Topic: Why a lot of bounty hunters dislike KYC ? - page 2. (Read 1098 times)
KYC is used to find out the identity of a person and I think it no needs to be used for a bounty hunter because for what find out about the identity of a bounty hunter? while investors more need KYC than bounty hunters. I think KYC does not need to be done for bounty hunters, investors are more important to implement KYC.
Because they scared to take their identity and use it to scam the others. That's why some of bounty hunter ask first if the campaign have KYC. But now a day's I think bounty hunter is immune in this because lot of project now have a KYC before we get a reward.
A lot of bounty hunters ask the bounty manager and the team of the project if kyc needed or not.
Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
Because even most of them have filled KYC requirements and they can get nothing as per the result of their works. In fact that KYC needs a lot of requirements and sometimes there was a chance to the project that they have already participated to become a scam project and this will put their data on the risk. Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
project selection on initial phase wont guarantee of success.You might succeed to earn tokens without KYC but you can possibly earn trash tokens.For now
KYC requirement do signify legitimacy but not all because there are lots of scams do exist.
too complicated, I guess it shouldn't be complicated. Kyc requires an old process and the data sent does not get a security guarantee.
this is the reason for the majority, besides that KYC is easily faked.
this is the reason for the majority, besides that KYC is easily faked.
Because they don't invest anything and often companies don't pay for bounty hunter work. It's unfair system, because most part bounty hunter have a small profits or nothing. I hate ICO's making everything to not pay bounty.
because sometimes the KYC is requested after the ICO project succeeds not at the beginning of the ICO but at the end of the ICO.
and what is certain is that the person who does not complete KYC will usually not be paid by the project.
sometimes as a bounty hunter we don't really see how the project develops and how the process is distributed.
sometimes it also became an unwelcome conversation, because some people did not prepare it, and some ICOs did not provide the conditions when the ICO began. well, because of that, many people don't like it very much, even though that is a natural thing.and what is certain is that the person who does not complete KYC will usually not be paid by the project.
sometimes as a bounty hunter we don't really see how the project develops and how the process is distributed.
because sometimes the KYC is requested after the ICO project succeeds not at the beginning of the ICO but at the end of the ICO.
and what is certain is that the person who does not complete KYC will usually not be paid by the project.
sometimes as a bounty hunter we don't really see how the project develops and how the process is distributed.
sometimes it also became an unwelcome conversation, because some people did not prepare it, and some ICOs did not provide the conditions when the ICO began. well, because of that, many people don't like it very much, even though that is a natural thing. and what is certain is that the person who does not complete KYC will usually not be paid by the project.
sometimes as a bounty hunter we don't really see how the project develops and how the process is distributed.
Because of their identity, their identity reveals after the KYC. They know very well about how does the scammers will make the bad use of that profiles. That's the reason behind on the bounty hunters hate on KYC.
It's well known in the internet that you shouldn't trust anyone with your identifications. It's popular that there's identity theft that can happen even with the legit projects. It's also a wide market that companies are doing.They have database for those ID's and they can do anything with it such as selling, keeping and using for other things. And the worst is to get involved with a shady activity using your ID.
because sometimes the KYC is requested after the ICO project succeeds not at the beginning of the ICO but at the end of the ICO.
and what is certain is that the person who does not complete KYC will usually not be paid by the project.
sometimes as a bounty hunter we don't really see how the project develops and how the process is distributed.
and what is certain is that the person who does not complete KYC will usually not be paid by the project.
sometimes as a bounty hunter we don't really see how the project develops and how the process is distributed.
A lot of bounty hunters ask the bounty manager and the team of the project if kyc needed or not.
Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
Because even most of them have filled KYC requirements and they can get nothing as per the result of their works. In fact that KYC needs a lot of requirements and sometimes there was a chance to the project that they have already participated to become a scam project and this will put their data on the risk. Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
Because of their identity, their identity reveals after the KYC. They know very well about how does the scammers will make the bad use of that profiles. That's the reason behind on the bounty hunters hate on KYC.
Why do they hate it? Actually there are two reasons why bounty hunters dislike if the project requires user a KYC document.
1. They have multiple accounts in bitcointalk forum and if they were asked to submit KYC documents they will be caught in joining the campaign with multiple accounts.
2. KYC stands for "Know Your Customer" It was used to investors to know their credibility as an investor and to do a background check to avoid money laundering and other illegal works that's why It shouldn't be asking in joining the bounty campaign since the users who joined from it are just promoters of the project.
If some campaign is asking for a KYC documents they only have 2 reasons:
1. To get your personal data
2. To avoid cheater/abuser users in the bitcointalk forum
1. They have multiple accounts in bitcointalk forum and if they were asked to submit KYC documents they will be caught in joining the campaign with multiple accounts.
2. KYC stands for "Know Your Customer" It was used to investors to know their credibility as an investor and to do a background check to avoid money laundering and other illegal works that's why It shouldn't be asking in joining the bounty campaign since the users who joined from it are just promoters of the project.
If some campaign is asking for a KYC documents they only have 2 reasons:
1. To get your personal data
2. To avoid cheater/abuser users in the bitcointalk forum
Maybe because of trust issue as many people online are scammers or just gathering data of someone to use it in something else. Of course you will think twice to give your info online to those person whom who only knew for a few months.
I really hate the existence of KYC because this notification is sometimes very sudden if the bounty I follow must use Kyc to receive tokens or coins, all identities are afraid to be used by irresponsible people who use our personal data
Is because they are afraid to use their identity by many scammers in the crypto world, because mostly scammer want to hide their own identity so they use other identification to hide their own identification.
There is no objection if the project is good but the problem is with the fake project who is asking for KYC because whether they will misuse our identity. So we have to be very careful with ICO, before joining any bounty we have to verify them in either way whether they are legit or not.
Most cryptocurrency users has been comfortable with their anonymity, they use cryptocurrency to obtain additional income or source income without being known by others. In addition, if they give their identity to an exchange or another, it is highly probable that their identity will be seen by others, especially the government, which will provide good regulation for cryptocurrency users on the condition that each user must pay taxes.
It's just hard to adopt something that requires risking our identity, so we better make sure that what were giving our identities with our with legit any legal companies having right process. 
Most cryptocurrency users has been comfortable with their anonymity, they use cryptocurrency to obtain additional income or source income without being known by others. In addition, if they give their identity to an exchange or another, it is highly probable that their identity will be seen by others, especially the government, which will provide good regulation for cryptocurrency users on the condition that each user must pay taxes.
A lot of bounty hunters ask the bounty manager and the team of the project if kyc needed or not.
Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
KYC implementation is part of self regulation, In bounties technically most projects are doing this to prevent cheaters from taking advantage. I am pro regulation so definitely KYC is not an issue to me, unless I found out that the project is sketchy or malicious then I will not send my personal information but only the one that are legit. Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
Because many of the bounty hunters want to deceive the project and seek out their benefits. it's just that many people create for themselves several accounts on different social networks and create different content in order to get more funds
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