Post
Topic
Board Altcoin Discussion
Re: KYC for Bounty. Why do it?
by
Fredomago
on 19/08/2019, 07:58:54 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 ..
Can consider that aside from those scam projects who also selling participants accounts online, KYC shouldn't be affecting Hunters if the team who asked for it are also do the same, providing their own identity and revealed every personal information to make sure that it will be fair to everyone, but if this will not happen why bother to provide and participate to projects who requiring your data.