the benefits of kyc for bounty programs. - page 3.

entrepmind23

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Quote from: milewilda on September 19, 2018, 12:27:29 PM

KYC for bounty?

It shouldnt really be there on the very first place because bounty hunters are not investors which would really need up to pass documentations.It might really have some advantages to limit
or block those cheaters or multi-accounts but it isnt really an appropriate thing to be mandated.

Definitely. It shouldn't be there in the first place because doing KYC is only for the ones who would be investing in the project but not for those who would do the marketing for them. If it can do anything, then it would just be to confirm the identities of the people who are participating in the campaign and reduce the number of participants.

Quote from: Sanmark on September 19, 2018, 04:55:47 PM

This is correct, but in bounties it's not the small amount of money why you cant be charged for money laundering, it's because you didn't invest any money so there is nothing to be "laundered". KYC for bounty, pure scam!

I saw one post before about someone selling the KYC of the people and it's not cheap. Those scammers are just taking advantage of the YC going on in legit projects that's why they are asking for KYC as well and then sell it for a profit. If they can collect for 1000 people and sell it for $10 each then they can have $10,000 easily. I just don't participate in bounties asking for KYC.

jebul2

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Quote from: ciang huang on September 20, 2018, 06:07:11 AM

Quote from: Wir shtrez22 on September 19, 2018, 04:49:26 PM

Quote from: ciang huang on September 15, 2018, 09:16:24 AM

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

not only for identity and reducing multi-account participants but in the gift program must be over 18 years old, in this forum I see several accounts that take part in the gift program under 18 years therefore some managers use the KYC program to ensure that participating in the Bounty program must be over 18 years of age

Does the bounty have to have a maximum age, bro, as long as I study in the world of gift or crypto, I just found out that there is an age limit if I myself think that Bountyhunter does not have the most important age limit to meet the limits of thought and knowledge.

I agree with your opinion, bro, if I think age can be manipulated
because now technology has developed rapidly in all circles, if I am a gift hunter, I don't have to be an adult, the most important is mastering the science of crypto

livingfree

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Quote from: Hamphser on September 20, 2018, 03:38:23 PM

Quote from: livingfree on September 19, 2018, 04:27:53 PM

Quote from: panpine on September 19, 2018, 12:22:52 PM

There should exist kyc for bounty hunters because of minimizing the cheating of greedy bounty hunters and increasing fairness for bounty hunters.

This is the part of it but giving your identity for those tokens isn't really worth it.

Your identity can be used to some other things but whomever you'll give it so its better to keep your identity safe and sound than to entrust it to them. But if you are a die hard bounty hunter, its your choice.

These things should really be put up on our mind why would really risk up our own identity for a token which doesn't really have any value in the market?As we all know on initial phase where tokens doesn't have a significant price.If you give your details and then end up on holding a garbage coin then it would really be a disastrous thing for you since you didn't gain nothing but all garbage.So no to KYC.

Looking at different sides, I can say that its not worth to put your identity to any of these verification process of any bounty. But the participant has its own discretion and if you guys are bounty hunters remember that there's a limitation for it.

Before things would go terrible when someone used your identity, you can't stop thinking that its your own fault for passing your valid ID in exchange for those tokens that's really have no market value.

jakezyrus

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Quote from: ciang huang on September 20, 2018, 06:07:11 AM

Quote from: Wir shtrez22 on September 19, 2018, 04:49:26 PM

Quote from: ciang huang on September 15, 2018, 09:16:24 AM

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

not only for identity and reducing multi-account participants but in the gift program must be over 18 years old, in this forum I see several accounts that take part in the gift program under 18 years therefore some managers use the KYC program to ensure that participating in the Bounty program must be over 18 years of age

Does the bounty have to have a maximum age, bro, as long as I study in the world of gift or crypto, I just found out that there is an age limit if I myself think that Bountyhunter does not have the most important age limit to meet the limits of thought and knowledge.

bounties shouldnt have an age limit because it is anonymous and can be done online which means anyone can still use a fake identity ( e.g name , age , adress ) so setting up some specific rules will only be useless . but you might have to be in a legal age before you can withdraw your funds locally as it is requires an i.d to prove your ownership . if ever you are not in a legal age , you can still transfer your funds to someone who is eligble to withdrew your funds and that still solves your problem .

