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Author Topic: Do you join ICOs that requires KYC?  (Read 4556 times)
minatour
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June 02, 2018, 06:33:28 PM
 #441

if ico is very safe and can be trusted then it does not matter if we do KYC but if airdrop ask for KYC I really don't believe it and avoid it because for me KYC for airdrop is just a scam trying to get our information, I am afraid my identity is used for thing not true

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Krabat
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June 02, 2018, 06:33:56 PM
 #442

I try to avoid those projects that necessarily force the passage of the KYC. It seems to me that this is not what I need.   I do not really want to reveal my identity to someone I do not know.
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June 02, 2018, 06:38:11 PM
 #443

Yes I do join ICO's that require KYC but I usually get a notification that they need a KYC once the ICO is done and not from when I joined the bounty. And it is actually okay for me because it is just a form of verification that you are a citizen of whatever country you are from, but sometimes I don't think they need such verification including your very personal info.
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June 02, 2018, 07:54:17 PM
 #444

Very fortunate, I have never followed ICO which provides the requirements for the use of KYC. I prefer to follow ICO without using KYC terms, because for me KYC is a system that is quite troublesome to its participants, and KYC is also considered not to use principles such as crypto whose username is anonymous, because, with KYC, ICO has requested our original identity data, it is one of the most vulnerable things to the security and confidentiality of our identity data.

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June 02, 2018, 07:56:25 PM
 #445

Well, if it's a good project, then of course I join the ico with KYC , and I see nothing wrong with it (
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June 02, 2018, 08:00:06 PM
 #446

KYC for ICO I think it's okay, it shows the seriousness of management, but sometimes there are some ICOs who take advantage of the situation. So, for that must explore the ICO information, so as not too chaotic and regret in the future.
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June 02, 2018, 08:18:39 PM
 #447

I believe that you do not need to consider KYC a good guarantee for ICO. The best thing for the project is white paper and the team

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June 02, 2018, 10:52:26 PM
 #448

I'm not against KYC to join the ICO, but i never gave my data for airdrops and i gave my identity data for some signature campaigns. If the campaign is initially reporting KYC, i be glad.

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AltcoinAuthority
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June 02, 2018, 11:00:53 PM
 #449

I'm not against KYC to join the ICO, but i never gave my data for airdrops and i gave my identity data for some signature campaigns. If the campaign is initially reporting KYC, i be glad.
I am against the usage of KYC in the campaigns and the ICO. The reason being is that the coins that we use for crypto should be left as anonymous.

 
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June 02, 2018, 11:10:05 PM
 #450

I'm not against KYC to join the ICO, but i never gave my data for airdrops and i gave my identity data for some signature campaigns. If the campaign is initially reporting KYC, i be glad.

I am totally against KYC. I see no reason for it. It will make no difference in my opinion.
I don't like the idea to give my personal details to companies that may not be safe.

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ogini
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June 02, 2018, 11:23:27 PM
 #451

I don't see anything wrong with such campaign, if only you have what the company or bounty needs than you are good to participate in such bounty campaign.
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June 02, 2018, 11:27:20 PM
 #452

Though it is annoyed to pass KYC for bounty reward or joining in ICO,I can pass this via passport and ID card.For passing KYC,you have passport or ID card or driving license.By using one of them,you can pass KYC.

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June 02, 2018, 11:27:52 PM
 #453

While investing in crypto coins, I think that our identity should remain anonymous. So I do not invest in ICOS that require KYC. It does not give me confidence.
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June 02, 2018, 11:32:18 PM
 #454

I probably will not join those ico ever who have KYC requirement due to identity theft. I would probably wait for them to launch on exchange to see their performance and then will do something.
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June 02, 2018, 11:45:57 PM
 #455

I know why every ICO requires KYC. Because there are several projects that do ICO that prohibits some countries to participate in it. Therefore they are looking for KYC for a condition that does not violate the prohibited project policy of a country to participate in the ico.

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June 02, 2018, 11:46:52 PM
 #456

KYC for the participants of the ICO generosity campaign is nonsense and stupidity, as well as illegal action on the part of the ICO team. We are not investors and therefore can not pass such a verification, it is illegal. This check is carried out to prevent the laundering of dirty money, and we do not invest in the ICO project. Sometimes it is also said that the US has banned its citizens from participating in ICO companies, and therefore this check is carried out to fulfill the requirements of this country. However, this prohibition is established in order to prevent the participation of citizens in risky investments in ICO projects, that is, this prohibition should again apply only to investors.
I never participate in those ICO projects where the KYC is not excluded.
I havee the same point with you. Money laudering only consider to the investor but not hunter.
Hunter is accepting small amount of payment but why we should do Kyc? Its not reflecting that crypto world is anonymous. But today, tomorrow and the future this anonymous become loss and more and more ico need kyc.
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June 02, 2018, 11:49:16 PM
 #457

I think ICOs that require KYC usually want to comply with the rules and regulations of the countries in which they are operating. But to me, i think many investors always want to remain unknown and this sometimes affects the number of investors of those ICOs that require KYC. I for instance would like doing KYC when taking part in an ICO. Sometimes they even reject your KYC.

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June 03, 2018, 03:12:04 AM
 #458

The demand from the participants of the ICO generosity campaign from his team to pass the KYC check is illegal. Such a verification is carried out only with respect to investors and mainly with a view to preventing the laundering of dirty money. We do not invest in these projects and therefore should not undergo such verification. In this regard, I never join the signature campaign of the ICO, if, in the conditions of accession, even the possibility of conducting a KYC check is indicated.

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June 05, 2018, 03:29:01 AM
 #459

the demand for KYC should be mentioned in the rules at the beginning of the program so it becomes fair to us and it does not matter if I join ICO that there is a request to do KYC as long as ICO has a good, successful and trustworthy project
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June 05, 2018, 08:51:43 AM
 #460

The fact is now almost no ico which don't ask kyc. So if you want to invest in ico you have to pass kyc. The few ico which don't ask kyc can have problems with legal regulations in future and as result of this their coins price could become zero. It is to risky to invest in such projects.

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