Topic: Do you join ICOs that requires KYC? - page 35. (Read 4552 times)
to participate in ICO that requires kyc is really safe and good to participate and also in every exchange but for airdrops I better stay away from it.
Some of the best projects that are currently underway require the verification of the identity of the depositor. And this is often very good if you look at hundreds of projects that are similar to each other, only where there is a good team, and where they want to know their investors are good investments.
yes, some of project that requires KYC, it help their project references to participate and prevent some people from cheating.
For most honest workers, KYC is acceptable, but it must be explained before starting. As far as I know, some new people do not know how to pass it.
yes, some of project that requires KYC, it help their project references to participate and prevent some people from cheating.
It would be good if the project requires kyc for bounty hunters to prevent those people who have multiple account. It is also effecient to determine those bounty farmers with more than one account in the project.
Yes I joined them because its not a problem to do KYC for me. But i think its not fair to those who couldn't join because of KYC issues. I hope thing going to be better for the future.
The one I joined before, I did not enjoy it, after doing all required exercises i ended up loosing my token, probably i dont know how to go about it,so I have always avoided it.
I think there is nothing wrong if you really have chosen a project for investment and are ready to invest in it your money then the passage of the procedure KYC should not cause you to abandon this project! But I do not advise to undergo KYC in different airdrop and dubious companies.
I do join ICO that requires KYC but not always because there are still some that does not require KYC. KYC which is Know Your Customers is required for some ICOs due to restrictions in some countries.
I join any ICO that is worth it. I believe my kyc documents are safe with the project managers so I do it.
I heartily believe that Know Your Customer isn´t a justifiable measure for many cryptos. They don´t own the legal support of financial assets and must not require of that system.
Today KYC is a legal requirement and has become condition for joining the ICO. From a legal point of view, customers should be known by ICO owners. I have given some ICOs my ID but i don't give ID to airdrops.
Im quite skeptical signing their kyc. So im selecting ICO that deosnt have kyc requirement. However, i encounter a ICO that right after the campaign they require us to sign a Kyc in order to get our tokens. So i had no choice, i have to do the kyc.
I probably will not join those ico ever who have KYC requirement due to identity theft. I would probably wait for them to launch on exchange to see their performance and then will do something.
It's normal for now and bring more trust to investors as almost ICO now requested to done KYC before can join token sale. It will avoid future problem for ICO from Government
In my opinion KYC not necesary in every bounty program because this is will need extra time for that, and some bounty hunter can not provide KYC procedure because reason of privacy. KYC could be only for investor who purchased the token during ICO. And for me KYC procedure will become complicated because i joined alot of bounty program, this is will be not efisien for my job and i have to spend extra time for that.
I think that KYC can be a good thing for having some kind of control over ICO projects participants i.e. investors so maybe this requirement is useful and I do join such ICOs if I know that they are reliable.
It is not very pleasant to provide my personal information to some unknown people, the basic rule of crypto is the identity safeguard. However, many bounty hunters believe that if an ICO demands KYC, then it is legit.
the demand for KYC should be mentioned in the rules at the beginning of the program so it becomes fair to us and it does not matter if I join ICO that there is a request to do KYC as long as ICO has a good, successful and trustworthy project.
Actually, I think there's a better and hassle-free way around KYC. A project called Menlo.one is launching its token sale this July and it's an ICO marketplace platform where you will only need to submit your IDs once. This is a link to the interview of Menlo's CEO, where everything mentioned above is discussed in detail https://www.youtube.com/watch?v=Rw1QBpBYE6o&feature=youtu.be
If the project looks good then I join it even it asks for KYC. But for airdrops - No I will not pass my documents for KYC. As I have seen almost all ( more than 90% ) airdrops are scam today.
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