KYC at the end of bounty

[lepbagong]

Many projects in the ambassador programs immediately warn that you will need to pass KYC to receive tokens. I think it will only get tougher with that

Passing KYC can be applied by the team in relation to investors if the amount of investment exceeds a thousand dollars, but not in relation to participants in bounty campaigns who do not invest in the project. Now KYC is practically not applied to the participants of bounty campaigns, and this should be welcomed. Given the fact that the amount of remuneration for participants in bounty campaigns has fallen very recently, it is unlikely that many on this and other similar forums will agree to provide their identification data and undergo KYC.

actually the implementation of KYC is very visible as a transaction tool to reduce participants from bounty, where indeed they deliberately do that so they can save on gifts to Bounty Hunters. It has been seen that this kind of behavior is often applied even though many have protested, but this application can always be repeated on another occasion, if they really want to be able to reduce payments. so KYC is a tool to take actions that are not commendable to be done and we cannot avoid it, even though now it is not or rarely seen again and it is very likely that one day it will reappear.

[Fenix]

actually the implementation of KYC is very visible as a transaction tool to reduce participants from bounty, where indeed they deliberately do that so they can save on gifts to Bounty Hunters. It has been seen that this kind of behavior is often applied even though many have protested, but this application can always be repeated on another occasion, if they really want to be able to reduce payments. so KYC is a tool to take actions that are not commendable to be done and we cannot avoid it, even though now it is not or rarely seen again and it is very likely that one day it will reappear.

I do not think that KYC can appear, at least in the same volumes. The fact that now new projects practically do not require KYC, indicates that it is not needed and illegal, and you can do without it in relation to participants in bounty campaigns. Now new projects offer such small amounts of rewards that hardly anyone will agree to participate in them. Indeed, in addition to the usual risk of transferring our confidential data, the risk of fraud on the part of the project team will increase, and there are a lot of such opportunities for fraud and non-payment of rewards. The practice of previous KYC confirms this.

[Alichlas92]

I see this is kind of a trap, it's true what the op said, using passports for KYC feels so unfair, not all of us have prior plans to travel abroad and have passports, of course not.

[Afony]

If such projects after the bounty are asked to pass KYC in order not to get caught by scammers, this is a normal solution. It should still be already in the plan of the bounty initially.

[naitik01]

If the project of bounty is not successful then there is no justification for KYC. Due to lack of KYC, people do not even get tokens, in some projects KYC is done after several months after the bounty is over, which is not right for bounty hunters. The KYC may also be correct in the product to some extent.

[Hope4life]

There are some projects that change policies at the end and this sometimes involves KYC which frustrates some people. It's necessary to be careful about submitting your identity because there have been many cases where projects don't paid or even scam.

[Severus Snaoe]

I saw many bounties write that no KYC required. But the basic moto of this if a payment of an individual is coming in an crypto application which is being sponsored or anything then we do KYC. And if the payment of particular bounty is coming in any of the explorers such as bsc, poly etc then we dont need kyc. This is my thought.

[Nestle]

Is it important to do KYC to get bounty rewards? I think it's too risky because it contains from personal data and security for long term. It's best to know the rules before participating or ask if you need KYC or not

[elbans89]

Is it important to do KYC to get bounty rewards? I think it's too risky because it contains from personal data and security for long term. It's best to know the rules before participating or ask if you need KYC or not

Yeah we must be careful to share our personal ID.
It seems drama if the bounty manager or project team ask KYC at the end of bounty campaign.
I think they are scammers, don't follow them.
That's my opinion.

[Alichlas92]

kyc should make it easier and not complicate, of course kyc needs to be done to anticipate scammers.. apart from using a passport, you can also use bills or other personal data as identity. actually many reasons for this problem dev seems to trap hunters.

[lepbagong]

kyc should make it easier and not complicate, of course kyc needs to be done to anticipate scammers.. apart from using a passport, you can also use bills or other personal data as identity. actually many reasons for this problem dev seems to trap hunters.

any intention for goodness should certainly be supported, as you said to select from those who want to cheat, but it should be done from the beginning so that when you don't want to give the data you can avoid it, but what has been so far is dishonest treatment which is done after completion.
dev are sometimes inconsistent in their implementation and this will obviously be detrimental to participants who have already joined, but nowadays it is rarely seen again asking for KYC and hopefully it won't happen again.

[Dora Walletinvestor]

I see this is kind of a trap, it's true what the op said, using passports for KYC feels so unfair, not all of us have prior plans to travel abroad and have passports, of course not.

It's not only passports, though, is it? All KYC verifications I have gone through accept ID cards (as well as drivers' licenses)

[Zezari]

Of course, it is very bad for an autistic person when it was not immediately discussed that they need to go through KYC and at the end of the bounty they demand it. And so it's very good there will be fewer scammers.

[Speaker]

At least we always decide whether to pass kyc or not and how much it is worth it

[gurunanakji777]

In recent times I have not noticed when bounty manager asks to do KYC to get the coins but in the past several bounty manager ask for KYC to get the coins and it's really disappointing when a person is ready to give details but your KYC keep rejecting so things should be clear in the starting of the campaign rather than putting a disclaimer that team can ask for KYC if anything suspicious found so one can not deny providing the KYC.