Any effect behind KYC verification on any project

[Uko21]

The issue of KYC verification this days on any ico one wants to buy is pronouncing. My question is, is KYC really necessary before one can purchase a particular project Ico? Because our documents were mend to be keep confidential and not to expose it to public, and the new rules is not KYC not Ico.
I hope our documents will not be use for impersonation of any criminal activities?
Please I need advice
Thanks 

[sale.kripta]

Nobody can guarantee you anything and will not. I always use only a passport for traveling abroad, when I provide information.

[radokan]

The issue of KYC verification this days on any ico one wants to buy is pronouncing. My question is, is KYC really necessary before one can purchase a particular project Ico? Because our documents were mend to be keep confidential and not to expose it to public, and the new rules is not KYC not Ico.
I hope our documents will not be use for impersonation of any criminal activities?
Please I need advice
Thanks 

If ICO is regulated by government then yes in all other cases no. Why would you join ICO's which are enforcing KYC? Wait for ICO to end and buy cheap tokens on etherdelta.

[Sergo Grigo]

As far as I know, not all ISOs are required to pass the KYC, but I think soon all the ICO are obliged to require investors to pass KYC. As for the confidentiality of information, as always there are no guarantees.

[D-Fault]

There are no guaranties of your personal information security however I’m sure that in a short amount of time all ICO will require KYC

You wrong, KYC is a weird stuff for that teams who is too lazy to observe all the bounty recruits. Lot's of people are against KYC and I don't think that KYC have any bright future.

[OuterTech]

As far as I know, not all ISOs are required to pass the KYC, but I think soon all the ICO are obliged to require investors to pass KYC. As for the confidentiality of information, as always there are no guarantees.

Yes it's right. There are still few ICO projects that no need to do KYC when you wanna join but in the future all ICO projects will require KYC if anyone wanna join their project cause the US government has some strict rule with cryptocurrency and ICO project that why almost ICO projects don't accept investors come from US and they need to require KYC to make sure that their investors don't come from US.

[milewilda]

The issue of KYC verification this days on any ico one wants to buy is pronouncing. My question is, is KYC really necessary before one can purchase a particular project Ico? Because our documents were mend to be keep confidential and not to expose it to public, and the new rules is not KYC not Ico.
I hope our documents will not be use for impersonation of any criminal activities?
Please I need advice
Thanks 

You can always have the choice if you would follow their rules or not regarding on KYC. If you are eager on joining as an investor then you will follow but if your hesitant then you can pass or simply dont invest. Documents are meant to be private and sharing it out would really put us on hesitation because of the possible misuse of our document which would really give problems and hassle to us.
KYC is already gradually implemented by ICO specially to those who have been regulated.

[Viecoin]

This is the way that the world is going. It was only a matter of time as I don't believe the governments and banks want to see up making money if they cannot regulate it. In the end I believe KYC is a method to thwart money laundering and tax evasion. You can opt not to participate by not being in ICOs.

[aintnopassincraze]

I will tell you what nobody wants to and that is there is next to no point in having KYC for ICOs. It is essentially a hackers wet dream to have that much personal information all in one area and that is exactly what is happening here. It seems useless to me other than helping out hackers, and we are not in the game of doing that!

[stomachgrowls]

This is the way that the world is going. It was only a matter of time as I don't believe the governments and banks want to see up making money if they cannot regulate it. In the end I believe KYC is a method to thwart money laundering and tax evasion. You can opt not to participate by not being in ICOs.

We do really have our own free will on such situations either we join up or not.It is not actually the solution or the method to thwart money laundering or any other issues attached to it Problems cant really be solved but they do make alibis on making it as a requirement.They are being controlled too which means they will follow on what has been ordered and if you do invest you will comply those things.

[RodneyKings]

I really find KYC annoying as it exposes our private details to more hackers! I'm one of those against KYC's especially if you need to provide IDs before you can participate on an ICO. I am not sure how are they going to protect our personal details once they are hacked. I don't really like the new ICO regulations these days but I can't do something about it since they are the one setting the rules which we need to comply if we want to join their ICOs.

