Is KYC For Bounty Hunters Good? Lets Share Our Views!

miningguru

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Quote from: JollyGood on May 08, 2019, 11:20:36 AM

Quote from: Nanbaka on May 08, 2019, 07:42:11 AM

That's why before they do a bounty make sure they added a details will the project need a KYC or NO. Doing a KYC in a last minute is considered a scam attempt for the bounty hunters an excuse not to distribute. That's why I don't like participating in a bounty that need your verification to participate.

I agree. All those that ask for bounty at the last minute are not worth trusting.

Since bounty participants give their time in the bounty they should check and verify all details to ensure the bounty program is real and that they will receive their bounty.

Yes, we should always follow their channels in order to get an update about their progress, Of course, most of the bounties don't have any real product. Even sometimes it is impossible for bounty promoter to find out the best one because, in the beginning, it is impossible to find the best one for getting the payment from the company.

Hughes_Ryan

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Quote from: MOProgress on October 20, 2018, 07:28:14 AM

In recent times there has been several ICOs introducing KYC for bounty hunters, and that has made many Bounty hunters to feel bad.

I would like to share my opinion over this issue. I never see KYC as a bad idea, KYC will actually reduce scammers from using multiple accounts for one bounty and that will also give the genuine hunters the space to earn more in their bounty hunting.

The place I have issues with ICO projects running bounty programs is the idea of some projects that introduce KYC at the end of the bounty program which I really feel it should not be so. It is the same thing as those who used multiple accounts during the bounty because it will still reduce the amount the genuine hunters will earn.
If KYC should be introduced at the end of bounty, the left over coins/token should be distributed among the genuine hunters otherwise I see it as the same scam to the genuine bounty hunters:

Anyway, this is my own view, If you have a contrary view, please share it. I would like to know more also.

With the formation of the IEO. I think the market trend is going into a higher concentration. Implementing IEO and KYC is a form. Not only about projects, but exchanges like Latoken or Idax also target KYC for traders. In addition, 2018 - a real year of crisis with countless scam projects. KYC may not be a question button but it has space to create assurance. At least that's what I feel.

JollyGood

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Quote from: Pamadar on May 23, 2019, 02:42:26 PM

Quote from: superving on May 15, 2019, 06:40:42 PM

Quote from: akela04 on May 14, 2019, 11:47:03 AM

Now many projects are beginning to require the passage of KYC. I see that the majority of bounty hunters have no desire to go through, although some calmly relate to this. I pass KYC only when I am confident in the project.

Yes youre right almost all bounty campaign and airdrops ask for kyc in order to get your reward. I dont like kyc thats why ive join in a bounty campaign that doesnt require it cause i have experience in bounties that requires kyc and waited for more than six months but didnt get anything.

There's numbers of airdrops and bounty campaigns who required Hunters to provide KYC, claiming to protect the project from abuser so it's now then being asked after or some before the campaigns started, it's the hunters own will whether to join or not to this kind of requirements,.

I sympathise with bounty participants who suffer when project owners ask for KYC after the work has been completed. That is just them abusing their power because they control the situation and it is an excuse for them to keep hold of the bounty.

asritajudin

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I totally disagree with kyc for the bounty hunters and I must say that it is not proper but some project dev or team does not understand the purpose of kyc that is compulsory mainly for the people that are investing $500 and upwards.

Pamadar

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Quote from: superving on May 15, 2019, 06:40:42 PM

Quote from: akela04 on May 14, 2019, 11:47:03 AM

Now many projects are beginning to require the passage of KYC. I see that the majority of bounty hunters have no desire to go through, although some calmly relate to this. I pass KYC only when I am confident in the project.

Yes youre right almost all bounty campaign and airdrops ask for kyc in order to get your reward. I dont like kyc thats why ive join in a bounty campaign that doesnt require it cause i have experience in bounties that requires kyc and waited for more than six months but didnt get anything.

