KYC for Airdrops: A bad precedence - page 25.

TomiJerry

full member

Activity: 462

Merit: 101

Quote from: yomarve on February 14, 2018, 06:30:31 PM

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.

No one forces you to take part in airdrops and bounty campaigns. To be honest, tokens are not exactly cryptocurrency for me. You can be invloved to mining or just buy Bitcoin and no one will ask for your passport.

Stormspirit

sr. member

Activity: 642

Merit: 250

I feel worried about the identity of being abused by irresponsible parties. Not appropriate for coin promoters or tokens to request KYC for a small number of tokens. I think a few drops of air can be set to get a copy of ID only. For the rewards program I consider it reasonable, but for airdrop programs there should be too much KYC.

ternyabin

full member

Activity: 238

Merit: 100

Quote from: Haynes on July 24, 2018, 01:05:21 AM

if it's like that I don't want to join the campaign, because it can destroy my life.
right with you, my identity can be stolen and it's very dangerous. anyway if the airdrop was a little bit token which is given its and it just wasted my time alone.

Airdrop with KYC = Yes
Airdrop not KYC = No

I would not advise you to participate in airdrops, this is a waste of time in 99% of cases. Time is the most precious thing we have, so it's better to spend time on something more useful. Moreover, I would definitely not give my documents for this.

Haynes

full member

Activity: 518

Merit: 106

if it's like that I don't want to join the campaign, because it can destroy my life.
right with you, my identity can be stolen and it's very dangerous. anyway if the airdrop was a little bit token which is given its and it just wasted my time alone.

Airdrop with KYC = Yes
Airdrop not KYC = No

Julasic

newbie

Activity: 95

Merit: 0

It is a bad idea when you are giving your important credentials just in return for a small amount of airdrop tokens. Better if you have a fake documents it would be better but its not advisable at all. It is completely better if you didn't try submitting this documents, we are aware of it, but what if their main system has been breached! Lips sealed

shulc7

full member

Activity: 518

Merit: 100

Quote from: yomarve on February 14, 2018, 06:30:31 PM

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.

You're right. If the bounty hunters begin to pass the KYC then soon the crypto currency will lose its anonymity and cease to be interesting.

organelles

member

Activity: 350

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

I really do not understand why KYCs are now required for some sirdrops especially when airdrops are only giving out a small amount of coins. It's like selling your identity for change. The kyc process is starting to ruin cryptos for a lot of people like me who are here because crytpos are anonymous. if I wanted to give out my information for every small transaction than I would stick with banks.

Valzzz005

full member

Activity: 434

Merit: 100

Quote from: yomarve on February 14, 2018, 06:30:31 PM

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.

have by and by endeavor to abstain from presenting my very own archives to organizations keeping in mind the end goal to partake in airdrops, as you could never recognize what will the organizations do with all your own records after they got it, and I think most about the organizations does not have a safe security framework set up to ensure those critical reports of the members

cuongnguyen0540

newbie

Activity: 43

Merit: 0

I myself will not require it and let it go for the rewards. It means that we must send our ID to receive the small amount of the money. I'm afraid of the use of our ID if the project is untrusted.

mtrxhasu

newbie

Activity: 108

Merit: 0

I have personally try to avoid submitting my own personal documents to companies in order to take part in airdrops, as you would never know what will the companies do with all your personal documents after they received it, and I think most of the companies does not even have a secure security system in place to protect those important documents of the participants. Undecided

youngmobi

newbie

Activity: 112

Merit: 0

Yes is bad for me i don't see any reason for a project requesting for Kyc just for airdrop since the called it a giveaway coin so it does not make any sense at all. Kyc us made for token sale participants. The are the one's that need it not a airdrop.

cpoer2011

full member

Activity: 560

Merit: 108

I agree with you but it's hard to identify fakes account that join the airdrops and it is makes not fair for people who join the airdrop with only one account (based on the rule). The airdroper must find a way to prevent fakes account for joining the airdrop.

Pr0st0Pr0be1

copper member

Activity: 392

Merit: 3

This is free coins which we claim by social activity. Why do we should submit KYC ? I think it's not provide anything good in crypto market.

trippjoeytan

newbie

Activity: 22

Merit: 0

It's a bit of a mess legally as different countries' governments have different rules, which is why some airdrops are now doing KYC to be sure they're compliant.

mobireal

jr. member

Activity: 182

Merit: 2

Yes is a bad precedent why because the called it a free giveaway token so no need of asking you to do a KYC for you to get it it's of no use i think KYC supposed to be done when buying token in ICO.

podimanikee

newbie

Activity: 84

Merit: 0

To my mind airdrops are not worth passing the KYC (I more often than not pass the KYC for bounties, however).

Be that as it may, I needed to remark on the said secrecy. I consider obscurity crypto will be executed without bounds when crypto is utilized worldwide as an installment medium. For the time being, crypto is more similar to venture, and in the cutting edge world there are a few methodology directed by the purviews of various nations that we need to take after.

Fedor2018

jr. member

Activity: 294

Merit: 1

Unfortunately I think that sooner or later but this test will have to pass all necessary. Yes, it is very problematic and risky to provide their personal data is unknown where, but I think that the future will come

poktur

jr. member

Activity: 238

Merit: 1

GIGZI - INDEPENDENT WEALTH MANAGEMENT

I also try not to take on the company where it is necessary to pass KYC, because I think that there is no need to give someone your data!

shad_ow90

member

Activity: 224

Merit: 10

dApps Development Automation Platform

Quote from: yomarve on February 14, 2018, 06:30:31 PM

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 also agree with you when we come to this market is because of the anonymity. But recently, the scam and cheat situation happens so much, so some airdrop and bounty campaigns must have KYC to filter participants list

nebuch

member

Activity: 588

Merit: 11

For me KYC is another form of corruption or another approach to ask the bounty members of their identity in order to see whether they are high value target or not. It is depends to their motives. Risky to give our identity.

Topic: KYC for Airdrops: A bad precedence - page 25. (Read 198064 times)