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Author Topic: KYC for Airdrops: A bad precedence  (Read 198083 times)
gunhell16
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August 31, 2018, 11:07:59 AM
 #961

Having KYC in any airdrop is not just bad but the worst thing to ever do by the participants.
Unless airdrop token are listed in exchange and the token you will get is a huge amount.
that i might consider but to have it without assurance or getting a token with small value will not a go for me.

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asder250
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August 31, 2018, 11:10:33 AM
 #962

Know your customer - do you think that an airdrop participant is a customer? I do not think so. I think that they only do it for collecting IDs and then they sell it.

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August 31, 2018, 11:12:13 AM
 #963

Having KYC in any airdrop is not just bad but the worst thing to ever do by the participants.
Unless airdrop token are listed in exchange and the token you will get is a huge amount.
that i might consider but to have it without assurance or getting a token with small value will not a go for me.
Some people don't have the proper documents that are required for the KYC verification, and it becomes a waste of time to do a bounty or invest in something.

 
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August 31, 2018, 11:13:07 AM
 #964

Never ever.
Do you really want to sell your data for 5$ ?
Now, when personal data protection is more important than ever before?

Don´t be so greedy, your privacy is much more important.
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August 31, 2018, 11:14:32 AM
 #965

Having KYC in any airdrop is not just bad but the worst thing to ever do by the participants.
Unless airdrop token are listed in exchange and the token you will get is a huge amount.
that i might consider but to have it without assurance or getting a token with small value will not a go for me.
You are right, in most cases, the passage of the procedure KYC - does not make any sense, because you get coins, with very low cost, or at all your data will simply be collected for further use. But personally I once passed KYC for airdrop, it was Polymath, and I successfully received my tokens, which had a good value.


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August 31, 2018, 11:17:34 AM
 #966

All right, Kyc is not a necessary detail of any kind of generosity, but the passage is usually announced after the ICO and go nowhere!
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August 31, 2018, 11:21:24 AM
 #967

I in general have a very negative attitude to all kinds of airdrops because I consider them a fraud. But if you still want to get your documents, then they want to deceive you, it's 100 percent.
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August 31, 2018, 12:04:14 PM
 #968

It seems to me that few people now like KYC. But no one pulls us through, you can just ignore such company bounties and airdrops.

KYC is only good for the legitimate projects and it proves that developers are serious in their platform, this is the reason why some of the projects are successful and gaining more investors in the market.

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August 31, 2018, 12:49:06 PM
 #969

Unfortunately, the trend of this procedure is growing stronger and more. Increasingly, I am faced with projects that require proof of identity. And the saddest thing is that in the end, when all the work is done and you are waiting for your payment. And it really upsets me

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OpenCryptoSystem
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August 31, 2018, 01:21:36 PM
 #970

I don't like KYC but some projects they need to confirm their customers, so i do KYC. It's good for all of us if their terms are ok from the beginning than who interest they will participate with KYC. I don't join in Airdrop
Its good for all of us Huh
What you smoke to talk this kind of garbage?
If the goverment wants this then why they dont give security that our id-s will be safe and nobody dont use it for criminal actvity?
What is so big deal always to show identety if money is involved, moneyloundring terrorist activity...cmon...its all nonsense! If the kyc then im out of the ico-bullsh..t !
Why we have to make good things always si complicated its headache, why we dont do things stress free!!
Dont cause stress to others dont cause stress to yourself.
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August 31, 2018, 01:45:43 PM
 #971

Its necessary to prevent cheater and scammer take free Airdrop Token from Cheating mutiple account and abuse (Cheaters will dump their tokens as soon as posible after listing exchange). Dont be so worry
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August 31, 2018, 11:04:34 PM
 #972

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.
Basically any project or service may ask you for KYC and it's your own decision to pass it or not. Airdrop is a coin distribution without any particular obligation, so KYC sounds a bit unequal for it.

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August 31, 2018, 11:15:25 PM
 #973

I don't know, the allocation for airdrop is usually very small. It seems that there is no need for KYC, except that the price is so fantastic that it gives you lots of benefits. Remember, there are lots of airdrops that are a scam, you must maintain your identity well, not to be misused by others.
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September 05, 2018, 07:39:34 PM
 #974

Really there is a contradiction, the cryptocurrency thought as an anonymous and cheap payment method and transfers of money. But what can be anonymity if our documents ask to provide us? Huh

of course,I understand everything,but I'm not comfortable with the fact that I have to provide my documents, in my opinion, I have risks.
OpenCryptoSystem
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September 05, 2018, 07:53:57 PM
 #975

Ico creators are not stupid.
They know that kyc will make them lose many people who will join without kyc.
I guess thats what they want then.
Ico creators are the most educated people to be honest.
I guess if they lose people just because kyc issue its fine for them.
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September 05, 2018, 07:55:30 PM
 #976

Yes is bad for me i don't see any reason for a project requesting for Kyc just for airdrop since the called it a giveaway coin so it does not make any sense at all. Kyc us made for token sale participants. The are the one's that need it not a airdrop.
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September 05, 2018, 08:04:12 PM
 #977

That's right, because it is very unsuitable when taking an airdrop we must fill KYC, especially now that airdrop is a lot of fraud, it could be that one day our personal data can be used for negative things.
OpenCryptoSystem
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September 05, 2018, 08:04:25 PM
 #978

So ico-s are allmost dead now the question is whats the next trend??
Like hyipe investment was even before ico-s.
We can only imagine what could be after few years trendy stuff to follow:)
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September 05, 2018, 08:16:59 PM
 #979

This is an ingenious idea for stealing identity Smiley. I am sure plenty of people would've submitted to get some free tokens. I am even against doing KYC for ICO. I can always get the token from exchange when it becomes available.
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September 05, 2018, 08:17:57 PM
 #980

for honest people who follow the law this check is not a problem. in the bounty for example, a very necessary thing, because a lot of multiactors. and when they distribute 200k $ it's more profitable to divide them by 300 people than in 2000. At the same time, 1 guy will just go bots 1000 times. I believe that everywhere should enter kyc

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