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
There can also be serious threats and risks that can be associated with that because we are in this forum in the form of anonymity in which we work with the use of usernames in which we do not provide our real and whole identity. But with KYC (know your customer) we are revealing ourselves from anonymity although it is just for the sake of avoiding multiple accounts in a single user, it is still risky to let other people to know information about you to someone else you do not personally know. Well, I understand the essence but still it is risky and the sad thing is that those projects who seeks and requires KYC failed to commit and provide the rewards which seems to be the information you have provided is filled up with nothing in exchange which is seems to be unworthy. So we must limit the information we provide online and just provide those that are not too personal to avoid stealing of identity as well.