KYC requirements on BitcoinTalk Bounty Campaigns Become Worst! - page 2.

sumangs

full member

Activity: 644

Merit: 101

Quote from: Kunotcoin on April 19, 2019, 11:15:12 AM

Lately i'm just inspect most of the active Bounties in the forum and i even try visit those KYC requiring Campaigns i was find out that some of the campaigns are not accepting national ID's and requiring too much in order to recieve tokens I think its rude and too much what do you think?

Also some are requiring billing address and I think it attacks my privacy and the anonymity becoming nonsense. Becoming ironic that the cryptocurrency supposed to be anonymous. So it is really rude at all even on the national IDs and another thing is that what if the ICO is a scam then our identities and location is known to bad people.

It is acceptable if it's an exchange that gives KYC for security purposes. But on bounty campaigns on where the payments are not yet confirmed? I think not this time and it really needs changes.

H1N1

full member

Activity: 812

Merit: 100

Quote from: Kunotcoin on April 19, 2019, 11:15:12 AM

Lately i'm just inspect most of the active Bounties in the forum and i even try visit those KYC requiring Campaigns i was find out that some of the campaigns are not accepting national ID's and requiring too much in order to recieve tokens I think its rude and too much what do you think?

Could you tell us with specific details about what bounty campaign did you visit ?
From my experience with KYC-required bounty campaigns, my KYC always accepted.
If you cannot submit your documents for KYC, then i guess you will have to find other bounty.

installer

full member

Activity: 294

Merit: 100

I do not think it is very necessary to require from bounty hunters to undergo a KYC process every time and after each bounty programme. In my opinion, team members just do not want to give away so much tokens, thats why they are doing KYC at the end.

CAPT.DEADPOOL

full member

Activity: 854

Merit: 102

PHORE

For the good of kyc for ico investors to find out who are the buyers of coins in their ico because there are many scammers and bowels in the ico to find out who is not true but if the kyc bounty will be discussed for me this is not right for bounty hunters because they have privacy in themselves to hide their personality so for me or my openness is incorrect to have kyc in any bounty that is being released to be a bounty manager of the joining their bounty to protect the good members of the cheats using multiple accounts in bounty.

m0Ray

sr. member

Activity: 868

Merit: 251

If you agree to provide your documents to the developers then you can agree with the administration of the community and explain the whole situation. But the question remains - do you need it? You give your personal data and you may not get anything for it.

z21770179

sr. member

Activity: 474

Merit: 250

Quote from: Kunotcoin on April 19, 2019, 11:15:12 AM

Lately i'm just inspect most of the active Bounties in the forum and i even try visit those KYC requiring Campaigns i was find out that some of the campaigns are not accepting national ID's and requiring too much in order to recieve tokens I think its rude and too much what do you think?

This is a good point because they want to verify that their bounty participants are not cheat or belong to countries that do not accept during the token sale process when participating in the bounty. However, if the bounty ends and they do not accept some participants from some countries, it is wrong

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: btccrusher on April 21, 2019, 03:44:35 AM

Most projects allow National ID, Driving license and passport for the KYC, a few of 'em has Passport only option with the driving license in an alternative. KYC is not always bad, but it should not be for airdrops or bounties. I know some airdrops require KYC for the $1 worth token, that make sense what they gonna do with these data.

And who the hell among us who's in right mind that will provide our personal data for only a single penny, I think it's not worth to risk your ID for that small rewards that you'll gonna get, it's not good to give your information in some project who don't have any potential not for airdrops because of the
higher chance that they'll gonna sell your personal data in the black market.

tenakha

hero member

Activity: 1470

Merit: 509

AFAIK if the informations in the national ID is written in English, this should not be a problem. But if the information in identity is written only in own language, it is the government's wrong. There is a world language, no need to learn the language of each country.

Perfect35

member

Activity: 854

Merit: 10

There are platforms that conduct kyc and I feel safe getting it done with them. Some projects have registered with them.
These platforms do not store real pictures which can be stolen, rather, they store the ash of the submitted documents.
I prefer using them than submitting my documents to those I do not trust.

btccrusher

member

Activity: 742

Merit: 12

Most projects allow National ID, Driving license and passport for the KYC, a few of 'em has Passport only option with the driving license in an alternative. KYC is not always bad, but it should not be for airdrops or bounties. I know some airdrops require KYC for the $1 worth token, that make sense what they gonna do with these data.

zulfi125

full member

Activity: 1382

Merit: 105

As you know kyc is almost compulsory requirement for ICO's and also for bounties so if your ID card not in English than you will not get approved you should make driving licence or ID card in English.

gilangIDR

legendary

Activity: 1526

Merit: 1001

Quote from: Kunotcoin on April 19, 2019, 11:15:12 AM

Lately i'm just inspect most of the active Bounties in the forum and i even try visit those KYC requiring Campaigns i was find out that some of the campaigns are not accepting national ID's and requiring too much in order to recieve tokens I think its rude and too much what do you think?

