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Topic: the benefits of kyc for bounty programs. (Read 689 times)

member
Activity: 630
Merit: 10
December 04, 2018, 06:43:57 AM
#69
but if I myself better avoid KYC in the bounty that I fear is my own data is afraid of being used by other people who are not responsible if in my own opinion, bro.
copper member
Activity: 383
Merit: 100
December 02, 2018, 11:09:40 AM
#68
When it was initially for investors, the project avoided the practice of money laundering, which was used by many corrupt mafias, but now it began to be applied to the bounty community. I felt the goal was to avoid fraudulent perpetrators who used many accounts to gain profitsgreat, this goal is very good for the bounty community to get gifts evenly and real.
jr. member
Activity: 392
Merit: 1
November 30, 2018, 03:14:58 AM
#67
kyc or can be referred to as KNOW YOUR CUSTOMER, the principle applied by the project developer is useful for getting payments that you receive.
because some projects are banned in some countries, so you have to fill in your personal identity
sr. member
Activity: 2436
Merit: 272
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 29, 2018, 02:34:37 PM
#66
In my view they do it to fight against scams and multiple accounts , also to prevent some countries they dont want them to participate , But i think there must be another way for them to do that without KYC , I'm not eager to reveal my identity for others . and still using KYC doesn't give them 100% guarantee that people dont make fake accounts!
Most of the time KYC for the bounty hunter introduced at very last time,if they really want to restrict multiple accounts means they need to do at very first so which chows that they are not interested to restrict other than paying their participants with the name of KYC.
hero member
Activity: 1036
Merit: 520
November 29, 2018, 01:47:51 PM
#65
In my view they do it to fight against scams and multiple accounts , also to prevent some countries they dont want them to participate , But i think there must be another way for them to do that without KYC , I'm not eager to reveal my identity for others . and still using KYC doesn't give them 100% guarantee that people dont make fake accounts!
sr. member
Activity: 630
Merit: 267
November 29, 2018, 03:40:53 AM
#64
my credentials , I can get into the hands of malicious people, and they use my credentials for illegal activities. KYC always involves risk
hero member
Activity: 1218
Merit: 507
Leading Crypto Sports Betting & Casino Platform
November 27, 2018, 11:43:30 PM
#63
I do agree with KYC, a procedure in order to control the flow of multiple accounts and for audit purpose, they need to show to the government what was the total issued to the public. In some countries, they are following according to their rules and regulation of the ICO and that's why they are collecting the KYC procedure.
sr. member
Activity: 1638
Merit: 260
Trphy.io
November 27, 2018, 02:26:54 AM
#62
in my opinion about KYC for the bounty world is the first to be sure to know the recipient's bounty and second to know identity multi-account participants, but the benefits of KYC are to prevent fraud because many people want to get rich quick through many accounts. but there are also many people who don't like KYC because they don't want they identities to be known by many people.
full member
Activity: 756
Merit: 102
November 26, 2018, 10:42:15 PM
#61
I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you
I think the only one benefits of KYC in bounty is the reduce of multiple accounts that abuse the bounty or always cheat. Because of KYC we avoid some cheating in bounty campaign. And that's the only one benefits that we can get in KYC .

i believe kyc is built not because they want to reduce abusers but because they want to comply with the rules regarding on regulation of banks/money but at the same time kyc do also have another positive effect and that is to reduce cheaters from partipating on their ico or bounties .

