Post
Topic
Board Altcoin Discussion
Re: KYC for Bounty. Why do it?
by
hohuan101
on 12/08/2019, 16:02:00 UTC
Why do some projects do 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.

Its a good way to eliminate duplicate entries, scammers, etc.. Project team claims this when they go for KYC especially for bounty hunters.
Even if KYC, scammers still have a way to do it. This only further disadvantages the true hunters. I think they have to find another solution instead of KYC