There's numbers of airdrops and bounty campaigns who required Hunters to provide KYC, claiming to protect the project from abuser so it's now then being asked after or some before the campaigns started, it's the hunters own will whether to join or not to this kind of requirements,.

lovesybitz

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KYC as much as possible is required only for the investors only not for the bounty hunters.
Its really annoying actually if some of the bounty campaign will not announce about the Kyc then
in the end of the project, at once they will announce that bounty hunters need to submit kyc without giving any
information from the beginning of the project. And worst sometimes, for us to get the rewards we can't able to receive the token
because their kyc has been disapproved which is too unfair,.

superving

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Quote from: akela04 on May 14, 2019, 11:47:03 AM

Now many projects are beginning to require the passage of KYC. I see that the majority of bounty hunters have no desire to go through, although some calmly relate to this. I pass KYC only when I am confident in the project.

Yes youre right almost all bounty campaign and airdrops ask for kyc in order to get your reward. I dont like kyc thats why ive join in a bounty campaign that doesnt require it cause i have experience in bounties that requires kyc and waited for more than six months but didnt get anything.

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Quote from: shoreno on May 14, 2019, 07:15:06 AM

Quote from: JollyGood on May 14, 2019, 06:40:44 AM

Quote from: bonker on May 13, 2019, 06:52:02 AM

There are some advantage for the legit bounty hunters if a project has KYC because no alts will receive rewards so based on calculation the remaining participants will be divided with total allocations but have more risks than benefits,our valuable information is on the hands of someone and we need to trust them that they won't abuse it.

That might be true but what does not help is the number of projects which ask for KYC after the bounty has ended - to use as an excuse to scam bounty participants.

yes that may seem inapropriate anymore to request for a kyc after a bounty has ended but who knows ? maybe this is the stategy of ther bounties to be able to combat abusers ? if you have the valid i.d's required for a kyc then dont hesitate to do a kyc as long as you are confident that the bounty that you'v joined is real or you may want to give them a free advertising didnt you ?

The result will be same een if they asked for KYC after the bounty ended that there will be no rewards,all our efforts went into vain with our personal information as well.Personally I am not comfortable to give it to anyone but it changes with different individuals.

akela04

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Now many projects are beginning to require the passage of KYC. I see that the majority of bounty hunters have no desire to go through, although some calmly relate to this. I pass KYC only when I am confident in the project.

shoreno

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Quote from: JollyGood on May 14, 2019, 06:40:44 AM

Quote from: bonker on May 13, 2019, 06:52:02 AM

There are some advantage for the legit bounty hunters if a project has KYC because no alts will receive rewards so based on calculation the remaining participants will be divided with total allocations but have more risks than benefits,our valuable information is on the hands of someone and we need to trust them that they won't abuse it.

That might be true but what does not help is the number of projects which ask for KYC after the bounty has ended - to use as an excuse to scam bounty participants.

yes that may seem inapropriate anymore to request for a kyc after a bounty has ended but who knows ? maybe this is the stategy of ther bounties to be able to combat abusers ? if you have the valid i.d's required for a kyc then dont hesitate to do a kyc as long as you are confident that the bounty that you'v joined is real or you may want to give them a free advertising didnt you ?

JollyGood

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Quote from: bonker on May 13, 2019, 06:52:02 AM

There are some advantage for the legit bounty hunters if a project has KYC because no alts will receive rewards so based on calculation the remaining participants will be divided with total allocations but have more risks than benefits,our valuable information is on the hands of someone and we need to trust them that they won't abuse it.

That might be true but what does not help is the number of projects which ask for KYC after the bounty has ended - to use as an excuse to scam bounty participants.

EducoinVietnam

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I have seen different opinions on this issue. But now I am convinced that there is nothing wrong with KYC technology for the market and users. It is so important to be confident in the legality and honesty of the proposed project - in this way it will be possible to provide important advantages for investors and bounty hunters.

bonker

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There are some advantage for the legit bounty hunters if a project has KYC because no alts will receive rewards so based on calculation the remaining participants will be divided with total allocations but have more risks than benefits,our valuable information is on the hands of someone and we need to trust them that they won't abuse it.

