AIRDROPS ASKING FOR KYC VERIFICATION - page 4.

Btcvilla

sr. member

Activity: 1078

Merit: 270

Quote from: auntyjmary on March 26, 2019, 05:35:23 AM

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.

I don't think this should be followed if you don't want to do KYC in every airdrop program, that is simple
and if you do not want to do KYC for each campaign, you must first ask the manager or team of the ico project. yes it's that simple
but I agree if airdrop is not feasible to include KYC

Flezy

jr. member

Activity: 707

Merit: 1

KYC for an airdrop that will likely not amount to 50usd. I can never do that. Airdrops don't worth anything this days, so why the stress of doing KYC.

KingDome

jr. member

Activity: 434

Merit: 1

Lol. Kyc is now get implemented for each airdrop. Well, i dont think that kyc would be necessary since airdrop is not even an investment by buying something from the project. Just avoid this airdrop and find another.

siorapokk

copper member

Activity: 190

Merit: 1

I would never risk the safety of my personal information for a small airdrop. They are literally worth nothing at the moment and there are almost no projects that are sharing some great amount of tokens and not just 20 cents.

harrypotpot

copper member

Activity: 126

Merit: 1

WWW.BLOCKCHAIN021.COM

Quote from: crzybilly on March 26, 2019, 05:37:49 AM

I would never risk my personal documents for a small airdrop. However, airdrops are worth almost nothing, especially on the falling market and it does not make any sense to undergo a KYC process for several bucks of noname token.

And also, for an airdrop that as a so easy task to accomplish, there is huge percent that these activity will not going to pay even small amount, and when you risk your personal identity, you have lost allot, even your safety to the online community. So I advice not to provide your KYC unless the project is confirmed legit.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

The very little thing that all of you can do if you are into airdrops is..

not to comply with any of their KYC and just forget about that airdrop.

thaliaand

member

Activity: 574

Merit: 10

Mostly airdrop gives only a small amout of tokens that yet to know the excact price. Most only worth of tens of dollar and even have no value. I don't think it is worth for KYC which hand over our personal information for a couple bucks.

Viper_Unleashed

sr. member

Activity: 584

Merit: 252

Airdrops asking for KYC verification is another way to steal people's identity and sell in the black market.Information and data are very important things and have a good value in dark web and many other places.So whenever any airdrop asks for kyc I think its totally an useless project.Unless you see the tokens get listed and have a good value and the site/exchange wherever kyc is needed is good its better not to go for KYC.

herurist

sr. member

Activity: 1680

Merit: 259

Quote from: trauchot on April 18, 2019, 02:38:19 AM

If you see that the company is serious and for example if the tokens of this company are already trading on the exchange, then you can go through KYC, of course, everything depends from the amount you can get for passing KYC, so everyone decides for himself.

Yes it's true if they receive big rewards, there will be many who do KYC, but if the rewards are small I don't think they will think again if the rewards are small,

nicecrypto

member

Activity: 1260

Merit: 21

Yeah, this is the height of it, i remember a project that requested for participants kyc before distributing their airdrop, the sad part is i submitted my kyc and receive my airdrop but basically worth nothing Undecided

i regretted doing that, after reasoning with lots of thread here in forum about kyc, i think i have done enough of exposing my personal info, no more kyc project for me, especially airdrop Roll Eyes

it's not worth it.

trauchot

member

Activity: 1764

Merit: 10

If you see that the company is serious and for example if the tokens of this company are already trading on the exchange, then you can go through KYC, of course, everything depends from the amount you can get for passing KYC, so everyone decides for himself.

Novatech8

member

Activity: 700

Merit: 27

Sovryn - Brings DeFi to Bitcoin

I see no reason why people will waste time on airdrops with KYC, KYC doesn't guarantee that you will even get paid and it's not even worth it because the reward is very low

tomboi

sr. member

Activity: 728

Merit: 250

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.

Fluxtorrence9

member

Activity: 336

Merit: 12

Only few airdrop with KYC are worth it, airdrops offering around 100$ is worth is in my own view because there are even bounties this days that pays lesser than that so why not?

Petchant

jr. member

Activity: 172

Merit: 1

It's doesn’t worth it all. Imagine doing kyc for 10$ worth of token that will later get dump. It is a waste of time and resources so I will advise those participating in it to stop doing so. Most projects don't even the intention to pay airdroppers, all what they want is to populate their social media with them.

maculeth

member

Activity: 714

Merit: 11

BountyMarketCap

airdrop to get $ 25, I have done it before. I was forced to do that because the bounty had not been paid, and also I saw that it was Airdrop registered on the market exchange, so I was sure I could immediately withdraw it.

martabaktelor

member

Activity: 574

Merit: 10

I think if this is indeed a policy that must be obeyed, I think we should do it. But if you don't want to, maybe you can look for another Airdrop and not use KYC. And I think there are still many and you must be smart in determining Airdrop.

fosco333

full member

Activity: 1260

Merit: 100

Quote from: auntyjmary on March 26, 2019, 05:35:23 AM

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.

Just don't send it if you think the payment of airdrop is not worth for your KYC docs.
Airdrop should not asking for KYC to the participants because they don't give a significant amount of reward.
It should be free KYC and everyone can take a part into airdrop to build a huge supporters of the project.

AtlantaFive

sr. member

Activity: 594

Merit: 250

When i see the airdrop asking for kyc then i won't join because you are giving your identity to them just to get few tokens. What if they only do it to get information from people and later on sell it to anyone. I suggest not doing it because you are at risk just for a free token.

imstillthebest

full member

Activity: 1638

Merit: 122

Quote from: milewilda on April 01, 2019, 06:39:29 PM

Quote from: auntyjmary on March 26, 2019, 05:35:23 AM

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.

Out of 100% i would say that project do tell about the truth that they are complying some legal stuff thats why they do ask KYC is only 10% and the rest 90% are total lies or alibis
that they do make just to accumulate investors or even bounty hunters personal informations.
I dont know whats the point why even airdrop hunters being required to comply such thing and come to think that they are just getting free tokens and it has nothing to do or correlated with it.
As a hunter you do have a choice on simply skipping nor ignoring these stuffs.

obviously they hate abusers . we know that airdrops are also being popularly abused before when kyc is not yet invented but now that most airdrops are requiring it , i can see that less and less users are now doing an airdrops . imo its okay to do a kyc on an airdrop if the reward is good and if the company that you are complying for is 100 percent legit but my only problem is that i dont have the required id's for a kyc . this was the biggest fail of a kyc .

Topic: AIRDROPS ASKING FOR KYC VERIFICATION - page 4. (Read 14322 times)