Do you join ICOs that requires KYC?

[Tylev]

I am a categorical opponent of the KYC verification against the members of the ICO generosity campaign and I believe that such verification is illegal against them. If someone here believes that it's fine to give their identification data and copies of their passports to strangers who are from 30 to 80 percent of the cases themselves are potential fraudsters, then I do not think so at least because such a test is applied to investors, who invest their money in ICO projects. We, as participants in the signature campaign, do not invest in the ICO project and therefore in relation to us such verification should not be conducted. While it is used in most cases at the end of the ICO campaign, in order to pass such a check for those who refused for various reasons to not pay the tokens they earned. If I see the possibility of passing such a check in the companies of generosity ICO, I go out and do not even care about the terms of its joining.

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[tnekramor]

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?

There are so many available ICO's not asking for KYC then why bothered of KYC required ICO's. I am not supporting projects asking for ICO because of personal data security reasons. Another thing is that it will also a way not to receive your token as simply telling you failed the KYC. So better stay away .

[sensimilia]

It depends on the project itself. If I see that they have a promising idea and clear goals for the future then I want to be a part of such ICO project and I do not mind verifying my identity if needed.

[robelneo]

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 don't join such bounty program or airdrop, it's to risky and not worth from a few cents that you are going to get, once they got your information you'll never know when it will end, they might sell it many time to a third party the rewards is not worth compare to the risk.

[eucliffe]

I've joined several ICO that requires KYC, I guess about two or three, to be honest I don't have much problem about it but I always check it and verify if the project is legitimate, yeah I know its a bit hassle but for me as long as they pay me its all good, I think the only people who have problem in KYC of a good ICO is the people who are farming in Signature Campaign, other than that I guess its personal or security reason.

[InflamesAndrei]

I'm usually opposed to that require personal information. But since they can not verify the authenticity, and completely throw off all the data is not necessary. It is possible to cover up all information which they can use to harm.

[Phaphoo]

It's not really necessary to join airdrops that require KYC because it's waste of time, most of them are scam which they will be requesting for your private key, and most newbies fall victim of it.
Requiring for KYC isn't appropriate because those personal information can be use for illegal activities.

[Memenya]

Obviously, coin distribution will be wide and more serious investors can get in. Still have not forgotten about BAT ICO, in 4 seconds everything was sold to few whales. KYC and whitelisting eliminates this possibility.

Kyc has some different meaning from investor side and also project side. From investors side, There are many investors dont like kyc but also many that support kyc. For me, as long Kyc for investors only which will prevent the money laudering, then it will be fine. But i dont agree kyc for bounty hunter.

[Step NOY]

It's not a good idea to give personal information to strangers. But as a matter of fact. where to go if they announce it at the end of the ICO. And you have nowhere to go, you have to go through KYC not to be left without money.

[jackmoon]

The emergence of KYC can avoid the purchase of some coins by a few people, which is very meaningful for ensuring the relative fairness of investment.

[CryptoVal13]

Much depends on banking relations maintainance)when I invested in Localcoinswap,they told they  perform KYC on all fiat purchases made through their bank account. The great thing about this project is the platform itself,  LCS does not transact any fiat currency. LocalCoinSwap simply acts as an escrow service for people to trade directly with each other. So the platform itself does not need to perform any KYC on any of its users as it is not acting as a "money exchange service" as defined in many jurisdictions.

[silver23]

Yeah, why not

KYC is not problem for me.
Because i just have a single account.
And when the bounty is used KYC i think is great for us to destroy a multy account.

Why we must reject bounty KYC.

[miyat23]

I don't like to join ICO that requires KYC especially on bounty because I got disappointed on it. I joined one and reject my KYC application. They ask this after the ICO my effort came useless and I didn't received my token. And in the mere fact, it is not a good idea to give personal information to someone you didn't know.

[francojon]

KYC is a big deterrent for me to participate in an ICO. It is not impossible that I will join it, but I have to have a huge assurance about who will be handling my data.

[Wasaisisi]

If a bounty that I think promises and has a good future, I will follow it even if it needs a KYC. Because making a KYC for a bounty does not wrong in my opinion.

[VoDanh1122]

KYC in ico is fine as long as that was a promising ico. but I tend to choose the ICOs I invest in very carefully, so I have a certain level of trust at least in those running the show.

[1hgfd030]

Yes, I have done so but very carefully.  It's really worth if you are choosing best ico. Never try to invest in those icos that was running by unknown person.

[Name: Claudio]

I do not like kyc in ico, because i've been disappointed with some ic that require kyc. The data I have given is never accepted by the organizers, even though the data is genuine have my own.
Sometimes they also ask for copies of utility bills or water on our behalf, but what if we rent a house or apartment and certainly his bill is not our name.
They also sometimes do not accept the id cards of some countries and only accept passports. This is a problem for me and maybe for other investors.

Most if the time if an ICO required KYC I let it go, what for? They are choosy on everything you submitted, and yes what about if we are only renting place?? Do I need to have my own house and get my own utility bill on my name for me to participate? Hell no!! Take your token with you.
It like your mocking everyone who doesn't have there own house!

[Wearegoodfrends]

Yes, Although I don't like to send documents to third parties. Unfortunately, now almost every good ICO requires passing KYC

[filipeandre]

what the problems with KYC? A decent ICO needs to protect themselves against potential regulations and regulators. IF they dont require a KYC I think it's shady and a sign they just let everyone enter.