kyc and icos - page 2. | Bitcointalksearch.org

HALLASTERA

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Activity: 252

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Quote from: iillaa on April 03, 2018, 11:00:08 AM

when doing a kyc for an ico or a worthy airdrop can i hide my id numbers ? like passport numbers and so

also what id card is the most important and i should nvr use it ? passport or id card or driver licence ?

and in case i got scammed by scam ico what can i do in case of id theft ?

and am seriously considering to do some Photoshop on my id card or passport to only use it on kycs not something else and i dont want to screw my life xd so how law look at this point ? and does those ico can identify that it got modified by Photoshop ?

ps : most ico do manual check i tried to send random document but got refused Grin

so i think that topic is worth to follow cuz we are all suffering from kyc

and one of my friends told me stories about id theft he used to send his id but now he stopped Grin

Don't give them your documents. Normally ICO's don't require your documents.

Walexizi

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I like KYC because it show the serious and unserious investors during ICO it also reduce scam and fraudulent during ICO

muhdatha

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Quote from: Quinni on April 06, 2018, 09:38:55 AM

If it's not a particularly good ico, I don't recommend going to kyc, many ico are worthless, and then defrauding investors.

One project has recently shared in the spreadsheet its Bountist's phone numbers after KYC. So we can see now how projects "secure" our personal data.

gurunanakji777

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I noticed many ICOs are asking for kyc nowadays. I think they are just follow their norms that has been made by their government to follow. In my opinion its not bad to give your identity for ICOs. On the other hand you can consider that ICO more legit than others because they do all the things in a proper manner. If your are more concerned about your Id's. Don't give your passport try to give your other Ids for Kyc.

Ab-Soul

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I hate KYC procedures. This is crypto, what id are you asking? Everybody should remain anonymous.
There are also too many scam projects just to collect personal information. Be very careful. Don't join ICO's and bounties that require KYC.

Anne8

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Quote from: dzelenyanskiy on April 06, 2018, 10:32:35 AM

Of course, I also do not like the fact that during the KYC procedure I must provide my personal data to unknown persons whom I can not trust. But to me as a participant in many bounty campaigns, this has already become a routine procedure, since almost everywhere KYC is required, and refusing to pass means losing the earned coins ...

Kyc is kind of verification to some people who join some project, whether in ico crowdsale and maybe bounty.
The fact is kyc has many cons where people refuse to fill the kyc form for any unknown reason. For me i also refuse to do it if for bounty reason. Normally only investor which need to fill KYC.

WalkerIVIV

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Quote from: Monkeyseemonkeydo on April 11, 2018, 04:44:46 AM

Quote from: tamango on April 11, 2018, 04:38:43 AM

If you hide your ID number, KYC will never be approved... they have to check this because of Government requirement......

And how would they check it? I doubt they have an access to government databases, or you mean they're going to send our IDs for checking to FBI? Grin

They wouldn't check it but it seems like it will be required for them all to defend against the regulators. The majority of regulators especially from US is really strict with ico.
KYC purpose is to confirm there is no participant from US or another countries that prohibit to participate in the ico.
They don't have any access to the database or even FBI.

iillaa

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A MAN SEEKING FOR KNOWLEDGE

Quote from: Monkeyseemonkeydo on April 11, 2018, 04:44:46 AM

Quote from: tamango on April 11, 2018, 04:38:43 AM

If you hide your ID number, KYC will never be approved... they have to check this because of Government requirement......

And how would they check it? I doubt they have an access to government databases, or you mean they're going to send our IDs for checking to FBI? Grin

well its actually the opposite Grin

the government will have access to the project data and the project is obligated to give the gov your kyc so they can simply track

you and get tax from you and by saying gov that mean the IRS i think this is basically in the usa but since most ico ban us citizen idk what is the state of other non usa

citizen toward this kyc

well am still looking into it whenever i have some time but basically sending fake info to buy token is illegal and may cuz legal pursuit ...for free money like airdrop

and bounty i dont know if its same as buying tokens or no

pujumba

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I don't think people are necessarily bad for trying to avoid KYC. For some countries such as USA, the KYC process usually means that we will be banned from participation. People look for ways around it for legitimate reasons.

Monkeyseemonkeydo

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Quote from: tamango on April 11, 2018, 04:38:43 AM

If you hide your ID number, KYC will never be approved... they have to check this because of Government requirement......

