Why is everyone silent about this? Airdrop > after a while ask KYC

Ojengonggu

full member

Activity: 756

Merit: 105

Trphy.io

Quote from: MrSpasybo on February 28, 2018, 05:56:10 PM

I think KYC should be available for Airdrop (once for registering / signing up ...), as there are too many people who want to abuse and register multiple times with multiple email / phone numbers.

However, for the bounty, the participants had to translate / write / share information about the project, KYC was unnecessary because they could not cheat.

sorry .... i am different from you KYC for airdrop i think it is not necessary because it is useless as we know airdrop is just a project that comes and going different with bounty that has to work and takes time and it has started on the unlocked like project storiqa that uses KYC identification for the participants. and KYC is more commonly used for investors who make investments with a view to making investors properly identified and accurate

OriginTrain

full member

Activity: 406

Merit: 174

Quote from: gefander on February 18, 2018, 08:44:44 PM

Quote from: OriginTrain on February 17, 2018, 11:39:39 PM

I agree with you on a philosophical level, as there's no need for KYC for legal compliance. However the reality is this: People on this forum and elsewhere have hundreds, sometimes thousands of accounts registered. Some of these people have offices with hired workers that do this for them, others use bots. The reality for most airdrops is that they are centralized to just a few people with thousands of accounts. Without KYC the airdrop is not fairly distributed, and these scammers get most of the tokens. So in essence KYC is a way of countering this.

The solution of KYC isn't ideal, but what better system could you propose to alleviate the above issue?

As I have previously said I am not opposed to airdrop used KYC - I am opposed to it was hidden until the last moment. When they have already used people and got HYIP, then reports that it is necessary to pass KYC-it is not philosophy - it is a violation of justice.

But my philosophy is this - what deceiving once, - deceive again. It is impossible to trust such people, let there be such information about them - people should be aware, and what further they will draw conclusions it already their decision. Personally, I make the conclusion is clear - the potential fraud.

You are absolutely right if they're not transparent that KYC is required before the airdrop. Either the company is vastly incompetent since they didn't plant for this to begin with, or they're outright scammers harvesting identity data. Either scenario should hopefully tarnish the reputation of the project. What I mean is projects that are honest that KYC is required for the airdrop before it happens, those projects I can understand. But after the airdrop? Absolutely disgusting behaviour, agreed.

MrSpasybo

member

Activity: 378

Merit: 19

I think KYC should be available for Airdrop (once for registering / signing up ...), as there are too many people who want to abuse and register multiple times with multiple email / phone numbers.

However, for the bounty, the participants had to translate / write / share information about the project, KYC was unnecessary because they could not cheat.

kaya11

full member

Activity: 1344

Merit: 110

SOL.BIOKRIPT.COM

Quote from: BTCMILLIONAIRE on February 18, 2018, 09:08:31 AM

Quote from: OriginTrain on February 17, 2018, 11:39:39 PM

I agree with you on a philosophical level, as there's no need for KYC for legal compliance. However the reality is this: People on this forum and elsewhere have hundreds, sometimes thousands of accounts registered. Some of these people have offices with hired workers that do this for them, others use bots. The reality for most airdrops is that they are centralized to just a few people with thousands of accounts. Without KYC the airdrop is not fairly distributed, and these scammers get most of the tokens. So in essence KYC is a way of countering this.

The solution of KYC isn't ideal, but what better system could you propose to alleviate the above issue?

Simple. Don't airdrop large proportions of the coin supply.

Marketing strategies, the more people seen in a group chat the better. They would airdrop millions of coins for their community to grow, and giving them their start up coin loses them nothing.

People are blind folded and investing in ICO now a days that have many supporters, they trust and invest in it. I am not saying all but some people dig deep and see if the project is worth investing for.

This issue is bugging me as I have KYCed for Polymath (for airdrop), I already regretted things and did not think carefully before the latter happens.

taeewo

full member

Activity: 392

Merit: 100

Havven did not required verification for airdrop, i think they actually said it during registration that they will b kyc but kater changed their initial plan which stated that kyc is for those buying i c o and eoi..

evgeshti

member

Activity: 161

Merit: 10

Quote from: gefander on February 18, 2018, 08:39:29 PM

Quote from: evgeshti on February 18, 2018, 05:19:58 PM

Quote from: gefander on February 13, 2018, 03:15:17 AM

...I will try periodically to write down information. So I ask everyone who is also indifferent and sensitive to this issue, to leave information about such companies.

Polymath
Haven
ShipChain

To be honest, I do not remember Polymath needing any check during my registration, but I know one thing for sure, that a couple of weeks ago I received from them coins for Airdrop and now they cost more than $ 300. Usually I'm not a supporter of providing my personal information to companies for a few free coins, so it's most likely that Zshndfer did not require proof of identity with the help of documents. I do not try to advertise or desquidify anyone, but I collided personally with Polymath and there was no ID verification (of course they could add KYC later, and this option is possible)

So You are saying that is not required? Then I'm a liar? And these people must be your liars, too.

