Topic: KYC SHOULD BE STOPPED FOR BOUNTY HUNTERS - page 18. (Read 56031 times)
Actually most ICO projects do not require participants to pass KYC verification. Some developers have such a requirement because they are afraid of legal consequences related to Anti Money Laundering law. It's up to you whether you join a campaign that requires verification or not. But I understand both sides.
I think I agree with you totally . The process is tedious and time consuming and most time such projects pay little to nothing
Yes agreed with you KYC should be stopped for bounty hunter, because most of bounty hunters are student or don’t have sufficient documents for KYC.
And KYC discourage bounty hunters so I think KYC should be only for investors.
And KYC discourage bounty hunters so I think KYC should be only for investors.
When you join a bounty campaign and it forces participants to pass KYC. The first thing you should do is pass their identity verification program. If you fail, you should not join this campaign. You should ask them why your identity verification process was rejected.
You should accept their rules before joining any program.
You should accept their rules before joining any program.
I think that KYC process has to be reverted.. DEVS and TEAM have to pass a public KYC so that investors can be safer, not bounty hunters...
I am agree to stop issuing KYC for bounty participants. KYC means Know Your Customer, we all know that bounty hunters are just promoters of the ICO project/s and they are not a customer but there are also times that bounty hunters are also a investors.
What is KYC? It means knowing your customer. In KYC some requirements are required such as: Full Name, Residence address, Citizenship, Birth date, Photo of government issued ID (Driver’s License, Passport, ID card),
Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .
I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services to create awareness for the project. Which ought to be paid for.
In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.
I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.
This is just an example of what is happening.
What do you all really think about kyc for bounty hunters?
I completely agree with your reasoning. Bounty hunters cannot be considered clients of ICO projects, since we do not invest our own money in them. It should not be forgotten that the main task of KYC verification is prevention in the laundering of dirty money and countering the financing of terrorism. From this it follows that only investors must pass the KYC check. However, there should be a minimum amount for them, below which investors should pass this test.Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .
I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services to create awareness for the project. Which ought to be paid for.
In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.
I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.
This is just an example of what is happening.
What do you all really think about kyc for bounty hunters?
I do not mind doing KYC as long as the project I am following is paying well, it is risky but KYC also helps minimize fraud committed by prize takers.
Since spamming and cheating rate is alarming now I guess the only way to stop it is through KYC implementation so I don't see anything wrong with that but one ,how safe is our identity? Its the only problem I've got with KYC
Applying kyc can reduce the number of bounty abusers but participants must be notified first before or when they register. So that those who reluctance to the policy will not continue to participate. I think it can give a win win solution for both hunter and developer.
But now many of the teams are doing a rule quickly. like when their division immediately announces the previous campaign, the team has no information about the Kyc, but now it is just the opposite What is KYC? It means knowing your customer. In KYC some requirements are required such as: Full Name, Residence address, Citizenship, Birth date, Photo of government issued ID (Driver’s License, Passport, ID card),
Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .
I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services to create awareness for the project. Which ought to be paid for.
In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.
I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.
This is just an example of what is happening.
What do you all really think about kyc for bounty hunters?
yeah, Kyc Must me be not a requirements for bounty to claim the rewards of the bounty hunter, because we didnt invest money. only time and effort Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .
I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services to create awareness for the project. Which ought to be paid for.
In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.
I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.
This is just an example of what is happening.
What do you all really think about kyc for bounty hunters?
I think KYC is good to protect multiple entries of the same hunter. Having a KYC requirement helps preventing imminent dumping from bounty hunters. Also, not all project demands KYC. So, if you're not agreed, simply do not join that bounty.
What is KYC? It means knowing your customer. In KYC some requirements are required such as: Full Name, Residence address, Citizenship, Birth date, Photo of government issued ID (Driver’s License, Passport, ID card),
Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .
I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services to create awareness for the project. Which ought to be paid for.
In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.
I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.
This is just an example of what is happening.
What do you all really think about kyc for bounty hunters?
Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .
I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services to create awareness for the project. Which ought to be paid for.
In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.
I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.
This is just an example of what is happening.
What do you all really think about kyc for bounty hunters?
Why would you ever stop their KYC procedures? I think it will depend on the country where the project belongs! it may differ if they need to validate their hunters and that matters. So please just join those without KYC if you don't like it.
KYC should be do by investors, but for bounty hunter it is definitely not necessary, but how can we achieve this ?
THIS MUST BE STOPPED! as loong as i know this currency WAS creted to be anonymous i everyting and that is the main reason then.
though we cant over protect our selves right:// but p-lease stop this non sense KYC!
though we cant over protect our selves right:// but p-lease stop this non sense KYC!
Applying kyc can reduce the number of bounty abusers but participants must be notified first before or when they register. So that those who reluctance to the policy will not continue to participate. I think it can give a win win solution for both hunter and developer.
yes i agree, applying for bounty campaign can reduce people from cheating bounty campaign, because so much cheater are cheating bounty and make very detrimental to bounty hunters who work honestly
Kyc is not really necessary for bounty hunter, we are not buying tokens, I believe that kyc is God for investors only because they are the buyers, kyc means know your customer, that is why we need to passed a requirement for our identity. But in me part I strongly believe that kyc is not really important to bounty hunter it is more important for investors.
I think for bounty hunters, the only solution it offers is to checkmate dubious bounty hunters with multiple accounts. But asides that, kyc effect is totally useless since they are not buying the coins
There cannot be any uniform rules about KYC for bounty hunters. It will vary with every ICO and the regulations of tits home country that it is trying to follow. Instead of KYC, some bounty campaigns forbid citizens of certain countries to participate in the bounty. Therefore, it is important to check the rules carefully beforehand or ask the bounty manager when not clear.
Applying kyc can reduce the number of bounty abusers but participants must be notified first before or when they register. So that those who reluctance to the policy will not continue to participate. I think it can give a win win solution for both hunter and developer.
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