What is KYC? It means knowing your customer. In KYC some requirements are required such as: Full Name, Residence address, Citizenship, Birth date, Photo of government issued ID (Drivers License, Passport, ID card),
Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .
I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services to create awareness for the project. Which ought to be paid for.
In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.
I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.
This is just an example of what is happening.
What do you all really think about kyc for bounty hunters?
I totally agree with you. Kyc is a statutory requirement by a country to monitor money laundering. Bounty hunters don't invest fiat or coin but rather offer marketing services. Kyc is a total waste of time and resources for them
I myself also agree that if KYC is stopped completely KYC often makes the bounty hunters afraid that sometimes there is KYC that is difficult to fulfill until in the end the hard work does not get the results as expected, although that is not all but it is indeed time consuming. wasted.