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Topic: KYC (Read 11394 times)

member
Activity: 476
Merit: 10
Cryptoknowmics - World's First Decentralized Media
KYC
July 01, 2019, 11:30:00 AM
i wont do that for airdrops its a private information you have we didnt know how will they use it . i think I go KYC for a trusted company and if needed
full member
Activity: 700
Merit: 100
July 01, 2019, 10:42:26 AM
the problem was that DEV requested KYC documents before they distributed the prizes and didn't ask for it from the start so it was very difficult to avoid KYC after what we had done during the campaign
if you follow the campaign according to the rules. maybe there won't be a problem with KYC. logically, when the bounty has not yet been distributed, we are still following the development of the social media project group. and of course we will not be left behind by information for KYC.
hero member
Activity: 798
Merit: 503
July 01, 2019, 10:37:25 AM
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
Of course yes. In most cases, you just give your personal data along with copies of all your documents to strangers. Therefore, before doing this, think several times about whether you need it at all or not. Before you pass the KYC, you must make sure that the project is reliable. But even in this case if that project is relatively reliable, your data is still under threat.
member
Activity: 588
Merit: 11
July 01, 2019, 10:35:41 AM
I agree that the KYC procedure should be applied to investors but not to bounty hunters or in small airdrops. Many people think that the KYC helps to avoid a scam, but I think that it is not..KYC does not affect the amount of earnings.
full member
Activity: 700
Merit: 101
July 01, 2019, 10:14:49 AM
I agree that KYC is indeed something strange especially if the airdrop with a prize is only $ 10 asking for KYC.
We must be careful with this KYC system, because there are already many people who are victims when their KYC is used for illegal things.
I highly recommend not to follow Airdrop, which requires KYC and for prizes, we must ensure that the objects we follow are real projects and open fraud projects.
the problem was that DEV requested KYC documents before they distributed the prizes and didn't ask for it from the start so it was very difficult to avoid KYC after what we had done during the campaign
copper member
Activity: 224
Merit: 0
July 01, 2019, 10:13:29 AM
I believe that KYC should be done in every token offering and bounty programme at the certain level.  I do no think that KYC is a necessary for small airdrops, contributions below 1k USD or bounty payments that are not exceeding 1k USD as well.
member
Activity: 403
Merit: 10
July 01, 2019, 10:09:42 AM
Mostly of the bounty Hunter thinking that, KYC is complicate and unnecessary ,  airdrops for KYC very unnecessary.  I agree it. but  KYC is complicated when the projects are Fake and not have enough products there. But good project have enough products to supply the demands of the crypto users.
member
Activity: 345
Merit: 10
July 01, 2019, 09:40:29 AM
I agree that KYC is indeed something strange especially if the airdrop with a prize is only $ 10 asking for KYC.
We must be careful with this KYC system, because there are already many people who are victims when their KYC is used for illegal things.
I highly recommend not to follow Airdrop, which requires KYC and for prizes, we must ensure that the objects we follow are real projects and open fraud projects.
it's strange but it's only to limit there are many people who use events by joining multiple accounts to get more results. we encounter a lot, especially at Airdrop, it will be very risky to occur.
full member
Activity: 504
Merit: 100
July 01, 2019, 09:35:00 AM
I agree that KYC is indeed something strange especially if the airdrop with a prize is only $ 10 asking for KYC.
We must be careful with this KYC system, because there are already many people who are victims when their KYC is used for illegal things.
I highly recommend not to follow Airdrop, which requires KYC and for prizes, we must ensure that the objects we follow are real projects and open fraud projects.
copper member
Activity: 266
Merit: 0
July 01, 2019, 09:30:19 AM
Implementing KYC for Airdrops is totally useless because majority of the airdrops are worthless.  I got many of them in my eth wallet. Their value is worthless, they valued not more than $0.50 ,$0.30 . I feel its still ok implementing KYC for bounties ,  because of the cheaters .Besides, Bounties payment still worth a little.
full member
Activity: 308
Merit: 100
I'm nothing without GOD
July 01, 2019, 09:03:05 AM
a KYC for an airdrop is ridiculous ,for how much can one earn from airdrop? only 1-10$? that just a waste, even some bounties that implement KYC, come to think that that in the first time cryptocurrency should be all privacy , if you really want to know a single-complete KYC it's is sell at 200$-500$ is some darknet/darkmarket.
copper member
Activity: 462
Merit: 10
July 01, 2019, 05:14:13 AM
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
kyc is quite complicated as some projects always abuses the use of kyc and when and where to initiate them. Projects asking for kyc in airdrops or bounties that worth noting is totally uncalled for and very unprofessional. The point is that some of this project teams lacks legal knowledge
member
Activity: 574
Merit: 18
Making Smart Money Work
July 01, 2019, 01:22:14 AM
The threat in KYC is more than just Airdrops and Bounties implemented projects ,I heard some people buy others identity through deep darkweb and this scares the heck out of me ,I don't want that to happen to me
full member
Activity: 574
Merit: 100
June 30, 2019, 11:28:57 PM
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

KYC for airdrops???, I think what you mean is KYC in bounties. Airdrops doesn't requires any KYC of some sort because its a free and trial tokens. Don't join airdrops that requires KYC because its pathethic and it might just steal your information or scammed you. Nowadays airdrops in bounties are very common because developers are trying to identify cheaters and they want to have an idea who their customer is.
member
Activity: 784
Merit: 10
June 30, 2019, 08:34:12 PM
I think kyc for just an airdrop campaign is not necessary, perhaps there are chances that some fraud projects may rob our personal information that we submit through kyc, it's ok if the project is legit however if not, it is dangerous that our identity may have been theft.
sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
June 30, 2019, 07:46:25 PM
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
KYC can be far away from cryptocurrency as decentralization, like bank kyc need for customer into registering and become new member. and it will be kyc aren't important by cryptocurrency wolrd.
member
Activity: 378
Merit: 10
June 30, 2019, 06:30:39 PM
Knowing Your Customer (KYC) has been and important issue for many project managers out there but considering making request for KYC from airdrop participants is really not encouraging because at the long round, nothing good comes from the little tokens as airdrop participants. I like KYC all because it prevents double entries.
42K
member
Activity: 364
Merit: 10
Erotic Industry on the Blockchain! RachelX
June 30, 2019, 06:19:13 PM
KYC is necessary in cryptocurrency to avoid scamming and fraudulent activities. KYC is a good thing and will help investors a lot. 
full member
Activity: 652
Merit: 103
June 30, 2019, 05:56:20 PM
I won't do some KYC for the airdrops. I won't sell my private data just for some pennies. It's not worth. You should keep your private data safe. Don't allow some airdrop to tempted you to do some KYC and i'm not even sure they will paid you after you do some KYC.
full member
Activity: 1232
Merit: 143
June 30, 2019, 05:29:24 PM
KYC and unnecessary on 99% of the times the bounty and airdrop admins ask for. Today whenever I am behind some bounty I avoid all the campaigns that compel the KYC.
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