KYC at the end of bounty

[babu10]

I could not understand why you are upset about kyc as now kyc is very rare for bounty hunters and its only for investors. Actually when they launch a project and if their govt give this kind of criteria, they have to quarey KYC as terms and conditions. I think we should take KYC as positive thing so that cheaters can avoid real men in bounty.

[bitcoin-shark]

it is not at all fair to request the kyc only at the end of the bounty, the rules must be clear from the beginning, the bounty manager at the beginning of a campaign must best specify all the conditions after how long the payment will be made and if kyc will be required, according to me this is a sign of seriousness

[Traderbtcc]

Well it's not as if KYC is bad but it would have been better to state it at the start of the Bounty because not everyone got the required passport or ID cards, so it's really not fair after working for a period of time of Bounty participant won't get his rewards because of not being able to pass the KYC process, so it should be stated at the start so as to make every participant be aware

[nicecrypto]

I could not understand why you are upset about kyc as now kyc is very rare for bounty hunters and its only for investors. Actually when they launch a project and if their govt give this kind of criteria, they have to quarey KYC as terms and conditions. I think we should take KYC as positive thing so that cheaters can avoid real men in bounty.

To me I don't think it is the KYC that is the issue per se but if the KYC will be demanded at the end of the bounty program. What will happen to the bounty hunters that would eventually not be able to do the KYC after they have finished all the bounty for the period? Would they miss out because they couldn't complete the KYC? I believe everything about the requirement to qualify as a participant in a bounty should be stated out from the begining.
 

[lepbagong]

I could not understand why you are upset about kyc as now kyc is very rare for bounty hunters and its only for investors. Actually when they launch a project and if their govt give this kind of criteria, they have to quarey KYC as terms and conditions. I think we should take KYC as positive thing so that cheaters can avoid real men in bounty.

Actually, KYC is no problem if it's only for investors with certain goals that are an obligation, but for bounty hunters it will obviously be different, because many don't want KYC because they are just helping. The problem is that if it has been informed from the start that there is KYC, it is clearly not a problem, especially if it is immediately informed that KYC has passed or not, so that it can continue the bounty hunter, but if the information behind it is clear that there are bad intentions, they may not pass it for the purpose of not paying.

To me I don't think it is the KYC that is the issue per se but if the KYC will be demanded at the end of the bounty program. What will happen to the bounty hunters that would eventually not be able to do the KYC after they have finished all the bounty for the period? Would they miss out because they couldn't complete the KYC? I believe everything about the requirement to qualify as a participant in a bounty should be stated out from the begining.
 

That's right, indeed, if KYC is done after the project is finished, of course we can interpret something, there could be Dev's intention and the team really wants to reduce the bounty hunter recipients so they don't qualify. which obviously they can reduce the payment to bounty hunters. Of course this is clearly unfair and not commendable what they did. but this kind of behavior seems to have become a frequent goal.

[doc]

I could not understand why you are upset about kyc as now kyc is very rare for bounty hunters and its only for investors. Actually when they launch a project and if their govt give this kind of criteria, they have to quarey KYC as terms and conditions. I think we should take KYC as positive thing so that cheaters can avoid real men in bounty.

If the project is not scam, I think we can take KYC. But we must be careful to share your ID.
Too many projects are scam.
They just take our ID and not distribute the tokens reward.
Maybe other member ever have this experience, it's bad .
I don't agree to fill KYC form, when I don't confident , the project is legit.

[tvplus006]

To me I don't think it is the KYC that is the issue per se but if the KYC will be demanded at the end of the bounty program. What will happen to the bounty hunters that would eventually not be able to do the KYC after they have finished all the bounty for the period? Would they miss out because they couldn't complete the KYC? I believe everything about the requirement to qualify as a participant in a bounty should be stated out from the begining.

In principle, any requirement to pass verification is illegal, since bounty hunters are not investors and receive tokens for doing the work. Such a requirement can only be legal for project investors.

[gurunanakji777]

Many hunters don't like to provide the KYC because they are concerned about their data that can be misused so they join the campaign only when the admin doesn't ask the KYC but in many bounties, rules changed and they ask for KYC for an uncountable reason. I also feel it doesn't look good when you ask the KYC at the end of the campaign rather than asking in the starting so that those who do not want to provide its KYC will not join the campaign. Yes, majority of the hunter does not have the passport they have their national identity card but I also witness in the last 3 years I also ask for the passport in 2-3 bounties so far and I failed to provide and lost my rewards.

