Some Bounty managers are already Included KYC requirements in Bounty Thread! - page 2.

arthotdog

full member

Activity: 462

Merit: 100

Quote from: MadGamer on May 22, 2018, 07:38:38 AM

The way I see it is that this will decrease the quality of posts in the long run instead of improving them. The people who are old in the forums, understand crypto and have high quality posts yes however, they also like to stay anonymous. In fact, It could be the reason why they started using crypto in first place. KYC will simply push people who don't care about their privacy and most likely the ones that only care about making a quick buck and maybe a minority of good quality posters.

I totally agreed on that,and even those not so old here has same reason why instead of banking they choose to be here,because of privacy that is i guess rights of every individuals..
Not because we want to hide something not good,but its about security and privacy and requiring kyc will only lead us in the edge of safety and vulnerability.i believe that in some point that must be abolished

Barrueco

jr. member

Activity: 154

Merit: 1

I think this is not the manager's decision. I think in many cases this decision belongs to ICO team. If the team close the bounty for ex. for USD citizen, the bounty manager holds responsible bounty participant about KYC.
Daostack team gives ETH as the reward to the bounty participant. They don't want to give their coins to the citizens of the restricted area for ICO and even for bounty.

shandi albert

full member

Activity: 308

Merit: 101

FXPay.io

The KYC clarification must be made from the beginning of the campaign. KYC forms always happen at the end of the campaign without prior notice. but we still have to obey the rules made by bounty managers.

eagle10

sr. member

Activity: 840

Merit: 252

Quote from: Kunlejoe0 on May 22, 2018, 08:09:59 AM

KYC for bounty hunter is wrong in all respect! The Idea of KYC should spur dev to a solution that will make KYC irrelevant and boost investors confidence in the tech that enable free market entry and exit! KYC scourge is a serious problem for the value we hold dearly in cryptocurrency!

I agree that KYC should only be done for ICO investors and not bounty hunters. But if they are going to do KYC from bounty hunters, they should check the amount of token they receive if it is big amount of token then maybe they could implement the KYC, even if it is wrong to do for non-investors for me, for bounty hunters because of receiving big amount of tokens.

The Goat Master

hero member

Activity: 868

Merit: 502

I wouldn't willing to participate to those campaigns which require KYC. But at least it is honest when they ask at first than they ask at the end of campaigns without any indication at first.

haidangtp

member

Activity: 336

Merit: 10

I do not like this problem. I do not want personal information leaked. I suppose bounty hunters do not need KYC.

GhostWithin

full member

Activity: 644

Merit: 145

Quote from: leland orser on May 22, 2018, 07:42:56 AM

If the bounty thread needs KYC data, then I don't think I will join.
For now, most of the bounty threads won't get much token, and the risk of submitting personal data is high.

So KYC helps to increase bounty payments. It will be more difficult to participate in one bounty from several accounts.
I cannot interpret these changes as uniquely bad or good. There are pluses and minuses Wink

btccrusher

member

Activity: 742

Merit: 12

Quote from: MadGamer on May 22, 2018, 07:38:38 AM

The way I see it is that this will decrease the quality of posts in the long run instead of improving them. The people who are old in the forums, understand crypto and have high quality posts yes however, they also like to stay anonymous. In fact, It could be the reason why they started using crypto in first place. KYC will simply push people who don't care about their privacy and most likely the ones that only care about making a quick buck and maybe a minority of good quality posters.

Agreed with this statement, even I, myself avoid participating those campaign or any exchange, campaigns that needed to pass KYC. This is becasue, I simply like to stay anonymous in crypto world. KYC shouldn't be needed for airdrops or bounties, this an unnecessary option.

ETHtotheMOON1

jr. member

Activity: 280

Merit: 3

Quote from: masterrex on May 22, 2018, 04:33:08 AM

Some Bounty Managers are Already Responded about KYC* requirements in Bounty Campaign and Already Included in Bounty Thread Since the first Posting of the Bounty Campaign thread Thumbs UP *and to other Bounty Managers Kindly Include if the Campaign you handled is required to do KYC for Bounty Hunters.

