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Topic: KYC Requirement for Bounty Managers before they require KYC to bounty hunters. - page 7. (Read 10189 times)

sr. member
Activity: 1918
Merit: 256
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Doing KYC has a big risk in my opinion. I better ignore this if the website does not guarantee data security.
Don't use KYC for airdrop that's very suspicious.
member
Activity: 476
Merit: 10
You have a good point in there mate,In some point, but also bounty managers need to filter real people from cheaters so they can just give the right bounty rewards for real people. If this was actually a risk for you or to others  then you should not be participating in some bounty that has a KYC system.
member
Activity: 316
Merit: 10
Having a KYC system can open up the people that has a illegal motive to crypto, and I think its better and would be more accurate to the hunters to trust such manager, and so hunters will be following the exact doing by bounty managers.
member
Activity: 156
Merit: 15
I think bounty hunter should declare as kyc unnecessary for them and the future cancel it. For project team You should know that bounty hunter just accepted as a job. Personal I do not participate in kyc passing a project because there are many bad teams who do not deliberately accept kyc.
They have to do KYCs in some specific bounties in order to get payments. It does not solely depend on bounty participants, but also mandatory required by bounties managers/ companies which run those bounties. I don't like to do KYCs with bounties, because I don't know they will use my identities for unknow purposes.
sr. member
Activity: 1050
Merit: 250
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 you're not comfortable submitting any of your documents, well you are free not to apply in it. No one is forcing you to do it, that's why you will see some bounty threads from the starts they already declared if there is KYC or No KYC, so that the bounty hunters or Investors are aware of it, but  if the KYC will only be announce after the campaign or in the midst of the campaign, I can call it that is one of the stupid stupid project campaign in my opinion only.
I agree. by making regulations at the beginning of the campaign, I think this is fair, because there is no element of fraud. but if it is held in the middle of an ongoing campaign, of course makes us think of sending it, even though the team can change the rules.
it will make us confuse, especially for bounty hunter that never sent personal document as a requirement to received bounty.it should be fair to manage any campaign, end before bounty manager or dev team decided about kyc they have to think it carefully.
copper member
Activity: 1120
Merit: 2
You are right. I am going to have a look with you. Hunter works and some managers kill him payment. I am not saying all the hanter is good. It is also correct by doing some hanter mischief. However yes KYC i think hanter and bounty manager all Need.
member
Activity: 196
Merit: 10
Bounty hunters can do nothing, it will depend on the team and the project some managers receive different payments some receive the token of the campaign and some paid on BTC/ETH.

If a campaign manager doesnt want to submit KYC because he wants to remain unknown he can easily dont accept the bounty, so in short bounty participants have nothing to do with this thing, if you dont want to submit KYC like others then dont join on campaigns that requires KYC.
member
Activity: 462
Merit: 11
KYC are not just being implemented by bounty managers but also the project managers depending on the ICO. As you can see different projects require different information and there are projects that would require you to put your personal information in their platform. This can be seen quite often inf airdrops or bounty campaigns that would send your rewards in the account that you made with their platform.
hero member
Activity: 672
Merit: 507
LOTEO
Yes handing over KYC which information about yourself is a contentious issue. However you do not expect bounty managers to go through same processes like you because they are already known and it's for that very reason they are handling the project coordination and management instead of you .

However I understand your pains as a fellow bounty hunter. Invariably it's left for you to do such projects or not.
sr. member
Activity: 1176
Merit: 250
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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.
many bounty hunters may not believe in the existence of KYC but maybe it can be used as a way to do the Kyc for the bounty manager first and then do the bounty participants to be fair
sr. member
Activity: 686
Merit: 255
I've always had the same thoughts as you, because in my opinion it makes a lot of sense, no one wants to entrust his business to an unclear bounty manager, we as bounty hunters also need to know the real profile of the bounty manager so that everything becomes transparent
those who must be transparent are their leaders because it is likely that the manager's bounty is only doing KYC on the basis of orders from the project leaders. all forum members need transparency on the profile of the project maker.
jr. member
Activity: 224
Merit: 3
If I'm the bounty manager, I don't like to give my KYC to anybody because it can affect what I'm doing. Same with the bounty managers out there. One more, why would the bounty hunters join in a bounty campaigns that requires KYC. If they can risk their personal information for the sake of a small money then go I don't care and vice versa.

