i think they already fill kyc. and im sure if bounty and investor must fill it.
kyc is not only to 'give your information to other party' like it have bad thought, but its for to know who the participant, and they cant use multiple account for bounty participant. if there any problem, they can do what they can do.
Topic: KYC should be for big whales (Read 25360 times)
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
That is how it is supposed to be. It is also supposed to be given by a verified company. The devs are never suppose to see your personal info. You should get verfied once by a company that does KYC and will protect your data. From then when asked for KYC you just direct the person to the website and they check that your status is in the green. In doing so you only ever expose yourself once to one company that legally must protect your data. I don't see why this is such a problem. Noone has any business asking your your personal details. If they are then they must have bad intentions or using it as some sort of excuse or another.
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
I fully agree with this statement. The KYC is not really aimed at the goals that it covers at the moment. It is reasonable to assume that a KYC is necessary for those whose purchase exceeds the determined amount. At the same time, I'm confident that those people who receive the greatest financial benefits are in the shadow.- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
Unfortunately, we are not able to change this system, because the strong and powerful will always try to further restrict those who could potentially become their rival, and everyone else who is trying to significantly improve the quality of their lives.
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
there are many reviews for KYC from time to time. but none of the complaints were responded to, so I guess if you don't want to do KYC in every bounty campaign, you should check and ask dev if you want to join the campaign.
because I think however you complain and oppose, there will be no response.
because there are many reasons they say, one of them is for legal regulations or preventing farmers from following multiple accounts
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
i agree its really unreasonable because bounty hunter is not investor- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
so for me i dont participate if the bounty campaign that need some KYC
i only submit kyc if i plan to invest in the project but its still also not right if the user will only invest small amount
Well, looking at it straightfordwardly, yes! It has to be for big whales and significant sums of money.
However, scammers may created hundreds of accounts and launder small sums through each of them, instead of doing it via one big account.
That's why, it is not so simple.
However, scammers may created hundreds of accounts and launder small sums through each of them, instead of doing it via one big account.
That's why, it is not so simple.
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
As far as I know, there are only two reasons why ICO bounties implements KYC right from the beginning or in the end of the campaign. One is because if the jurisdiction in their country and second is for not wanting to pay all of the participants. If KYC happens at the end, then there is a 90% chance that it is because of the second reason because if they already know it is in the jurisdiction then they should have told us right from the start. But they don't and they see it as a huge benefit with having a lot of participant giving them free service.
i am also afraid to join bounty or invest in some project with must to pass KYC.
you know, i have heared project with bounty and invest must pass KYC and that project is scam from ICO.
some next day, admin is gone and some people there have a cyber crime that access with used ID from that participant.
i don't know that is just hoax or not, but i am now afraid join project with KYC.
you know, i have heared project with bounty and invest must pass KYC and that project is scam from ICO.
some next day, admin is gone and some people there have a cyber crime that access with used ID from that participant.
i don't know that is just hoax or not, but i am now afraid join project with KYC.
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
In my opinion, big whales never invest in ICOs, for them, its better to pump coin or token in market. Its profitable for them and its quick profits. If they are invest at early, they must be invest in IEOs because most IEOs token price always rising when listed in market
I fully agree with you, but unfortunately many companies come up with different rules and introduce KYC at any time for them for bounty hunters and airdrops to specifically weed out more people and then they will can pay much less tokens.
Now, of course KYC applies to investors, bounty and airdrop. There is nothing we can do now unless we have to do it. I am here as a bounty participant doing KYC as a condition for participating in each bounty. If you don't like Kyc, of course don't ever participate in the bounty.
how many tokens did you receive from bounty hunt. if you get 1BTC are indeed worth doing KYC, what if the token you receive is of no value, but your identity were sold and used for crime. I strongly oppose the KYC treatment for bounties and small investors. KYC is Mandatory for big investors.
KYC is an important process to know an individual’s identity and address proof. It helps to safeguard against money laundering and other fraudulent activities. This process is required to be done especially within the crypto industry. It shouldn't only be for big investors, but for all, as it ensures authenticity and security to users.
Now, of course KYC applies to investors, bounty and airdrop. There is nothing we can do now unless we have to do it. I am here as a bounty participant doing KYC as a condition for participating in each bounty. If you don't like Kyc, of course don't ever participate in the bounty.
I stopped for a moment and think twice about your statement. Somehow, it makes really sense to issue some KYC for some big investors. It won't be hassle for us who are just a normal and small investors. If a particular exchanges will gonna accept this proposal, there couldn't be big problems if both the parties agreed upon this thing. But I guess , this KYC thing will still continue to raise some issues even for the big investors. The fact that you are submitting your personal info is a serious matter.
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
Totally agree with you. KYC checks should be carried out only for investors. And even not everyone, but only those who buy tokens for large sums. This will be in accordance with the general rule that such an inspection is conducted only for the purpose of preventing the laundering of dirty money and the fight against the financing of terrorism.- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
In this regard, conducting a KYC check for bounty hunters is completely illegal, because we do not buy tokens in the process of participating in the ICO bounty campaigns. The KYC check after the end of the ICO looks especially wild, it can definitely be called fraud by the ICO team.
I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
It is to ensure that every member will going to be a legit people that will going to join their project, and if you will going to think of an alternative way in order to make the most of the market by keeping track of their investors, KYC is the best, though it can be distracting for us bounty hunters and small investors, we should follow their protocols.
I totally disagree that KYC Ought to be for whales alone, KYC ought to be accomplished for everybody and on the off chance that you are not happy with that, you can skip investing.
Whales are very important in the market today, they provide some form of stability and of couse some of them control the market.
I think everyone should be seen as equal to KYC should be for everybody
Whales are very important in the market today, they provide some form of stability and of couse some of them control the market.
I think everyone should be seen as equal to KYC should be for everybody
Whales do not always invest in ICO, so they do not need kyc. Most of them are into trading.
I noticed that retail investors are those who buy most ICOs and that is why so many of the find it difficult to attain their soft caps.
I noticed that retail investors are those who buy most ICOs and that is why so many of the find it difficult to attain their soft caps.
It seems to me that whales, like everyone else, should decide for themselves whether or not to go through the KYC, because initially the cryptocurrency is a place where everything is anonymous.
Anonymity is the enemy of any state. As cryptocurrency is integrated in different areas of out life, they will become less and less anonymous.
It seems to me that whales, like everyone else, should decide for themselves whether or not to go through the KYC, because initially the cryptocurrency is a place where everything is anonymous.
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