Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
Thanks for the good topic to discuss. Avoid, new precedent trying to be set, the more people the give in, then you'll have to give you info out for every single airdropped/bounty out there.
It's very dangerous for you to trust these non-reputable individuals with your information and for the future of cryptos as a whole, yet no one is discussing this.
You can blame Polymath for this, they don't want to work harder filter to filter puppets, so instead they want your ID.
Edit: There is probably nothing we can do to stop this, because the vast majority of people trying to do airdrops are very likely to hand over their info without a second thought. This has major repercussions, some of the worst repercussions we will see ever in crypto.
The best thing you can do if you're reading this, is to not give in to these new information whores, who are more than likely to flip your IDs on the darkweb for a profit.
It's very dangerous for you to trust these non-reputable individuals with your information and for the future of cryptos as a whole, yet no one is discussing this.
You can blame Polymath for this, they don't want to work harder filter to filter puppets, so instead they want your ID.
Edit: There is probably nothing we can do to stop this, because the vast majority of people trying to do airdrops are very likely to hand over their info without a second thought. This has major repercussions, some of the worst repercussions we will see ever in crypto.
The best thing you can do if you're reading this, is to not give in to these new information whores, who are more than likely to flip your IDs on the darkweb for a profit.
This is only one side of this problem. But try to understand really good projects in this time when SEC is going to do a big step in cryptoregulation. When some holder of the tokens has not been identified - the whole project should be freezed.
And also KYC will make huge amount of scammers to go away from crypto. And this price that my ID can be sold - I'm ready to pay it knowing that crypto needs that to become greater and involve more people. By the way CRYPTO is trying and will fix this fact that organizations can prove identity with fake IDs and photos from darknet.
And if I cannot filter scam projects and send my ID to everyone - THIS IS ONLY MY PROBLEM
