Topic: KYC is simply just to cheat bounty hunters. - page 13. (Read 79997 times)
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KYC is good so as to limit scammers that use other people details to register for the bounty. But the only issue is that most bounty don't request it before the bounty begins they only request at the end of bounty, sometimes people who genuinely work for the token loose their reward in that process
Then you should ask it at the first place is this bounty really need KYC or not to claim the tokens. Actually KYC is not always that bad, i already said this so many times on other thread. KYC is also help other bounty hunters by eliminate all multiple accounts, so you will get more stakes and more tokens.
KYC shouldn't be used for eliminating the cheating issues and that's why we agree with the terms&conditions before investing in the ICOs. Bounty payments are not used for money laundering or similar cases so applying KYC is not a good idea. 
Then you should ask it at the first place is this bounty really need KYC or not to claim the tokens. Actually KYC is not always that bad, i already said this so many times on other thread. KYC is also help other bounty hunters by eliminate all multiple accounts, so you will get more stakes and more tokens.
This procedure may be good for investors, but it is extremely negative for the bounty. I hope in the near future for bounty hunters will cancel it.
All campaign bounty will not anandon KYC. in my experience, there are a lot of cheaters in bounty campaigns without KYC.
This increases the load on bounty managers and degrades the quality of bounty.
Just dont say that there is no difference how many accounts a person uses to participate in the bounty. There is a diffrence.
Time has shown that ICO should change, and ICO changes. Everyone knows about the IEO and STO.
Following ICO bounty will also change. And maybe not for the better
To a greater extent, KYC should not be for the bounty hunters. Even generally, KYC negates the anonymity nature of cryptocurrency. However, if KYC would be done by any project, I think it should be done for certain people holding a greater percent of the tokens, those holding negligible amount of it should not be unnecessary bothered with KYC.
KYC is one of the simple way for the bounty manager and also for the management of the project to make sure that there is no cheating or abuse in the bounty hunting project. They all just want to provide good opportunity for the people and they just want fairness so the people will get equal opportunities.
its more fair for all participants if kyc used to prevent bounty cheating.but developers team mush able to give guarantee to their bounty participants that will not sell the document.and also bounty value for giving our personal document.your data, understanding the reason behind why KYC is needed vs important information where security will be at risk, then without assurance
that the amount of rewards you'll gonna take will be enough reason to passed the required information.
This procedure may be good for investors, but it is extremely negative for the bounty. I hope in the near future for bounty hunters will cancel it.
It seems to me that it is insane to demand KYC for the participants of the bounty and aerdrop. This is illogical and unrealistic. 
KYC is one of the simple way for the bounty manager and also for the management of the project to make sure that there is no cheating or abuse in the bounty hunting project. They all just want to provide good opportunity for the people and they just want fairness so the people will get equal opportunities.
its more fair for all participants if kyc used to prevent bounty cheating.but developers team mush able to give guarantee to their bounty participants that will not sell the document.and also bounty value for giving our personal document. 
This procedure may be good for investors, but it is extremely negative for the bounty. I hope in the near future for bounty hunters will cancel it.
I agree with this one.. First of all, in the beginning of the campaign bounty managers should state that there is a KYC to get the reward token..this way hunters will decide if they will join or not.. its simple they don't want to give the reward token to the bounty hunters
KYC is one of the simple way for the bounty manager and also for the management of the project to make sure that there is no cheating or abuse in the bounty hunting project. They all just want to provide good opportunity for the people and they just want fairness so the people will get equal opportunities.
I think that is a very bad way for bounty hunters. KYC is a procedure for investors who want to buy ICO coins. Prize hunters are not investors, only participate in the prize. And I agree more if KYC is at the start of the prize campaign. So that every bounty hunter who will participate can make a decision.
true, because bounty hunters work as a basis for promoting their programs, without buying and being different from ico investors, so it is not necessary for bounty hunters to need this procedure, more painful if they have carried out the procedure without compensation at all, yes it is more suitable for ico investors or ico developers.
I think that is a very bad way for bounty hunters. KYC is a procedure for investors who want to buy ICO coins. Prize hunters are not investors, only participate in the prize. And I agree more if KYC is at the start of the prize campaign. So that every bounty hunter who will participate can make a decision.
Big exchanges, and big crypto platforms don't cheat their customers via KYCs, I believed. Of course, there are so many kind of attacks, risks of data leaks due to security holes that not found and fixed at different period, but with big ones (exchanges, and platforms), we can believe in them about their security.
For small platforms, if you accept to do KYCs, you should know that you already accept risks with their security issues or with their potential bad intention behind their KYC requirements. Accept risks and do KYCs to get free money or don't accep risks and secure your identities better.
For small platforms, if you accept to do KYCs, you should know that you already accept risks with their security issues or with their potential bad intention behind their KYC requirements. Accept risks and do KYCs to get free money or don't accep risks and secure your identities better.
To my understanding, KYC simply means "Know your customer". Investors(customers) who participate in ICO are made to go through KYC process before they are even allowed to purchase their tokens. On the other hand, Bounty hunters are just "part time workers" of the project and not customers. Even if they will be made to go through a KYC process, it should be before they start working and not after. Waiting for them to finish working for the project and refusing to pay them because they failed to pass KYC afterwards is a total cheat.
indeed KYC should only be aimed at investors, bounty hunters are only workers who promote the project in accordance with the campaign being followed, I have no problem following a project that requires KYC, but the rules of the kyc must be notified at the beginning of the bounty
We do not need to keep bothering ourselves about what happens in the space about KYC. It is quite obvious that there are so many projects who steal people's identities, most especially those of bounty hunters and investors and sell them out to those who request for them.
We do not need to disturb ourselves over them again, rather we should just ignore.
I know that what you are doing is to bring about more awareness on the dangers attached to KYC, which is good.
We do not need to disturb ourselves over them again, rather we should just ignore.
I know that what you are doing is to bring about more awareness on the dangers attached to KYC, which is good.
How does kyc cheat bounty hunters, because you cant open 12 different accounts to cheat the bounty?
Sounds like someone's mad.
Sounds like someone's mad.
It is really difficult to make absolutely accurate statements for all. But in my opinion, our Bounty hunters for KYC verification may be reasonable but sometimes unnecessary and even wasting time You are in 2 or 3 months so you still provide KYC and then the Bounty project manager disappears this makes me disappointed.
To my understanding, KYC simply means "Know your customer". Investors(customers) who participate in ICO are made to go through KYC process before they are even allowed to purchase their tokens. On the other hand, Bounty hunters are just "part time workers" of the project and not customers. Even if they will be made to go through a KYC process, it should be before they start working and not after. Waiting for them to finish working for the project and refusing to pay them because they failed to pass KYC afterwards is a total cheat.
KYC process is something normal considering the anti money laundry and all the other dark organizations, but in the same time there is no guarantee for the safety of the personal data and nobody has to answer for it, this is the sad part.
I think it's also the same that the KYC system is just bullshit not according to what they say, I went through the procedure but only the wind passed without a present. now I always avoid it.
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