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Topic: Why Bounty Hunters Hate KYC !!! - page 32. (Read 93906 times)

jr. member
Activity: 280
Merit: 2
January 17, 2019, 01:50:49 PM
I can understand bounty hunters because they usually complain this issue, when there was no bounty campaign announced and after the end of the token sale, the team members suddenly announce a KYC process for bounty participants.
hero member
Activity: 1708
Merit: 651
SmartFi - EARN, LEND & TRADE
January 17, 2019, 01:50:24 PM
I think the root cause is that a huge number of bounty hunters are multi-accounts, and for them it is very painful to pass identification.
The second reason is the rotten ICO market, honest hunters fear that their documents will fall into the wrong hands.
copper member
Activity: 210
Merit: 2
www.daxico.com
January 17, 2019, 01:28:44 PM
There is no regulations of any sort in the blockchain industry yet and that's why many project team remain anonymous. These set of bounty that remain anonymous most often demand for kyc which is not really fair to hunter since there are lot of fraud on the internet where users identity are use for criminal activities and no hunter can identify these set of people because of the numerous compaign they have participated in . Secondly no be wants to promote a scam protect that might Tanish their image in the public.
member
Activity: 476
Merit: 11
January 17, 2019, 01:22:15 PM
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.
copper member
Activity: 336
Merit: 3
Cryptoknowmics - World's First Decentralized Media
January 17, 2019, 01:12:24 PM
Because there are a lot of cheaters among the bounty hunters, that are trying to trick the managers and to get more rewards. On the other hand it is pretty unsafe to send your personal information to an unknown project.
full member
Activity: 283
Merit: 100
January 17, 2019, 01:07:56 PM
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 .. 
Maybe that's because there is many bounty campaigns and when you have to fill KYC to all of them you just risking that your identity can gone into some bad hands and your identity can be used to some crimes.
legendary
Activity: 1232
Merit: 1000
January 17, 2019, 01:04:40 PM
Well, some of them are disappointed with personal data revealing because of they understand, that it could lead to data leak. The rest are multi accounts which break the rules of bounty. BTW I hate when bounty manager announces KYC after bounty has already ended, cuz as for me it looks like kinda fraud.
full member
Activity: 868
Merit: 104
January 17, 2019, 01:02:18 PM
#99
Its not just bounty hunters. in general all. In case of bounty hunters, the hateness is higher because they dont know whether they will still receive their bounty tokens after passing the KYC even.
copper member
Activity: 728
Merit: 250
January 17, 2019, 01:01:11 PM
#98
For bounty hunter it is just an extra valueless task. Because they are not the active investors of that project. Giving all information for some rewards is like problematic and uncomfortable. Also those who have number of accounts and worked as a bounty member don't want KYC.
full member
Activity: 434
Merit: 100
January 17, 2019, 12:57:50 PM
#97
I'm also a bounty hunter, but I don't hate KYC. For me - KYC is a great way to protect the ICO project from scam and different legal issues later.
full member
Activity: 405
Merit: 136
January 17, 2019, 12:53:19 PM
#96
Make KYC procedure is not a problem at all. If reliable platform asks about KYC it could be made. But if unknown team with uncertain project ask about KYC I would avoid to participate in that
sr. member
Activity: 1582
Merit: 279
PredX - AI-Powered Prediction Market
January 17, 2019, 12:44:18 PM
#95
I've participated in a bounty that requires participants to do KYC and in my opinion it is safe to be safe until now and I've also received payment, maybe those who don't want to do KYC because they use multiple accounts or don't want their identities to be known
besides that it also helps to verify participants who might commit fraud so that they can be reduced by using the Kyc system for all participants
copper member
Activity: 168
Merit: 1
January 17, 2019, 12:41:58 PM
#94
I think the bounty hunter hates KYC because their identity is handed over and is afraid that their identity will be used for undesirable things. as used for fraud cases and the like.
full member
Activity: 1092
Merit: 101
January 17, 2019, 12:32:41 PM
#93
I've participated in a bounty that requires participants to do KYC and in my opinion it is safe to be safe until now and I've also received payment, maybe those who don't want to do KYC because they use multiple accounts or don't want their identities to be known
sr. member
Activity: 980
Merit: 261
January 17, 2019, 12:29:23 PM
#92
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 ..  

it is because bounty hunters protecting their identity the team can used it for some reason,they dont want to risk their identity since KYC is not an assurance that the team will pay the participants so they are running away with it.
sr. member
Activity: 756
Merit: 250
January 17, 2019, 12:23:28 PM
#91
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 .. 
Personally, I have a neutral attitude towards the KYC procedure, as well as the other participants in the bounty campaigns, have a different attitude towards this procedure. Some people don’t want to transfer their personal data, someone has problems with documents, someone trusts developers without problems and sends their data to get earned tokens.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
January 17, 2019, 12:17:14 PM
#90
there are some people who don't want their identities to be known by others, including by the gift manager but I think the main reason is not because of some cheating bounty hunters by using more than one account in that bounty, therefore many bounty hunters are go
member
Activity: 728
Merit: 10
January 17, 2019, 12:10:26 PM
#89
Because if you are sending your data everywhere in internet one day you will find somebody selling it. And it is not the worst variant.
sr. member
Activity: 758
Merit: 250
January 17, 2019, 11:36:22 AM
#88
Some possible answers are already in your questions, but anyway, why is KYC so important? I think it should be something optional and not mandatory, if we are dealing with cryptocurrencies, cryptography, why should we show and reveal our information to exchange cents or anything else? And who guarantees that they will not steal this information for use of another type? It is innocent of you to question this situation.
hero member
Activity: 1484
Merit: 500
Across The Universe
January 17, 2019, 11:35:16 AM
#87
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 .. 

Maybe some bounty hunters don't have yet any valid ID or Documents that's why they hate it. Or it could be that some are afraid to submit their personal information due to they are thinking that their personal information could possibly be use by a bad people something like that. But sometimes whether we like it or not its required for them to receive token after ico.
that's right, for those of me who don't fulfill the required conditions KYC makes me hate it, kaeena sometimes we are required to have a passport and I don't have it, and some are worried about the bio fate of our data whether it will be safe or misused we don't know.
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