Noone needs your personal info. Why do they? There are no reasons. There are no legal reasons they just making stuff up. They just want to sell or exploit your info. Honestly if you willing to risk your own safety giving your personal info to a stranger then you are an idiot.
The government even warns you not to give your personal info online.
KYC has nothing to do with being legit. People open fake bank accounts every day and people use their actual bank account to steal from others and that can go on for a long time all they need to do is change banks.
Even investors shouldn't give their KYC. What the hell, you ask me for money to invest in your project and you want to know exactly who I am??? No gonna happen. So now you risk your money and your personal info.
Not very clever.
KYC is ment to be handled by official websites, not just anyone. Even then I'm not sure I would trust it.
Topic: Why Bounty Hunters Hate KYC !!! (Read 93906 times)
because I am a bounty hunter, I think maybe the reason for securing a personal identity / they are lazy to do it because what they get from the bounty is little or no profit according to him by exchanging personal data.
not all of KYC are scary because the requirements are easy but sometimes a participant does not get paid just because they are rejected and of course this is very sad after they finish doing the work, one of the reasons feared may be because the data sent can be misused by others and of course this very dangerous for the data owner
Do you still want to pass your kyc even if your only getting 20$? I will only pass my kyc if im sure that the project is good, not like the other campaigns that when bounty is distributed , team also gone.
not all of KYC are scary because the requirements are easy but sometimes a participant does not get paid just because they are rejected and of course this is very sad after they finish doing the work, one of the reasons feared may be because the data sent can be misused by others and of course this very dangerous for the data owner
Do you still want to pass your kyc even if your only getting 20$? I will only pass my kyc if im sure that the project is good, not like the other campaigns that when bounty is distributed , team also gone.What i know, KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many Hunter run away ! Why? Is it because people don't want review their identity for security reason or people are joining campaign with bot software ..
most of them didnt want their identity spreaded.moreover just for reward that the value still uncertain.privacy more important for them maybe.but if there is another reason i dont know about it.That's correct also it seems they need some secure for their self. Because lot of bounty getting scam and maybe they using other accounts who fill an kyc to make they a scammers of their project.
Yes, you are right we can't believe anybody to submit our documents as long as if they don't use our identity for the different purpose it will not harm us, I think there are many others to verify our identities without submitting the documents.
not all company/projects are scam but there are still few that are legit and you should not be afraid to share your kyc with them because kyc is for your own good and for thier own good also . kyc is like a law to make them legal and also to make you legal . kyc is mainly required when investing on an ico and also on trading sites but there are some require kyc before withdrawals on a gambling site . its rare to see kyc and i think its not appropriate at all to do a kyc on a bounty campaign because there are no money or crypto involved on a bounty . that should be the reason on why bounty hunters hate kyc .
What i know, KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many Hunter run away ! Why? Is it because people don't want review their identity for security reason or people are joining campaign with bot software ..
most of them didnt want their identity spreaded.moreover just for reward that the value still uncertain.privacy more important for them maybe.but if there is another reason i dont know about it.That's correct also it seems they need some secure for their self. Because lot of bounty getting scam and maybe they using other accounts who fill an kyc to make they a scammers of their project.
Yes, you are right we can't believe anybody to submit our documents as long as if they don't use our identity for the different purpose it will not harm us, I think there are many others to verify our identities without submitting the documents.
What i know, KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many Hunter run away ! Why? Is it because people don't want review their identity for security reason or people are joining campaign with bot software ..
most of them didnt want their identity spreaded.moreover just for reward that the value still uncertain.privacy more important for them maybe.but if there is another reason i dont know about it.That's correct also it seems they need some secure for their self. Because lot of bounty getting scam and maybe they using other accounts who fill an kyc to make they a scammers of their project.
Lots of news about KYC abuse for illegal trade activities and terrorism. This is an excuse to leave KYC, I do it on a safe web and guarantee security.
