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Author Topic: Bounty and KYC, any benefits?  (Read 24079 times)

Offline Ciamale

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Re: Bounty and KYC, any benefits?
« Reply #45 on: January 27, 2019, 06:38:12 PM »
It is quite difficult to talk about the pros and cons of bounty, especially in a period when there is virtually no payment.

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Re: Bounty and KYC, any benefits?
« Reply #45 on: January 27, 2019, 06:38:12 PM »

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Offline keyz

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Re: Bounty and KYC, any benefits?
« Reply #46 on: January 27, 2019, 11:27:50 PM »
In my opinion, it will depend on your position.
Yeah, I think I will still fulfill the KYC process if there are big reward amount that I can gain. But, if I only get the small amount, why should put the risks of sending my document for small price?

Offline Celen

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Re: Bounty and KYC, any benefits?
« Reply #47 on: January 30, 2019, 02:08:51 PM »
KYC was created exclusively for the project to enter the markets of America and Europe, where the identification of the investor is required.

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Re: Bounty and KYC, any benefits?
« Reply #48 on: January 30, 2019, 02:11:49 PM »
It is quite difficult to talk about the pros and cons of bounty, especially in a period when there is virtually no payment.

KYC process is implemented to prevent from fraudsters and cheaters. I don't refuse this process if it can be worth for us. I mean we can get proper amount of money from the bounties. Because many projects only need our KYC and give us cents.

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Re: Bounty and KYC, any benefits?
« Reply #49 on: January 30, 2019, 02:12:49 PM »
Actually, the use of KYC for bounty is very not suitable. KYC in my opinion it is only for the customers. We help them to promote and not a buyer. Well, but many ICOs right know obligate us to send the ID to fulfill the KYC process. I personally feel very afraid to send my ID because it is too risky.
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Offline stewardess

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Re: Bounty and KYC, any benefits?
« Reply #50 on: January 30, 2019, 02:21:45 PM »
The only benefit for me from the bounty is a payment for the work. Now they stopped paying money at all.

Offline araalfaris

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Re: Bounty and KYC, any benefits?
« Reply #51 on: January 30, 2019, 02:51:24 PM »
Actually, the use of KYC for bounty is very not suitable. KYC in my opinion it is only for the customers. We help them to promote and not a buyer. Well, but many ICOs right know obligate us to send the ID to fulfill the KYC process. I personally feel very afraid to send my ID because it is too risky.

not only you, but I was also afraid to send my personal data. afraid they abuse. because personal data can do anything. we must refuse not to send kyc. and we must be firm.
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Re: Bounty and KYC, any benefits?
« Reply #51 on: January 30, 2019, 02:51:24 PM »


Offline shadowdio

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Re: Bounty and KYC, any benefits?
« Reply #52 on: January 30, 2019, 03:06:26 PM »
there is no benefits with the KYC they just want you to do that if you are really not cheating their bounty. It is risky to submit your KYC to them because your information can use it for criminal activities.

Offline opaopa34

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Re: Bounty and KYC, any benefits?
« Reply #53 on: January 30, 2019, 04:05:08 PM »
I am not afraid of KYC. I have nothing to fear. I am not a terrorist and do not launder money. KYC  afraid  someone who has something to hide.

Offline Monkey

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Re: Bounty and KYC, any benefits?
« Reply #54 on: February 02, 2019, 04:57:43 PM »
KYC and bounty have only such advantages as the ability to control and develop ICO. Now it is very necessary for us.

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Re: Bounty and KYC, any benefits?
« Reply #55 on: February 02, 2019, 10:09:10 PM »
The KYC check, since it should be done to prevent dirty money laundering, should be carried out only for large investors in ICO projects and large traders on stock exchanges. In relation to other participants of the cryptocurrency market, its holding is not only unwise, but also detrimental to the normal functioning of the cryptocurrency. In the case of bounty hunters, KYC checks are illegal, as we are not investors.

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Re: Bounty and KYC, any benefits?
« Reply #56 on: February 02, 2019, 10:54:08 PM »
I think there's a big benefits in doing kyc in the crypto investment in order for different crypto industry to know their customers to avoid too much scamm.
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Offline Jacky

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Re: Bounty and KYC, any benefits?
« Reply #57 on: February 02, 2019, 11:05:02 PM »
I think KYC is needed for investors and not for bounty hunters. Bounty hunters only help the project to promote the token sale and not become the partners. So, I assume it is no need to require KYC procedure for bounty hunters.

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Re: Bounty and KYC, any benefits?
« Reply #58 on: February 02, 2019, 11:15:49 PM »
IF the bounty program has explained for using KYC at the beginning of the campaign, it will be more fair. But, if sudden decision, I think it is not fair enough. Whether it is worthy or not, I personally think that look at the amount of your rewards, Is it worthy to pay with your real identity document?

Offline Akinohn

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Re: Bounty and KYC, any benefits?
« Reply #59 on: February 03, 2019, 09:49:33 AM »
It seems to me that at the initial stage it is better to require data and provide them, since if this happens when the coin is traded, you may have a lot more problems.

 

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