Personally, I am not against KYC because it is used for legal and verification purposes for the project. It sometimes help the project to eliminate double and bot entries. However, investors, bounty hunters must be cautious of the kind of projects they fill KYC for because there are some projects who gather the data from KYC participants and sell them for huge sums of money. Airdrop normally give out some few pennies and I wouldn't risk giving my personal details for airdrop KYC.
it's funny if airdrop program require KYC verification.moreover airdrop program value usually below $20.and its not worthed at alll if we give our personal data to unknown people.even in bounty campaign that have huge allocation could be penny when it traded. 
Topic: AIRDROPS ASKING FOR KYC VERIFICATION - page 2. (Read 14295 times)
Unless there is a large carrot dangling before me, I will refuse all KYC bounty, not worth trading your privacy for peanuts
I think it's good, because bots are eliminated right away, so honest people can get more rewards, I think soon we will have to go through KYC almost everywhere.
In this situation, of course we cannot blame the airdrop party or the party participating in airdrop. Because, if you want to get something, of course you have to follow all the instructions, if you don't, you get nothing. So all of that is a decision on everyone. So in this case it certainly does not matter as long as there is no coercion from any party.
This is just funny. KYC for a token worth what?
well who knows ? what if their token will worth 100 usd each or higher . that is more than the price of your kyc . The truth is, most people are rather developers are now making a fun of KYC.
no they are not making fun of kyc because its not a joke but they are only doing it for a reason , that is to protect them and to protect you for serious issues that can occur in the future but only if their intention is pure legit .To be frank when was the last time an airdrop worth something tangible?
you mean worth it ? last two year ago . on the year 2017 almost all airdrops including bounties are doing a good job and all hunters are satisfied from what they are getting
It's not advisable sending your personal documents for the mere sake of receiving airdrop rewards. How much they are offering anyway. I would consider for some potential bounty campaigns but seriously not for airdrop tokens. Most of them turn out to be shit coins anyway or better still don't go on exchange.
This is just funny. KYC for a token worth what? The truth is, most people are rather developers are now making a fun of KYC. To be frank when was the last time an airdrop worth something tangible? Airdrops of nowadays hardly worth anything thus it is not worth it submitting KYC for any airdrop.
Airdrops are not as rewarding as before
But even at that; I refuse to do kyc for airdrop; giving out identities that way isn’t good enough
Such airdrops ends up as fake
But even at that; I refuse to do kyc for airdrop; giving out identities that way isn’t good enough
Such airdrops ends up as fake
Requesting for KYC by Airdrop managers doesn't speak well and I won't buy the idea. Initially, it's been long I partake in airdrops, so I really don't know if they still request for KYC.
I don't support KYC for airdrops but it's not compulsory to participate in any airdrop requesting KYC, it's optional. The annoying aspect is when they request KYC after the airdrop has ended and not from onset. Let's just be careful the way we give out our documents all in the name of KYC.
I hope they won't let you participate and hype the project and then require KYC when you come to claim your coins. This is a recently popular way of doing things in the crypto world with some bounty campaigns trying to cheat participants and discourage them from claiming their earned money.
I also would never participate in a KYC airdrop because they are worth very little and there's many like MWC coin that don't have such rules.
I would never take part in an airdrop requiring KYC, as it's simply not worth the risk. Many airdrops end up being useless anyway.
Also beats me from a legal standpoint as to why it'd even be considered required to begin with. Almost all new coins have no way to exchange them for anything, so technically they are worth zero. Giving away something worthless shouldn't require KYC verification and of course no money launderer would use worthless coins to launder money.
Also beats me from a legal standpoint as to why it'd even be considered required to begin with. Almost all new coins have no way to exchange them for anything, so technically they are worth zero. Giving away something worthless shouldn't require KYC verification and of course no money launderer would use worthless coins to launder money.
I don't support KYC for airdrops but it's not compulsory to participate in any airdrop requesting KYC, it's optional. The annoying aspect is when they request KYC after the airdrop has ended and not from onset. Let's just be careful the way we give out our documents all in the name of KYC.
The issue of KYC always raises questions whose answers are mostly not very discerning to the ears. It is quite unfortunate, I know most crypto enthusiasts are not comfortable giving out their personal information for KYC but there is little we can do about the situation at the moment. Most of these projects claim they are under a legal jurisdiction where KYC is very important for many business projects. The new trend is increasingly becoming worrisome as many airdrops are even requiring KYC verification from participants.
They are doing this because nowadays there are a lot of people abusing airdrops by creating many fake accounts only to aim its rewards.Those greedy people need to be removed because they make other people not getting a part of the Airdrops.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
It depends on your priorities, if you would like to take a risk for few bucks.
I do not see the risk of KYC abuse (knock, knock) because we should be covered by this: multi tier verifications, photo with ID and recent date and so on.
I do not see the risk of KYC abuse (knock, knock) because we should be covered by this: multi tier verifications, photo with ID and recent date and so on.
if the airdrop is worth enough then do the kyc.. but if there is no guarantee that this airdrop will give you a penny then why risk you details?we don't know what they will do in our details so better back off
There is no legal reason to make KYC mandatory. Yes, I understand that many bounty programs are prohibited from participating residents of the USA and China. And that's all... in other countries, cryptocurrency is legal. But I can't understand why a man can't lie about his place of residence and buy fake documents on the black market. It turns out that KYC does not prove its effectiveness and it is useless.
Airdrops did not want the Kyc, but now there are multiple participation in all campaigns. They started to ask for kyc to prevent this.
KYC is a problem because Crypto has been anonymous since the beginning. And when this KYC is used, of course, many parties disagree. But this is now running and all depends on you who did it. For me, if Airdrop uses KYC, it's better not to follow it.
Most genuine airdrops now request for KYC since it is still coming from the same company that offers ICO, and since most Airdrop now request for it, it is either we don’t get to participate on any of it or we just do the KYC.I don’t see need or reasons for this too, and I wish the document they are requesting for are not so complicated, I still understand why projects ICO are requesting for, at least they could back it up with the claim of protecting the system against fraudulent act, but what of airdrop, is there also any fraud activities too from the receivers, I think we need to just avoid airdrops completely for now, till something is done or the regulation reversed.
It's too risky if Airdrop needs KYC. KYC does make a lot of people confused because this is not in accordance with the crypto base, all of which are anonymous. But I see the results of Airdrop also very small and even many Airdrop fraud projects.
I've done it before, but now, I don't want to do KYC, although stated $2/token. I am willing to do KYC when investing or ask my personal documents for bounty. But for airdrop, better join another airdrops. High risk low rewards.
Jump to: