Topic: KYC is simply just to cheat bounty hunters. - page 8. (Read 79997 times)
KYC should be required only if participants agree about the verification progress before he join the bounty campaign and not at the end, when rules suddenly change. That is not a fair proceeding.
KYC is for security of the ICO team which then can use to not sell tokens and rewards bounty hunters which resides on any restricted countries.
Though there are many ICO team who just want to cheat and scam people and sell the KYC to third parties.
Which they can get more money. As for now KYC is one of the most dangerous systems in the community
Though there are many ICO team who just want to cheat and scam people and sell the KYC to third parties.
Which they can get more money. As for now KYC is one of the most dangerous systems in the community
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.
The KYC passage must undoubtedly be marked at the very beginning, and not after the work on the bounty company is completed, by bounty hunters.If the opposite happens, then something is wrong and you need to think about how to proceed.
Am in support of this your view about KYC for hunters. It will be fine if KYC is requested at the beginning of the campaign because only those that have document for it will get involved in it but any KYC at the end of a campaign is just a way to cheat hunters.
To earn the few bucks sharing our own information is not the right choice in my point of view, because if that is scam project they sell the data to any information collection center for money.
We should not be a advertisement victim because of them.
If the ICO team is really worth they we can invest our fund, participate in bounty or work with them.
We should not be a advertisement victim because of them.
If the ICO team is really worth they we can invest our fund, participate in bounty or work with them.
I began to hesitate to follow the rules, some people said my data was not safe and the company could just sell data like the Facebook case some time ago.
I will choose not to provide my data.
Providing KYC really have PROS and CONS and we have to be very careful in giving our personal information. Identiy theft is quite common for those person who have given their personal details to someone. I hope there will be a protection for all Bounty Hunters with regard to KYC. I will choose not to provide my data.
I believe KYC is to stop bounty abusers. As a bounty hunter we can create many accounts to take advantage of the reward. That is why KYC are being implemented. But i dunno that is just my opinion.
But this cannot be the real reason since they were asking the KYC after the completion of campaign means they simply want to cut of the rewards to their participants.
I believe KYC is to stop bounty abusers. As a bounty hunter we can create many accounts to take advantage of the reward. That is why KYC are being implemented. But i dunno that is just my opinion.
But this cannot be the real reason since they were asking the KYC after the completion of campaign means they simply want to cut of the rewards to their participants.
I believe KYC is to stop bounty abusers. As a bounty hunter we can create many accounts to take advantage of the reward. That is why KYC are being implemented. But i dunno that is just my opinion.
But this cannot be the real reason since they were asking the KYC after the completion of campaign means they simply want to cut of the rewards to their participants.
Be careful with the project that uses KYC. Especially KYC is used for bounty hunters. Personal Data includes confidential documents that you should keep. Many people utilize the personal documents of others to commit crimes. Before you do KYC check. If you're sure, you can try it, but if you find any doubt it's better to choose another project.
You can ask the bounty manager if he can give you information, That's needed kyc for managing his bounty. In fact, it is a lot that the project team member decides to accept, and at any time they can break their rules.
I believe KYC is to stop bounty abusers. As a bounty hunter we can create many accounts to take advantage of the reward. That is why KYC are being implemented. But i dunno that is just my opinion.
The only thing I will say KYC is simply just to cheat bounty hunters is when the project is a scam or some ICOs are abusing the KYC process but aside that its good for bounty hunters. This detects the genuine investors from the bad ones.
Recently, Bounty companies have abused various forms to fill in personal data to make the distribution of rewards for many Bounty company members impossible. After the end of the bounty, companies move in to new requirements to fill out KYC, then after a certain time they offer another form to fill in and so on to infinity.
The only thing I will say KYC is simply just to cheat bounty hunters is when the project is a scam or some ICOs are abusing the KYC process but aside that its good for bounty hunters. This detects the genuine investors from the bad ones.
I don't see anything bad doing kyc if it is well organized, for instance requesting for kyc at the at the appropriate time like before starting the bounty campaigns. If there can be a way kyc can be done through video and only recognize a face and Verify it, most even ask for a passport like the information there is that cheap.
I don't think so. KYC is meant to phish out the bad ones from the genuine ones not to cheat bounty hunters. However, some ICOs and bounties abuse this KYC program.
yes kyc is bad things for you but not for us!lots of cheap fake bounty use multiple account to cheat fund and thats why kyc is good and i support kyc system.be real and take free money!dont cheat .
Many bounties fail in the end of 2018. They do not distribute or distribute but their projects do not ultimately attract investors' attention and fail. I don't know what they will do with the bounty hunter information
Sold it in the dark market? I hope they will not do that, otherwise, our information will be compromise or life might be at risk.
KYC is really risky if the one that are holding the information is not reputable.
yes kyc is bad things for you but not for us!lots of cheap fake bounty use multiple account to cheat fund and thats why kyc is good and i support kyc system.be real and take free money!dont cheat .
Many bounties fail in the end of 2018. They do not distribute or distribute but their projects do not ultimately attract investors' attention and fail. I don't know what they will do with the bounty hunter information
For the first time now I am following bounty that requires participants to do KYC at the beginning of the campaign and I've done it, I don't know this to avoid scammers or will cheat all participants who join, can only confirm and see when bounty ends
Not always true. So many bounty hunters are cheaters who register with multiple accounts numbering from 10 - 100 in Telegram, twitter and Facebook Campaigns to satisfy their greed. Only kyc can weed them out and reward legitimate participants
I have seen some guys can do KYC with over 100 accounts when they joined the bounty program by photoshop, not all their account passed but they succeed over 50 percents. Jump to: