Post
Topic
Board Altcoin Discussion
Re: KYC for Bounty. Why do it?
by
ULatmirah
on 09/08/2019, 22:08:32 UTC
Why do some projects require KYC for bounty?  Is this a legal thing or is it a way to make sure they are not being scammed by bounty huntrs?  Are there jurisdictions which would require bounty to have KYC?  This is not a token sale after all.

I think that some of the projects that are asking for KYC want to block multiple accounts of people who want to break the rules of the bounty campaigns, But what if the project which asking for KYC is a scam project that wants to collect participants' documents and sell them or for any other reason, Really if these personal document fall into the hands of criminals, this is not good, But how can Project Managers prevent cheating in the bounty?

implicitly, they want us and them self to believe that bounty hunters are the ones who dump the coins' prices, which is it is not true.
who's scammer..?!?