Topic: KYC requirements on BitcoinTalk Bounty Campaigns Become Worst! - page 4. (Read 653 times)
I often see bounty campaigns that offer an exchange then with 99% this type of bounty campaign will need KYC to join with. Because the participant will get the token through the exchange, you may know the avarage of centralized exchange will need KYC for the user. But for the bounty campaign that offer a project token or coin then they won't need KYC to join with. Because the avarage project token or coin will use decentralized system instead centralized system. I only see that, but I don't know the exact reason as a whole, because I'm not bounty hunter I just watched a number of new projects emerge.
It depends to them if they require KYC in their bounty campaihbs because that is their money or token and depends to them if they implement KYC or not. If you see that they havd requirements don't participate that's it is only a simple logic.
even though its a means to checkmate and weed out bots and greedy people taking party in a campaign but personally i am not comfortable with kyc. most times many of campaigns that require this dosent do well at the end of the day because its a not a guarantee to measure excellence of a project. a bad project is still bad with or without kyc and vice versa.
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.
Lol
I think otherwise
Bounty kyc usually worth nought; we have lots of project that vanished even after kyc applications
So when you say cheating; I agree with you
But there is none that can be done to alter the effects
Do not write these nonsense. The KYC check should be used only for the prevention of money laundering and the fight against the financing of terrorism. Bounty hunters, not being investors in ICO projects, can be related to money laundering or terrorism?
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 completely scam but nothing we can do other than stop joining bounties,if you still join then you may faces these situation in the future as well.Make demand for bounties then only bounty will make offers in the favour of hunters. avoid it if it doesn't make sense, there are still many projects that receive tokens prizes without having to do KYC requirements, KYC systems are often misused by them for any purpose, especially if it's only to get tokens from airdrop obviously not comparable.
but usually, a KYC bounty has more value/rewards than the bounty that has no KYC
by using KYC it prevents a participant to join more than 1 account in the bounty
Personally, I don't like to do KYC for the bounty. Nowadays I am not so active for the bounty campaign. but when I was very active I didn't join any bounty that asked for KYC.because I don't trust anyone with my personal documents.If they want they can sell my documents for quick bucks.so be careful where you are giving you personal documents.
For just only bounty it's not wise to share personal documents. you can skip those bounty project, If you found the project is really good and everything is fine then you can do it. but I don't support it at all.
For just only bounty it's not wise to share personal documents. you can skip those bounty project, If you found the project is really good and everything is fine then you can do it. but I don't support it at all.
avoid it if it doesn't make sense, there are still many projects that receive tokens prizes without having to do KYC requirements, KYC systems are often misused by them for any purpose, especially if it's only to get tokens from airdrop obviously not comparable.
in fact they don't want to pay fee to bounty hunter .i will ignore the bounty project which require KYC.
There are still so many bounty campaigns that do not require KYC. We cannot blame the project if they require KYC for the hunters, they are just complying in law. If you guys don't want to do KYC then don't join bounties that requires it rather join that bounties that didn't require.
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?
Majority of them only accepts passport and you have to do a selfie with you holding the ID and it's not a guaranty that you will automatically pass you will have to wait a week or two before you'll know that you have passed, this is one of the risks that you have to take, the best that you can do is just to make sure that you are participating in a legit ICO that is compliant, to the country where they are operating or don't participate.
too complicated and troublesome, even in some bounty cases, there are also those who cannot accept the documents that have been sent. this is obviously very complicated and difficult, because first bounty does not require kyc and everything works well.
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.
Lol
I think otherwise
Bounty kyc usually worth nought; we have lots of project that vanished even after kyc applications
So when you say cheating; I agree with you
But there is none that can be done to alter the effects
Having KYC is somewhat proof for identity, don't just go on participating a bounty campaign then giving out personal information to the ICO, but if the information that is being needed is not confidential then you should go for it, and if you really want to avoid and stay anonymous on the forum then there are hundreds of bounty campaigns that does not require the need of KYC in order to join.
Many campaigns don't require KYC to participate in the beginning, then at the last hour, at the time of paying, they invent the need to do, I have seen this happen many times. If it's already a rule in the beginning, you decide whether or not to participate.
What! National IDs weren't enough? What kind of requirements they really need, birth certificate? Lol. I haven't experience such thing before until now (since I'm not really into bounties) but in my perspective it is really unfair. It's just like you are the slave and they are your master, payments and benefits are not yet assured because of their mistreating attitude (KYC) towards you.
If I were you, stop it already. Your time will be wasted if you continue. Much better if you'll just find other ways of living.
If I were you, stop it already. Your time will be wasted if you continue. Much better if you'll just find other ways of living.
I have never questioned the real KYC. Because what I saw first was how the project was. If the project is good, of course I will always be ready to do KYC. And also the project in my opinion is not good and not potentially of course I can't do it because I just waste my time doing KYC for projects that are not good.
Be thankful they are requiring KYC procedures upfront. There were bounty campaigns that suddenly require KYC submissions mid-stream into the campaign, sometimes even after the campaign has ended. Talk about double speak.
The KYC process is bad when you have to send your ID and other documents for just $XXUSD, there is no sense of that when you're not investing money into the project.
Doesn't really mean it's bad. And there are actually bounties that require KYC before distribution so I don't get your point on the "no sense" thing. And not all. Bounties that require KYC are bad projects. INS required KYC before and it actually became profitable.
Having KYC is somewhat proof for identity, don't just go on participating a bounty campaign then giving out personal information to the ICO, but if the information that is being needed is not confidential then you should go for it, and if you really want to avoid and stay anonymous on the forum then there are hundreds of bounty campaigns that does not require the need of KYC in order to join.
The most simple solution for that problem is just do not join those kind of campaign if you are not comfortable submitting your personal document. Those projects that requires KYC do that mostly because they need to comply to their state's law because the project are regulated by official government. I believe those project also irritated by KYC requirement since it also time consuming and need more effort. But, when the KYC are comply with government regulation it will less likely to become a scam.
So there is always an option and bounty hunters always have a choice.
So there is always an option and bounty hunters always have a choice.
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