Topic: KYC for Airdrops: A bad precedence - page 39. (Read 198064 times)
It's already getting ridiculous, why go through KYC with for airdrop? This is a free distribution of coins, we do not buy anything...
I avoid the airdrop and bounty by KYC. Moreover, for airdrop certainly, I avoid because the result is also not how. This is too risky because of course personal identity that we have will be very prone to be abused if properly deployed forces expand to others.
It is difficult to reach a consensus in this matter, because each airdrop has different specifications and procedures for which we could not reach a common standard in this regard. Taking into account that many bounties and airdrops only distribute minimum amounts of tokens with insignificant values, it would not be worth filling all those requirements, however there have been airdrops that have come to distribute thousands of dollars per individual, so maybe in those particular cases maybe it is worth filling the requested requirements.
Well KYC for airdrops, it's really strange. However, for the bounty the KYC is often needed and I do not see anything wrong with this. I'd better send the KYC, than I'll share my rewards with a bunch of bots
KYC is not needed in my opinion but it is the project manager who makes the final call. You have many choices here so it should not be a big problem.
For airdrops, I think it will not be worth it. For bounty, sometimes its reasonable, essentially, a project.cannot go on without it thus, delaying or stopping its implementation. They comply with regulations, that's why. However, it is really risky, identity threats are everywhere.
KYC for anything in crypto market is wrong. Let it be for airdrops or exchanges. There is no guarantee that once you upload your personal documents to the airdropping coin that they are going to use it for the right purposes. Not to mention the fact that if they get hacked your personal documents will be in the hand of hackers and scammers.
I'm really hesitant to do KYC at first for I'm worried that they might use my details to scam others.I have done some KYC in my past bounties already only if I have a decent stakes but before doing KYC I made sure to research about the team and the developers of the project.And about airdrop KYC I haven't encountered an airdrop requiring kyc but if there is, I wont risk my identity specially if the project haven't established a name that could be trusted.
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.
KYC is giving proof that you are the one who signed up in the poject, but if KYC is applied to Airdrop in my opinion if I am in your position I will not register my KYC.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 dont think its a good thing to collect sensitive personal data which is a legal one just to give away few free coins. We should also stay away from such airdrops. But If you participate in the bounty of the company then they may require documents.
KYC can take place from the bounty of the companies. In the airdrop is minimal chance to get something. If 10% of the forms I filled out to send me tokens then I'm happy. By and large, to undergo KYC for$ 50 I wouldn't. Now the payments with airdrop much less than this amount. Bounty for the passage of KYC is already important, but we must look at the expected profit. 
I dont think its a good thing to collect sensitive personal data which is a legal one just to give away few free coins. We should also stay away from such airdrops. But If you participate in the bounty of the company then they may require documents.
I feel fine and it does not matter when KYC is applied to the signature campaign, because the result of signature campaign is quite profitable. But I can not help thinking if KYC also reached the airdrop. It will be very inconvenient to remember the result of airdrop is also not much.
Well, if you do not want to give information about yourself, then no one will force you. To do or not to do KYC is an individual matter.
This is awful and come to think of it that it is only bounty promotion that you were involved. You did not buy their token during the ICO event may be they want confirm the genuineness of your fund. But they claim they want to get rid of cheats in the system who has registered multiple accounts so that the will not cheat others who have put in their effort.
I don't understand why they require KYC for an airdrop. You should not participate to airdrop that only give you 5 Dollar if your lucky and requires KYC
That's up to you if you want to give your info just only for the airdrop and your documents may use in some bad ways. Its actually bad to have a kyc in airdrops in the end its all a choice to join.
I don't understand why they require KYC for an airdrop. You should not participate to airdrop that only give you 5 Dollar if your lucky and requires KYC
I think if airdrop asks KYC it is a very unreasonable thing, because airdrop is just a free coin that has a value of only $ 30 .. since a few months ago a lot of airdrop scam and now they ask for our identity ... I strongly disagree about this
I can see no reason why a KFC is required for an airdrop, no purchase is being undertaken. I WILL NEVER upload my KYC for an airdrop, way to risky as you are seriously exposing yourself to identity theft..
Personally I join the promoted telegram group, twitter, facebook and message the ICO and strongly express my dislike and unwillingness to upload my personal data especially to a business that has not established any level of public trust. I also inform them that i will strongly promote others to do the same and not join the AIRDROP.
United we should encourage all AIRDROP promoters, websites, telegram groups etc to push ICO's not to request KYC if they want there AIRDROP promotion to have any level of success. We are the marketers for these ICO's as they can no longer pay for advertising after the recent bans on Facebook and Google. They need us more then we need them..
I have just created a telegram group where you can post airdrops you come across that does not require KYC.. all welcome to join https://t.me/AirdropNoKYC
Personally I join the promoted telegram group, twitter, facebook and message the ICO and strongly express my dislike and unwillingness to upload my personal data especially to a business that has not established any level of public trust. I also inform them that i will strongly promote others to do the same and not join the AIRDROP.
United we should encourage all AIRDROP promoters, websites, telegram groups etc to push ICO's not to request KYC if they want there AIRDROP promotion to have any level of success. We are the marketers for these ICO's as they can no longer pay for advertising after the recent bans on Facebook and Google. They need us more then we need them..
I have just created a telegram group where you can post airdrops you come across that does not require KYC.. all welcome to join https://t.me/AirdropNoKYC
For the majority of the clients of new cryptos believe Know Your Customer is unnecesary for their minuscule purchase and a disproportionate obligation with undesirable risks.
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.
Sometimes I agree that you need to pass the KYC but this applies to the bounty platform! This gives the possibility to remove bots and to reduce the participants! This increases the payout to each participant! But for androps KYC is a mistake! FOR those small amounts that they pay to pass KYC is stupid! I advise you not to lose anonymity for such a penny!
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