Topic: Do you join ICOs that requires KYC? - page 38. (Read 4552 times)
The first ICO that I joined had KYC. If you have confidence and trust the ICO you can join and its fine to fill up KYC. I trusted so I decided to submit KYC because the ICO team is very transparent even in socia media and updated their videos with the CEO.
If I do not think I am against KYC but I do not like it, because KYC is not in accordance with the law of bitcoin given for now, sometimes Smiley, Sometimes it goes against one's private privacy. also, because there are some doing requirements to not do anything without participating, the rewards will not burn anything.
KYC is the right innovation, it will allow you to leave fake accounts and earn more real people. Each user must be identified according to the rules of ICO projects. Who does not want to pass the KYC - do not pass and do not make a profit. Personally, I do not see anything wrong with the identification.
I never joined ICOs that needed KYC because it made it complicated and inefficient. I prefer the practical and easy to do.
No way even if it profitable and will yield me 100 times profit, my identity is far more valuable than money and profit, money come and go but giving your identity to people that are unknown poses a big risk to you and your family, they might use it to illegal activities.
From experience, I've realised that ICOs that require KYC are high quality projects. They are under the scrutiny of the governments. Not that they cannot possibly be scams; the probability of scams is lower.
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?
Most of the ICOs nowadays are now requiring their investors to pass the KYC because of the regulations that the team behind the project should follow. You should pick promising project for you to ensure that your identity is safe. 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?
Yes if i think the project is actually backed by large companies and have a whale investors because i am sure i will get paid in the end.
To be honest i don't trust ICO's that requires KYC. Giiving your personal information they might used it in any illegal form for activity. This is only good idiea the one who wants Invest to the ICO . Huge risk giving your personal info. This might requires in the future if that happens I hope everybody alreadyd understand KYC.
yeah like Sonder for example
KYC in ICO is fine as long as that was a promising ico. I tend to choose the ICOs I invest in very carefully, so I have a certain level of trust at least in those running the show.
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 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?
For some Airdrops you feel it's unworthy to KYC you can not do. But there are a few large project airdrops, they give you pretty much the coin and the desire can be sure that the participants are getting fair. That is when they ask you to KYC. With KYC, those people will not be able to cheat!
A an ICO marketplace project called Menlo.One is creating a platform where you will only be required to prove our identity once for KYC requirements. This mid-July, it's going to launch its token sale. When it goes live, investors will be able to buy different tokens within a single platform! I really think that this will change how we investors view ICOs since it will make it very easy and safer.
This is a link to Korean Jew's interview of Menlo's CEO where everything mentioned above is discussed in detail https://www.youtube.com/watch?v=Rw1QBpBYE6o&feature=youtu.be
This is a link to Korean Jew's interview of Menlo's CEO where everything mentioned above is discussed in detail https://www.youtube.com/watch?v=Rw1QBpBYE6o&feature=youtu.be
Seems like a promising project to me. I'll review its whitepaper and possibly invest some while it's on pre-sale... Also, being required to upload ID's for each project is too troublesome in my opinion and it's difficult to trust every single project that requires it.
It is common practice. Just each ICO make a KYC before you can invest in. Yeah, I join these ICOs, bur recently I tried to participate in Fantom ICO, and they rejected all russian pasports without any reason! Such a disrespect make me avoiding this project
I try to avoid it when possible, kind of goes against the whole idea of cryptocurrency in the first place. A lot of them seem to tell you you need to KYC after it's finished though.
No, and I never would either.
If I really needed to join one I would rather buy or photoshop a fake id than sending in my own. They have no means to correctly verify most information anyway.
If I really needed to join one I would rather buy or photoshop a fake id than sending in my own. They have no means to correctly verify most information anyway.
I try to choose projects that require proof of identity. It's a weak defense against deception, but I like to participate more in such projects. If you think about security I think you will have to make the same choice. The market is weak and a lot of fraudsters want to return their money for the troubled projects.
It's good that I demand Kyc, in fact, more confidence that the project will not cover, but it all happens!
i would prefer joining kyc icos why because they are following all the rules and regulations of ico and country legality it is good and better to be regulated and fully verified in holding a ico coin
Yes, because that's the only way to get profits I want. Airdrop will never give something like that even if KYC seems to be risky.
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