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Topic: KYC of bounty hunters - page 51. (Read 6981 times)

member
Activity: 938
Merit: 14
Earn more with Earn Network
March 19, 2018, 09:13:11 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 issue is really pressing and needs to be addressed. I wish this could go as far as possible to create more awareness on how this KYC can lead to the sell out of our precious information to phishing sites and the darkweb. Some times, it is so annoying that you would only be notified about KYC after you are done with the whole bounty tasks for about a two or three months (you cannot refuse to provide the KYC looking at the energy and other resources you've already put into the bounty program). I suggest the remove KYC from bounty programs because most of us joined in order to stay anonymous.
jr. member
Activity: 182
Merit: 1
March 19, 2018, 09:10:31 PM
We still don't know who created Bitcoin. No one asked KYC for Satoshi before accepting BTC.  If the entire cryptocurrency can live with that, anonymous bounty hunter should be OK.
full member
Activity: 303
Merit: 100
March 19, 2018, 09:00:48 PM
I don't mind giving my personal info as long as it will just include my name, address and country and to a good company and project. It will not harm me on some ways.

But prior to that, the project must well known and really famous in the world of cryptocurrency. Crypto is all about anonimity but we can't take away that scammers are always there so I understand the KYC part. Just don't want to give it on a shit company.
Have you ever thought that you can have problems even with a good company. You give the images of your documents to some managers, hired people. They can easily use your documents for fraudulent purposes

It is not the people at that company I am worried about when they ask for KYC. It is the hackers that are trying to actively get this information from every centralized company that I worry about. If I knew though the KYC was being held in a decentralized fashion, then I would oblige to the KYC. Anything short of that is a failure in my eyes and in the eyes of the cryptosphere.
newbie
Activity: 182
Merit: 0
March 19, 2018, 08:53:19 PM
I think KYC is applied as part of cryptocurrency and investment regulations in some countries a new rule imposed by a project and I think it will make it difficult for gift campaign participants to join this project because I do not think all campaigns require KYC.
jr. member
Activity: 56
Merit: 20
March 19, 2018, 08:22:52 PM
so good. there are so many people joining with multi accounts to bounty campaigns. if they request kyc and some private documents, they will not be able to do that for sure. so bounty campaigns are going to be more fair comparing with now.
jr. member
Activity: 42
Merit: 1
March 19, 2018, 08:22:30 PM
Well, I am working for a software editor. When I talk with the finance sector, they are all going for KYC solution. And the regulation at all level require often to be compliant or regarding implementation of new rules in specific sector. So, I am not afraid of this kind of thing. But I always, give such information with trust-able organisation.
member
Activity: 420
Merit: 13
March 19, 2018, 08:18:59 PM
I don't mind giving my personal info as long as it will just include my name, address and country and to a good company and project. It will not harm me on some ways.

But prior to that, the project must well known and really famous in the world of cryptocurrency. Crypto is all about anonimity but we can't take away that scammers are always there so I understand the KYC part. Just don't want to give it on a shit company.
Have you ever thought that you can have problems even with a good company. You give the images of your documents to some managers, hired people. They can easily use your documents for fraudulent purposes

I agree with you. The organization that processes and stores personal data must have a license for this type of activity, do those managers who want to obtain your passports and selfies have a license?
full member
Activity: 238
Merit: 100
March 19, 2018, 05:33:15 PM
I don't mind giving my personal info as long as it will just include my name, address and country and to a good company and project. It will not harm me on some ways.

But prior to that, the project must well known and really famous in the world of cryptocurrency. Crypto is all about anonimity but we can't take away that scammers are always there so I understand the KYC part. Just don't want to give it on a shit company.
Have you ever thought that you can have problems even with a good company. You give the images of your documents to some managers, hired people. They can easily use your documents for fraudulent purposes
member
Activity: 320
Merit: 10
FIRST SELF-SUSTAINING CRYPTO INFRASTRUCTURE
March 19, 2018, 11:17:13 AM
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.

