Topic: KYC of bounty hunters - page 56. (Read 6981 times)
The main reason is some Bounties and ICO's are scams and if we submit our ID documents to them that will cause a huge issue in future. So we should more vigilant before we send any KYC documents to anyone.
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
I can understand your concerns, bounty campaigns should post clearly at the start if they will need kyc or not? secondly if a campaign requires kyc they should start receiving the identity documents during the campaign so that the token distribution does not gets delayed.
The fact is that if the law of the country does not presuppose a sale, then no one has the right to require each member of the Bounty companies to provide their personal data. I understand when this is important for investors, but not members of the Bounty Company.
Well, it's a step to a cleaner market, so in theory it would be a good thing.
But lot of ICO are very suspicious, and I didn't send my data to an unknown entity.
Why don't start the ICO manager to post THEIR personal data, with the passport scans?
Then, may be they will have the right to ask for our papers...
But lot of ICO are very suspicious, and I didn't send my data to an unknown entity.
Why don't start the ICO manager to post THEIR personal data, with the passport scans?
Then, may be they will have the right to ask for our papers...
i think it's bad enough that they do it for folks earning just 50-100. it's worst when they impose this at the end of the campaign without any prior communication.
like others say, i guess we need to choose bounties with care now.
like others say, i guess we need to choose bounties with care now.
The main problem that there was prevention at the beginning of the company, but not at the end. When everything is already counted.
Then you have a choice - to participate or not. I consider KYC the standard procedure as we are "shares" holders too.
Then you have a choice - to participate or not. I consider KYC the standard procedure as we are "shares" holders too.
I know it's dangerous but I still would do it if the bounty reward is big enough. Of course KYC has improved my threshold for joining a bounty, for example, I would join the bounty for $20 without KYC but won't those need KYC. The number is just for example, sometimes it depends on my mood.
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
I like that idea. KYC will reduce the number of multi-accounts. Now a lot of people use multi-accounts in bounty. And my income fell very much. 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.
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.
Bounty Managers have the power to stop this. We have to message them and let them know about our decision on the forum. They should listen to us!
I think because maybe it's a lot of accounts that are very abusive and not qualified within us etc so they need kyc for the members and would not have to cause a big problem with the acquired deatails in our
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
Ya this is retarded imo. I avoid any bounty that requires this and so should everyone else.
KYC is just for knowing your customer, it is only needed when ICO accept fiat currency, But doing KYC online to any third party is risky.
KYC is only needed when things get centralize but in crypto nothing is decentralize. according to me KYC should stop because there are some ICO which asking for KYC even they have updated their KYC on ICObench.
KYC is only needed when things get centralize but in crypto nothing is decentralize. according to me KYC should stop because there are some ICO which asking for KYC even they have updated their KYC on ICObench.
It seems to me that this is against the law.
Why should it be against the law? And what law? I wouldn't be so sure there is something clear about this, I think we're in a kind of grey zone because doing a bounty you get tokens for free, but then you can make money out of them, so it's hard to say that KYC is necessary or not.
I am absolutely against the KYC process for bounty hunters, because this process should only be for investors and of course for bounty hunters it's very hard, verification is not easy. It seems to me that this is against the law.
It's too risky for you to divulge personal information that can be taken advantage of for an endeavor that doesn't guarantee returns to be asking for KYC. Not all bounties are great though its way better than airdrops. KYC for me is too much to ask just to market some projects.
in my personal opinion, I think it is not appropriate if KYC is applied to bounty hunter. because bounty hunter get the tokens it's a reward from the work of promoting ICO. while the buyer (investor) who bought the token should be cautious for the prevention of money laundering criminals, and other criminals.
I think you are absolutely right. Bounty hunters are freelancers, they are not investing money, so they are not doing any money laundering.
But a lot of projects are collecting personal data this way and this is wrong.
I think not go for it and will just look for good Ico that is not implementing this Kyc thing and besides they will not attract members who will promote their program if members will agree to not participate in this kind of program, it is a trap for them to have control of your identity.
in my personal opinion, I think it is not appropriate if KYC is applied to bounty hunter. because bounty hunter get the tokens it's a reward from the work of promoting ICO. while the buyer (investor) who bought the token should be cautious for the prevention of money laundering criminals, and other criminals.
I think KYC form - this is most often illegal actions on the part of the company, which requires filling out KYC. Do you remember that, would we ever give out an ID scan to buy Bitcoin or Ether? I do not remember this .. The form of KYC has recently become more common, and not only in the bounty of companies for payments, but for investors. I hope this will end soon !!
Yes certainly, this could be dangerous. What if they will use your identity for doing something which is not good or illegal? What can we do with it? Having no knowledge of what could have happened to the info we have submitted we will be unaware of what might happen in case our identities were used. Perhaps this should be resolved such that we should also know if somebody is viewing the files we have submitted. Maybe it would be a bit fair to know who watches us.
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