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Author Topic: KYC at the end of bounty  (Read 28826 times)

Offline ayatoslaw

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Re: KYC at the end of bounty
« Reply #60 on: October 12, 2020, 01:50:50 PM »
I think the use of KYC is less effective. Many bounty hunters have finally avoided KYC.
~snip~
It's not because it's ineffective, but because the KYC that is done is sometimes not in accordance with the prizes they get, that's why most bounty hunters are selective when choosing projects,
and other reasons because of data theft, personal data is vulnerable to being traded to third parties, and this is another risk that bounty hunters must consider when joining a campaign that requires KYC.

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Re: KYC at the end of bounty
« Reply #60 on: October 12, 2020, 01:50:50 PM »

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Offline gunhell16

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Re: KYC at the end of bounty
« Reply #61 on: October 12, 2020, 03:37:00 PM »
This has been one of the pressing issues which need 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 a 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 the failure of meeting KYC requirements. This is not fair.

Most of the new project campaigns always announced to their bounty thread that KYC is not required but once the campaign is finished they will require it all of a sudden to all their bounty hunters who joined in the campaign. Actually, this was really annoying and it happened most often in most of the campaign projects even up to the present.
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Offline Malam90

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Re: KYC at the end of bounty
« Reply #62 on: October 12, 2020, 04:11:55 PM »
KYC in bounty is a rubbish system. Crypto is a autonomous trend but why there will be kyc in bounty after bounty ended. KYC takers steal information and sell in the other purposes which is very risky for the bounty hunters. So bounty hunters should avoid kyc bounty, and bounty managers should take bounty payment first from the team so that the team can't cheat the bounty hunters.

Offline Rafiq

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Re: KYC at the end of bounty
« Reply #63 on: October 12, 2020, 07:10:06 PM »
I personally do not support KYC in terms of grace. Many bounty projects do not talk about KYC at the beginning, but please do KYC at the end; Which seems like torture for bounty hunters. In addition, for KYC pass, one has to give various sensitive information including NID, passport which can be harmful for the person.
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Re: KYC at the end of bounty
« Reply #64 on: October 12, 2020, 07:35:17 PM »
This is the most hateful thing in my bounty participation.
Imagine that the developer is not capable of giving a one time decision right from the start for the bounty hunters. Such will just give us a clue that something's wrong behind the change that has been made.

Offline Riya143

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Re: KYC at the end of bounty
« Reply #65 on: October 12, 2020, 09:21:33 PM »
The KYC issue is good for every bounty campaign. But to do kyc you have to say any project at the beginning of the bounty campaign. Because of this Bounty Hunters feel confused. Later if KYC is given in any bounty then many users forget to kyc. So I think the project team has to make an announcement in advance.
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Offline CryptoYar_

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Re: KYC at the end of bounty
« Reply #66 on: October 12, 2020, 10:26:06 PM »
I agree with you, the issue is that Bounty managers always lie, and ask for a KYC at the end of the bounty. The excuse is made that it is necessary to catch cheaters. In fact, they have to achieve our secret information.

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Re: KYC at the end of bounty
« Reply #66 on: October 12, 2020, 10:26:06 PM »


Offline Debasco

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Re: KYC at the end of bounty
« Reply #67 on: October 12, 2020, 10:37:19 PM »
Though have not participated in such bounty, but to me rules and regulation of bounty suppose to be specify at the beginning of the bounty so any additional rules should be kick against i.e should not be accepted by hunters
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Re: KYC at the end of bounty
« Reply #68 on: October 13, 2020, 08:35:45 AM »
The KYC issue is good for every bounty campaign. But to do kyc you have to say any project at the beginning of the bounty campaign. Because of this Bounty Hunters feel confused. Later if KYC is given in any bounty then many users forget to kyc. So I think the project team has to make an announcement in advance.
For bounty hunters, KYC is illegal anyway and there is nothing positive about it. In most cases, KYC was used by the ICO team in order to avoid paying us the earned tokens if possible. Teams generally do not know where to store and what to do next with the collected confidential information. In fact, they don't need such information at all.
As a general rule, its collection and storage is allowed only for the purpose of preventing money laundering and combating the financing of terrorism. It has nothing to do with bounty hunters.

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Offline expander

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Re: KYC at the end of bounty
« Reply #69 on: October 13, 2020, 08:46:40 AM »
Actually, with KYC the purpose is for the security system, but I myself feel insecure. Because there is a lot of negative news about this KYC. So I think the use of KYC is somewhat less effective.

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Re: KYC at the end of bounty
« Reply #70 on: October 13, 2020, 11:50:12 AM »
I really dislike kyc at the end of bounties, because have lost alot of token since I couldn't pass their kyc, most times the bounty owners won't mention it at the beginning of the bounty campaign, then after you have worked your ass out to complete the tasks, on the last day they will just announce that kyc is needed for the bounty hunters to receive their tokens, it's really frustrating.
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Re: KYC at the end of bounty
« Reply #71 on: October 13, 2020, 12:12:01 PM »
Of course, I agree with this, but unfortunately, too many scammers are now creating cryptocurrency companies and we are promoting these cryptocurrency companies and we hope to get at least something with this cryptocurrency companies, but when it comes time to pay bounty hunters, various problems immediately begin and often kyc procedure is introduced.
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Re: KYC at the end of bounty
« Reply #72 on: October 13, 2020, 11:51:51 PM »
KYC is something harmful. We do not know how safe and secure our data. In bounty, it is a dilemma to fulfil KYC or not because if we do not KYC we will never accept the rewards. but if it is for KYC< it is harmful because there may be stolen data. So, better to check again whether it needs KYC or not
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Re: KYC at the end of bounty
« Reply #73 on: October 14, 2020, 05:13:21 PM »
I do not agree with this kind of thing because this is a fraud at the beginning of the event from Bounty.
If there is KYC, it should be told from the start and it makes more sense because of transparency.

We are members in various forums to develop the project, if we are tricked into KYC problems, which investor will believe in the project if for Bounty alone, it is deceiving.

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Re: KYC at the end of bounty
« Reply #74 on: October 14, 2020, 05:25:06 PM »
I agree with you, the issue is that Bounty managers always lie, and ask for a KYC at the end of the bounty. The excuse is made that it is necessary to catch cheaters. In fact, they have to achieve our secret information.

Sometimes we should not put the blame to Bounty Manager shoulder because it wasn't their intention to cheat hunters. The project CEO is the responsible to implement some changes but managers could not resist the Boss command. If they cheat hunters and stolen the tokens, it means they don't know hurts and no conscience to fellow human. However things will rebound in the right season.

 

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