Topic: KYC SHOULD BE STOPPED FOR BOUNTY HUNTERS - page 29. (Read 56021 times)

I'm not against KYC in absolute but I don't like when KYC is performed by the same company because if it reveals a scam someone will have my data... I prefer doing KYC with third part apps like CIVIC for example...

Firstly, I also dont support the act of bounty hunters going through KYC because KYC was implemented into crypto sphere by the US SEC as an act to fish out and stop the laundering activities, terrorist financing and theft. Therefore, there's no target reason behind the bounty hunters through KYC since they only work for the project not investors.

Yes i totally agree with you , Some times you can Do KYC without  receiving rewards , Bounty  hunter  are not costumer we are just promoters even if KYC is involve  they must let the hunter know from the beginning but they i will hide it until the campaign is over .. Infact is very risky revealing your identity  to someone you dont fully  trust so they must put bounty  hunters aside when its come to KYC.. 

So many ICO did KYC but there are nowhere to be found now and you left wondering now what happen to my sensitive information, where it will go and who owns it now, one day you will find your information sold in companies and unscrupulous individuals for their illegal activity, that is in exchange for $100 worth of bounty.

KYC = (defacto capital controls) Forcing individuals to use personal time to create an electronic record that causes your name to be added to certain lists kept by the intelligence agencies for their benefit and to your detriment.  Know-Your-Customer is Orwellian language hiding the fact that someone wants to keep track of ALL individuals who are willing to take the risk of submitting personal information in order to make financial gains with crypto.  The entities forcing KYC onto businesses are the same jack boots running the govs, corps, and Wall Street.  They are acting like they are looking out for you, when in reality they are marking you.  Crypto is likely the stiffest competition to their satanic fiat usury in publicly known history.  The fact is we are in the early stages of the crypto paradigm, yet we are already subject to all sorts of draconian measures to prevent the adoption and use of alternate forms of money - this fact should begin to illuminate the darkness as to the true agenda of fractional reserve fiat currencies.

Never mind all the other potential avenues for abuse - stolen IDs, spam e-mail, random intrusions into personal information, government spying, etc.

KYC as is set up is a lazy effort by the enemies of humanity to force us to 'report' to them so they can keep track of things they don't want us doing long-term, in a way that requires little effort on their part.  It's sick and pathetic on it's face, and is just another shade of communism being forced on us.

The idea that after 2019 years of supposed modern history (it's been much longer than that,) we are still fighting with our controllers for a small measure of freedom after thousands of years of slavery, and they are not willing to budge one single inch should tell you all you need to know about this life.....and KYC.

KYC is not to protect anyone, KYC is government mandated abuse to expose everyone to further abuse in the future.

With KYC, they are indirectly telling us, "Ok.  If you want to fuck around outside the dollar system, go right ahead, but you will be required to expose your personal information worldwide to be allowed to do that."  In other words, for wandering off fiat ranch, your punishment is loss of privacy and exposure to criminal elements.

Sometimes KYC can be useful, because fewer multi-accounts appear in bounty companies. On the other hand, KYC is not a good idea every time. After all, investors do not participate in each ICO and therefore it is not often that they send their documents to anyone. Bounty hunters participate in many companies, so they pass their documents to a third party very often, which is not good. It would be nice if there was one site on which we would upload our documents once and it would be universal for all ICOs.

I hate when bounty campaign requires KYC after the campaign has already ended up. I just go nuts about it. Moreover KYC means that some crappy project collects a lot of personal documents, which can easily be leaked, sold or whatever. There is no guarantee on safety or privacy, it's just a gambling.

I'm also up for this. Although I can send passport and driver's license for the KYC, I'm just not comfortable knowing that there are hackers selling database of an exchange where all our KYC documents are included on it.  Its a scary as hell when you're in the mercy of someone you don't know who holds your documents.

It's unfortunate that you did the KYC and fail. Didn't you hear any word from them as to why you didn't pass?

I experienced one bounty before that require a KYC when the bounty ended. It's a different scenario, but the feeling is somehow the same. I find it so unfair to the participants who worked for it and trapped in the end because of the required KYC process. I know many bounties require KYC now, at least they should announce it upon opening the bounty and agree to you that it should be done by the participants upon registration. That would be fair for both.

Anyway, because it's online and we don't really know the people and organization, (for me) it would be better to just avoid bounties that require KYC.

It is not really needed if I can say, but it would be more secure from the abusers who abuse the bounty with so many users in one person so they can get thousands of profit.s

Actually the kyc began to appear when many bounty hunters have more than one account..
but for me, I should have announced from the start that this later in the distribution must be with Kyc and the bounty hunters began to look for conditions so that there would be no errors in filling the kyc after the distribution began..

KYC is really needed for me for the bounty hunters because to avoid the cheater of hunters. But In the some investor who wants to hide in their indentity because they really want to security and that is normal. They have good and bad effects of the implementing KYC but in bounty campaign it should be really effective and good.

Better name names, this is one of the worst case scenarios now, although they have stipulated that they can change rules anytime but they are abusing it, they know that some bounty hunters are not into KYC, and they want free services from these bounty hunters they should be tagged.

It's really shitty when you expected there will be no KYC for your bounty, then at the of the campaign they annouce they will conduct KYC, i think projects are doing this so they can get free advertisement and they can keep the coin of those who don't pass and don't want to give any information.

I think no bounty hunters would really like KYC, and that if KYC will be stopped for bounty hunters , all bounty hunters would be pleased to hear that , but to those bounty projects that would really required KYC for claiming bounty tokens ,then every participants are obliged to submit the needed requirement ,for they csn not claim their tokens.

Whether bounty hunters need to pass KYC verification does not always depend on the developer that is starting bounty program. Usually this is regulated legally in the country in which the project is registered. This is just the law and nothing can be done about it.

What i think is that it is not really necessary for bounty hunters to do KYC as most hunters will not be holding a significant amount of their coins but maybe on the ICO part they want to know each and every individual that is holding on to their coins. I am also not sure why some ICO does not want to announce a KYC is needed for bounty hunters at the start of ICO and like what you say hunters that is not able to pass the KYC had their coins being raid off.

Unfortunately, there are some ICOs that require them by law to execute KYC for bounty participants so the latter has no choice but to obey to get their reward. Logically though, it shouldn't be required since bounty participants are not costumers rather a force for marketing.

sometimes I also wonder what happened, with the KYC for the bounty participants what is the benefit for them?
if you want to eliminate the bounty scamer, isn't there already a bounty manager who does his job.
I strongly agree that KYC does not need to be in the bounty anymore.

Having this issue with you is really painful but you should've read their bounty campaign terms and conditions before joining it will be stated there by the campaign manager or will just announce on the telegram. Partially agree with this but for my view on it, they are just preventing account spamming to have more stakes on one person so KYC is just for fairness to all participants.