This as go astray to the features of cryptocurrency.
Uploading personal documents for airdrop is not ideal because once identity can be use unjustly.
Topic: KYC for Airdrops: A bad precedence - page 8. (Read 198064 times)
Yes to airdrop this is very bad I think , now not every idrop guess some will pay and then there kyc to go through this just to give to someone I think so!
Its very pathetic when bounty hunters and airdrop participants are obliged to exchange their personal details for some meagre coins. KYC is to prevent citizens of some countries from investing in certain ICOs and since bounty hunters and airdrop participants are not investing with real money, I see no need for KYC from 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.
I totally agree with you on this,in egenral about KYC and especially about KYC for airdrops.Thing is ,why would people even give their documenst for something so insignificant as airdrop reward,ill never understand that.I can understand givign documents for Bounty if you expoect atleast few hundred dollars worth of tokens,but airdrops that give that much are exteremely rare.If all airdrop participants decide not to join if KYC is requiredmthey would surely have to change something.
I am very negative about this procedure because it violates a person's right to anonymity. But your case is completely incomprehensible to me. This is nonsense - to require documents for participating in airdrop.
It'sa very ignorant move that the developers won't seem to understand in crypto, plus most cant code.
it's a manner to get loose files from many human beings free of charge. Then these documents can be bought in a darknet and earn on it. it is a scam to demand documents to send cash for some cents or dollar.
I am very negative about this procedure because it violates a person's right to anonymity. But your case is completely incomprehensible to me. This is nonsense - to require documents for participating in airdrop.
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.
KYC is one the security issues that is in contrary with the decentralized principle of crypocurrency in the blockchain technology space,I personally don't love the idea. Thanks
I better not to use KYC procedure because I think it is not safe. The data provided would certainly be a consideration I. This personal data is very important in my opinion so I may not be easy to give this to someone else. So we must remain cautious.
I completely with you agree. Too I worry and I do not want to provide the private papers to strangers, it can be very dangerous to us.
Now a days there are lots of AirDrop project came in this online industry but as I know somewhere drop need to verify your account so admin want to prove then need syllabus KYC form. Lots of people dislike this system because people don't want to share his personal information any kind of unknown person. I think kyc is a security for this project because people use multiple accounts so they need to KYC for his requirement.
Sometimes it even kills the desire to participate in any project. I don't like that it's so weird. I just want to earn some tokens, why would I risk so much? This is one of the worst components of the cryptocurrency world, which is incredibly annoying
And I think a good idea for KYC drops and bounty - it is very hard to cut the number of bots-multiaccounters. Let everything be honest
KYC is good in my opinion and not a big problem. but you have to be careful in giving our personal data for a project the bounty. Because not all projects that use KYC it could be successful. And I have experience with projects that use KYC. And I qualify the use of KYC but until now they have not paid me. And their project proves to be a scam.
The procedure itself is not a problem. The problem is the ability to collect and use personal data for criminal purposes or to sell them. In fact, when sending data, we do not know to whom we send it, how it is stored and secured. And this is the main disadvantage of KYC.
Air drops are for freee!!
Those tokens anyone can create!
Does not make sense at all to ask kyc !!
Crypto is privacy.
Cheaters? So what? Profit comes if you sell those coins with eth or btc or even fiat !!
Those tokens anyone can create!
Does not make sense at all to ask kyc !!
Crypto is privacy.
Cheaters? So what? Profit comes if you sell those coins with eth or btc or even fiat !!
Japan and other technically developed countries now demand kyc from the investors and traders, I think in the nearest future this will be also applicable for airdroppers .
It is quite unfortunate that is the order of the day now. Exchanges, ICOs, airdrops, bouties are not left behind in this dangerous precedent. It is the new norm. I agree with you that crypto enthusiasts need to stand up against this evil. Or else it will set us back in our development as a community. Criminals under the guise of KYC for airdrops, ICOs etc are harvesting people's data for criminal activities. We need to wake up and be up and doing
KYC is good in my opinion and not a big problem. but you have to be careful in giving our personal data for a project the bounty. Because not all projects that use KYC it could be successful. And I have experience with projects that use KYC. And I qualify the use of KYC but until now they have not paid me. And their project proves to be a scam.
While the Crypto currency is not given serious penalties, the KYC itself is not dangerous so I do not see a problem in order to pass 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.
I think this is a good option. Because some cheaters have taken up a lot in a spreadsheet. So KYC came out and made them more difficult. Airdrop is sought by so many people and therefore the project owners need to revise their marketing strategies to achieve high efficiency. 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 better not to use KYC procedure because I think it is not safe. The data provided would certainly be a consideration I. This personal data is very important in my opinion so I may not be easy to give this to someone else. So we must remain cautious.
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