Quote from: Muzika on May 01, 2019, 12:26:34 PM

Quote from: CryptoBry on April 29, 2019, 08:15:39 AM

The KYC requirement in many ICO projects has been the bone of contention of many investors and supporters with many thinking and feeling that this is not needed as this is the industry that proposes decentralization, anonymity and privacy. However, a project can argue that it is the law that requires them to know their customers and they are in fact just following the regulation. The problem is that KYC is not a guarantee that a project can never go down the coffin and run with the investors' money...maybe travelling to the "moon" and have an indefinite vacation in there until the victims can forget their misfortune of trusting them.

Now, if these project owners can require us to undergo the KYC process...should it not be rational that they themselves submit to the same so that we can be sure that we are dealing with real people with real address?

if people can trick bounty KYC thru passing fake ID's then the team behind the bounty can also did that if they really wants to scam people, the only thing that can make bounty great again I think is the intercede by the government to the team behind bounties.

But only a little percentage the bounty participants that used a fake ID and it can be identified easily. you can create such a comparison between how much scam icos that used fake ids. Most of the bounty hunters are getting scammed by them too. You should see that from various perspectives.