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Topic: Am done with KYC - page 34. (Read 22155 times)

member
Activity: 1092
Merit: 29
'Free as a bird'
March 26, 2019, 11:34:20 AM
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
So that's why I always research information before join with any project. And for KYC, I wouldn't fill it if I should to fill it before ICO project ended. Once again, although we are bounty hunter, we must liken ourselves as investors before joined, made a research, always ask, follow the development, and serious. So we can make a decission to trust the project or not, and fill our KYC or not.
copper member
Activity: 1050
Merit: 294
March 26, 2019, 11:24:54 AM
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

KYC on exchanges are still acceptable and justified but during ICOs and bounties is totally baseless and risky too.
I never want to reveal my details to a project whose background is doubtful.


Surprisingly, those that didn't require KYC paid me and the project is truly developing

KYC didn't assure that the project is genuine and will develop in future, most of the promising projects don't care of this shit (KYC).
full member
Activity: 924
Merit: 112
March 26, 2019, 11:23:12 AM
I also think so. All of these KYC is required to collect additional money. Since we collect a huge amount of data, and in consequence of which they sell on the black market.
copper member
Activity: 349
Merit: 0
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
March 26, 2019, 11:01:46 AM
There was a time people could happily drop their details online for bounties cos they know the project is strong but not now, most projects requesting for KYC now are scam and only wants people's details for their own benefit. The good projects I can say now are not after your KYC but the success of their project
full member
Activity: 560
Merit: 100
March 26, 2019, 10:38:37 AM
It is great that there are people who already understand this. But we need to make sure that the SEC understand what KYC is in the digital realm is simply impossible. Even if today you need to show it to banks. Today everything is not so simple.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
March 26, 2019, 03:55:11 AM
Apparently OP statements might be based on him experience during involved on ICO and that's why i always be skipped ICO's with KYC because there is no guarantee ICO's will be successful although KYC required
hero member
Activity: 1540
Merit: 507
March 26, 2019, 03:29:42 AM
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

What the point ? Do for the KYC or not, if all the bounty of ICO need KYC you are never follow they project?
do not be pessimistic and never lose your trust every project need the KYC.
That makes sense to see someone was feeling regret to throw his identity for a few bucks only. You can't even take the point on this thread. A lot of icos are not performing KYC to the bounty participant but they are going so well.
full member
Activity: 1498
Merit: 146
March 26, 2019, 03:06:21 AM
Not all ICO projects that need KYC can become successful ICO projects. Indeed, now more ICO projects do not use KYC, they can go to Exchange. And to get into Exchange is also not easy because it requires not a little money.
KYC is not the purpose for making a project succesful or making more money,it is just for the avoid the people from investing on their projects where the origin of the project has some rgulations for it but there are many ways our KYC documens were used for bad purpose that is why we don't have to invest on such project.
sr. member
Activity: 798
Merit: 250
March 26, 2019, 02:58:51 AM
Not all ICO projects that need KYC can become successful ICO projects. Indeed, now more ICO projects do not use KYC, they can go to Exchange. And to get into Exchange is also not easy because it requires not a little money.
full member
Activity: 546
Merit: 100
March 26, 2019, 02:22:04 AM
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

This time is hard times for ICOs, we can't blame it all to the teams, the market condition is not good.
Nowadays people hype with launchpad ico like in binance and ERC-20 token bounties will lost it's hype like the old times
member
Activity: 644
Merit: 10
CurioInvest [IEO Live]
March 26, 2019, 02:18:03 AM
It is better to remain vigilant and not easily provide information about our personal data for the KYC process. The same thing happened to me that projects that requested KYC were very rarely developed and ended with the death of the project.
legendary
Activity: 2226
Merit: 1086
duelbits.com
March 26, 2019, 01:56:12 AM
I have ever heard some people said that the bounty programs that need KYC will be very promising.
In this case, I don't think so, not all of them are successful and give me tokens or coins.
I also have such experience, more than 3 times fulfilling KYC process and I got nothing.
Now, I will think twice when I should fulfill the KYC process if needed, whether it is really true or not, worthy or not, and also ready for exchange or not. We need clear information and we may not need to wait for a very long time later for listing on the exchange.
full member
Activity: 980
Merit: 132
March 25, 2019, 11:09:08 PM
I don’t remember why we need KYC, using it we lose the main goal of cryptocurrency: anonymity. Most projects do not really enter the market, but my documents are required to receive coins (tokens). And what is the probability that my data will not be sold on the Internet? Developers need to use KYC so that users know who is really working on the project, there will be no cheating then.
copper member
Activity: 358
Merit: 2
March 25, 2019, 10:56:07 PM
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

What the point ? Do for the KYC or not, if all the bounty of ICO need KYC you are never follow they project?
do not be pessimistic and never lose your trust every project need the KYC.
member
Activity: 532
Merit: 10
March 25, 2019, 10:39:36 PM
After you pass your KYC submit just waiting for an update for bounty or ICO project and you can withdraw your asset or your money, but always check how safety for some ICO before you submit your KYC data.
Yoo
full member
Activity: 574
Merit: 102
March 25, 2019, 10:11:07 PM
Wow, good opinion. But, not everything is as you think. 
Yeah, I agree if we really have to be careful when going to do KYC and provide personal data.
Honestly, I also don't like to do KYC. So, I only do KYC and provide my personal data on projects that have been successful and continues to grow, so I'm sure that my personal data will remain safe. Yeah, I will not give my KYC easily and with low price.
member
Activity: 532
Merit: 17
March 25, 2019, 09:33:02 PM
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

Based on my experience, there were some good projects that requiring KYC and has developed well.
One of them is Counting house which distribute CHT token in bounties last year.
It was a good bounty, the price of the token is already gone about 3x from ICO price i thing.
copper member
Activity: 420
Merit: 2
March 25, 2019, 03:31:59 PM
I wish I could go back and erase all the personal information I have given them but that's not possible now. I just have to be extra careful from now onwards.
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
March 25, 2019, 03:02:07 PM
KYC in ICO's doesn't mean that they are going to be successful or they are real.
We couldn't know if those name behind the projects are also true or jhst screen name so it is better to be safe than sorry.
I don't really trust KYC in crypto because first of all crypto is made for anonymity.
member
Activity: 336
Merit: 10
March 25, 2019, 02:46:19 PM
I don't think we can simply use the bases of whether a project is requesting for kyc to conclude that that project is a failure just because we have had previous experience with such projects. In as much as some of such projects fail, others also do very well
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