Solutions to KYC complain of some Bounty Hunters - page 12.

Averim

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Quote from: cryptoaddictchie on April 02, 2019, 01:44:54 AM

Here are my solution to growing complained by the bounty hunters regarding KYC.

1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.

2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)

3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!

For some of us is easy, for others is complicated. In most cases the KYC measures are related with the fear stealing the identity.

Andrey13101991

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Of course, we are not required to undergo KYC, but if some company announces that it will conduct this procedure, then we simply have no choice

Robotbitcoin22

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Quote from: mrdeposit on April 02, 2019, 12:45:18 PM

What you say can be true if KYC is predetermined by devs. However, most projects do not determine it when bounty first start, but do so after bounty is finished. This is not a big problem, but the participants join because the conditions are appropriate.

But other things that are considered by the participants are now the bounty itself does not provide many benefits for its users and they also feel disadvantaged if they have to send their data without getting a profit

watergold

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maybe the kyc system for bounty hunters is a pretty good thing, at least it can reduce a little cheating.
you can imagine if someone has 5-10 senior accounts and then enters into 1 bounty project then if he is lucky he will get more tokens than the investors who bought

South Park

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Quote from: cryptoaddictchie on April 02, 2019, 01:44:54 AM

Here are my solution to growing complained by the bounty hunters regarding KYC.

1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.

2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)

3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!

Your second point is not only a form of cheating, you are exposing another person to get his identity stolen if for some reason you choose a bad ico to participate, so while you may be protecting yourself from losing your information you are now affecting another person in your life just to get a few dollars which is not fair at all, the best solution is your first point, it is better to miss in a good bounty in order to protect your information because it doesn't matter how much money you get it is never going to be as valuable as your personal information.

covfefe_

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If the bounty organizers suspects users of using multiple identity, there can be several other ways to verify that none of the participants are entering multiple times without asking for private informations. Even if they need to carry out one, they should do that using a trusted third party identity verifier.

mrdeposit

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What you say can be true if KYC is predetermined by devs. However, most projects do not determine it when bounty first start, but do so after bounty is finished. This is not a big problem, but the participants join because the conditions are appropriate.

jazmuzika217

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Quote from: coin-investor on April 02, 2019, 02:07:39 AM

Quote from: cryptoaddictchie on April 02, 2019, 01:44:54 AM

Here are my solution to growing complained by the bounty hunters regarding KYC.

1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.

2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)

3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!

You can employ step two in case they changed their rules, and now asking for KYC, don't worry it's not you that cheats the first one that cheats is the campaign, because they know if they implement KYC right away few people will join and they want free advertisers for those who don't want to undergo and yet finished the campaign, so they are the real cheat..

I agree to these statement some company that promote on bounty campaign required todo a kyc to get your token,but because you are afraid to give your identity then you will not do a kyc in other words company get a free promotion on you.
Well the step 2 is good idea if you dont want todo kyc then get someone todo it for you.

Ranly123

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Quote from: cryptoaddictchie on April 02, 2019, 01:44:54 AM

Here are my solution to growing complained by the bounty hunters regarding KYC.

1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.

2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)

3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!

Though we as bounty hunters are not directly defined as customer s, but in a sense that we are holders of their tokens. Then that would presume that we are also customers holding their product. Which in my opinion, KYC is a strategy of the project owner to avoid multiple account on their bounty programs.

ali115112

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As you know every ICO are demanding KYC for investors and also for bounty hunters, so kyc should not be for bounty hunter and if kyc than should be easy.

LogitechMouse

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Just don't join in bounty campaigns that requires KYC if you want your information to be safe.

Unfortunately, there are some bounty campaigns that will only requires KYC when the distribution of token happens which is another form of cheating to the bounty hunters. This is the disadvantage of the bounty hunter because their time will be wasted if incase the team will require KYC to get the bounty tokens.

Little Mouse

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You are encouraging people to do crime. It's a clear crime and you can be punished for doing so. Using fake KYC may also get you related with more international crime. I think people who are not wanting to share identity, they should ignore it.

Mrsparks

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Quote from: Sithara007 on April 02, 2019, 01:59:20 AM

Quote from: cryptoaddictchie on April 02, 2019, 01:44:54 AM

Here are my solution to growing complained by the bounty hunters regarding KYC.

1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.

2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)

3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!

I have never joined a bounty campaign where KYC was mandatory. But then there were some cases in which the KYC requirement was initially not there and then the bounty manager added it just before the bounty payout. And I am not very sure with step #2. It would be really difficult to find someone who is willing to undergo the KYC process for you. And it will destroy the whole purpose.

Exactly, I have experienced the same thing. After the program has started they begin to impose KYC on us..
It's completely unfair. Paying someone to carry out KYC is also not an option.. In a market where you are not even sure of the success of the project

dolores13

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Activity: 299

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Stop promoting ICOs and giving your IDs to some unknown strangers on Net , ICO owner don't do KYC and ask investors and bounty hunters for it , such irony....
ICOs are just easy money grab and it already proven in 99% of ico projects , they just make crypto sphere look ugly in eyes of new comers and public

christian07

full member

Activity: 265

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Yes if you don't like KYC then don't join that really simple still rely if they are good like try with KYC if they have potential to grow then if they trusted already but if they are new only for me don't try with KYC another thing there's a lot here without KYC that really popular now like they run for so long period of time like many trading site,gambling site,many campaigns and more related to crypto without KYC

r_delossa

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Activity: 490

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It is nothing strange is undergoing a KYC process. If you have nothing to hide, it takes several minutes and you will get your rewards on time. The only thing is that if a KYC is announced after the TGE, I would have some questions.

levyashin

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Quote from: cryptoaddictchie on April 02, 2019, 01:44:54 AM

Here are my solution to growing complained by the bounty hunters regarding KYC.

1. As we all know KYC by its definition. We all know that we aren't obliged to do so. Since no fiat or investment we did to get the tokens which solely the purpose of KYC to monitor the funds ans circulation of token during purchase. Don't comply and don't join bounty with KYC! Simple as that.

2. If youre afraid of KYC asked someone to do it for you and gave him funds in return. I think this is happening on some cases ( But this is form of cheating)

3. Read again step 1. If youre still have complain and still want to join that particular bounty and you are really a nutcracker!

Wow, thank you genius.

1. Bounty says, no kyc and at the end they ask for it? And your whole rubbish system is down.

2. Why should someone get paid with my job.

3. Read 1 again.

o.ogurlu

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Activity: 910

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My solution is not to participate in most bounty campaigns that want KYC. I only agree with the bounty campaigns which want KYC of the bounty managers I trust. I prefer not to participate in other KYC bounty campaigns. Because I don't think it's right to give my credentials to a fairly new project.

10c

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I do not think that KYC is bad, but I still do not want to send my personal data to any company. I believe that this procedure is necessary for investors.

Script3d

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Activity: 1232

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We should definitely need more bounty campaign with escrows, as it will solve the trust problem between the developers possibly scamming the bounty hunters or adding KYC at the end of the campaign so they could keep most of the coins from bounty campaign.

Topic: Solutions to KYC complain of some Bounty Hunters - page 12. (Read 1422 times)