Solutions to KYC complain of some Bounty Hunters - page 4.

john2231

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Quote from: pinoycash on April 19, 2019, 10:17:03 AM

Quote from: thd26bct on April 17, 2019, 06:50:30 PM

Exactly, with bunches of channels that managers can use to screen all potential bounty cheaters.
From bitcointalk account, to facebook, twitter, telegram, and Discord. I don't think that all bounty cheaters already have all set of accounts on those channels for each of their bitcointalk account in order to cheat bounties. So, if they use same accounts (such as Telegram, or Twitter) they will be discovered (by bounty managers or by forum community). Then, at the end, they all will be found, and punished (with nuked or red tags). KYC requirements for bounties are unneccessary, in my opinion.

Not all bounty managers are keen on finding cheaters and abusers, Sometimes they only rely on the community effort in exposing the cheaters and sometimes bounty managers themselves own hundreds of farm accounts that he will use to abuse the campaign the they manage.

This is mostly happen that some campaign managers have many alt accounts and then they add their own alt accounts to his own campaign so that he is the only one who can earn from the campaign. They are mostly abuse this but I'm still not agree with KYC verification it's not fair to give our documents to all altcoins and tokens they should require KYC also if the ICO owners and teams are real people or not because there are many ICO are scam so giving our documents to fake project is worst than having multiple accounts. Because they can use our documents to sell in blackmarket or they can use it to claim in other bounties.
This is our big problem here in crypto they should required KYC only in ICO project owners to avoid from being scam.

Sithara007

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Quote from: pinoycash on April 17, 2019, 06:44:27 PM

Quote from: Duzter on April 17, 2019, 06:17:13 PM

When bounty hunters are requested to fulfill KYC it has got some valid reason. The same is going to help with the distribution process and get rid from issues, because there are many countries that weren't allowed to participate into bounties as well for some legal reasons. Maybe in future this will fade off until then no other go.

There's no other reason but to collect personal information from unsuspecting bounty hunters. If they want to get rid of cheaters then its the role of the bounty managers to check and verify each participants.

If they want to get rid of the cheaters, then there are dozens of other less invasive options. Nowadays, KYC is one of the most misused processes in the crypto domain. Most often it is used as a tool to deny the rewards to hard working bounty hunters. And in other cases the KYC documents are sold to hackers and criminals through dark markets.

airdropan

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♦♦♦♦♦

part 2 is not good to using another person identity for your kyc
its just like cheater or scammer. sometimes bounty managers using kyc for verify the hunter

pinoycash

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Activity: 1316

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Quote from: thd26bct on April 17, 2019, 06:50:30 PM

Exactly, with bunches of channels that managers can use to screen all potential bounty cheaters.
From bitcointalk account, to facebook, twitter, telegram, and Discord. I don't think that all bounty cheaters already have all set of accounts on those channels for each of their bitcointalk account in order to cheat bounties. So, if they use same accounts (such as Telegram, or Twitter) they will be discovered (by bounty managers or by forum community). Then, at the end, they all will be found, and punished (with nuked or red tags). KYC requirements for bounties are unneccessary, in my opinion.

Not all bounty managers are keen on finding cheaters and abusers, Sometimes they only rely on the community effort in exposing the cheaters and sometimes bounty managers themselves own hundreds of farm accounts that he will use to abuse the campaign the they manage.

thd26bct

member

Activity: 300

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Quote from: pinoycash on April 17, 2019, 06:44:27 PM

If they want to get rid of cheaters then its the role of the bounty managers to check and verify each participants.

Exactly, with bunches of channels that managers can use to screen all potential bounty cheaters.
From bitcointalk account, to facebook, twitter, telegram, and Discord. I don't think that all bounty cheaters already have all set of accounts on those channels for each of their bitcointalk account in order to cheat bounties. So, if they use same accounts (such as Telegram, or Twitter) they will be discovered (by bounty managers or by forum community). Then, at the end, they all will be found, and punished (with nuked or red tags). KYC requirements for bounties are unneccessary, in my opinion.

pinoycash

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Activity: 1316

Merit: 514

Quote from: Duzter on April 17, 2019, 06:17:13 PM

When bounty hunters are requested to fulfill KYC it has got some valid reason. The same is going to help with the distribution process and get rid from issues, because there are many countries that weren't allowed to participate into bounties as well for some legal reasons. Maybe in future this will fade off until then no other go.

