Topic: KYC for Airdrops: A bad precedence - page 62. (Read 198107 times)
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.
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.
I think its not necessary to provide KYC on airdrops, same with happens in bounty. I didn't see that its gonna be useful to provide KYC, people has rights to invest their own money.
have airdrops for KYC? now i just found out ah ah is this true?
The sense of carrying out the KYC check is to prevent the money obtained by criminal means from investing. Participants in the generosity campaign do not invest in ICO projects. They are only engaged in advertising these projects, so that ICO can find its investors. At this forum everyone has the right to be anonymous. If a company wants to weed out signers with multiple accounts, it is not necessary to require identification data and copies of passports. To do this, it is sufficient to ask for initial registration of your mailing addresses and the name of the telegrams and check them for validity. This will greatly complicate the use of multiple accounts. On the other hand, the required data according to KYC can be sent fictitious with a foreign copy of the passport. So checking KYC vseravno does not give a hundred percent guarantee from the use of multi-accounts. But the damage to the anonymity of members of the forum it brings.
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 don't have merit yet, but if I did, you would get all of mine! I totally agree with everything you said!!! The whole purpose of crypto is to stay anonymous. If I have to give any info for KYC, then what's the purpose?!?!?! You have my full support in totally ignoring all projects that force KYC upon us. Those projects go against what I think crypto should be for. I hope many others realize this and do the same!
It's not ideal to KYC but for ICO's it has to be done I suppose. Bit of a toss up between larger scale crypto adoption and thus security, or, more anonimity and lesser adoption speed. I think we'll find a sweet spot and there's always privacy coins to invest in.
Except decentralization the idea of cryptocurrency is also that owners of crypto assets are not identifiable, so I am against KYC, but nowadays it became popular and most of ICOs are asking to pass it.
Why ICOs need investors IDs?
I think maybe to avoid money laundering, but you don't have to invest money in airdrops and bounties, so i have no idea why they need documents, but I am sure it is unsafe to send documents to someone you don't know for tokens which will worth pennies in the future or in most case will be shit coins and worth nothing.
Why ICOs need investors IDs?
I think maybe to avoid money laundering, but you don't have to invest money in airdrops and bounties, so i have no idea why they need documents, but I am sure it is unsafe to send documents to someone you don't know for tokens which will worth pennies in the future or in most case will be shit coins and worth nothing.
Ahaha .. are you serious? I think that now nothing can be done without KYC, it probably costs somehow to be smarter and create different services in order to bypass this need for KYC, because otherwise it will stop the whole process of crypto currency. Where is our anonymity online?
I've also tryed to join some airdrops, and when i saw that they require KYC i just couldn’t believe my eyes. Obviously i didn't join those airdrops.
I think that it's too much even to provide the e-mail adress for an airdrop to be honest - a lot of them are scams and don’t even pay.
I think that it's too much even to provide the e-mail adress for an airdrop to be honest - a lot of them are scams and don’t even pay.
KYC procedures for airdrops simply are not acceptable - its a nonsense! Shady projects just can steal your personal information, sell it, and you will get serious problems later. Is it worth a couple of dollars? I think not. This is an unjustifiable risk:-\
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.
Why is it? It's the only way I know to avoid multi-account abusers. Can you make an alternative? I doubt that. Since you are getting tokens - it should not bother you to pass a KYC I think...
If a project asks you to do KYC stuff, you should stay away from that unless there are a big chance your credential would be used for criminal stuff and abuse your data. For the sake of bounty, you shouldn't risk your security just for a dust.
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 have the same outview about this reason,i believe that we are here for anonymity,this is one of the best thing i love in crypto thats why decided to enter this.but those bounties and airdrops requiring participants to provide Kyc,and wheres the privacy on that.when kyc requires ID for registration,what about in the future when the devs knows every participants 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.
If an airdrop asks me for KYC documents, I nope right out of there.
