Post
Topic
Board Service Discussion (Altcoins)
Re: My 120 Days In Bounty Hunting & What I have Learnt
by
boranes
on 13/03/2019, 14:18:24 UTC
The Importance Of KYC In Bounty Programs
Well, from what i have seen so far, i think KYC was introduce to reduce the number of participants using multiple accounts to participate i various Bounty Campaigns. Earlier Bounty Managers deployed the Bitcointalk proof of authentication. I think this is no longer as effective as it was before, so the KYC was introduce to help work with the former.
In which country KYC for multiple accounts exist? This is nothing but ICO doesn't want to pay bounty hunters rewards, that is why they don't mention KYC until everything is over because they know that they won't have good marketing.
And during campaign they say that for bounty KYC isn't necessary and then they change it.