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.
Topic: the benefits of kyc for bounty programs. - page 4. (Read 705 times)
there are none. it's not worth to give your identity up for $2 in crypto.
the benefits of KYC are usually used for personal data that will be used to secure from irresponsible parties (multi accounts). there are some countries that are not allowed to follow it.
but I am still confused about the KYC that is obliged to accept the token and sometimes there are some countries that are not allowed to take part in the bounty whether the countries that are not allowed to participate in the bounty will have an effect on price competition.
the benefits of KYC are usually used for personal data that will be used to secure from irresponsible parties (multi accounts). there are some countries that are not allowed to follow it.
There is only one possible benefit and you already mentioned it - multi acc reduction.
But overall there is no benefits.
KYC for bounty hunters should not exist, bounty hunters are not investors.
Even if the project wants to be bullet proof if for example their tokens are defined as securities, they should use proper KYC company which can be tusted with your data.
When a company is doing KYC on their own webpage , this is just completely absurd.
One of outrageous examples is Aitheon, which asked for KYC even for Airdop on their own not secure webpage, just madness.
But overall there is no benefits.
KYC for bounty hunters should not exist, bounty hunters are not investors.
Even if the project wants to be bullet proof if for example their tokens are defined as securities, they should use proper KYC company which can be tusted with your data.
When a company is doing KYC on their own webpage , this is just completely absurd.
One of outrageous examples is Aitheon, which asked for KYC even for Airdop on their own not secure webpage, just madness.
I agree with your opinion, bro, if the bounty uses kyc for the terms of receiving tokens or coins, it doesn't exist and as far as I know, it's only for investors, I give thanks to all of you who have given advice.
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
Don't participate on the bounties if they need KYC for receiving your tokens because these kind of bounties can record all your KYC documents and will sell them for good rates which can be used for the criminal activities too so if you concern about your privacy and security don't reveal your documents for some bucks.But the only benefit is that you may receive high reward when multi account were restricted but it also has it own advantage that your success rate of that project will get reduced as well when less people promoting it.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
of course, every bounty is wearing kyc and some are not wearing kyc. From the beginning I didn't know that the bounty had to use kyc, bro, I was afraid that my identity would be used by irresponsible people. if your suggestion is correct but I don't know that the bounty must use kyc
As Thanasis wrote. There is no reason to divulge the data. There is only a significant risk that this date will be used for something else.
Greed makes people careless. Do not be greedy and always think twice about who gets what.
Greed makes people careless. Do not be greedy and always think twice about who gets what.
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
Don't participate on the bounties if they need KYC for receiving your tokens because these kind of bounties can record all your KYC documents and will sell them for good rates which can be used for the criminal activities too so if you concern about your privacy and security don't reveal your documents for some bucks.But the only benefit is that you may receive high reward when multi account were restricted but it also has it own advantage that your success rate of that project will get reduced as well when less people promoting it. 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
There is only one possible benefit and you already mentioned it - multi acc reduction.
But overall there is no benefits.
KYC for bounty hunters should not exist, bounty hunters are not investors.
Even if the project wants to be bullet proof if for example their tokens are defined as securities, they should use proper KYC company which can be tusted with your data.
When a company is doing KYC on their own webpage , this is just completely absurd.
One of outrageous examples is Aitheon, which asked for KYC even for Airdop on their own not secure webpage, just madness.
But overall there is no benefits.
KYC for bounty hunters should not exist, bounty hunters are not investors.
Even if the project wants to be bullet proof if for example their tokens are defined as securities, they should use proper KYC company which can be tusted with your data.
When a company is doing KYC on their own webpage , this is just completely absurd.
One of outrageous examples is Aitheon, which asked for KYC even for Airdop on their own not secure webpage, just madness.
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
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
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