All of the bounties I've done don't ask for KYC documents either, mainly because my earnings were on the medium side. I think for most ICOs, they only KYC large investors.
Despite the risk of being exposed or being stolen the data and sold to someone else in the dark net, the reward we may get from joining an airdrop simply too little. too much risk we must face for few dollars of reward.All of the bounties I've done don't ask for KYC documents either, mainly because my earnings were on the medium side. I think for most ICOs, they only KYC large investors.
Even if I were paid for $1000 to give up my data, I won't do that. So be careful guys. Someone might take advantage of this thing and you'll probably get yourself into a condition that's bad.
it's airdrop, so when airdrops requires KYC then we better not participating and probably it will result nobody cares about their ICOs, project and coin if they really wanted people will give their identities. I think it's not that effective because I don't think people would agree on giving their real identities just for a handful of tokens.
Airdrops are being noted as the worst thing in cyprto because most of them are scams and bogus, so imagine you are giving your identity on scammers then that's the end of your life. Lol.
You don't need to be an expert or a crypto veteran to realize that handing you private documents to an anonymous (what an irony!) party for only a fist full of dollars is a dangerous gamble. I have participated in a few airdrops and was hesitant to join with my social media accounts, yet alone hand out my identity to someone I don't know nothing about and I am a newbie ! I hope people wise up to this threat and stay away from whoever requires KYC for an airdrop.
If an airdrop asks me for KYC documents, I nope right out of there.
All of the bounties I've done don't ask for KYC documents either, mainly because my earnings were on the medium side. I think for most ICOs, they only KYC large investors.
Despite the risk of being exposed or being stolen the data and sold to someone else in the dark net, the reward we may get from joining an airdrop simply too little. too much risk we must face for few dollars of reward.All of the bounties I've done don't ask for KYC documents either, mainly because my earnings were on the medium side. I think for most ICOs, they only KYC large investors.
Even if I were paid for $1000 to give up my data, I won't do that. So be careful guys. Someone might take advantage of this thing and you'll probably get yourself into a condition that's bad.
I strongly agree with the statement. Giving you real identity will expose ourself on wrong future modus.
KYC is good and some point - effective but knowing that giving your identity to the organizations you don't know then it will make you higher chance of getting into trouble in the future.
This is not really the most effective way to regulate ICOs or regulation everything precisely because we really don't know what happened next after we gave them our identity and our crypto assets will then exposed because nothing can be hidden even we're passing through thousands of wallets before getting into the original one.
If an airdrop asks me for KYC documents, I nope right out of there.
All of the bounties I've done don't ask for KYC documents either, mainly because my earnings were on the medium side. I think for most ICOs, they only KYC large investors.
Despite the risk of being exposed or being stolen the data and sold to someone else in the dark net, the reward we may get from joining an airdrop simply too little. too much risk we must face for few dollars of reward.All of the bounties I've done don't ask for KYC documents either, mainly because my earnings were on the medium side. I think for most ICOs, they only KYC large investors.
Even if I were paid for $1000 to give up my data, I won't do that. So be careful guys. Someone might take advantage of this thing and you'll probably get yourself into a condition that's bad.
It is not nice to have a kyc on airdrop because it was free they can stole your identity on that so I'm against in that kyc, for me we don't need to do kyc in any campaign we work for it and giving your through identity is not appropriate and specially it is not sure that 100% they not going to use it on doing bad things so better to choose a camp that didn't use a 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 don't usually join airdrops because of the bad experiences in the past that most of them are scams and bogus and so many members who could prove that facts.
KYC seems one of the ideas that bumped my attention in the past weeks but I don't think KYC is necessary on Airdrops. Seems pretty awkward that giving your full identity but you'll end up on getting less or handful of free tokens and worst, you'll getting nothing.
KYC is a good way to proof that the receiver isn't bogus but in the real world, everything can be faked so there's no point those participants are giving their real ID and documents proving that they're humans.
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