Topic: KYC Requirement for Bounty Managers before they require KYC to bounty hunters. - page 17. (Read 10258 times)
April 17, 2019, 10:14:35 AM
in fact we must know in advance what the purpose of this project is to require Bounty hunters to verify KYC, if the aim is to reduce fraud in the bounty progam then all bounty hunters must do so, that is sufficient reason to make such an order but if the objective is it will make sense if you reject it so we have to ask the goal first so that we can determine the steps we will take, whether to agree or reject
April 17, 2019, 09:54:42 AM
I understand that kyc has been a privacy issue for most ICOs and bounty participants. While most don't see need to do kyc, others avoid any project that requires doing it. For scam ICOs, what will they do with the people's I do that they have. For me, I'm not too comfortable with sharing my personal informational knowing fully well that a lot do happen in crypto space.
April 17, 2019, 09:49:54 AM
Bounty managers should first submit their KYC before they require bounty hunters. There is no chance a bounty hunter can acquire a big amount of their tokens that can be used in illegal activities while bounty managers do. There was a bounty campaign I joined before that the bounty manager ran away with all the token allotment for bounty hunters and it was so disgusting that a lot of bounty hunters who worked hard to get paid were not paid.
If KYC requirements made by companies with original and main purpose to prevent abusements from bounty hunters, I believe companies don't have intention to require managers that they hire to work for them have to do KYC. One campaign often managed by one manager, so how the only manager of each campaign can exploit campaign. Morever, if companies hired highly trusted managers, they certainly don't have to care too much about abusements from managers. In a summary, KYCs are not mandatory and unneccesary for campaign managers. 
April 17, 2019, 08:04:46 AM
Of course, its really needed for each bounty manager because most of the bounty manager still cannot do professional thing as we know like there are some bounty managers like wapinter, its very professional.
If you can know wapinter to be a professional manager without using his KYC has a requirement, then why are we not apply your same method to other managers? And if they eventually do the KYC we requested for, of what use exactly it is to us, I don’t know.Even if we get to know their personality, we can’t do much about them, because that will not guarantee that they will present a good project to us, the same way we view the projects we participate in is the same way they view it too, the only difference is that, they are just coordinating things.
Bounty managers are not our problem, scammers are and KYC should be requested from the company, not the bounty manager who is also an employee like us.
April 17, 2019, 12:15:40 AM
That is very good, but sometimes KYC is directly on web project itself, Bounty Manager is just a teller. But if there is a form like from a Google document, we have right to ask to original project team, that, is that true?
April 17, 2019, 12:04:23 AM
I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.
I also agree bounty manager should be the first to do the KYC.I think it is only fair to ask them to do it first since they are the first to promote the project and they are the manager of the bounty.
April 17, 2019, 12:02:25 AM
This topic has been discussed so many times before and in my opinion KYC is also helping bounty hunters, why?
Because KYC can eliminate all that multiple accounts that cheating the bounty, so the stakes will not go to them and back to the non cheated bounty hunters.
Because KYC can eliminate all that multiple accounts that cheating the bounty, so the stakes will not go to them and back to the non cheated bounty hunters.
And then you will be rewarded with scam coins. Which has no use for any in the future. If it's not worth it, then do not. It is still better to study the coin before investing your time.
April 16, 2019, 11:47:04 PM
I certainly agree with you. I guess that's the fair thing to do but I'm also sure that bounty managers won't do that for bounty participants. I guess some participants are doubtful to pass the Kyc requirements because they think that they're putting their private and personal information at risk. If bounty managers would pass the Kyc as well, participants would feel eased and confident to pass Kyc.
April 16, 2019, 11:35:43 PM
I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.
Bounty managers is also like bounty hunters they were hired for the work and they will get paid as well like hunters so asking them for KYC is also not fair.If you are not comfortable to submit any IDs to anyone then don't join on bounties because most of the projects were asking for KYC these days so better to join on bitcoin paying campaigns.
April 16, 2019, 08:27:23 PM
This topic has been discussed so many times before and in my opinion KYC is also helping bounty hunters, why?
Because KYC can eliminate all that multiple accounts that cheating the bounty, so the stakes will not go to them and back to the non cheated bounty hunters.
Because KYC can eliminate all that multiple accounts that cheating the bounty, so the stakes will not go to them and back to the non cheated bounty hunters.
And then you will be rewarded with scam coins. Which has no use for any in the future. If it's not worth it, then do not. It is still better to study the coin before investing your time.
April 16, 2019, 08:21:47 PM
I don't agree with kyc, infact nobody should submit their kyc for the bounty, crypto world supposed to be world of anonymity, and the project is a new project with small trust, we don't know how will the developers used the identity, they can used the data for identity theft without we knowing
April 16, 2019, 08:11:39 PM
If bounty manager will do KYC,that will be the decision of the developer and the team.
April 16, 2019, 08:03:01 PM
I think this sounds like a good idea. To have the kyc for bounty managers is like even, when they require bounty hunters to do a kyc thingy. But i think there should be no kyc and not necessary for the bounty hunters.
April 16, 2019, 07:55:05 PM
if the manager is also required by Kyc, it will be very fair. because they give their real identity just like participants. so if managers or bounty teams do scams, they can be easily tracked and found.
April 16, 2019, 07:41:34 PM
Spare yourself some headache and stop joining bounty campaign that is asking KYC from the very beginning of bounty campaign.
Based on the trend only those project that offers security tokens is usually asking for KYC for bounty participants so better skip all those STO's and stick with ICO that is operating outside the US
Based on the trend only those project that offers security tokens is usually asking for KYC for bounty participants so better skip all those STO's and stick with ICO that is operating outside the US
April 16, 2019, 07:35:23 PM
I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.
I think they are already doing it as part of the team, it's an agreement between the two parties, and about KYC it is always up to participants if he chooses to go for ICO with KYC, but the worst thing that could happen is if don't want to go for KYC but the ICO change thew rules and ask all participants to go for KYC.
April 16, 2019, 07:37:29 PM
I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.
Thats a good suggestion. I second this idea and strongly agree wirth it. By doing this we can lessen somehow this many scam bounty projects sprouting everywhere. Since KYC really reveals oneself and entity, I think theres no impostor anymore can just be manager of a certain project and in this way also all bounty hunters will be paid faithfully. April 16, 2019, 06:59:02 PM
The bounty manager has an agreement with the project team. And only they can demand that he go through KYC, taking him to manage the bounty, and this is not the manager who initiates the condition about the passing of KYC by bounty hunters. It also sets the team of a project. And to participate in this project or not, you decide.
Therefore, always clarify the terms of the bounty before taking part in the project, and the practice of passing KYC at the end of the bounty is not uncommon. I am not a supporter of passing KYC, and do not trust my data to unauthorized persons!
Therefore, always clarify the terms of the bounty before taking part in the project, and the practice of passing KYC at the end of the bounty is not uncommon. I am not a supporter of passing KYC, and do not trust my data to unauthorized persons!
April 16, 2019, 06:18:29 PM
Most of this policy were not introduced by the managers but the developers, and some if their reason for the KYC is that there are some country where the projects in question is not accepted as a result of some of the terms and conditions that are contrary to the existing law buy the government.
April 16, 2019, 06:11:56 PM
I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.
I believe you have a point here. Verification of the source of funds is important, but bounty hunters do not send funds. They put effort instead and that's something that AML should not be concerned of.
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