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Topic: Do you join ICOs that requires KYC? (Read 4513 times)

hero member
Activity: 980
Merit: 509
August 12, 2018, 03:37:42 AM
Yes, I will always choose projects that require proof of identity. Looking at the facts today the market is weak and many fraudsters want to return their money for troubled projects. So joining ICOs that require KYC is one of the weak forms of defense against fraud, but I want to participate more in such projects. I think you should make the same choice for your own security.
newbie
Activity: 138
Merit: 0
August 11, 2018, 11:05:15 PM
there are alot of ico that doesnt do kyc on bounty participants because we dont buy their coins and we work for them and get paid.
newbie
Activity: 68
Merit: 0
August 11, 2018, 10:57:03 PM
There are many risks associated with sending your personal information to KYC .
newbie
Activity: 115
Merit: 0
August 11, 2018, 10:34:44 PM
I regularly take an interest in ICO venture that requires KYC for their speculator. I believe it's fine reason it's a decent method to control financial specialist nationality cause US speculator regularly restricted so they just wanna know whether there is anybody originated from US put resources into their undertaking or not Smiley. In any case, before put resources into any venture that requires KYC, I frequently check truly painstakingly to not fall into a trick task and hazard my way of life also
sr. member
Activity: 826
Merit: 250
August 11, 2018, 10:01:40 PM
There are some ICO which is indeed in dire need of KYC. And now I think it is very reasonable because they also wanted those participants who are human. And by using this very positive because KYC may reduce many accounts only in the control of one person.
newbie
Activity: 62
Merit: 0
August 11, 2018, 09:59:23 PM
I did one time, the bounty still running today and I still doing weekly tasks. My friend reffered it to me, I checked their project to sure that it will not be turn to be a scam, I think it isn't. I know they can use it on illegal activities, but I have to take the risk
member
Activity: 648
Merit: 10
August 11, 2018, 09:53:02 PM
No I don’t, I am never joined an ico project needed KYC procedure and have to upload our identity, what for we have needed KYC data for buying ico token, maybe for bounty participants is fine but now for ico investors.
member
Activity: 336
Merit: 10
August 11, 2018, 09:47:52 PM
if the ICO is in my opinion it will definitely be successful so I will join even though I need KYC.
member
Activity: 299
Merit: 15
August 11, 2018, 09:45:36 PM
Some high-quality ico projects require kyc certification, and at the time of 2017 many ico issuance and participation were anonymous, which led to a lot of dysfunctional money going into the crypto market.

newbie
Activity: 219
Merit: 0
August 11, 2018, 09:42:25 PM
I have participated in several ICO projects to KYC and I found this is very normal. If I had chosen to invest in a project, I would definitely trust their Team Dev reputation
jr. member
Activity: 420
Merit: 1
August 11, 2018, 09:40:04 PM
Of course, I think KYC is just a form of identity verification of each person. Participating in the ICO must KYC to limit the risk and the virtual account, fraudulent account
newbie
Activity: 140
Merit: 0
August 11, 2018, 09:37:15 PM
The last time most of the ico require KYS, and even some bounty of the company require it. I don't see anything difficult on the passage of the KYS don't need much time
newbie
Activity: 55
Merit: 0
August 11, 2018, 09:07:45 PM
I think that is no problem  if the ICO is truly reliable. the purpose of the ICO manager might be to find out the identity of the person who joined him. from here it may be able to strengthen cooperation when they know each other. the key is mutual trust.  but all that is on condition that you agree to submit your KYC Smiley
newbie
Activity: 81
Merit: 0
August 11, 2018, 08:59:57 PM
KYC does not justify the approach to undifferentiated script currencies. Sometimes he's very dangerous.
full member
Activity: 392
Merit: 100
August 11, 2018, 07:49:34 PM
I joıned to many ICO's that want to KYC from me and joined bounty campaigns what also want KYC from me and this is not problem.
I definitely joined some ICO that requires KYC as long the project is good and worth investing. And for me participating on ico that requires kyc is really okay because the project just want to know the identitiy of all the investors.
jr. member
Activity: 168
Merit: 1
August 11, 2018, 07:43:18 PM
Of course because that will really help us so that not many people will commit fraud. Therefore KYC is needed in each ICO that will be followed. I also chose ICO based on KYC.
member
Activity: 158
Merit: 10
August 11, 2018, 07:41:44 PM
I never want to join an ICO that needs KYC, of course that is still a question why developers need our personal data? I mean this digital world is very dangerous if we provide personal data to them only for free, including the ID number of our country, we may sell data to certain parties like Facebook
newbie
Activity: 98
Merit: 0
August 11, 2018, 07:36:54 PM
I do not join the ICO that require the registration of KYC, because it is unknown how to use my data.
newbie
Activity: 90
Merit: 0
August 11, 2018, 07:34:11 PM
Seasoned developers soundly think that KYC is not a rational process for most of the coins. They don´t possess the legal support of securities and shall not require of that approach.
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
August 11, 2018, 12:38:28 PM
Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.

I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.

I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?

Nowadays ICO with KYC is seems normal for me because the ICO company will facing the regulations to legalize their company.
if you know the ICO is good and not a scam, i think it is worth to give your identity details to them.
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