Hamphser

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Quote from: livingfree on September 19, 2018, 04:27:53 PM

Quote from: panpine on September 19, 2018, 12:22:52 PM

There should exist kyc for bounty hunters because of minimizing the cheating of greedy bounty hunters and increasing fairness for bounty hunters.

This is the part of it but giving your identity for those tokens isn't really worth it.

Your identity can be used to some other things but whomever you'll give it so its better to keep your identity safe and sound than to entrust it to them. But if you are a die hard bounty hunter, its your choice.

These things should really be put up on our mind why would really risk up our own identity for a token which doesn't really have any value in the market?As we all know on initial phase where tokens doesn't have a significant price.If you give your details and then end up on holding a garbage coin then it would really be a disastrous thing for you since you didn't gain nothing but all garbage.So no to KYC.

ciang huang

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Activity: 630

Merit: 10

Quote from: limmousine on September 20, 2018, 03:26:01 AM

Quote from: Sanmark on September 19, 2018, 04:55:47 PM

Quote from: saqwe on September 16, 2018, 10:06:40 AM

Naturally KYC is needed for the investors due to anti money laundry ( A process whereby someone fraudulently acquire wealth and he/she is looking for where to keep it or spend it lavishly.
In real sense there is no point for asking for bounty hunter kyc because they only earned small amount of money.

This is correct, but in bounties it's not the small amount of money why you cant be charged for money laundering, it's because you didn't invest any money so there is nothing to be "laundered". KYC for bounty, pure scam!

average bounty allocation is only 2% of sold tokens or total supply, very little. but the risk we get is greater, because our privacy will be at stake, kyc has the potential to be misused by irresponsible parties and that is why we must be careful.

yes bro now there are many bounties and airdrops that have to use KYC, the amount distributed is also very small and unbalanced if in my opinion and the negative side of kyc is afraid of being misused by irresponsible people.

ciang huang

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Quote from: Wir shtrez22 on September 19, 2018, 04:49:26 PM

Quote from: ciang huang on September 15, 2018, 09:16:24 AM

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

not only for identity and reducing multi-account participants but in the gift program must be over 18 years old, in this forum I see several accounts that take part in the gift program under 18 years therefore some managers use the KYC program to ensure that participating in the Bounty program must be over 18 years of age

Does the bounty have to have a maximum age, bro, as long as I study in the world of gift or crypto, I just found out that there is an age limit if I myself think that Bountyhunter does not have the most important age limit to meet the limits of thought and knowledge.

limmousine

sr. member

Activity: 546

Merit: 251

Quote from: Sanmark on September 19, 2018, 04:55:47 PM

Quote from: saqwe on September 16, 2018, 10:06:40 AM

Naturally KYC is needed for the investors due to anti money laundry ( A process whereby someone fraudulently acquire wealth and he/she is looking for where to keep it or spend it lavishly.
In real sense there is no point for asking for bounty hunter kyc because they only earned small amount of money.

This is correct, but in bounties it's not the small amount of money why you cant be charged for money laundering, it's because you didn't invest any money so there is nothing to be "laundered". KYC for bounty, pure scam!

average bounty allocation is only 2% of sold tokens or total supply, very little. but the risk we get is greater, because our privacy will be at stake, kyc has the potential to be misused by irresponsible parties and that is why we must be careful.

Sanmark

jr. member

Activity: 112

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Quote from: saqwe on September 16, 2018, 10:06:40 AM

Naturally KYC is needed for the investors due to anti money laundry ( A process whereby someone fraudulently acquire wealth and he/she is looking for where to keep it or spend it lavishly.
In real sense there is no point for asking for bounty hunter kyc because they only earned small amount of money.