And how would they check it? I doubt they have an access to government databases, or you mean they're going to send our IDs for checking to FBI? Grin

labake

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Activity: 308

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Smile! There is no necessity for sending or uploading a fake document when you are doing kyc verification. The essence of KYc is to know either you are real or fake which they would surely go any length for verifications. Really, it’s very risky for someone uploading identity documents on network but we have no choice when you have a serious and genuine investment company which requested for it. They are trying to keep sanity for requesting kyc

tamango

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If you hide your ID number, KYC will never be approved... they have to check this because of Government requirement......

wel24

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Theres nothing wrong for KYC requirements.This is the best way to know their costumer if he or she is in restricted country of ico.Anyway ,try to research about top and good ico like SciDex .I have checked their article and social media posts and it looks amazing and cool project.You must check SciDex for more info.

loaddebitcard

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Quote from: iillaa on April 03, 2018, 11:00:08 AM

when doing a kyc for an ico or a worthy airdrop can i hide my id numbers ? like passport numbers and so

I think you better talk to bounty manager, anyway that sound real, don't see why they should refuse you.

Quote from: iillaa on April 03, 2018, 11:00:08 AM

also what id card is the most important and i should nvr use it ? passport or id card or driver licence ?

Use driver license, its the most safest way as I see.

Quote from: iillaa on April 03, 2018, 11:00:08 AM

and in case i got scammed by scam ico what can i do in case of id theft ?

Prey and yell in rage. Nothing more, really.

Quote from: iillaa on April 03, 2018, 11:00:08 AM

and am seriously considering to do some Photoshop on my id card or passport to only use it on kycs not something else and i dont want to screw my life xd so how law look at this point ? and does those ico can identify that it got modified by Photoshop ?

Don't think so, you can change some numbers there. I heard the stories when people did that and used it at official government procedures and never been caught, its 99% bounty won't be able to check that info.

Quote from: iillaa on April 03, 2018, 11:00:08 AM

ps : most ico do manual check i tried to send random document but got refused Grin

Just because they already know all IDs by free access, thousands of people are using them.

Natsuu

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Quote from: pujumba on April 11, 2018, 03:01:40 AM

I don't participate in KYC. There is too much risk. You never know who you are dealing with in crypto and you certainly do not want your identity to be sold to anyone.

Indeed. If someone wants a lot of money then he can do things unimaginably like selling the identity in black market that can be use in everything. Even though ico developers promise that kyc won't be disclosed to anyone still there will be someone who'll betrayed them. I don't want kyc either as the essence of being anonymous of cryptos are soon to be gone.

pujumba

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I don't participate in KYC. There is too much risk. You never know who you are dealing with in crypto and you certainly do not want your identity to be sold to anyone.

trimulia

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that's so complex problem but if u need more kyc u can buy my kyc, i have around 8 kyc with selfie ID card pm me if interesting

deepcryptomine

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I am a small investor and so just avoid joining ICOs now. Even for bounties I have seen KYC requirement and I have let those bounties go even after completing the work for them. I worry about my personal information and if you are planning to only invest a small sum then it is not worth it. You can just buy it when it hits the market.

Marsyam

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From my point of view, you should not trust anyone if we talk about your privacy, this information may be sold to others who will use it to be illegal and It is a risk to upload your identity to the network, so when investing in ICO, we should be sure that it is a serious and recognized team, I would not recommend using fake identities as they detect quickly.

kjnfmplm

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Quote from: iillaa on April 03, 2018, 11:00:08 AM

when doing a kyc for an ico or a worthy airdrop can i hide my id numbers ? like passport numbers and so

also what id card is the most important and i should nvr use it ? passport or id card or driver licence ?

and in case i got scammed by scam ico what can i do in case of id theft ?

and am seriously considering to do some Photoshop on my id card or passport to only use it on kycs not something else and i dont want to screw my life xd so how law look at this point ? and does those ico can identify that it got modified by Photoshop ?

ps : most ico do manual check i tried to send random document but got refused Grin

so i think that topic is worth to follow cuz we are all suffering from kyc

and one of my friends told me stories about id theft he used to send his id but now he stopped Grin

I once saw a campaign which is highly paying even for junior members. But the problem is this KYC (Know-Your-Customers). I am in doubt on whether it is really necessary to give such personal information for a campaign. That's why I did not join. But, what are the risks that you can get if you applied and send your personal info in this kind of campaign?

I think that it is illegal to manipulate the info that you will send. But, did not look for further info.

Topic: kyc and icos - page 2. (Read 569 times)