Dangers of the Polymath Airdrop Scam
https://bitcointalksearch.org/topic/dangers-of-the-polymath-airdrop-scam-2746718

POLYMATH, is secure? I Do not think so!
https://bitcointalksearch.org/topic/polymath-is-secure-i-do-not-think-so-2831288

https://bitcointalksearch.org/topic/m.29817896

I never call anyone a liar if there is no reason, argument and proof for that. I just express my opinion and do not impose it on anyone. Read my message carefully. I wrote that I do not remember if there was confirmation of the address with the help of documents and if I had any difficulties with registration I would remember exactly. I keep detailed statistics of my registrations in Airdrops and try not to waste my time on projects if I have any difficulties with registration or inconvenience.
My case with Polymath is transparent and did not cause any questions for me. I registered on February 25, 2018, and on February 31, 2018 I received coins for the MEW. That's all what i want to say.

Niya

hero member

Activity: 811

Merit: 512

Enhalo Mining

Quote from: gefander on February 13, 2018, 03:15:17 AM

At the moment, there are already several companies that did not indicate that in order to obtain their airdrop will need to later pass the verification of identity and provide them with personal data. For reasons of my security, the security of my accounts on exchanges, due to concerns about the confidentiality of my personal data - I'm not going to send pictures of my passports, the address of the actual accommodation to those who organize AIRDROP, I will bypass such AIRDROP and would recommend to avoid such airdrops. It's dangerous enough, so I'm never going to PR like airdrop. Similar airdrop later appear on my reputation . I've apologized three times to my followers on my blog.

I agree with you! Avoid such airdrops and bounty campaigns which require KYC procedures. They may be nothing more than scam attempts to steal your documents.

paxmao

legendary

Activity: 2394

Merit: 1632

Do not die for Putin

Quote from: gefander on February 13, 2018, 03:15:17 AM

I also think that the companies that were found guilty of such manipulation, you need somewhere to write, so I propose to report information about them in this thread, I will try periodically to write down information. So I ask everyone who is also indifferent and sensitive to this issue, to leave information about such companies.

Polymath
Haven
ShipChain

I will not drop anything, but will ask you to do like & repost, maybe this will change things for the better. Decency will once again enter this world.

I assume you don´t hang around the Alt Discussion threads, but there is nothing like silence there about it.

https://bitcointalksearch.org/topic/dangers-of-the-polymath-airdrop-scam-2746718

https://bitcointalksearch.org/topic/polymath-scam-stay-away-2768416

https://bitcointalksearch.org/topic/scam-airdrop-with-national-id-pic-2931828

Personally, I am scared enough to give my docs and personal data to invest, so I would never ever do it for a crappy airdrop of 10 or 15 USD.

gefander

full member

Activity: 490

Merit: 103

Quote from: OriginTrain on February 17, 2018, 11:39:39 PM

I agree with you on a philosophical level, as there's no need for KYC for legal compliance. However the reality is this: People on this forum and elsewhere have hundreds, sometimes thousands of accounts registered. Some of these people have offices with hired workers that do this for them, others use bots. The reality for most airdrops is that they are centralized to just a few people with thousands of accounts. Without KYC the airdrop is not fairly distributed, and these scammers get most of the tokens. So in essence KYC is a way of countering this.

The solution of KYC isn't ideal, but what better system could you propose to alleviate the above issue?

As I have previously said I am not opposed to airdrop used KYC - I am opposed to it was hidden until the last moment. When they have already used people and got HYIP, then reports that it is necessary to pass KYC-it is not philosophy - it is a violation of justice.

But my philosophy is this - what deceiving once, - deceive again. It is impossible to trust such people, let there be such information about them - people should be aware, and what further they will draw conclusions it already their decision. Personally, I make the conclusion is clear - the potential fraud.

gefander

full member

Activity: 490

Merit: 103

Quote from: evgeshti on February 18, 2018, 05:19:58 PM

Quote from: gefander on February 13, 2018, 03:15:17 AM

...I will try periodically to write down information. So I ask everyone who is also indifferent and sensitive to this issue, to leave information about such companies.

Polymath
Haven
ShipChain

To be honest, I do not remember Polymath needing any check during my registration, but I know one thing for sure, that a couple of weeks ago I received from them coins for Airdrop and now they cost more than $ 300. Usually I'm not a supporter of providing my personal information to companies for a few free coins, so it's most likely that Zshndfer did not require proof of identity with the help of documents. I do not try to advertise or desquidify anyone, but I collided personally with Polymath and there was no ID verification (of course they could add KYC later, and this option is possible)

So You are saying that is not required? Then I'm a liar? And these people must be your liars, too.

Dangers of the Polymath Airdrop Scam
https://bitcointalksearch.org/topic/dangers-of-the-polymath-airdrop-scam-2746718

POLYMATH, is secure? I Do not think so!
https://bitcointalksearch.org/topic/polymath-is-secure-i-do-not-think-so-2831288

https://bitcointalksearch.org/topic/m.29817896

evgeshti

member

Activity: 161

Merit: 10

Quote from: gefander on February 13, 2018, 03:15:17 AM

...I will try periodically to write down information. So I ask everyone who is also indifferent and sensitive to this issue, to leave information about such companies.

