Topic: Solutions to KYC complain of some Bounty Hunters - page 14. (Read 1452 times)
Well a lot of chaos from the bounty participants concerning the kyc. I have tried to understand why they run from the kyc and only one thing became their problem which is that their IDs can be sold out sort of to commit crimes. But this whole thing is simple. If you don't want kyc, avoid any project that offers it
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!
Don't participate on the bounties is the only solution if you don't want to under go KYC.Most of the bounties will ask for KYC procedure at the end of bounty weeks so we really don't have any idea about that bounty we are participating have KYC or not to get the rewards.Even bounty campaign managers don't know about it until the project team insist for them to do it to get tokens. 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!
KYC is one of violation on the core definition and purpose of decentralization.
However, it is an unavoidable adaptation of crypto world, despite of the fact that decentraliztion damaged by KYCs a little bit.
KYC is mandatory in some cases, such as bounties.
Because, if bounty hunters surpass screening process, and make bounties become centralised, it is obviously bad for decentralization as well as the effectiveness of bounties for companies who spend funds to run them.
Bounty hunters, usually dump their free assets from bounties at once, that often have negative impacts in short period, or they can create fuds to sell their free ones at highs.
However, it is an unavoidable adaptation of crypto world, despite of the fact that decentraliztion damaged by KYCs a little bit.
KYC is mandatory in some cases, such as bounties.
Because, if bounty hunters surpass screening process, and make bounties become centralised, it is obviously bad for decentralization as well as the effectiveness of bounties for companies who spend funds to run them.
Bounty hunters, usually dump their free assets from bounties at once, that often have negative impacts in short period, or they can create fuds to sell their free ones at highs.
I believe there are other ways to checkmate issue of multiple bounty accounts which are efficient without necessarily asking for KYC. KYC should be strictly restricted to investors in my humble view
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!
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..
Anyone who participated in Bounty and bounty admin and see work was done should be paid for work done. Even if the person used multi account and admin saw work done. It simple means the individual added enough effort to do three or four persons job. I feel the host should get the bounty coin and pay hunters with ETH or btc for the individual is afraid of kyc. Not everyone want their I'd out there
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!
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.
Yes I agree with the first step. For those who are afraid to do KYC maybe they have some agenda or did something. I know how sensitive KYC is and we shouldn't not let give our details so easily. If you dont want KYC then, dont participate on the campaign. No one is forcing you to join hence find one without any KYC simple as that like the OP said.
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!
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!
Jump to: