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darkr
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April 06, 2018, 10:36:01 AM |
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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 am also against distributing my personal data to unknown persons. I choose those companies that do not require documents because I earn money and do not engage in fraud. |
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-HK-
Full Member
 Offline
Activity: 294
Merit: 101
Hello people.
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April 06, 2018, 11:47:15 PM |
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Yes, KYC for Airdrops can be risky. When we participate in an ICO doing proper research to the project and sending our documents won't be a risk. But most people don't do any research in the Airdrops they participate in and could be a big problem when our documents fall into the hands of scammers.
On top of that, I have a Telegram channel where I list the Best Airdrops and since most people don't complete KYC for an Airdrop I miss out on a lot of ref bonus  this year I almost refused the drops, as the effectiveness of this activity has become very low, the time was spent the same as last year, if you still enter the identity check for KYC, the last desire to spend precious time on drops will dry up completely better spend time on the bounty company and the same KYC |
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laserfocused
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April 07, 2018, 12:33:20 AM |
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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.
Yes really bad. I have never done air drops and this further ensures that I will not. |
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Rascar Capac
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April 07, 2018, 12:46:15 AM |
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Giving your ID for an airdrop is very dangerous... It's risky enough for a serious ICO but then for an airdrop... You know nothing of the team behind and nothing about their intention. Your data can be sold or exchanged and your identity usurped. Be very careful
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Crypto-capitalist
Member
Offline
Activity: 224
Merit: 10
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April 07, 2018, 03:59:43 AM |
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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.
Agree with you. Why it's needed for airdrop? |
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Pumapipa
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April 07, 2018, 06:06:46 AM |
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Right. The main feature of cryptocurrency is its anonymity. So the question is, why do we really need kyc just to receive airdrops? Secondly, granting that kyc is a requirement for legal procedures in countries where cryptos ate legal, how are they planning to store our private information? And how secure ate those storage. I think KYC should be abolished.
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Alex_marik
Member
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Activity: 336
Merit: 10
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April 07, 2018, 06:09:49 AM |
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I will never take part in such projects, it is immediately clear that scammers who will later use your personal data for their own purposes.
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arrmia11
Member
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Activity: 406
Merit: 13
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April 07, 2018, 06:18:48 AM |
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Most of us doesn't want to subject with KYC procedure of some airdrops and bounties, but sometimes there are good projects that are worth submitting with. I think we just have to read the project and the websites for us to made the decision if we are going to participate or not. Besides we wont be able to earn our stakes and rewards of that is really mandated by the project itself.
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suburban123
Member
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Activity: 248
Merit: 11
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April 07, 2018, 06:28:04 AM |
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I am sure that the collection of confidential information in airdrops will not lead to anything good. It's counter-productive, getting a few coins for a fee with your data. If I meet such a condition, then I simply do not return to this project any more.
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Zarangozang
Newbie
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Activity: 162
Merit: 0
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April 07, 2018, 06:29:04 AM |
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Most of us doesn't want to subject with KYC procedure of some airdrops and bounties, but sometimes there are good projects that are worth submitting with. I think we just have to read the project and the websites for us to made the decision if we are going to participate or not. Besides we wont be able to earn our stakes and rewards of that is really mandated by the project itself.
campaign participants also include owning share rights in a project, if the rules require it, I have no problem with it, but if it is only for airdrops, it seems unfair because the percentage is too small, so the obligation should be KYC only for big holders only. Many people do not like KYC, but it is a solution for crypto to be recognized by the world. |
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rumexx
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April 07, 2018, 06:32:52 AM |
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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 am also surprised by the demand of most of the bounty project asking hunters for KYC. A bounty hunter has no business buying tokens rather he is only promoting the tokens for a fee what is the rationale asking him to do KYC when his not part of crowd buying of the tokens. |
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cilgindansci
Member
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Activity: 504
Merit: 10
umachit.fund
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April 07, 2018, 06:33:40 AM |
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People are do a lot of fraud with crypto currencies. KYC isn't a solution absolutely. More advanced technology is needed.
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ask
Legendary
Offline
Activity: 1386
Merit: 1004
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April 07, 2018, 06:36:03 AM |
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If we accept that 60% of ICO portfolio as scammers than all our identity going to be held by those scammers due bounty KYC procedure.
I am not supporting KYC required bounties. But also if there is a more secure way to prove that we are not from restricted countries than yes i can accept that one.
For example blockchain based KYC systems would be great such as thekey.
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ifanxu
Newbie
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Activity: 140
Merit: 0
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April 07, 2018, 06:40:29 AM |
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Yes, KYC for Airdrops is definitely a bad priority ,and I guess the majority of are just collecting your information.
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arkaasay
Member
Offline
Activity: 336
Merit: 10
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April 07, 2018, 06:47:30 AM |
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I totally agree with you, I really do not like the idea of giving my details just to get a few cents, how do I get assurance that my details will be safe and will not be used for fraud. I refuse to fill the kyc requirements on any airborne verification kyc applicable to the participants. after all, why should I give my personal data to people I do not know who his name knows where he came from.
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Rrotess
Member
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Activity: 264
Merit: 10
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April 07, 2018, 06:48:42 AM |
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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 thinks, KYC in airdrops is not an appropriate because its only a free token or coin,so why should they need to submitt our own information,and by this means of rule requirments maybe its our identity will become not anonymous and transparent,and the most vigorous of this it will make treaten our life and investment soon,because more people knows about your personality,more people scammers or phishing site's will hacking your personality account. Yeh youre right it not really appropriate because people will never be interested on this.This is also a reason that the participants will reduces automatiacally. |
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Troysen
Member
Offline
Activity: 476
Merit: 10
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April 07, 2018, 06:55:56 AM |
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Airdrops are most of the times not worth the hype, i dont see a reason as to why an airdrop would want to know your details yet most of them end up being valueless
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veraoktav127
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April 07, 2018, 06:59:15 AM |
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it's really fun getting a token of coins from airdrop but I've also gotten the same experience when following airdrop we were asked to hand over KYC which I finally pulled back from the airdrop because I think it's too much what they ask
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Genovese
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April 11, 2018, 12:27:23 AM |
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The horrible thing are the the people who have handed over their IDs to get some peanuts or dust airdropped. They are even more guilty than the airdroppers.
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Koontas
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April 11, 2018, 06:32:34 PM |
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The horrible thing are the the people who have handed over their IDs to get some peanuts or dust airdropped. They are even more guilty than the airdroppers.
Yes, I also can not understand people who do KYC for some peanuts. I mean: KYC in general is a good thing, but for 5 USD airdrop?!?! |
Don't trust any exchange!
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