Topic: KYC of bounty hunters - page 75. (Read 6981 times)

I think doing kyc isn't really a step in the right direction.not everyone would be comfortable releasing their information to a third party.

I think there is not much we can do about it. Part of the cause is increasing pressure for regulation and part of it is due to some people claiming multiple times under different usernames.

Always ask this. If someone asks to see your info then why can't you see theirs first? If anything the people running and developing the token or project should show us their KYC and bot the other way around. They should be proving who they are since they asking for our money. Now if I want to be in an ico they want my money and they want to know who I am but I can't know who they are? Something very wrong there.

Stay away from KYC is just a scam. They don't need your info when they say it's for legal local laws it's just a load of crap and their excuse to justify it. Remember how casino's wanted big winners to do a KYC? Well the same thing here. This is crypto world and being anonymous is one reason we use crypto. It goes against the crypto way.

Btw those who worry about KYC and scams. A KYC means nothing and a scammer will scam you even if you know who they are. They have no shame. So it's pointless. You can barely do anything with that info anyway.

If you think KYC is good you have been dropped on the head one time too many. It's just a tactic not to pay bounty hunters or possibly to threaten anyone who comes after them for being scammed. Now you have given a scammer your info they now know who you are and where you live. Giving your personal info out is a bad idea. These are not registered companies asking for KYC is such a cheek.


Umm.... I would rather be worried about the actual ico project cheating not the bounty hunters. You can't really cheat bounty anyway since you need work proofs. It's us that need protection not them. Oh and regulation will never be a good thing for crypto. If you want regulations start using Fiat or move to china.

I think it's very good. Now there will be fewer cheaters in bounty companies and this is another step towards regulation, which is also very good.

I thought that I'll never experience that but the campaign in which I currently participate probably require to pass KYC - for it's absolutely OK, don't see any problems with that since developers pay us.

Nobody likes this because there is no legal regulation of the ICO. It can be a scam. But sooner or later it would come to this. Such money can not remain anonymous.

not a good one for bountyhunters, but it was expected and we saw it coming. KYC demands for bountyhounters are because of legislation demanding ICOs to gather information about their clients, and as usa claming erc20 tokens as securities we do understand what is next.

It is very dangerous , because everyone knows how much scammy ICOs nowadays and what will they do with our personal data ? will trade it in darknet ? What if this trend will be accepted by crypto community and even shitty airdrops will ask your personal data ? Every person should take care about their personal data safety and I hope this dangerous KYC trend would be broken with time.

In general I'm not a fan of KYC, but I can't blame an ICO for doing so. There's no point in being successful only to get into trouble with regulators later. That being said it's a competitive landscape, and there are plenty of other good alternatives out there if you don't want to participate in KYC as a bounty hunter.

I think you are right it will create more problem for  the multiple accounts) But there is a possibility then your document will be sold on  darkweb or for  whatever other purpose they will use it

On the one hand, I deny this. I do not want to send data to third parties, but on the other hand too many scammers with multiple accounts, so this will be the end of the account farm.

I saw some campaigns that are asking for Facebook link even though you are only interested in their signature campaign, asking for your gmail for application and asking more information, some are suspicious that's why I gave them a 'passed' mark, I prefer to protect my privacy rather than joining their group thinking about what they will do my account's pieces of information.

I do not like the fact that more and more bounty campaigns require KYC for bounty hunters. In my opinion only investors should pass this test. Bounty Hunters can not launder illegally obtained money with the help of ICO. 

I`ve just found out that a campaign I was involved in is asking KYC for bounty participants: Caviar (also, CUBE is another one and a few weeks ago there was a Polymath airdrop). After all, they can make their own rules, but they should at least clearly state them on the bounty announcement. How can we feel comfortable to do KYC when there are so many proven scam ICO`s?!?  

Some of the campaign needs to get KYC but for some they don't want to give their identity. Where in Cryptocurrency alot of us needs anonymity. We don't want to declare our information it may cause trouble in the future.

I have experienced this last month and I am very disappointed because KYC is just for investors not for bounty hunters but thankfully I have passed the form even I only have student's ID

Well, most of the managers state in their bounty thread that "rules are subject to change" so they have that authority to make changes. Let's just hope that they will also consider their bounty participants' convenience when having these changes.
It is also a good idea for me that the manager will also do this process just in case he/she uses participants' identity for illegal purposes, we will have the exact name of the person to be blamed.

No problems in bounty managers to ask for a KYC to bounty hunters, as long as they specify that in the rules of the campaign BEFORE the people join it, and not AFTER the campaign has finished. Everybody must be given the choice to chose whether to accept known conditions or not. To change such rules after that the deal has been done is cheating. Moreover, I'd find it correct that if bounty hunters have to make public their personal identity, so should the bounty manager who is requiting that from them. It is a matter of reciprocity.

for bounty programs usually do not require kyc because kyc is only for ico participants or buyers coin but if there are rules that require kyc means we must follow it

I know the KYC process is a little annoying process, but you have to be aware that ICOs are in a process that is compulsory to comply with this. To break the pressure of the governments; ICOs want to say; "Hey, look at here these are our customers", in fact they are in an effort to prove themselves. First of all, you have to decide whether to share your credentials or not, while paying attention to the campaign you have entered. I guess at the end of this trend, all campaigns will ask for KYC. I would recommend that you prepare yourself for this.