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Author Topic: KYC at the end of bounty  (Read 28402 times)

Offline codehash

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Re: KYC at the end of bounty
« Reply #210 on: December 30, 2021, 12:42:36 AM »
I do not participate in bounty programs that require KYC. Because it is not correct for me to provide my credentials for the token. I don't do this. They must be specified from the very beginning. Otherwise, I would think that they are malicious.

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Re: KYC at the end of bounty
« Reply #210 on: December 30, 2021, 12:42:36 AM »

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Re: KYC at the end of bounty
« Reply #211 on: December 30, 2021, 03:09:44 AM »
It is not right to ask for kyc at the end of a bounty. If kyc is compulsory, it should be said at the beginning of the bounty campaign. Because many times some countries do not allow. So they do not complete kyc. As a result, they will know it at the beginning.
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Offline Cakra bumi212

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Re: KYC at the end of bounty
« Reply #212 on: December 31, 2021, 02:22:46 AM »
Most ask for KYC at the end of the reward and close to payout for reasons like bots or multiple accounts.
which in the end many of us fail in the process because we don't have documents like passports to back it up or for privacy reasons we don't want to be misused later.
[

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Re: KYC at the end of bounty
« Reply #213 on: January 01, 2022, 01:48:26 AM »
Most ask for KYC at the end of the reward and close to payout for reasons like bots or multiple accounts.
which in the end many of us fail in the process because we don't have documents like passports to back it up or for privacy reasons we don't want to be misused later.
this is one of Dev's wits and deception, of the various ways to be able to do things for his benefit. so that the prizes to be distributed will be smaller and they will hope that there is an excess or maybe hope that the price does not go down because after distribution, bounty hunters usually sell immediately.

It is clear that if the participants are informed at the end, there will be a dilemma for the participants because there are many considerations that can occur and do not need to be published. but the KYC trick is one of many actions that can be done, but seems to be very effective in getting many participants to quit.
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Offline KryptoBull

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Re: KYC at the end of bounty
« Reply #214 on: January 01, 2022, 02:47:06 AM »
Sometimes this is really a big deal for hunters, it would have been more acceptable if BM had announced it at the beginning of the bounty campaign. Sometimes some projects still distribute tokens to a CEX, then hunters need to do KYC on that CEX to be able to trade tokens. Hunters should look into similar cases.
I don't like KYC in bounty campaign

Offline Erdeje18

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Re: KYC at the end of bounty
« Reply #215 on: January 02, 2022, 07:28:36 AM »
kyc at the end of the bounty is very detrimental to bounty hunters.
because not everyone wants to share their personal account with others, for fear of being misused

Offline KaliLinux

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Re: KYC at the end of bounty
« Reply #216 on: January 02, 2022, 09:27:29 AM »
I do not participate in bounty programs that require KYC. Because it is not correct for me to provide my credentials for the token. I don't do this. They must be specified from the very beginning. Otherwise, I would think that they are malicious.
Right, you can know this if they specified it from the beginning, and of cause, they will not do this because they understand that most bounty hunters will not promote that bounty because of those KYC requirements plus they like to use Bounty hunters and do not want to pay because they also understand that some hunters will not want to do the KYC and neglect the pay altogether, so as far as I am concerned, this is anther form of scamming bounty hunters.

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Re: KYC at the end of bounty
« Reply #216 on: January 02, 2022, 09:27:29 AM »


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Re: KYC at the end of bounty
« Reply #217 on: January 02, 2022, 10:54:00 AM »
In some cases I might consider passing KYC after bounty end, but the reward value must be really worth passing. But this must be a light version of KYC, document scan is a max, and hunter must have a chance to upload documents several times. Not like "KYC not passed and goodbye".
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Re: KYC at the end of bounty
« Reply #218 on: January 02, 2022, 11:16:34 AM »
kyc at the end of the bounty is very detrimental to bounty hunters.
because not everyone wants to share their personal account with others, for fear of being misused

Offline Hisbullah

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Re: KYC at the end of bounty
« Reply #219 on: January 02, 2022, 11:59:45 AM »
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 personally didn't like to fill KYC for bounty or airdrop.
I just do KYC at presale and exchange.
Do KYC at the end of bounty, It's scam.
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Offline Freemind

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Re: KYC at the end of bounty
« Reply #220 on: January 02, 2022, 12:01:13 PM »
In some cases I might consider passing KYC after bounty end, but the reward value must be really worth passing. But this must be a light version of KYC, document scan is a max, and hunter must have a chance to upload documents several times. Not like "KYC not passed and goodbye".

"KYC not passed and goodbye" is something that unfortunately many "teams" put into practice, especially those that end up being scammers, or are so beforehand. In this way they make the participants believe that they will not receive their payment due to "problems" with their official documents. Therefore, the team does not pay and also has private information of the participants, being able to sell that information on the black market, as we have seen on occasion.
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Offline saprakib

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Re: KYC at the end of bounty
« Reply #221 on: January 02, 2022, 12:59:06 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.
Its not a mandatory issue for all bounty .The problem usually happen when after completing bounty team ask for kyc .This will be a huge harassment for bounty hunter .So that before joining bounty you wil need to ask the team if they need kyc when start distribution .Some of the bounties ask kyc and most of the hunter fail to complete cause they don't have passport except NID .So i just wanna draw attention to the Manager they should clear the issue before starting bounty .I wanna say to the bounty hunter as well you need to be clear it before joining a bounty .
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Offline cheezcarls

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Re: KYC at the end of bounty
« Reply #222 on: January 02, 2022, 01:42:07 PM »
I am totally against it. I understand that certain projects have their own reasons for KYC to avoid identity theft and fraud. But for bounty hunting, it’s not practical to perform KYC in their platforms (especially if they are requiring passports that would be very risky). Even if I have participated in that campaign and they require KYC, I choose to forfeit all of my stakes and rewards for the sake of my identity. 

Our identities are much more expensive than what we have in our bank accounts. I am okay with KYC if we’re talking about top tiers like Binance, KuCoin, OKEx, etc. 
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Offline densus88

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Re: KYC at the end of bounty
« Reply #223 on: January 02, 2022, 01:51:09 PM »
Even if I have participated in that campaign and they require KYC, I choose to forfeit all of my stakes and rewards for the sake of my identity. 

Our identities are much more expensive than what we have in our bank accounts. I am okay with KYC if we’re talking about top tiers like Binance, KuCoin, OKEx, etc.

Me too, I always do KYC in exchange as you said binance, Kucoin,Okex but not for bounty campaign.
I think It doesn't have relationship between bounty and KYC.
I will forget this, and join other bounty.
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Offline Zezari

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    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: KYC at the end of bounty
« Reply #224 on: January 02, 2022, 02:28:16 PM »
Some projects, after completion, had such a habit to confirm their identity in order to receive project tokens, as if they were sifting out the distribution of coins for participation. If the project is attractive and they are working on it, you can go through KYC to get tokens.
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