KYC at the end of bounty

[Fenix]

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The solution that must be done is of course difficult to do if the bounty has been completed, apart from starting from the beginning, but they know that they will not ask for it at the beginning, because many will not follow.

Yes, I think They should ask at the beginning when bounty will launch not ask at the end of bounty.
It will make participants annoy.
Bounty manager should know about it, Although project team ask KYC.

KYC can be done on investors, but not on bounty hunters. According to the FATF decision of June 21, 2019, KYC is carried out exclusively for the prevention of dirty money laundering and combating the financing of terrorism and only if the transaction amount exceeds one thousand euros. Bounty hunters don’t contribute their money, which means they don’t have to go through KYC.
If the team asks for KYC, this should already be suspicious.

[bitbit97]

KYC in a bounty is pretty much useless thing. Why this should even be needed to pass it? I mean is the project an authorized institution to collect all private data or not. Good point is, un can give out of date documents or put a water mark on a document to prevent its future usage.  Projects are not as strict as exchanges in a question of KYC.

[gurunanakji777]

Yes, this is the prime issue when the KYC gets rejected. They all know better every hunter does not have a passport so rejection for rewards is inevitable. It's not like that in every KYC we ask for the passport only 1-2 bounties where I have been asked to give passport but I failed to provide so lost the reward but BM should state in the starting KYC is must so that if one has not KYC docs will not participate in the bounty to waste their time. Things should be crystal clear for the hunter at the beginning of the campaign later on asking for KYC is not good some says for compliance we need KYC if they need KYC they must know in advance also that they need it so they should ask for KYC in the starting, not at the end of the campaign.

[masterrex]

This OP is from 2018? which are most of the bounty managers are not aware of the feelings with the bounty participants. unlike today most of the bounties have that disclaimer in the Bounty Thread which just in case if something has of change of the rules the participants are already aware because they have agreed on the disclaimer before they have joined the bounty campaign.

[KaliLinux]

This OP is from 2018? which are most of the bounty managers are not aware of the feelings with the bounty participants. unlike today most of the bounties have that disclaimer in the Bounty Thread which just in case if something has of change of the rules the participants are already aware because they have agreed on the disclaimer before they have joined the bounty campaign.

That right there and I believe that this act by Bounty owners is more of a new scan to play centers. Why would a bounty owner put such kind of clause so that at the end of the day they can fall back to that when it comes to KYC and if they are sincere I don't see a reason while you can't just say this in the first go.

[Review]

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.

Agreed with this issues but I think this is not the bounty manager fault but this is team fault. Because most of the time project team change their planning style and different system. And bounty manager has nothing to do in this case but what they can do?  Bounty manager just can listen what the project team said to him or her. But this is bad when they ask for kyc at the time of distribution .

[viki]

All these points should be initially written in the rules, so that a person would understand whether he wants to participate in this project on such conditions or not.

[Manna]

 I believe that applying KYC to bounty participants is superfluous because those who launch their ICO can register their ICO in a jurisdiction where ICO projects are not prohibited and are not subject to the jurisdiction of financial control bodies of USA,

[Freemind]

All these points should be initially written in the rules, so that a person would understand whether he wants to participate in this project on such conditions or not.

You're right, it should be written in the bounty rules, but that's the trick. A team that makes a bounty and knows in advance that they won't pay can use it as an excuse at the end of the bounty. It's simple, "We reserve the right to change the rules", and when the bounty ends, team says KYC is mandatory. That way, when the bounty hunters and the bounty manager ask the team for an explanation, they just have to say "Read the rules".

[Gravatai]

I believe that applying KYC to bounty participants is superfluous because those who launch their ICO can register their ICO in a jurisdiction where ICO projects are not prohibited and are not subject to the jurisdiction of financial control bodies of USA,

Yes, this is true, but it all depends on the purpose of the company and the countries that the project is focused on. I also do not like it when you need to go through KYC, confirm your phone number, place of residence and take tests to receive the tokens earned in the bounty campaign. 😀 I try not to participate in campaigns with a lot of requirements for participants

[cheezcarls]

It’s a big mistake for us in completing KYC just to claim the airdrop and bounty rewards (especially if passport is required and clearly a danger for identity theft). I’ve made a mistake before during my early days of being a bounty hunter, where I have complied in submitting my KYC using my national ID and then all of a sudden they have called off the distribution.

It’s okay to lose the rewards, coz’ our identities are way more important and expensive than that.

[pacar_tiri]

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.

By seeing many opinion here, I think I agree.
That's not fair if the team ask KYC at the end of bounty
I think they are scammers.

[Review]

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.

Some time this is frustrating because most of the bounty hunter don't have NID card or passport something else. Also they work with the target that they will not need any kyc but if the target become wrong, they star to be frustrated.  yah some time project team bring the rule of KYC just to ensure their security. In fact, when a project goes for KYC verification or something else like that many investor start to think that the project will be good in future.

[Google+]

some time ago I often encountered KYC in every existing bounty campaign and in my opinion it is very risky and makes your privacy open, KYC should not need to be done because the data you deposit to project developers can be misused for actions that are not you know.

[dolcefarniente]

As practice shows, many projects that required bounty hunters to provide their personal data ended in complete failure. Therefore, if the organizers initially or during the campaign require to go through the KYC procedure, then I try not to participate in such a bounty.