KYC - page 10. | Bitcointalksearch.org

Snake9999

member

Activity: 415

Merit: 10

Fast, Smart, Trustworthy

Quote from: MCJamison1987 on November 23, 2018, 03:35:02 PM

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

I think most projects that require KYC want to make money by selling our privacy, instead of assigning rewards to us! What do you think?

BogdanGFTP

full member

Activity: 504

Merit: 101

The regulators will make KYC even more complicated than now, I guess. And that is because of bigger amount of money laundering cases that uses cryptocurrency schemes. So we should be patient.

arkawa040

member

Activity: 434

Merit: 10

Quote from: Delimelibeli on November 23, 2018, 04:35:17 PM

I think KYC is very ridiculous process for airdrops because we don't get enough token for make KYC

I agree with you completely, they need for airdrops what is a single form, in the likeness of the Civic program, passed it once and all, and constantly fill out documents for the sake of a few dollars or who will not, in that and then airdrops spends little time.

Olatunjex

full member

Activity: 1064

Merit: 102

I don't have enough time for airdrop not to talk of doing kyc for airdrop which will not bring good value especially in this bad condition market, it is a matter of choice whether to do it or not.

Thyphon

jr. member

Activity: 98

Merit: 2

I think the KYC for the Airdrops is really ridiculous. They want KYC to give 1 dollar. This is funny

babarian

full member

Activity: 658

Merit: 100

Quote from: Jasad on November 28, 2018, 04:10:18 AM

Quote from: MCJamison1987 on November 23, 2018, 03:35:02 PM

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

you can ignore it and not do KYC especially for airdrop. but if you take part in a signature campaign, you can't help but do it as a way to accept tokens. and almost all ico currently register KYC

yes I really agree with that. I also think if the tokens we get are small and not worth the complexity of the KYC that we have to do then you should ignore them.

Jasad

legendary

Activity: 1414

Merit: 1002

= jasad =

Quote from: MCJamison1987 on November 23, 2018, 03:35:02 PM

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

you can ignore it and not do KYC especially for airdrop. but if you take part in a signature campaign, you can't help but do it as a way to accept tokens. and almost all ico currently register KYC

Conte_Forni

member

Activity: 406

Merit: 10

https://www.bitc2.org/

Well, this is already funny, I have never come across this before, but now I don’t share them. Many have already been obsessed with KYC, and some are straightforward although I have complete information about myself. I’m more annoyed by novice exchanges that require KYC before they could make a deposit, get to the bottom of every little thing, it’s very annoying when you have to wait 3-4 days to get to the exchange

r_delossa

member

Activity: 490

Merit: 10

KYC is a great tool for ICOs and Bounties, because it helps to identify cheaters, but I would never risk my personal information for a small airdrop that is worth absolutely nothing. Be advised and be careful with your information.

meldrio1

full member

Activity: 1358

Merit: 100

airdrops that needs KYC is a joke, why do you send all information about you for just a cents, airdrops these days are not worth it and having KYC to qualify is very risky, they will gonna use your information to scam people so don't join.

fortelen

sr. member

Activity: 728

Merit: 250

I think this is often asked in this case. KYC can be good and bad things to be felt. If viewed from a policy of anonymous so KYC is incompatible with it. even more often it is used for identity theft even if it's just for things like not even airdrop get results commensurate with the risk.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: Delimelibeli on November 23, 2018, 04:35:17 PM

I think KYC is very ridiculous process for airdrops because we don't get enough token for make KYC

I agree there was one airdrop that asked me to do a KYC in exchange for their $5 worth of token, wow they want my data for their useless token that they think will fetch $5 in the market where they do not offer anything to the public, and they just want to dump their bags when the right time comes.

chenczane

full member

Activity: 430

Merit: 100

NO. KYC is not worth it for airdrops. I don't see a point on why they need KYC for sending tokens that has the same price as the cheapest candies. The worst airdrop I receive is around $0.5 USD. This is not a typo error, that is the right price and its not worth our effort. Although there are a few airdrops that was giving out a decent amount, KYC must not be required because it requires a lot of effort and the rewards are not worth it.

tracyhayley

full member

Activity: 652

Merit: 103

if i were you, i won't do the KYC for a small airdrop. it mean you sell your self information for a pennies to unknown people.
maybe they will use the KYC that you've submitted to do something crime. or maybe they use submitted KYC to join other airdrops/giveaway that use some KYC Sad

yescrypto

jr. member

Activity: 319

Merit: 2

A nexgen decentralized ride hailing

Having kyc for just airdrop is actually a way of scamming people off their information, saw one some days ago and it reminded a full ID info for just opening an account on their site which happened to be their airdrop and i keep wondering how is that related if not something more are to be considered about them. Well we are left to choose what to do now

Ambers

member

Activity: 476

Merit: 11

KYC for investors is a necessity, because investors are investing their money and the project must be sure that its investors are not people who have acquired this money in a criminal way. For participants in the bounty, KYC is not such a necessity, because they are not invest their money.

Sifon

jr. member

Activity: 112

Merit: 2

Quote from: MCJamison1987 on November 23, 2018, 03:35:02 PM

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

Oh well, it's simple, I'll never do KYC for worthless airdrops. It's a complete waste of time and senseless way of dropping your IDs with people who you're not sure are legit

SinisterBountyHunter

copper member

Activity: 92

Merit: 0

● ● ● CryptoMarketAds &#

You should only do KYC when you are investing on a token sale. Do not submit KYC details when you are just joining a airdrop. KYC is a requirement for the law compliance, airdrop does not cover that. Do not expose your credentials by just a small portion of reward.

yugyug

sr. member

Activity: 616

Merit: 256

Before passing for the KYC requirement just do a research about the project before making into action to evade such personal data being compromised. Although complying such requirements gives a good benefit when the project is legit where bounty participants is being filtered and distributing the stake is quite bigger.

Debonaire217

sr. member

Activity: 644

Merit: 364

In Code We Trust

Quote from: MCJamison1987 on November 23, 2018, 03:35:02 PM

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

I think KYC is just really necessary for investors in order to verify that they are really going to be part of the project. But for the case of airdrop, the reason is too weak. In bounty, it sometimes needs because many users duplicates their accounts.

Topic: KYC - page 10. (Read 11394 times)