A lot of bounty hunters ask the bounty manager and the team of the project if kyc needed or not.
Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
Because even most of them have filled KYC requirements and they can get nothing as per the result of their works. In fact that KYC needs a lot of requirements and sometimes there was a chance to the project that they have already participated to become a scam project and this will put their data on the risk.
Yeah, it's like trading your personal information for their token but it turns out that you are the one who's been fooled by them. Most bounties these days requires KYC but sad to say most of the bounty hunters avoid that kind of ICO specially if they don't see such good result on their research of that project.
At any angle bounty hunters would really end up having no choice or the ones would really be on risk no matter which option they would take. Good
project selection on initial phase wont guarantee of success.You might succeed to earn tokens without KYC but you can possibly earn trash tokens.For now
KYC requirement do signify legitimacy but not all because there are lots of scams do exist.