Solutions to KYC complain of some Bounty Hunters - page 8.

South Park

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Quote from: watergold on April 02, 2019, 12:15:55 PM

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

You are only thinking about the possible benefits of know your customer policies but you are not thinking about the real world consequences of what happens when things do not go as expected, when most of the projects in the market are scams then there is a real risk that whatever information that you send to them is going to be stolen and sold on the darknet, are you willing to risk your personal information just to earn a few dollars? Because that is the risk that you are taking if you do that.

wxxyrqa

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Quote from: Korkorjkk on April 04, 2019, 11:39:17 AM

I'm even tired of KYC, by now my information has been used by a lot of projects for their own rewards and I never had a share of it. I have decided not to take part in projects that need KYC before payments are made.

I fully agree with your opinion, since it is already a statistic that all projects that are forced to provide passport data cost nothing. They either do not pay out the tokens, or give the tokens to the Bounty company altogether, and then disappear completely from the sight of all users of cryptocurrency.

Bttzed03

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Quote from: burky156 on April 04, 2019, 10:57:09 AM

Quote from: Tipsters on April 02, 2019, 12:52:58 AM

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.

Yes you are telling the right thing but what if the project haven't ask for KYC procedure at the beginning of the bounty campaign but they asked you when the campaign ends? Unfortunately they wouldn't send the bounty tokens if you don't send your KYC. So they are using the bounty hunters the ways that they want and it is something very very bad..

I think most of the complaints on KYC are not those bounty campaigns who already set that rule at the beginning of the campaign but from those who require it at the very end. Most hunters do not want their bounty rewards to be held hostage and be forced to undergo KYC procedure to claim their due reward. Even if there is that rule that "we reserve the right to change the rule......" clause, that should only cover changes in bounty allocations and not add rules such as KYC and exchange voting.

Korkorjkk

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I'm even tired of KYC, by now my information has been used by a lot of projects for their own rewards and I never had a share of it. I have decided not to take part in projects that need KYC before payments are made.

baigreen

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Quote from: Ezenwanyi1 on April 04, 2019, 11:14:58 AM

It's not as if bounty hunters do not know nor understand the meaning of kyc or what it entails ,the issue here is that the rewards from this projects are not much, some are even as little as $20 and requesting kyc of a hunter over $20 is not fair.

You consider yourself the smartest and you know everything. Vyogoda not determined by the instant live on the project. So compare it with $ 20 is not worth it. Your personal data has long been online. And all who need them easily take advantage. Just this procedure does not give any guarantees.

Ezenwanyi1

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It's not as if bounty hunters do not know nor understand the meaning of kyc or what it entails ,the issue here is that the rewards from this projects are not much, some are even as little as $20 and requesting kyc of a hunter over $20 is not fair.

burky156

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Quote from: Tipsters on April 02, 2019, 12:52:58 AM

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.

Yes you are telling the right thing but what if the project haven't ask for KYC procedure at the beginning of the bounty campaign but they asked you when the campaign ends? Unfortunately they wouldn't send the bounty tokens if you don't send your KYC. So they are using the bounty hunters the ways that they want and it is something very very bad..

Akoldi_ibk

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Quote from: Psynthax on April 04, 2019, 10:16:25 AM

That's indeed, but i think any ico that interested to implement KYC verification must need to give awareness when they are creating a bounty announcement. this to avoid there will be a lot of cons with the participants if they didn't know that will apply KYC.

I think this is the only solution — any ICO that wants to implement KYC should state the requirement from the beginning and not in the middle or at the end of the bounty program when hunters have laboured so hard. Then if there is need to implement it where it was not stated from onset, I think the DEV and the hunters should agree on a way around it and not necessarily force the procedure on hunters where a lot end up losing their rewards.

sujonali1819

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Nowadays some ultra-modern cheaters are asking kyc process for only proving that they are totally legit and don't want to any work which is against the government. Thus they are spreading their Trap. And some fool people enter into the trap and got by the scammers. We should aware of scam ico. Though here we are talking about bounty hunters problem so want to say bounty hunters mainly don't invest any ico. So bounty hunters should avoid uploading kyc document to any scam project. Good luck. thanks

Psynthax

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Quote from: Vaculin on April 04, 2019, 09:22:06 AM

Quote from: leea-1334 on April 04, 2019, 07:52:46 AM

Quote from: moynul2050 on April 04, 2019, 06:59:17 AM

there have been many complaints about KYC for bounty hunters, increasingly protested and discussed more and more projects that require KYC.
in the end I believe that inevitably we have to follow the rules of the DEV and the team of the projects we follow.

That is if you still insist on doing bounty hunting and if you still must insist to do it with projects like that. Maybe it is time that people rethink what they see the crypto market is and realize now it is no longer a get rich quick scheme? I mean guys, nothing is free. And when teams see nothing but cheats, fake shilling, and ZERO return on investment, why do you think they ask for KYC?

