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Author Topic: KYC for Airdrops: A bad precedence  (Read 198083 times)
Globen
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January 19, 2019, 07:15:27 PM
 #1281

Kyc isn't good at all for Airdrops, not like you will receive something reasonable, rather you will be given something not worth it, and they excpect one to upload his details. Kyc should be kick against for airdrops. Kyc should be for investors. Kyc for investors  is necessary for investors.

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January 19, 2019, 07:49:26 PM
 #1282

Lots of airdrops fake to collect personal information except for a few big projects (Example: XLM). Basically, they apply KYC to prevent the cheater, but this is also very vulnerable.

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January 19, 2019, 09:03:02 PM
 #1283

This has become the norm. But I still can understand when there are good projects that for some reason are asked to pass the KYC, but when KYC require to pass absolutely all bad projects, it is not normal.

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January 20, 2019, 02:13:25 PM
 #1284

KYC for Airdrops is a no no for me, I can't be doing KYC just to receive peanuts and most projects uses it as an avenue to get hold of people's informatio and use without concepts

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January 20, 2019, 02:29:12 PM
 #1285

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.

Submitting your KYC in just an airdrop is a big joke, I dont really imagin that even airdrop is required the identifacation of a bounty hunter. Our identity is very private and what make me dis agree, most airdrop is a scammed so if you comply you already surrender without nothing in returns. If talking KYC, much comfortable in bounties rather than airdrop.
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January 20, 2019, 02:33:11 PM
 #1286

Kyc for airdrop isn't nice, i do not support it, imagine being given a token of just $3 and you are asked to submit your confidential details. This should be kicked against by this great community. KYC should be for investors.
I also do not support the existence of KYC on airdrop, more important is the security of our personal data information rather than
airdrop results that can be said to be very little, if you really want to follow airdrop it is better to find one that does not require KYC

I am not interested in joining airdrop in need of KYC
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January 20, 2019, 02:59:12 PM
 #1287

Almost a year has passed and this topic is still relevant. I suppose this is due to the increase in the project scam comma. Legitimate projects try to reduce the number of scammer participants, while scammers often try to impersonate good projects by hiding behind the KYC procedure.

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January 20, 2019, 03:03:01 PM
 #1288

Almost a year has passed and this topic is still relevant. I suppose this is due to the increase in the project scam comma. Legitimate projects try to reduce the number of scammer participants, while scammers often try to impersonate good projects by hiding behind the KYC procedure.

This is what is happening now. We cannot see whether the project is really real or fake. We alone can analyze it. And actually KYC is applied to eradicate scammers. But whatever the power, Scammers always exist and continue to exist.
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January 20, 2019, 03:08:32 PM
 #1289

well more and more regulations are coming to the crypto world but doing kyc for the airdrops is too much.

I am afraid that with this KYC invasion for airdrops a lot of data will be stolen so make sure that the KYC is worthing to be done.

 
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January 20, 2019, 03:21:45 PM
 #1290

Let's remember what the KYC process was created for, which is designed exclusively for cases when you are investors and nothing more. In cases where KYC is designed for airdrops, then I think that all this is nothing more than the developers' fear of the SEC.
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January 21, 2019, 08:03:00 AM
 #1291

I think it is very stupid to conduct KYC verification on the object of airdrops. This will prevent most people from participating and can't achieve the purpose of propaganda.


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January 21, 2019, 10:09:28 PM
 #1292

I think it is very stupid to conduct KYC verification on the object of airdrops. This will prevent most people from participating and can't achieve the purpose of propaganda.
Agree kyc for airdrop is a waste of time and the developers will not achieve those goals those that they wanted , I think for bounty is still of course you can use

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January 21, 2019, 10:22:01 PM
 #1293

Of course KYC violates all the principles of anonymity, but there is a double opinion on this matter. On the one hand, this is a necessary measure to deal with a large number of multi-accounts and bots that litter all chats. But on the other hand it is a great way to collect documents for selling your data to some companies. So I think KYC is good, but you should send your documents only to verified projects.

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January 21, 2019, 10:25:57 PM
 #1294

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.
Yeah, it's spreading more and more to the bounty company. I don't like it either, but the conditions are dictated by those who conduct ICO, so we have to either agree with them or simply not participate in their bounty companies.

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January 21, 2019, 10:32:09 PM
 #1295

In normal KYC projects, the necessary procedure is if the developers are competent and focused on results. And it’s good that it is introduced everywhere, even in Airdrops, it means that fewer scammers will be from the developers and from those who receive tokens. Who uses multi-accounts, they have become too much.

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January 21, 2019, 10:39:08 PM
 #1296

This KYC is a procedure that has good goals, but many people have used it for personal gain. And we see that Airdrop also uses KYC procedures and I think this seems absurd. Because Airdrop results are very small and don't even have a sale value. We must be careful before following this.

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January 21, 2019, 10:39:49 PM
 #1297

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.
That's true that almost a lot of airdrops and bounties required to pass kyc which is terrible. Not all airdrops and bounties paid for our hard word but they required too much. We don't know if our documents are safe and not be use on their evel works. But in the other side if we want to get our reward we have nothing to do but to take kyc and follow their rules.

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January 21, 2019, 11:53:52 PM
 #1298

I think KYC for Airdrop is not feasible, sending personal data only for very little airdrop results, don't you think about the data security you provide? now there are a lot of airdrop scams, don't let your personal data be used by irresponsible parties, my advice is don't follow airdrop in need of KYC

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January 22, 2019, 01:20:27 AM
 #1299

yeah it is very bad for aidrop participants to pass KYC for a little peanut of money. I think this rule is mandatory because there are a lot of cheaters that joined this campaign.
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January 22, 2019, 02:26:03 AM
 #1300

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'm also quite disappointed with now crypto situation , they say KYC is a way to invest more safely but I don't agree because data is very expensive and very important and we shouldn't give our data to others so easily. airdrop that uses KYC it's better not to join in it.

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