[ashaksagnis]

Almost everywhere need to do KYC now. little bit annoying. why we need to send our personal documents? What  is the general point?

[onpages]

The issue of KYC verification this days on any ico one wants to buy is pronouncing. My question is, is KYC really necessary before one can purchase a particular project Ico? Because our documents were mend to be keep confidential and not to expose it to public, and the new rules is not KYC not Ico.
I hope our documents will not be use for impersonation of any criminal activities?
Please I need advice
Thanks 

In an article I read, the purpose of using KYC is very good. because it can at least prevent fraud or crime. such as terrorism, money laundering and others.
KYC is required to meet Know Your Customer requirements from FinCEN. If you own or operate a money service or money transmitter bank, you must know the KYC.
FinCen is a Network of Financial Crimes Enforcement.

https://medium.com/@woodforklaw/what-is-kyc-b8fc42ea4df

[osario_bear]

If you do your own research about a Token Sales/ICO that is promising and have rigorous security protocols and procedures in place, then it should be relatively safe for you participate. Now days procedures are becoming more stringent it is not only that they ask for a passport scan, but also for a selfie of yourself holding your passport 

[miningguru]

As far as I know, not all ISOs are required to pass the KYC, but I think soon all the ICO are obliged to require investors to pass KYC. As for the confidentiality of information, as always there are no guarantees.

Yes, it completely depends on the company we choose because many companies will store those things as confidential. Some companies are scamming the people may be those companies are not any more secure to our personal information.

[Mevz]

The issue of KYC verification this days on any ico one wants to buy is pronouncing. My question is, is KYC really necessary before one can purchase a particular project Ico? Because our documents were mend to be keep confidential and not to expose it to public, and the new rules is not KYC not Ico.
I hope our documents will not be use for impersonation of any criminal activities?
Please I need advice
Thanks 

Yeah some of the ICO's are requesting some KYC. Its also the rules for the bounty participants of an ICO to receive their payments is to fill up the KYC.
look at this link from the Gladius Network they are providing us like this inorder to claim our bounties.
https://gladius.io/bounty

I hope that our personalities would not go in public and like you've said not to be used in some impersonation.

[moynul2050]

I feel not to bounty, if for investor I strongly agree.
bounty hunter is having trouble with KYC, how he should make a passport while he will not go anywhere. very funny

[Mobshady24]

I feel not to bounty, if for investor I strongly agree.
bounty hunter is having trouble with KYC, how he should make a passport while he will not go anywhere. very funny

yeah, i think kyc for bounty is not necessary since all they did was to promote the ICO.

KYC is really important i believe in order to avoid scam ICOs and start building up trust with the government because they think that ICOs and cryptocurrencies are being used for money laundering.

[carlfebz2]

I feel not to bounty, if for investor I strongly agree.
bounty hunter is having trouble with KYC, how he should make a passport while he will not go anywhere. very funny

yeah, i think kyc for bounty is not necessary since all they did was to promote the ICO.

KYC is really important i believe in order to avoid scam ICOs and start building up trust with the government because they think that ICOs and cryptocurrencies are being used for money laundering.

Same thoughts which I don't see the reason why those bounty participants do need to comply with that KYC since they are just earning those tokens because of promoting it.KYC documents isn't needed in my own opinion but yet I do see some project do really require this which would really be hassle just like what I saw happened to my friend which the project he joined in do require kyc before on getting those tokens earned on bounties.

[olubams]

The issue of KYC verification this days on any ico one wants to buy is pronouncing. My question is, is KYC really necessary before one can purchase a particular project Ico? Because our documents were mend to be keep confidential and not to expose it to public, and the new rules is not KYC not Ico.
I hope our documents will not be use for impersonation of any criminal activities?
Please I need advice
Thanks  

The turn of events makes some things necessary and not important KYCs, white list to participate in ICOs makes those thing seems like a big deal. Its just a way to follow the trend and ensure that the funds generated from such project can be traced and the people behind such investments can also be found. But I wonder if someone with questionable funds will want to go through those stress. If he will just send a mail to the developers and tell them he wants to be an "angel" investor and that settles it.