follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Should ICOs require KYC for Bounty hunters & Airdrops ?  (Read 42270 times)

Offline highnayem34

  • Hero Member
  • *
  • Activity: 889
  • points:
    883
  • Karma: 18
  • Trade Count: (0)
  • Referrals: 3
  • Last Active: December 28, 2022, 04:01:48 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Third year Anniversary 10 Posts First Post
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #45 on: September 05, 2020, 11:31:43 AM »
Some ICOs are now requiring KYC for bounty and airdrop distribution,
The nasty trick is that they keep this crucial information till the end.

But, the real question, Should ICOs require KYC for Bounty hunters & Airdrops ?

Some lawyers are advising ICOs to do that, but is it really necessary ?

What is KYC and when is it needed ?

KYC: Know your customer is the process of a business verifying the identity of its clients and assessing potential risks of illegal intentions for the business relationship.

Quote
The Know Your Client (KYC) rule is an ethical requirement for those in the securities industry who are dealing with customers during the opening and maintaining of accounts. There are two rules which were implemented in July 2012 that cover this topic together: Financial Industry Regulatory Authority (FINRA) Rule 2090 (Know Your Customer) and FINRA Rule 2111 (Suitability). These rules are in place to protect both the broker-dealer and the customer and so that brokers and firms deal fairly with clients.

The Know Your Customer Rule 2090 essentially states that every broker-dealer should use reasonable effort when opening and maintaining client accounts. It is a requirement to know and keep records on the essential facts of each customer, as well as identify each person who has authority to act on the customer’s behalf.

The KYC rule is important at the beginning of a customer-broker relationship to establish the essential facts of each customer before any recommendations are made. The essential facts are those required to effectively service the customer’s account and to be aware of any special handling instructions for the account. In addition, the broker-dealer needs to be familiar with each person who has authority to act on behalf of the customer, and the broker-dealer needs to comply with all the laws, regulations and rules of the securities industry.
source : https://www.investopedia.com/terms/k/knowyourclient.asp

Thus, here we understand clearly that this is applicable when there is an investor / broker relation, but airdrop hunters and bounty hunters are NOT investors, thus i see no reason for ICOs to require KYC from them.

Please share your views below.
It is obviously required to do kyc verification before participating ico, not 4 bounty hunters. But sad reality is most scam project's creating fake ico websites & collecting your documents for misuse.
                  ███▄▄
                  █████▄
                   ▀██▀▀▄██▄
                   ▀███▄▄▀███
                     ▀████▄▀▀ ▄
         ▄▄▄█▄▄ ▀█████▄ ▀██▄ ███
     ▄▄██████████▀▀██████ ▀█████
   ▄██▄ ▀▀▀▀▀█▄▄▄▄▄  ▀▀▀▀▀▄▀█ ▀
 ▄█▀█▄███▄██████▀ ███████▄▄  ▀▀█▄▄▄
████▀▀▀▀▀  ▀▀▀▀    ▀▀▀██▄▄▄▄ ██▄▀▀███▄▄
                   ▄███▀█▄██ ▀███▄▄▀▀█▀▀
                   ▀█▀ ████▀   ████ ▄ ▀███▄
                  ███▀▄▄█▀      ▀█▀███▄▀████
                 ████████          ▀████ ▀█
                 ▀▀███▀              ▀██▄▄▀█
                    ██                   ▀▄▀█
                                           ▀▀

AQUA
TANK
                   ▄▄██
                  ▄█▀▄█
               ▄███ ██▀
              ███▀▄█▄▄
              █▀▄███▀
            ██  ██▀▄▄████  ▄▄
           ███ ██ ██████▄███████▄▄
            █ █▀▄██▀▀▀  ▀▀▀▀▀▀▀▀▀▀█▄
           ▄▄▄▀ ▄▄▄▄▄▄▄▄▀█████  ▄█▀▀█
       ▄▄██▀█▄ ▀█▀█████▀ ▀████▀▄████▄█
     ████▀▄███ █ ▀██▄▄            ▀▀▀▀▀▀
  ▄▄▄▄█▀ ████ ██ ▄▀███▄
 ▄████ ▄ ██▀   ▀███ ▀█▀
 ███▀▄███ ▀      ▀▄▄ ███
 ▄█ ████          ██ ███
▄█ ▄██▀            ▀███▀
█ ▀                 █▀
   