JollyGood

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Quote from: superving on May 09, 2019, 09:56:03 AM

For me doing kyc in bounties is not good. Ive participated 5 bounty that requires kyc, gave all the documents they want waited 1 months to get approve , waited 15 days for distribution but in the end the project is a scam. With all the effort youve made to pass kyc you wont get nothing in return.

What happened to you is sadly very wrong but getting more and more common. I feel sorry for you.

People need to understand that just because bounty managers ask for KYC it does not mean they are genuine and does not mean they are working for genuine projects.

In the end bounty hunters wasted their time promoting a scam and gave up their personal identification and documents in the process which could not be offered for sale to criminals.

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Quote from: JollyGood on May 08, 2019, 11:20:36 AM

Quote from: Nanbaka on May 08, 2019, 07:42:11 AM

That's why before they do a bounty make sure they added a details will the project need a KYC or NO. Doing a KYC in a last minute is considered a scam attempt for the bounty hunters an excuse not to distribute. That's why I don't like participating in a bounty that need your verification to participate.

I agree. All those that ask for bounty at the last minute are not worth trusting.

Since bounty participants give their time in the bounty they should check and verify all details to ensure the bounty program is real and that they will receive their bounty.

When i see something like that, it actually extend bounty reward too. My friend feel that thing when he join bounty campaign, and almost time for distribution, he should do KYC and devs team said need more time to check participant's KYC first and delay distribution. Grin

Nanbaka

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KYC for bounty hunters is should be not needed for some reason unless the campaign feels that some are trying to exploit that's the time they're going to implement it. Doing a KYC is a hassle to do and not guarantee your account will be verify.

superving

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For me doing kyc in bounties is not good. Ive participated 5 bounty that requires kyc, gave all the documents they want waited 1 months to get approve , waited 15 days for distribution but in the end the project is a scam. With all the effort youve made to pass kyc you wont get nothing in return.

JollyGood

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Quote from: Nanbaka on May 08, 2019, 07:42:11 AM

That's why before they do a bounty make sure they added a details will the project need a KYC or NO. Doing a KYC in a last minute is considered a scam attempt for the bounty hunters an excuse not to distribute. That's why I don't like participating in a bounty that need your verification to participate.

I agree. All those that ask for bounty at the last minute are not worth trusting.

Since bounty participants give their time in the bounty they should check and verify all details to ensure the bounty program is real and that they will receive their bounty.

Nanbaka

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Quote from: JollyGood on May 05, 2019, 11:37:20 AM

Quote from: fourpiece on May 05, 2019, 09:06:47 AM

The last signature campaign ive participated requires kyc, i provided documents and still pending for almost 3 weeks, and its not clear if we will recieve the bounty cause no one is answering thier telegram group.

All the signs suggest they are scammers.

They really should have been in touch with you by now but their silence speaks volumes.

That's why before they do a bounty make sure they added a details will the project need a KYC or NO. Doing a KYC in a last minute is considered a scam attempt for the bounty hunters an excuse not to distribute. That's why I don't like participating in a bounty that need your verification to participate.

JollyGood

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Quote from: Kasabus on May 07, 2019, 06:49:42 AM

Most likely the project does not raise a good amount of money, we should know if we are participating in a good project or not, because good project usually pays their bounty hunters, it doesn't matter if it's delayed as long as they will pay.
The bad part is if they will require you KYC when they are not actively answering queries, we should not trust them.

Exactly. If they cannot be bothered to even answer questions or remain active in other ways then there is no need to trust any project.

In the end they need bounty participants to promote projects therefore they should always ensure to take steps that do not alienate bounty participants.

Topic: Is KYC For Bounty Hunters Good? Lets Share Our Views! (Read 2218 times)