Topic: Token distribution using KYC verification - page 8. (Read 931 times)
At the very beginning, I would like to say that this is very terrible, because the KYC process is very, very illegal, because this process violates anonymity in the network, violates your personal life.
I think the bounty thread needs to resist KYC data.
Because no one knows what these KYC data are used for, I think it's a very dangerous thing to give our KYC data.
Because no one knows what these KYC data are used for, I think it's a very dangerous thing to give our KYC data.
You right buddy , they should not ask the KYC for bounty hunter just to get some tokens / coins , KYC data is very confidential.
I don't think is unsafe, because of the vast number of applicant of each bounty, which time did they have to be checking on one's identity card after verification I don't think in any way this can be misuse.
I understand why they need KYC, but how to understand that they will not sell my personal data, also sometime they need too much personal data, one question - for what?
I think there is two sides by using KYC the positive and the negative side,in positive side they want to avoid if you have a multiple account in other side which the negative side they will know your Identity, and on that part they will easily hack you because you send your personal information already.Then if you hacked they will not explain or they don't know the real reason why you hacked or even the identity of the hacker they don't know also. It's so sad. 
Watch the ICO background, don't know it will safe or not, it depends on who's there and what's their project.
Be careful with your identity
Be careful with your identity
Noboby can tell you safe it or not. I use driver license. I think it is better then passport. Somebody use fake documents but I don't think it is good.
I think this has been done long enough, maybe a few months ago there was a kyc, and indeed we would have to attach our identity card in kyc, because if not, of course we will not be paid, our hard work will be in vain
This is not a new procedure many bounty have always requested for and as far as I know I don't think there is anything that is so spectacular about what they are asking for and how many people are they going to use their Identity card.
I think KYC shouldn’t for bounty hunter & if it is necessary then should be same for all campaign.
And it should be announce at the start of bounty not at the time of distribution, in this case it will be convenient for participant to take part in bounty or not.
And it should be announce at the start of bounty not at the time of distribution, in this case it will be convenient for participant to take part in bounty or not.
Asking a KYC certified bounty hunter will minimize the cheater and verify the identity of the original Token owner when the project is over. But verification of KYC can be taken advantage of, as many people can cheat and overtake it.
I think more and more ICO campaigns are implementing KYC for bounty to avoid double profiles, bots, etc. and I understand it.
Of course it's a risk because if the ICO fails or worse it's scam then you give personal data for free. Then my advice is to analyze the ICO, the team, the project and whitepaper before starts the KYC procedure.
Of course it's a risk because if the ICO fails or worse it's scam then you give personal data for free. Then my advice is to analyze the ICO, the team, the project and whitepaper before starts the KYC procedure.
several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe? could it be misused?
when I send my identity card is this safe? could it be misused?
I think it's safe so far. I already give my identity to some bounty to get his token. to be honest, that way will decrease some abusers which tried get token with cheaters.
several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe? could it be misused?
when I send my identity card is this safe? could it be misused?
There are no issue yet about that, i hope that there are no ICO SCAMMED that has to be deal with KYC because we are in mess by that time.
I just sent my KYC to some ICO and i am still safe now.
KYC or KNOW YOUR CUSTOMER is really scary.
I think it's going to be a mandatory part of most bounties in future so we have no choice but comply, just need to do be more cautious and do research about company and everything related to project before joining.
Exactly, projects that are big and strict in implementing their rules and regulations most likely ask for a KYC verification before starting and end of the campaign, you can make a second thought before giving your personal data or personal identification card as long as you know the purpose and benefits 
If I have to go through the identification procedure, I always send a photo of the driver's license, I think it is much safer.
I think its good decision.
Because people using multiple account nowadays. So, it is a great system for real bounty hunters.
I think its safe, because project development manager not a terrorist or others from my thinking. So it is safe.
People who used multiple account, I think he will not work for kyc. Then real bounty worker will work any project.
Because people using multiple account nowadays. So, it is a great system for real bounty hunters.
I think its safe, because project development manager not a terrorist or others from my thinking. So it is safe.
People who used multiple account, I think he will not work for kyc. Then real bounty worker will work any project.
I think it's going to be a mandatory part of most bounties in future so we have no choice but comply, just need to do be more cautious and do research about company and everything related to project before joining.
Exactly, projects that are big and strict in implementing their rules and regulations most likely ask for a KYC verification before starting and end of the campaign, you can make a second thought before giving your personal data or personal identification card as long as you know the purpose and benefits
ICO projects currently have 80% of SCAM, so there is no guarantee of data safety. If they encounter bad ICO they claim KYC, the KYC data is easy to be exploited. That's dangerous!
In my opinion KYC is not that secured because it requires your personal data/information which may use for bad but it is also good to implement KYC to verify that the person who joined to the ICO is true and not an alien.
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