Post
Topic
Board Altcoin Discussion
Re: KYC is simply just to cheat bounty hunters.
by
Icologies
on 20/04/2019, 12:31:07 UTC
To my understanding, KYC simply means "Know your customer". Investors(customers) who participate in ICO are made to go through KYC process before they are even allowed to purchase their tokens. On the other hand, Bounty hunters are just "part time workers" of the project and not customers. Even if they will be made to go through a KYC process, it should be before they start working and not after. Waiting for them to finish working for the project and refusing to pay them because they failed to pass KYC afterwards is a total cheat.
what you say is true sudden bounty problems are required to fill KYC I think it is feasible because from the beginning of making a bounty there are rules, rules can change at any time, all return to each other, and have their own risk