Post
Topic
Board Service Discussion (Altcoins)
Re: A new bounty scam
by
ryap12
on 22/10/2018, 12:38:49 UTC
GOLDMA started their bounty campaign in April, and then 1 week before the end (in October) they said they require full KYC meaning:

- Proof of address
- Government issued card
- Selfie holding the ID

Is there any ICO requiring such information from bounty hunters?! To me this is a SCAM to get private details and sell on dark markets. Imagine what they can do with such information! I have never seen anything like this, be careful of these scammers from GOLDMA.

Has anyone experienced something similar from other bounty?

*edit* It stated first that NO KYC REQUIRED FOR BOUNTY, this changed 1 week before the end

Bounty rules can be changed anytime by the project team or the bounty manager. Possible reason is to help fight scammers or farmers. Anyone could pretend to be the bounty hunter out there and receives the tokens/coin for using someone elses account or alternate account. I would actually prefer KYC bounties because this will also help who really deserves to be rewarded. You also have a point that they may sell your information if that really is their intention behind the KYC requirement. It's all up to you to decide if you will submit or not. You can research more about the project and team so you will be convince if they're really legitimate.