Topic: KYC Requirement for Bounty Managers before they require KYC to bounty hunters. - page 19. (Read 10258 times)
April 16, 2019, 11:09:42 AM
I'd go a step further - there should be an industry third-party association to KYC not just bounty managers, but also ICO companies. Companies with founders who fail the KYC should not be allowed to demand KYC documents, IMO.
April 16, 2019, 10:13:21 AM
You have not stated your reasons why you think BM's should be required to submit KYC. Who do you think they should submit them to? The ICO team?
I think he wants bounty managers to submit KYC to the ICO team, because no bounty hunters can ask that, that's actually none of our business although it is recommended submitting KYC should not be done in public and should only submitted internally between the two parties, in this case, bounty managers and the ICO,
April 16, 2019, 10:10:24 AM
Do you really think that bounty participants can force that issue in the bounty managers? And I don't think that the bounty managers are the one who implements that. It's the project itself. You really can't protest over it. The best move you can make is just to avoid the bounties that implements KYC.
April 16, 2019, 09:52:04 AM
There are bounties that can fill up the kyc on their website because it's a challenge to withdraw their rewards with their earned rewards in the bounty and do it to be fair to other bounty hunter and avoid multiple accounts of other bounty hunter but I can tell if the kyc really kick in bounties I can say it's not because of the privacy of these bounty hunters and should not be so or least of their information because of their privacy and so much bounty to come out and not all are legit scams too and the other is kyc ss their bounty so it's so risky because they can use your kyc in scam by other people.
April 16, 2019, 09:34:52 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.
here we go again with the kyc issue again. So we are no longer talking about project teams doing kyc, we are going to be talking about bounty managers doing kyc, what for? You have no good reason why that should happen and still it can't be carried out 
April 16, 2019, 09:16:26 AM
Well there are some bounty campaigns, that assumes you as an investor since they distribute your payment as they distribute the coin to the investors, so they threat bounty hunter the same as the investors, and the law in their state demand KYC from all of their customers including bounty hunter. And I believe before any project hire bounty manager they will do more than KYC.
April 16, 2019, 04:01:00 AM
It may good ideas, probably.
However, the necessity of KYC is from the team of the projects commonly, not from the Bounty Manager, right?
Many BM sometimes doesn't tell the bounty hunters at first that they will need KYC to get or receive the rewards.
However, in the middle or at the end of the bounty program, the team changes the rules. Anyone who wants to get and be able to receive the tokens or ICO must fulfill KYC because it is is an obligation from the bank or others. IN this case, It may also happen to the BM, they also should fulfill the KYC process in order to receive the rewards from the team of the projects.
In my opinion, the important thing is that the real data of the project team and developers proved by their ID document in order to ensure to the investors and bounty hunters that they are real, they are not scammers.
However, the necessity of KYC is from the team of the projects commonly, not from the Bounty Manager, right?
Many BM sometimes doesn't tell the bounty hunters at first that they will need KYC to get or receive the rewards.
However, in the middle or at the end of the bounty program, the team changes the rules. Anyone who wants to get and be able to receive the tokens or ICO must fulfill KYC because it is is an obligation from the bank or others. IN this case, It may also happen to the BM, they also should fulfill the KYC process in order to receive the rewards from the team of the projects.
In my opinion, the important thing is that the real data of the project team and developers proved by their ID document in order to ensure to the investors and bounty hunters that they are real, they are not scammers.
April 16, 2019, 03:57:09 AM
Why bounty managers have to do KYCs. Most of them have been in the list of DT members for too long, most of them get highly positive trust, and most of them have many contributions to the forum. I implied about good managers, not the one whom tend to promote scam projects, or scam ICOs.
It is the same for Escrow service providers, highly trusted.
In general, why high trusted users have to do KYC?
In addition, KYCs come from demands of companies that run bounties, not come from the forum laws.
Lastly, theymos does not support the idea to have KYC requirements for public places like our forum.
It is the same for Escrow service providers, highly trusted.
In general, why high trusted users have to do KYC?
In addition, KYCs come from demands of companies that run bounties, not come from the forum laws.
Lastly, theymos does not support the idea to have KYC requirements for public places like our forum.
April 16, 2019, 03:49:51 AM
it is not fair to anybody to submit their KYC to someone who is not abiding by the law themselves.
KYC is required when the place that is asking for it is already regulated and is bound by law to protect your identity and the personal documents that you give them but when the ICOs are just random people who don't abide by any law and they have always sold your documents online there is no reason for you to give it to them!
KYC is required when the place that is asking for it is already regulated and is bound by law to protect your identity and the personal documents that you give them but when the ICOs are just random people who don't abide by any law and they have always sold your documents online there is no reason for you to give it to them!
April 16, 2019, 03:19:35 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.
Yes, I agree, because it has been proven that many Bounty participants use multiple accounts, so it will be detrimental to honest participants, so it is not a problem to need KYC for Bounty participants. But it is very fair if the Bounty manager is also required for KYC. 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.
April 16, 2019, 03:03:55 AM
Whatever it is, I think it must always prepare documents for KYC. And actually we have been assisted since the beginning because there are many projects that have notified KYC since the beginning of the campaign. It's just that we also have to be careful because KYC isn't always good.
KYC at the beginning was better than having to be KYC in the midst of a bounty campaign, so the point is we have to be careful in KYC because our ID is more important and valuable so that the identity is maintained.
April 16, 2019, 02:58:59 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.
April 16, 2019, 02:57:51 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.
After seeing some untrusted managers were running scam bounty and that makes sense to do that. But they always try to create an alternative way by putting their own rules. Just try to avoid it rather than forcing them to do that because they will not do that. April 16, 2019, 02:54:15 AM
I actually stopped joining other projects that required KYC for bounty hunters. Maybe I am not thinking well who should be required (BM or ICO Team) to submit KYC but regardless, aren't you bothered by giving your ID to people you don't know? To a company that just started and hasn't proven anything yet? they can disappear and sell our IDs somewhere ( this always on my mind)
April 16, 2019, 02:35:03 AM
Whatever it is, I think it must always prepare documents for KYC. And actually we have been assisted since the beginning because there are many projects that have notified KYC since the beginning of the campaign. It's just that we also have to be careful because KYC isn't always good.
April 16, 2019, 02:30:30 AM
As for me, I don't see any big deal in enforcing KYC for bounty hunters in order to reducr the activities of cheaters. The only thing that I don't like about it is bringing kyc at thr dnd of the campaign knowing full well thaf not all hunters will have the required documents for it.
April 16, 2019, 02:27:13 AM
Don't blame the bounty managers, it's not there own personal idea but the project teams or developer, it's better not to join bounties that requires KYC if you don't want to submit your ID it's not by force
April 16, 2019, 02:22:35 AM
You can't compare them though. Your reasoning is flawed in the beginning. They are the ones running the bounty so I doubt that they should require KYC in the first place. If you wanted KYC then it should be the project behind and not target the bounty hunters themselves because they are just an employee of that ICO project.
April 16, 2019, 02:02:03 AM
You have not stated your reasons why you think BM's should be required to submit KYC. Who do you think they should submit them to? The ICO team?
April 16, 2019, 01:56:54 AM
Keep in mind that whatever your complaints about KYC, I don't think they will be able to change their decisions. Anonymous properties are no longer maintained. This is indeed contrary to the Crypto base. However, everyone also has the right to refuse it, but they will not receive tokens.
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