KYC for Airdrops: A bad precedence - page 35.

Aveatrex

sr. member

Activity: 840

Merit: 375

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.

The problem is,if bounty participants weren't cheaters,most of projects wouldn't implement KYC.Participants create multiple accounts to cheat the referral program etc..It's a loss for the project if they don't do it.So yeah,it's unfortunate for those who legitemately done the bounty but others have to change their attitude in order to avoid this

Cardan0

member

Activity: 182

Merit: 10

For many clients of ICOs believe Know Your Client is inappropriate for their moderate purchase and an unreasonable liability with no use.

kkont96

newbie

Activity: 252

Merit: 0

KYC for airdrop is both good and bad. The good thing is that this will reduce the number of scammers and the use of multi accounts. The bad thing is that we trust our data to strangers and do not recruit how these data will be protected. Therefore, it is impossible to judge here unequivocally, but I'm still more inclined to think that this is bad.

hashshashin

sr. member

Activity: 728

Merit: 250

Look ARROUND!

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 am neutral about the KYC procedure, because we always have the choice to provide our personal information, or not. Now, indeed, many projects require their documents to be submitted, but we must understand that this is compliance with certain legal norms.

Coingram

newbie

Activity: 295

Merit: 0

I know a lot of the bad precedences guys, dont give your personal data to someone you don't know, its not worth it for sure, be careful

Daydream 61

full member

Activity: 462

Merit: 104

i will not participate as a bounty hunter in this ico Wink

giving your ID for an airdrop is very dangerous... I wouldn't do something like that.It's risky enough for a serious ICO but then for an airdrop... You know nothing of the team behind and nothing about their intention. Your data can be sold or exchanged and your identity usurped. Be very careful

Docbee

full member

Activity: 822

Merit: 100

Kyc for airdrop no i won't do kyc for airdrop my identity is precious to me i won't trade my identity for an ordinary airdrop token.

greydking

member

Activity: 322

Merit: 10

KYC for airdrop of course it's very interesting, on the one hand it's even very funny, because I'm wondering about what these people think at all? I think that they do not think about anything, because it seems to me that people who have made such a decision are afraid to breathe fresh air.

namtran694

newbie

Activity: 94

Merit: 0

I am against the KYC for members of the bounty campaigns. I think this is acceptable only for large investors. I believe that the use of KYC is at variance with the basic principles of crypto currencies.

Lostan

newbie

Activity: 108

Merit: 0

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 mate. I don't understand those airdrops and bounties that require my documents.

green.grass38

newbie

Activity: 99

Merit: 0

It's a way to get free documents from many people for free. Then these documents can be sold in a darknet and earn on it. It's a scam to demand documents to send coins for a few cents or dollars.

asdkzxn199

newbie

Activity: 98

Merit: 0

yeah kyc for airdrops and bounties is crap, that is the reason of why i try to aovid joining in there for my own convenience, i do not like to provide that kind of information.

mastersay

jr. member

Activity: 322

Merit: 2

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!

nicesun260

newbie

Activity: 81

Merit: 0

KYC for a Airdrop or in general is simply ridiculous..
The idea behind Cryptocurrencies are that they stand for Anonymity!

bountyhunter433

newbie

Activity: 70

Merit: 0

Absolutely. I am against with KYC if they are asking from bounty hunters and airdrop. Our identity will not be safe and they can use it to claim our account. Our privacy and security will be compromised.

lkcoinstart

newbie

Activity: 42

Merit: 0

I think if you are involved in Airdrops and you are offered to go to the KUS, it already causes suspicion that this company is a scam. It seems to me that those coins that you can get in Airdrops do not cost lost personal data, so you do not need to take risks.

D3m1r4wanti

full member

Activity: 714

Merit: 102

Quote from: Bitcoin2018 on June 23, 2018, 02:19:11 AM

I think that many of such airdrops especially have arranged to get your documents. This is a great way for dark market traders to get the goods for free. And this is only the beginning.

then what's the use of KYC for DEV when they oblige KYC to airdrops? do not they not have to verify their data? are not they not investors?
and not their income is not too big? is this just being used to get someone's personal data?

Bitcoin2018

jr. member

Activity: 216

Merit: 3

FORK FROM ENTHUSIASTS, FOR THE COMMUNITY

I think that many of such airdrops especially have arranged to get your documents. This is a great way for dark market traders to get the goods for free. And this is only the beginning.

asdkzxn199

newbie

Activity: 98

Merit: 0

I think if you are involved in Airdrops and you are offered to go to the KUS, it already causes suspicion that this company is a scam. It seems to me that those coins that you can get in Airdrops do not cost lost personal data, so you do not need to take risks.

marks1976

sr. member

Activity: 893

Merit: 250

Quote from: Maxbold123 on June 22, 2018, 12:06:25 PM

Am completely against KYC on airdrop, it is not worth it at all. KYC should only be for those participating in pre-sale or those participating in ICO.

I think that KYC required for ICO participation need to have trusted platform too not just giving away data to some random guys and we are talking about the data that is really private and can be used for illegal or criminality. We really need more regulation about KYC .

Topic: KYC for Airdrops: A bad precedence - page 35. (Read 198064 times)