Topic: KYC for bounty hunters Yes or No - page 5. (Read 646 times)
I'm not a supporter of passing KYC. Initially, it would be correct to KYC procedure passed the creators of projects in order to avoid fraud.
in my opinion KYC is only for investors because they have invested their money in ico and what you say is true for a proof of authentication is very sufficient but if it is a necessity in the claim of payment then there is no other way we have to do to claim our payment
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?
Its gonna be a nuisance for bounty hunters if KYC is required in a bounty campaign program. KYC should only be implemented to the investors because after all, they were the ones who were holding a massive tokens unlike bounty hunters who were only had just few tokens. Some bounty campaigns that has a KYC doesnt have a lots of bounty participants because simple bounty hunters dont like KYC.
KYC for bounty hunters isn't that necessary because most bounty campaigns don't request that though it helps eradicate and minimise fake accounts. It also maintains sanity in the project.
KYC for bounty hunters isn't important. So I don't support KYC for Bounty Hunter. I think KYC is needed for people who invest, not from bounty hunters. For bounty hunters proof of authentication is enough to cover the KYC. Because the aids of the proof of authentication will help reduce the cheating and the rest.
No, of course no.
I can accept if bounty announce it at the start. But i find them dishonest, when they do this at the end. I feel like, they try to reduce the budget with this way.
I can accept if bounty announce it at the start. But i find them dishonest, when they do this at the end. I feel like, they try to reduce the budget with this way.
No. KYC checks can only be conducted in relation to investors, not bounty hunters. The point of this KYC check is to eliminate the laundering of dirty money, that is, the KYC check must be carried out by people who pay money. By the way, some ICO teams admit this.
In addition, the ICO teams themselves do not pass the due diligence themselves, and since there is a large percentage of fraudsters among them, it is very dangerous to send them your data and a copy of your passport.
In addition, the ICO teams themselves do not pass the due diligence themselves, and since there is a large percentage of fraudsters among them, it is very dangerous to send them your data and a copy of your passport.
KYC is not needed, it does not help in the fight against bots, but only ordinary participants are concerned.
For bounty hunters I would say No. You/We don't want to put ourselves at risk of exposing your own personal information right? crypto is supposed to be (psuedo) anonymous so I don't see any reason why we need to go rounds of passing our data. Besides what happens to the docs? Are they completely destroy or are they pass to a third party to be sold off later? Do you want to be a victim of identity thief?
I think that kyc is the right decision. for now there are a lot of scammers with their bots who, with their number, drag the whole pool to themselves. scammers are afraid of kyc, and therefore hunters will get more profit
Let's think about it. How is KYC stands for? I think everyone understands that this is knowing your customer. But bounty hunters are not exactly a customer, so what does bounty hunter have to do with this? No, and in general, I think it is against the law.
You raised this topic correctly. In the relationship between the ICO team and bounty hunters, the clients are the ICO team, that is, the client always pays for the services rendered. Therefore, if you use the KYC system, then the ICO team must pass it in front of the bounty hunters, and not vice versa. This is precisely to the fact that only investors must pass such a test. If anyone wants to eliminate the use of multiple accounts by one person, let him come up with a way not to violate our privacy rights. And in general, the ICO team is in general whether you use one or several accounts all the same. For them, the main thing is that you send useful messages advertising their ICO project. 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!
Cheaters will always cheat. There is a topic here on forum about faking kyc documents and participating in bounties and icos. People just photoshop document and noone can check is it valid document! In ICO usually there is explanation how they need kyc because money laundering law, but that can't apply on bounty because there is no money invested!
I also think that gathering of bounty hunter's personal information is not OK. In most cases purpose of being bounty manager and project investor doesn't coincide.
if kyc indeed to the database and resolving multi-account problems I agree. but if the kyc for bounty hunters is the same as investors, I don't agree. because honestly the bounty hunters only help promote the project, they are not directly involved as investors. so don't equate the kyc procedure with the investor
I like bounty campaigns with the obligatory passing of KYC. It is thanks to KYC that we can avoid participants with multi-accounts.
It is not a big problem fir bounty hunter to pass kyc, but ftom project owners it is not reasonable. Moreover it is not fear if they announce aboit it after bounty or in the end
Because of the many fraudulent users, KYC is enforced. Actually I don't agree with the KYC that gives personal data to people I don't know by claiming tokens from the bounty. KYC is needed for people who invest, not from bounty hunters.
I completely agree. Definitely not! Bounty participants are not investors and they do not need to undergo a similar procedure.It’s nonsense to say that a KYC is made in order to remove fraudsters and bounty campaigns. Collection of personal information is not good.
The main reason behind it is the one where projects/companies try to insure themselves against any potential violation of law/regulation as those differ from country to country. If you plan to build a serious business, KYC is definitely the way to go, even if this makes a lot of bounty hunters uncomfortable or unsatisfied.
I oppose KYC for participants of Bounty of the program. Even for investors I think this procedure too it is not necessary. Moreover it violates their rights.
Because of the many fraudulent users, KYC is enforced. Actually I don't agree with the KYC that gives personal data to people I don't know by claiming tokens from the bounty. KYC is needed for people who invest, not from bounty hunters.
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