Topic: KYC for Airdrops: A bad precedence - page 13. (Read 198064 times)
KYC for airdrops, I strongly suggest or recommend that KYC should be removed from airdrops campaign, though KYC is a great tool in business and have been contributing positively in business am sure that is why it is introduced to crypto currency, though in crypto currency it has been a major hit because it helps reduce scammers and allows project to know who are investing in the project, but introducing it to airdrops is a no go areas for me.
I don't ever give KYC for airdrops. There is no proceedings. I am not their customer or client. Why would they need to check my income and source of funds? It makes no sense at all.
KYC for airdrops, KYC is a very important tool in business especially in crypto currency because it helps reduce scammers and allows project to know more about its investors or customers more, but implementing it in airdrops is not really a good implementation because airdrops will give you little stakes which don't worth the stress of KYC.
I fully agree, for airdrop do not recommend to pass kyc, now a lot of scams that will use your documents
I do not recommend if KYC is also applied to Airdrops. It's better not to follow airdrops if they use KYC. For what to do complicated things and complicated processes for the value of tokens is very very small and its future is unclear. You will only get the burden and also the loss because you have wasted time for that little money.
I certainly will not attend an airdrop with kyc. Apparently there are many fraudsters who only want to have my data. Many people complain about this in the forum and for that reason i stay away from such airdrops.
How many times already can we talk about the same thing. Do not participate in airdrops. And if you are asked to provide documents - be sure that this is a fraudulent scheme.
Although asking for KYC is logical for them, it's not logical for most of us as we love cryptocurrency because of its anonymity. Moreover, issuing our documents to some unknown persons can harm us. How can we believe them? They may temporize our information, although there are some legit ICOs. However, I don't prefer to provide my identity. That's why I could not able to some of my chosen ICO even.
I have done some KYC in my past bounties effectively just on the off chance that I have a not too bad stakes however before doing KYC I tried to examine about the group and the engineers of the project.And about airdrop KYC I haven't experienced an airdrop requiring kyc yet in the event that there is, I wont chance my character uniquely if the task haven't set up a name that could be trusted.
Kyc know your customer is a security process that bounty organisers use to protect their product. it's show your nationality and also your identity but me I don't think k. Y. C is not needed for airdrops
I have recently seen where bounty hunters were asked to present identifying documents. Am really against kyc because one of the reasons I joined crypto was the anonymity which it provides. But sadly that's gently creeping away.
Now this KYC has come into airdrops. Imagine am to submit my ID to some I don't know which planet he or she or they are from for some pennies worth tokens.
It's terrible and this is a bad precedence these people are setting.
If as a community we do not say no to this, then it would become the norm.
I'm okay about KYC for bounties, but for airdrops that's certainly nonsense, though it might be required due to some law issues, especially if the project comes from Europe. Of course, it's a bad precedence since it kills the whole idea of crypto being anonymous (what actually attracted so many people to this technology). Now this KYC has come into airdrops. Imagine am to submit my ID to some I don't know which planet he or she or they are from for some pennies worth tokens.
It's terrible and this is a bad precedence these people are setting.
If as a community we do not say no to this, then it would become the norm.
Nobody should give their personal information and identification in exchange for few bucks worth of coins. Most airdrops are not worth of even participating.
I'm not going to provide my data due to a few coins that can never grow. I've seen a lot of projects that demanded the KYC from bounty hunters and it turned out to be a scam.
KYC for participation in the airdrop is something that completely transcends reality. Avoid such projects.
I only join a few Airdrop these days cause of so many scammer lurking around on them and sometimes they sent you an email that you needed to submit KYC before you can get your token. This is inappropriate cause a free token that only cause a pennies shouldn't not required to report KYC.
Sadly, it is becoming the norm, and to say such has found way into airdrops now, some of them worthless and just there inside the wallet, it means this KYC of a think is going to become the trend then. If you want to do KYC, if at all, do it for coins that worth it and not coins from airdrops that would worth nothing in the long run. The submission of personal details, and here, they get to choose which they want is really really risky. It could be used against one.
ye, i agree, it can be even a new type of scam, where people just use your personal datas to get some benefits
I think KYC for airdrop is not needed because airdrop is free but some airdrops, they need KYC, i think they will give you more tokens because it needs more steps to get rewards
Airdrop is only a little measure of free coin for every person. For what reason do individuals require kyc records? When you join the facebook battle some close to home data is there then kyc required? This is truly stopped unexplained and we don't know whether they truly hold our own records privacy. On the off chance that it doesn't change, trusting there is proof to sign that our own information won't be given to accomplices or other ICO ventures.
I have recently seen where bounty hunters were asked to present identifying documents. Am really against kyc because one of the reasons I joined crypto was the anonymity which it provides. But sadly that's gently creeping away.
Now this KYC has come into airdrops. Imagine am to submit my ID to some I don't know which planet he or she or they are from for some pennies worth tokens.
It's terrible and this is a bad precedence these people are setting.
If as a community we do not say no to this, then it would become the norm.
I agree with your buddy. I don't recommend submitting KYC for a airdrop. Bounty KYC are ok. But most of airdrops are scams. So how can we trust them to submit our documents? Now this KYC has come into airdrops. Imagine am to submit my ID to some I don't know which planet he or she or they are from for some pennies worth tokens.
It's terrible and this is a bad precedence these people are setting.
If as a community we do not say no to this, then it would become the norm.
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