I would say kyc is necessary in some condition to avoid misuse of bounty like social media campaign as it has lot of bots account.So kyc should be specific to some campaign only not all and if no kyc in social media campaign then social account should be checked whether it is active on daily basis and legit.I think the most important thing is limited participant rule, bounty program should have limited participant which will highly decrease the chance of bots account as individual account can be checked by bounty manager. Crypto is popular because of its volatile nature and anonymity so it is obvious that kyc would be avoided.
not all of KYC are scary because the requirements are easy but sometimes a participant does not get paid just because they are rejected and of course this is very sad after they finish doing the work, one of the reasons feared may be because the data sent can be misused by others and of course this very dangerous for the data owner
Do you still want to pass your kyc even if your only getting 20$? I will only pass my kyc if im sure that the project is good, not like the other campaigns that when bounty is distributed , team also gone. not all of KYC are scary because the requirements are easy but sometimes a participant does not get paid just because they are rejected and of course this is very sad after they finish doing the work, one of the reasons feared may be because the data sent can be misused by others and of course this very dangerous for the data owner
Bounty people are afraid to submit their documents to companies because whether companies are using their documents in right or not we don't know. COmpanies are collecting the documents only because in order to eliminate the fraudulent people. Some people don't have documents to submit in this way, they don't want to share their documents. Many reasons behind KYC hating.
From my point of view, some hunters don't have the right documents to do kyc so such hunters don't feel comfortable whenever kyc is required in a campaign,
On the other hand, hunters don't feel the need to provide kyc to receive reward that don't worth much or that won't worth anything in most cases, because some project ended up been valueless or not get listed at all, then your kyc is for nothing,
Another reason is doing kyc but not getting payed because the project owner's just tricked you into submitting your personal information yet they refuse to pay, but they are already in hold of your personal information (i have such experience with a project i campaign for)
Even the project owners are not transparent in their dealings yet they request for kyc from hunters who are just working to get paid, not investing.
On the other hand, hunters don't feel the need to provide kyc to receive reward that don't worth much or that won't worth anything in most cases, because some project ended up been valueless or not get listed at all, then your kyc is for nothing,
Another reason is doing kyc but not getting payed because the project owner's just tricked you into submitting your personal information yet they refuse to pay, but they are already in hold of your personal information (i have such experience with a project i campaign for)
Even the project owners are not transparent in their dealings yet they request for kyc from hunters who are just working to get paid, not investing.
not all of KYC are scary because the requirements are easy but sometimes a participant does not get paid just because they are rejected and of course this is very sad after they finish doing the work, one of the reasons feared may be because the data sent can be misused by others and of course this very dangerous for the data owner
Hey guys, I suggest you take part in the steep bounty from the Gexan project! Bounty does not require registration KYC.
Just like another shit bounty from my side, even though we didn't do KYC.There are different reasons why Bounty hunter hates KYC verifications, some hate it because of it stressful process, some because they come from a country which might not be eligible to get the tokens and some hate because they do not want to give out their vital informations to strangers on the internet.
I'm with your last opinion. I don't give a damn for any of ICOs to risk my private information, who knows they will running away even after we gave them our information?
There are different reasons why Bounty hunter hates KYC verifications, some hate it because of it stressful process, some because they come from a country which might not be eligible to get the tokens and some hate because they do not want to give out their vital informations to strangers on the internet.
Hey guys, I suggest you take part in the steep bounty from the Gexan project! Bounty does not require registration KYC.
ANN-thread: https://bitcointalksearch.org/topic/annaieo-gexan-blockchain-lottery-powposmnasmart-contracts-5136520
Web-wallet Gexan: http://lottery.gexan.io/
Web-site: http://gexan.io/
ANN-thread: https://bitcointalksearch.org/topic/annaieo-gexan-blockchain-lottery-powposmnasmart-contracts-5136520
Web-wallet Gexan: http://lottery.gexan.io/
Web-site: http://gexan.io/
KYC is only for investors. In my own opinion, but if it is bounty, Hunter must use it. I agree. If the regulation must be eliminated.
the effect of kyc if in my opinion there is good and bad, kyc can reduce multiple account participants who follow the bounty but there is also a bad thing that is our personal identity can be misused by irresponsible people. KYC is only for investors.
KYC is a matter of laws ....
but until the ppl doesnt request anything similar from whoever they invest money
everyday will grow up the next stupd wanker ..
lets face the reality... ^^
ico`s arent trustful until even the janitor post some selfie while sitting with his ID card
next to the person who collect the money
but until the ppl doesnt request anything similar from whoever they invest money
everyday will grow up the next stupd wanker ..
lets face the reality... ^^
ico`s arent trustful until even the janitor post some selfie while sitting with his ID card
next to the person who collect the money
That's the struggle of bounty hunters. There are trying to avoid Kyc but some projects would announce about it right after the Ico where bounty hunters have done their part. It invades the privacy and private information of every bounty hunters which is too unfair because they're required to do it just to get the rewards that they have worked for.
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