KYC for Airdrops: A bad precedence

[svobodnyi]

Companies will not care about you, if you say no. There will be others who will not mind.
At the same time, laws are being passed on the disclosure of the identity of the purse holder and others

[jan.nicolas]

KYC for airdrop of course it's very interesting, on the one hand it's even very funny, because I'm wondering about what these people think at all? I think that they do not think about anything, because it seems to me that people who have made such a decision are afraid to breathe fresh air.

[WorldBiz project]

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 

[BenjaminFranklingwould]

If you have to do KYC for the airdrop it's not good in my opinion. If you wanted to participate in ICO and did KYC for that and then it came to cancel public ICO and to do airdrop for the people who made KYC then it's ok. But to do KYC for the airdrop is bad and will involve a lot of scamers.

[kewlc3s]

KYC for ICO investors - ok
KYC for Bounty hunters - might be, depends on reward and project
KYC for Airdrops - never ever.
Sell your identity for maximum 10$. If even this token will be listed somewhere..
Just forget it°!

[Pulafripta]

Being known that most of the airdrops are scams  its a bad move. I do not do kyc for airdrop. I do it only if i take the airdrop form from the official site of the ico and if its a known ico

[brightology]

KYC is simply means Know Your Customer and the KYC process is main for investors, but never the less,  KYC is a simple process and to show your citizenship identity.

[Clement Kaliyar]

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.

I think the main reason they are implementing these steps is to avoid abuse, as people will be joining with their alts and in order to counter those issues they might reach the decision to do these, you have the choice on not to participate on those airdrops if you think they are crossing the limit and sure it will keep people away because you never know what will happen if you are sharing your identity for these things.

[Xmm]

It seems to me that in the future it will be everywhere, although I do not agree that it is obligatory for bounty and airdrop participants, because they do not buy or sell coins. This must necessarily be discussed and corrected!

[fortelen]

I'm sure that the airdrops that require KYC are the part of the big ICO. At this recent, many ICOs require KYC document for the investors and bounty hunters to avoid any scams and others. Actually, it has positive and negative sides to consider. Positively, they ensure to know their consumers and avoid the scammers. But on the other hand, we also feel worried about the only airdrop tokens and we should offer our ID to strange people. Just so if we only need to fill the KYC, if you are sure, just do it and receive your reward. But if you're not sure, just leave it to other airdrop programs.

[Genovese]

if you not like kyc then stay away, very simple

most decent exchanges require kyc if you want to deal in decent amounts

blockchains and the info held are generally open and visible by nature unless your dealing fully with otc deals and totally private coins, vps, your own server, etc etc then you are probably on a .gov database somewhere as a probable crypto currency holder

pay your taxes and encourage the growth of crypto

You can stay away when you have been given a choice, having been informed that a KYC will be required BEFORE you close a deal. If you suddenly come up with a KYC request AFTER that a deal has been closed, at it now has started to happen with some bounty campaigns, then the imposition of a KYC is a total abuse.

[kakawin]

if you not like kyc then stay away, very simple

most decent exchanges require kyc if you want to deal in decent amounts

blockchains and the info held are generally open and visible by nature unless your dealing fully with otc deals and totally private coins, vps, your own server, etc etc then you are probably on a .gov database somewhere as a probable crypto currency holder

pay your taxes and encourage the growth of crypto

You can stay away when you have been given a choice, having been informed that a KYC will be required BEFORE you close a deal. If you suddenly come up with a KYC request AFTER that a deal has been closed, at it now has started to happen with some bounty campaigns, then the imposition of a KYC is a total abuse.

I agree with you. When they give me a choice, it's fair, but when they do not give me a choice, it's like a deception. Bounty hunters do not invest any money in projects, so the talk about money laundering is inappropriate here.

[trudovik]

The KYC procedure is a very wrong and not fair procedure? Why is it even needed to receive airdrops, it seems to me that the world is going crazy, and at the same time trying to drive us crazy. Fun certainly, but scary.

[Koadharber]

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.

Only dumb persons would able to believe and do comply these things just for the sake of airdrops.I cant even imagine that it would really need to go this far.Even KYC for bounty hunters i am really opposing into that thing how much more on airdrops which the amount of tokens is just really little to consider and why would they need to do KYC? It is already a shady act for them to do. Better avoid these things.

[Abarov]

If you use SCC for airdrops. This is an explicit collection of information for the formation of a database. Be bypassed.

[topchiiy86]

I don't think it a good idea to share your personal data just to receive an airdrop. Most of airdrops are scam, so I wouldn't even them any information. Of course there're some exclusions where you pass KYC for participation in ICOs and they can hold an airdrop instead of a public sale. So in this case it can be reasonable to pass KYC to get some tokens.

[Zeraphine]

Governments don’t like the very idea of decentralization, so they create various regulations in order to be able to take control of crypto. As a result ICOs have to ask people pass KYC.

[FaucetKING]

I totally agree with you, if i was in your place, i would never send them my papers, it's risky to send your id or passport to a unknown entity or orgatisationg for some free tokens! I can't feel safe when i do that tbh!
Well, tbh there's a lot of trusted icos that i might drop them my id for sure, but that's the last thing i would do to earn cryptocurrency's.

[parkraol]

Airdrop is just a small amount of free coin for each individual. Why do people need kyc documents? When you join the facebook campaign some personal information is there then kyc needed? This is really quit unexplained and we do not know if they really hold our personal documents confidentiality. If it does not change, hoping there is evidence to sign that our personal data will not be provided to partners or other ICO projects.

[Yaunfitda]

I don't think it a good idea to share your personal data just to receive an airdrop. Most of airdrops are scam, so I wouldn't even them any information. Of course there're some exclusions where you pass KYC for participation in ICOs and they can hold an airdrop instead of a public sale. So in this case it can be reasonable to pass KYC to get some tokens.

Exactly, why would you share your personal information for a just a penny? That's why I don't joined airdrops lately, because of this reasons. I really don't understand what they are going to do with your data though?

Yeah, for ICO I think its reasonable specially for bounties that pay higher or good amount of tokens and the project looks pretty solid and legit. But for airdrops? I'm don't understand why they would require such a thing.