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Topic: AIRDROPS ASKING FOR KYC VERIFICATION - page 8. (Read 14235 times)

full member
Activity: 1064
Merit: 102
March 29, 2019, 04:33:30 AM
#95
I refuse to believe they are under any jurisdiction, some of them collect innocent people information just to sell it out in return for cash, they are toiling with the identity of naive participants given their identity for penniless airdrop.
full member
Activity: 546
Merit: 100
March 29, 2019, 03:55:29 AM
#94
It may be regrettable that the Airdrop project requires KYC verification. Maybe many people don't like it because the results are very few and also have a big risk. For me, KYC is not a problem, if it is really needed and as long as the project I follow has good potential. For me, it is not a problem to pass KYC verification.
full member
Activity: 994
Merit: 100
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March 29, 2019, 03:53:25 AM
#93
lots of airdrop ask for KYC verification to get prize but all return to their respective rights, I personally will do KYC if the airdrop is said to definitely pay
hero member
Activity: 2926
Merit: 567
March 29, 2019, 03:49:47 AM
#92
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.

These are sugar-coated words just to entice to go through the KYC, I have seen this to many airdrops that are not existing anymore, so if you are newbie check and do a research if what are you doing is worth it, a $10 worth of token can be gone in an hour but not the personal information you gave to scammers.
full member
Activity: 912
Merit: 100
March 29, 2019, 03:12:26 AM
#91
I still agree that investors are passing kyc. At least they know why they are doing this. But I believe that for airdrops and bounty campaigns there is no point in doing this, at least until there is stability and confidence that our data will not be stolen.
legendary
Activity: 2226
Merit: 1086
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March 29, 2019, 03:06:10 AM
#90
Nowadays, KYC has been popular in order to claim the rewards and get it into our wallet. However, it may be not as worthy because sometimes, airdrops commonly offer a small number of rewards. We also still don't know whether the tokens or coins are also profitable or not.
This condition leads many people not to fulfill the KYC process for airdrop. It is about trust and rewards. It is too risky to give our ID for KYC verification.
legendary
Activity: 2716
Merit: 1017
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March 29, 2019, 03:00:15 AM
#89
It's just Airdrops, we don't know what the fate will be. It's better not to sacrifice your privacy just because of that, which doesn't promise more profit.
copper member
Activity: 85
Merit: 0
March 29, 2019, 02:56:49 AM
#88
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.

Man, there is no need to doing airdrop that asking for KYC to be eligible.
How much is the airdrop reward ? I don't think it will be worth to give your identity documents.
It will be better if you take a part of bounty campaign than airdrop campaign, but you need more efforts.

Why do you have to risk your identity for such a penny? There's no need for kyc in airdrop. An airdrop is not a worth of your personal info. Your identity is not secure even in a bounty campaign, how much more in airdrop.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
March 29, 2019, 02:41:25 AM
#87
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.