[therozaq]

Many hunters don't like to provide the KYC because they are concerned about their data that can be misused so they join the campaign only when the admin doesn't ask the KYC but in many bounties, rules changed and they ask for KYC for an uncountable reason. I also feel it doesn't look good when you ask the KYC at the end of the campaign rather than asking in the starting so that those who do not want to provide its KYC will not join the campaign. Yes, majority of the hunter does not have the passport they have their national identity card but I also witness in the last 3 years I also ask for the passport in 2-3 bounties so far and I failed to provide and lost my rewards.

I think the project team should announced this at the beginning of bounty as general rules
I agree with you, bounty hunter prefer to join bounty that didn't ask KYC,
I personally don't like that and worry my private data will be misused by the team projects.

[gotbounty]

I think the project team should announced this at the beginning of bounty as general rules

Yes, it should be. The bounty manager or the team of the project must announce if there will be KYC procedure to claim the reward. So, the participants are already aware of the KYC need. People who agree with that requirement can join, while people don't agree can ignore it.

I agree with you, bounty hunter prefer to join bounty that didn't ask KYC,

For the safety reason, we are better to avoid the bounty with KYC requirement. It is too risky sending our private data to the project team. How if our data will be sold in the black market then. I can't imagine if I find my data there.

[ranaprime]

Now a days most of the project is being scammed, it is very clear that the scammers are very close to us. They are constantly looking for new strategies. KYC is usually done by the client of any projects. But I don’t think that it is not necessary for the hunters according to the current situations? Many of us will not be able to do this correctly due to lack of any documents. Ultimately hunters will face big losses.

[neptunemutual]

I could not understand why you are upset about kyc as now kyc is very rare for bounty hunters and its only for investors. Actually when they launch a project and if their govt give this kind of criteria, they have to quarey KYC as terms and conditions. I think we should take KYC as positive thing so that cheaters can avoid real men in bounty.

Actually, KYC is no problem if it's only for investors with certain goals that are an obligation, but for bounty hunters it will obviously be different, because many don't want KYC because they are just helping. The problem is that if it has been informed from the start that there is KYC, it is clearly not a problem, especially if it is immediately informed that KYC has passed or not, so that it can continue the bounty hunter, but if the information behind it is clear that there are bad intentions, they may not pass it for the purpose of not paying.

Totally agreed. However, projects must properly communicate the guidelines in advance to minimize expectation mismatches. Similarly, in my current experience running an active bounty campaign that does not need KYC, I've seen far too many false accounts that join the bounty without adhering to any of the aforementioned guidelines. They are only there to pollute the waters and create disruption.


The use of bots or bogus accounts in a bounty campaign benefits no one but the fraudsters. Due to the size of our prize, we will discard any invalid and dubious submissions and concentrate only on genuine entries. This increases the chances of ethical bounty hunters winning our bounty challenge.


I can't speak for other projects, but for us, a genuine user (not manufactured just for reward purposes) promoting a project with a genuine account is really welcomed.

[rizqillah]

Now a days most of the project is being scammed, it is very clear that the scammers are very close to us. They are constantly looking for new strategies. KYC is usually done by the client of any projects. But I don’t think that it is not necessary for the hunters according to the current situations? Many of us will not be able to do this correctly due to lack of any documents. Ultimately hunters will face big losses.

Yes ,several projects are scam now.
Success project but not give the rewards as their promising.
Several asked KYC.
So, don't share your private ID there. I think we should learn their team more.
I don't agree about KYC at the end of bounty.
As you said I think they don't need the KYC, but it's just the reason.

[Freemind]

When a project team (something a responsible bounty manager will never do) requests to perform a KYC at the end of the reward, it can be for a number of reasons. One of those reasons may be that the team has had problems with the securities commission of some country. Another reason may be that the team wants to pay a lower amount knowing that few users will be willing to provide their personal information. And another reason may be that the team is not willing to pay and they want to sell the personal information of the participants in the deep web.

[Malam90]

Now a days most of the project is being scammed, it is very clear that the scammers are very close to us. They are constantly looking for new strategies. KYC is usually done by the client of any projects. But I don’t think that it is not necessary for the hunters according to the current situations? Many of us will not be able to do this correctly due to lack of any documents. Ultimately hunters will face big losses.

I also think so. KYC for bounty hunters won't necessary. KYC is necessary for only Investors for the purpose of their policy inaugurate. Hence bounty managers and team can be benefitted form altcoinstalks KYC verified status if they know better its pros and cons. Forum kyc here is safe and good for the crypto community if they think to avoid their extra action. KYC here is verified with 100% personal security and fully legal. So team and bounty managers can be benefitted from kyc here.