Post
Topic
Board Service Discussion (Altcoins)
Re: KYC SHOULD BE STOPPED FOR BOUNTY HUNTERS
by
eagle10
on 27/03/2019, 08:35:27 UTC
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 (Driver’s 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?
Most KYC being required by the startup or ICOs companies are for the purpose of preventing more scammers and fraud. However, most of them do not use the KYC in securing the interest of the bounty hunters and customers alike but use it for their own interest. They sold the information they acquire or use them for their own good. So if you think the ICO you joined is legitimate to require KYC, then it's up to you if you can go ahead joining them. Just do your own research.