Post
Topic
Board Service Discussion (Altcoins)
Re: Is KYC For Bounty Hunters Good? Lets Share Our Views!
by
acaciosc
on 20/10/2018, 17:04:19 UTC
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:

I completely support your view on this issue, KYC procedure is what we need to reduce scammers, and I think this should be specified at the start of bounty campaign. However, we take risks when providing our personal data.