There's no other reason but to collect personal information from unsuspecting bounty hunters. If they want to get rid of cheaters then its the role of the bounty managers to check and verify each participants.

Danslip

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Leading Crypto Sports Betting & Casino Platform

Bounty hunters are people who want fast and quick money for making small jobs required by the bounty manager. Bounty earnings are like taking an apple from the basket and bounty participants want to sell the apple for cash.

kemetz

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For me personally, I don't really have a problem if I have to fill KYC when the project is finished to get tokens from hard work so far, but before I have to improve more about this project and the development team behind it must also be a person answer with the identity we will enter.
It's a shame if you have participated in this project for a long time and did not get a token because you do not want to fill out KYC.

Duzter

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When bounty hunters are requested to fulfill KYC it has got some valid reason. The same is going to help with the distribution process and get rid from issues, because there are many countries that weren't allowed to participate into bounties as well for some legal reasons. Maybe in future this will fade off until then no other go.

Ben Shedly

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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!

I think you can add an item here.
4. If you do not want to go through the KYC, then look for projects where this is not required. Leave projects with KYC for those who want their documents to be "walking" over the network.

PuertoLibre

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Quote from: yapa ve yalniz on April 17, 2019, 05:50:38 PM

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!

Haha. What you say is true. And, skip the prize campaign with kyc requirement. With kyc you won't know what's going to happen next.

KYC is mandatory for IEO based token sales and scam projects always want an easy solution to the problems caused by KYC. What will happen next will be interesting to watch if the team decide to cancel the token sale after collecting the documents from customers.

yapa ve yalniz

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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!

Haha. What you say is true. And, skip the prize campaign with kyc requirement. With kyc you won't know what's going to happen next.

pushups44

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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!

I used to be more positive about KYC, but after experiencing the market crash and the fickleness of most ICOs, I have come to the conclusion that it's not worth giving very sensitive documents to a project that may not exist in one year. Projects that require KYC among bounty hunters should be avoided like the plague.

StephenJH

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No more Rekt and Bust

KYC problem is not new in the crypto projects but many projects joined to scam train for getting more coin. The dark web is full of KYC documents for sale and sometimes I fear about my documents.

Ultimist

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That's right. If someone does not want to participate in the KYC, they have every right to refuse it. Dont complain and dont say that the project is fraudulent if he decided to carry out this procedure.

Wayrey2020

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The issue is that most bounty managers don't spread the required details for the kyc, just like you requesting for only passport or national ID only for a verification which should at least be more than that, most countries don't issue national ID yet and passport is more like what the rich only own. So at least there should be another way for that expect personal details.

cryptolord2077

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Alas, while we have almost no influence on the abolition of KYC in bounty companies, the only way out is not to participate in such projects, it should be massive, but I understand that in current realities this will not happen.

South Park

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Quote from: Balzhi on April 10, 2019, 01:35:53 PM

phah) who are you?) millioners?) ooh cia will know where i live and will grab me and take all my shitcoins goodcoins with value few thousand$ Grin

relax. nobody needs you.

You are not understanding what this is about, it is obvious that most investors do not have enough money to be subjects of such investigation, so they are not worried about that, they are worried that those in charge of the ico will sell their information to criminals in the darknet and once your information is out there it is impossible to take it back, and while that kind of information may not be very valuable for those that are buying it, it is very valuable for you and losing it is not an option.

maculeth

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BountyMarketCap

yes, because the rules are very different. if in the previous year there were no kyc but still got a reward, this year or the end of this time it did not get anything but always required by Kyc. in my opinion this is unfair, and detrimental to the bounty hunter. because personal identity is very important, but if you get a big reward, I think it's okay.

0t3p0t

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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!

Step number one was the main thing I did in hunting bounty programs. I will go for the bounty without KYC because it is less hassle and no possible leak of personal information. Complying KYC even though we are not sure whether the project will become successful is very painful as we do our best to spread the news but they had failed to pay bounty hunters that deserves the said amount allocated in the program.

Topic: Solutions to KYC complain of some Bounty Hunters - page 4. (Read 1422 times)