Post
Topic
Board Altcoin Discussion
Re: KYC at end of bounty campaign
by
makishart
on 17/04/2018, 13:21:55 UTC

I don't see anything wrong in KYC, I understand that the owners of multiaccounts and the adolescent are not happy about this procedure at all, but nobody promised that everything would be comfortable and anonymous all the time.

Using KYC is not wrong, it is for security that no one will cheat of having multiple accounts but as a student, we have problems with the use of it because some requirements for the verification, we actually do not have, which make us no pay at the end of the campaign. We are struggle where to find valid ID, billing, business permits etc., because we are dependent with our parents. KYC will be big problem to us if every campaign required that.
The problem is when the developer gives a lot of requirements to complete the KYC progress just like you must provide your passport, ID, Bill and many more at the same time to prove if you are from or have the same address. Not all of people can fill all of the requirements and if they can't pass all of requirements and they can get their payment.