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
Are you sure it was okay for you to provide your full identity over the internet with just KYC paying? I think money is not enough if you will going to risk yourself on the crypto community. One of the feature of crypto is the anonymity, and what's the essence of KYC?
Even the big exchange platforms need you to submit kyc before you van withdraw large funds
Its unfortunate we all have been preaching anonymity in the industry but we end up going against what we preach.
Hunters cannot but play by the rules, else they get denied of their payment. The only thing needed to be done is to make proper scrutiny of whichever project you are submitting your kyc to in order to avoid bad occurrences.
Just last month, a project was threatening to report all his bounty participants to the respective authorities of their government for dumping their tokens, thats to show you the level of insanity some projects can go to when they have your kyc details.
Above all, lets be careful!!