Topic: KYC SHOULD BE STOPPED FOR BOUNTY HUNTERS - page 27. (Read 56021 times)
Yes KYC should be stopped for bounty hunters, instead more appreciation should be shown to hunters for actively helping to advertise and promote their project than frustrating must of us simply cos we don't have requirements for KYC
I agree with you if bounty requires participants to do KYC at beginning and for participants who pass KYC can continue while those who fail KYC can join other bounties, because we don't want to work in vain just because "don't pass KYC"
The purpose of KYC in the bounty program is to prevent cheating by bounty hunters such as using multiple accounts while participating in a bounty program. So I think that is very good, because the prize will be shared equally with those who are entitled, not those who cheat.
Because of such individuals, we will be permanently powerless in front of ICO teams who will hang noodles on our ears, in the end do not pay us the earned tokens, and they will also convince us that this is for our own good.Do you think that the ICO team is so worried that someone does not use several accounts, that they even conduct KYC checks? You think about it. Do they need it? For them, it is important that we write quality messages, that they attract the attention of potential investors and carry advertising for their project. The number of accounts in a member is a purely personal matter of this forum. The forum may allow you to have multiple accounts and there will be nothing wrong with that. The main thing is to write quality messages. One can spend writing an hour, the other six hours. What then the difference how many people will write them.
You'd better ask the ICO team: based on what regulatory act do they require to undergo a KYC test for bounty hunters? . This is simply contrived by them so that we pay less tokens earned. Therefore, it is not by chance that KYC checks or require to pass not before the ICO, but after it.
I keep wondering most time when some projects we can't really figure out their true picture for identifying them requesting for a bounty hunters full documents, because of kyc. It high time they have to stop all this shit and leave it alone for the investors only.
I think that it is quite dangerous to pass KYC, but if you want to take part in bounty companies of good projects, then you will have to pass it, as most of them require it. I agree that for bounty hunters, this procedure doesn't do any good.
I have never been against KYC before now. But I think one should have a rethink of these projects that request KYC for bounty hunters especially in the face of rampant scam projects, of which possibility of data/identity theft is high. I agree with you that KYC should be stopped for bounty hunters.
I don't see anything wrong with kyc know your customer. It has done more good than harm excerpt you are a multiple account abuser in a particular bounty if not know your customer is an easy verification step as long as you have documentation that can prove your identity and nationality
You should remember that some projects operate under the jurisdiction of countries in which the purchase or distribution of tokens is equated to trading in valuable assets. Therefore, KYC in such cases is required for the legality of coin distribution. But some projects may just collect our data and then sell it.
Yes, I agree with you KYC should be stopped now. I don't know why they ask for the KYC when our KYC is not safe in their hands! Recently CCN published news that KYC documents are being sold in the Dark web! By taking our KYC, what is their intention? to prevent scam or hack? I don't think KYC is helpful to prevent the hack or scam. We need to do something about it.
The purpose of KYC in the bounty program is to prevent cheating by bounty hunters such as using multiple accounts while participating in a bounty program. So I think that is very good, because the prize will be shared equally with those who are entitled, not those who cheat.
Lets be factual indeed, there is nothing on this planet earth that will ever request my personal data online that will capture them never. KYC is a bigger trap that will soon explode sooner than later and this explode will shock the global world especially the crypto-community, so, please avoid campaigns that request your personal data.
Why KYC of a bounty requires all this information? The KYC I did before was just an id with everything blurred except my first name and my picture and that was to prevent the scam in the bounty and there was a very very small chance of getting a reject. Ethier way requesting a KYC whether it is full or basic after the bounty ends and not before it begins is a bad practice and should not be accepted.
Gold words. However, most naive people will tell you more. They believe that this procedure will save them from fraudsters. I think they are mistaken. I believe in what you said. It's time to stop wasting our time on stupid procedures.
The fact is that there are no legal requirements for the provision of personal data by a bounty hunter. Nowhere is the procedure provided for at the official level. It seems to me that this is an abuse of the team or bounty managers.
Gold words. However, most naive people will tell you more. They believe that this procedure will save them from fraudsters. I think they are mistaken. I believe in what you said. It's time to stop wasting our time on stupid procedures.
I don't agree about this KYC imposing to the bounty hunters when its should just be the ICO participants.
A lot of us had complained about these to the teams selling tokens in the forum but how exactly can we make them not to ask about our documents? I have submitted my passport many times already and sometimes still got rejected.
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?
Totally agree with you. Headhunters are not clients of the ICO team. This ICO team is our customer. The customer is the one who pays. We do not pay, we provide advertising services for their project and therefore we are not clients of ICO projects and should not undergo any KYC checks. This is all the arbitrariness of the ICO teams. No state has ever required ICO teams to conduct KYC checks against bounty hunters. KYC verification is mainly used by unscrupulous ICO teams in order not to pay the tokens we earn.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?
However, in any case, if it is carried out, it must be held at the beginning of the ICO, when we join the campaign of the signature. Then the ICO team will no longer make sense to scoff at us, as they sometimes do after the completion of ICO.
Yes, this is really an optional condition for bounty hunters. But, unfortunately, now in many projects this condition exists. Perhaps soon, managers will review these rules or come up with some other verification to avoid multi-accounts.
I think KYC in the bounty hunter is no longer effective, many projects and bounty campaigns that are unclear and the tokens only of low value are not comparable to the identity we give.
You got a point on what you've mentioned. In fact, giving your real identity is really a risky thing. In some ways I see KYC is also important to remove cheaters because there still be cheaters or duplicate account if KYC is not on the rules/requirements .
For bounty hunters, passing a kus is only a negative side, and fighting bots is the task of the project manager, and I think there are other methods to deal with this. but to give your data is not good and does not bear anything good in itself.
You got a point on what you've mentioned. In fact, giving your real identity is really a risky thing. In some ways I see KYC is also important to remove cheaters because there still be cheaters or duplicate account if KYC is not on the rules/requirements .
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