Quote from: Vaculin on January 01, 2019, 08:33:29 AM

Quote from: shoupengyangguang on January 01, 2019, 08:18:25 AM

KYC has hardly brought us any benefit, as most KYC projects still do not have any tokens or off-the-shelf products that are already on the market. This means that even if we participate in the KYC project, we are not likely to be 100% profitable.

I agree with that, KYC is just another risk for us, since we are oblige to give our personal detail.
I really don't understand why some really needs to push that KYC, when if it started trading in exchanges, one can buy it without KYC.
What's the use, I know it's government requirement, but government did not analyze that well?

No government requires ICO teams to conduct KYC checks against ICO bounty campaign participants. Such an audit can only be carried out in relation to investors. This is a contrived problem for bounty hunters. Such a check creates only one problem for us, because practically no ICO team at the initial stage indicates which data they want from us. We have to constantly read their telegram, spend a lot of time on various coordination of ambiguities, because there is no single form for passing KYC checks and each ICO team comes up with its own. Because of this, we spend our time and a lot of nerves, and since the KYC check is always postponed to the end of the ICO, for many it turns out that their work was free because many people could not provide certain required data. For example, I live now at the wrong place of my registration and cannot provide some of the required documents. The KYC check in this case acts as another form of fraud.