KYC for bounty?
It shouldnt really be there on the very first place because bounty hunters are not investors which would really need up to pass documentations.It might really have some advantages to limit
or block those cheaters or multi-accounts but it isnt really an appropriate thing to be mandated.
Definitely. It shouldn't be there in the first place because doing KYC is only for the ones who would be investing in the project but not for those who would do the marketing for them. If it can do anything, then it would just be to confirm the identities of the people who are participating in the campaign and reduce the number of participants.
This is correct, but in bounties it's not the small amount of money why you cant be charged for money laundering, it's because you didn't invest any money so there is nothing to be "laundered". KYC for bounty, pure scam!
I saw one post before about someone selling the KYC of the people and it's not cheap. Those scammers are just taking advantage of the YC going on in legit projects that's why they are asking for KYC as well and then sell it for a profit. If they can collect for 1000 people and sell it for $10 each then they can have $10,000 easily. I just don't participate in bounties asking for KYC.
very big effect of kyc well, I just found out that KYC identity can be bought and sold by irresponsible people who are thirsty for money, thank you, bro for the info, and I want to be more careful