Some project bounties do apply different rules. But if the regulation has been too strict and has made no sense, we should protest. because I have also found a project bounty which, in the beginning, implemented normal KYC regulations, but along with the distribution that the manager campaign provided complex requirements. so it could be that the project wants to hinder distribution and that it is a bad strategy, we deserve to be sued and based on existing rules. We can give an argument and that is our right as a bounty participant.

babysweetTiger0401

sr. member

Activity: 777

Merit: 251

Quote from: Kunotcoin on April 19, 2019, 11:15:12 AM

Lately i'm just inspect most of the active Bounties in the forum and i even try visit those KYC requiring Campaigns i was find out that some of the campaigns are not accepting national ID's and requiring too much in order to recieve tokens I think its rude and too much what do you think?

Comparing to the ico campaign that are not requiring KYC is much better and good to participate in, rather than the campaign who are requiring KYC for the bounty participants. Sometimes because of KYC the distribution was being delayed and sometimes also its being unfair too for the bounty participants in some other way. However, there is an instances that if there are some campaign requiring KYC there is a big chances that their token has potential to increase its value in the future.

Mkmanik

hero member

Activity: 986

Merit: 516

Quote from: GunsLair on April 20, 2019, 02:13:22 PM

I, in turn, can say that I received a good reward in the bounty campaign, which required KYC verification. So we can't say with certainty that all such projects - scam This is not true. Although I wouldn't mind if KYC were canceled for bounty, and would be left only for investors.

Actually, if you found a good project with a great future plan then its okay to do KYC for bounty or as an investor. I did KYC for Gladius coin bounty, It was one of the great projects.but soon SEC announces that it would be a security token.so why sold all of my coins and get out from this project. however, Doing KYC for some good project is okay.you just need to be careful where you are submitting your Documents.

Argoo

sr. member

Activity: 2352

Merit: 245

Quote from: Kunotcoin on April 19, 2019, 11:15:12 AM

Lately i'm just inspect most of the active Bounties in the forum and i even try visit those KYC requiring Campaigns i was find out that some of the campaigns are not accepting national ID's and requiring too much in order to recieve tokens I think its rude and too much what do you think?

If the ICO teams do not accept national documents for their KYC checks, then I’m absolutely sure that such a KYC check is carried out after the ICO and it is carried out only in order for artificial reasons not to pay to the head hunters the tokens they earned.
It should be said that the KYC check on bounty hunters is generally illegal, since it should be carried out only with the aim of preventing the laundering of dirty money and fighting the financing of terrorism. ICO bounty campaigners do not invest in ICO projects and therefore cannot be suspected of laundering dirty money or financing terrorists. Therefore, only KYC investors can be tested. ICO teams are now abusing their rights, taking advantage of the fact that this activity is not yet regulated.

GunsLair

jr. member

Activity: 644

Merit: 1

I, in turn, can say that I received a good reward in the bounty campaign, which required KYC verification. So we can't say with certainty that all such projects - scam This is not true. Although I wouldn't mind if KYC were canceled for bounty, and would be left only for investors.

andor.gellenhidi

full member

Activity: 602

Merit: 100

I have already expressed my opinion on KYC on such topics many times, but I think that KYC is a process created artificially to create problems for people. We have to bypass these requirements, because KYC is only SEC requirements and they should not be related to cryptocurrency

Carrelmae10

member

Activity: 588

Merit: 10

Quote from: betty11 on April 19, 2019, 11:40:59 AM

Most campaigns that require KYC for bounty hunters usually won't do well, maybe the KYC will be collected and be sold off in the dark web. Just look for bounty that doesn't need KYC. I have the believe that cheating by hunters can be fought using technology, through different authentication.

..yeah that's right..and most of the bounties that do KYC are scam..so let us just limit joining bounty campaigns..it is worrisome to do KYC because you'll need to give your private info,which violate our rights to have privacy..our personal information is private and we have the right not to disclose any of our information..so better avoid bounties which requires KYC to avoid regrets in the future..

jessyj48

member

Activity: 756

Merit: 14

I'm sure it's not just my luck, many bounties requiring KYC has never for once pay me so I wonder why people are still joining those kind of bounties,its kinda fraudulent activity to me, maybe your IDs are sold off? Who knows

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: Kunotcoin on April 19, 2019, 11:15:12 AM

Lately i'm just inspect most of the active Bounties in the forum and i even try visit those KYC requiring Campaigns i was find out that some of the campaigns are not accepting national ID's and requiring too much in order to recieve tokens I think its rude and too much what do you think?

Bounty campaigns have the luxury to ask for so much information because there are many bounty hunters that are willing to do anything just to get some tokens and they are willing to give up any kind of information to a bunch of strangers and to go against the ideals of cryptocurrencies just to get a few dollars and as long that is true KYC for bounties will continue.

Topic: KYC requirements on BitcoinTalk Bounty Campaigns Become Worst! - page 2. (Read 675 times)