Topic: KYC is simply just to cheat bounty hunters. - page 31. (Read 79959 times)
There is a lot of information about the KYC process as a whole, because it’s really a very strange process that has a lot of bugs, if you thought about what you do with your documents, then you would understand that it is not safe.
I do not like the projects where you need to go through the KYC check.Although there are a lot of good projects where it is needed and it is sad.I think everyone who participates in Bounty needs to carefully read the terms of the project so that then do not stay with nothing.
I see many bounties change the rules after the campaign ended. In the beginning, they stated no need KYC to join their bounties but after the bounties ended, they announced to do KYC for the reward distribution. Moreover, they cut the bounty allocation after participants do KYC. Finally, participants only get pennies even though they did KYC. Suffer two disadvantages at once. 
I think.so, KYC is one way to cheat the hunters even sometimes it is not. But asking KYC after bounty over is a big cheat.
Main KYC function is prevent to participate us citizens in the project, how investors so bounty hunters.
To accept us citizens need to register your project in sec
One of those reason is this, as US citizens have more qualifications but also to avoid multiple accounts where bounty hunters will be selected account per accounts before they can receive rewards out from the bounty projects after they finish their task, and after finishing the kyc procedure if you are not hiding anything and you believe with the project that you joined providing details about your participations will be easy. To accept us citizens need to register your project in sec
If you have nothing to hide, KYC should be fun. I don't consider KYC as a means to cheat bounty hunters, the companies requesting KYC only want to save their heads in event of any problems associated with the use of their tokens! Only thing that worries me about KYC is issues of identity hijacks.
I think it comes this way, KYC is to know your customer, and it can help to detect scammers and cheaters in a bounty program, also some projects also use it to cheat their hunters anyway.
Main KYC function is prevent to participate us citizens in the project, how investors so bounty hunters.
To accept us citizens need to register your project in sec
To accept us citizens need to register your project in sec
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.
as I know, in bounties that I joined that requires kyc, you can't join and get approved if you haven't been approved in your kyc requirement, I know kyc is required to limit the cheaters but ICO projects use it to scam participants 
If it wasn't absolutely necessary, no one would have done it. Think about how much time and money it takes to collect personal data of investors...
It correct. I think KYC is not suitable for bounty and airdrop members due to the amount of Token for bounty and airdrop is less than 5% of total supply token. KYC is forced to investors, who invested more than 10 ETH and the amount of Token for sale is more than 50%.
If it wasn't absolutely necessary, no one would have done it. Think about how much time and money it takes to collect personal data of investors...
It correct. I think KYC is not suitable for bounty and airdrop members due to the amount of Token for bounty and airdrop is less than 5% of total supply token. KYC is forced to investors, who invested more than 10 ETH and the amount of Token for sale is more than 50%.
I will only agree with you if KYC is later imposed on you after you've worked and due for rewards. Its really annoying when bounty managers don't make the rules straight but always try to meander it here and there.
KYC is to cheat the investor but not much to the BOUNTY hunter, so I think your statement is not correct, with KYC usually good projects of their size with KYC requirements.
I do not agree with these rules and I believe that we should not pass this test.
Although I also share your dislike for KYC rules, I do not think there is room here for this measure, but in a way the bounty hunters are also investors, because the tokens they receive also affect the market in which the ICO is, so it is not fair to say that they are being cheated, it is simply something we do not like and that's it.
I dont believe that their purpose is to cheat bounty hunters but most likely they dont know what they are doing, KYC for bounty utilty token is not nesseceary . They are just afraid that they will get in legal problems if they dont kdo all out KYC.
Now I'm a little more loyal to KYC. But still it seems to me that it is too personal - to give your passport details. There are a lot of great bounty which allow you to participate not asked to go through KYC
Some KYC projects may be fraudulent because they require our privacy as a way to make money, but some projects that have already entered the market also need KYC, which I think is acceptable!
Maybe it's one way to overcome that uses multiple accounts in a campaign. KYC is often used for bounty hunters. With the aim of many fraud bounty hunters. But not all projects that carry out bounty campaigns do so.
By using KYC, I think this is very good because it can limit participating participants and provide concrete evidence that participants do not have many accounts. And I was a bounty hunter also often uses KYC to get prizes and I receive this award. There may be many people who do not agree with KYC to send personal data.
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