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Author Topic: KYC for Airdrops: A bad precedence  (Read 198083 times)
Flamebellow
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June 10, 2018, 12:48:36 PM
 #501

I don't think airdrops is worth to do KYC . I can understand some people who submit their documents for bounties , because of the high amount they earned  , but airdrops usually worth a few $ , so it is stupid to take risks for it .

aiza2007
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June 10, 2018, 12:53:23 PM
 #502

KYC Personally I don't trust on airdrops and signature campaign  because  not working  Most of them are not needed by the market. They are developing.
Antana
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June 10, 2018, 12:58:36 PM
 #503

That is the main reason of why i am always trying to do not join those airdrops or bounties, that is the main thing that you can easily do to avoid the surprise of giving out your data

weblouartisan
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June 10, 2018, 12:58:59 PM
 #504

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.

Kyc should not be requesting on airdrops because this people are just bounty participants and they will not work but if they will continue to ask kyc on airdrop participants then maybe they will lose their own business someday.

110910ktx
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June 10, 2018, 01:17:17 PM
 #505

KYC could be needed only in bounties to determine if you are a real person, so you can invest. But anybody can create shitcoin and an airdrop for it. So why should i give them my personal info. You should never join an airdrop with KYC. Don't ever exchange your personal information for a silly airdrop that you are not sure if it will have a value in a future or not
Miracleismyidol
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June 10, 2018, 01:17:54 PM
 #506

i think kyc prosedure is a must for filter greedy person, so distribution of the token can be done with fair.
I don't really understand why an airdrop requires you to provide them will your identity while some of them don't even have the team information on their website or ann. I can understand if it's for bounty because the reward is quite a lot. There are many scams airdrop and I dont think their is needed Kyc just to received the free token. Better thinks more before you joined this kind of airdrop
bealjulian
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June 10, 2018, 01:18:10 PM
 #507

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.
Most of us doesn't want to subject with KYC procedure of some airdrops and bounties, but sometimes there are good projects that are worth submitting with. I think we just have to read the project and the websites for us to made the decision if we are going to participate or not. If it's a bounty or investments in ICO, then it would be reasonable if you need KYC. of course, this also viewed from the payment received is also great
terible.hunter
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June 10, 2018, 01:18:25 PM
 #508

Do you think there will be a person who will say that this is good? Believe me, if there is such a person, he will obviously be a developer, because the recipients of airdrops clearly do not want to verify their identity.

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June 10, 2018, 01:22:18 PM
 #509

I think if airdrop asks KYC it is a very unreasonable thing, because airdrop is just a free coin that has a value of only $ 30 .. since a few months ago a lot of airdrop scam and now they ask for our identity
Yes, it takes a little money, so I think it would not be worth the effort to do this, with KYC not for Bounty or airdrop. I think KYC only applies to investors with such large capital will be more reasonable. But actually some Bounty or airdrop still applies KYC to campaign participants.
blue_id69
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June 10, 2018, 06:55:23 PM
 #510

Many people do not like KYC, but it is a solution for crypto to be recognized by the world. Then KYC could be needed only in bounties to determine if you are a real person, so you can invest. But anybody can create shitcoin and an airdrop for it. So why should i give them my personal info. I prefer to stay anonymous in the net. So don't promote this trend. Just don't participate.
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June 11, 2018, 06:42:24 PM
 #511

It'a joke. People are coming to crypto to protect their personal data and send their docs to everyone every day to get some scam tokens. 
asdn192zhhhh
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June 13, 2018, 02:04:52 AM
 #512

I also believe that kyc is not needed. We survive without it before. So why using it now. I don't think it's for security purpose. It's an added burden to us. We have so many tasks in our daily life so why adding more if we can survive without it.
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June 13, 2018, 01:12:05 PM
 #513

I participate in one airdrop like that and got the information that I must submit my KYC details before I can receive my rewards.. Where as, the token is just peanut..
MikeM33
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June 13, 2018, 01:14:00 PM
 #514

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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June 13, 2018, 01:16:59 PM
 #515

It's a cheap way for companies to gather data from their users. You give up your personal information in exchange for cheap or worthless tokens and you do this at free will. In our opinion most Airdrops and Bounties should be avoided in general, but those which require KYC definitely should be skipped. Your personal information is worth a lot more than that !
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June 13, 2018, 01:23:47 PM
 #516

This is indeed a bad precedence, I definitely going to say no to this, and everybody should say no to this kyc thing, but still people falls into this for a pennies, they are going to regret this later, anyway some people are cheating and submit other people's documents or they create a bogus ID.

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ECEX
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June 13, 2018, 02:08:51 PM
 #517

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popey
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June 13, 2018, 02:10:06 PM
 #518

KYC in bounty campaigns, I can still understand, but in the airdrops this is too much. It is better not to take part in such projects.
danbitcoin1
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June 13, 2018, 02:42:43 PM
 #519

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.

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kissme09
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June 13, 2018, 02:46:39 PM
 #520

KYC for the Airdrop campaign is unreasonable. Sometimes there are many scam projects and they can steal people's information for bad intentions

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