Post
Topic
Board Service Discussion (Altcoins)
Re: KYC Requirement for Bounty Managers before they require KYC to bounty hunters.
by
Best Dreams
on 18/07/2019, 21:16:13 UTC
I feel like it's not fair for bounty hunters to submit KYC when joining bounty campaigns because we are not an investor. We will never be involved with any anti money laundering because we don't invest with money but with TIME and Effort instead. Personally I'm NOT very comfortable submitting my ID's for the simple reason that these are startup companies and we don't even know if they can be trusted.

I have been into bounties for up to a year now and since then all the projects that required KYC are useless projects. Most of them just hide under the umbrella of compliance and in real sense they actually didn't register the project under any compliance agency. I don't see any reason why KYC should be required because most of the project are not under any compliance agency and in short they do not need KYC.
We all need to think like this because as much as I know after submission of KYC number of scamming cases has reduced and now in market scamming is almost finished. So asking KYC in market is only because of our own security. I am also happy to submit my account verifications as there is nothing bad in it.