Bounty and KYC, any benefits?

[coinlurker]

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?

To us bounty hunters KYC definitely is a hassle however to the developers is a totally different case. I suppose developers want to cover themselves if the government or any authorities wish to check  the account holders of their coins they are able to show it.

[verifyme]

KYC is not suitable for bounty hunters, I think it is actually no need. But for investors, it should be done since investors become partners of the project. I think there should be other ways to treat bounty hunters without KYC. 

[abdmuiz]

Kyc is applied to prevent a fraud and it is not liked by many people

[tervel]

Kyc is applied to prevent a fraud and it is not liked by many people

I agree.Even if the the company requesting KYC is legitimate, the customer’s private information may be at risk, depending on how the contents are uploaded or delivered. And this again, is only a risk to the customer if their data is apprehended.

[Black ID]

Nowadays, KYC for bounty programs is very popular. It makes some discussion and also debates for some terms. I personally, will not matter if I must fulfill the KYC progress to claim my rewards. However, is that worth? Think also about how many rewards I will get.

[Jimmygym]

Know your customer is now regulation introduced in many countries also for crypto exchanges. They just need to comply with local regulation if they would like to continue with their business or maybe choose county where there is not such regulation in place

[Ghozrd]

Kyc is really needed when you have a good project like ethereum, but you have to be careful when filling out KYC forms on new or airdrop projects from new coins you just know.
because there are so many scam projects in 2018.
therefore, now you can see a lot of airdrop on the crypto exchange which requires you to pass KYC.

[Octoalts]

For some people, KYC does not like them.  But in reality there are many Bounties that require KYC.  It all starts with the many people who cheat, follow the BOUNTY program with many accounts.  And with the existence of this KYC, the Project Manager wants to make sure no one else acts cheating like that.  For me personally, KYC is not a meaningful problem.  If we want to join the BOUNTY Project and have to do KYC, just do it, and if you don't want to do KYC, then leave the BOUNTY project.

[corr]

For some people, KYC does not like them.  But in reality there are many Bounties that require KYC.  It all starts with the many people who cheat, follow the BOUNTY program with many accounts.  And with the existence of this KYC, the Project Manager wants to make sure no one else acts cheating like that.  For me personally, KYC is not a meaningful problem.  If we want to join the BOUNTY Project and have to do KYC, just do it, and if you don't want to do KYC, then leave the BOUNTY project.

personally for me KYC is a problem. It is not up to anyone to give your data and how they will then use your documents. The second is that on personal experience, it became convinced that in Bounty, many will not earn and give someone their data and a passport for a few dollars is not very reasonable. In me, the airs and airdrops where you need passing the KYC procedure cause distrust

[Fenix]

Kyc is applied to prevent a fraud and it is not liked by many people

KYC checks should be conducted only to prevent the laundering of dirty money and combat the financing of terrorism. If it is carried out to combat fraud, then its conduct should be considered illegal. If under fraud you mean the use of several accounts by some participants of this forum, then this cannot be considered fraud, it is just a violation of forum rules and this has nothing to do with fraud.
A KYC check against participants in an ICO bounty campaign is illegal because we are not investors.

[zilzylian]

KYC is good for stopping fraud that is always there, but if bounty requires KYC,I think BM needs to post it in the first post thread and not change the settings at the end of the campaign.
be more careful when filling out KYC and make sure to always look at good projects to avoid fraud

[GREENch85]

Perhaps not KYC but an alternative procedure for sifting out multiaccounts should be.
Successfully pass the KYC procedure for fraudsters is not difficult.

[Alcor]

KYC is not suitable for bounty hunters, I think it is actually no need. But for investors, it should be done since investors become partners of the project. I think there should be other ways to treat bounty hunters without KYC.

Totally agree with you. KYC testing not only doesn’t give ICO bounty campaigners, conducting it against bounty hunters is completely illegal. We should not pass such a check, because we do not invest in ICO projects and are not their clients. Such a check. it may be worth going to investors and then only large ones. It makes no sense to check KYC for investors who buy tokens for small amounts.

[gotbounty]

Since I ever read the news that the developers sell participants KYC Data, I am afraid to do KYC. I avoid following bounties that require KYC for now. I think our secret data is more important than the rewards. Moreover, the rewards are in a small amount. 

[tekatjaya]

I think KYC is really needed to reduce users who are not in accordance with the provisions of other bounty players,
 Even though there are still some accounts that are still cheating,
 Hope it helps and hopefully gets more excited.