Do you join ICOs that requires KYC?

[mariayaz]

I only look for good project and idea behind the ICO and i guess its more important to look at its potential rather than seeing if it requires KYC or not

[1714130939]

1714130939

[1714130939]

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[KuyaBreezy]

KYC  gives one an opportunity to know the people they are dealing with better, its actually a trust creation move that encourages transparency among the ICO participants, if the ICO is worth it then i wouldn't mind giving the information

[tobatz23]

The last time I joined ICO requires KYC, not only for investors but also for bounty participants, for me it's okay as a bounty hunter, the purposed of KYC that some ICO requires is to remove multi account bounty hunters just to get big rewards at the end of the campaign & spammers.

[Crypto_Day_day]

Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.

I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.

I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?

kyc is a way for ICO's projects to monitor the crowd sale in terms of who is buying their tokens. that there is no money laundering or any other criminal activity.

[visiblehand]

A better question might be whether you join ICOs that that do NOT require KYC.  If they don't, in many cases that could be an indication that they're relying on decentralization to offer a product or service in areas where it is illegal.  While governments can't completely shut down a decentralized offering, if they're operating illegally, it's going to make things very tough for success.

[drogas]

Depends how far the KYC goes.

If they require a scanned ID and all that, I'll pass.

[boss82_big]

This question is very embarrassing to me, since I do not really want to give someone their personal information, but I entered some very good projects and asked to send documents there, but with that you need to be very attentive

[Rhaizan]

No. I never participate in campaign that have KYC, because i don't want to give my personal identity in any one, i think wallet address is enough to get my token where ever i join.

[cryptonoob312]

I don't join such ICOs. In it's core crypto currency is about anonymity so giving my personal data to someone who can result being a scam is not what I'm gonna do.

[crimsongoth]

KYC (Know Your Customer) and AML (Anti-Money Laundering) are a test that ICO projects that want to establish a legal entity and become a company have to pass. It is very likely that projects that don't meet these conditions from the beginning or afterwards will face major problems on the legal level. It is therefore a necessary process.

[zenrol28]

Yes I'd join an ICO with KYC. These ICOs just comply with their countries rules and regulations. But for airdrops, No, it's too risky to give my identity for a free coin that you don't know if it will be successful in the future.

[Jarx]

I do but only after I've checked, literally scanned the whole information about the project and the people who are working at it.

[pharaon]

KYC (Know Your Customer) and AML (Anti-Money Laundering) are a test that ICO projects that want to establish a legal entity and become a company have to pass. It is very likely that projects that don't meet these conditions from the beginning or afterwards will face major problems on the legal level. It is therefore a necessary process.

Correctly, all investors look at it in different ways, someone understands this, and provides its data, understanding the seriousness of the project, someone on the contrary - is not going to do it. Personally, I think, in the future, every serious project will require the passage of KYC.

[DdmrDdmr]

Yes, most of the ones I joined do require KYC. This shouldn't be too much of a hassle if managed properly, plus it’s potentially good for the ICO since it gives it a legal backing.

Desirably, we should be able to upload this info just once on a reliable KYC verifier and have this verifier provide KYC clearance to multiple ICOs, thus reducing our need to upload our personal data so often and making our personal data safer in the broadview.

[MartoValenti]

For my KYC is something that guarantee (at least a little), that the ICO is legit and that everything is going to be ok with it and there will be no scams. The problem for me is that you are sending them information regarding you, but ... you cannot be completely sure in them. I would love to see CIVIC project in action for KYC identification. I think this will be a game changer and every ICO will start to ask KYC.

[airdrophunter]

KYC as implemented by some crypto exchanges and ICOs are somewhat giving headache to others specially when they won't qualify for the KYC requirements. On the good side of it, it prevents people from their shady activities since their personality are already exposed via KYC. But my only concern is that, do these people really send their true documents or IDs? Because some of these people are also skeptical about KYC that it might be used as way of identity theft.

[BeruchN]

I stopped joining most, unless I can definitely tell their legit and I support their message.

I value my privacy and would rather not give them super detailed information.

[creeps]

Yep, I’m willing to fill up those forms as long its reasonable and the project attracts my money so much. Better to be careful on giving such information because a lot of scammers and greedy people around cryptomarket. KYC is good for the security of every investors if its used in a good way.

[Gelesko]

Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.

I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.

I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?

I haven't yet joined any of those bounties or airdrops, that require KYC. But I don't see anything wrong with it, just to prove your personal information and I don't think in any way scammers can use it against you! To be honest I seen only one bounty, that required KYC and I didn't join, not because of that, but for other reason! In airdrops I don't really participate much, if it would have required KYC, I would definitely skip it!

[soliton]

My personality is ahead of everything and I wouldn't trade my personal  data for anything. I mean, ICOs that requires KYC are not for me, obviously.