell promoters to go and open account on an exchange and pass KYC, what can this be called? Cheating? Any consequences for such projects on this forum? Thank you.
While yes, I agree, some projects have used KYC as a means to cheat participants, you have to look at the other side as well.
Around 30% of bounty participants are fake/alt accounts, and by using KYC, the projects hope to filter them out.
Also, in some campaigns, alot of bots join some easy campaigns like telegram or twitter, so kyc is the only way to remove them