Post
Topic
Board Service Discussion (Altcoins)
Re: KYC SHOULD BE STOPPED FOR BOUNTY HUNTERS
by
dengpei
on 17/09/2019, 08:59:49 UTC
What is KYC? It means knowing your customer. In KYC some requirements are required such as: Full Name, Residence address, Citizenship, Birth date, Photo of government issued ID (Driver’s License, Passport, ID card),
Social Security number or Tax Identification, Bank Statement, Utility Bill, Photo of bank card .

I honestly think kyc should be stopped for bounty hunters, reason being that we are not buying the token of the project ,rather we are rendering services  to create awareness for the project. Which ought to be paid for.

In another view, if a bounty hunter has to go through KYC ,then it should be at the start of the bounty, during registration, if accepted or passed, then you go on with the bounty.

I did a bounty which i passed, and earned some amount of the token, but i failed kyc and my effort was gone just like that, after rendering my services to them by promoting the project. I got really pained.

This is just an example of what is happening.

What do you all really think about kyc for bounty hunters?
Yes, you are right, but I feel KYC is helping projects to vet and deter bounty cheaters who may want to over-profiteer ahead of others by using multi- accounts. By having to identify identity the process ensures that each person gets an opportunity to get their fair amount of tokens.