Polymath
Haven
ShipChain

To be honest, I do not remember Polymath needing any check during my registration, but I know one thing for sure, that a couple of weeks ago I received from them coins for Airdrop and now they cost more than $ 300. Usually I'm not a supporter of providing my personal information to companies for a few free coins, so it's most likely that Polymath did not require proof of identity with the help of documents. I do not try to advertise or desquidify anyone, but I collided personally with Polymath and there was no ID verification (of course they could add KYC later, and this option is possible)

Rhinoboy11

jr. member

Activity: 224

Merit: 2

some don't even mention KYC until you are done paying your ether do you hear them screaming KYC and ask for passport in particular.

One today was trying to ask for my canadian social security number.

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: OriginTrain on February 17, 2018, 11:39:39 PM

I agree with you on a philosophical level, as there's no need for KYC for legal compliance. However the reality is this: People on this forum and elsewhere have hundreds, sometimes thousands of accounts registered. Some of these people have offices with hired workers that do this for them, others use bots. The reality for most airdrops is that they are centralized to just a few people with thousands of accounts. Without KYC the airdrop is not fairly distributed, and these scammers get most of the tokens. So in essence KYC is a way of countering this.

The solution of KYC isn't ideal, but what better system could you propose to alleviate the above issue?

Simple. Don't airdrop large proportions of the coin supply.

OriginTrain

full member

Activity: 406

Merit: 174

I agree with you on a philosophical level, as there's no need for KYC for legal compliance. However the reality is this: People on this forum and elsewhere have hundreds, sometimes thousands of accounts registered. Some of these people have offices with hired workers that do this for them, others use bots. The reality for most airdrops is that they are centralized to just a few people with thousands of accounts. Without KYC the airdrop is not fairly distributed, and these scammers get most of the tokens. So in essence KYC is a way of countering this.

The solution of KYC isn't ideal, but what better system could you propose to alleviate the above issue?

us11csalyer

member

Activity: 266

Merit: 12

Streamity Decentralized cryptocurrency exchange

I'm just wondering what scammers can do with a photo of my ID? It is unlikely that he will be given a loan or something. Maximum, they can register anywhere.

aleksej996

sr. member

Activity: 490

Merit: 389

Do not trust the government

Quote from: TryNinja on February 17, 2018, 04:54:36 AM

At some point at your digital life, you will need to provide an ID and personal informations to verify your account. Do you want to trade at Coinbase, Bittrex or Gemini? You will need to provide them your ID.

Not really. You can use P2P exchange like Bisq if you don't won't to give your ID to anyone.
Only other trader will know the bank account with which you sent him fiat or where he needs to send it to you.
Trust isn't needed as Bisq uses 2-of-3 multisigs with an arbitrator and security deposits for both traders.

TryNinja

legendary

Activity: 2758

Merit: 6830

Quote from: ManaMan on February 15, 2018, 03:31:40 PM

I agree with you why would you trust a startup with your IDs. First off who will vouch that our documents will stay safe and no accidentally end up on the dark net markets. Well nobody can vouch for something like that, I guess people who give them IDs don't really understand the risks involved.

You can't really trust anyone with that kind information.

Have you read about the Equifax data breach that happened last year?

Quote

The personally identifiable information (PII) that was accessed includes these details:

- Names
- Social Security numbers
- Birth dates
- Addresses
- Driver’s license numbers (in some cases)

Source: https://www.lifelock.com/education/equifax-data-breach-2017/

At some point at your digital life, you will need to provide an ID and personal informations to verify your account. Do you want to trade at Coinbase, Bittrex or Gemini? You will need to provide them your ID.

Do you believe that the ICO will come anywhere and be successful or are you just "investing" with the hope that the ICO token will have a higher price so you can dump it? I deslike the idea of giving my ID to a group of random people in the internet. But if I trust them enough with my money (I usually don't, and that's why I don invest in ICO's), I would verify my account if needed.

gefander

full member

Activity: 490

Merit: 103

maybe they don't understand and perhaps they are simply not yet something to lose Roll Eyes

) that I would like to say regarding the fact that we do nothing means that our community has nothing to do with it? I'll try to keep here communication is possible, but I already almost do not participate in airdrop, these guys repulsed me the desire to spend time on them.

ManaMan

member

Activity: 238

Merit: 38

I agree with you why would you trust a startup with your IDs. First off who will vouch that our documents will stay safe and no accidentally end up on the dark net markets. Well nobody can vouch for something like that, I guess people who give them IDs don't really understand the risks involved.

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

The solution is simple. Don't join. Bitcoin was created to protect financial anonymity and independence. If that's what you got in for you'll do whatever you can to stay clear of groups that demand KYC. You can always buy tokens on exchanges without KYC, just avoid bounties and ICOs that demand it. If enough people have the brains to stop submitting their info for pocket money the problem will disappear on its own. And if not you can still make plenty of profits without playing the NSA game.

Topic: Why is everyone silent about this? Airdrop > after a while ask KYC (Read 515 times)