   The KYC Protocol thingy strips away the feat of ANONYMITY, which is one of the major attributes of CRYPTOCURRENCY. Its just a strategy by the government to subjugate the blockchain system which defeats the whole concept of decentralization. Even if bounty programs are to impose KYC, there should be a restriction to the amount and type of information being requested. But given the druthers, I'd rather opt for its total termination.
full member
Activity: 238
Merit: 106
March 19, 2018, 10:49:36 AM
Usually if I see a kyc registration to participate in the bounty, then I immediately refuse.
But I don't consider this a critical condition. If I really like ico, then the kyc is unlikely to stop me.
Yes there is so many opportunities rather than giving KYC to those bounties. There are still some ICO's don't provide KYC for bounty hunters and I think its more reliable for us to join. I have been surprise on my past joined bounties they were late to inform us that they want to provide us KYC, so I didn't receive any payments on their bounty because of that and I feel so regret.
full member
Activity: 303
Merit: 100
POS / PRIMENODES
March 19, 2018, 10:27:41 AM
Usually if I see a kyc registration to participate in the bounty, then I immediately refuse.
But I don't consider this a critical condition. If I really like ico, then the kyc is unlikely to stop me.

I am doing like you and refuse to participate in campaigns that require KYC. But I don't do exceptions, because they may not be honest with the information you are giving them and in one point all this could be part of database that is sold to wrong people with wrong reasons and wrong intentions.
hero member
Activity: 557
Merit: 500
March 19, 2018, 10:17:47 AM
Usually if I see a kyc registration to participate in the bounty, then I immediately refuse.
But I don't consider this a critical condition. If I really like ico, then the kyc is unlikely to stop me.
full member
Activity: 322
Merit: 100
March 19, 2018, 09:49:56 AM
KYC is good but i think bounty hunters no need to do that unless bounty hunters will buy there tokens in that way they have to ask our KYC to make sure our identity and our source of money. We bounty hunters only doing our task depends on there campaign rules so there no reason that they  ask for our KYC.
member
Activity: 142
Merit: 10
March 19, 2018, 09:40:08 AM
it seems that this is good for bounty participants in the presence of this I am sure will be a few people who use multiple accounts in the registration of a project.
newbie
Activity: 134
Merit: 0
March 19, 2018, 09:18:12 AM
important data from ourselves such as identity cards I will not be easily given to bounty, I am afraid of being misused, for me it is better to lose the opportunity than to pursue a coin to be shared. I will be more selective to provide important information about myself.
sr. member
Activity: 523
Merit: 300
March 19, 2018, 09:14:01 AM
I will stay clear of those projects that asks for KYC for bounties. Either you have our support or you don't.
member
Activity: 406
Merit: 12
March 19, 2018, 09:11:25 AM
Some campaigns want KYC. I prefer to not give my personal documents to them. Be careful with the personal data you share online.
member
Activity: 266
Merit: 11
March 19, 2018, 09:07:34 AM
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
Thanks for the good topic to discuss.

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.

This is only one side of this problem. But try to understand really good projects in this time when SEC is going to do a big step in cryptoregulation. When some holder of the tokens has not been identified - the whole project should be freezed.
And also KYC will make huge amount of scammers to go away from crypto. And this price that my ID can be sold - I'm ready to pay it knowing that crypto needs that to become greater and involve more people. By the way CRYPTO is trying and will fix this fact that organizations can prove identity with fake IDs and photos from darknet.

And if I cannot filter scam projects and send my ID to everyone - THIS IS ONLY MY PROBLEM  Shocked
member
Activity: 280
Merit: 10
better Days Ahead...
March 19, 2018, 09:06:48 AM
It is not a welcome development for me. Why would bounty hunters need KYC for? I don't think it is necessary because bounty hunters are from a very well known communities, like bitcointalk, reddit, facebook , etc so there is no need to ask them to do KYC.
newbie
Activity: 65
Merit: 0
March 19, 2018, 09:02:54 AM
I think this will make it hard for the bounty hunter because many beginners join the bounty hunter program to get capital in investing in this crypto currency, and it will make it harder for the participants to do their work.
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