Bitcoin Forum
May 25, 2024, 06:04:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 »
  Print  
Author Topic: KYC for Airdrops: A bad precedence  (Read 198083 times)
hdclover
Hero Member
*****
Offline Offline

Activity: 1106
Merit: 501


www.bitcoin.org


View Profile
May 11, 2018, 07:06:01 PM
 #341

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.
But the problem here is alot of bounty hunters or airdrop participants are looking to cheat the system. So KYC is a small measures to avoid this problem. Else the legit money will get into the fraud participants which actually is unfair to the honest users.

Blah blah
bookistheworld123
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
May 12, 2018, 04:16:58 AM
 #342

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!
chandrarahmadewa
Member
**
Offline Offline

Activity: 308
Merit: 49


View Profile
May 12, 2018, 04:27:39 AM
 #343

This is terrible news. KYC is a bad influence for investment and for rewards for the bounty program. Now it is included even for airdrops. What's next? Will you force to pass it when you need to turn on the computer?
Yes, I agree with you buddy, I 100% reject the rules of KYC, do we all ever think if our personal data fall into the fraudsters? this will be very troublesome and become a new problem in our life
dangphananh
Newbie
*
Offline Offline

Activity: 184
Merit: 0


View Profile WWW
May 12, 2018, 07:37:31 AM
 #344

I hate kyc, it annoys me, and my personal information can be stolen without anyone's security.
bigdude
Hero Member
*****
Offline Offline

Activity: 896
Merit: 500


Dolphins Finance TRUSTED FINANCE


View Profile
May 12, 2018, 02:16:32 PM
 #345

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.
Never join strange airdrop. what the fuck they need KYC? they only need your personal info and through to your wallet some rubbish coin which have 0 value. But you know your data worth more than everything you can images. stay away with airdrop

george_hured
Full Member
***
Offline Offline

Activity: 644
Merit: 101



View Profile
May 12, 2018, 02:31:03 PM
 #346

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
delltop
Member
**
Offline Offline

Activity: 144
Merit: 10

Global Risk Exchange - gref.io


View Profile
May 13, 2018, 07:57:37 PM
 #347

Lol first KYC in bounty campaigns, now in the Ardrops. This is not right, there should be some kind of confidentiality. And in general, why would anyone know the identity of a person, that would give him a couple of coins?

▐▐ █     GRE   ≣   GLOBAL RISK EXCHANGE     █ ▌▌
━━  ((     Whitepaper     |     ANN Thread     ))  ━━
Telegram     Medium     Facebook     Twitter     Github
oluwatuyideborah
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
May 13, 2018, 10:14:34 PM
 #348

Why would I do kyc for airdrop? How much is the airdrop worth?. I would do for bounty and it depends on the project itself but kyc for airdrop is NO for me.
evichi
Jr. Member
*
Offline Offline

Activity: 1204
Merit: 7


View Profile
May 13, 2018, 10:19:50 PM
 #349

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.

▬▬▬▬[ CHAIN JOES || THE FUTURE OF WEB3 GAMING  ]▬▬▬▬▬
CHAINJOES.COM
blue_nexus15
Member
**
Offline Offline

Activity: 532
Merit: 10

█ J A X N E T W O R K █


View Profile
May 13, 2018, 10:22:25 PM
 #350

KYC for airdrop programs is a way to limit cheaters who want to win a lot of prizes, so I think that is very necessary. There should be fairness for everyone and KYC is a good way to do it.

Nitroali
Copper Member
Jr. Member
*
Offline Offline

Activity: 322
Merit: 1

#41 Haga


View Profile WWW
May 13, 2018, 10:31:15 PM
 #351

I hope Airdrop remains without KYC.
A solution couuld be to found a service that is used for KYC so user input only verification code and document are sent only to a trusted verification organisation

😁
Zach707
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
May 13, 2018, 10:37:32 PM
 #352

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 would agree to do KYC if i were an investor because it is for the project's team member to know where their investors live because some of the ICO have restriction of who can invest in their project but asking KYC for airdrops that cost pennies i think it is a joke. By the way, don't join that airdrop, it is just a waste of time.
mihtju
Full Member
***
Offline Offline

Activity: 532
Merit: 100



View Profile
May 13, 2018, 11:45:25 PM
 #353

I do not think that the provision of their personal data is a prerequisite for participation in the bounty or airdrop companies. Me personally, these innovations do not like them.

mybtcasset
Newbie
*
Offline Offline

Activity: 238
Merit: 0


View Profile
May 14, 2018, 07:51:05 PM
 #354

i too dont agreee Kyc for air drops any more we cant relay the airdrop and submitting kyc may lead to data theft nt a good idea of providing kyc
BountyLord
Member
**
Offline Offline

Activity: 314
Merit: 10


View Profile
May 14, 2018, 07:54:55 PM
 #355

It is not good idea to provide your documents to untrusted projects. I think that some airdrops could be organised to get copies of IDs only. It have value for black market.
rackam
Member
**
Offline Offline

Activity: 163
Merit: 10

The revolutionary trading ecosystem


View Profile WWW
May 14, 2018, 07:55:36 PM
 #356

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.
Of course it is bad, many people are now leaving airdrops due this, who wants to sell his ID for few bucks?

trannguyen.22021999
Newbie
*
Offline Offline

Activity: 26
Merit: 0


View Profile
May 15, 2018, 05:11:10 PM
 #357

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.
Avesatani
Newbie
*
Offline Offline

Activity: 76
Merit: 0


View Profile WWW
May 15, 2018, 05:11:31 PM
 #358

Now it's like a plague. I see many airdrops that require KYC.
Every second pinned message in Telegram groups is 'please submit KYC for bounty/airdrop to
be qualified for token distribution'.
Well I don't know, I do understand that it's a mandatory for investors, but for community
that spreads a word about the project ? No thanks, I'll skip as i don't want to trade my documents for a few cents.
laracrofth
Full Member
***
Offline Offline

Activity: 374
Merit: 100


DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO


View Profile
May 15, 2018, 05:13:05 PM
 #359

I always feel insecure when I have to provide my KYC. You never know how your personal data will be used in the future, so I do not think that airdrops worth it.

velar12
Newbie
*
Offline Offline

Activity: 27
Merit: 0


View Profile
May 15, 2018, 05:14:19 PM
 #360

But nobody forces you to participate in airdrops, so forget about them. The homeless give a greater grace than airdrop pays its participants.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!