Mostly the Team project will go to known bounty managers, why they need to do KYC.
And, If the bounty managers did KYC! how do we know if they really did? only the team who manage the KYC knows that.
So what is the purpose? as kyc documents cannot be post in public!
Topic: KYC Requirement for Bounty Managers before they require KYC to bounty hunters. - page 5. (Read 10189 times)
July 24, 2019, 02:37:02 PM
July 17, 2019, 03:03:52 PM
Kyc for the bounty hunter not bad but of course Kyc date should be announced before starting any bounty. It is very interesting that trust bounty hunter is available for kyc and a member can not join more than once for kyc.
Actually there are some projects that kyc announces after the end of the bounty which becomes difficult and painfull for all the bounty hunter.
Actually there are some projects that kyc announces after the end of the bounty which becomes difficult and painfull for all the bounty hunter.
July 24, 2019, 01:32:49 PM
Noone should be asking you for your KYC in the first place. They don't use official KYC companies that will protect your data. YOu giving your KYC directly to the dev and thats a big no no.
Projects asking for KYC stay away from. Even ICO that want KYC is ridiculous.
If you ever have to give your KYC it will be to somewhere like localbitcoins. Localbitcoins has a proper KYC company that keeps peoples info safe. localbitcoins do not see the KYC only the KYC company. Only one pair of eyes ever see your info. Once you pass that is it. You done forever.
Projects asking for KYC stay away from. Even ICO that want KYC is ridiculous.
If you ever have to give your KYC it will be to somewhere like localbitcoins. Localbitcoins has a proper KYC company that keeps peoples info safe. localbitcoins do not see the KYC only the KYC company. Only one pair of eyes ever see your info. Once you pass that is it. You done forever.
July 24, 2019, 01:24:09 PM
If the KYC is also applied to the Bounty manager I think it's a great idea. But as long as this is not the case and the project using KYC tends to be unsuccessful. For me actually submitting personal data is not a problem. As long as the project has good potential and has professional developers.
July 18, 2019, 05:43:57 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.
If kyc is included in the rules then that's fair enough since you're already aware at the start so you have the time to decide if you want to join or not , otherwise this is one way of showing the legitimacy of the project , even you are not an investor but you're part of the team.
July 18, 2019, 05:16:13 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 have been into bounties for up to a year now and since then all the projects that required KYC are useless projects. Most of them just hide under the umbrella of compliance and in real sense they actually didn't register the project under any compliance agency. I don't see any reason why KYC should be required because most of the project are not under any compliance agency and in short they do not need KYC.
July 17, 2019, 01:16:39 PM
Yups, thats true, many people using fake account for referral bounty. Using KYC maybe stopping them. But, we are as bounty hunter need to know, what happen with our document if the projects being scam.
sell it to people who need our data, maybe.but if not then it will not be used for anything. they only give us a busy life as if they will still pay us, and then they run away.
July 18, 2019, 11:33:07 AM
I think KYC for bounty managers is also needed, because it is not only the bounty manager who is required to get to know bounty hunters by doing KYC, but bounty hunters also need to know who the bounty manager is by doing KYC, because it is very important for the integrity of the bounty manager
July 17, 2019, 12:36:16 PM
Well it not secure putting your details out there but I think the re are rules to every game. My only suggestion is to make people aware if there will be KYC involvement rather than waiting for the later. With bounty managers KYC I agree to at least bring fairness to community.
July 18, 2019, 11:27:43 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'm not sure what BMC information we need to do. Because BM is also the only person hired to manage bounty, and the final decision is still from the project team. So I think we just need to check the team information. July 18, 2019, 11:19:40 AM
Nobody knows what happens behind the scenes and I believe that projects are communicating with bounty managers not only with help of telegram or BTT, but personally as well. Moreover, if team does not want to share rewards with all hunters, they just implement the KYC.
July 17, 2019, 12:04:54 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 have been into bounties for up to a year now and since then all the projects that required KYC are useless projects. Most of them just hide under the umbrella of compliance and in real sense they actually didn't register the project under any compliance agency. I don't see any reason why KYC should be required because most of the project are not under any compliance agency and in short they do not need KYC.
July 18, 2019, 11:07:20 AM
KYC should not be being asked for in the first place. They just average joes, not government officials and I don't know if you are aware of this but collecting KYC is a bussniss. The dump all that info on the darkweb for example (probably clear web too) then marketers or advertisers will buy that info.
Best case senary is your info is being sold or was just forgotten.
Worst case is someone steals your identity and you end up in jail. Or you ger murdered by a lunatic.
ONLY GIVE KYC TO GOVERNMENT OFFICIALS!!!
Best case senary is your info is being sold or was just forgotten.
Worst case is someone steals your identity and you end up in jail. Or you ger murdered by a lunatic.
ONLY GIVE KYC TO GOVERNMENT OFFICIALS!!!
July 18, 2019, 11:01:59 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.
You are right, it is related to one's personal data and it is strongly recommended to read the rules before you continue the next step in a campaign and it all depends on how the inisation from a manager to manage a project whether KYC is deemed necessary or not.
July 18, 2019, 08:02:52 AM
KYC of bounty manager will ensure that at least the project is not a scam. If they need KYC of bounty Hunter to ensure that no one becomes greedy, so before that, they should prove that they are not scammers.
You are right before collecting our documents they need to prove themselves they are very good company. We have seen many companies are becoming scam once after raising the money without any developments.
July 18, 2019, 07:42:56 AM
KYC of bounty manager will ensure that at least the project is not scam. If they need KYC of bounty Hunter to ensure that no one become greedy , so before that , they should prove that they are not scammers.
July 18, 2019, 07:11:28 AM
you made a lot of sense in your post. Most of these projects are known scams. yet they requested for KYC which is certain that they will end up selling people information and claiming they failed to reach a successful hardcap when the aim of the whole project has been achieved which collecting people ID. Most Managers are not aware of this sudden change until it is made known to them.
IF I become a bounty manger which i am aspiring to be, any project that failed to request for KYC in the beginning of the bounty campaign will loose every bounty reports if they decided to request for KYC at the end of the bounty. i will cancel and trash every reports and also order participants to delete information about the project from their account.
bounty managers need to stick to their polices.
IF I become a bounty manger which i am aspiring to be, any project that failed to request for KYC in the beginning of the bounty campaign will loose every bounty reports if they decided to request for KYC at the end of the bounty. i will cancel and trash every reports and also order participants to delete information about the project from their account.
bounty managers need to stick to their polices.
July 17, 2019, 03:02:56 PM
As a bounty hunter we can not ask KYC from the bounty manager and he is not bound to give us. Its totally depend on us whether to provide our KYC or not. Where KYC demanded we have no choice to give it otherwise we will loose our reward. Most of us are not happy to provide our docs that can be misused. We can only hope that our docs will not be misused. Ultimately you have to provide it if you want to receive your rewards.
July 17, 2019, 02:44:32 PM
I think the bounty manager does the same KYC as the bounty hunters do, for them to have the payment on their work.
If the project team requires the KYC and then it will go through all of the participants, and to tell they are the same as the hunters.
If the project team requires the KYC and then it will go through all of the participants, and to tell they are the same as the hunters.
July 17, 2019, 01:35:53 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 also share your sentiment because I also do not but the idea to requiring kyc from bounty hunters before getting their bounty reward. Then back to main topic, bounty managers even need more than kyc, other verifications that can prove their integrity should also be demanded before being allowed to manage any bounty. Jump to: