Being not against KYC in general I still can't understand the logic behind statements a la "KYC is required for bounty hunters to limit the amount of cheaters and scammers". What are bounty campaigns for? They are for promoting a project, aren't they? And if a "cheater" is promoting a project with multiple accounts, he/she is still promoting it, right? Someone with 10 accounts can be more helpful for a project than 10 different persons, and that's why, imo, he/she deserves a bounty in accordance with what they have done for the project.
Topic: KYC for bounty hunters Yes or No - page 3. (Read 646 times)
I think, Kyc shouldn't need for Bountyhunters. And I don't usually join with bounty campaigns that want kyc. Because I don't want to give my credentials to a project that is too new. Because the new projects have not time to create a more reliable environment.
There is a very difficult situation, on the one hand, KUS needs to protect against bot farms, on the other hand, I don’t want to trust my personal data to any particular project, there are many scammers now.
Logically right, the developers also protecting their business with possible scammers and opportunist but in the other hand I will also put myselfin your position I will not entrust my personal information to something that im not sure about, unless I really havea big trust with the team and the project that they've created maybe I'll be joining and allow them to gather my real identity if its really needed.
Kyc for bounty hunters shouldn't be, this should be mandatory for investors putting money and if at all there will be kyc for hunter it should be a very light one.
It seems to me that this rule is invented for project developers. ICOs teams must adhere to the laws of different countries and in any case not to violate them. But on the other hand bounty hunter have the right to anonymity.
There is a very difficult situation, on the one hand, KUS needs to protect against bot farms, on the other hand, I don’t want to trust my personal data to any particular project, there are many scammers now.
may use kyc in the bounty, but please look again at the project, because now many kycs that are misused by irresponsible people, before renting the bounty it's good to see the whitepaper and see how the project goes
As per my opinion KYC is mandatory for both(investors and bounty hunters).because investors are hold the coins and bounty hunters are also hold the coins, and therefore both pass the KYC.There is nothing disturbing in it.
Most bounty participants are not too comfortable with kyc requirements especially when what they are getting from the bounty us not something substantial and that is the more reason why I lot will actually agree with it just for the sake of the bounty reward by sending incorrect information for the sake of protection.
From my point of view KYC is not necessary for bounty hunters. Because bounty hunter is helping to advertise project not as costumer. I have no idea what they will do with the information given from us. I disagree KYC for bounty hunters.
Actually it became a controversy over the existence of KYC for the participants because also more and more who commit fraud or cheating make the bounty managers implement this to be able to avoid fraud
Yes kyc means to me of course is knowing your costumer but it takes a deep reason why some projects need this bounty hunter to comply this rules,.especially also for the cheaters who do multiple accounts,.so its better to do this way and usually uts a legit campaign if a project needs to require kyc.
I think kyc is good procedure as a whole for maximum transparency to know about each and every holder of the token, while i also agree with the argument that as bounty hunters have not invested any money do they do not fall under this requirement, as one of the main purpose of kyc is to who invested how much in a project so that taxation and regulatory things can be made easy and compliant.
Well said and I agree with you. Being a bounty hunter who promote their project does not need to undergo KYC procedures as we are just less than 3% of the total token that will be divided to many participants of the bounty. This is not fair to us as we work with the team to promote the project. 
From my point of view KYC is not necessary for bounty hunters. Because bounty hunter is helping to advertise project not as costumer. I have no idea what they will do with the information given from us. I disagree KYC for bounty hunters.
Actually it became a controversy over the existence of KYC for the participants because also more and more who commit fraud or cheating make the bounty managers implement this to be able to avoid fraud
This is always a YES, why? because a lot of the bounty hunters, use alternative accounts to promote projects, so KYC is intended to eliminate spam and real accounts, there is nothing to worry in it, its for the protection of bounty campaign, so eliminate spammers and alternate accounts. IF you have true to yourself to nothing to worry in it.
What i think is bounty hunters do not need KYC to he completed.
Bounties ate just meant for promotional parts and it is not necessary for them.
Infact KYC should be made a must by every investor as it is a need for investors.
Bounties ate just meant for promotional parts and it is not necessary for them.
Infact KYC should be made a must by every investor as it is a need for investors.
From my point of view KYC is not necessary for bounty hunters. Because bounty hunter is helping to advertise project not as costumer. I have no idea what they will do with the information given from us. I disagree KYC for bounty hunters.
hy all,
please i m sorry asking this or...
i know that someone else might posted this earlier but i want to confirm why is KYC necessary for bounty hunter?
or do you think KYC is for Investors alone or for both.
but to me i found out that kyc is just for investor because bounty hunters are just to promote the project and make the ico successful so i don't see any reason why kyc should be for bounty hunters.
to me proof of authentication is enough to cover the kyc because most times some people tries to cheat in the bounty campaign by submitting multiple account in a particular project, but the aids of the proof of authentication will help reduce the cheating and the rest.
so now tell me what do you think and what are you ideas?
please i m sorry asking this or...
i know that someone else might posted this earlier but i want to confirm why is KYC necessary for bounty hunter?
or do you think KYC is for Investors alone or for both.
but to me i found out that kyc is just for investor because bounty hunters are just to promote the project and make the ico successful so i don't see any reason why kyc should be for bounty hunters.
to me proof of authentication is enough to cover the kyc because most times some people tries to cheat in the bounty campaign by submitting multiple account in a particular project, but the aids of the proof of authentication will help reduce the cheating and the rest.
so now tell me what do you think and what are you ideas?
No, I do not agree about KYC for bounty hunters. KYC is only for an investor.
I think there are many ways to reduce bounty cheaters. Not only using KYC.
Bounty is still useful but airdrop for me is not but bounty is useful in the way of if the bounty become successful or listed the coin to the market and when you get more profit. Mostly bounty campaign run minimum 3 months and wait more months to become tradable the token or coins .
It's for multiple reasons. There are thousands of potential cheaters in bounty campaigns, if you didn't have some way of controlling them (e.g. KYC). Then you would end up giving out most of the allocation to cheaters. Also there are regulations to comply with, some people think that tokens are like equity in a company so you need to perform AML to ensure you're not funding terrorists!
Yes this is what really the KYC for bounty hunters are. To avoid spamming of participants, there are lots of potential spammer here in forum that joins a bounty campaign. I did get the point that some ICO are having KYC is also for some truthful bounty hunters, it is for fair treatment to all to avoid getting cheated by some bounty hunter.
Crypto is no longer anonymous. Anonymous this market can not remain more if we want its growth. So KYC is necessary and inevitable.
Jump to: