Topic: KYC is simply just to cheat bounty hunters. - page 34. (Read 79987 times)
I think the main idea of KYC is to create a base of people who participate in the crypto markets in order to control the market as much as possible.
I'm of the opinion that KYCs are needed in bounties due to enormous amount cheats that have crept into the crypto space. We constantly complain of scam projects and con artists in the space, but cheaters in bounties are doing the worst too. From impersonating legitimate participants and taking stakes for the work to joining with multiple account and bots. So this for me is the reason KYC is needed.
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.
i agree with you strongly, because in the first place some people or most of the people that do bounties including me will not touch any bounties that needs kyc because we don't have enough valid ID's to present.
I think that is an act that is inconsequential. because the important bounty hunter is how he can promote the project well, but sometimes the KYC burdens him. 
right, the most important thing is how they work not their identity. KYC only makes bounty hunters lose interest in the project, because their bounty hunters only know that they work to be paid without having to go through a long-winded stage. a very good project will not burden members who make it successful, including bounty hunters. 
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.
This is yes. Plus massive KYC is nothing more than the collection of personal data.Which then trade. One of the latest striking examples of facebook.
I think that is an act that is inconsequential. because the important bounty hunter is how he can promote the project well, but sometimes the KYC burdens him.
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Don't consider KYC in this way.
It is just a method to prevent fraud and you should realise it! For me KYC is a usual process and I don't have difficulties to pass it.
It is just a method to prevent fraud and you should realise it! For me KYC is a usual process and I don't have difficulties to pass it.
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.
I think its rather so governments can tax the hell out of you
I do not consider the passage of KYC for bounty hunters a big problem. Now, every time I start to participate in a new bounty company, I am ready for the fact that I most likely will need to go through KYC. It's time to get used to it
Yeah, I know that KYC just for collect bounty hunters indentification. For bounty hunters better if you guys avoid that bounty. I think KYC needed just for big investor only, for airdrop and bounty hunter are useless thing, consider they just get little amount after give their document.
I agree with you, many people refuse to do KYC, and some ICOs and bounty Managers decide to inform the participants the needs of KYC after the bounty period end so many participants will not do KYC so they will lost their rewards.
I seriously don't have any issue with KYC for bounty participants, the only issue I have is about those projects that will not indicate it at the start of the bounty campaign. Such act is bad and it doesn't speak of the intention of the project team.
We have several bounty hunters with several account and are out to cheat and scam, in order to get this reduce reason why KYC is neccessary, KYC is not meant for investors alone,ones you get involve in bounty you become a stakeholder in the project. KYC is not to cheat bounty hunters but enhance the project value
It’s cold to listen normally will be very unpleasant if your personal data is sold on the Internet market. Today there are quite a lot of Bounty companies that do not require kyc registration, and as a result, no one gets anything.
We have several bounty hunters with several account and are out to cheat and scam, in order to get this reduce reason why KYC is neccessary, KYC is not meant for investors alone,ones you get involve in bounty you become a stakeholder in the project. KYC is not to cheat bounty hunters but enhance the project value
KYC is not a secure document transfer process, which today for some reason is very common among developers, but few investors and bounty hunters correctly understand what to do with it and what danger it carries.
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.
Well that's your view, maybe it's not From the very start ask your bounty manager if the rules are already firm and final.
But the sad thing is before you are going to ask them, you'll see one rule that allowed them to change any rule as they wish.
But the sad thing is before you are going to ask them, you'll see one rule that allowed them to change any rule as they wish.
This rule is thier for purpose of late change.
That's what you called transparency, if the team will do that they will gain respect from the community.
Reputation is very important to the team than the bounty hunters because that will attract money to them and they will gain support from investors,
so they have to understand that and those who break the rules will never survive because bounty hunters are many, they can help you in promoting
your project and they can ruin you as well.
Reputation is very important to the team than the bounty hunters because that will attract money to them and they will gain support from investors,
so they have to understand that and those who break the rules will never survive because bounty hunters are many, they can help you in promoting
your project and they can ruin you as well.
The reputation of the project is very important, especially in a market like this. It is important that the bounty hunters are not silent in cases of fraud or fraud.
I am very inspired by the cases when deceived bounty hunters seek some kind of justice.
KYC requirement should be fulfilled before the start of the work so that any shortcoming pointed at out may be corrected rather than at the end of the bounty programme because unfulfilling cause lot of regret.
The procedure for using KYC for bounty hunters, in my opinion, is very good. We can see that there are many scammers and if they use KYC they can be reduced. And for KYC it's better to announce it at the beginning of the campaign so that bounty hunters know and they will definitely prepare what is needed. And hopefully, the project that uses KYC can succeed.
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