I have seen so many bounty people make multiple accounts and cheat bounty campaign, is it not possible for forum or bounty managers to make kyc compulsory for bounty guys?
Those who have done kyc will get instant approval
In my opinion, the KYC procedure is contrary to the basic principles of the crypto industry. Confidentiality and anonymity are very important.
Cryptocurrency projects, as a rule, cannot guarantee the security of your personal data. This is a big problem. If your personal data falls into the hands of criminals, it threatens you with serious trouble.
Your data can be used to conclude transactions for obtaining loans and credits. As a result, you will become debtors and property claims will be brought against you.
Also, this personal data can be used in illegal activities. As a result, you may even be put on the international wanted list by Interpol.