Why Bounty Hunters Hate KYC !!! - page 22.

Maknae09

jr. member

Activity: 196

Merit: 1

Ternion | Hybrid Crypto Exchange with fiat gateway

Quote from: bp124 on January 17, 2019, 03:39:03 AM

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 ..

Me, being a bounty hunter doesn't really hate KYC process as it sole purpose is to verify and follow the jurisdiction of a certain country. Obey its law and respect the country itself. But if the project is not that promising, I rather not join it.

futuristishe

full member

Activity: 420

Merit: 100

Because it's a loss of anonymity! Many do not want to reveal their anonymity. KYC also gives the crooks to enter multiple bounty. Sometimes it is difficult to pass KYC, because of inaccurate information. I THINK that KYC all are it is certainly correct, but many do not like.

trash321

full member

Activity: 602

Merit: 100

The opinions of people in general are correct and I support this position, because I also confidently believe that now you need to be against KYC because there should be anonymity in the network otherwise there will be no way, so I hope that people wake up and stop giving their documents.

thesmallgod

full member

Activity: 1498

Merit: 129

Quote from: tranquangvinh on January 21, 2019, 09:38:54 AM

I think KYC is not too troublesome if the project is good and potential, we just need to take some time to do KYC but I still don't understand why we need to do it because we are not investors?

Some projects are located in a country that requires KYC for everyone holding the token so if you have received token through digital marketing then you will need to pass through KYC verification. Although it is a plus for project owners because its reduce the number of token to be distributed among the bounty hunters. However, some project are now keeping passive about kyc during the period of bounty campaign but when the campaign end and they see that amount allocated for bounty might be very huge, they will introduce the KyC

Levyathan

jr. member

Activity: 434

Merit: 1

No. The people who leave bounty is the people who usually abuse the bounty. They cannot abuse the bounty because it has KYC verification before they can join.

debby070

copper member

Activity: 140

Merit: 0

www.codex.one

Quote from: bp124 on January 17, 2019, 03:39:03 AM

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 ..

KYC gives them and imparts some sense of a danger to their security that's why they don't like it. But other reason might be that KYC is an ease for them to do, they might have difficulty on acquiring some valid identity.

kalstarzz

full member

Activity: 770

Merit: 100

I hate Kyc with some reasons, anonymus does not apply when we have to fill in the KYC, then the projects that we follow do not necessarily give fees that are in accordance with the KYC we give.

thesmallgod

full member

Activity: 1498

Merit: 129

there are many reasons for this but you should not generalize that hunters hate KYC. there are hunters that do not hate it. One common reason why many hunters hate KYC is that of the safety of their document with such project. There are many cases of fake document being sold on the internet and for this reason, some do not want to give out their document for faceless people. Secondly, it is because of some that have many alt accounts. It is not new that many hunters want to cheat by using multiple accounts to receive a large share of token but since KYC will reveal the secret then they will not like to join such project

tranquangvinh

full member

Activity: 546

Merit: 100

I think KYC is not too troublesome if the project is good and potential, we just need to take some time to do KYC but I still don't understand why we need to do it because we are not investors?

burky155

member

Activity: 532

Merit: 12

Know Your Customer procedure is one of the biggest problem for all bounty hunters i believe. But most of the bounty programs admins would tell the hunters about the KYC thing at the end of the campaign, because not many people would join it if they tell us before we join. Also i think that the KYC procedure should not for bounty hunters, it should for the big buyers and traders.

Prettymie

full member

Activity: 406

Merit: 100

Quote from: bp124 on January 17, 2019, 03:39:03 AM

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 ..

I don't understand why those bounty hunters should undergo KYC just to claim small amount of token. KYC should only needed for those investors who invest more than $1k but those dev and the bounty managers force us to conduct KYC. It's unfair that we need to give our identity for just small amount of money and its danger if they will not place our data in a secure area as this might be use in the black market

odranoel

member

Activity: 602

Merit: 10

Well for me i never hate KYC since i have this, but of course if may to choose i would love to prefer bounty without KYC, simply because it is easier than it has. That's why many bounty hunters hate KYC because it is just an additional work to do as a bounty hunter.

cyberdg

full member

Activity: 776

Merit: 146

In my opinion, spammer who the most people hate the KYC. I am sure those who are honest with just one account must be the usual response.

S[m]OKE

member

Activity: 252

Merit: 10

They do not want to, because the KYC process itself does not guarantee that the project is worthy, and he is waiting for a successful future.

reza7777

sr. member

Activity: 1414

Merit: 255

Yes maybe most bounty hunters don't want to have their identities given to unknown people but if I'm private it doesn't matter to do KYC, and some join bounties who have to do KYC, and that looks fine, I'm not looking at projects have KYC procedures but I see the concept of project, if the project has good prospects in the future, I'll continue to join even if I've to do KYC Cool

macshad

jr. member

Activity: 280

Merit: 2

I think everyone is just been protective of the identity and personal information, most of all this ico asking for kyc ( know your client ) just use it to steal personal information from bounty hunters and most times the bounty rewards doesn't really justify putting your personal information out there, am one of the people that see kyc and turn away

Tylev

full member

Activity: 854

Merit: 104

Quote from: bp124 on January 17, 2019, 03:39:03 AM

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 ..

On another topic, information that Darkweb traded on our data with KYC checks of ten dollars per one hundred just passed. Given the high level of fraud among ICO projects, we deliberately transfer our personal confidential data and copies of our documents directly to fraudsters.
In addition, after the end of the ICO, we have to search for information about when and how to pass the KYC test for several months and we lose a lot of time and nerves.

repear7

full member

Activity: 1026

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Need Bounty manager ? Contact @repear71

Quote from: bp124 on January 17, 2019, 03:39:03 AM

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 ..

Everyone should begin to care about the security of their data, not to mention bounty hunters, I recently read in this forum about theft and sales of personal data, even they put advertisements on dark web, this is a serious problem

https://bitcointalksearch.org/topic/a-kyc-database-sold-on-the-darkweb-5099937

Little Mouse

legendary

Activity: 2156

Merit: 2100

Marketing Campaign Manager |Telegram ID- @LT_Mouse

Because bounty hunters like us do not want to reveal our identity to some person who we do not know. They can harm us if they get our identity. Why should we given our identity then. Also, in some countries, cryotocurrency are not legal.

Sys.mrp

newbie

Activity: 14

Merit: 0

Bounty hunters do not like KYC because in most cases this is a common fraud, sometime they are forced required to provide their documents, but fraudsters use them for their own gain or to sell. None of the participants of the bounty likes to disclose his anonymity because it is his right.

Topic: Why Bounty Hunters Hate KYC !!! - page 22. (Read 93906 times)