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Topic: KYC SHOULD BE STOPPED FOR BOUNTY HUNTERS - page 25. (Read 56021 times)

legendary
Activity: 1862
Merit: 1015
February 03, 2019, 02:42:54 PM
I feel you. Getting our kyc rejected in the end of campaign is very irritating, our time are wasted and got nothing.
I think the project doing kyc for bounty participant is just for avoiding multiple account/participant with the same person.
member
Activity: 616
Merit: 10
February 03, 2019, 02:36:43 PM
I thought as you month ago, but BitTorrent with it’s LaunchPad turn my mind to other side.
sr. member
Activity: 798
Merit: 250
February 03, 2019, 02:00:17 PM
If KYC is stopped, I think it's very difficult. Because this KYC exists as a better form of change. Because many fraudulent actions carried out by Bounty participants. But if you don't like KYC, I think you can look for Bounty projects that don't use KYC.
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
February 03, 2019, 01:54:58 PM
 Cheesy I think nothing will change as if we did not defend their dip here. What was taken vryatli canceled. I do not see any chance of cancellation. Scammer because you need to take new passports for sale somewhere.
legendary
Activity: 3094
Merit: 1472
February 03, 2019, 01:50:29 PM
#99
Well it is good and fair if bounty managers actually announce the process of Know your Customer even before bounty hunters start campaigning. The reality on the ground is that sometimes KYC might not be required but due to the cheating attitudes of some bounty hunters bounty managers are forced to  conduct a KYC process.

yes you are right, we can indeed solve multiple account problems. but what I don't like is when they tell it when ico is finished. and worse the procedure performed is quite difficult. This is what makes many hunter bounties think the kyc for the bounty hunter must be stopped.

Like I said earlier KYC is not something which is decided by manager. With this manager also doesn't targets to eliminate his job of checking properly by this procedure of verification.

However KYC does helps but such abuse could be minimised over some rule changes and strict checking.
member
Activity: 658
Merit: 13
February 03, 2019, 01:41:24 PM
#98
Well it is good and fair if bounty managers actually announce the process of Know your Customer even before bounty hunters start campaigning. The reality on the ground is that sometimes KYC might not be required but due to the cheating attitudes of some bounty hunters bounty managers are forced to  conduct a KYC process.

yes you are right, we can indeed solve multiple account problems. but what I don't like is when they tell it when ico is finished. and worse the procedure performed is quite difficult. This is what makes many hunter bounties think the kyc for the bounty hunter must be stopped.
full member
Activity: 644
Merit: 101
February 03, 2019, 01:19:27 PM
#97
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?

yes you agree, bounty hunters do not need you because they are not investors. only large investors need kyc. doesn't the exchange also ask for kyc? so the project doesn't need to do that anymore.

I think the Cyc is only for dev use now so they don't have to pay.
copper member
Activity: 196
Merit: 0
February 03, 2019, 12:59:36 PM
#96
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What do you all really think about kyc for bounty hunters?
Kyc is painfull for bountie hunters. I do not like kyc because i do not want to give my data to any strangers, but i have resigned myself and renounce to bounties who demand kyc from me. You can not do anything against kyc anyway, if required.
legendary
Activity: 2179
Merit: 1201
February 03, 2019, 12:57:45 PM
#95
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?

There were lots of bounty scammers - creating multiple accounts in one bounty campaign.
These fraudsters are the reason why KYC was needed. The scammers scam the bounty and the bounty hunter community and then dump their tokens once it hits the exchange.


There are not many people taking part in the bounty anymore, because it has long ceased to bring such a great value at the time of Bitcoin boom and ICO projects. So KYC is not necessary at the present time for bounty hunter
member
Activity: 728
Merit: 10
February 03, 2019, 12:54:13 PM
#94
For me KYC makes it difficult to get prizes, mostly KYC just to make sure our data is eligible or not. most KYCs use passports so many people complain about this.
legendary
Activity: 3094
Merit: 1472
February 03, 2019, 12:48:39 PM
#93
I totally agree with that, disclosing personal information is risky. However, some projects or managers are imposing KYC in bounties because some bounty hunters are cheating to get more stakes. This some how avoided bounty hunters from spamming number of accounts in one project. I agree that if ever there's a KYC, this should be announced as early as possible, not when the bounty ends.

Managers don't take decision regarding whether KYC should be imposed or not. It totally depends upon project's dev decision.

KYC takes time so I don't think that any project would go right away at the beginning. How about this scenario: project cancels their ICO? In that case obviously it would be a waste of time or even cost as well if project hires some third party team to do the KYC verification stage.
sr. member
Activity: 854
Merit: 250
February 03, 2019, 12:39:02 PM
#92
This procedure should only be for investors because the project must be sure that it is not terrorists or drug dealers who invest their money. Bounty hunters are harmless in this regard.
sr. member
Activity: 574
Merit: 250
February 03, 2019, 12:34:03 PM
#91
I personally doesn't like doing KYC after all the struggle working on the bounty, and at the end we have to do another thing in order to get the reward that we deserve cause we already done what it need to be eligible for the bounty reward. I just feel it's unfair for the bounty hunter.
member
Activity: 350
Merit: 10
A Blockchain Mobile Operator With Token Rewards
February 03, 2019, 12:22:43 PM
#90
Well it is good and fair if bounty managers actually announce the process of Know your Customer even before bounty hunters start campaigning. The reality on the ground is that sometimes KYC might not be required but due to the cheating attitudes of some bounty hunters bounty managers are forced to  conduct a KYC process.
sr. member
Activity: 616
Merit: 250
February 03, 2019, 12:13:44 PM
#89
Posting a personal information in online is too risky to all of us and we know that, as a bounty hunter we are finding bounty that make sure that they are not going to put Kyc(know your costumer) in their bounties. The reason is that KYC is generally for the investors who invest on it and not those people who helped the project to grow. (Bounty hunters)
full member
Activity: 784
Merit: 135
DeFixy.com - The future of Decentralization
February 03, 2019, 12:17:32 PM
#89
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 totally agree. What you have experienced also happened to me. After participating on that particular Bounty campaign for months, I ended up earning nothing because i didn;t pass their KYC. They should definitely do the KYC registration before someone can participate to their campaign to avoid this thing.
full member
Activity: 672
Merit: 144
February 03, 2019, 12:08:02 PM
#88
it will sound funny if KYC continues to be enforced, and when there is an ICO project that has a function that gives privacy to the coin owners but they require us to KYC Cheesy
You need to pay attention to the fact that almost all Bounty companies are forced to provide the personal data of Bounty Hunters as investors. Thus, one can definitely say that in essence KYC for Bounty hunters is absent, but exists only for investors. But nevertheless, everything happens the other way around.
member
Activity: 616
Merit: 16
February 03, 2019, 11:58:30 AM
#87
i strongly belived that KYC should be stop for bounty hunters unless you are partaking in the token sales. it is not advice-able to release your information to anyone. some projects are scam yet they use KYC to fake everything making it looks like they are real. it 's disgusting when you partake in a project and at the end you are required to go tru KYC only to find out that the project is a scam. not fair at all.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
February 03, 2019, 11:45:10 AM
#86
it will sound funny if KYC continues to be enforced, and when there is an ICO project that has a function that gives privacy to the coin owners but they require us to KYC Cheesy
full member
Activity: 932
Merit: 100
arcs-chain.com
February 03, 2019, 11:13:29 AM
#85
Projects want to use KYC to remove cheaters, But I think it is not really effective, the cheaters can buy the materials to conduct KYC.
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