I agree, that is the right thing to do in order to be transparent from the very beginning. Some bounties have never mentioned KYC until the campaigns have ended..

Kunlejoe0

full member

Activity: 518

Merit: 100

KYC for bounty hunter is wrong in all respect! The Idea of KYC should spur dev to a solution that will make KYC irrelevant and boost investors confidence in the tech that enable free market entry and exit! KYC scourge is a serious problem for the value we hold dearly in cryptocurrency!

Byzantium101

member

Activity: 249

Merit: 13

dApps Development Automation Platform

I am not giving my ID to any campaign for the following reasons:

1 - There are other ways of checking that there is a person behind the alias.
2 - There is a high chance of the ICO being a scam: KYC is expensive and it makes no sense to do it for Bounty Hunters, so if they are doing it they are probably going to sell it in the dark web for profit.
3 - No bounty is worth having my ID documents on god knows which database and god knows what security measures if any.

So, for those campaigns that require KYC for hunters... good luck. And for those that decide to do KYC AFTER the campaign, be sure that you will be named and shamed for a long time in the forum.

itsv

full member

Activity: 532

Merit: 100

well i think asking KYC for bounty or airdrop is ridiculous. KYC should be and in fact it is for the customers who contribute some substantial amount of money in the ico. Bounty hunters or airdrop participants most of time lets say 70% of the time are students who want some little cash and they manage to earn it through their social media presence.

aoihs00

sr. member

Activity: 700

Merit: 300

Quote from: masterrex on May 22, 2018, 04:33:08 AM

Some Bounty Managers are Already Responded about KYC* requirements in Bounty Campaign and Already Included in Bounty Thread Since the first Posting of the Bounty Campaign thread Thumbs UP *and to other Bounty Managers Kindly Include if the Campaign you handled is required to do KYC for Bounty Hunters.

Lolz. That will end up with bad reputation of the ICO project. Most of them will complain about the ICO's asking for the KYC docs which participants might not be willing to give away just like that. In the long run number of participants will decrease badly and thus it will not help do the marketing for most of ICO. They will fall out of the crypto investors and thus the project will not even get started without investors and might become obsolete soon.

tahmad

member

Activity: 252

Merit: 14

It depends on the project that handled by bounty manager.
Bounty manager just do as the dev of project want. Some bounty on first not requiring a KYC for participants, but in the middle of event the dev ask it. This is not pure of mistake of bounty manager.

D3F4L7 RAT

member

Activity: 172

Merit: 34

Yes for some people it's good but I think that it will just decrease the no. of participant who are a fan of doing bounties and also to those people whos bounties are their primary source of income. I am in hunch that these KYC can result of people's Identitiy theft. Futhermore, the campaign and the project will know that their investors are legit but how can bounties participant will know that the bountie they re joining is really legit?

leland orser

member

Activity: 196

Merit: 10

The Experience Layer of the Decentralized Internet

If the bounty thread needs KYC data, then I don't think I will join.
For now, most of the bounty threads won't get much token, and the risk of submitting personal data is high.

MadGamer

legendary

Activity: 1568

Merit: 1031

The way I see it is that this will decrease the quality of posts in the long run instead of improving them. The people who are old in the forums, understand crypto and have high quality posts yes however, they also like to stay anonymous. In fact, It could be the reason why they started using crypto in first place. KYC will simply push people who don't care about their privacy and most likely the ones that only care about making a quick buck and maybe a minority of good quality posters.

masterrex

full member

Activity: 1820

Merit: 107

Some Bounty Managers are Already Responded about KYC* requirements in Bounty Campaign and Already Included in Bounty Thread Since the first Posting of the Bounty Campaign thread Thumbs UP *and to other Bounty Managers Kindly Include if the Campaign you handled is required to do KYC for Bounty Hunters.

Topic: Some Bounty managers are already Included KYC requirements in Bounty Thread! - page 2. (Read 230 times)