Topic: Why Bounty Hunters Hate KYC !!! - page 27. (Read 93906 times)
I joined several times bounty with the condition that must pass through KYC, and unfortunately until now I have not received a payment or is not yet available on the market, this is what makes me hate joining bounties or airdrops with KYC terms.
It has often happened that every ICO that uses KYC has a number of projects which apparently do not provide tokens. And bounty hunters have graduated in conducting KYC but until now they have not received tokens. And the value of tokens for bounty hunters is also uncertain so many people are disappointed with KYC procedures.
I don't think bounty hunters are against KYC!
I think it's the other way around. As a former bounty hunter, I'm 100% in favor of KYC!!! I lost too many for fake accounts.
Of course, it's always a bit scary to give your personal data to an unknown entity, that could be proven as scammer.
That is the main reason why some people are against.
I’m in favor of transparency and banning scammer/account farmers.
I think it's the other way around. As a former bounty hunter, I'm 100% in favor of KYC!!! I lost too many for fake accounts.
Of course, it's always a bit scary to give your personal data to an unknown entity, that could be proven as scammer.
That is the main reason why some people are against.
I’m in favor of transparency and banning scammer/account farmers.
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 ..
Bounty hunters does not really hate kyc, they just don't want their identity to be traced or hacked. Nowadays many are using other identities to spam on bounty campaigns, that's why some ico requires 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 ..
For me, I'm not against on that kind of procedure ( just to make sure that the project is worthy and willing to pay me a good quantity reward tokens ), for the reason of my privacy measurement. Also, I don't have a multiple account.. so I don't have a problem on bounty farming style which is the main reason why some of us ( bounty hunters ) hate this kind of KYC/AML, because it's against the usual rule " No multiple account allowed" in every bounty rules specially in signature campaign and etc. Also, KYC required a sort of ID and supportive documents, which sometimes we don't have on random speculation of time.
There is nothing wrong with Kyc, but I don't like it because identity is very important, there is no legal guarantee
if there is an abuse of identity that we provide, this is very risky especially when there are so many project frauds.
if there is an abuse of identity that we provide, this is very risky especially when there are so many project frauds.
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 ..
There are a lot of multi-accounts in bounty campaigns. KYC helps to get rid of multi-accounts, so there are so few participants in the bounty supporting KYC.
I think it helps to minimize the level of cheating in an ICO or bounty project although other factors such as the disclosure of personal identity details to an unknown person cannot be over looked.
Yeah, most of the bounty hunters feel uncomfortable by spreading their identity in this social world. Well, thinking like that is totally fine and nothing wrong. I'm one of the bounty hunter and always take care with KYC. I mean, i always perform KYC to reliable and trusted project which has some good reputation and there project is going fine. So it makes me riskless!
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 is a measure to determine the legal users and participants of a certain project, for some reason many bounty hunters use spam accounts to gather more coins and tokens, maybe this is the reason why they hate KYC, but in my case, i am in favor of KYC because i am a legal participant and in order for me to show my real identity, but we could not force anyone to show their identity and for safety reason.
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 ..
Bounty hunters are not the only ones that want to avoid KYC, bitcoin was created as a way to make us free of the regulations of banks, so from a technical point of view no one needs to know your real identity but those icos are probably being pressured by the governments to perform those checks, and while it is their right to put those policies in place then it is the right of each person to refuse to follow those policies if they are not comfortable revealing that information.
You just have to be victim to understand the main reason behind this, imagain you worked for a whole good two months for a project who planned not to do kyc at first and later introduced it in the die minutes and you accepted to do the kyc and again found out that your ID could not be qualified. You will also have enough reasons why the hate is real.
because according to me is an invasive practice of privacy once they are put on the internet the documents remain there forever, then give the documents in hand to a newly born company, to strangers/unknown people, then one of the objectives of the crypto was anonymity
From what I have seen so far, not all ICO projects are good and some are scam so bounty hunters do not always want to expose their personal data.
Also the KYC process of some projects are not transparent and sometimes people's KYC get rejected on unknown grounds which means bounty hunters loose months or weeks of work.
I prefer bounties with no kyc
Also the KYC process of some projects are not transparent and sometimes people's KYC get rejected on unknown grounds which means bounty hunters loose months or weeks of work.
I prefer bounties with no kyc
In my experience, most of it does not like due to the fact that participants violate the rules and want to earn as much money , and when you enter the kyc, many do not pass
I believe that bounty hunters hate KYC for the fact that anonymity becomes impossible. Many do not like KYC due to the fact that your personal data is in danger. Some projects introduce it to not pay.
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 ..
Are you kidding? To live off Bounty you need to engage in 50-100 projects simultaneously, and, no doubt, there'll be fraudsters who will ask your KYC and sell passports. E.g. datablockchain which seemed honest from the first sight!
First of all, it is not very pleasant that you have to send images of your personal documents to use by unknown people. Secondly, as it seems to me, many bounty hunters are fond of maintaining multi-accounts. And when, at the end of the bounty, they are told that they need to go through KYC, they are very angry.
Yes, the KYC process will definitely limit the act of people spamming the project bounty because we have had some situation where a bounty hunters spam a project about $5000 through multiple account but the KYC will totally stop spamming of bounties because we people on this thread which also offer ID for KYC process either. With that been said, I dont see any reason why bounty hunters have to do KYC since the KYC was implement for crypto investors to avoid AML in the first place.
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 ..
Not everyone likes to hand out their documents. Moreover, if the project does not inspire confidence and your data go to someone it is not clear. Yes, and payment of works, leaves much to be desired.
It could get stressful and the most bounty hunters cant keep up with the process and lose out in the end and besides thats giving out out privacy too so cheaply and might not get so much to worth it. Sometimes i do not find it so necessary
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