Do you join ICOs that requires KYC?

[Obolo]

Some icos requesting its members especially bounty bunters to participate in KYC can sometimes be frustrating due to the fact that, your documents would be rejected several times until your documents meet favourably their acceptance. However kyc is a good initiative from the ico as it helps to gain trust on the part of ICOs. Personally, I do not consider KYC before choosing an ico. As long as the ico is a good project, I participate in it irrespective of wether I ned to pass kyc or not. What matters me is, the ico isn't a scam project.

[1714921997]

1714921997

[1714921997]

1714921997

[1714921997]

1714921997

[adarwis]

If indeed their program and development is good although using KYC, I still come along. Because KYC in my opinion, it is normal. Maybe to prevent money laundering and more

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[Name_none]

Yes, why not? Of course they will know how you are and if you will get hacked they can solve the problems and help you to return currencies

[lapofberik]

I do not mind KYC, but unfortunately this system does not stop bot traffic. KYC needs to be finalized and standardized. Then pass it will be easier and faster.

[tonyosa]

Seem to be the norm these days even with the presence of a lot of scams. I only join ICOs with KYC after I have some reasonable evidence  that the team members are not scammers

[whyrqa-1]

Seem to be the norm these days even with the presence of a lot of scams. I only join ICOs with KYC after I have some reasonable evidence  that the team members are not scammers

but how do you trust the team? How to find out scammers or not, If every ico company has new people.but to provide personal information I can, If the project is really promising and I will benefit from it.

[orico]

a. nothing wrong in principal, its probably the future anyway, once more regulation comes into place.
but:
b. If the data was collected for bad intentions such as identity theft, it may take years until one will figure out.

[trantrangg999]

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.

[dollurs]

If the project looks good then I join it even it asks for KYC. But for airdrops - No I will not pass my documents for KYC. As I have seen almost all ( more than 90% ) airdrops are scam today.

[Widgetloxz]

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.

Actually, I think there's a better and hassle-free way around KYC. A project called Menlo.one is launching its token sale this July and it's an ICO marketplace platform where you will only need to submit your IDs once. This is a link to the interview of Menlo's CEO, where everything mentioned above is discussed in detail https://www.youtube.com/watch?v=Rw1QBpBYE6o&feature=youtu.be

[Exforgant]

It is not very pleasant  to provide my personal information to some unknown people, the basic rule of crypto is the identity safeguard. However, many bounty hunters believe that if an ICO demands KYC, then it is legit.

[vinaphonenguvl]

I think that KYC can be a good thing for having some kind of control over ICO projects participants i.e. investors so maybe this requirement is useful and I do join such ICOs if I know that they are reliable.

[Wildskull]

In my opinion KYC not necesary in every bounty program because this is will need extra time for that, and some bounty hunter can not provide KYC procedure because reason of privacy. KYC could be only for investor who purchased the token during ICO. And for me KYC procedure will become complicated because i joined alot of bounty program, this is will be not efisien for my job and i have to spend extra time for that.

[deathland113]

It's normal for now and bring more trust to investors as almost ICO now requested to done KYC before can join token sale. It will avoid future problem for ICO from Government

[hoanglann0990]

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.

[123uxcz888]

Im quite skeptical signing their kyc. So im selecting ICO that deosnt have kyc requirement. However, i encounter a ICO that right after the campaign they require us to sign a Kyc in order to get our tokens. So i had no choice, i have to do the kyc.

[pokerjet]

Today KYC is a legal requirement and has become condition for joining the ICO. From a legal point of view, customers should be known by ICO owners. I have given some ICOs  my ID but i don't give ID to airdrops.

[AndyKete]

I heartily believe that Know Your Customer isn´t a justifiable measure for many cryptos. They don´t own the legal support of financial assets and must not require of that system.

[miracle24]

I join any ICO that is worth it. I believe my kyc documents are safe with the project managers so I do it.