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Topic: KYC requirements on BitcoinTalk Bounty Campaigns Become Worst! - page 6. (Read 653 times)

sr. member
Activity: 1400
Merit: 283
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?
I honestly think that KYC is overused and should only be tied to token purchase, because right there is where the problem comes from because people would use their coin or token to buy a huge amount of it to do some money laundering that is why the KYC was created and implemented into these ICOs and not  to be used in the bounty campaigns, if they want to limit how much one could earn from their campaign or to counter the abuse of it they should just require the participants to be bitcointalk users with high ranks.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
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?

It's most likely the best way to delay payment or to avoid paying bounties. Most bounties would not announce the KYC requirement on campaigns not until the end of the campaign.
hero member
Activity: 784
Merit: 500
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?
The KYC process is there for a reason as far as I know. So many bounty hunters scam the project's intention with asking non-ethic questions for getting more from bounty distribution. The differences can be the reason why bounty managers want to apply KYC.
member
Activity: 690
Merit: 12
There are consequences for every action
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
full member
Activity: 210
Merit: 100
https://discord.gg/7nMXwCk
There a pkatform currently working to make kyc more efficient and fast you can check on telegram for it CETH
hero member
Activity: 3038
Merit: 617

You always have the choice not to submit documents and IDs to them, you are not forced to join the bounty campaign either. What you could do is just to avoid it if you are very concern of your privacy and possible compromise. I'm also against it but we can't just object to it because its their rules so its best not to be subjected to it.
sr. member
Activity: 1246
Merit: 306
C U
Personally, I won't even give my ID to any of these shitty icos.. Some icos might make me send my papers but the others won't even gain my attention. I don't suggest sending your papers here and there.. Keep your privacy because the value that you will earn will not replace your hacked identity if you picked up a scammy bounty.
full member
Activity: 283
Merit: 100
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.
jr. member
Activity: 172
Merit: 1
It is very bad of them especially those that usually request for KYC after the end of the campaign. It's just a way of denying many hunters of their rewards but I don't have issues with those that requests for it in the beginning of the campaign.
sr. member
Activity: 2184
Merit: 470
Telegram: @jperryC
It's my first time hearing a bounty that requires a KYC that didn't accept a national ID may I know what do you mean by too much? Do they required more documents? Well if yes I think it's really for a bounty to ask for more even if its against for spam and abusive users.

A KYC is only for investors and most of the projects accepts national ID to know their legibility but not from a bounty campaign. I suggest to stay away from that campaign as possible also from any bounties and airdrops that requires KYC to be able to participate. Don't sell your identity for a few tokens.

Last thing, can you name the project? So the users here can conduct their own review about the bounty and project itself.
sr. member
Activity: 1680
Merit: 259
There are still many bounties who do not do KYC and still pay with their tokens. There is even a price. If you do KYC carelessly, then your data can be misused by them.
full member
Activity: 932
Merit: 100
arcs-chain.com
I think we should limit our participation in campaigns that require KYC, please choose the project carefully.
copper member
Activity: 448
Merit: 3
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.
jr. member
Activity: 109
Merit: 1
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?
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