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Topic: Why Bounty Hunters Hate KYC !!! - page 8. (Read 93906 times)

full member
Activity: 938
Merit: 137
February 21, 2019, 01:05:57 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 .. 
Because of these contrived KYC checks, in many cases I don’t get my earned tokens. The whole problem is that the KYC check is not only illegal with regard to bounty hunters, but also carried out at the end of the ICO or even after its completion, and even often it happens that several months after the completion. The ICO teams do not give clear explanations and keep us in the dark, thus forcing us to constantly reread hundreds of messages in their telegrams. As a result, it turns out that they not only require the provision of such copies of documents, which we sometimes cannot give, but also there are some technical problems, deliberate or not, that prevent the acceptance of our information. After the end of ICO, this remains only our problem; after all, it is even beneficial for the ICO teams that we do not pass such a KYC test.
So why should we like this check? This is still a very serious problem for the normal operation of bounty hunters.
full member
Activity: 630
Merit: 100
February 21, 2019, 12:58:57 AM
A genuine person do not have a problem to give the kyc either he is bounty hunter or investors. A fraud person will not go for kyc because he has not documents for kya.
sr. member
Activity: 1372
Merit: 322
February 21, 2019, 12:39:21 AM
The fact is that most bounty hunters do not really care about KYC as long as it is mentioned from the beginning, they tend to hate it if it is mentioned after the bounty is over because they see it as a way for the project team to deny them of their tokens.
Reason that is quite realistic. Actually, there is nothing wrong with KYC, it can reduce spammers and multiple accounts trying to cheat. As long as the KYC process is not difficult, the developer is responsible for data security, I don't think that's a problem. Usually, for KYC I use a driving license.
So, the developer is responsible for data compromise, right? Now, if data gets compromised, you will lose, what will developer do then? Isn't it good to be safe before something wrong happens?
sr. member
Activity: 1246
Merit: 285
February 21, 2019, 12:34:09 AM
The fact is that most bounty hunters do not really care about KYC as long as it is mentioned from the beginning, they tend to hate it if it is mentioned after the bounty is over because they see it as a way for the project team to deny them of their tokens.
Reason that is quite realistic. Actually, there is nothing wrong with KYC, it can reduce spammers and multiple accounts trying to cheat. As long as the KYC process is not difficult, the developer is responsible for data security, I don't think that's a problem. Usually, for KYC I use a driving license.
member
Activity: 476
Merit: 10
February 21, 2019, 12:12:09 AM
Bounty hunters hate KYC because they dont want to show their identity and some project steal people privacy.They do not want to disclose their information to others.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
February 20, 2019, 11:34:06 PM
I am a bounty hunter, I avoid KYC if there is a bounty that has to do this. for me KYC is very risky and dangerous because our identities are known and afraid of being misused like to do scammers and unwanted actions.
But if we don't do Kyc, we also don't get the rewards that were previously promised. like it or not we have to go through the process and believe that our data is not misused
member
Activity: 332
Merit: 11
February 18, 2019, 09:04:28 AM
I am a bounty hunter, I avoid KYC if there is a bounty that has to do this. for me KYC is very risky and dangerous because our identities are known and afraid of being misused like to do scammers and unwanted actions.
member
Activity: 574
Merit: 15
February 18, 2019, 08:49:26 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 known what will happen to cryptocurrencies in the future, perhaps all cryptocurrency holders will be recognized as counterfeiters, so identification is very dangerous for owners.
copper member
Activity: 154
Merit: 0
IMO Exchange - Customer First.
February 18, 2019, 05:36:26 AM
The fact is that most bounty hunters do not really care about KYC as long as it is mentioned from the beginning, they tend to hate it if it is mentioned after the bounty is over because they see it as a way for the project team to deny them of their tokens.
copper member
Activity: 196
Merit: 2
February 18, 2019, 05:35:03 AM
As a bounty hunter, I know I have no worries about KYC because I always adhere to the rules, I guess those that kick against it are those who operate multiple accounts and it would be impossible to perform KYC on numerous accounts.
jr. member
Activity: 224
Merit: 1
February 18, 2019, 02:17:37 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 ..  
[/quote

Know-Your-Customer. To me, Bounty hunters are more of 'hired labourers' than customers so when they render service you reward them and case closed. Why insisting on one account per hunter? Those that eventually pay what is the worth per account? It's not worth the risk of disclosing personal data. They claim it's to curb cheating but If a hunter goes multiple and still fufills the required tasks on all the accounts then he deserves to be rewarded completely. Seriously I hate kyc for bounties and airdrops especially those that will mask kyc from the start only to show up later.
sr. member
Activity: 994
Merit: 250
February 18, 2019, 02:03:47 AM
First KYC takes some time and effort. It also does not allow bounty hunter from different accounts to participate in a bounty company and thus ensures the integrity and quality of the content.
member
Activity: 238
Merit: 10
February 18, 2019, 01:49:15 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's not about hating, it's about providing your personal information to some strangers. Providing your personal information to strangers can have major consequences and most of the time the risks of doing kyc outvalues the actual payment you receive.
member
Activity: 574
Merit: 13
February 18, 2019, 12:38:29 AM
It's true I personally really don't like KYC. Because it is usually very difficult for the process. If it fails and is not on time at the specified time, maybe I will not get my token. Therefore I do not like it if there is a reason like that.
newbie
Activity: 382
Merit: 0
February 17, 2019, 11:33:49 PM
Sometimes it was hard to pass the kyc process of certain projects. On my experienced, the documents I uploaded sometimes accepted by one project but another one rejected it. So I just decided to not participate in bounty with kyc. And obcourse, it was also for security reasons.
copper member
Activity: 176
Merit: 0
February 17, 2019, 11:24:39 PM
There could be lots of reasons why bounty hunters hate kyc, aside wanting to hide their identity from the public, sometime you do not know if you are making your identity open to scam group. Now those aside , i think bounty hunters get cheated during this kyc period, if they are unable to pass the kyc, their effort will be goon just like that. I know someone who lost some tokens because of kyc, that was too bad. His kyc was rejected. This is just one of the reasons bounty hunters don't like kyc . Also those that wants to out smart the system, can't also because of kyc.
member
Activity: 896
Merit: 10
February 17, 2019, 11:18:39 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 .. 

One of the factors might be like what you say there are frauds by bounty hunters but what i think is that most bounty hunters want to remain anonymous so they choose not to be investors but bounty hunters so if KYC is reinstate it defeats the purpose.
copper member
Activity: 294
Merit: 1
February 17, 2019, 10:50:32 PM
Me i like KYC on a bounty so that the fairness in participating a bounty will be implemented because some bounty hunters use multiple accounts to participate  Grin
sr. member
Activity: 1974
Merit: 450
February 17, 2019, 10:49:00 PM
yes, they don't want their identities to be known by people they don't know. This is a bounty hunter who only gets tokens for free instead of investing money so I don't think I need to do KYC
well, basically KYC is sometimes needed, and sometimes it's not needed depending on the type of ICO, or supported project. in my opinion it is indeed not needed for supporters, but it is necessary for investors. however, it is the rule of a project, if it cannot fulfill it, it is better not to follow it.
member
Activity: 574
Merit: 11
HiveNet - Distributed Cloud Computing
February 17, 2019, 10:31:19 PM
The online world is certainly full of risks, especially when fraud often occurs by using other people's identities. And for Crypto, of course, KYC use is avoided by many bounty hunters because they have risks, so they don't like KYC. And there are also many bounty hunters who are sad because of KYC. They did not get tokens because they did not pass KYC.
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