Is KYC For Bounty Hunters Good? Lets Share Our Views!

[MOProgress]

In recent times there has been several ICOs introducing KYC for bounty hunters, and that has made many Bounty hunters to feel bad.

I would like to share my opinion over this issue. I never see KYC as a bad idea, KYC will actually reduce scammers from using multiple accounts for one bounty and that will also give the genuine hunters the space to earn more in their bounty hunting.

The place I have issues with ICO projects running bounty programs is the idea of some projects that introduce KYC at the end of the bounty program which I really feel it should not be so. It is the same thing as those who used multiple accounts during the bounty because it will still reduce the amount the genuine hunters will earn.
If KYC should be introduced at the end of bounty, the left over coins/token should be distributed among the genuine hunters otherwise I see it as the same scam to the genuine bounty hunters:

Anyway, this is my own view, If you have a contrary view, please share it. I would like to know more also.

[Cutter Cute]

You're right, KYC is very good at reducing prize participants who try to deceive them, but uploading KCY is very dangerous when the prize project that you follow turns out to be a scam.
We must be careful of fraud Bounty program, we must check the team and the background of the project.

[yetti]

I think that is not good because your personal data will automatically be known by the founders of the ICO and your personal data could be used for criminal acts that could make you experience problems later on, so you should be careful when giving up your identity.

[tamango]

I don't like KYC because if ICO reveals a scam you gave your data and ID/passport to criminals... on the other way this is one of few methods to limitate multiaccounts in bounty.

[sturec22]

Personally I don't attend bounties which has KYC. I don't find it clever to give my identity to any project. Their database can get hacked and my personal information can be seen by third parties.

[Seerge]

KYC for Bounty is good, because it can prevent fraudulent acts from bounty hunters. But we recommend that before we do KYC, we must ensure that the bounty project that we follow is a good bounty and guarantees the security of our data. Don't carelessly do KYC on a bad bounty project.

[dauletbaeffberdakh]

I try not to pass on the identity card for generosity. I think it is very dangerous. Then they can sell our documents to others for money. A complete set of personal documents costs about $ 15-70. This is only for one person. Multiply this amount by 2000-10000. Get a lot.

[Sapp]

uploading KCY is very dangerous when the prize project that you follow turns out to be a scam.
We must be careful of fraudulent Bounty programs, we must examine the team and the background of the project.

[MOProgress]

I see a lot of Ideas coming in and for sure I am impress and for this I will say, Be careful not to share your information with scam projects.

[rafii]

I think giving our identity is good for good and avoiding cheating someone who wants to get more results by using multiple accounts.

[CJ7]

It's actually dangerous for us to get a scam project and then our identity is used by criminals who get our KYC. It's better to look for bounties that don't use KYC than those who use it.

[maro101]

If you are an honest member of a bounty campaign, you will not be worried about this verification procedure. But there are reasons for which many are afraid to send their documents, for example, they worry that their data may be stolen and used by scammers.

[backfirst77]

Indeed, KYC is very burdensome for the current bounty hunter. Especially if only get a reward slightly will reject the presence of KYC. But actually KYC is well there is also to avoid cheating about multiple accounts. Because Multiple Accounts are very detrimental for the developer and only profitable for greedy individuals. So maybe that's what makes Bounty using KYC to get reward.

[wokee12]

Not necessary, KYC is only for investor who bought a lot of token for legal identiy reason, so there is no reason if bounty hunter required KYC

[ribowo76]

In my opinion, as long as it doesn't aim to make it difficult for the bounty hunters to claim prizes, I think that's good. Because, by following KYC, it will automatically get rid of fake accounts. So that later, only real people have the right to join the bounty program