   
▬▬▬▬▬▬▬
Telegram
   
     ▄▄█████▄▄▄
    ████████████▄       ▄▄▄
   ███████████████    ███████▄
   ███████████████▄▄ ▀██   ▀███
    ▀██████▀▀▀██   ██      ▄███
      ▀▀███▄▄▄██████      ▄███▀
      ▄▄▄████████████████████▀
  ▄█████████████████▀▀▀▀▀▀▀  ▀▀██▄
 ████▀     ▄████▀▀███▄▄         ███
███▀      ████▀   ▀▀█████▄▄▄▄▄▄███▀
███       ███    ▄▄▄▄ ▀▀██████▀▀▀
 ███▄▄██  ███▄     ██▄
   ▀▀▀▀    ████▄▄▄▄██▀
            ▀▀█████▀▀
   
      ▄▄██▄▄            ▄▄██▄▄
    ▄██████████▄▄▄▄▄▄██████████▄
   ████  ██████████████████  ████
 ▄███      █████████████  ████  ██
 ██████  █████  ████  █████  ██████
████████████████████████████████████
██████████▀▀▀          ▀▀███████████
████████▀                  ▀███████▀
 ▀████▀                      ▀████▀

..Play game..
   
           ▄▄▄▄▄███▄▄▄
    ▄██▄▄███▀▀▀▀   ▀▀▀▀█▄
    ██████▄
███ ▀▀▀▀  ▄▄▄      ███████▄  ███
█████████████      █████████████
█████████████      █████████████
█████████████      █████████████
█████████████      █████████████
█████████████      █████████████
███▀▀████████      ▀▀▀▀▀▄▄▄▄ ███
▀▀▀   ▀▀▀▀▀▀        ▀▀██████ ▀▀▀
       ▀█▄▄▄     ▄▄▄████▀▀██
          ▀▀▀█████▀▀▀▀
 
Aqua Staking
o   o   o   o   o
 
   
▄▄▄▄▄▄▄▄▄▄▄▄▄▄  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄
███▀▀▀▀▀▀▀▀███  ███▀▀▀▀▀▀▀▀███
███        ███  ███        ███
███        ███  ███        ███
███▄▄▄▄▄▄▄▄███  ███▄▄▄▄▄▄▄▄███
▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀

      ██        ██████████████
      ██        ███        ███
██████████████  ███        ███
      ██        ███        ███
      ██        ██████████████
 
Marketplace
▬▬▬▬▬▬

Altcoins Talks - Cryptocurrency Forum

Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #45 on: September 05, 2020, 11:31:43 AM »

For Monthly biddings Check Here


Offline highnayem34

  • Hero Member
  • *
  • Activity: 889
  • points:
    883
  • Karma: 18
  • Trade Count: (0)
  • Referrals: 3
  • Last Active: December 28, 2022, 04:01:48 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    Third year Anniversary 10 Posts First Post
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #46 on: September 05, 2020, 11:36:23 AM »
In my own perception, Kyc is not necessary for bounties. I remembered during 2017, lots of members in bitcoin talk joined in the ico and got earned a lot without submitting their KYC, and some of ICO by that time required it but in the end, they never give the rewards. In short, submitting KYC in any bounty campaign has a risk involved to be honest with you guys.
I am with your suggestion, In 2017 most of ico was happened without kyc. But today even 4 bounties required kyc like Radix  DLT: https://www.altcoinstalks.com/index.php?topic=162432.0
Most of the bounty hunters is wasting valuable time. Because to get payment, it is impossible u will not receive any single from it.
                  ███▄▄
                  █████▄
                   ▀██▀▀▄██▄
                   ▀███▄▄▀███
                     ▀████▄▀▀ ▄
         ▄▄▄█▄▄ ▀█████▄ ▀██▄ ███
     ▄▄██████████▀▀██████ ▀█████
   ▄██▄ ▀▀▀▀▀█▄▄▄▄▄  ▀▀▀▀▀▄▀█ ▀
 ▄█▀█▄███▄██████▀ ███████▄▄  ▀▀█▄▄▄
████▀▀▀▀▀  ▀▀▀▀    ▀▀▀██▄▄▄▄ ██▄▀▀███▄▄
                   ▄███▀█▄██ ▀███▄▄▀▀█▀▀
                   ▀█▀ ████▀   ████ ▄ ▀███▄
                  ███▀▄▄█▀      ▀█▀███▄▀████
                 ████████          ▀████ ▀█
                 ▀▀███▀              ▀██▄▄▀█
                    ██                   ▀▄▀█
                                           ▀▀

AQUA
TANK
                   ▄▄██
                  ▄█▀▄█
               ▄███ ██▀
              ███▀▄█▄▄
              █▀▄███▀
            ██  ██▀▄▄████  ▄▄
           ███ ██ ██████▄███████▄▄
            █ █▀▄██▀▀▀  ▀▀▀▀▀▀▀▀▀▀█▄
           ▄▄▄▀ ▄▄▄▄▄▄▄▄▀█████  ▄█▀▀█
       ▄▄██▀█▄ ▀█▀█████▀ ▀████▀▄████▄█
     ████▀▄███ █ ▀██▄▄            ▀▀▀▀▀▀
  ▄▄▄▄█▀ ████ ██ ▄▀███▄
 ▄████ ▄ ██▀   ▀███ ▀█▀
 ███▀▄███ ▀      ▀▄▄ ███
 ▄█ ████          ██ ███
▄█ ▄██▀            ▀███▀
█ ▀                 █▀
   

   
▬▬▬▬▬▬▬
Telegram
   
     ▄▄█████▄▄▄
    ████████████▄       ▄▄▄
   ███████████████    ███████▄
   ███████████████▄▄ ▀██   ▀███
    ▀██████▀▀▀██   ██      ▄███
      ▀▀███▄▄▄██████      ▄███▀
      ▄▄▄████████████████████▀
  ▄█████████████████▀▀▀▀▀▀▀  ▀▀██▄
 ████▀     ▄████▀▀███▄▄         ███
███▀      ████▀   ▀▀█████▄▄▄▄▄▄███▀
███       ███    ▄▄▄▄ ▀▀██████▀▀▀
 ███▄▄██  ███▄     ██▄
   ▀▀▀▀    ████▄▄▄▄██▀
            ▀▀█████▀▀
   
      ▄▄██▄▄            ▄▄██▄▄
    ▄██████████▄▄▄▄▄▄██████████▄
   ████  ██████████████████  ████
 ▄███      █████████████  ████  ██
 ██████  █████  ████  █████  ██████
████████████████████████████████████
██████████▀▀▀          ▀▀███████████
████████▀                  ▀███████▀
 ▀████▀                      ▀████▀

..Play game..
   
           ▄▄▄▄▄███▄▄▄
    ▄██▄▄███▀▀▀▀   ▀▀▀▀█▄
    ██████▄
███ ▀▀▀▀  ▄▄▄      ███████▄  ███
█████████████      █████████████
█████████████      █████████████
█████████████      █████████████
█████████████      █████████████
█████████████      █████████████
███▀▀████████      ▀▀▀▀▀▄▄▄▄ ███
▀▀▀   ▀▀▀▀▀▀        ▀▀██████ ▀▀▀
       ▀█▄▄▄     ▄▄▄████▀▀██
          ▀▀▀█████▀▀▀▀
 
Aqua Staking
o   o   o   o   o
 
   
▄▄▄▄▄▄▄▄▄▄▄▄▄▄  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄
███▀▀▀▀▀▀▀▀███  ███▀▀▀▀▀▀▀▀███
███        ███  ███        ███
███        ███  ███        ███
███▄▄▄▄▄▄▄▄███  ███▄▄▄▄▄▄▄▄███
▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀

      ██        ██████████████
      ██        ███        ███
██████████████  ███        ███
      ██        ███        ███
      ██        ██████████████
 
Marketplace
▬▬▬▬▬▬

Offline Marselo

  • Plagiarism strike
  • Baby Steps
  • *
  • Activity: 14
  • points:
    542
  • Karma: -12
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: February 02, 2021, 10:28:43 AM
    • View Profile

  • Total Badges: 7
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #47 on: September 17, 2020, 05:37:29 AM »
 I can understand wanting KYC is they are investing actual money into the ICO, but that's different from bounties and airdrops of course.