This is correct, but in bounties it's not the small amount of money why you cant be charged for money laundering, it's because you didn't invest any money so there is nothing to be "laundered". KYC for bounty, pure scam!

Wir shtrez22

jr. member

Activity: 210

Merit: 1

Quote from: ciang huang on September 15, 2018, 09:16:24 AM

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

not only for identity and reducing multi-account participants but in the gift program must be over 18 years old, in this forum I see several accounts that take part in the gift program under 18 years therefore some managers use the KYC program to ensure that participating in the Bounty program must be over 18 years of age

livingfree

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Quote from: panpine on September 19, 2018, 12:22:52 PM

There should exist kyc for bounty hunters because of minimizing the cheating of greedy bounty hunters and increasing fairness for bounty hunters.

This is the part of it but giving your identity for those tokens isn't really worth it.

Your identity can be used to some other things but whomever you'll give it so its better to keep your identity safe and sound than to entrust it to them. But if you are a die hard bounty hunter, its your choice.

milewilda

legendary

Activity: 3094

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Quote from: ciang huang on September 15, 2018, 09:16:24 AM

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

KYC for bounty?

It shouldnt really be there on the very first place because bounty hunters are not investors which would really need up to pass documentations.It might really have some advantages to limit
or block those cheaters or multi-accounts but it isnt really an appropriate thing to be mandated.

panpine

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There should exist kyc for bounty hunters because of minimizing the cheating of greedy bounty hunters and increasing fairness for bounty hunters.

jebul2

member

Activity: 555

Merit: 10

in my opinion, kyc is a scary thing for bounty hunters and is afraid that someone's identity can leak and be used for things that people don't want to be accounted for, and KYC is good at preventing some accounts from participating in prizes.

ciang huang

member

Activity: 630

Merit: 10

Quote from: withlove99 on September 16, 2018, 11:35:51 AM

Quote from: ciang huang on September 15, 2018, 09:16:24 AM

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

KYC accounts can limit cheat while participating bounty.
However KYC account there are also many risks as we may disclose information and bad people can use in the absence of good

but if it only reduces the multi-account participants it makes sense but what I'm worried about is my identity is afraid to be used with irresponsible people, and I agree with you.

ciang huang

member

Activity: 630

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Quote from: imamb on September 16, 2018, 12:26:13 PM

what are the benefits of kyc to store identity data and also reduce multi-account participants with caution? This will make the security of project developers confidential and as reinforcement for developers by bounty participants

therefore the Kyc program is only to reduce multi-account participants but as far as I know KYC is only needed for investors. but will give a lonely effect to the project that will be advertised for fear of using kyc.

Sony.UK

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Quote from: Xsinx on September 16, 2018, 02:31:16 PM

One reason, so they have more ID's that they can use for their Future ICO projects Cheesy

so if you undergo KYC in a bounty campaign you can expect your name to be used as a CEO for their future projects. Cheesy

It is kind of promotion and data collection work only goes if the bounty program goes with the KYC verification. In my view, non soft cap achieved projects are not worthy to share your KYC details. Finally you will not get the worthy tokens as well as for your participation.
This is goose bump after the ICO and bounty campaign ends.
So be careful before you participate the any form campaigns in this forum or other sites.

Xsinx

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One reason, so they have more ID's that they can use for their Future ICO projects Cheesy

so if you undergo KYC in a bounty campaign you can expect your name to be used as a CEO for their future projects. Cheesy

imamb

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what are the benefits of kyc to store identity data and also reduce multi-account participants with caution? This will make the security of project developers confidential and as reinforcement for developers by bounty participants

withlove99

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Quote from: ciang huang on September 15, 2018, 09:16:24 AM

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

KYC accounts can limit cheat while participating bounty.
However KYC account there are also many risks as we may disclose information and bad people can use in the absence of good

Topic: the benefits of kyc for bounty programs. - page 3. (Read 689 times)