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Topic: KYC - page 11. (Read 11394 times)

jr. member
Activity: 99
Merit: 1
November 25, 2018, 05:58:46 PM
#85
I also agree with you. for now there are many projects that use KYC for bounty and small airdrops hunters.
I don't think it needs to be applied to bounty hunters who just want to work, KYC should be required for investors and buyers only.
Moreover, KYC, which I feel is very complicated for hunter bounties and small airdrops, is very detrimental to us as bounty hunters and small airdrops.
full member
Activity: 644
Merit: 111
November 25, 2018, 05:55:01 PM
#84
In General, the KYC procedure is not so terrible. This is quite a reasonable measure to stop the participation of bots and multi accounts. But this is a reasonable measure for normal projects. And you need to check the project very well before you send it your data.
member
Activity: 632
Merit: 60
November 25, 2018, 05:50:19 PM
#83
For airdrop, this procedure is definitely unnecessary. They are attended by a lot of people and why the project needs the data of all these people? But on the other hand, it would help to get rid of various bots and multi-accounts and real people would get more tokens. The only problem is that most of the airdrops are scammers and participate in them has long been not profitable.
member
Activity: 630
Merit: 10
November 25, 2018, 04:43:40 PM
#82
Yes it is unnecessary to give KYC  for airdrop as its usually a project without ICO and working platform.  Better to stay away.
jr. member
Activity: 169
Merit: 2
November 25, 2018, 04:19:16 PM
#81
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

From one point of view KYC is not a good thing and just the method to get our data, from the other point of view it is a good thing to secure some participants and projects. In my opinion it is needed in some processes, but in some it is not necessary at all. The key point that I remember to be very attentive passing KYC.
sr. member
Activity: 498
Merit: 251
CryptoTalk.Org - Get Paid for every Post!
November 25, 2018, 04:09:27 PM
#80
Airdrop requires KYC? That must be funny. Some ICO that belongs to countries that impose regulations on KYC do require it but indeed disgusting. I dont like it personally giving my personal information to someone/people I do not know. I feel that can be used against me anytime at any reason they want but when it comes to airdrops, its unreasonable. My identity is more valuable than the residue income I’ll be getting from airdrop. Better not give them at all.
Even though it sounds funny but the fact is now some airdrop and bounty need KYC to avoid Anti Money Laundry (AML). If you don't want to give KYC to them, it's better to ask them first before joining. Actually I also don't like KYC, because after I give it to them a few days later I always get offers about the token sale other platforms and spam messages that come to email
member
Activity: 364
Merit: 10
November 25, 2018, 04:05:54 PM
#79
It is just funny. Main purpose collect personal data, or avoid payments.
Funny tactics for some bounty/airdrops to ask for personal documents in exchange of penny. When can we people learn that our personal data is not for sale and it is important to protect our privacy.
full member
Activity: 462
Merit: 100
MYCRYPTOBANK.IO
November 25, 2018, 03:51:29 PM
#78
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

KYC on a small airdrop sounds bad and risky. Moreover the rewards which is given not really big, So you should re-think about it whether you want to give your passport/national identity in return for just less than $10.
full member
Activity: 672
Merit: 140
November 25, 2018, 03:46:38 PM
#77
For ICO KYC might be important because of AML.

For airdrops and bounties is ridiculous, we are not investing any money, so there could not be any money laundering.

It is just funny. Main purpose collect personal data, or avoid payments.
jr. member
Activity: 362
Merit: 2
November 25, 2018, 03:36:47 PM
#76
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
KYC of course you should not take place if your income will be minimal. Generally not recommended to disclose your personal data to third parties in order to avoid any confusion. It's one thing to go through KYC on the stock exchange for the withdrawal of large sums, and another thing to pass it for airdrop.
hero member
Activity: 2072
Merit: 542
DGbet.fun - Crypto Sportsbook
November 25, 2018, 03:33:55 PM
#75
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
Don't waste your time on airdrops that requires KYC. Privacy is valuable than money and if you value yourself then you will think twice if bounty/airdrops that will require KYC.
newbie
Activity: 185
Merit: 0
November 25, 2018, 03:21:41 PM
#74
Airdrop requires KYC? That must be funny. Some ICO that belongs to countries that impose regulations on KYC do require it but indeed disgusting. I dont like it personally giving my personal information to someone/people I do not know. I feel that can be used against me anytime at any reason they want but when it comes to airdrops, its unreasonable. My identity is more valuable than the residue income I’ll be getting from airdrop. Better not give them at all.

Absolutely.
its ridiculous for the amount of token we get.
Plus, the process is mostly troublesome
newbie
Activity: 185
Merit: 0
November 25, 2018, 03:20:01 PM
#73
I think KYC is very ridiculous process for airdrops because we don't get enough token for make KYC

Agreed!
that is my point as well.
KYC is just not worth it for small amount of tokens
member
Activity: 532
Merit: 10
November 25, 2018, 01:15:08 AM
#72
There are some platforms that requires this KYC to eliminate cheaters in our society. They simply requires identification that everyone must have. But there are some that is strict in implenting this KYC, they only required passport that everyone must not have just like me.
full member
Activity: 910
Merit: 103
November 25, 2018, 01:07:22 AM
#71
KYC is one of the most controversial subjects in today’s crypto world, It’s the process of identity verification of the customer, investor is supposed to pass the KYC procedure and provide their credentials in order to participate in the ICO, but not for aidrop campaign, it's not worth is submit your identify to get a few bucks reward
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
November 25, 2018, 12:32:03 AM
#70
if you become a participant from your airdrop you do KYC and give your identity like a passport or another that gives your identity to others in my opinion it is very terrible because your identity can be used for other people's crimes without your knowledge, you should not do it because of the risk too high and your identity is paid at a very cheap price.
full member
Activity: 840
Merit: 101
November 25, 2018, 12:23:28 AM
#69
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

That one is a risky airdrop. I don't think you should join it or if ever you join it and they need KYC, don't take the risk. Only bounties need KYC and not airdrops. It is really unnecessary and it is fishy that those people ask for KYC.
full member
Activity: 770
Merit: 102
Matrix Built On An Ethereum Smart Contract
November 25, 2018, 12:01:39 AM
#68
What is needed is a blockchain based way of automating the KYC process by verifying your information and making it publicly available in terms of nationality and country of residence but protecting your identity documents from unauthorized use. Would speed up KYC process and eliminate the need to send personal information to people who might misuse it.
newbie
Activity: 14
Merit: 0
November 24, 2018, 11:53:41 PM
#67
Tell me, what to invest at now?
member
Activity: 166
Merit: 12
“The World's 1st Waste to Green Energy DLT Project
November 24, 2018, 11:33:51 PM
#66
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

Actually if airdrop needs kyc that means that some are plotting against those participants. This is a free token called airdrop, only a small amount of task is delivered here and not investing money. How come KYC should be implemented? Very funny question.
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