Topic: Why Bounty Hunters Hate KYC !!! - page 30. (Read 93906 times)
The matter maybe true. I think bounty hunters do not like KYC as they may use multiple accounts to amass a huge amount of free tokens. Another reason maybe they find it hassles to create account and go through KYC process. But I think KYC is actually good for all, investors and project owners. It prevent scams and provide to some extent investment security.
The main factor is because they do not want to easily give his personal identity. And other factors because they cheat. But personally sometimes I hate because the reward really small but give difficult terms of kyc. If it is I find better I do not take the reward but if the token worth it i will do anything to take what i deserve.
Simply because it is hard to register, eapecially if the bounty hunter doesn't have a government i.d. and in that case the bounty hunter without any identification to show cannot get his rewards, and his time and effort be wasted only. That's why bounty hunters hates kyc.
Usually when when people see promising projects they try to do their best even it can do using bot accounts. Even if there is KYC asking lot of them manage it using other methods. But there are some poor project that are asking KYC even if they don't have better plan for the future. In that kind of situations bounty hunters run away mostly.
I don't like KYC too because I don't want to give my personal data to the new project that may appear to be scam.
Maybe the process it takes to get KYC and to be honest most might not have an identity or they just dont feel like revealing their identity for just 50$ or so Most bounty hunter just forfeit the chance once there is KYC involved in the process
There is nothing wrong with Kyc because this will help the process of verification to find out whether they are fake or not. this is great for reducing thieves in the bounty
I don't hate it, because I am an honest bounty hunter.
There is nothing to fear about KYC, although there are concerns about data security so far there have been no cases or bad facts about data security.
so, there is no problem.
There is nothing to fear about KYC, although there are concerns about data security so far there have been no cases or bad facts about data security.
so, there is no problem.
if i just a bounty hunter, i don't want to give my identity to any projects. it would be bad and it has a high risk. maybe the project will become a scam projects and use our documents for a bad activities. i'm better choose the other project that don't need a KYC for bounties.
Why would you give your identity to anonymous projects if you are doing an airdrop or a bounty for some $.
Those who do not want to give their identity can chose from plenty of projects which do not ask for KYC.
KYC is a must to be done only for STOs.
Those who do not want to give their identity can chose from plenty of projects which do not ask for KYC.
KYC is a must to be done only for STOs.
Let me share my experience, most of the bounties I have participated in that require KYC did not pay me. They will give an excuse that your documents did not match what they expect, some even turn out to be scam. So it means they will take your information for nothing... That's y most bounty hunters run away from KYC.
DO you think it makes sense to have a token of $5 and undergo KYC to collect that information, the rate fo abuse by some of these developers is very high, I observed personally that after I joined some KYC in ICO, I discovered that the level of spam ICO investment ICO that I received in my mail box increaed signifiant
Even me I don't want KYC for the promoting project I don't want to spread my identity specially if you didn't know that project was scam and and they are using your identity to the other project because I've also experience that so that is why I don't like also the KYC. They want to protect and secure their privacy and their I dentity.
We cant blame the bounty hunters for hating KYC because they all believe there no reason for them to do the KYC since they are not an investors but the adverstiser of the project and most of the bounty hunters believed some of the project owners abuse the KYC/AML act in someways. However, there alot of statement which were made about KYC data linkage.
Obviously, most bounty hunters hate revealing their identities and they take care of their privacy. The most important feature of cryptocurrencies generally is the anonymity so it is not the case when you are obliged to complete a KYC in order to get your bounty rewards.
i think, the are too afraid if their information misused by other people. some people say if no information about people that use crypto, is saver than if someone put their data information on crypto. but im sure, if all of country accept and tradable in every market, it need kyc to keep save. for government or people
Kyc itself is not a bad thing but the way the devs and bounty managers are using it is inimical to the original idea of Kyc itself, bounty hunters need to verify every project before joining in order to avoid cheating in bounty by aid of 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 are of course joining campaigns with bot account... and also the reward given are sometimes not worth giving my personal details for 
Exactly, I have the same question. Mostly all ours identies are in the web. All corporations are selling our data. I think mostly bounty hunters are afraid to send their documents to scam projects.
There are 2 main reasons.
1- Some bounty-hunters value their identity, but I think if you agreed to work with someone you should be okay sending them your BASIC information and if you think they are scammers then simply do not join them.
2- This is the real reason which is most Bounty-hunters are only farms of multi-accounting people so basically they hate KYC because they can't really pass it because they are cheaters. I audited a lot of spreadsheets before and the number of multi-account cheaters is crazy.
A basic KYC is okay and should not get anyone worry. And I see some Bounties started to apply basic KYC instead of Full KYC procedures.
1- Some bounty-hunters value their identity, but I think if you agreed to work with someone you should be okay sending them your BASIC information and if you think they are scammers then simply do not join them.
2- This is the real reason which is most Bounty-hunters are only farms of multi-accounting people so basically they hate KYC because they can't really pass it because they are cheaters. I audited a lot of spreadsheets before and the number of multi-account cheaters is crazy.
A basic KYC is okay and should not get anyone worry. And I see some Bounties started to apply basic KYC instead of Full KYC procedures.
I agree, leaving your documents exposes you also to the risk that they arrive in the hands of criminals, so in order to be used for criminal purposes. it is often not easy to understand the real intentions of a project: is it scam or not scam?
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