Kyc is also a hassel to most of us because not all can complete this step due to the fact that it requires an advanced i.d such as drivers license or a passport on which most of us didnt have but the best and legit bounties nowadays are always requiring this  .  so sad Sad
full member
Activity: 882
Merit: 104
November 26, 2018, 06:45:57 PM
#60
I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you
I think the only one benefits of KYC in bounty is the reduce of multiple accounts that abuse the bounty or always cheat. Because of KYC we avoid some cheating in bounty campaign. And that's the only one benefits that we can get in KYC .
member
Activity: 462
Merit: 10
November 26, 2018, 05:48:41 PM
#59
maybe if KYC to reduce the existence of multiple accounts this could be. but actually this is still not accurate. because they could use the identity of others to pass through this KYC. and it is very unfortunate for accounts that are truly real because this is very detrimental. if KYC is for a bounty that has big rewards for me it doesn't matter, but if the reward given is small, I think it's not right. because our identity could be misused.
full member
Activity: 579
Merit: 102
November 26, 2018, 10:58:00 AM
#58
In principle, there are not so many options, kyc is necessary to reduce fraudulent actions on the part of participants of bounty companies, and is also intended to confirm their identity, in my opinion this is a positive aspect since using kyc you can ensure the security of your account
jr. member
Activity: 387
Merit: 1
November 26, 2018, 09:15:27 AM
#57
Using KYC on a bounty hunter does have some benefits as you say, to prevent multiple accounts from a bounty hunter. but I don't think the KYC system for bounty hunters is necessary because they are not an investor. besides that even though they (bounty hunters) use multiple accounts, they also work to promote the ICO project further.
jr. member
Activity: 265
Merit: 1
November 25, 2018, 04:55:21 PM
#56
In most bounties where KYC is missing some hunters tends to cheat and steal others work.  In order to reduce the rate of scam KYC is the sure bet.  Some kyc is done  as a result of government policies
legendary
Activity: 3122
Merit: 1140
November 24, 2018, 01:22:55 PM
#55
I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you

the benefits of Kyc that were asked by the bounty were of great benefit. some of which are useful for reducing participants who commit fraud. the purpose of KYC is to avoid participants who are multi-account.
I would tell you this that KYC isn't really necessary for bounty participants yet they aren't investors which do need to comply with KYC proceedings.Multi-accounting
can be solved out if the manager who do handle such bounty campaigns would really be eager or not lazy enough. Right excel filtering would already solve it out and
good or keen checking out participants task.
full member
Activity: 910
Merit: 102
November 24, 2018, 07:43:26 AM
#54
I want to ask about the KYC in the world of bounty, what is the benefit of kyc?
1. only for identity
2. reduce multi-account participants

I want to ask seniors who have long been in the bounty world because I am still a newbie. Please enlighten me. thank you

the benefits of Kyc that were asked by the bounty were of great benefit. some of which are useful for reducing participants who commit fraud. the purpose of KYC is to avoid participants who are multi-account.
jr. member
Activity: 308
Merit: 3
November 14, 2018, 08:45:42 AM
#53
I think its main use is to prevent multiple accounts to receive the reward. That is the only consequence of it that our information will be used to something else but what can we do if its the requirement to receive a reward.
legendary
Activity: 2492
Merit: 1018
November 14, 2018, 08:12:52 AM
#52


I think is about getting your identity as part of being a token owner which means you are also an investor of the project. You have been promoting which means you have spend time for the project and at least knew about it. This I guess is part of identifying the cheating participants as well so its good. Not that its good because there is KYC, we all hate it but I guess purging cheats are good.
full member
Activity: 277
Merit: 101
November 14, 2018, 08:00:35 AM
#51
The bonus program when requested kyc will be fair to minimize the bad people abuse to cheat
sr. member
Activity: 840
Merit: 262
September 26, 2018, 11:10:54 AM
#50
there are literally no benefits for hunters.
multi acc users will use id pics from internet. yes, sometimes they will get detected but sometimes won't.
hence there will be only some little chances to get paid more as a fair bounty hunter

LOL only there is benefit for project owners and people whoever have the access for the bitcointalk bounty campaign sheets. If they wills to sell the email database to anyone it will be really worst part in the bounty program.
This is one of the reasons for the people mostly go with the side of good campaign. Since they are trustful people like yahoo in the campaign handling.
good point mate
I like yahoo too, but it is really difficult to get a place in his bounty campaigns

Yahoo Manager is very transparent and very good at calculating rewards and you experience difficulties in Yahoo gift programs located where, for example social media, articles, signatures.
I did NOT say I have had any difficfulties IN his campaigns. I said it is difficult TO GET A PLACE in his campaigns because they are very popular but amount of places is kinda small
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