KYC for Airdrops: A bad precedence

[advico789]

Totally agree! Sometimes KYC is required to ICOs but due to AML. Airdrops don't provide such a danger because of small prizes for your activity. Airdrops are not worth to do KYC...

[ZBer_Cut]

 Why would I put myself in the danger of submitting my real identity over the internet to some anonym that can use it in any illegal way? KYC does not work at all how it should as it was written over the forum several times

[Crypto_trader87]

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 personaly against this kind of procedure even in bounty campaign they need KYC for wht reason? As far as i understand  KYC needed only in people who investing there money and the team wnat to know whre there money came form that why need KYC  but applicable in bounty and airdrop

[Ostonian]

With this, there's nothing to be done. Almost everywhere you already need kyc, whether it's investing in an ICO project, bounty campaign or airdrop. Many came to crypto because of anonymity, but alas the rules are constantly changing.

[nzara]

I agree...KYC for a an airdrops is not appropriate. These companies are just new comers and there could be a potential scammers on its back that can use your identity;.

Beware of airdrops with KYC, its not advisable.

[TrustyShackleford666]

It's sketchy as hell.

Inb4 I am signed up for all sorts of stupid mailing lists.

[namtwin]

I think that for airdrops it is bust (although a couple of times I met such with large payments). Some confidentiality should still remain, because the documents required for presentation are serious enough, and when they are used by other persons there may be problems

[pokemon43]

I believe that the work of bounty hunters should be paid without passing KYC. This has nothing to do with investing, so the requirement for KYC is unreasonable.  Angry

[ngochuyen0071]

I think that for airdrops it is bust (although a couple of times I met such with large payments). Some confidentiality should still remain, because the documents required for presentation are serious enough, and when they are used by other persons there may be problems.

[aonfons]

With the current status of ICO scam projects, KYC is very risky for our personal information. Even KYC for the bounty hunter I did not support. It degrades the anonymity of blockchain technology.

[cryptolord5]

to me any airdrop that requires KYC are all fake, how much are they paying us for them to request for our details, i found that true airdrop we can be hacked. i do avoid airdrops mostly sending out my information

[mullzerwar]

How much do you gain from the airdrops that obligate you to pass the KYC? Is this good? Sometimes, we only get a very small amount from the airdrop. When we must send our ID to the strange people to get only that amount, is it a deal? Is it profitable for us? I don't think so. KYC is Know Your Customer. The airdrop hunter is not a customer, isn't it?

[Smollett945]

The procedure of identification of participants contradicts one of bases of the cryptoforeign exchange market - anonymity. Therefore I against KYC in any kind.

[miklesm]

KYC requirement for getting Airdrops is rather strange in my opinion. I understand the situation when ICOs require KYC when buying tokens, but in this case you want to get some free tokens. I don't participate in Airdrops which want to get my personal information.

[seyola89]

Kyc for airdrops has to be that some of the ICOs are trying to prevent regulation issue in the future. Though I don't like it too but if I feel that the airdrop is a solid project and worth it, I can do the kyc but if it's worthless, I will just ignore it

[Pitparker]

To my knowledge, KYC deals with the rules of some countries that prohibit bitcoin and other crypto coins. KYC is also to prove that your existence as a participant is true (in addition to anticipating participants from a prohibiting country). It's a little inconvenient, but I do not mind that. Anyway KYC also for good distribution process.

[Dewi89]

KYC for airdrop? Seriously
I advise you not to verify for just a few cents, unless you are part of a bounty participant who gets a lot of tokens

[Darker45]

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 guess the projects are not the ones that are really pushing for the implementation of KYC or Know Your Client/Customer themselves. They are simply implementing the policy out of compliance of the government agencies that are taking extra steps to make sure there will be no abuse of the anonymity feature of cryptocurrencies. But you have the choice not to join airdrops that are requiring KYC.

[fly99]

To provide KYC in order to obtain a bounty is a loss. You are giving away your personal information to someone you don't know. Don't you think it's very unsafe?

[martabaktelor]

Its not normal and I think they are intending to get all your personal information, be careful of that. Airdrops didn't give a high rewards so I think they shouldn't do any KYC for it.