KYC to receive bounty rewards. - page 7.

kuyaJ

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Quote from: vv181 on May 01, 2018, 12:17:14 PM

Doing KYC verification is removing the essence of decentralized in the cryptocurrency. I can not able to understand why they need a KYC for a bounty or airdrop. Well, some of ICO required a KYC verification for security purpose. But Personally, It is a sign of inapplicable the team about security.

Yeah! What's the purpose of that when you are at the bounty programs, right? what they need about you and what they gonna do about your identity. Actually, it is not good for our safeness because your identity will depends on what happen when they do anything.

I think it is good when they do it for the investor only but there are some campaign that need that kind of requirements.

izanagi narukami

legendary

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Quote from: rackam on May 01, 2018, 01:21:45 PM

I think it is definetely bad idea to require KYC for bounty hunters.
But on the other hand, maybe this to prevent multi account ?

At the first, any bitcoin project doesn't require KYC except they are exchange and you want to withdraw massive amount of money.
But we can't blame the project because many people doing dirty trick in order to gain the bounty so KYC may the solution !

JCLee

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It's easy to know

You need to do KYC to be able to receive token from bounty campaign cause these bounty campaigns are not for people in some countries like US. For example, Shivom bounty campaign, which I'm being in, also need KYC cause US bounty hunters are not allowed to take part in.

rackam

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I think it is definetely bad idea to require KYC for bounty hunters.
But on the other hand, how else do you avoid multi account?

kamike

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Quote from: vv181 on May 01, 2018, 12:17:14 PM

Doing KYC verification is removing the essence of decentralized in the cryptocurrency. I can not able to understand why they need a KYC for a bounty or airdrop. Well, some of ICO required a KYC verification for security purpose. But Personally, It is a sign of inapplicable the team about security.

But for as long as we wanted to have our privacy or to keep our identity if the law requires then there is nothing we cannot do about it, since some government really making intrusive with this kind of thing.

platinov_and

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I understand that companies that do KYC in their campaign campaign want to make sure that I am a real person, but I'm afraid to send my data to strangers who can use my personal data in fraudulent schemes. That's why I do not like KYC.

bitcoinerjawa

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if there is a bounty that complements to give KYC then I will not participate and will not be a bounty participant because you mentioned it is true, if you provide sensitive data and very influential data for your life you better avoid because the data yourself can sold and traded for crimes.

anobtc

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I agree with you. I don't know why they need information of people who just participate in their Bounty campaign and doesn't invest in their project. Except that project want to collect our information to a fraud goal Sad

bundo

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This topic has been discussed earlier and many comments about the pros and cons. There is a positive value and there is a negative rate.
I'm just surprised, That bounty campaign asks KYC for the participants but the admins in the telegram group who wore fake photos, do not even have a clear or unwritten history on the website page. The question is '' whether our identity will be safe in their hands??.. Grin

seandiumx20

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arcs-chain.com

I agree to you, sending personal information to anyone is very dangerous.

First of all, we're here for informations and gathering bounties anonymously and now they required KYC. For what? we make money by using this account and now they wanted to know all thousands of participants of every ICO. Again, for what? what purpose? this literally scks
This ICO generation is full of scams and it might use your identity too for dangerous crimes.
We all know that doing stuffs on internet is very risky if we lack of knowledge about it.

Karmakid

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IrenNTA

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More and more bounty campaigns request to pass KYC after the campaign is over. Some bounty managers warn about it in advance, but in most cases you learn about it when your work is done. So they just don't leave you any choice if you don't pass the KYC than you worked for free.

Praesidium

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I dont like KYC also but some of bounty project didnt tell ahead of time that they will require KYC to bounty participant for them to be able to get the payment for their work. It is very dangerous to send your information to the people you don't know or even see so please stop KYC for bounty participant since we're not investors.

nev1d

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I am against using KYS because, in my opinion, I use it as a scam-company. I'm not ready to entrust my documents to people I have not seen

Rostock

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Quote from: yomarve on May 01, 2018, 11:57:54 AM

I personally do not like kyc and I see many in this forum too also display disgust over it. Kyc for bounties is just here and we ain't done with it now Airdrop has joined the park.

Sending personal documents to people is very dangerous.. Don't like it

Personally, I think this contradicts one of the basic principles of cryptocurrency. I don't like the fact that I need to provide my documents to bounty companies, especially given the fact that there are a lot of scams among ICO companies. Especially I not understand why this for airdrop to do!?

coinlocket$

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I think KYC can be usefull to limit abusers on bounties is a great way to do so but I really don't like share my data for few bucks. I really hate when managers ask for kyc at the end of the bounty and not at the start.

Sahyadri

sr. member

Activity: 744

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The fact that we bounty hunters have to give KYC takes away all the fun of participating in a decentralised atmosphere and as anonymous. I do understand the concern of the company that they would want to know about the people participating since they do not want bots or spammers or alts to take away majority of the tokens which are meant for genuine users.
Personally I'm against it. I like staying anonymous.

wnj4

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Quote from: alex_kir on May 01, 2018, 12:22:40 PM

This is completely wrong, because in that case it turns out that the bounty manager did not find out about it at the very beginning and deliberately concealed the information, but if it turns out that the bounty manager received this news after the bounty passed, then I do not think that the project's reputation will be good.

That's not the bounty manager or project owners fault. It is clear the bounty Participants fault.
we are all get into cryptocurrencies for decentralized,Privacy etc..and this is removing the the purpose of decentralized and cryptocurrencies absolutely. In addition to the certain risk, given personal data to people who you do not know anything about them.

MoonIsBlue

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I get it with bounties because you're really doing some work in exchange for something. Aidrop KYC doesn't make any sense at all however.

alex_kir

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This is completely wrong, because in that case it turns out that the bounty manager did not find out about it at the very beginning and deliberately concealed the information, but if it turns out that the bounty manager received this news after the bounty passed, then I do not think that the project's reputation will be good.

Topic: KYC to receive bounty rewards. - page 7. (Read 822 times)