There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
Youre right, some strange and weak projects with zero funding are trying to collect hunters data and sell it in darknet, most of them dont have even any goverment registration of their projects and businesses, they dont need to send any reports, so why they need KYC?!