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Author Topic: KYC at the end of bounty  (Read 28330 times)

Offline Delgboke

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Re: KYC at the end of bounty
« Reply #165 on: June 09, 2021, 08:19:27 AM »
The issues of kyc in bounty campaign after when the hunters finish their work and the campaign team will start to demand kyc is so alarming and I think this problem is supposed to be addressed since last two years, I have loosed my reward serveral times because of the issue of kyc and this actually happens when you are participating in a Cryptocurrency exchange bounty campaign.
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Re: KYC at the end of bounty
« Reply #165 on: June 09, 2021, 08:19:27 AM »

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Re: KYC at the end of bounty
« Reply #166 on: June 09, 2021, 08:36:10 PM »
Due to protests in various forums, KYC no longer wants most of the bounty projects. Even then, if a project needs KYC, I think the project team should be told at the beginning of the project; Whoever will choose will work on the project. I personally do not support KYC, as it can hack personal information which is extremely harmful for everyone.
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Re: KYC at the end of bounty
« Reply #168 on: June 11, 2021, 08:01:04 PM »
There is both good and bad aspects of KYC. Multiple accounts is one reason for demanding KYC but the genuine persons have no problem to provide KYC.
But here is not a matter of genuine peoples or multiple accounts. While there is a matter of genuineness of company. After the completion of bounty campaign if they demands for KYC then this thing clearly shows that, they don't want to pay bounty hunters for there promotions and it's not a good thing.

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Re: KYC at the end of bounty
« Reply #169 on: June 12, 2021, 11:26:11 AM »
If we think about the essence of KYC and understand what its main function is, we clearly see that it is only necessary for investors in some projects, not for bounty hunters, since the bounty hunters do not make any economic investment in the project, they simply help to promote it. When a project requires KYC for bounty hunters, it should be a red flag.
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Offline Malam90

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Re: KYC at the end of bounty
« Reply #170 on: June 13, 2021, 05:51:41 PM »
KYC at the end of a bounty without any advance notice is a very bad thing in a bounty campaign, and i hate it so much.

I also think it is bad after bounty ended. If any project wants KYC, they should clearly state before bounty launch. Many projects want to cheat bounty hunters, so they try to find any cheating reason. Hence KYC is one of the way by which they reject many participants as well as delays payments. Some sites disclose kyc documents with outer sites by money. This is very bad.

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Re: KYC at the end of bounty
« Reply #171 on: November 06, 2021, 01:12:17 PM »
Now this problem has almost disappeared. Rarely are projects requiring KYC. But until a few years ago, this really was a problem for bounty hunters. The project teams demanded KYC mainly after the end of the bounty, and after a certain long time, when many had already ceased to be interested in this project. Thus, some of the bounty hunters did not know about such a requirement and, therefore, in the end, did not receive the earned tokens.
It should be said that KYC is completely illegal for bounty hunters. It should be carried out exclusively for the prevention of dirty money laundering and combating the financing of terrorism.

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Re: KYC at the end of bounty
« Reply #171 on: November 06, 2021, 01:12:17 PM »


Offline Rokon5

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Re: KYC at the end of bounty
« Reply #172 on: November 06, 2021, 03:39:48 PM »
I believe this is other shape of easy contortion. perhaps the administration is over grasping and egoistic because if they desire to device KYC it should be published at the opening of the adventure in command to be pure.

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Re: KYC at the end of bounty
« Reply #173 on: November 06, 2021, 04:14:58 PM »
KYC at the end of a bounty without any advance notice is a very bad thing in a bounty campaign, and i hate it so much.

I also think it is bad after bounty ended. If any project wants KYC, they should clearly state before bounty launch. Many projects want to cheat bounty hunters, so they try to find any cheating reason. Hence KYC is one of the way by which they reject many participants as well as delays payments. Some sites disclose kyc documents with outer sites by money. This is very bad.
it's not strange anymore every bounty will always make a lot of losses that occur to bounty hunters, where one of them is by making a kyc request after the bounty ends when making payments.

agree with you, this is one way that many bounty hunters finally resign, and they end up benefiting. because they only aim to take advantage of the bounty hunter's inability to do what will be asked.

Actually, there are many ways that can be done to bounty hunters so that not everything can be paid, perhaps the most effective so far is the KYC request, because it is clear that many do not want to do that because the risk to be borne will not be proportional to what they will receive.

but the act of requesting kyc after the bounty is over is an unrighteous act and this is clearly not a good thing for them to do, it is wiser to say from the start before the bounty is executed is a very good thing.
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Offline DAMKAR

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Re: KYC at the end of bounty
« Reply #174 on: November 06, 2021, 04:35:55 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.

Yes, It's not fair.
Don't do KYC at the end of this year if you doubt the team will never pay the rewards.
Because several time I have joined bounty, then they ask KYC at the end of bounty but never paid.
I think They are scammer.

Offline Galley

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Re: KYC at the end of bounty
« Reply #175 on: November 06, 2021, 07:14:08 PM »
I do not understand at all why the KYC procedure is necessary for those who participate in the bounty campaign. This is necessary for investors, they need confirmation of the "purity" of their income. And bounty hunters receive money from the project for the work done, therefore, it is more logical for the team to go through KYC, and this does not always happen. Therefore, I am generally against KYC, even before or after the bounty.

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Re: KYC at the end of bounty
« Reply #176 on: November 06, 2021, 10:55:52 PM »
Due to protests in various forums, KYC no longer wants most of the bounty projects. Even then, if a project needs KYC, I think the project team should be told at the beginning of the project; Whoever will choose will work on the project. I personally do not support KYC, as it can hack personal information which is extremely harmful for everyone.

The manager only wants to see that there are no multiple accounts in the campaign but there are other ways to do that, that will compromise the sensitive information of the bounty hunters, I don't like to undergo KYC, because you don't know what's going to happen to your information after the bounty is over and the project to be a scam.
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Offline rizqillah

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Re: KYC at the end of bounty
« Reply #177 on: November 07, 2021, 11:35:07 AM »
If we think about the essence of KYC and understand what its main function is, we clearly see that it is only necessary for investors in some projects, not for bounty hunters, since the bounty hunters do not make any economic investment in the project, they simply help to promote it. When a project requires KYC for bounty hunters, it should be a red flag.

That's right, I tihink bounty hunter shouldnt do KYC,
nothing  interest there, They just steal our data and will misuse it. SKIP KYC for bounty hunter, It's just a scammer.
Bounty hunter help to promote their project, not more.
agree with you , KYC should be investor when we participate in IDO or ICO
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Re: KYC at the end of bounty
« Reply #178 on: November 07, 2021, 12:09:33 PM »
I will leave the project if the bounty manager asks for KYC, on the one hand, there are many participants who commit fraud, but the team and manager can track them through the participants' wallets and ips.
Even current IDO doesn't need KYC, because current DeFi platform already has IDO feature and it doesn't require KYC (solanium,polkabridge) many good projects use their services

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Re: KYC at the end of bounty
« Reply #179 on: November 07, 2021, 05:24:39 PM »
There is nothing we could do about it if a certain campaign requires KYC for their workers. If you do not wants to do kyc then just simply avoided that project. I think most project don't want any KYC from their participants expect some fews who are very serious about preventing and violation of rules.

 

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