Topic: KYC SHOULD BE STOPPED FOR BOUNTY HUNTERS - page 9. (Read 56021 times)
I think if it makes the community feel more secure to not have to do KYC, then project managers and developers must look for other means of protecting themselves from cheaters and scammers. I will personally take note of the information from this thread for our upcoming bounty.
KYC is necessary things to wipe out cheaters and scammers.
Because with data from KYCs, authorities can trace back and find out who behinds those projects or funds and can take action in some cases.
however, with KYC, I have a big anxiety on the risks of losing data from hacks, or data leaks, etc.
It's so terrible for KYCers who can lose their personal details, and their funds in worst cases.
Because with data from KYCs, authorities can trace back and find out who behinds those projects or funds and can take action in some cases.
however, with KYC, I have a big anxiety on the risks of losing data from hacks, or data leaks, etc.
It's so terrible for KYCers who can lose their personal details, and their funds in worst cases.
I try not to participate in projects where it is necessary to pass KYC. I need to make sure that my personal data is really protected.
Even good projects can not guarantee you the safety of your data, not all things are controlled, the project can be hacked trivially.
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?
I totally agree with you. Kyc is a statutory requirement by a country to monitor money laundering. Bounty hunters don't invest fiat or coin but rather offer marketing services. Kyc is a total waste of time and resources for them
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?
I totally agree with you. Kyc is a statutory requirement by a country to monitor money laundering. Bounty hunters don't invest fiat or coin but rather offer marketing services. Kyc is a total waste of time and resources for them
I feel that it's really not necessary for bounty hunters. It's really not necessary, but developers still want it. that's hard to understand. I think they will do something with our personal information.
Sometimes they sell our information to certain organizations to get more money. This is my argument about KYC for bounty hunters.
Currently I only choose projects that do not apply KYC for bounty hunters. That would be the best option.
Sometimes they sell our information to certain organizations to get more money. This is my argument about KYC for bounty hunters.
Currently I only choose projects that do not apply KYC for bounty hunters. That would be the best option.
Its always a developers choice to implement KYC in there project or not and if any investors or bounty hunters doesn't like it they should just avoid the project ,I don't see anything wrong in KYC ,it tackles cheater ,I'm just worried about the identity we dropped ,how safe it is? No one knows
There are also advantage of doing KYC for the bounty hunters because most of them are making multiple accounts but for me KYC is should not required for the bounty hunters most of them are lacking of documents or valid ID.
What do you all really think about kyc for bounty hunters?
Tbh i agree KYC for bounty hunters, because KYC also help bounty hunters to eliminate alt accounts. I'm sure there are so many alts accounts on bounties, that's why KYC is also good for bounty hunters. Let's look on the positive side.
Kyc is an option so for us who not full confident that we will pass a kyc(know your customer) we have the choice to not participate in that bounty. There are still valuable project around making a bounty program without kyc so better to pick them. At the end were half safe to be paid out
Well I also disagree in kyc so i never participate campaign with that when the kyc come up at the end of the bounty
Its really big deal
Well I also disagree in kyc so i never participate campaign with that when the kyc come up at the end of the bounty
Its really big deal
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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 with you bro, though i myself have participated in so many bounty programs in the past and none of them have ever asked any of us participating as a bounty hunter to undergo KYC.....but if ever they will want to impose KYC on bounty hunters, then just as you said, they should allow the hunter go through the KYC first, if passed, then can go ahead promoting the project....doing it the other way round to me is a criminal act 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?
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 also think that the bounty hunters should be informed that KYC verification will be required before joining the campaign, but if someone is honest and the reward is high enough, then he should not have problems with the verification of documents.
I agree but sometimes I don't agree.
I agree because KYC makes it difficult for bounty hunters and sometimes there are those who don't get paid just because of KYC, even though he worked hard.
Whereas I also disagree because many people try to cheat by posing as us, registering a username with a different ETH, so KYC is also needed.
What do you think ?
I agree because KYC makes it difficult for bounty hunters and sometimes there are those who don't get paid just because of KYC, even though he worked hard.
Whereas I also disagree because many people try to cheat by posing as us, registering a username with a different ETH, so KYC is also needed.
What do you think ?
indeed, in my opinion, it is better if the kyc is deleted only for bounty hunter because it is not appropriate, for example, the amount of reward only gets 1-50 $, maybe we should only apply to reward recipients above 500 $
A very, very correct statement, but it seems to me that more people will be absolutely still. I understand that now many people are trying not to give up KYC for cryptocurrency. You understand that this is not normal.
It is our wish whether you want to submit the KYC or not because some potential companies will always ask for KYC in order to get tokens. So it is our wish whether to join those bounties or not, so always join the bounty which they won't ask for KYC.
As for me, I do not think Bounty hunters should pass KYC - they do not invest real money in the projects that's why there should not be any problems with the governmental regulation.
There are lot of bounty hunters who don't care about KYC and promoting it so there is no need for the bounty team to stop it if there is demand for the bounty hunters due to KYC then they might stop asking for KYC.
As for me, I do not think Bounty hunters should pass KYC - they do not invest real money in the projects that's why there should not be any problems with the governmental regulation.
KYC for the Bounty program arises because there are many fraudulent accounts. Indeed, KYC is good because it has a purpose to prevent fraud. But it is often unfair for bounty hunters. What is unfair is when the bounty hunter has completed KYC. Prize hunters still don't get the promised token.
KYC procedures is not bad for those bounty hunters eventhough all our personal data are required to post to their website i think the main reason for this is to protect from scammer to stolen our reward token.
My thoughts are the same as you, KYC is not bad for bounty hunter because it'll help us filter the scammer and protect token value. Scammer don't like KYC and always complaint because they can't KYC all the account, they can't receive "cheat" rewards. However I won't oppose KYC, but I'm just worried that some project kyc does not support my country. Jump to: