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Author Topic: KYC at the end of bounty  (Read 28738 times)

Offline Absolutep

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Re: KYC at the end of bounty
« Reply #45 on: September 02, 2020, 11:13:14 AM »
Most campaigns now do right at the beginning of their campaign that kyc might be request at the discretion of the dev and team of the project, in such case if kyc is requested at the end of the campaign, I think that is fair enough but in case if hunters do not have prior notice then it is unfair.

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Re: KYC at the end of bounty
« Reply #45 on: September 02, 2020, 11:13:14 AM »

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Offline ryap12

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Re: KYC at the end of bounty
« Reply #46 on: September 02, 2020, 12:15:16 PM »
I am into bounties where KYC is required. This actually helps a lot of scammers to stay away from it. I saw projects have been destroyed because of bounty f*cking scammers. What they do is that they sold all their loots once the token/coin gets listed. Even only a small percentage is allocated for the bounty, majority of the immediate sellers are bounty participants.
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Offline Ten Ryuu

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Re: KYC at the end of bounty
« Reply #47 on: September 02, 2020, 12:29:13 PM »
I am into bounties where KYC is required. This actually helps a lot of scammers to stay away from it. I saw projects have been destroyed because of bounty f*cking scammers. What they do is that they sold all their loots once the token/coin gets listed. Even only a small percentage is allocated for the bounty, majority of the immediate sellers are bounty participants.

Lol, can you define what scammer is?  How can a bounty hunter scam a project when he is the one doing the work?  And where is the point of scamming in selling your own token?  It is the right of every holder.  Now you are saying selling your own token is scamming people?  I cannot comprehend your sense of reasoning.

Look at the picture.

Where is scamming in this presentation..

Bounty hunter apply
Bounty hunter is accepted
Bounty hunter do the work
Bounty hunter got paid with token
Bounty hunter sell his own token

and you are thinking that selling his own token is scamming the project?

Offline Istiak

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Re: KYC at the end of bounty
« Reply #48 on: September 02, 2020, 02:05:03 PM »
I do not think they should implement KYC. Because all the bounty is not legit and spammers will take advantage of the situation and promote fake bounty and ask for KYC data and sell it. There is another way for eliminating multi-users and that is by paying directly in the exchange. List your token in an exchange and ask for an exchange deposit address.
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Offline labonikhatun

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Re: KYC at the end of bounty
« Reply #49 on: September 02, 2020, 03:10:40 PM »
kyc should usually be shut down. Most of the time these are scams and hacking IDs with personal information. There are many bounty campaigns that spread fake news. No need to kyc later on reliable sites for exchange. Many are traded securely except kyc. Therefore, it is better to stay away from kyc sites.

Offline Senin

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Re: KYC at the end of bounty
« Reply #50 on: October 10, 2020, 06:09:02 PM »
I hope that no KYC will be required from bounty hunters in the future, since it is illegal. It should be remembered that KYC is used only for the prevention of money laundering and combating the financing of terrorism. “Know your customer” is not to be taken literally. In fact, it means "know whose money you are taking." Participants in bounty campaigns do not invest their funds, and therefore do not have to go through KYC.

Offline Blaze

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Re: KYC at the end of bounty
« Reply #51 on: October 11, 2020, 05:50:41 PM »
kyc should usually be shut down. Most of the time these are scams and hacking IDs with personal information. There are many bounty campaigns that spread fake news. No need to kyc later on reliable sites for exchange. Many are traded securely except kyc. Therefore, it is better to stay away from kyc sites.
well, I really agree because with the KYC system it can provide security for the exchange so that developers can find out who owns the account.

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Re: KYC at the end of bounty
« Reply #51 on: October 11, 2020, 05:50:41 PM »


Offline Lorix

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Re: KYC at the end of bounty
« Reply #52 on: October 11, 2020, 06:08:26 PM »
Of course it's stressful for Bounty Hunters. Because at the beginning of the campaign of the project it should be said that if you want to join the project, you have to do kyc. So it must later confuse the grace hunters. So kyc is good but it should be said at the beginning. Because there are many users who don't know if there is kyc. They stay until they work on the project. But later they did not keep any news. Because they run after work. So kyc should be mentioned at the beginning of the project's campaign.

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Re: KYC at the end of bounty
« Reply #53 on: October 11, 2020, 08:03:17 PM »
KYC at the beginning of the bounty, I'm lazy to do it, especially when it's KYC at the end of the bounty, I will definitely leave it.  But this KYC rule should have been implemented at the beginning, so as not to confuse bounty hunters.  If there is a case like this then in my opinion this is the way the team did it because they actually objected to paying the Bounty participants.

Offline H2O

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Re: KYC at the end of bounty
« Reply #54 on: October 11, 2020, 10:23:46 PM »
I don't fully support kyc at all because kyc is a systematic process of selecting real person very good but sometimes scammers steal our personal information and database. Clipx a good example of scams and scamming.

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Re: KYC at the end of bounty
« Reply #55 on: October 11, 2020, 11:45:20 PM »
Doing KYC for bounty is actually dangerous. Sometimes, it has been done but we do not get any coin. This is a scam that gains our wor to promote the project freely and also get our ID.
Therefore, before submitting the KYC, we must ensure whether the project is legit.

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Re: KYC at the end of bounty
« Reply #56 on: October 11, 2020, 11:57:00 PM »
I think it is better to avoid KYC as long as you can. Do the KYC procedure on the bounty isn't a good idea. The team members probably take advantage of the situation. But in fact, this may happen because the team members know bounty hunters need money.

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Re: KYC at the end of bounty
« Reply #57 on: October 12, 2020, 03:55:17 AM »
kyc should usually be shut down. Most of the time these are scams and hacking IDs with personal information. There are many bounty campaigns that spread fake news. No need to kyc later on reliable sites for exchange. Many are traded securely except kyc. Therefore, it is better to stay away from kyc sites.
well, I really agree because with the KYC system it can provide security for the exchange so that developers can find out who owns the account.
I totally agree with what you say because everything requires clear information so that it can minimize theft and anonymized assets.

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Re: KYC at the end of bounty
« Reply #58 on: October 12, 2020, 04:29:43 AM »
I think the use of KYC is less effective. Many bounty hunters have finally avoided KYC. Because it does require a passport and not all bounty hunters have. Moreover, the information provided is also very complete and this could be an opportunity for the data we provide to sell. Very scary.
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Offline flyaccount

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Re: KYC at the end of bounty
« Reply #59 on: October 12, 2020, 01:25:43 PM »
KYC actually functions as a safety system. However, currently projects with KYC are being avoided a lot. Because it is very dangerous that data sales will occur. I myself also don't agree with the KYC.
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