Post
Topic
Board Altcoin Discussion
Re: KYC for Bounty. Why do it?
by
kak uli
on 17/08/2019, 22:27:24 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.

because there are many bounty participants who use several accounts in one project, so the project developer requires the KYC participant to ensure that 1 account is 1 person ... so as to avoid cheating by bounty hunters ... although KYC can be used to other things, but this is a policy to avoid fraud .. and KYC is very reasonable to be applied to bounty participants ..