KYC is often asked already to most of the campaigns today but if you have doubts about giving your personal details, then find another campaign that would not need any KYC. For me KYC has really a good purpose but as a human, sometimes we tend to think negativity over positivity.

That's indeed, but i think any ico that interested to implement KYC verification must need to give awareness when they are creating a bounty announcement. this to avoid there will be a lot of cons with the participants if they didn't know that will apply KYC.

WatchMaker

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Well, the majority of the ICOs asking the bounty hunters for KYC turns out to the scammy ones. therefore, it is no-no for me to join any new bounty with KYC anymore. I stopped from joining any ICO that is asking for my personal data because they might sell it on the Darkweb.

Siren

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Quote from: cryptoaddictchie on April 02, 2019, 12:44:54 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.

Is this really a solution?or is this a joke?ofcourse its everyone’s prerogative if what decisions to make,so this is nothing to tell for

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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)

Still this is the common things hunters do right now because this can hide their personalities but for me this is cheating and not a good human behavior

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

So what are the help you made for the bounty hunters then?

oemar bakrie

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Not all of this is cheating, only a small example will run if you have gotten a profit on the condition that you have to provide identity through KYC.
just an example like what I follow OTTPAY.io is one example of a bounty that must and needs to send KYC and until now it can still be used..
Once again not all of those gifts cheat.. Good luck all..

Vaculin

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Winding down.

Quote from: leea-1334 on April 04, 2019, 07:52:46 AM

Quote from: moynul2050 on April 04, 2019, 06:59:17 AM

there have been many complaints about KYC for bounty hunters, increasingly protested and discussed more and more projects that require KYC.
in the end I believe that inevitably we have to follow the rules of the DEV and the team of the projects we follow.

That is if you still insist on doing bounty hunting and if you still must insist to do it with projects like that. Maybe it is time that people rethink what they see the crypto market is and realize now it is no longer a get rich quick scheme? I mean guys, nothing is free. And when teams see nothing but cheats, fake shilling, and ZERO return on investment, why do you think they ask for KYC?

KYC is often asked already to most of the campaigns today but if you have doubts about giving your personal details, then find another campaign that would not need any KYC. For me KYC has really a good purpose but as a human, sometimes we tend to think negativity over positivity.

znation

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Yes, I see some mandatory bonus programs KYC but the bonuses they pay us very little, for those projects I will not do.

BitcoinTurk

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Quote from: cryptoaddictchie on April 02, 2019, 12:44:54 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 accept the first factor you have mentioned because the KYC process is now almost taking place in every aspect of our lives and can cause great problems for many individuals. The fact that almost every project now wants to implement a KYC transaction is also a factor for many members. It's also a matter of discussion to send credentials to unreliable projects or projects that are not interesting to the investor. For that reason, I would advise not to send documents such as identity cards or passports to bounty campaigns that have not provided trust in the market. As a result, the purpose of some people is not to make money, but to collect data and to obtain credentials.

thd26bct

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When they need money, they have to pay a cost for it.
It is better for them if they do KYC to get money on trusted sites, but it is not common stories of bounty hunters.

Quote from: nightl on April 04, 2019, 06:36:07 AM

Why should you give out your data to all? In fact, now a photo of your passport and you yourself can be very harmful if they fall into the hands of a bad person.

Actually not simply or complicated here about KYC.
I think KYC is simple step to do, but the security level of KYC and personal information is more important.

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Ok, the concept, why KYC in exchanges is understandable - everything is simple. But when the bounty manager says that bounty project is without KYC, and then at the end introduces KYC form - this is fraud and injustice.

leea-1334

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Temporary forum vacation

Quote from: moynul2050 on April 04, 2019, 06:59:17 AM

there have been many complaints about KYC for bounty hunters, increasingly protested and discussed more and more projects that require KYC.
in the end I believe that inevitably we have to follow the rules of the DEV and the team of the projects we follow.

That is if you still insist on doing bounty hunting and if you still must insist to do it with projects like that. Maybe it is time that people rethink what they see the crypto market is and realize now it is no longer a get rich quick scheme? I mean guys, nothing is free. And when teams see nothing but cheats, fake shilling, and ZERO return on investment, why do you think they ask for KYC?

sempak

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there is no other thing that can be done to really do a verification to find out cheating besides kyc although pro contra but I personally support it because at this time cheating is very much happening

moynul2050

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there have been many complaints about KYC for bounty hunters, increasingly protested and discussed more and more projects that require KYC.
in the end I believe that inevitably we have to follow the rules of the DEV and the team of the projects we follow.

Topic: Solutions to KYC complain of some Bounty Hunters - page 8. (Read 1452 times)