This has become the norm. But I still can understand when there are good projects that for some reason are asked to pass the KYC, but when KYC require to pass absolutely all bad projects, it is not normal.
Topic: KYC for Airdrops: A bad precedence - page 2. (Read 198064 times)
Lots of airdrops fake to collect personal information except for a few big projects (Example: XLM). Basically, they apply KYC to prevent the cheater, but this is also very vulnerable.
Kyc isn't good at all for Airdrops, not like you will receive something reasonable, rather you will be given something not worth it, and they excpect one to upload his details. Kyc should be kick against for airdrops. Kyc should be for investors. Kyc for investors is necessary for investors.
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.
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 think it's not ICO teams idea to force people that want to get airdrops to pass KYC procedure... They are not interested in this at all, these rules restrict their target audience and airdrops are usually made to broaden it.
All i observed about the whole kyc stuffs is just a way of scamming people, imagine why would you request for a whole information about someone for a worthless coin not even those people buying or bounty but airdrop which has no value this days. We all need need to avoid such
What for airdrop project needed KYC, have it work or just bullshit for participated at their project and take our identity, we have smart to choose which one have to upload our data and know is legit or not before submit our KYC at their website.
that's a good thing, for me Airdrop is to enlarge the community and generate trust in the project. KYC only worsens the project, and participants will not be interested in joining. so far I have not found it.Do you think projects want to do KYC? Of course, not! It costs a lot of money, i'm sure! They are forced to do it to protect themselves. No one want to get problems with law. For example, residents of the United States can't take part in bounty programs or airdrops. So, projects are forced to check if you are USA resident.
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.
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.
For ICO regulations, good job Teams. But for airdrop hunters, its not the best thing to filter out the legitimacy of using one account per person in the crypto space. Well, not a big requirement for airdrop to require KYC.
What for airdrop project needed KYC, have it work or just bullshit for participated at their project and take our identity, we have smart to choose which one have to upload our data and know is legit or not before submit our KYC at their website.
that's a good thing, for me Airdrop is to enlarge the community and generate trust in the project. KYC only worsens the project, and participants will not be interested in joining. so far I have not found it.
I agree with the author that KYC for airdrop is already a bust. For the pitiful cents, we must provide passport data to unknown people, who in 95% of cases are fraudsters and then resell the databases to other fraudsters who can use this data to the detriment of all of us.
KYC is a process that I’m afraid to do today because today I’m information worth its weight in gold. I see that today information is becoming a very valuable product. Therefore, I understand that the KYC process is a process to be feared.
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.
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.
Why would they even ask for the KYC on airdrops? Like, what is the sense? I can't see any importance in submitting KYC just for joining airdrops. But if they want it, and you also want to join, you have no choice but to do so.
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.
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 think it already became a norm because people are willing to give their personal info no matter whats the price. And that's just completely wrong. Yeah crypto is all about anonymity. I was somehow fine with KYC to invest in ICO, then it started with bounty KYC, which sometimes you don't even know how much you will get, is it even worth it, and will the price stay the same or be higher once coin/token reaches exchanges. But for airdrop I don't really think that KYC is needed, and I do miss the old days, when you just had to post your address, do few shares on social media and thats it...
In fact, nowadays, to access other personal identity unknowingly is very easy especially for those who are master in electronics gadgets and in programming system.. Personal information or ID with the indication of tin # or account number would be vulnerable to use by another unknown person. KYC shouts in crypto must not be compulsory if the project cannot secure the system at all times. Neither passing KYC or not to be careful is always necessary.
Kyc for airdrop isn't nice, i do not support it, imagine being given a token of just $3 and you are asked to submit your confidential details. This should be kicked against by this great community. KYC should be for investors.
Airdrop is a token distribution absolutely free of any charge.
Maximum amount of information requested for any airdrop should include: wallet address, telegram id and probably email. Its all.
Maximum amount of information requested for any airdrop should include: wallet address, telegram id and probably email. Its all.
What for airdrop project needed KYC, have it work or just bullshit for participated at their project and take our identity, we have smart to choose which one have to upload our data and know is legit or not before submit our KYC at their website.
Right now, in my 2 years experience i have to do kyc for bounty only for JINBI.
It's not a big deal for me if the project is serious.
You mean in the 2 years you did not got more serious project? in my 1 years experience there are a lot of project i got which asking KYC. But before 2 years KYC was very rare when i was not familiar with it. In my crypto life i have been passed KYC almost 15 to 20 project. It's not a big deal for me if the project is serious.
I have always been wary of airdrops who ask for my documents. In fact, it turns out that for $ 1–2 you sell your data to unknown persons. What really happens next with your documents can only guess.
from this I learned and I decided not to follow airdrop who gave up the KYC. I am more interested in bounty and trading. Airdrop with KYC is very difficult for me. I agree with you.
Yes I think so. KYC for airdrops is not necessary in my opinion because its supposed to be a give away token and everyone should be able to have it. Airdrops is just a way of introducing the token to the public and I don't think KYC is necessary for it. There has been KYC in investing in an ICO and doing bounty campaigns and I think thats already enough.
but the developer needs community data that is completely valid. and maybe KYC is a way for developers to get the identity of each community that joins their project. not only airdrop participants, bounty campaign participants, and investors, I think they all also have to fill KYC now. this all revolves around community issues that can strengthen a project. Jump to: