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Author Topic: KYC for Airdrops: A bad precedence  (Read 198107 times)
Aryleeto
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September 24, 2018, 08:12:10 PM
 #1141

Yes airdrop I'm not doing kyc , I think a lot of fraud here , the bounty is more to think about , but the chance that your documents will then to be out there very high

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nizamcc
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September 25, 2018, 05:48:07 AM
 #1142

I see sense to pass a security check in airdrops only when we are talking about some major, and most importantly guaranteed amounts.
Paha87
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September 25, 2018, 06:03:08 AM
 #1143

 I am against with KYC if they are asking from bounty hunters and airdrop. Our identity will not be safe and they can use it to claim our account. Our privacy and security will be compromised. Roll Eyes
TaliskerDarkStorm
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September 25, 2018, 06:13:27 AM
 #1144

You’re absolutely right. They recently started to want KYC for every little thing!! It’s not even necessery. So it’s better to refuse it, i’m not gonna share my such personal info or ID . It’s not a simple thing, it’s really serious because we don’t even know if we can trust them.
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September 25, 2018, 06:19:35 AM
 #1145

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.
AdamRay
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September 25, 2018, 06:25:16 AM
 #1146

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.

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bitok_1979
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September 25, 2018, 06:32:44 AM
 #1147

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

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cewekimut
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September 25, 2018, 06:40:20 AM
 #1148

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.

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Teebass001
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September 25, 2018, 07:37:17 AM
 #1149

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

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Talkingbest
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September 25, 2018, 08:18:02 AM
 #1150

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 .
OpenCryptoSystem
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September 25, 2018, 04:02:22 PM
 #1151

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 !!
mr.nby
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September 25, 2018, 04:14:26 PM
 #1152

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.
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September 27, 2018, 09:49:40 AM
 #1153

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
elis74
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September 29, 2018, 11:10:50 AM
 #1154

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
Luckym7
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September 29, 2018, 04:56:12 PM
 #1155

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.
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September 29, 2018, 04:58:42 PM
 #1156

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.

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September 29, 2018, 05:04:38 PM
Merited by oginiimaoyani (1)
 #1157

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.


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

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September 29, 2018, 05:46:55 PM
 #1158

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.
Md Saykat Nazir
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September 29, 2018, 05:48:21 PM
 #1159

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.
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September 29, 2018, 05:51:37 PM
 #1160

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.

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