Offline petercohen090

  • Baby Steps
  • *
  • Activity: 11
  • points:
    425
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: October 07, 2020, 07:27:42 AM
    • View Profile

  • Total Badges: 6
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #48 on: October 02, 2020, 10:59:02 AM »
Yes ICOs require KYC for bounty hunters and airdrops. Its for the security purposes.

Offline Freemind

  • Moderator
  • Mythical
  • *
  • *
  • *
  • *
  • *
  • *
  • Activity: 9321
  • points:
    337498
  • Karma: 620
  • Mixero: Privacy by XMR (Monero) bridge
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: Today at 09:42:07 PM
    • View Profile

  • Total Badges: 25
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #49 on: December 18, 2020, 02:28:46 PM »
For me it would be perfect, but cheats who abuse with multiple accounts would not like. I understand that KYC makes many people do not want to participate in bountis for example, and there would be few users promoting a project, but that project would have the best and most loyal.

Right now I am thinking of something like a "central registry" of users who have passed KYC or some kind of verification, and that only those users could participate in bounties in this forum. I know it's crazy, but dreaming is free (for now).
░░░░░░░░░░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░██████░░░░░░░░█████████████
░░░░░░░░░░░░░░░░░█████████████
░░░░░░█████████░░█████████████
░░░░░░█████████
░░░░░░█████████
░░░░░░█████████░░░░█████████
░░░░░░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
████░░░░░░░░░░░░░░█████████
██████████████████████████████
█████████▀▀███▀▀░░▀▀▀█████████
███████▀░░█▀░░░░▄▄▄▄▄▄▄███████
██████░░░██░░▄█▀▀░░░░░▀▀██████
█████░░░░█░░███████▄▄▄░░░▀████
███░██░░░█▄████████▄░▀█▄░░░███
███░░██░░░███████████░░▀█▄░███
████░░▀██▄▄████████░██░░░█▄███
█████░░░░░▀▀▀▀▀▀██░░██░░░█████
███████▄▄▄▄▄▄▄█▀░░░▄█░░░██████
████████▀▀▀▀░░░░░░██░░▄███████
██████████▄▄▄▄▄████▄██████████
██████████████████████████████
██████████████████████████████████████████████████████████████████████████████████
.
MIXERO.IO
.
██████████████████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
..
..
..
..
..
..
..
..
██████████████████████████████
███████▀▀██░▀█████████████████
████████░░█░█▀▀░██████████████
████████░░▀░░░▄███████████████
██████▀░░░░░░░░░▀██████░▀█████
████▀░░░░░░░░░░░░░██▀▀█▄░░████
████░░░░░░░░░░░▄████▄░▀██░░███
████░░░░░░░░░▄██▀░▄██░░██░░███
█████░░░░░░▄██▀████▀░░██░░████
███████▄▄▄████▄░░░░▄██▀░░█████
███████████░░▀▀▀██▀▀▀░░▄██████
██████████████▄▄▄▄▄▄██████████
██████████████████████████████
..
..
..
..
████
██
██
██
██
██
██
██
██
██
██
██
████
██████████████████████████████████████████████████████████████████████
.
MIX.NOW
.
██████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
█████████████
█████████████
░░░░░░░░░██████
█████████████░░░░██░░░██████
█████████████░░░░░░░░░██████
█████████████
█████████████░░█████████
░░░░░░░░░░░░░░░█████████
░░░░░░░░░░░░░░░█████████
░░█████████░░░░█████████
░░█████████
░░█████████░░░██░░░░░░░░░░████
░░█████████░░░░░░░░░░░░░░░████

Offline juv3ntus1

  • Sr. Member
  • *
  • Activity: 646
  • points:
    7443
  • Karma: 7
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: November 15, 2021, 11:53:45 PM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #50 on: December 30, 2020, 01:20:59 PM »
No because the reward from the bounty or aidrop are very low and most of the people are not accept to make the kyc for low payment.
Bistroo.io
   ★
Bistroo gives control back to
business owners and consumers
.
  ★
▄▄█████████▄▄
▄█████████████████▄
▄████     █ ▀█████████▄
▄█████     █   ▀████████▄
▄██████  ▀▀ █     ▀███████▄
███████     █▄▄▄▄▄▄▄███████
███████  ▄▄▄▄▄▄▄▄▄  ███████
███████  ▄▄▄▄▄▄▄▄▄  ███████
▀██████  ▄▄▄▄▄▄▄▄▄  ██████▀
▀█████  ▄▄▄▄▄▄▄▄▄  █████▀
▀████             ████▀
▀█████████████████▀
▀▀█████████▀▀
▄▄█████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄████████████████▀▀█████▄
▄████████████▀▀▀    ██████▄
████████▀▀▀   ▄▀   ████████
█████▄     ▄█▀     ████████
████████▄ █▀      █████████
▀████████▌▐       ████████▀
▀████████ ▄██▄  ████████▀
▀█████████████▄███████▀
▀█████████████████▀
▀▀█████████▀▀
▄▄█████████▄▄
▄█████████████████▄
▄████████ ██ █████████▄
▄█████▀▀▀▀ ▀▀ ▀▀████████▄
▄███████▄   ▄▄▄▄  ▀███████▄
█████████   ████   ████████
█████████         ▀████████
█████████   ████    ███████
▀███████▀   ▀▀▀▀   ▄██████▀
▀█████▄▄▄▄ ▄▄ ▄▄▄███████▀
▀████████ ██ █████████▀
▀█████████████████▀
▀▀█████████▀▀
██████████
██
██
██
██
██
██
██
██
██
██
██
██████████
.
SIGNUP NOW
██████████
██
██
██
██
██
██
██
██
██
██
██
██████████

Offline MrSpasybo

  • Moderator
  • Jedi
  • *
  • *
  • *
  • *
  • *
  • *
  • Activity: 15531
  • points:
    139749
  • Karma: 724
  • Premium Bitcoin Mixer
  • Trade Count: (0)
  • Referrals: 106
  • Last Active: Today at 09:06:40 PM
    • View Profile

  • Total Badges: 32
    Badges: (View All)
    15000 Posts Sixth year Anniversary Fifth year Anniversary
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #51 on: January 31, 2021, 11:32:48 PM »
I don't think I am willing to do KYC and hand over my personal information to a certain project without knowing its feasibility and exchange a few dollars in the project's token. Recently a project, PayFrequent, also required airdrop hunters to complete KYC in order to receive $10 in PAYF tokens, however the project team then disappeared.
And I think all information about those airdrop hunters is being misused.
█████████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
██████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████████████████████
█████████████████████████████████████████████████████████████████████████████
.
MixTum.io
.
█████████████████████████████████████████████████████████████████████████████
█████
██
██
██
██
██
██
██
██
██
██
██
█████
.
▀▄ Premium Bitcoin Mixer ▄▀
█████
██
██
██
██
██
██
██
██
██
██
██
█████
███████████████████████████████████████████████████████████████
.
MIX FREE
Up to 1mBTC
.
███████████████████████████████████████████████████████████████
█████
██
██
██
██
██
██
██
██
██
██
██
█████
████████████████████████
█████████████▀▀████████
████████████▀▄█████████
██████████▀▌▄██████████
██████████▌███████████
█████████▀▄███▀████████
██████▀▄▄██████▀███████
█████▀▄█▀▄████████████
██████▀▄█▌▐████▐█████
█████▌▐█▀▌▐█████▐█████
██████████████▄██████
███████▄██████▄████████
████████████████████████

Altcoins Talks - Cryptocurrency Forum

Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #51 on: January 31, 2021, 11:32:48 PM »


Offline Sammy9ce

  • Full Member
  • *
  • Activity: 308
  • points:
    11891
  • Karma: 15
  • Beyond Protocol Street Team
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: July 10, 2023, 07:08:14 PM
    • View Profile

  • Total Badges: 15
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #52 on: March 02, 2021, 07:49:17 PM »
Some ICOs are now requiring KYC for bounty and airdrop distribution,
The nasty trick is that they keep this crucial information till the end.

