Post
Topic
Board Altcoin Discussion
Re: KYC for Bounty. Why do it?
by
Saisher
on 12/08/2019, 07:00:55 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.

It's not right to do KYC if you are going to get a 3 to $5 worth of their token when you sell it in the market, I don't see the logic why you want to sell your sensitive information, for pennies, but the ICO that you are selling your information cannot even guaranty that their token will be profitable when it hit the market.