pdutta
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August 02, 2018, 09:52:44 PM |
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KYC means knowing your customer. I join ICO that requires KYC, if the project of the ICO is promising and genuine which could give me a good return in future. I always read whitepaper and checking roadmap of the project before joining in any bounty. If there is requirement of KYC. It's no problem to give my KYC.
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bitivan
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August 02, 2018, 11:07:21 PM |
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I guess today you don't have any other choice if you want to particiapte in ico. Because almost every project requires it now.
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Greathic1
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August 02, 2018, 11:08:57 PM |
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I don't see anything suspicious in it. ICO is required to protect the law of numerous countries. Also, if you join a trusted ICO - nothing will happen with your documents for sure.
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linyhan
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Early Funders Registration: monartis.com
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August 03, 2018, 10:55:02 AM |
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I don't experience yet in participating for the ICO that requires KYC many says is waisting of time. If any project are promising have potential to run, why should have to go on that procedure it is useless. It is my opinion don't be bother.
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RobotNIK
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ADAB Solutions First crypto exchange Islamic Cryp
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August 03, 2018, 10:59:23 AM |
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Unfortunately, some companies announce the passage of KYC in the end, so to get your reward you have to do it!
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ADAB Solutions
First crypto exchange Islamic Crypto Exchange
http://www.adabsolutions.com |
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ULTIMOS_
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August 03, 2018, 11:18:33 AM |
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Due to regulation in many countries in regards to Anti Money Laundering, a KYC process is mandatory for many ICOs, else they may run into issues of non-compliance. The KYC process need to be performed before anyone is allowed to invest so those from prohibited or sanction countries will be excluded from participation. The same should be apply for bounty participants since they amount of stake they receive can be high, but it's debatable for airdrop participant whether KYC is needed.
I believe the issue is not so much on the KYC given technology has improved to make e-KYC rather seamless, but more on data protection from the personal information collected, especially passport or ID doc images.
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kris679
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August 03, 2018, 11:18:54 AM |
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I believe that this check is not so terrible, but on the contrary it is good because it can take a lot of fake people and of course we honest bounty hunters will earn a lot more money!
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strunberg
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August 03, 2018, 11:25:32 AM |
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KYC is certainly not a very pleasant procedure for many participants, but if the project is actually very good and promising, you can not be afraid to undergo this procedure. Our data so in all possible organizations - such is life
it just used to if there are any restriction for ico project from base of developer.and to prevent unpredict regulation for goverment.personally i am not afraid with this condition. |
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Jiwptw
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August 03, 2018, 11:41:05 AM |
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I do not want to give my data to anyone , I try not to participate in such projects .
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RistirP
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August 03, 2018, 11:50:36 AM |
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I do not see anything wrong with KYC. Yes, this is personal information, but a reliable project appreciates the protection of data!
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frekans07
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Activity: 280
Merit: 10
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August 03, 2018, 12:06:37 PM |
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yes most airdrops and icos require kyc but I need to find the ones that are not scam I gave one of the airdrops I joined in the last time i got my credentials and then I learned that it is scam.
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Kat_messy
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Activity: 266
Merit: 10
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August 03, 2018, 02:15:24 PM |
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Time ago I prefer to avoid such projects, because of the complexity of participation, but now I realize they usually give a good profit sooner or later.
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Dancing_Lion
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Activity: 308
Merit: 10
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August 03, 2018, 05:05:09 PM |
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I think that it is worth to participate in such projects as it guarantees the quality of the project. Tokens are not distributed to everyone, which in my opinion is very correct
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sjbi
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www.thegeomadao.com
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August 03, 2018, 05:11:23 PM |
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Kyc is good thing for regulating cryptocurrency. But investors often want to avoid lengthy and complicated process to join new ICOs. So they do not prefer filling out KYC before involving in any ICO. In my case I have not fill up KYC to join a ICO.
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memFISTO
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August 03, 2018, 05:13:20 PM |
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I have concerns about this, but I support this initiative and think that it is worth taking part in such projects. This will guarantee that the project is really high quality
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nduvan
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Activity: 169
Merit: 10
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August 03, 2018, 05:16:46 PM |
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If the ICO is good and has the potential to succeed then I will participate in it, no matter if the ICO is in need of KYC. But if the ICO is not clear then I will not participate
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2fresh
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August 03, 2018, 05:18:25 PM |
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If the ICO is good and has the potential to succeed then I will participate in it, no matter if the ICO is in need of KYC. But if the ICO is not clear then I will not participate
If you think an ico is good you participate and if an ico isn't good you won't participate. That's a no brainer, what does KYC have to do with that. |
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Mikado$
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August 03, 2018, 05:25:08 PM |
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If the project requires, I will not refuse to complete the KYC. However, some recent airdrop projects also have AML / KYC requirements. These are things that need to be limited.
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setifien19
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August 03, 2018, 05:27:46 PM |
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Yes, I do participate in such ICOs ( as well as in those don't require KYC ) because they give the impression that they are serious & pretend to continue to work with the project in issue.
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Dheo
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August 03, 2018, 05:29:01 PM |
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If the ICO is good and has the potential to succeed then I will participate in it, no matter if the ICO is in need of KYC. But if the ICO is not clear then I will not participate
If you think an ico is good you participate and if an ico isn't good you won't participate. That's a no brainer, what does KYC have to do with that. We need to wise now because of many scam. We need to be careful especially that kyc revealed our identity so make sure that you joined is real ico. For me it's ok to join on bounty that need KYC but for those trusted manager only. |
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