Do you join ICOs that requires KYC? - page 52.

Primal6666

jr. member

Activity: 182

Merit: 2

Market Integration Platform

Quote from: xtin-tin on February 26, 2018, 12:05:38 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?

KYC in projects is the same norm as KYC for investors. The only thing is, we need to carefully select projects and do not send documents to suspicious projects. KYC for Airdrop, in my opinion, is utter stupidity, contrary to the very idea of Airdrop. Imagine that you want to distribute food to the poor or distribute promotional flyers, or give people to try the product, as companies do in shopping malls for promotional purposes, and require for that to show documents. This is utter nonsense.

DarkEagleMan

jr. member

Activity: 84

Merit: 5

A Blockchain Mobile Operator With Token Rewards

While it is not my pleasure to have to provide my personal information, especially in a business model based on cryptology that as a basic rule has the identity safeguard, I have been forced to accept these conditions when participating in some ICOs since that seems to be the obligatory trend that every trustworthy ICO will have to accept to legally carry out its fundraising and to ensure greater reliability among its customers and users.

PG13

member

Activity: 322

Merit: 10

Quote from: xtin-tin on February 26, 2018, 12:05:38 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 participate in a signature campaign that requires KYC as long as it was announce prior to the start of the bounty that participants must pass KYC to receive their token. But recently, most of the bounties of AmaZix are requires KYC.
For airdrops I don't think it really requires KYC.

Celebrity

sr. member

Activity: 420

Merit: 250

Quote from: beezunus on May 31, 2018, 08:56:44 AM

it does not matter if I join ICO that there is a request to do KYC as long as ICO has a good project, successful and trustworthy, and the request for KYC should be mentioned in the rules at the beginning of the program so that it becomes fair for us

I don't like icos asking for kyc forms. I can't trust them in long term. Our kyc forms must stay in secure. And kys asking ones are hard ones to deal with. There is not that much time for me to deail with those icos.

MikeyVeez

full member

Activity: 896

Merit: 102

Quote from: xtin-tin on February 26, 2018, 12:05:38 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?

Every legal ICO require KYC.
I understand why people have problem with that... A lot of people heard about blockchain ("anonymous", fast, secure transfers...)
Thanks to the authorities we can´t be anonymous anymore Roll Eyes

GunsLair

jr. member

Activity: 644

Merit: 1

I can say that 99% of ICO in which I participate require KYC verification. I try to carefully choose and study projects, so I do not see anything wrong with this verification. First of all, the projects want to protect themselves against various violations. This is their right.

beezunus

full member

Activity: 420

Merit: 100

it does not matter if I join ICO that there is a request to do KYC as long as ICO has a good project, successful and trustworthy, and the request for KYC should be mentioned in the rules at the beginning of the program so that it becomes fair for us

thsaudtl

newbie

Activity: 42

Merit: 0

Do you think about the progress Typerium ICO and the likelihood of success? Would you like to participate?

Ilefotobad

newbie

Activity: 81

Merit: 0

I don't know reason for bounty hunters to pass kyc. We are not an investor. But yes i do join ico s that require kyc. I just need to know how valuable there project is.

filipeandre

jr. member

Activity: 196

Merit: 1

what the problems with KYC? A decent ICO needs to protect themselves against potential regulations and regulators. IF they dont require a KYC I think it's shady and a sign they just let everyone enter.

Wearegoodfrends

newbie

Activity: 238

Merit: 0

Yes, Although I don't like to send documents to third parties. Unfortunately, now almost every good ICO requires passing KYC

Name: Claudio

newbie

Activity: 98

Merit: 0

Quote from: dealung on February 26, 2018, 01:00:43 AM

I do not like kyc in ico, because i've been disappointed with some ic that require kyc. The data I have given is never accepted by the organizers, even though the data is genuine have my own.
Sometimes they also ask for copies of utility bills or water on our behalf, but what if we rent a house or apartment and certainly his bill is not our name.
They also sometimes do not accept the id cards of some countries and only accept passports. This is a problem for me and maybe for other investors.

Most if the time if an ICO required KYC I let it go, what for? They are choosy on everything you submitted, and yes what about if we are only renting place?? Do I need to have my own house and get my own utility bill on my name for me to participate? Hell no!! Take your token with you.
It like your mocking everyone who doesn't have there own house!

1hgfd030

newbie

Activity: 105

Merit: 0

Yes, I have done so but very carefully. It's really worth if you are choosing best ico. Never try to invest in those icos that was running by unknown person.

VoDanh1122

jr. member

Activity: 80

Merit: 1

KYC in ico is fine as long as that was a promising ico. but 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.

Wasaisisi

newbie

Activity: 98

Merit: 0

If a bounty that I think promises and has a good future, I will follow it even if it needs a KYC. Because making a KYC for a bounty does not wrong in my opinion.

francojon

member

Activity: 238

Merit: 11

KYC is a big deterrent for me to participate in an ICO. It is not impossible that I will join it, but I have to have a huge assurance about who will be handling my data.

miyat23

jr. member

Activity: 235

Merit: 2

I don't like to join ICO that requires KYC especially on bounty because I got disappointed on it. I joined one and reject my KYC application. They ask this after the ICO my effort came useless and I didn't received my token. And in the mere fact, it is not a good idea to give personal information to someone you didn't know.

silver23

member

Activity: 574

Merit: 10

Yeah, why not Huh

KYC is not problem for me.
Because i just have a single account.
And when the bounty is used KYC i think is great for us to destroy a multy account.

Why we must reject bounty KYC.

CryptoVal13

jr. member

Activity: 266

Merit: 2

DOMINIUM - Decentralised property platform

Much depends on banking relations maintainance)when I invested in Localcoinswap,they told they perform KYC on all fiat purchases made through their bank account. The great thing about this project is the platform itself, LCS does not transact any fiat currency. LocalCoinSwap simply acts as an escrow service for people to trade directly with each other. So the platform itself does not need to perform any KYC on any of its users as it is not acting as a "money exchange service" as defined in many jurisdictions.

jackmoon

member

Activity: 117

Merit: 10

The emergence of KYC can avoid the purchase of some coins by a few people, which is very meaningful for ensuring the relative fairness of investment.

Topic: Do you join ICOs that requires KYC? - page 52. (Read 4572 times)