Topic: Team also needs to pass KYC - page 11. (Read 1062 times)
But they can force us to go through KYC if we want to participate, and we they don't, we can only miss such a project.
Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
Very correct the team behind the project should be made to pass some form of identity test before being allowed to start a project, this will help to reduce the level of scam in the ICO market because fake team will not be able to pass the test if conducted properly. 
Eh, I don't think that will help to prevent scams.
KYC is so easy to get around.
Here's an example:
I had a colleague who wanted to invest in an ICO but Singaporeans weren't allowed.
So he simply googled a passport ID page and submitted that.
All he had to do was photoshop a couple things and Tadaaa! He is now a filipino.
For me, when I haven't been able to invest because I'm American.
I just ask my Chinese friend to do the kyc for me.
Devs will be able to similar things and more.
In a way, this could even increase scams because people foolishly think kyc means the ico is legitimate.
KYC is so easy to get around.
Here's an example:
I had a colleague who wanted to invest in an ICO but Singaporeans weren't allowed.
So he simply googled a passport ID page and submitted that.
All he had to do was photoshop a couple things and Tadaaa! He is now a filipino.
For me, when I haven't been able to invest because I'm American.
I just ask my Chinese friend to do the kyc for me.
Devs will be able to similar things and more.
In a way, this could even increase scams because people foolishly think kyc means the ico is legitimate.
Well, I'd suggest you don't participate in any bounties that required an identity verification. It is actually far away from Bitcoin decentralized natures. I don't think its work to exchange our identity for a useless token that created for the scam in the first place. The solution is not to force the team to open their identity instead understand the value of your privacy, and the benefit of cryptocurrencies especially BItcoin.
Smile! This will be so amazing if this can come into existence but I believe that the team member will not involve in kyc, so that they we know that is not easy to disclose your credentials, even though kyc is use to reduce the rate of fraudulent act.
It quiet funny but there is an element of truth in what you are saying. They check others to find out whether they are genuine or not which is not bad but my worry is who watches the watch dog 
?. There need to be a system for them the watch dog.
?. There need to be a system for them the watch dog. 
This is just crazy mate, they would be verifying their own identity. You expect them to say "this is me" while looking at their own selfie?
It would not be called KYC, maybe KYT (Know Your Team)
It would not be called KYC, maybe KYT (Know Your Team)
Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
I hardly think that this would be a possible solution because KYC of the investors is done by the project team. So who do you think will be eligible to validate the KYC details of the team?It can't be the investors since there will be so many investors and it would be hard for everybody to validate the KYC. It can't be a third party since it can be easily corrupted.
Hence KYC of the team would not be an appropriate thing. It's better if we avoid any such investments where KYC is mandatory.
Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
KYC verification for team members can only be possible if there is a cryptocurrency body or authority in place to verify them. If the team members are allowed to verify themselves, they will surely put false information on their websites. 
Maybe they don't need full kyc like holding their passports and taking a selfie (which is also a bs for us too) but they should Show temselves on lots of places. Not just pictures on social media.
Another system should be stopped to show email id in the spreadsheet. It is also dangerous for our safety. Recently my blockchaing id has been by fake email. I have used my email in the few bounties, and the hacker take my email from the spreadsheet and my details.
I really agree with you, but most of the bounty managers don't listen to it and I see some projects still show emails in spreadsheets.and I suggest that you are careful with the email you are using or you should use another email to register bounty Quote
team also need to pass kyc and publish it on website
I think it's useless because how do we know that the document is real or fake, check ICO ratings website, some project display pass ICO KYC Report, but it's doesn't help us identify the authenticity.Quote
Another system should be stopped to show email id in the spreadsheet
It's bounty manager fault, they don't hidden the email column, better don't use our main email to register bounty campaign because people always send spam/scam/fake email to us.
The team are expected to be certified. You have a good point but the question is, who will verify the kyc? Where will they submit the kyc? Unless we see the team on places like icobench where they have to pass kyc to increase its ratting
actually what you are suggesting is good but no project is carrying out this system because they are in control of the rules My advice to be more careful about investing in ICO
Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
Thank you for again bringing this topic to life. Almost one year ago I said the same thing. The scam opportunity is not just limited to money. The ICO owners can even sell out your KYC documents at a very good price. Read it here,
https://bitcointalksearch.org/topic/kyc-requirement-from-icos-will-open-up-a-whole-news-area-of-scam-2946614
Also the remediation plan needs to be well thought. Even if the ICO owners publishes their KYC documents in their website, how are you going to validate that?? Just try searching in Google playstore and you will find more than 20 apps that can help you to generate fake KYC documents. So there's no way to validate the authenticity of those KYC documents uploaded in the website either! If a scammer wants to scam, they can find hell lot of ways to do that!
KYC for bounty hunters aren't good decision. It is now being used by some greedy team who abuse bounty hunters document. It is our risk to do kyc as a bounty hunter. Team of some projects flew away after collecting money from ICO and they become inactive, their tokens value damaged after seeing their greedy activities.
Another system should be stopped to show email id in the spreadsheet. It is also dangerous for our safety. Recently my blockchaing id has been by fake email. I have used my email in the few bounties, and the hacker take my email from the spreadsheet and my details.
Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
Why do the team behind the project needs to pass KYC when they are not the customer? You need to understand KYC more, proceed here.KYC is not the term for you to say in here, rather they should give their personal information that can be of a valuable holdings for those investors. Yes, there were lots of scams I think it's time for them to give what is right for us. All they do is scamming all of us after their ICO.
Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
They should and it's a must because they are the one getting the money, I don't trust and tagged as a scam ICO that failed to prove their identity and photoshopped their team, we have seen that happens so many times check the scam thread so many ICO with fake team profile.
Many ICO investigator and review sites has been demanding this. And some of them are actually verifying their identity and opening up in interactions on real life events while most of them are hiding in disguise. Though we can't just generalize it with success or failure of project, but it would certainly make the team more credible and responsible.
I think it’s a complicated situation bounty hunters can do little about
and I think teams do complete kyc too when it comes to listing on the big exchanges, and also on ico rating sites
While few projects get whitelisted by their countries too; before anything
and I think teams do complete kyc too when it comes to listing on the big exchanges, and also on ico rating sites
While few projects get whitelisted by their countries too; before anything
Team who are not dcared to post their real Identity have chance that project is not scam because once they do not gpod or any mistakes their name will be report and post in online for sure. But I think too also they need the team to pass their KYC for fairness.
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