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Topic: KYC of bounty hunters - page 61. (Read 6981 times)

hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
February 24, 2018, 07:52:50 PM
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.
never thought about this,just now having read this things..why was not th topic being tackled when every single details about segwit has done explaining.and this kyc about bounties not?mate was right  that this should be addressed as the future is the target of this issue.wondering after 5 years more accounts will cry about being hacked.
jr. member
Activity: 504
Merit: 3
February 24, 2018, 07:48:16 PM
Not trying to support this behaviour and would advise against it, but what if someone simply photoshops random profile picture on ID and changes the data? Or even easier, downloads a ID snapshot from somewhere and uses that? How would they know that this is not the actual user? If they don't require a photo of you holding your ID, than they can't know, right? It's stupid, requiring KYC for doing bounties. For investing I understand, they have to comply with both CTF and AML laws. But bounties... jeez...
hero member
Activity: 835
Merit: 502
February 23, 2018, 09:58:36 AM
Know your customer ('KYC') is the process of a business identifying and verifying the identity of its clients. The term is also used to refer to the bank and anti-money laundering regulations which governs these activities. Know your customer processes are also employed by companies of all sizes for the purpose of ensuring their proposed agents, consultants, or distributors are anti-bribery compliant. Banks, insurers and export creditors are increasingly demanding that customers provide detailed anti-corruption due diligence information.

for bounty hunters it is not good  new coz   more than possible to miss KYC  registration  and  argument not to pay  bounty rewards.
such situation happened with a  lot of GBX bounty  participant.
full member
Activity: 238
Merit: 102
1st of May
February 23, 2018, 08:43:53 AM
I understand Bounty managers who use KYC in order to avoid multiplication of cheaters... but it kills the essential of Cryptos : anonymity.
I did KYC once for an airdrop, and it resulted positive (Polymath). I wouldn't send selfie with ID card for a project I'm not sure of.


Yes, i will never send selfie with id card. If they need kyc then i will send them only id card.
Actually i dont like to do kyc but what i can do, i want to join the project but in other side i dont like kyc. Confusing.
legendary
Activity: 2380
Merit: 2369
Catalog Websites
February 22, 2018, 02:24:16 PM
KYC is made in order to prevent money laundering. But why it is necessary for bounty - it's not clear.
Honestly I have never met KYC in the bounty
It's starting to happen actually. I took part in a bounty in which if you didn't pass the KYC you don't get the reward. To be honest the KYC was supposed to be completed before joining the bounty program, but of course many people didn't read the rules and now are complaining...
sr. member
Activity: 574
Merit: 256
CryptoTalk.Org - Get Paid for every Post!
February 22, 2018, 02:19:22 PM
KYC is made in order to prevent money laundering. But why it is necessary for bounty - it's not clear.
Honestly I have never met KYC in the bounty
legendary
Activity: 1218
Merit: 1000
February 21, 2018, 06:03:04 PM
I think this is good for bounty hunters. Just because many people will think "F**k, again these difficulties, I have no desire to pass this KYC" and the bank will be distributed among those who are not lazy  Cheesy

An interesting idea. but I can not agree with you on this issue because it is not safe at all.
We participate in a lot of bounty campaigns and I do not think it's nice to give your credentials to someone else. It's quite dangerous Smiley
Agreed. This has nothing to do with laziness and everything with safety and privacy. Most ICOs are scams, so you don't want to give them your documents of identification. That's just asking for future fraud and identity theft.
member
Activity: 308
Merit: 10
February 21, 2018, 04:52:21 AM
I think this is good for bounty hunters. Just because many people will think "F**k, again these difficulties, I have no desire to pass this KYC" and the bank will be distributed among those who are not lazy  Cheesy

