Post
Topic
Board Altcoin Discussion
Re: KYC as a Scam
by
torrantz
on 14/03/2019, 23:40:33 UTC
Everyone decides for himself, he wants to participate in the bounty companies, which require to pass KYC. I think that there are no such managers who speak about passing KYC at the end.

Recently, I took part in the bounty, in which the developers made changes, and all the hunters should follow the KYC procedure in the company’s personal account using the wallet on the platform of this project. However, half of the weekly payments have already been made on the ERC-20.
Well, this is a common feature, I think it is usually done to remove the scammers in the bounty , but of course you need to look at what the project enters, your documents may just be with other people
In fact, there is nothing wrong with providing personal data if the project is not fraudulent. But if you look at the statistics, or analyze all those projects in which you participated in Bounty companies, then a very small percentage of those projects that require KYC are promising and their reward has real value.
Yes, indeed the Bounty campaign that does the Kyc is good and they are serious about real payments and tokens, there will be a price value, compared to those who do not, Kyc often has no price.
It's not about real payment but it's about how we can make sure to secure our identity because there was a lot of fraudulent ico. the real price will be determined after the token already listed on the exchange site and that's it.