I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
I don't know why or how you know about this KYC on the bounty program. You are just a newbie. It was created because of the cheaters who has a multiple accounts and also for the security purposes of the project.
The KYC check generally has nothing to do with banning several accounts from this forum at the same time. This topic came up along the way to justify such verification. The ICO team is actually a temporary association of citizens with a commercial purpose. They are prohibited on their own initiative to collect confidential information about other citizens.
The KYC check is used exclusively for the prevention of money laundering and the fight against the financing of terrorism. Now tell me what relation, as bounty hunters, can we have to laundering dirty money and financing terrorism? If you think there are other special powers on the ICO team, please grant them. In the meantime, the KYC check on bounty hunters should be considered the usual fraud by the ICO team.