KYC at the end of bounty

[ayatoslaw]

but they were over smarted by the bounty managers or the project of the team sometimes when they change rules after the bounty period.

It is a risk that you must follow when deciding to do a bounty, if you don't like doing KYC, make sure before you join bounty by asking Team or BM,
You can't blame BM because the one who changed the rules was the project team and BM only followed the team's wishes,

[Crypto Guard]

I actually don't like KYC at the end of bounties or airdrops. Because this really scares me the data will be misused. Moreover, the method with KYC is also less effective. Can still fill in basic data without this KYC.

[jakasantosa]

I also don't like it when every bounty changes the rules at the end or the bounty reward distribution, especially regarding KYC. If from the start the KYC rules were included it would be easier to decide whether to join the project or not. My estimate is that many use KYC at the end of the bounty but the result is a scam like the Clipx bounty example.

[Malam90]

I also don't like it when every bounty changes the rules at the end or the bounty reward distribution, especially regarding KYC. If from the start the KYC rules were included it would be easier to decide whether to join the project or not. My estimate is that many use KYC at the end of the bounty but the result is a scam like the Clipx bounty example.

Right, nobody likes KYC but few projects wants kyc after bounty ended. Then hunters don't have any other way. If they deny kyc, they won't get rewards. But from the start of Bounty team wants kyc, hunters have the option to avoid kyc. This kyc documents submit is very risky for the security of the hunters personal information.

[Blue_sea]

The idea of KYC is really for frustrating for some bounty hunters who fail to pass. Others also think that it make the project look legit.

Yes you are right. In some causes some bounty program is not legit i think. They require some documents which are not common to the hunters. Definitely they should alternative something but not. Here hunters will be worried this simple.

[Tnoy30]

Kyc is not important in most bounties. Some project's team wants, bounty is mandatory for the campaign. Because they collect data to make their payment. Some: The reason for giving Kyc to the project is that it gives the facility to present the project to the exchange team in a better way. So this matter is not unknown to anyone. However, there are some projectors that will come or will come in the future, which are still fraudulently removed from the market after kyc. As there was a campaign a few days ago, I also participated in the campaign. That is clipx. After completing the campaign, the KYC is mandatory, then they have committed fraud.

[Fenix]

It is necessary to immediately pay attention to the fact that the use of KYC for bounty hunters is illegal. According to the FATF recommendations of June 21, 2019, KYC can only be carried out for the prevention of dirty money laundering and combating the financing of terrorism and only if transactions exceed one thousand euros.
We cannot be suspected of laundering dirty money or financing terrorism, since we participate in bounty companies and do not invest in the project.
Recently, KYC for bounty hunters has been very rare and rightly so.

[monig18]

This is not right at all That we do KYC at the end of the campaign. Even KYC was necessary, it would be good to get it done in the beginning of the campaign.Whoever succeeds in KYC will do work in the campaign. But after working it all, if for some reason it doesn't succeed Kyc then Hunters  will not get anything And despite working hard, they will not be able to achieve anything which is not fair.Bounty managers should think about it.

[Confero]

This is not right at all That we do KYC at the end of the campaign. Even KYC was necessary, it would be good to get it done in the beginning of the campaign.Whoever succeeds in KYC will do work in the campaign. But after working it all, if for some reason it doesn't succeed Kyc then Hunters  will not get anything And despite working hard, they will not be able to achieve anything which is not fair.Bounty managers should think about it.

KYC at the end of the campaign is very detrimental to campaign participants, because the risk is if the KYC is rejected. So the campaign participants will certainly work in vain, of course this is different if KYC is done at the beginning of the campaign. If KYC is accepted we will continue to work, but if KYC is not accepted then we will stop.

[piqulhdt28]

Actually, if KYC is announced when the first bounty is opened, I think it is okay and looks very fair, but there are some who need KYC after the bounty ends and the requirement to get tokens must pass KYC, I don't think it's fair. because it makes rules when the hunter will get the reward, and those who do not pass will not get the token. I think this is a small arena for the corruption they do.

[tvplus006]

I actually don't like KYC at the end of bounties or airdrops. Because this really scares me the data will be misused. Moreover, the method with KYC is also less effective. Can still fill in basic data without this KYC.

We can talk for a long time about how honestly the campaign is being conducted, requiring the completion of the bounty to pass KYC, but the fact remains that no one is interested in our opinion. Therefore, everyone decides independently whether to pass verification or refuse it together with the earned coins.

[lepbagong]

KYC at the end of the campaign is very detrimental to campaign participants, because the risk is if the KYC is rejected. So the campaign participants will certainly work in vain, of course this is different if KYC is done at the beginning of the campaign. If KYC is accepted we will continue to work, but if KYC is not accepted then we will stop.

Of course, this is something that is very unfortunate if Dev and the team really want to reduce participants and take advantage, they may say that KYC is not feasible and cannot accept prizes that belong to participants because they failed KYC. Nowadays it is almost often seen that many projects do not pay as promised from the start, without heeding any reasons put forward by the participants, in the end the participants just give up.

So it seems that if KYC is going to be used it is no longer strange that they do that, even though it could be like you said you have to do it from the start so that no one will suffer losses if they fail KYC they can not continue, don't just finish but eventually don't pass. but now it looks like BH doesn't have any power if they don't pay. It should be that from registering at BTT / Alt they should have made a deposit to the Admin so they can't escape their responsibility.

[nicecrypto]

This has been one of the pressing issues which needs to be addressed. All bounty managers must state at the start of their Bounty program whether there will be KYC or not. Some KYC requires passport and not every bounty hunter travels across the globe. In the end, most bounty hunters suffer losses as their tokens are not paid to them due to failure of meeting KYC requirements. This is not fair.

This is true and highly recommended. I would say it is not only about the KYC alone, some of the Bounties too after allowing bounty hunters to finish the campaign, you see where things are been changed. Most recently is the Bounty campaign for Student Coin STC where the project owners reversed the payment type and amount after 10 weeks of the campaign claiming that they never said they will pay the total amount of coins that is stated on the Bounty page and they never mention this in the whole 10 weeks until the end.

If possible, I like the Forum owners to get involved in this to help correct issues like this where Project owners believe that they can do whatever and nobody can do anything after they have used the platform to promote their project and they refuse to pay.

[Kitaiev]

This has been one of the pressing issues which needs to be addressed. All bounty managers must state at the start of their Bounty program whether there will be KYC or not. Some KYC requires passport and not every bounty hunter travels across the globe. In the end, most bounty hunters suffer losses as their tokens are not paid to them due to failure of meeting KYC requirements. This is not fair.

I completely agree with you on this issue. Аll bounters, do not like this, as well as delays in the payment of tokens in connection with this KYС. There is no trust in such projects and there is no desire to store their tokens.

[Evgenklm]

Here you need to understand for yourself, if the project is worthwhile, then you can pass KYC, now for example, almost all exchanges ask for KYC, so this is already part of the norm, I don't see anything wrong here, but only if you are confident in the project.