Topic: KYC for Airdrops: A bad precedence - page 56. (Read 198064 times)
Right. The main feature of cryptocurrency is its anonymity. So the question is, why do we really need kyc just to receive airdrops? Secondly, granting that kyc is a requirement for legal procedures in countries where cryptos ate legal, how are they planning to store our private information? And how secure ate those storage. I think KYC should be abolished.
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.
Agree with you.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 it's needed for airdrop?
Giving your ID for an airdrop is very dangerous... 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
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.
Yes really bad. I have never done air drops and this further ensures that I will not.
Yes, KYC for Airdrops can be risky. When we participate in an ICO doing proper research to the project and sending our documents won't be a risk. But most people don't do any research in the Airdrops they participate in and could be a big problem when our documents fall into the hands of scammers.
On top of that, I have a Telegram channel where I list the Best Airdrops and since most people don't complete KYC for an Airdrop I miss out on a lot of ref bonus 
this year I almost refused the drops, as the effectiveness of this activity has become very low, the time was spent the same as last year, if you still enter the identity check for KYC, the last desire to spend precious time on drops will dry up completely
better spend time on the bounty company and the same KYC
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 am also against distributing my personal data to unknown persons. I choose those companies that do not require documents because I earn money and do not engage in fraud.
Submitting my KYC particulars for investing in an ICO is far better than doing it for an airdrop or a bounty. Sometimes the airdrop tokens that you get at the end will not be worth anything to write home about. Imagine doing a KYC and getting tokens worth $2.
What? This is unthinkable! Why would I put myself in the danger of submitting my real identity over the internet to some anonym that can use it in any illegal way? Sorry, but this is the craziest thing I have seen in a while. People that fall for this must be really crazy or irresponsible for their own privacy and really desperate to get that tokens. KYC does not work at all how it should as it was written over the forum several times, therefore I will never submit my real identity to the "project" without any team (if it is backed by some trustworthy institution, all right, but you are still on the Internet though).
More than anonymity there is a huge chance of misusing your valuable Documents . Initially i have submitted my document for KYC process now i am regretting submitting my original documents . Hope it will not be misused.
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 KYC for airdrops is good idea, because now there are lots of bots/multiaccaunts and they take money away from real people. So for me it is always ok to pass KYC. Choose good airdrops and send your KYC.
Good Luck.
Yes, KYC for Airdrops can be risky. When we participate in an ICO doing proper research to the project and sending our documents won't be a risk. But most people don't do any research in the Airdrops they participate in and could be a big problem when our documents fall into the hands of scammers.
On top of that, I have a Telegram channel where I list the Best Airdrops and since most people don't complete KYC for an Airdrop I miss out on a lot of ref bonus
On top of that, I have a Telegram channel where I list the Best Airdrops and since most people don't complete KYC for an Airdrop I miss out on a lot of ref bonus
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 do not see the point of taking part in airdrops now. Especially to go through the KYC procedure for this. I do not know what an attractive project should be, and what they should pay out for someone to agree to undergo the KYC procedure for the sake of the airdrop.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 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 do not see the point of taking part in airdrops now. Especially to go through the KYC procedure for this. I do not know what an attractive project should be, and what they should pay out for someone to agree to undergo the KYC procedure for the sake of the airdrop. 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 best way to get protect from hackers by real identity. But it should only apply on bounties because bounty coins always have huge amount. KYC in airdrops is really a bad precedence. I always fill all airdrops but now for this KYC, I have to leave some airdrops. We get little amount from airdrops that's why I don't think KYC should necessary!
Are they serious ? KYC for the airdrop ? It can be a solution for the airdrop not to be a scam ? Because airdrop is mostly a scam so if they do KYC this can be an assurance of not being a scam ? I think it is not nice for the airdrop to do kyc.
Airdrop bounties is only a free token distribution so never do KYC, I think, KYC is only applicable if it is involves a high values of investment in an ICO, or a exchange to be traded.
Airdrops are rarey worth the effort and lately the term is being used to describe bounty hunts like in the case of the ONION coin and others that say is airdrop when they mean bounty hunt.
Time spent on kic I do not want to give for airdrops, especially when 90% of them are just garbage.
Guys, run from such airdrops! All data from KYC can be sold in darknet. All your documents are for more profit. Or do you think that all airdrops are for non-profit activity only?
What about the Exchanges sites, they ask for KYC to withdraw or fund the accounts, do they sell it too? 
I keep thinking and arguing that this recognition procedure should not be applied to bounty campaign prizes.
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