Quote from: jseverson on February 20, 2018, 02:37:57 AM

Quote from: Oneandonlydl on February 20, 2018, 02:24:41 AM

Do you believe that every bounty that uses KYC before release of funds, bounties, or tokens is a 100% scam? Because I see more and more companies are posting this as a requirement on their campaigns.

No, there shouldn't be any direct correlation between implementing KYC procedures and scamming. They may simply be required by the regulatory bodies of their home country.

That being said, you're definitely in greater danger if you disclose your identity, because you have no idea what they'll do with it. Make sure you do proper research before you start giving out your info.

Everyone should understand that KYC is a normal procedure in serious projects.
But you decide which project will be serious for you.
Some projects are created specifically for collecting personal data. Experienced investors see this and do not give money to scammers.
Many newcomers do not understand this.
The author of the message shows how not to fall into the trap.
He deserves to receive a merit