Token distribution using KYC verification - page 2.

Jancuki

member

Activity: 789

Merit: 10

Quote from: Disclaimert on March 31, 2018, 01:23:42 AM

several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe? could it be misused?

As long as I follow the KYC process, everything is safe. And I think the KYC process is very needed in the campaign in order to avoid the fraudulent smugglers who try to get more profit.

trash321

full member

Activity: 602

Merit: 100

My most important question is only to whom we report? How do you know that this project will pass your SEC commission documents? I do not believe people, because in greed people will not be right, this is business.

uletkeket

newbie

Activity: 79

Merit: 0

I think that will be safe. In my opinion only to keep every user using real account and not duplicate it. So, implementation of KYC in distribution that is not good enough, if the project needs KYC apply it before.

Reto

newbie

Activity: 101

Merit: 0

If you look from our side you see only negative moments, but if you look from side of bounty managers this helps get rid of a large number of bots

Beabtc11

newbie

Activity: 154

Merit: 0

Quote from: Disclaimert on March 31, 2018, 01:23:42 AM

several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe? could it be misused?

I think bounty projects implementing KYC on the distribution of their tokens is OK with me. For me, getting KYC to each participants help us know that single account only is allowed in that campaigns. This also to avoid scammers enter our campaign. This is not a big deal for us because this just few information about our self. I'm sure they just want to know the identity of the investors who invest with them through KYC verification.

Obama07

member

Activity: 228

Merit: 10

This is not mandatory token distribution using KYC verification if bounty manager not declared. If you follow the bounty thread you can see here is it mandatory or not. If bounty manager says for Bounty Hunter needs to KYC then you must use KYC verification. If you invest in ICO program so you need to verification and using KYC from in his website.

VieleSind

sr. member

Activity: 434

Merit: 250

KYC with bounty signature is not necessary because the total number of bounty signatures is only 5%. Therefore KYC should make more investors instead of participating in the bounty. KYC will disclose personal information, and I am sure many people will not like the KYC for token distribution.

Shemanlucid

newbie

Activity: 185

Merit: 0

I hardly joined do KYC for bounty campaign, I'll rather not join the campaign at 1st if they are opened about KYC implementation.
The only and 1st KYC I joined was Multiversum bounty KYC. If you believe in the project and the management, you can join the KYC with no fear.

Klaviatura03

newbie

Activity: 65

Merit: 0

I can't say for sure that it's safe . but we have no choice if we want to get tokens . I hope it's safe

costgranda

full member

Activity: 476

Merit: 100

KYC is a tool which very much is pleasant to some people, and some hate him. Almost in all ICO the KYC procedure began to be used. She helps to eliminate swindlers who violate rules. But on the other side of KYC - it is very bad. Because it isn't clear whether there will be our documents in safety or not.

s1lverH

jr. member

Activity: 224

Merit: 1

EndChain - Complete Logistical Solution

I do not like KYC. But if the project is normal, then I doubt that they will misuse my information. Therefore, if necessary, I will go through this procedure.

akonrupom

member

Activity: 224

Merit: 10

I would prefer that KYC be removed, especially for bounty hunters, but nowadays hackers are generally insolent, they can hack almost everything. So I just hope so. That passing the procedure of KYC, our data will be safe. If I could do without him I would not go through.

aomakun

sr. member

Activity: 1020

Merit: 253

JangaCams.com

I will also do kyc where ico can succeed and get many tokens from the project. otherwise I will not send personal files because it contains important things in our data. and the thing I fear is misuse by related parties. therefore must be very careful when it wants to fill the KYC

Sissttemm

newbie

Activity: 84

Merit: 0

before you upload your documents, you need to be confident in the project ... some projects are scams

huanglui

sr. member

Activity: 529

Merit: 250

I think that it is not a good decision and projects can organise bounty program without this activity

pergola

full member

Activity: 308

Merit: 100

I also think that KYC is unsafe for users. People who receive my documents in no way will respond if the attacker accidentally takes possession of these documents. We need some alternative methods of verification.

Olajide Olaoluwa

newbie

Activity: 432

Merit: 0

I think is good to some extent. But I don't really like it because it is somehow stressful. I have done 3 kyc and has not been approved in the last 3 months. After working they will say one needs to be verified. It's just that it's good for detecting scammers and those with multiple accounts.

banhtrnag9999

newbie

Activity: 98

Merit: 0

I don't think is unsafe, because of the vast number of applicant of each bounty, which time did they have to be checking on one's identity card after verification I don't think in any way this can be misuse.

NEERAJ ANAND

member

Activity: 686

Merit: 13

KYC is just our Identity and noting more than and now many bounties are implemented it because many scammers’ are making face id’s in regular bounty and creating troubles for relay hunters so with KYC no face id can be created and relay hunters get more rewards.

stefany101

full member

Activity: 616

Merit: 103

A Blockchain Mobile Operator With Token Rewards

KYC verification is really important for the team to take actions before distributing the tokens to the imvestors and bounty hunters. In this case, the team can identify the nationality and what type of person is their client/s.

Topic: Token distribution using KYC verification - page 2. (Read 952 times)