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Topic: KYC - page 5. (Read 11394 times)

jr. member
Activity: 322
Merit: 1
February 06, 2019, 02:26:20 AM
Kyc as been the talk of day recently.
But in my own opinion also, I think kyc should be meant for high investors and not for little airdrop hunters as it has been why because airdrop hunters have little or no impact on the project compared to some whales investors.
full member
Activity: 350
Merit: 100
MenaPay - Crypto made easier than cash
February 06, 2019, 01:24:10 AM
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
In fact, this is nonsense, to take risks and give all the information for the possible $ 30 or several tokens. It is better to introduce these rules for large companies.
member
Activity: 336
Merit: 12
February 06, 2019, 01:09:05 AM
Its just weird ,trying to collect 3$ to 12$ worth of airdrop you must go through KYC process? I won't bother with any airdrops with KYC at that low payout unless it actually worth something like 100$- 500$?
member
Activity: 546
Merit: 21
February 06, 2019, 01:03:28 AM
Thought KYC implementation would be for those that want to buy large quantity of tokens or coins but when I start seeing airdrops asking for KYC over just a little value of 2-8$ airdrop worth I was heartbroken
legendary
Activity: 3108
Merit: 1029
February 06, 2019, 12:46:49 AM
KYC must be prohibited for any of the reason other than exchange for using a high volume. I would never put my identity to someone whom I don't fukcing know for a tiny amounts of bucks.
And that's why we don't agree if KYC should be applied to the promoters. I never do that same thing like complete KYC verification. Some of my emails already got stolen and it has already listed on the list of stolen email in the deepweb. that sucks
member
Activity: 535
Merit: 33
here we go
February 06, 2019, 12:04:31 AM
KYC must be prohibited for any of the reason other than exchange for using a high volume. I would never put my identity to someone whom I don't fukcing know for a tiny amounts of bucks.

I also don't trust exchanges as well, specially shitty exchanges and if ever I wanted to join and create an account I always read their TOS because I don't want to be caught wherein I don't have a choice but to give up my identify just to able to withdraw my funds.

But for airdrops? - NO
Bounty campaigns - NO

It's really unnecessary because you don't know where you personal data will end up. So be very careful and cautious about bounties you're joining in the future.

Yes this sounds very important and terrible, but out there are still many who are willing to give their identity for a number of tokens with unclear values. They want to do because of the lure of promotion.
full member
Activity: 389
Merit: 103
February 05, 2019, 11:59:17 PM
Do not submit your KYC to unknown strangers especially in cryptocurrency because some of it will profit your data and some of it will used your identity to illegal things or used it as fraud (anonymous will use your id as him/her, i don't know what's that called, it's like similar to carding) to transact on some companies. Airdrop was meant to promote ones project by giving their assets (coins/tokens) to the ones who register in their airdrop lists and no more extra details needed. Very promising project or not, skip any Airdrop that requires KYC at all costs, that's all.

There's still other projects that currently having "weekly type" Airdrop that doesn't need KYC and you should join it.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
February 05, 2019, 11:35:11 PM
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
For me this is not required to submit KYC specially if small token to airdrops,, because  it possible they used our identity to pass in other project, so be careful to submit your information to small airdrops to pass KYC.
hero member
Activity: 2842
Merit: 772
February 05, 2019, 11:22:33 PM
KYC must be prohibited for any of the reason other than exchange for using a high volume. I would never put my identity to someone whom I don't fukcing know for a tiny amounts of bucks.

I also don't trust exchanges as well, specially shitty exchanges and if ever I wanted to join and create an account I always read their TOS because I don't want to be caught wherein I don't have a choice but to give up my identify just to able to withdraw my funds.

But for airdrops? - NO
Bounty campaigns - NO

It's really unnecessary because you don't know where you personal data will end up. So be very careful and cautious about bounties you're joining in the future.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
February 05, 2019, 11:17:42 PM
KYC must be prohibited for any of the reason other than exchange for using a high volume. I would never put my identity to someone whom I don't fukcing know for a tiny amounts of bucks.
member
Activity: 420
Merit: 10
February 05, 2019, 10:33:15 PM
Of course, gradually, the opportunities and benefits of KYC technology need to be introduced in the crypto market. After all, it will be possible to increase the reliability of ICO and gain confidence among investors. But I’m unlikely to participate in airdrops programs that require KYC to take place.
sr. member
Activity: 664
Merit: 253
SmartFi - EARN, LEND & TRADE
January 31, 2019, 07:50:34 AM
This situation completely unnecessary only a little reward for small airdrop. It's been while I stopped participate in any kinds small airdrop.
I never even participated in an airdrop campaign. surely all participants will flood to join. and when more people join, less can be obtained. not to mention very little allocation, if you have to fill KYC with our personal data it seems that it is not feasible.
jr. member
Activity: 280
Merit: 1
ADAB Solutions First crypto exchange Islamic Cryp
January 31, 2019, 07:46:18 AM
Yes, I agree.  KYC for airdrop is an absolutely unnecessary process, because very often they don’t pay anything at all!
member
Activity: 490
Merit: 10
January 24, 2019, 02:14:30 PM
To be completely honest, it seems to me that the KYC procedure is an unnecessary thing that we are forced to do only because the government is afraid of losing control over everything and everyone. But in reality, this does not help to increase security or protection against terrorism.
sr. member
Activity: 1106
Merit: 250
Vave.com - Crypto Casino
January 24, 2019, 01:53:52 PM
KYC for small airdrop i am not like this. And also i am never doing this kind airdrop where they want KYC.Because KYC is very sensitive and i am not sure where going may document. I don't know they will use it for any purpose.
hero member
Activity: 966
Merit: 507
January 24, 2019, 01:44:25 PM
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

I believe many threads have been opened blaming KYC for airdrops. This is not the first one.
hero member
Activity: 1022
Merit: 500
January 24, 2019, 01:37:18 PM
KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

I'm not participating in any airdrops, especially if they are asking or requiring participant to comply KYC before receiving their tokens, that's actually insane. I'm not gonna do it in just small amount of token in the airdrops for the value of my personal information like my documents. And for me airdrops is not profitable in my own point of view. Though, I'm not saying you should not join in it, no its not that guys. This is just in my opinion only
full member
Activity: 602
Merit: 100
January 24, 2019, 01:13:17 PM
KYC processes today are still not entirely transparent. It seems to me that today you need to be much more sensitive. I am sure that it is probably better not to go through KYC processes for security reasons.
hero member
Activity: 1484
Merit: 500
Across The Universe
January 24, 2019, 01:00:06 PM
now airdrop is not profitable because there are many that end up scam so if we are told to verify KYC it is better not to follow because the results of airdrop are not great, but if from an ICO project it doesn't hurt to follow KYC at least before the project is examined first.
member
Activity: 574
Merit: 12
January 24, 2019, 12:55:47 PM
My opinion is that if you meet a KYC in any airdrop, run away from this project as quickly as possible. People who force you to provide them with your documents are ordinary fraudsters who are engaged in collecting  of  passport data from people. Don't fall for their tricks.
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