Bounty and KYC, any benefits?

[maximus]

As a bounty hunter  I can say that KYC for bounty are not held very often, sometimes it happened  that KYC was required  and I not check for it , but all the tokens automatically came to the wallet after the crowdsale.
Another situation. I recently finished bounty from the dexage - a decentralized exchange, I asked the bounty manager : is the KYC required for bounty ?
 He replied that most likely KYC will take place but they not sure  for %100....

[tsakf]

As a bounty hunter  I can say that KYC for bounty are not held very often, sometimes it happened  that KYC was required  and I not check for it , but all the tokens automatically came to the wallet after the crowdsale.
Another situation. I recently finished bounty from the dexage - a decentralized exchange, I asked the bounty manager : is the KYC required for bounty ?
 He replied that most likely KYC will take place but they not sure  for %100....

All this is, just talking. To participate in the bounty, you should be a member of the telegram group. When you want to create a telegram account, you are asked for your phone number. Your phone number links to your identity, because you give KYC data to get a phone number, in most countries. So, it is not easy for scammers, to have many phone numbers, unless they come from a country where you get a phone number, without KYC. I still think, that KYC is not neeeded.

[Leader]

 I think that when documents are required passport, etc. for KYC, this is too much. It is dangerous to send such documents to someone else’s uncle, the maximum that they can ask is a photo with an inscription. This is not an official body and they do not need any documents in order to give us our earned coins. KYC itself is good because after it you can determine who the bot is and who the real person is, and pay honest people for their work.

[88percent]

If the rewards are very good amount and the project's teams have good track record, I think we can consider to do KYC process. But if the project team members cannot be trusted, I advise to not doing KYC process.

[Domithra]

A lot of bounty hunters really hate KYCs. What are developers and managers doing about this issue? Do you even think that KYC is needed at all? What are the benefits of this?

Most bounty hunters hate KYC because its appears like stooping so low in the view of exchanging your personal information for a few dollars. It becomes worse when the project turns out to be scam or unsuccessful after submitting details for KYC as a bounty hunter. In order to curb this trend, regulations must be made by the platforms where the bounties are hosted.

[trauchot]

Some companies are afraid of laws and are forced to do KYS for bounty hunters, other companies want to check every member of bounty for fraud, because many bounty hunters perform bounties from several accounts which is prohibited, other companies just do KYS so as not to pay tokens for those who cannot pass it.

[carcas]

I hate KYC. but if I get a lot of rewards, I will do it. bad rules for bounty participants. not everyone has a passport. if I need a passport, I won't do it.

[DogeTalk]

regulations of a country where the project was developed. Holder is required to do KYC. The bounty hunter is a holder for receiving and using tokens from the project. so, just do it if it's needed.

[ryap12]

KYC to me is very helpful is many ways. It helps narrow down the participants who deserves to be paid and prevents residents from restricted countries from joining. When there is no KYC, anyone can just pretend to be someone else without that person knowing his/her identity stolen. Best KYC for me is to record a video and say something related to the bounty. I don't think scammers will go that far by editing vids just to pass KYC. lol

[Fenix]

A lot of bounty hunters really hate KYCs. What are developers and managers doing about this issue? Do you even think that KYC is needed at all? What are the benefits of this?

For bounty hunters, checking KYC brings only big problems. I consider such an inspection for bounty hunters to be illegal because it has the task of preventing the laundering of dirty money, and we don’t invest in ICO projects. ICO teams in many cases use KYC checks to not pay off the tokens earned by us. In any case, the conduct of it is not regulated, it can be carried out for many months after the end of the ICO and it is just annoying because it distracts from further work.

[bayiajaib]

A lot of bounty hunters really hate KYCs. What are developers and managers doing about this issue? Do you even think that KYC is needed at all? What are the benefits of this?

Because  Cryptocurrency  is anonymous.  I think It is the reason  why many bounty hunter hate KYC and  Too many projects are the scam

[a_ps]

Not all ICOs need KYC. If an ICO project really needs KYC, it might indeed be needed in its country, especially projects related to banks, there is a need for the original data of the money owner, which includes a bounty hunter.

[ljmontero26]

KYC in exchanges is right for me but KYC in bounty is not good for me because no one would ever share their identity for just a reward of shitcoins with no price.. Bounty hunters have freedom in which they can participate in any bounty campaigns without sharing their identity.. I dont think that KYC is a standard for a bounty.. If its exchange or related in reals fiats then it is accepted.

[Falcon]

KYC known as Know Your Costumer implemented not intendedly to scam people but to help to minimize scammers. It is helpful once the foundation base on true (realistic) development. Although there are advantages and disadvantages but over all meaningful once done honestly and faithfully.

 this topic will help you
Know Your Customer, what is it for and what benefits does it give in details?
https://www.altcoinstalks.com/index.php?topic=75143.msg463341#msg463341

[Audrey]

If the bounty, ico or exchange that we follow is real and requires us to fill out the KYC form, why not. People are afraid to fill KYC because they are afraid that their data will be used for fraud, or they are afraid that their identity will be exposed and not free in transactions.