But, the real question, Should ICOs require KYC for Bounty hunters & Airdrops ?

Some lawyers are advising ICOs to do that, but is it really necessary ?

What is KYC and when is it needed ?

KYC: Know your customer is the process of a business verifying the identity of its clients and assessing potential risks of illegal intentions for the business relationship.

Quote
The Know Your Client (KYC) rule is an ethical requirement for those in the securities industry who are dealing with customers during the opening and maintaining of accounts. There are two rules which were implemented in July 2012 that cover this topic together: Financial Industry Regulatory Authority (FINRA) Rule 2090 (Know Your Customer) and FINRA Rule 2111 (Suitability). These rules are in place to protect both the broker-dealer and the customer and so that brokers and firms deal fairly with clients.

The Know Your Customer Rule 2090 essentially states that every broker-dealer should use reasonable effort when opening and maintaining client accounts. It is a requirement to know and keep records on the essential facts of each customer, as well as identify each person who has authority to act on the customer’s behalf.

The KYC rule is important at the beginning of a customer-broker relationship to establish the essential facts of each customer before any recommendations are made. The essential facts are those required to effectively service the customer’s account and to be aware of any special handling instructions for the account. In addition, the broker-dealer needs to be familiar with each person who has authority to act on behalf of the customer, and the broker-dealer needs to comply with all the laws, regulations and rules of the securities industry.
source : https://www.investopedia.com/terms/k/knowyourclient.asp

Thus, here we understand clearly that this is applicable when there is an investor / broker relation, but airdrop hunters and bounty hunters are NOT investors, thus i see no reason for ICOs to require KYC from them.

Please share your views below.
I don't think KYC is necessary for bounty hunters, this days the young ones have more influence in social media and many has no drivers license or valid I'd and some are scared of sharing identity to unknown sights. That doesn't me a you won't give them the job to help advertise your project, as far as I know your aim is the fame and awareness of the project and hunters just need their reward.
The KYC should be for the customers or investors in that case.
█ █                 HODLΞRS NΞTWORK     │    Wallet ID Based on Network                 █ █
|   WHITEPAPER   |   TELEGRAM   |     TWITTER     |     MEDIUM     |    BSCSCAN    |
▬▬▬▬▬▬▬▬▬▬▬  ▬▬  Powered by BOUNTY DETECTIVE  ▬▬  ▬▬▬▬▬▬▬▬▬▬▬

Offline bitcoin-shark

  • Hero Member
  • *
  • *
  • Activity: 1192
  • points:
    16
  • Karma: 13
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 27, 2024, 08:49:37 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    Third year Anniversary Second year Anniversary Search
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #53 on: March 06, 2021, 08:50:36 PM »
in my opinion it is a useless verification, no ico / bounty should request it or at least do the kyc verification only for investors but that is not managed by the organizers / team of the ico but by an external trusted company, for the bounty hunters i do not see its usefulness

Offline Rehan Zakir

  • Plagiarism strike
  • Member
  • *
  • Activity: 113
  • points:
    4591
  • Karma: -3
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 04, 2021, 06:42:20 AM
    • View Profile

  • Total Badges: 9
    Badges: (View All)
    10 Posts First Post Second year Anniversary
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #54 on: April 20, 2021, 01:52:23 PM »
Most of the ICO's and Airdrop requires the user KYC for verification. But there are many scam projects in the crypto market that runs the airdrop for stealing user information. So, do not give your private information with fake project. Must study the project before submitting the KYC.

Offline Scorpio-RebelliousTV

  • Baby Steps
  • *
  • Activity: 23
  • points:
    998
  • Karma: 1
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 18, 2023, 11:06:11 AM
    • View Profile

  • Total Badges: 6
    Badges: (View All)
    One year Anniversary Topic Starter Karma
Re: Should ICOs require KYC for Bounty hunters & Airdrops ?
« Reply #55 on: August 13, 2022, 05:20:22 PM »
Many ICO project are simply scam and I think it is quite dangerous if they use your KYC documents for doing something illegal after getting your KYC documents. The risks seems to be too huge for giving away your KYC documents to strangers online.

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod