Bounty and KYC, any benefits?

[vegasus]

You are right, there are many bounty hunters don't like KYC process because of the negative issues related to "data sale cases" by some developers. We should not trust to any platforms that force bounty hunters to do KYC process. Moreover, if the project has not clear information of the team members.

[Moshaid]

The main purpose of KYC in bounty program is to fish out multiple accounts users and scammers. This is might not be necessary but I believe it's a good way to curb cheaters.

[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, KYC verification is not only unnecessary, it is also illegal. Many in this forum write that checking KYC helps to get rid of fraud among bounty hunters. However, KYC verification has completely different tasks and should be applied only for the purposes for which it is intended. Arbitrary violation of our privacy rights is not allowed to anyone. However, because this activity is not regulated, ICO teams simply abuse their rights.

[tonymillions84]

kYC is of no use. they should allow people to buy as much tokens as they want. since there is a maximum amount of token to buy and a minimum token to buy. it is of no use to request for KYC. quite useless to ask people to provide their official data.

[indexx]

The main purpose of KYC in bounty program is to fish out multiple accounts users and scammers. This is might not be necessary but I believe it's a good way to curb cheaters.

Yes, from the team project view, it is very needed in order to eliminate scammers/fraudsters. I support KYC as long as the team project can guarantee the secret data of bounty/airdrop hunters or investors.

[Fenix]

The main purpose of KYC in bounty program is to fish out multiple accounts users and scammers. This is might not be necessary but I believe it's a good way to curb cheaters.

The main purpose of the KYC audit is to prevent the laundering of dirty money and fight against the financing of terrorism, and it is for this purpose that such an inspection should be carried out. Using it for other purposes, including for bounty hunters, is a direct abuse of its rights by the ICO team.

[Cryptoz]

~snip~ I support KYC as long as the team project can guarantee the secret data of bounty/airdrop hunters or investors.

I agree with this comment. I am always ready to do KYC if they can guarantee my data. But in fact, I saw only a few projects that look like able to guarantee the KYC of airdrop hunters, bounty hunters, or investors. Most of the projects don't guarantee our KYC. It makes me afraid.   

[tsakf]

I agree with this comment. I am always ready to do KYC if they can guarantee my data. But in fact, I saw only a few projects that look like able to guarantee the KYC of airdrop hunters, bounty hunters, or investors. Most of the projects don't guarantee our KYC. It makes me afraid.   

You are not involved, very much with Information Technology sector. If you ask a computer security expert, about an un-hackable computer, you'll get a big NO! Nobody, on this earth, can guarantee you data. So, the best defense is, to avoid giving them.

[Crypto Prime]

I am still confused about to agree or disagree about the need of KYC on bounty programs. Why the team members really need our KYC whereas the bounty hunters don't invest in that project. I know they need the data to eliminate scammers, but I think it is not always by asking KYC.

[Fenix]

The main purpose of KYC in bounty program is to fish out multiple accounts users and scammers. This is might not be necessary but I believe it's a good way to curb cheaters.

The main purpose of the KYC check is to prevent dirty money laundering and combat the financing of terrorism. Such verification should be carried out only for such a purpose. Conducting such a test with a different purpose is the abuse of rights by the ICO team. Do you think the ICO team is generally interested in our internal rules on the forum that they will lose so much time and effort to identify users with multiple accounts? Of course not. Therefore, by introducing a KYC check for bounty hunters, which no state or state body requires, they pursue completely different, and self-serving goals.

[LogiC]

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?

Developers dont care much about hunters KYC. Also, I think its on your end to decide whethet KYC is needed on some bounty. In any case you dont want then leave it, but still you will do it for the tokens right? I think its better yo scrutinize projects carefully than being a kid posting stuff like this. KYC is important and thats the process to filtered cheaters and avoid scams. If you bump into a scam project for KYC then its youre bad karma for giving such info. As Ive said do research carefully.

[tsakf]

I see no benefits, for KYC, in bounty hunters. The free market solves everything. If you don't want KYC, you don't participate in the bounty. The only obligation, is, to specify KYC is needed, in the rules of the campaign. Not later.

[Sudarmono]

Today's bounty hunters are indeed very many rules that are used and the ones they hate most are kyc, but KYC also has enormous benefits for participants, and KYC is useful to prevent people from using multiple accounts in following bounties.

[Alcor]

Today's bounty hunters are indeed very many rules that are used and the ones they hate most are kyc, but KYC also has enormous benefits for participants, and KYC is useful to prevent people from using multiple accounts in following bounties.

KYC verification for bounty hunters does not provide any benefits and cannot provide. Its conduct in relation to bounty hunters in general is illegal. If such verification is carried out by ICO teams so that the participants of this forum do not use several accounts simultaneously, then the ICO team abuses its rights, since the KYC verification should be conducted only with the aim of preventing dirty money laundering and combating the financing of terrorism. For other purposes, it should not be used because it violates our privacy rights.

[DAMKAR]

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?

I think KYC is good to reduce multiple account and scam project.  but We must be carreful to do it.  Learn the project and the team firstly