Man, there is no need to doing airdrop that asking for KYC to be eligible.
How much is the airdrop reward ? I don't think it will be worth to give your identity documents.
It will be better if you take a part of bounty campaign than airdrop campaign, but you need more efforts.
jr. member
Activity: 169
Merit: 1
March 28, 2019, 06:23:44 PM
#86
It's just becoming the trend these days and I still wonder the reason for the KYC. It's just like entering a shop to buy wears and the shop owner asks for my ID. Seriously, the issue is getting out of hand.
hero member
Activity: 2590
Merit: 585
Leading Crypto Sports Betting & Casino Platform
March 28, 2019, 05:55:35 PM
#85
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 just see it as a strategy in order to get the details of the users because we are not so sure that this airdrop is actually going to worth anything, so why would we waste our time uploading documents to a company that we don't know who are behind it and we might never know who is behind it. Let's be very careful when giving out our details in any blockchain platforms because most of them are scammers and doesn't mean well.
copper member
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
March 28, 2019, 05:52:07 PM
#84
If they say that they are under legal jurisdiction where  KYC is mandatory for business purpose, then tell them to prove it. If they are able to provide proper prove, then there is nothing you can do. If they fail or some what hesitates to do so, you can call them out for being potential scammer. Another reason they might require users to submit KYC form is to prevent users from abusing the bounty programs.
The best thing to do is avoid such programs. Scam project might give you tokens worth $5, but might end up selling your information for as high as $50
jr. member
Activity: 518
Merit: 1
March 28, 2019, 05:45:46 PM
#83
I sometimes go through kyc for bounty campaigns but KYC for airdrop is a "NO". Most airdrops are now worthless, most of the times you get 1USD which can't amount to transaction cost on an exchange. KYC for airdrop is very ridiculous.
I agree , kyc for airdrop is a bad action and you most likely give your documents to scammers , I think it's better not to do them at all
jr. member
Activity: 454
Merit: 1
March 28, 2019, 05:43:25 PM
#82
It is actually becoming a norm now for many airdrops to be making request for KYC.This was not really the trend before but it all started recently. In my own opinion, I think one of the reasons why many airdrops are making request for KYC is to curb the rate at which people use multiple accounts in claiming tokens. The idea was to reduce the rate at which too many accounts are being used to register. There is nothing wrong in providing one's KYC details in as much as one is sure that the airdrop is not a scam. Once the airdrop is not a scam, after providing one's KYC details, one can be sure of receiving the token reward.
copper member
Activity: 476
Merit: 4
March 28, 2019, 05:18:13 PM
#81
I sometimes go through kyc for bounty campaigns but KYC for airdrop is a "NO". Most airdrops are now worthless, most of the times you get 1USD which can't amount to transaction cost on an exchange. KYC for airdrop is very ridiculous.
legendary
Activity: 2100
Merit: 1058
March 28, 2019, 01:18:42 PM
#80
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.
This is the point where people have to be very carefully in dashing out their information when it comes to airdrops too requesting for KYC, other investment companies and exchanges requesting for KYC is still understandable and like you said, they are still companies too despite the fact they decided to operate in ICO doesn’t mean they are not registered company and they are just being careful enough not to soil their hand with funds that will give them issue in future especially funds tied to criminal activities but for airdrop, since it doesn’t require investment of any deposit, I see no reason why they should ask for it.

I learnt many scam airdrops are the ones doing this.
full member
Activity: 1554
Merit: 101
March 28, 2019, 01:17:49 PM
#79
I do not recommend you give your identity only to airdrop which is worth 1-10 $.
and sometimes they are not valuable at all.
maybe you can make exceptions to good projects and make KYC just to avoid cheaters.
the rest do not provide information on any airdrop.
member
Activity: 882
Merit: 14
March 28, 2019, 12:57:54 PM
#78
i wouldn't join an airdrop with kyc. but its a good thing, there were to many cheating guys out there. i personally participated in 2 airdrops up to now, both without kyc and i'm sure there were many many with multi accounts.... i've stopped participating in airdrops because i don't wanna waste time for a shit airdrop, most airdrops nowadays aren't worth it.
jr. member
Activity: 126
Merit: 2
March 28, 2019, 12:47:15 PM
#77
Airdrops with kyc is total busllshit,  gone are days when airdrop makes sense with good reward,  but these days, you do an airdrop and get a reward less than a $$ and yet will be asked to do kyc..  Sincerely I stopped doing airdrop let alone it's kyc..  And am yet to consider same with bounty...  And just focus on trading and investing..  These are worth my kyc, definitely not airdrops.
legendary
Activity: 2842
Merit: 1152
March 28, 2019, 12:19:54 PM
#76
I'll never join Airdrop because I only waste more time if airdrop asks for KYC so in my opinion it is very clear fraud, essentially I'll not give my personal documents for $ 10 Cheesy
I wouldn’t even do such mistake of giving out my personal information to any airdrop too because majority of them are scam, if they are not okay with my email and wallet add, they should keep their free token to themselves and even in giving out email.

I have learnt to always create a special email for airdrops that if they want to hack it, they can go ahead and do so because we have to be careful not to give them email that contains our sensitive information, has they could also use this means to steal funds from us. I do join some because we might never know which one the manner is sent from heaven;I just don’t release my information.
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