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Author Topic: KYC for Airdrops: A bad precedence  (Read 198107 times)
hameshsmith
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July 03, 2018, 07:03:17 AM
 #661

Not a chance would I do KYC for a shitty little airdrop to make $1 if I'm lucky. These are just random people on the internet who collect the passport/driving licence of 1000s of people lol, it's bad enough having to do it for successful ICOs.
thuthi13
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July 03, 2018, 08:38:38 AM
 #662

Absolutely. 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.
linhlinh1920
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July 03, 2018, 11:17:40 AM
 #663

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
JackdunR
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July 03, 2018, 11:23:13 AM
 #664

But I see most of the projects require KYC to be the most successful project. If a project does not need KYC is more dangerous for you, maybe they are phishing.
asdkbz55555t
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July 03, 2018, 02:12:02 PM
 #665

Please don't send your personal information through KYC form, for only few tokens. I personally don't participate with airdrops who demanding for KYC. Personally I don't trust on airdrops. Most of them are not needed by the market. They are developed for data collection.
daly896
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July 03, 2018, 02:13:48 PM
 #666

i am also afraid of data leaks and I don't want to disclose my personal data to unknown members, what is more, not all team members pass KYC, but they want investors and hunters pass it!

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steveabrahams
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July 03, 2018, 02:14:18 PM
 #667

If the use of KYC for airdrops is for prevent the multiple account to join then i agree with that. As you know there are many cheaters out there and using multiple account to join bounties and airdrops. For airdrops i think it's no need to use KYC.
lucy5632
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July 04, 2018, 04:38:11 AM
 #668

Your observations is correct and timely,naturally KYC is meant for investors and not for bounty hunters,investors KYC is needed because of the funds they are investing especially if the money is above $1000 any amount less should not attract KYC.
pilipalax2
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July 04, 2018, 04:48:29 AM
 #669

I believe it's not just about fighting fake accounts. It's also required by law in some countries like US. In US, it's against the law to sell an unregistered token to investors. And it's against the same law to give the tokens for FREE to individuals. A lawyer friend told me this.
Amalker
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July 04, 2018, 04:58:33 AM
 #670

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, this is a bad practice not only for airdrops, but also for ICO and bounty too. Almost all ID's and documents leak into the network, due to very low security quality. Recently was hacked Typeform service, which is on the second popularity place for KYC after Google Forms.  Angry
vivuta114
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July 04, 2018, 02:58:21 PM
 #671

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
vivuta114
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July 04, 2018, 02:59:50 PM
 #672

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.
Andelitan
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July 04, 2018, 03:02:21 PM
 #673

If this airdrop is organized by serious project, then i have no problems with KYC. But i definitely will not send my documents to projects that look like a scam.
yeuskz999999
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July 05, 2018, 04:30:54 AM
 #674

I'm a full-fledged supporter of anonymity on the network, so I do not want KYC for airdrops and for bounty, because I think that this way people lose their anonymity, and most likely they will not stop, I think that people would probably not be the best handed documents
flowdon
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July 05, 2018, 04:43:46 AM
 #675

for me, it doesn't need an KYC for airdrops, because it is an free coin distribute to the community so that people who holds that can try to use and know there platform. KYC is good for those who are investing ICO's projects and doing some bounty campaign. but in airdrops its not an good idea for me.

Azishu
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July 05, 2018, 05:12:56 AM
 #676

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, I agree with you that KYC is easy to be used by some junk project parties. I don't know what they will do, or affect me in the future. But it is possible that such behavior has slowly radiated the entire airdrop. Many people refer to such practices to obtain people's information and mean means.
rufus59
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July 05, 2018, 05:18:52 AM
 #677

I don't do airdrop anymore cauae they are not worth the stress; airdrop are worthless to me; and some would still require you to do kyc;
huyenphung8698
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July 05, 2018, 08:46:18 AM
 #678

I think if you are involved in Airdrops and you are offered to go to the KUS, it already causes suspicion that this company is a scam. It seems to me that those coins that you can get in Airdrops do not cost lost personal data, so you do not need to take risks.
smile226688
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July 06, 2018, 10:21:25 AM
 #679

Filling up KYC and giving away to the unknown and only for Airdrop who will not get big profits I think it's ridiculous and my advice should not be done because it's waste of time and again provide information yourself with useless.
vietanh991004
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July 06, 2018, 02:59:45 PM
 #680

In my opinion it is out of place for coin or token promoter to request for KYC for a small amount of token. What do they need it for? KYC is required when you are making coin purchase of reasonable sums as to ensure ownership. Requesting for KYC at Airdrops should be discouraged.
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