Why Bounty Hunters Hate KYC !!! - page 4.

sieemma

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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 ..

It is not because people join with software but rather it's because some countries are not allowed to participates in some KYC(that's an automatic rejection if you are from some selected countries). Bounty hunters who may be included in such countries are not treated fairly because they were not told about this. And sometimes, the documents are rejected for no reason. Why should all these be happening after I have done my service?

LiquorBan

member

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Some hunters hate the KYC system because, so many hunters that have a many alt accounts, and they cannot pass or submit a KYC to that alt.

nugezmils

jr. member

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Kyc is very important. But the question is, Are the documents safe? Is the project genuine? Because there are a lot of fake projects out here. So one needs to be watchful. Know the kind of bounty you are contributing to. Overall, your document is more important than any reward.

hridoyb

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Activity: 826

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Bitgesell (BGL) Decentralized Cryptocurrency!

Quote from: yslyv on February 24, 2019, 03:30:48 AM

i personally hate kyc generally both when i invest to an ico and when i join a bounty campaign. crypto market is a decentralized and anonymous market. Why would i share my personal information there?

Yes maximum people thought it.If you want to trade large amount you must fil the kyc form in crypto market exchanger like as bittrex,binance otherwise anytime your account will be lock or you cannot withdraw your asset.I think fill the kyc only trusted and secure exchanger where you data or information is safe.

hridoyb

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Bitgesell (BGL) Decentralized Cryptocurrency!

Quote from: nreal on January 17, 2019, 04:02:35 AM

In my opinion, there are two main reasons why bounty hunters do not want to do KYC. First, KYC should only be for investors, Bounty hunters are not customers of the project, they do not want to disclose their information to others. Secondly, bounty hunters that use multiple accounts (cheat) of course don't want KYC.

Yes, you are right. Most of the project or ico need to kyc their bounty hunter and investor also because they prevent fraud and cheater. Be carefully never given kyc or identify to scam or fake project because they sell your information or use any criminal activities. Bounty hunter hates kyc because they want to hide their identity from the online platform but they can only give information only trusted site or project.

yslyv

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i personally hate kyc generally both when i invest to an ico and when i join a bounty campaign. crypto market is a decentralized and anonymous market. Why would i share my personal information there?

@baoli

jr. member

Activity: 1162

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Base.protocol

Personally I think some persons are afraid to give out their ID online to people you don't even know. They feel it might end up in hands of people that will use it for other things. This has actually happened in couple of occasions. I personally don't have problem with it but I have to be sure where its going.

Dacosta Osei-Tutu

member

Activity: 560

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Me personally do not join any campaign with a bot but I usually don't participate in bounties that require KYC, especially when they are run by managers like Amazix. It will be very painful to finish working and you are not being paid because of a mistake you made while submitting your KYC forms.

Papcio77

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Activity: 841

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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 ..

If youre info got leaked and it hands down to scammers whay will you do? This is one fact that bounty hunters dont want to happened. Though they are just sensitive in KYC processes. Im not saying KYC is bad but make sure youre giving to a legit firm.

novusordo

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Activity: 800

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Quote from: jvper on February 23, 2019, 09:19:09 PM

I believe every single user hates KYC, not only bounty hunters. Nobody wanna freely disclose their ID to someone who may not take care of this information.

Yes, for those who love blockchain and cryptocurrency, I believe they will never like KYC to do something. But for compulsory reasons, they had to carry out KYC. I personally never invest in ICO and participate in bounty requests for KYC

ceetoo224

copper member

Activity: 112

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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 ..

The real fact is that, It is not really hard for us bounty hunters to provide our KYC if we know that the project is really good. In fact, other bounty hunters hate KYC because they have many accounts, and they cannot verify their accounts using only one identity.

buleidada

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Quote from: jvper on February 23, 2019, 09:19:09 PM

I believe every single user hates KYC, not only bounty hunters. Nobody wanna freely disclose their ID to someone who may not take care of this information.

Of course, all of us really do not want to give their personal data for free, but if for bounty it is better to consider first whether it is appropriate for KYC and according to the prize or not

buleidada

member

Activity: 520

Merit: 10

Quote from: Sab11 on February 23, 2019, 06:43:18 PM

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 think may people hate KYC because they dont want to expose thier identity and for thier security reason, but for me i hate KYC because its time consuming there is alot of requirement before to bet verified and then thier rewards is not satisfying thats why i hate KYC

if the prize is not comparable to the requirements with a very complicated and long time I would better let him count the learning so that nothing happens

jvper

hero member

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I believe every single user hates KYC, not only bounty hunters. Nobody wanna freely disclose their ID to someone who may not take care of this information.

Vaculin

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Winding down.

Quote from: Bes19 on February 23, 2019, 08:20:17 PM

it's because they don't want to spread their privacy just for the reward that doesn't have a certain value. But i personally do KYC coz i don't wanna waste my efforr doing the bounty then leave it just because of the kyc.

That's good, don't waste your chance to make money but they should be transparent, some bounty hunters as you said does not want to expose their information and want to stay private. Most bounty tokens or coins now are worthless and that's because of the bear market, but things might
chance sooner because the market is slowly recovering and everyday we are seeing some light.

Hopefully in the future, they will be more transparent and announce things from the beginning so bounty hunters will be able to decide prior the participation.

efxtrader

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GoMeat - Digitalizing Meat Stores - ICO

Quote from: calya on February 23, 2019, 06:18:12 PM

Quote from: HatakeKakashi on February 23, 2019, 06:11:57 PM

Most of the bounty hunters are cheat like joining more accounts to one bounty because once they submitted the information for sure they will be caught but not all bounty campaigns cheats. There is still hunters who are willing to submit their Identity and I think that is only have 1 account and that is honest person. KYC the pupose of having that because also the for the bounty and a lot of purposes but not all good side effects having KYC there is also bad effects.

besides to prevent bounty cheating kyc used to know investor's fund source.without this developers team affraid if someday they have problem with local regulators.moreover if they accept investors from usa and china.

Of course developers wont take risk breaking government regulation. KYC will applied in cryptocurrency because government want to avoid criminal activity like money laundering and i think its a good as long developers not use our identity for others activity

Bes19

full member

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it's because they don't want to spread their privacy just for the reward that doesn't have a certain value. But i personally do KYC coz i don't wanna waste my efforr doing the bounty then leave it just because of the kyc.

Sab11

full member

Activity: 524

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io.ezystayz.com

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 think may people hate KYC because they dont want to expose thier identity and for thier security reason, but for me i hate KYC because its time consuming there is alot of requirement before to bet verified and then thier rewards is not satisfying thats why i hate KYC

8rch7

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Vave.com - Crypto Casino

for me personally, I do not hate the existence of KYC if the KYC process is not complicated. sometimes KYC approved only by verified telephone numbers and upload scans of National ID Card, but sometimes KYC not approved altough have uploaded some documents, which are complicated like this that I hate to do KYC.

calya

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Activity: 784

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Quote from: HatakeKakashi on February 23, 2019, 06:11:57 PM

Most of the bounty hunters are cheat like joining more accounts to one bounty because once they submitted the information for sure they will be caught but not all bounty campaigns cheats. There is still hunters who are willing to submit their Identity and I think that is only have 1 account and that is honest person. KYC the pupose of having that because also the for the bounty and a lot of purposes but not all good side effects having KYC there is also bad effects.

besides to prevent bounty cheating kyc used to know investor's fund source.without this developers team affraid if someday they have problem with local regulators.moreover if they accept investors from usa and china.

Topic: Why Bounty Hunters Hate KYC !!! - page 4. (Read 93906 times)