KYC of bounty hunters - page 17. | Bitcointalksearch.org

rxkinglampung

jr. member

Activity: 196

Merit: 2

Kerja Cerdas

Quote from: munareal on January 14, 2018, 01:54:35 PM

Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.

Not all bounty programs of the ICO project require participants to complete the KYC. That is the policy of each project.

So far I have never been objected to the policy. Though many people are concerned about the risk of our identity being scattered and our wallet address is known to be vulnerable to hacker attacks. I am sure and do not worry about it, the most important thing we have reviewed the project and have good prospects, not the SCAM project

Spaffin

full member

Activity: 1316

Merit: 108

Quote from: nothingmiracle on June 21, 2018, 01:44:32 PM

I think this is quite dangerous, the risk is the misuse of identity to do criminality because not 100% Altcoin here is verified, always pay attention by sending your ID documents to the ICOs!

This is not only dangerous, but also illegal. The requirement of the ICO team to participate in the ICO signature campaign to pass the KYC test is illegal, as we are not investors and do not invest our funds in these projects. We do not need to be checked for the possibility of laundering us dirty money. Namely, this is the meaning of this test.

Krezi777

newbie

Activity: 140

Merit: 0

What are bounty hunters. I still do not understand who these bounty hunters are. Maybe it's some kind people who want to help others.

kuilopp

newbie

Activity: 55

Merit: 0

I think that it is a really bad practice, giving an ID card to a company that you nearly know nothing of is too dangerous for me, they can sell your datas or even create a fake id, all that for you to gain a few bucks is totally not worth it. The worst situation is when a bounty only tell people at the end of the campaign that it is required to do a KYC to get your tokens...

bootlace

full member

Activity: 364

Merit: 100

Justice as a Service Infrastructure

Quote from: munareal on January 14, 2018, 01:54:35 PM

Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.

From one hand I can understand such request. The problem is that not all ICO are trustable and nobody knows how they can use our docs

nothingmiracle

newbie

Activity: 84

Merit: 0

I think this is quite dangerous, the risk is the misuse of identity to do criminality because not 100% Altcoin here is verified, always pay attention by sending your ID documents to the ICOs!

xanto

member

Activity: 216

Merit: 11

I think that most people have already got used to it, there's nothing to be done. We do not establish rules, we can simply accept them.

alttravel

member

Activity: 406

Merit: 21

I do not consider it normal when they require confirmation of identity for participating in bounty crypto companies. For what purpose they collect information, I do not understand.

boranes

sr. member

Activity: 644

Merit: 253

Change Your Worlds Build a New Era!

Quote from: ?? on ??

Well am not too comfortable with giving out my ID to team I know not much about. Polymath did this, Shivom did it to me too.
I had to comply to avoid loosing out. I understand some are trying to fight multiple entries but I just hope they find another way
round this KYC.. It has to stop.

Of course you are not comfortable with sharing ID to team, only few bounty hunters are. But you shared your ID so it does mean that you are comfortable in giving out your ID.
I am not and I will never give my ID to anyone here, no matter how good project it might be.

francojon

member

Activity: 238

Merit: 11

I firmly consider that Know Your Customer ain´t a suitable measure for the majority of the cryptos. They don´t bear the legal support of bonds and should not require of that approach.

dolagani

member

Activity: 140

Merit: 10

I don't have any problem with it personally, I think you will find that these restrictions are being passed down by regulatory authorities and not the companies themselves.

asjdhjnz86

newbie

Activity: 84

Merit: 0

QIt's no problem signing a document. but I think the KYC process has two major problems. the first is that the security of KYC documents is very important and is there a guarantee of protection? the second problem is that they usually ask for KYC documents and they want KYC documents after the bounty is over.

BeEvil

full member

Activity: 406

Merit: 131

I think the main reason of this innovation is because many bounty hunters create a lot of fake accounts and due to this they get more reward than they deserve, and the KYC process will simply stop these scam actions from the bounty of hunters. But I think that this process should be simplistic and managers must certainly warn about it at the beginning of the campaign.

larks500

full member

Activity: 616

Merit: 114

Bountylord.com

Quote from: basdjbzj8888 on June 21, 2018, 03:12:02 AM

It will be more fair if dev have told their bounty participants from the start, not when they have completed their work. I believe 95% bounty participants will not give any of their ID only for claiming bounty.

In some cases Bounty manager could not know that KYC will required. In some cases ICO team is not familiar with regulation requirements enough. They can get advise about KYC at the end of ICO. Or regulation could be changed in the process of ICO.

basdjbzj8888

newbie

Activity: 88

Merit: 0

It will be more fair if dev have told their bounty participants from the start, not when they have completed their work. I believe 95% bounty participants will not give any of their ID only for claiming bounty.

Dcoollakky247

newbie

Activity: 224

Merit: 0

I agree with some project that the headhunter presents his KYC form and the only way to receive our award, such as INS Ecosystem, I think because of any country's legislation the requirement is simply to seize a passport or a driver's license and provide some of your own information.

Bay_Harbour_Butcher

full member

Activity: 728

Merit: 101

to be honest, KYC is indispensable to avoid state restricted and multiaccount, KYC is also used in ICO and bounty campaign. but that is very unfortunate KYC is now very much in use for criminal acts such as the scammer

funtistar

newbie

Activity: 29

Merit: 0

I think KYC for bounty hunters should not be in mandatory application because KYC is usually the requested passport. Not everyone has a passport including me personally. And it's too hard to bounty hunters using KYC.

clairewarwick7866

newbie

Activity: 85

Merit: 0

It is a bad thing like stated in the first post , people will get their identity stolen. I personally refuse to give any identification to any ICO. But that means there will always be people who will do it because they see it as a advantage.

shagger

newbie

Activity: 46

Merit: 0

Although this is done in order to protect the bounty participants, I feel skeptical to sending developers all my passport data.

Topic: KYC of bounty hunters - page 17. (Read 7016 times)