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Topic: KYC Requirement for Bounty Managers before they require KYC to bounty hunters. - page 5. (Read 10258 times)

full member
Activity: 791
Merit: 139
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!
full member
Activity: 1177
Merit: 102
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.
sr. member
Activity: 906
Merit: 263
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.
member
Activity: 588
Merit: 10
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.
member
Activity: 490
Merit: 11
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.
full member
Activity: 1008
Merit: 101
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.
We all need to think like this because as much as I know after submission of KYC number of scamming cases has reduced and now in market scamming is almost finished. So asking KYC in market is only because of our own security. I am also happy to submit my account verifications as there is nothing bad in it.
sr. member
Activity: 1078
Merit: 256
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.
There's people who will buy information around the net there's no question about that as they can used it to scam or to do things illegally so be well aware before you participate with things that will requires you submit this kind of information you are not safe inside this market deal only with this when you are fully sure about the company.
full member
Activity: 756
Merit: 100
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
member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
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.
full member
Activity: 339
Merit: 100
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.
copper member
Activity: 224
Merit: 0
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.
full member
Activity: 672
Merit: 100
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.
hero member
Activity: 924
Merit: 501
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!!!
member
Activity: 1540
Merit: 22
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.
member
Activity: 700
Merit: 12
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.
copper member
Activity: 476
Merit: 0
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.
member
Activity: 616
Merit: 16
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.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
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.
hero member
Activity: 1666
Merit: 453
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.
member
Activity: 566
Merit: 10
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.
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