KYC of bounty hunters - page 18. | Bitcointalksearch.org

crpytonation

newbie

Activity: 95

Merit: 0

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.

Actually KYC is not required for bounty hunters as there is sale/transaction is involved.
Even if KYC is required from bounty hunters ,it should be informed well before starting of the bounty.Recently Dao Stack,had issue with KYC for bounty hunters,instead of asking for KYC,they just paid the bounties in ETH equivalent to bounty tokens at ICO price.Very fair

kwusu

newbie

Activity: 73

Merit: 0

This is going to be unfair and unjust deal especially when it was not spelt out in the bounty campaign rules. If they had included the KYC process before payment in the rules then is quite fair and i believe it will even help them scrap unnecessary payment especially to bots and multiple account holders. I think they should revisit that idea and make some amendments if they really want to implement this.

tuannguyenn110

newbie

Activity: 70

Merit: 0

Actually now i know more project need kyc to proof that the participant is not fake.
Its not really good in cryptocurrency for future because we dont what they will do with our ID. I think we need to avoid this kind of projec

yeniruieni

sr. member

Activity: 784

Merit: 250

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.

This is actually a very good and positive for the development of the bounty program. But I will only think of for security that this we pass is personal data. So we are afraid if they later misused this data, of course, we are experiencing losses. And not necessarily also for projects that use KYC sometimes still not be said of a successful project.

fakegurutu

member

Activity: 406

Merit: 10

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.

I think, bounty programs should first announce not after the bounty ended because some dont want to do KYC not because they dont want to be known but because they dont have ID or anything that KYC is needed. KYC for bounty hunters is really so unnecessary and shouldnt be implemented at all.

Ru-T

member

Activity: 169

Merit: 10

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.

This is nonsense! Passing KYC for bounty campaigns is too much! In this way, databases are collected, on which they earn more than the campaign itself.

letua

newbie

Activity: 160

Merit: 0

I guess it wasn't the inner team who decide to take kyc the bounty hunters. I guess sometimes it was the decision of some not honest manager to get the rewards of those who couldn't comply to the requirements. Simple way of stealing that unnoticed by the public. Why I think like that because supposed it should be announced when the bounty was on the beginning.

felikszemdegs11

jr. member

Activity: 59

Merit: 1

Obviously shouldn't need to as we're not customers.

daly896

member

Activity: 434

Merit: 10

BITWIN

KYC for bounty hunters is worst thing I've ever met. i don't want to disclose my personal data to strangers. In case of famous managers like Amazix , Tactic and others it is ok, but in most cases it is risky

migmigbaby9897

newbie

Activity: 98

Merit: 0

KYC for bounty participants will be very effective to ensure participants are not involved in crime, but this is not good because bounty hounters earn only a small salary and no need for KYC because KYC is only suitable for investors who have big profits.

fiend91

member

Activity: 182

Merit: 10

I understand that it is necessary to avoid multiple signatures, but I think that it is useless. Scammers falsified documents and will continue to do so. But honest people have additional problems when registering.

BitcoinGuruOne

member

Activity: 364

Merit: 13

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.

This is bad practice and puts bounty hunters in very bad spot.
In this case i would check what kind of kyc procedure they are implying and if it is managed by kyc company and what reputaion they have, if they want to do it by themselfs , would concider passing.

Dima95

member

Activity: 392

Merit: 27

this is a real dillema! on the one hand, it can free us from multiaccounting and increase the profits, one the other hand, it will put us under risks.

mware

full member

Activity: 390

Merit: 100

maybe this is the regulation of bounty organizers to reduce multi account and fraud against campaign. I do agree that KYC should not be mandatory to bounty participants but should be for big time investors in compliance with the Anti-Money Laundering (AML). Although i've seen some ICO's that posted the need of KYC for the bounty participants in the beginning of their campaign. It's a good thing though informing us beforehand, leaving the decision to us (campaigners) if we will still join or not.

a4illusionist

jr. member

Activity: 365

Merit: 1

only scammers will ask that kind of information. I have just skipped any airdrop who asks for KYC. Its too risky for a very small amout. I am not going to give them that detail. If they are airdroping why would they need it anyway ?

tom14cat14

hero member

Activity: 826

Merit: 500

Lets begin why KYC is needed for an ICO? First of all, there is a law in some countries that doesnt allow ico without kyc. Secondary, all big exchanges ask ico to have kyc done, they dont care if you are inverstor or bounty hunter...

DimaS1574

full member

Activity: 448

Merit: 140

To my mind KYC for bounty hunter is out of logic, and it is not fear for them if it is requered after bounty programm, from one side KYC shows that it is a serios project (but not as a rule , for example CIBUS project) but from another hand a lot of bounty hunters will not pass KYC registration, As for me there are 2 reasonable ways for KYC:
1) Announce about it in the begining of the bounty programm
2) or use it only for ICO members

Russlenat

hero member

Activity: 2716

Merit: 904

I am against on kyc, it will expose our identity here in crypto and much worst if our identity will be used for scam, we talk money here in crypto so we should avoid to expose our identity, I think it is only apply to thus investors not for the bounty participants.

Ociwiw

jr. member

Activity: 378

Merit: 1

If they announce in advance, then this is normal, because a person will immediately have an interest in him to participate in this company!

MascharonoM

jr. member

Activity: 216

Merit: 1

Looking for something which is genuine and not scam. Now a days people are much more aware and don't involve in any unrealistic projects. They are looking for somethign which is legal and have permanent visibility SciDex is that kind of ICO project.

Topic: KYC of bounty hunters - page 18. (Read 7016 times)