KYC for Airdrops: A bad precedence

[Tefenyt]

KYC for airdrop is both great and awful. The good thing is that this will decrease the quantity of tricksters and the utilization of multi accounts. The awful thing is that we trust our information to outsiders and don't enlist how these information will be ensured. Hence, it is difficult to judge here unequivocally, however I'm still more slanted to surmise this is awful.

[Coinworld98]

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.

People should never have allowed KYC into cryptocurrency at all. Now, almost every ICO is requiring it and not just airdrops.

[martinpppp38]

I find KYC really risky about AD. With our identity documents, people can do whatever they want.

It's a fact that many AD are just scams, I don't mind giving a tweeter or facebook account dedicated to it, but my real identity is out of the question (even if sometimes it's a serious project, since I can't be sure I'd rather not do it at all)

[WiiD]

I believe that the KYC should pass all as an investor and bounties. If people create a good product and want to make themselves known seriously and for a long time.

[Antiplus999]

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.

[iram1011]

With so many regulations over ICO, KYC has become important for ICO. With US and China banning ICO, companies need KYC. Now it has come to bounties and airdrops as well. You are right that people have come to cryptos because of the anonymity feature they offer in financial landscape which is pretty rare and now these KYC are taking it away. But I believe if the bounty manager has already mentioned it beforehand, then it is pretty much acceptable. But a sudden announcement near the end of bounty is wrong.

[TheWalkingCoin]

Only for airdrop and giving your identity by upload KYC system is bulshit and you have spend your time, look at how many airdrop was success before never ask for KYC upload and just fill the form and they ahve sent us many token, but why now you have trust airdrop needed your KYC ?

[goku19]

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.

You got it spot on brother..yes we came to the crypto world and one of the advantages of crypto was being anonymous and asking kyc for some 10-20USD or even less than that is totally rediculous..i think we should stop participating in such airdrops or bounties...

[johnleo]

Leave them alone. If KYC is mandatory for airdrop, I think the developer don't understand what is crypto about. Even for some bounty I didn't claim my reward if they want KYC. I remembered nucleos bounty, after hard work to promote them, I didn't claim my rewards.

[milah_ah]

The choice is yours. I do not consider this a good idea. Not for the airdrop. I will not participate in this.

[Kawasakigp]

Japan and other technically developed countries now demand kyc from the investors and traders, I think in the nearest future this will be also applicable for airdroppers

[cryptonomicon25]

I used to do many airdrops and bounties, now I've stopped since so many require KYC these days. Even worse, I can't even claim tokens I've rightfully earned because they now require KYC to claim and I refuse to provide this information just for some potentially worthless tokens. Of course, there was no mention of this KYC requirement when I was signing up for the airdrop and performing tasks, so they essentially scammed me out of free labor.

Everyone in crypto should be appalled to provide such identifying information to unknown entities for almost nothing in return, but that doesn't seem to stop many here greedy for a few bucks. I guess it will take getting their identity stolen by some scammer for these people to wake up.

[Guli]

People want to remain unknown in this community for security reasons. And here you come expecting me to reveal myself before I can buy you tokens or before you can give me some few tokens. I do agree that it is sometimes part of the legal requirements of the countries in which the project is operating, but the truth is that, KYC puts investors away.

[Omela44]

For a worthless airdrop, i wouldn't give up my data. I only participate in airdrops where i don't have to do kyc.

[Guxidem]

It is an awful thought when you are giving your imperative accreditations just as a byproduct of a little measure of airdrop tokens. Better on the off chance that you have a phony archives it would be better however its not fitting by any means. It is totally better on the off chance that you didn't take a stab at presenting this archives, we know about it, however imagine a scenario where their primary framework has been broken.

[Phan Trang]

KYC for anything in crypto market is wrong. Let it be for airdrops or exchanges. There is no guarantee that once you upload your personal documents to the airdropping coin that they are going to use it for the right purposes. Not to mention the fact that if they get hacked your personal documents will be in the hand of hackers and scammers.

[Phan Trang]

Yep, i just choose to do not join them because it is a bad thing to do, it is much more better to join other airdrops that are not asking for KYC or any other Bs of that..

[Triss Merigold]

In many good companies to participate simple members, you need to pass KYC, even to buy at 1 ETH and more, you need to pass KYC. Refusal from this limits our choice. I do not like this either, but there is no choice.

[RGMan]

This is absolutely not necessary! Why limit the holders of coins with passport data? Fighting fakes? Also very controversial. Those who own bot farms, have long considered the KYC a problem. Rather, they simply cut out ordinary users.

[Egenen]

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.

If you think that there is people that actually enjoy doing KYC verification then you might be living under rock.