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Topic: Do you join ICOs that requires KYC? - page 20. (Read 4556 times)

member
Activity: 168
Merit: 11
Sound/Foley FX Design Service For Your ICO Videos
July 15, 2018, 12:40:04 PM
I haven't joined any ICOs that requires KYC. I wouldn't give my personal information so easily, but if there will be so promising and a big project I might consider joining in.
newbie
Activity: 31
Merit: 0
July 15, 2018, 12:32:22 PM
It's not a good idea to give personal information to strangers. Actually im always choosing ICO without KYC because making a ICO for a bounty does not wrong in my opinion.
member
Activity: 364
Merit: 12
The Most Profitable Mining Pool
July 15, 2018, 10:09:41 AM
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?

Actually KYC is compulsory to every compliant ICO. This was the legal move to start with an ICO. Just like the conventional IPO. Every start-up needs to be compliant in ALM regulation because this is the global concern - fraud and laundering and we know that every states hates that. To prevent such action to occur, they imposed KYC.
member
Activity: 331
Merit: 13
July 15, 2018, 10:00:28 AM
I don't join them as I am not too comfortable giving out my personal information. The projects are new and we don't know the team yet.  We don't know what they can do with the information we have about us.
newbie
Activity: 31
Merit: 0
July 15, 2018, 09:57:45 AM
What I mean is the threat of the company getting hacked. So I only join ICOs with KYC that have a good team behind the project and where I would also invest myself.
newbie
Activity: 89
Merit: 0
July 15, 2018, 05:04:10 AM
I don't care for the possibility of KYC on the grounds that it damages obscurity. Yet, to those tasks that caution ahead of time that it is important to pass KYC, I resist the urge to panic. In any case, there are ventures that say in regards to KYC later. These are the ventures that frustrate me. What's more, obviously, I don't confide in the airdrops that require the entry of KYC.
full member
Activity: 616
Merit: 114
Bountylord.com
July 14, 2018, 02:01:40 PM
KYC in ICOs it is normal process for me. I think that any legit ICO should perform KYC process for investors in accordance with AML requirements in location of ICO registration.
newbie
Activity: 154
Merit: 0
July 14, 2018, 12:57:46 PM
Currently, many ICOs are using an intermediary KYC check system (one KYC for all projects). I think this will resolve the problem about security information. In addition, ICOs that require KYCs is good and potential ICOs, it will be a disadvantage if you don't join them.
full member
Activity: 322
Merit: 100
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
July 14, 2018, 12:02:58 PM
The requirement of passing KYC for the ICO can still be understood, but when they start to demand this from the bounty participants, I consider this unreasonable. Anyway, no matter how good the project is, there are still risks)
member
Activity: 196
Merit: 10
July 14, 2018, 11:59:02 AM
unfortunately, nowadays more and more projects require KYC, without which you can not get the reward and therefore have to register. Yes, I join such projects.
newbie
Activity: 33
Merit: 0
July 14, 2018, 09:45:35 AM
There is one airdrop that I participated in that requires KYC. I didn't finished the procedure since I would prefer not to give my full private data. Cryptographic money is to keep your protection as financial specialist and client, and ye they are getting your data. This may prompt wholesale fraud or further harm if the ICO doesn't take great care and privacy on your data . Simply be careful on those ICOs that are not genuine.
legendary
Activity: 1932
Merit: 1005
July 14, 2018, 08:30:49 AM
if a team off the ICO is as serious as he can he can only doing it following the new rules in crypto , so for me it is also a little trust if they requires a KYC , i believe that if no KYC is needed then that ico has little chances to survive but that is only my own opinion
copper member
Activity: 411
Merit: 1
July 14, 2018, 08:13:45 AM
The thing is put your money where your mouth is, in other words follow the money. Do your own research, make out time for follow ups, wait till the last hour before doing your KYC having done with your research and it is satisfactory.
newbie
Activity: 140
Merit: 0
July 14, 2018, 08:07:42 AM
As long as I  think the ICO project would it be possible for me to have a profit, then I will choose to participate in the ICO project investment, even if it requires KYC information, though I know most of the KYC information may be liable to leak, but for ICO still have a lot of profit...
member
Activity: 155
Merit: 10
July 14, 2018, 07:56:36 AM
Why not? This procedure eliminates many participants and multi-accounts. And that means that the reward for such bounty will be more than usual.
full member
Activity: 191
Merit: 100
July 14, 2018, 07:52:47 AM
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?

Requiring KYC on an ICO is good enough to secure that no one had cheated such as multiple accounts and such things. This will be an indication for a true value of members or participants that they will be having. But yet KYC will be good if and only if the campaign itself is a good one. If it is worthy to have the KYC system then why not, but it will be a pain for us if the campaign requires KYC yet not enough to prove its legitimacy and in the end, it will be only scam one which was encountered so many times.
newbie
Activity: 33
Merit: 0
July 14, 2018, 07:44:10 AM
I have to be very careful in following the airdrop in need of kyc, in fact I often avoid kyc. because I do not want they know my personal information. Tongue Tongue Tongue
auy
member
Activity: 336
Merit: 10
July 14, 2018, 07:42:57 AM
If the coin is very promising, then of course I will take part in ICO.For the sake of money, I'm ready for anything.
newbie
Activity: 98
Merit: 0
July 14, 2018, 07:35:23 AM
I have, but I tend to choose ICOs that I invest very carefully, so I have a certain level of confidence at least in those who run the show. because I am always careful, so much research I do before choosing ico.
full member
Activity: 854
Merit: 101
July 14, 2018, 05:35:31 AM
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?

I did, it is okay to send KYC for claiming bounties as the investors of the ICO did the same.
but for the airdrop? i rather get zero token than passing my identification to them.
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