Topic: KYC of bounty hunters - page 26. (Read 6981 times)
On the one hand KYC is good idea because there are a lot of bots take part in bounties, but on the other there are a lot of documents which could be bought on the Internet. I think that we need a project which could solve this problem.
As a bounty hunter I am not a customer, participants of the bounty do not invest their money and the amounts are small so is just overkill really to KYC them
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 this is a great way to ensure payment of tokens to the right people. by doing kyc first we know who the customer who has joined to join the project. in order to avoid payment errors so that tokens are used for criminal acts for example
If that's ICO's regulation, I as a bounty hunter can only follow the rules. but the bounty organizer must from the beginning announce the rule before the bounty begins.
I think it's a good idea to avoid revealing IDs for projects that do not trust, must be selective, and explicitly understood when disclosing IDs.
I would avoid any bounty that asks for KYC because it just does not make any sense to have to give away personal information for 100 or 200 dollars. It is not worth it.
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
I strongly disagree about this issue of KYC for bounty hunters, why? KYC means Know your customer so it means it is for customers/investors not for the bounty hunters. Bounty hunters are just advertisers so they dont have to issue as kyc in order to get paid.
Yes, for bounty it's completely inconvenient. I'm sure 99% of the campaigners would object, but ... There is an important situation - one person should have only one account. KYC can be useful for checking the number of accounts for one person. And here I vote for the existence of such a check. Depends on what kind of money at stake. If it's a penny - there's no need to deal with KYC once again.
I don't know see any reason why kyc is necessary for bounty participants but so far i haven't participated in campaign that requires kyc. I think this is because there's a lot of multiple accounts that try to cheat the bounty campaign but it is also easy to bypass this as they can borrow their friend identity to get the bounty reward.
Some ICO need KYC because they following regulation on that country. I think KYC right now is common thing in crypto bussiness because government prevent criminal action on this bussiness.
I don't think that KYC for bounty hunters is something terrible. I just don't like when projects introduce it after the bounty campaign ends. If at the start it was mentioned, then i have no problem with it, because it's fair.
I am not a big fan of KYC for bounty campaigns. Because I am not really sure that I want to share my private details with some company. There are some companies that I trust and believe in too. But some of them, asking KYC to receive about 30$, I believe it is ridiculous and someday and someone will make bounty campaign to collect a lot of private data like passports, address, residence, phones, wallet address. And it scares me
It's a very bad idea, since the bounty hunters are not an investors ,i don't see any reason why they should go through kyc before they can get paid for work done.
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
This KYC is not mandatory to bounty hunters and yet they are asking KYC to us. I'm thinking that they are using KYC to minimize abusers of the campaign from enrolling alt accounts. But I'm not agree with this regulation to us being a bounty hunters, we only get small share from them which is not worth to provide our personal identity.
I think it is a good idea. KYC is the right thing, because it excludes all the bag people and bots. It is real
Avoid, new precedent trying to be set, the more people the give in, then you'll have to give you info out for every single airdropped/bounty out there.
It's very dangerous for you to trust these non-reputable individuals with your information and for the future of cryptos as a whole, yet no one is discussing this.
You can blame Polymath for this, they don't want to work harder filter to filter puppets, so instead they want your ID.
Edit: There is probably nothing we can do to stop this, because the vast majority of people trying to do airdrops are very likely to hand over their info without a second thought. This has major repercussions, some of the worst repercussions we will see ever in crypto.
The best thing you can do if you're reading this, is to not give in to these new information whores, who are more than likely to flip your IDs on the darkweb for a profit.
I dont think there is a problem about kyc in bounty signature. It maybe the strategy of the developers and managers to prevent the farmers from earning because kyc is difficult to pass and you need so many ID that is qualified. It's very dangerous for you to trust these non-reputable individuals with your information and for the future of cryptos as a whole, yet no one is discussing this.
You can blame Polymath for this, they don't want to work harder filter to filter puppets, so instead they want your ID.
Edit: There is probably nothing we can do to stop this, because the vast majority of people trying to do airdrops are very likely to hand over their info without a second thought. This has major repercussions, some of the worst repercussions we will see ever in crypto.
The best thing you can do if you're reading this, is to not give in to these new information whores, who are more than likely to flip your IDs on the darkweb for a profit.
I believe that it is the right decision to undergo personal verification, and there is nothing to be extremely dangerous in this, anyway nobody will be able to use your data with fraud, it's up to you to decide whether to provide information about your data or not, but nevertheless I believe in the sincerity of many projects and their prospects.
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 it's silly.. it's against crypto world and prosperity,, and it's annoying.
this is a good idea since ICO's are banned for some countries this would be the way to identify each participants but you need to give your information to a legit bounty managers because it might cause you some trouble and they'll use it on some illegal things.
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 this is ironic as to why cryptocurrency was created in the first place, to provide privacy and anonymity. With KYC we are driven back to the centralized control of banks and other financial institutions which created the scheme. I observed it is getting to be a normal practice when joining ICO, bounty campaigns, and even airdrops right now.
Sometimes it is justified due to legal reasons and attorney's opinion. Even if you don't like it. They just don't want to give money to people that are in the international AML lists, and that makes sense. Plus it is an income, and in most countries this income would be taxed. I repeat: I don't like it, most of the bounties I've done have not asked this to me, but it may be justified sometimes depending on legal advise of the ICO. But they should state this clearly before joining, and not after you've done the work. So you can choose whether to join or not.
Still. Why if it is considered an official income, we do not have contracts and protection. We are like ordinary people who work for food =/ Jump to: