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Author Topic: KYC at the end of bounty  (Read 28317 times)

Offline Anonylz

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Re: KYC at the end of bounty
« Reply #120 on: May 26, 2021, 12:30:19 PM »
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.
Yes, no problem with KYC if you decide to do so for a bounty BUT that MUST be announced in the beginning before you register and engage in the bounty work and NOT after. KYC for exchanges are done before you start trading in the exchange or they will let you know that without KYC, you have such and such limitations to transactions. For me, it is about transparency, what is required before the work starts.

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Re: KYC at the end of bounty
« Reply #120 on: May 26, 2021, 12:30:19 PM »

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Online bitbit97

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Re: KYC at the end of bounty
« Reply #121 on: May 26, 2021, 02:33:04 PM »
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.

You can pass KYC, but only if you know the amount you will be rewarded. I think you will agree with me that passing KYC to get $10-20 looks stupid. You will spend more on a transaction to exchange, compared what you have earned. I've noticed that it is become common to ask to pass KYC before final spreadsheet is calculated.
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Offline nicecrypto

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Re: KYC at the end of bounty
« Reply #122 on: May 26, 2021, 03:35:03 PM »
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.

You can pass KYC, but only if you know the amount you will be rewarded. I think you will agree with me that passing KYC to get $10-20 looks stupid. You will spend more on a transaction to exchange, compared what you have earned. I've noticed that it is become common to ask to pass KYC before final spreadsheet is calculated.
Exactly. Why won't that be put forward from the start so that whoever decides to Do KYC for some token you don't even know will eventually hit the exchange can go ahead and do that but after the campaign or almost the end, campaign owners are now asking to complete a KYC is a NO NO for me too.

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Re: KYC at the end of bounty
« Reply #123 on: May 26, 2021, 04:58:42 PM »
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.
Announcement of KYC before the commencement of the campaign will enable some hunters who like to work anonymously to seek other bounty campaign that does not require KYC however it is very unfortunate that some bounty managers only announced mandatory KYC at the end of a campaign thus denying some hunters who might not like to work anonymously. this is common when the project is likely resulting to a scam.

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Re: KYC at the end of bounty
« Reply #124 on: May 26, 2021, 05:17:23 PM »
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 don't agree to share KYC at the end of bounty, I think It's just scam.
They should explain it at the beginning.
I have joined several bounty no KYC, I think It's more safe, not to share KYC at their project.
That's more risky, several projects are scam.

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Offline Debasco

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Re: KYC at the end of bounty
« Reply #125 on: May 26, 2021, 10:34:52 PM »
To me kyc at the end of bounty is cheating, because agreement is agreement, because if the manager felt they need kyc, it should be from inception not at the latter end.
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Offline dolcefarniente

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Re: KYC at the end of bounty
« Reply #126 on: May 26, 2021, 11:03:45 PM »
To announce the obligation to undergo the KYC procedure for bounty hunters at the end of the campaign is not fair and means deception. I think that in this way they want to force some of the participants to refuse the reward.

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Re: KYC at the end of bounty
« Reply #126 on: May 26, 2021, 11:03:45 PM »


Offline Stuart

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Re: KYC at the end of bounty
« Reply #127 on: May 27, 2021, 01:26:46 AM »
This is becoming the new pattern at which signature campaigns projects are using as a means of cheating and defrauding its bounty hunters from receiving their rewards. At the point of starting a campaign on a project, the need for KYC will not be stated, when the project comes to a successful end, then different  selfish ideas will start coming up so as not to pay the hunters of the campaign.
This is now a new form of scamming bounty hunters, as it was not from the inception of the campaign, bringing it later on is totally unfair.

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Re: KYC at the end of bounty
« Reply #128 on: May 27, 2021, 01:54:47 AM »
You do not need to travel to have a passport.
In my opinion, many experienced bounty hunters know very well that in projects we sometimes have to do KYC.
It is NOT to get angry, but it is not the Bounty managers in the end who ask for this...

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Re: KYC at the end of bounty
« Reply #129 on: May 27, 2021, 07:57:40 AM »
To me kyc at the end of bounty is cheating, because agreement is agreement, because if the manager felt they need kyc, it should be from inception not at the latter end.
That's right, Mate, KYC at the end of the Bounty is cheating committed by the Bounty Team. Because there will be many participants who will not do KYC or will also not accept KYC.  Thus the Allocation for Bounty will be reduced, and it is very detrimental to Bounty participants who are already working.
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Offline elbans89

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Re: KYC at the end of bounty
« Reply #130 on: May 27, 2021, 08:36:09 AM »
To me kyc at the end of bounty is cheating, because agreement is agreement, because if the manager felt they need kyc, it should be from inception not at the latter end.
That's right, Mate, KYC at the end of the Bounty is cheating committed by the Bounty Team. Because there will be many participants who will not do KYC or will also not accept KYC.  Thus the Allocation for Bounty will be reduced, and it is very detrimental to Bounty participants who are already working.

We ever see several projects are scam because we must share KYC at the end of bounty.
I think bounty manager should have agreement at the beginning before they launch bounty project.
Don't share your ID for scam project.
I don't agree with this way, that's scam.
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Offline Coin63@

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Re: KYC at the end of bounty
« Reply #131 on: May 27, 2021, 09:20:11 AM »
Kyc is not enough for one project, there are many good projects in which projector rewards are distributed even if KYC is not done.  While the Student Coin Project has been one hundred percent successful, Bounty has been unfaithful to the Hunters.  So I don't believe in KYC projects.

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Re: KYC at the end of bounty
« Reply #132 on: May 27, 2021, 09:33:05 AM »
As long as I joined the Bounty from 2017, I will do KYC if the team asks for it but I will see how much reward I receive from that bounty. This situation looks complicated, but we can refuse KYC or do KYC according to our wishes, but still be careful because there are many projects that end in fraud
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Offline tonymillions84

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Re: KYC at the end of bounty
« Reply #133 on: May 27, 2021, 12:31:20 PM »
i think that the request for Kyc has reduced if not, has stopped. we hadly heard bounty managers requesting for kyc recently. apart from what transpired between bounty detective and collective. i think there are no campaigns currently requesting for KYC. maybe there are others but i can't say
Also this depends on the manager incharge of the project.
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Offline Anonylz

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Re: KYC at the end of bounty
« Reply #134 on: May 27, 2021, 03:58:57 PM »
As long as I joined the Bounty from 2017, I will do KYC if the team asks for it but I will see how much reward I receive from that bounty. This situation looks complicated, but we can refuse KYC or do KYC according to our wishes, but still be careful because there are many projects that end in fraud
If we decide to do KYC based on the reward we hope to receive which might make you think of doing the KYC, what happens if that project too with high rewards turns out to be a Scam/Fraud? I don't really think I have ever done any KYC for a bounty and don't think I will even though KYC for exchanges can as well be as bad as KYC for the bounty I would rather do KYC for an exchange than Bounty.

 

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