An interesting idea. but I can not agree with you on this issue because it is not safe at all.
We participate in a lot of bounty campaigns and I do not think it's nice to give your credentials to someone else. It's quite dangerous Smiley
legendary
Activity: 1218
Merit: 1000
February 20, 2018, 05:16:16 PM
Personally i felt kyc for bounty participant is not really necessary since they are not investor. Anyways that has now been the new rule of the day even airdrop participants are also mandated to do so before receiving anything from them

airdrop and my data.  Wink Wink Wink  I would never give my dates. no one knows who makes the airdrop but we should send our data? no thanks. but almost all airdrops are scam and therefore I do not care. I buy my token from the bounty cheap at the exchange. then I do not need a KYC and no shit airdrop  Grin
This is going to be the contrary force against KYC attempts, especially once decentralized exchanges become the norm. Startups that want more funds will either require incredible reputation (e.g. be a globally reknowned company) or otherwise not ask for KYC, even if just for smaller investments (which enables multiple accounts).
sr. member
Activity: 756
Merit: 252
February 20, 2018, 05:13:43 PM
I understand Bounty managers who use KYC in order to avoid multiplication of cheaters... but it kills the essential of Cryptos : anonymity.
I did KYC once for an airdrop, and it resulted positive (Polymath). I wouldn't send selfie with ID card for a project I'm not sure of.

That is not the reason they are now obligated by law and they want to avoid people from certain countries to participate in their icos and the only way for this is to ask for your id and your information, it sucks and I do not like that is why I will probably avoid to participate in any bounties campaign from now on since I think privacy is important and something we must defend.
sr. member
Activity: 518
Merit: 258
February 20, 2018, 04:45:10 PM
Personally i felt kyc for bounty participant is not really necessary since they are not investor. Anyways that has now been the new rule of the day even airdrop participants are also mandated to do so before receiving anything from them

airdrop and my data.  Wink Wink Wink  I would never give my dates. no one knows who makes the airdrop but we should send our data? no thanks. but almost all airdrops are scam and therefore I do not care. I buy my token from the bounty cheap at the exchange. then I do not need a KYC and no shit airdrop  Grin
newbie
Activity: 112
Merit: 0
February 20, 2018, 04:36:39 PM
maybe now there are still a lot of confusion with the new rules and for the future I think the bounty hunter will understand and understand what they should do.
full member
Activity: 448
Merit: 100
February 20, 2018, 04:26:06 PM
Why do they collect so much information about the participants of various companies and where do we leave our personal data that we leave filling out the KYC forms?
hero member
Activity: 835
Merit: 502
February 20, 2018, 03:57:44 PM
Know your client (Know Your Client, or KYC) is a policy in which financial institutions are required to establish the identity of their client before performing operations with him. This is necessary not only for financial institutions to better understand and understand their clients (including their risk tolerance and investment preferences), but also to know exactly who they are dealing with and whether their client is involved in any illegal activity (like fraud or money laundering).
For bounty hunters it is not necessary,  i think it is only argument to find reason  pay less tokens to bounty participants.
full member
Activity: 1372
Merit: 133
February 20, 2018, 03:43:16 PM
unambiguously I consider kyc to be unacceptable, because Bounty Hunters are not those individuals who must provide personal data. Another thing is an investor who can go through different registrations while investing their funds. But this practice will scare off all investors.
full member
Activity: 420
Merit: 100
February 20, 2018, 03:29:49 PM
I think this is good for bounty hunters. Just because many people will think "F**k, again these difficulties, I have no desire to pass this KYC" and the bank will be distributed among those who are not lazy  Cheesy
full member
Activity: 392
Merit: 101
February 20, 2018, 03:06:58 PM
I think KYC should be applicable only in the invesors side due to the fact that they are the real holders of the more percentage of the coin.

KYC for others i think its not too fair and sometimes can turns in a scam selling your infos on deepweb, just be careful.
member
Activity: 289
Merit: 10
February 20, 2018, 02:54:49 PM
KYC for bounty campaign does not feel right, I think KYC only with the aim to become a crypto trader, it would be wise if the developers pay more attention to this
member
Activity: 313
Merit: 10
February 20, 2018, 02:50:49 PM
Personally i felt kyc for bounty participant is not really necessary since they are not investor. Anyways that has now been the new rule of the day even airdrop participants are also mandated to do so before receiving anything from them
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
February 20, 2018, 01:36:04 PM
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
there is good thing and bad thing from this new rules.

The good things is :
this minimize double id and make transaction more secure. i mean we know identity of the person we trade with.


The bad things is:
they could use our KYC for something bad and there is a lot personal information that we might not want stranger to know about. it could be use for something bad.


There is good part and bad part of KYC rules. but i do think KYC will help a lot the development of bounty program and minimize scam.
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