Topic: KYC for Airdrops: A bad precedence - page 61. (Read 198107 times)
With no regulatory over watch one shouldn't even think about giving their personal documents to airdrops they don't even know about. Just recently two ICOs got hacked and the KYC data of their users got stolen. Now think about your passport in the hands of scammers and hackers and what they can do with it.
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.
To be honest i'm also against KYC on bounty with the same reason to you but because of many alt account on bounty ICO, i'm cool with it because it's also prevent alt accounts to get the stakes and the tokens. I hope someday we can fix this thing about alt account and no more KYC for bounty hunters. 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.
Would you give your KYC for an airdrop worth $100?
KYC for airdrops, for bounties it's bad precedence because most of them can be ponzi scam or something else. If you giving to any project your KYC information you must be sure in their reliability.
I too dont want to parcitipate with these ICOs and bounties that are having KYC verifications because it could result for my informations leak in the deepweb,there are some people claiming that their IDs was sold to the deepweb that is why we need to be more vigillant because these people will everything just to take advantage the situation to earn more money.
Really? Airdrops? It's nonsense I think. Ok, KYC - know your customer, what kind of customers are they - this is a free distribution.
But in the same time some ICO have done KYC procedure for bountists.They aren't 'customers' too.
Really? Airdrops? It's nonsense I think. Ok, KYC - know your customer, what kind of customers are they - this is a free distribution.
It's time to take credit that soon not only ICO investors will undergo the KYC procedure, but also bounty campaign participants, as well as Airdrop members. This trend is already gaining momentum. If you want to make money in the cryptocurrency, you will have to go through the identification procedure.
Well, I think that here people are already digging themselves into the ground, why do we need KYC for airdrop? Lawyers and lawyers simply do not understand the laws by virtue of their competence, I think this is the only explanation for why KYC is needed for airdrop
Sounds like a scam,because airdrops normally will only ask your ethereum addresses and bitcointalk account even those legit airdrops wont require your IDs before getting the drop,you need to know the risk of sending your IDs to anyone so you wont be suprised when your identity were stolen,some of these people will try to sell your informations in the deepweb so be careful.
No airdrops should require any of your IDs it is clearly a shady business,KYC are only requires for those who are investing ICOs so that these ICOs will know if you are joining even if your country has been restricted to join,U.S citizens cannot participate in any of these ICOs that is why these ICO founders are requiring KYC verifications most of the time to comply to the SEC's regulation.
This is morelikey a scam normally airdrops will only require your ethereum and bitcointalk profile username or link,email addresses shouldnt be conpulsary because it might be used to send you some emai phishing links that is why it is not recommended to use your main email addresses when joining airdrops,but KYC verifications? no way it could be a legitimate airdrop surely these people will do something about your IDs.
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 is only applicable if it is involves a high values of investment in an ICO, not in an airdrop. Airdrop bounties is only a free token distribution and only few are buying their coins. Maybe there is a hidden agenda for the token creator. Its better to ignore it than participating in that kind of airdrop
What ? airdrop requiring KYCs? sounds like a scam to me because normally airdrops will only require your ethereum address and your bitcointalk name,email addresses from few airdrops and you can use dummy email addresses so that if these people try to send you some phishing emails you wont be affected,but KYC verification in airdrops? NO.!
Surely a scam because KYC verifications are indeed needed only for the ICO investments,not airdrops clearly these people are trying to get your informations and use it to something else,you should stay away from these types of airdrops because you wont know when will these people start selling your IDS in the deepweb,no airdrop should require email and private keys as well as those IDs.
Sometimes KYC is needed, even I heard that a project which not doing this is pretended as a scam project by some people. The participants are join airdrop to support the project, aren't they? Then the developer should give respect for them.
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.
When my last campaign was over I looked for a good campaign I' 've found one but since it's implementing a KYC I have to skip them, I don't know why they have to do that, some of these are not legit so after they close their website they might be selling your identity online I boycott this kind of bounty campaign.
Definitely. I don't participate in ICO with KYC and very rare in such bounty. But airdrop with KYC is full bullshit. I think all forum members must to ignore same airdrops campaign
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For airdrops? Wow lol, I needed that comedy relief today because I thought they were awful for ICOs and bounty hunters. Please don't fill out KYC for what is almost certainly a useless airdrop token, it is not worth your effort or time.
Sure, KYC for Airdrops is definitely a bad precedence, and I guess most of them are just collecting your personal information.
I do not like having to use the KYC system because it's too hard to process and unsafe where our identity is in everyone's know so that it can be misused by criminal parts.
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