In the internet, nobody is trustworthy so how can you be so sure that your information will not be used into bad things? This is why I don't want to give my personal information to the people that I don't know personally.

I understand how you feel, the virtual world can always give us a lot of risks when we provide too much information for it, especially in the field of crypto, personal information is always a very important thing, it is a shield to protect our property, revealing to others that will harm our selves. Therefore, not only the manager of the bounty campaign, almost everyone dislikes the request for KYC, instead of having such excessive requests, they should ask for simple information as a real account to be able to talk and negotiate with each other, the bounty manager will never refuse this request
member
Activity: 700
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.

If you're not comfortable submitting any of your documents, well you are free not to apply in it. No one is forcing you to do it, that's why you will see some bounty threads from the starts they already declared if there is KYC or No KYC, so that the bounty hunters or Investors are aware of it, but  if the KYC will only be announce after the campaign or in the midst of the campaign, I can call it that is one of the stupid stupid project campaign in my opinion only.
I agree. by making regulations at the beginning of the campaign, I think this is fair, because there is no element of fraud. but if it is held in the middle of an ongoing campaign, of course makes us think of sending it, even though the team can change the rules.
legendary
Activity: 1260
Merit: 1001
It is not only problem of the bounty hunters, it is kinda global problem for the bounty managers and the team. If it was not mandatory I am sure noone will send his personal documents to the unknown team for the few cent worth tokens.
i see there are many bounty hunter do this stages to recieved their reward.before decided sending our personal document usually they will calculate their reward first.is it worthed or not,.send document for penny reward will not give us any advantages.
Information century forces us to handle the situations which has a higher leak potential. There are many factors that can reduce the risks, so rewards will decrease proportionally. Bounty hunters need to face with these factors.
sr. member
Activity: 686
Merit: 255
I am also not interested in doing KYC against the bounty because I think our personal data is too valuable if it is only for the requirements to take part in a bounty campaign.
sr. member
Activity: 1582
Merit: 333
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 you're not comfortable submitting any of your documents, well you are free not to apply in it. No one is forcing you to do it, that's why you will see some bounty threads from the starts they already declared if there is KYC or No KYC, so that the bounty hunters or Investors are aware of it, but  if the KYC will only be announce after the campaign or in the midst of the campaign, I can call it that is one of the stupid stupid project campaign in my opinion only.
some bounty campaign changes their rules about KYC when campaign ended.and it depend to us ,will we continue this process or not to receive our bounty campaign.i am sure changes rules in the end of campaign will make bounty hunter surprise.especially for them that not to be honest.
copper member
Activity: 714
Merit: 5
I think no one wants to reveal personal information to others, but the problem here is that bounty hunter's KYC is not against money laundering, but to limit cheaters, although it is not very effective.
sr. member
Activity: 854
Merit: 252
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 you're not comfortable submitting any of your documents, well you are free not to apply in it. No one is forcing you to do it, that's why you will see some bounty threads from the starts they already declared if there is KYC or No KYC, so that the bounty hunters or Investors are aware of it, but  if the KYC will only be announce after the campaign or in the midst of the campaign, I can call it that is one of the stupid stupid project campaign in my opinion only.
sr. member
Activity: 1078
Merit: 354
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're right to be cautious about submitting KYC information, particularly when there are so many scams about.
In general though I think the KYC requirements are just companies being ultra-cautious and trying to stay on the right side of what are often vague or uncertain legal requirements.
full member
Activity: 784
Merit: 101
I've always had the same thoughts as you, because in my opinion it makes a lot of sense, no one wants to entrust his business to an unclear bounty manager, we as bounty hunters also need to know the real profile of the bounty manager so that everything becomes transparent
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