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Topic: KYC for Airdrops: A bad precedence - page 52. (Read 198064 times)

hero member
Activity: 812
Merit: 501
May 01, 2018, 12:01:57 AM
leave the airdrop. you will earn nothing from such kind of airdrop. KYC is fuck. It is the same as paypal and friends. Cryptocurrency is private , no need KYC. In fact, KYC is only a formal way to earn or invest. Many participants submit fake data.
member
Activity: 364
Merit: 10
April 30, 2018, 11:55:05 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.
KYC in airdrops is too much and what they think to us. We are not investors that need to submit identification to know the source of funds. If that the scenario I will not participate in that airdrops if they will ask my KYC. A few dollars against my identity is not worth.
newbie
Activity: 155
Merit: 0
April 30, 2018, 11:54:10 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 agree with you. I feel worried about the identity of being abused by irresponsible parties. For a bounty program I consider a reasonable thing, but for an airdrop program that there should be a KYC it is just too much.
member
Activity: 294
Merit: 10
April 30, 2018, 11:47:23 PM
I also want it to be dispensed because airdrop gives coins for free and if kyc is not a rule on airdrop then more people will participate in this business
full member
Activity: 392
Merit: 100
April 30, 2018, 10:10:25 PM
I think KYC is just a waste of time because i believe that those ICOs that are requiring their participants or investors for KYC verification don't really check every documents sent by these people. On the other hand, airdrops seem to be a waste of time these days too as more and more airdrops are just a pure scam so it's really a total waste of time if you combine the two.
sr. member
Activity: 476
Merit: 251
COINECT
April 30, 2018, 10:08:29 PM
Sounds funny to get the money 5 $ have to make a passport, I do not even agree with KYC. hunter finally can not get anything from his job. KYC is better applied to investors.
sr. member
Activity: 578
Merit: 250
April 30, 2018, 08:16:27 PM
I agree with you here, and also think it's dangerous to submit your personal identification (sometimes including address, etc.) in order to receive a few free tokens from an unproven project.  For an ICO with a large order of an ICO, this is more reasonable to ensure fairness and that members who from restricted regions aren't participating.  For an airdrop, I think there is too much risk involved.
newbie
Activity: 168
Merit: 0
April 30, 2018, 07:53:09 PM
Beside the fact that most airdrops are thrash, they shouldn't make it more difficult by asking for KYC.
Personally if an airdrop is tasking or requires alot of conditions, I just wave it by and move on to other things. No time
member
Activity: 406
Merit: 10
EndChain - Complete Logistical Solution
April 30, 2018, 07:49:53 PM
I think if the airdrop ask KYC, it is better not to join, because it is very complicated and income earned from airdrop also very small.
member
Activity: 648
Merit: 10
April 30, 2018, 07:46:11 PM
I have more check the first about reward I have got from bounty campaign or airdrop project, needed KYC or not. If there are have bounty campaign not needed KYC, I will joined and participated at this campaign bounty. The same thing will I do at the airdrop project, where not KYC needed to take and get reward it will be I joined this airdrop. But if there are many airdrop needed KYC I will leave it and try the other airdrop.
jr. member
Activity: 196
Merit: 6
https://cryptotvplus.com
April 30, 2018, 07:41:46 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.

we are slowing getting to the level where any corporation with enough funs to condult a big budget bounty program will be able to over ride our decentralization we have been chanting. Many people will handle over personal data for some hundreds of dollars because it is worth more than the amount of money they make in two months as salary in their countries. As powerful as we are in this forum, we can have a say in how these things operate.
full member
Activity: 364
Merit: 100
April 30, 2018, 07:38:57 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.

Airdrops are just free and the reason why people is keep on joining air drops is because of the easy way of registration and if ico's are going to place kyc on it then there will be lesser investors and participants.
hero member
Activity: 700
Merit: 500
April 30, 2018, 07:37:54 PM
That's actually one of my red flags... If a company is open about their identities and ask for kyc for their investors, ok, that's understandable. But a company is asking kyc for airdrop? That's a no no. That data is definitely going to be sold.
newbie
Activity: 37
Merit: 0
April 30, 2018, 07:31:50 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 really hate seeing kyc for any project....... seems the worldwide adoption we have been craving for came with its own problem of eroding our privacy. I wont get involved in kyc for an airdrop.
jr. member
Activity: 41
Merit: 793
inactive
April 30, 2018, 05:39:20 PM
KYC for airdrops (and bounties) is ridicoulous indeed.
However for an ICO it's okay in my opionion and as far as I know even mandatory depending on each country.
sr. member
Activity: 1176
Merit: 301
April 30, 2018, 05:31:15 PM
I think it is really risky to do ,
You shouldn't trust your personal information so easily.
Specially in airdrop I think it is really too much.
member
Activity: 434
Merit: 10
April 30, 2018, 05:27:36 PM
I think this is too much. airdrop gives results that are not too big if compared to the bounty. If the airdrop needs KYC I guess the result obtained will not be comparable to what we do including providing ID and more.
full member
Activity: 854
Merit: 102
MoonDeFi
April 30, 2018, 05:27:22 PM
 Hello, I will gladly answer your question, see, the process of identity verification is an excellent solution to many problems with obtaining awards, so I think this will simplify the process of obtaining awards
sr. member
Activity: 378
Merit: 251
April 30, 2018, 05:12:47 PM
I wouldn't recommend doing KYC verifications for airdrops.  Airdrops are rarely profitable and if they are the amount you earn is very minimal.  The risk to rewards is not worth it if the airdrop ends up being a scam and many have been in the past.
legendary
Activity: 2296
Merit: 1031
April 30, 2018, 05:11:58 PM
Everyone should have the option to join an airdrop or to simply walk away.  If an ICO just doesn't look very good I won't spend time on it.  Too many ICOs are anonymous with very little info and if they want personal information then I just wouldn't join the ICO.  But if the ICO were more established with some history and a team then I may be more interested.  
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