Quote from: FontSeli on August 19, 2019, 05:13:50 PM

Quote from: timX5 on August 07, 2019, 01:14:08 PM

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.

I think that bounty campaigns need a reason why not to pay rewards to some participants for this and the KYC is introduced.
Personally, I try not to provide KYC as in bounty campaigns, in investing and on exchanges.

if you really feel it's unnecessary, then trying to avoid it is quite natural. for some bounties need KYC on their project to avoid scammers. several projects carry out KYC in the relevant market. in my opinion, when using KYC on a project, you make yourself bound to the project. That will make you not choose another project that has a similar function, which also requires KYC. Well, there are many reasons if you ask why you need KYC, but the goal is most likely to recognize who their users are. in addition, some projects also prohibit investors from certain countries, so it is quite useful.