Topic: KYC of bounty hunters - page 65. (Read 6981 times)
Great comments in here. I never saw it from the perspective of how damaging KYC is the the crypto community. I for one will never send my info into these types of projects nor will I invest in them. Great job guys calling out this KYC nonsense.
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 that KYC is imposed as part of the cryptocurrency and investment regulation in some countries. I also think that with KYC, people who are using alternate account cannot participate in one campaign at a time because he/she will not be able to submit the requirements for the KYC.
That is the advantage of this KYC. No more than 1 account can join at the same project with several account.
Other thing, bad company can use our identity for something bad that we dont know what.
So in order to stop multiple accounts we destroy crypto? The projects deploying KYC are fully and knowingly taking down the entire crypto community.
Give me one advantage that crypto holds over Visa once you have to give your passport online to people you don't know to obtain it?
People greed to flip a buck will kill the crypto. Bankers win. Again. Ugh
KYC is the chink in crypto's armor. If we have to give more information to own a crypto than a credit card its game over.
Visa costs me nothing to use.
I don't need a passport.
It's instant.
It's accepted everywhere.
Get money back if stolen or if your unhappy with purchase.
Staying anonymous is the main feature or crypto. If you have to give more info to get crypto than credit cards its game over.
You fools filling out KYC forms are killing a movement.
Visa costs me nothing to use.
I don't need a passport.
It's instant.
It's accepted everywhere.
Get money back if stolen or if your unhappy with purchase.
Staying anonymous is the main feature or crypto. If you have to give more info to get crypto than credit cards its game over.
You fools filling out KYC forms are killing a movement.
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 that KYC is imposed as part of the cryptocurrency and investment regulation in some countries. I also think that with KYC, people who are using alternate account cannot participate in one campaign at a time because he/she will not be able to submit the requirements for the KYC.
That is the advantage of this KYC. No more than 1 account can join at the same project with several account.
Other thing, bad company can use our identity for something bad that we dont know what.
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
The whole KYC idea defeats the anonymity feature of this system which has become a comfort zone for most, if not, all of us engaged in crypto currency. This requirement had bothered many bounty hunters who are not inclined into giving out their identity. Now this places us in a predicament...Will we give out our identity so we could receive our pay, or just set aside our well earned pay to keep our identity to ourselves?Expect that sooner or later the same paradigm will apply for everybody holding cryptocurrencies. It is sufficient to impose KYC of everybody who uses an online exchange to track the wallets of everybody and the rest will follow.
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
The whole KYC idea defeats the anonymity feature of this system which has become a comfort zone for most, if not, all of us engaged in crypto currency. This requirement had bothered many bounty hunters who are not inclined into giving out their identity. Now this places us in a predicament...Will we give out our identity so we could receive our pay, or just set aside our well earned pay to keep our identity to ourselves? 
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
it so great because development just make sure that all participant is real not fakefor now many fake account and development not want if reward received by fake account
If people need a passport to the KYC and do not want to take their own, make an Airdrop with a google form and get hundreds of IDs and other data from the people. then you can use this data to make KYC. and many stupid people give an airdrop also KYC data.
Do not answer an airdrop that does something like that. Do not send private data to an airdrop. just take fake files for it
Do not answer an airdrop that does something like that. Do not send private data to an airdrop. just take fake files for it
what would be KYC?
It's an abbreviation for "Know your customer". A legislative measure by regulators to keep tab on the identities of customers to curb tax evasion and money laundering.
Never submit a KYC form. As soon as I see one I abandon the project, its not worth the chance they are a scam so I just assume they are.
I'm not optimistic about KYC's validation of the bounty thread.
Because the bounty will not give you a lot of token, I think most people will give up the bounty when it requires KYC validation.
Because the bounty will not give you a lot of token, I think most people will give up the bounty when it requires KYC validation.
So far this is not mentioned from the very beginning, then it is not fair, or better described as fraud. This is one of the reasons why some people insist that ICOs should be regulated.
Bounties doesnt require KYC for participants. Then if they are asking for this information then better think twice before giving any information. Its important to be vigilant when giving information if its one of the requirements of the bounty then its your discretion if you would like to give your personal information.
And what if I participated in the campaign bounty and after its termination the organizers demanded to pass KYC for reward? What to do in this case? I myself have not come across this, but I've heard about it many times. I'm not sure what the difference is between a bounty and a sig campaign, but I wouldn't trust any of them with my information. If campaigns ever start asking for identification, that'll be the end of it for me. As the member above said, that shit could easily wind up on the dark web--you just never know.
What IS the difference between bounties and campaigns, anyway?
This is what i'm afraid for. We dont know behind it.What IS the difference between bounties and campaigns, anyway?
Dark Web is hell and will bring a nightmare for you because your information is leaked.
And, i'm still not understand KYC for Bounty hunter for what reason?.
TOTALLY DISAGREE KYC because it broke Crypto essential, Anonymity!
Bounties doesnt require KYC for participants. Then if they are asking for this information then better think twice before giving any information. Its important to be vigilant when giving information if its one of the requirements of the bounty then its your discretion if you would like to give your personal information.
It would be correct to have the right to pass verification or not. Initially, this is to know your client. And now this is sometimes used as a way to not pay a bounty reward. Well, let's say we do not accept documents in which your data is not written in Latin. Do all countries use the Latin alphabet in official documents?
Crypto was created for anonymity and decentralization. Thats why i dont like this trend. And okay, i understand if banks need your ID. But send documents you dont know in the place you have no idea about just to take your tokens is so dangerous and unclear
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
it's their right to ask for that however it's your right not to join. I personally wouldn't roll on as I don't want my personal info to be given away for such thing as bounty, I find it ridiculous
I am now suffering through identity theft as I stupidly gave my passport to the Experty project. I have had all my credit cards maxed out. Complete nightmare. You guys better be careful sending your documents over the internet.
KYC will be going away as the scammers come in to get your personal data. Just think about how easy it is when the FOMO boys get excited. They will fight to give you their information. Wouldnt be that hard to set up a fake project to gain this info.
KYC will be going away as the scammers come in to get your personal data. Just think about how easy it is when the FOMO boys get excited. They will fight to give you their information. Wouldnt be that hard to set up a fake project to gain this info.
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
Whether we like it or not, we are still holders of coins. So, if the jurisdiction of the company where it operates require that all holder, investors and bounty hunters alike, to make KYC, we have no choice. Otherwise, we will not be paid. I do not think all campaigns require KYC, mostly those who are based in the USA requires them.
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