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Topic: Is $25 XLM worth your privacy (identify). - page 17. (Read 10237 times)

member
Activity: 406
Merit: 11
of course $25 for me is better than doing bounty with kyc requirement
i joined for like 2 or 3 bounty with kyc requirement but at the end their token not even worth more than $20
it just like wasted my times
member
Activity: 532
Merit: 11
♦♦♦♦♦
there is no different with us, we join bounty or ico with kyc requirement
also we dont know how bounty / ico will end.
many bounty that need kyc also not worth more than $25
full member
Activity: 602
Merit: 101
Bcnex - The Ultimate Blockchain Trading Platform
Normally i wouldn't sell my privacy for 25$

But after giving out my identity lots of scammy icos/bounties, i said hey 25$ is better what i am normally getting. And i applied.
hero member
Activity: 1134
Merit: 515
It depends on the financial status of the person that want to upload his/her document for verification, I personally don't like to give out my personal details to any platform including exchanges where I do my trade because I believe that the crypto market was made to carry out anonymous transactions and this verification process has already change the initial idea of how satoshi wants the crypto world to work this is why I can't be a participant.
legendary
Activity: 3108
Merit: 1029
For some people yes it's worth $25 XLM for their privacy, $25 is a really good amount here in my country. That's why many people join that blockchain bounty. I actually not join the $25 xlm airdrop, because i also think like that, is it really worth $25 xlm for my privacy.
Lol that's a joke, how you can give your personal identity even your passport to others. My privacy should worth even more and thousands dollars still not yet enough for that. So many people from was joking by sending their ID for $25 worth XLM.
sr. member
Activity: 1050
Merit: 254
For some people yes it's worth $25 XLM for their privacy, $25 is a really good amount here in my country. That's why many people join that blockchain bounty. I actually not join the $25 xlm airdrop, because i also think like that, is it really worth $25 xlm for my privacy.
legendary
Activity: 2478
Merit: 4341
eXch.cx - Automatic crypto Swap Exchange.
Yeah, I heard about it. You are absolutely right. It is like we are selling our data for $25. lol. Anybody understand why they are doing this? To learn the number of users in Blockchain?

I don't think so, they must have other reason behind offering free $25 for your identity perhaps they have plans of benefiting more as they could sell the IDs to other companies for much higher price numerous times to recover for their airdrop expenses. If you truly want to do an Airdrop I see no reason why KYC is need. We have other ways to prevent cheaters, use them.
copper member
Activity: 178
Merit: 0
Identify is very personal and need to be treated as such (confidential). I see no reason why our identity should be taken under the blockchain technology afterall everyone is suppose to be anonymous. Let's be careful on how we deal with this people.
hero member
Activity: 1358
Merit: 509
Yeah, I heard about it. You are absolutely right. It is like we are selling our data for $25. lol. Anybody understand why they are doing this? To learn the number of users in Blockchain?
member
Activity: 633
Merit: 14
As I can understand... Is required Gold Level to obtain Stellar Airdrop right? Not just submitting KYC....
the gold level is at kyc 2 I thought it was easy, but the process is still very complicated. many documents waiting in the receipt by the team, and they are still waiting for the announcement of the participants. either still running or has already completed airdrop.
full member
Activity: 714
Merit: 100
As I can understand... Is required Gold Level to obtain Stellar Airdrop right? Not just submitting KYC....

Whats a gold level ?  I dont see any gold level on my blockchain wallet account but i am qualified for the xlm airdrop although until now i didnt recieve any coins feom my wallet  . i heard that the xlm airdrop of blockchain will require a kyc to be able to succesfuly claim your reward but how can i  submit a kyc ?  I dont see that they were asking for it  .
full member
Activity: 994
Merit: 106
Official Street Team member
It is worth our privacy? Nah, I don't think so. We don't know what's gonna happen once we passed our personal info so I wouldn't go that far even for $25 XLM. I'm not saying that they are going to scam, but the problem is what's the purposed of submitting KYC? Why do they just airdrop them? I'm suspecting that our KYC might be used for other purposes, not good for everyone in crypto sphere.
The purpose of KYC is to avoid cheating on airdrop, what I know about KYC on the Blockchain besides getting the airdrop the purpose is so that you can use their exchange platform
By the way, Stellar Lumens (XLM) has very often carried out huge amounts of airdrop, and many cheated on the airdrop, maybe this time they applied KYC to avoid cheating and only the original people got airdrop.
hero member
Activity: 2660
Merit: 551
It is worth our privacy? Nah, I don't think so. We don't know what's gonna happen once we passed our personal info so I wouldn't go that far even for $25 XLM. I'm not saying that they are going to scam, but the problem is what's the purposed of submitting KYC? Why do they just airdrop them? I'm suspecting that our KYC might be used for other purposes, not good for everyone in crypto sphere.
member
Activity: 154
Merit: 27
As I can understand... Is required Gold Level to obtain Stellar Airdrop right? Not just submitting KYC....
sr. member
Activity: 1372
Merit: 322
Its been a month since I've been seeing the stellar airdrop on the internet and I did forward to my friends with financial problem ,the fact is many will do participate in the airdrop for the 25$ ,many people are in bad financial state and they are not worried about the KYC
And you think $25 will change his financial problem? That's too much. Don't make a shit comment please.

People should not give any of the identity because those can easily be compromised by them. Identity information worths more than monetary value.
hero member
Activity: 2926
Merit: 567
I almost go for it, because some people are posting they are claiming their airdrop, but I thought some ICO that ask for KYC offer a much more huge amount and I turned them all down, so why not this one, the only motives I can think of is they just want to have a power over us online.
full member
Activity: 1148
Merit: 116
Its been a month since I've been seeing the stellar airdrop on the internet and I did forward to my friends with financial problem ,the fact is many will do participate in the airdrop for the 25$ ,many people are in bad financial state and they are not worried about the KYC so its a matter of choice
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
The idea of the whole KYC thing makes me sick. This is no different from how the banking system operates. $25 is too low for a KYC to be needed, I don't think its worth you provide them with your identification documents.
member
Activity: 420
Merit: 10
I also thought about this issue a lot. The airdrop program now always requires KYC's users but it really doesn't benefit their projects.
I think they will collect our information and sell it to other businesses. This is really a bad thing and I did not implement KYC for Stellar's campaign. Please keep your personal information confidential.
sr. member
Activity: 2254
Merit: 258
Depends of what status you are.  I think if you are rich people for sure it is not worth it to get only $25 XLM for your privacy.
But if you are person who really needed money it is worth it because those $25 worth of XLM is useful for you to your everyday needs.
But make sure XLM is really legit and once you send your information they will not use it in bad things but if the partners of XLM is really legit I don't think you need to be worry.

Well I'm not a rich guy but still, I wouldn't go to that kind of KYC in exchange for a small amount I have done KYC once in one ICO but after a few months that ICO is gone and so are your confidential information, so it's not really worth giving your information for such a small amount even for a much bigger one.
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