Post
Topic
Board Altcoin Discussion
Re: KYC for Bounty. Why do it?
by
FontSeli
on 12/08/2019, 14:51:28 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.

Most likely KYC in bounty campaigns is organized in order to stop the mass participation of multi-accounts. I do not know if this is so and how effective it is, however this is the only assumption that comes to my mind.
I try not to participate in bounty campaigns where there is a KYC, I just do not want my data to flow into the network.