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Author Topic: Do you join ICOs that requires KYC?  (Read 4513 times)
kayakcrypto9875
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July 02, 2018, 08:06:22 PM
 #821

I have no problem with KYC. I know some ICOs want KYC for their security reasons but there are some scam ICO that need KYC. I dont trust them they might use your personal information on other things without your permission. So be safe. Investigate well before participating such ICO.
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crypto_nd
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July 02, 2018, 08:33:01 PM
 #822

it definitely depend on the requirement of the KYC, if it require i sent government issued identification, then i am out.

but if not then i am in.     
rehydrogenated
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July 02, 2018, 08:39:26 PM
 #823

Jeez, looking at all the ICOs that required KYC just a year ago (or less) and are now dead is scary. I worry for the people who gave their info to scams or even legit projects that were staffed by programmers, not people intimately familiar with document security or even network security. Hackers got access to tons of those records or they were just outright sold to the highest bidders. A lot of the people who signed up for the ICOs were very well off as well, so they are now the targets of all kinds of hacks and scams. If you signed up for an ICO with KYC in the past, I hope that you watch your credit report carefully!
RonaldTerry000
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July 02, 2018, 08:43:25 PM
 #824


Yes, as long as I researched enough to a certain ICO.
Moolah.lol
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July 02, 2018, 08:59:32 PM
 #825

It depends on how profitable this or that ICO seems to me. I am not afraid to provide personal data if guarantees of their correct use are given. That's all.
BlueBobbins1
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July 02, 2018, 09:02:37 PM
 #826

I think that verification is very important, as a lot of scammers can not cheat and money will remain for normal people who work very hard for this award! Therefore I think it's worth participating in where there is verification!
OmarGsPools
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July 02, 2018, 09:08:28 PM
 #827

Of course i agree with some ICOs that require KYC. If ICO is a big profit potential and a project that i trust, i give my personal ID information, unfortunately there is no other way to participate as far as i know.

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mynamehere
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July 02, 2018, 09:09:37 PM
 #828

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?
as i am no expert, i do jot se anything had in it an d i doubt that there is actuallt somethibg harmful tat this requirements
mynamehere
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July 02, 2018, 09:11:43 PM
 #829

Of course i agree with some ICOs that require KYC. If ICO is a big profit potential and a project that i trust, i give my personal ID information, unfortunately there is no other way to participate as far as i know.
i thi k thatbif tunare sure in yur project and if you have checked it several times, there is kpthing bad in following some rules
rxkinglampung
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July 02, 2018, 09:12:06 PM
 #830

During this time I participated in projects that require KYC has not encountered a problem, I always put confidence in the projects are able to maintain my personal identity and privacy.

Since I have previously reviewed the project, and judged it, when I think the project has good credibility then I will participate in the project.

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kkerrex
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July 02, 2018, 09:13:38 PM
 #831

To my regret, hype and popular ICOs require KYC forms and for me it is obligated to pass KYC in order to participate in this ICO.
So this is a requirement, nothing more, and if you want to join, you have to pass KYC
Deulealis
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July 02, 2018, 09:18:42 PM
 #832

I have not participated in this ICO yet. But I think that if the project is pleasant and you want to invest money, you can pass KYC. As for the airdrop, KYC does not justify the result.
JulkaEsya
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July 02, 2018, 09:24:13 PM
 #833

I participated in one of the campaigns and one of the requirements was to pass KYC. I did this procedure required documents,photos, and special hand marks at a certain time. I think the passage of KYC is necessary to combat fraud and this procedure helps to get rid of illegal activities.And in order not to fall into the hands of scammers need to first comply with the basic rules ,never believe those who promise a lot and there is nothing free in this world!
telepath
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July 02, 2018, 09:24:35 PM
 #834

Is there a choice? if you want to participate, you have to pass the KYC.
you can use as a protection label with the name of the project. At least it will be clear from the leaked documents. Now the situation with FANTOM is unclear. I received an e-mail with the ERC20 address, but after the end of sale

Unfortunately we have no choice at all. Projects are making whatever they want - they want promotion, they want community, they ask a shitload of personal documents and can even garuantee their safety. Im sure my documents and my personal data already leaked and not even once or twice. Its happening so often nowadays - and sadly we cant do nothing with this situation.
zero4five
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July 02, 2018, 09:33:07 PM
 #835

If you participate in the ICO with an interesting and significant product and a proven team and are confident that the coins you received can bring you a real big profit then you have to go through this KYC procedure. In other cases, in questionable projects, this should not be done.
secdark
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July 02, 2018, 09:38:45 PM
 #836

It really depends on the person but for me as long i already knew the project that i am going to invest and it really a legit and potential why not provide only personal identification card and nothing more.  In the other side, i see how KYC very important especially after the ICO has  done successfully.  This is also one way of protecting the project and company itself from scammers.



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Honourable11
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July 02, 2018, 09:40:09 PM
 #837

Do you join, ICO that requires KYC? "
According to my own thinking  there’s nothing wrong with a little security feature
added to ICO’s it simply makes things appropriate and accounted for. KYC can
help out filter those type of individuals that tend to corrupt
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July 02, 2018, 09:43:43 PM
 #838

For me i really hard to get pass the kyc. I dont know why i always reject on them. They didnt give a reason why they failed my kyc. Thats why now im avoiding ico's that have kyc. Especially on the bounty
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July 02, 2018, 09:46:17 PM
 #839

Why not? I join ICOs I trust, 0% scam projects so... I'm confident that my docs in safe.
Lol, you shouldn't join ALL ICOs, check all info.
1) Project should be trusted
2) Project should be useful
3) Project should be profitable

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July 02, 2018, 09:47:20 PM
 #840

If you participate in the ICO with an interesting and significant product and a proven team and are confident that the coins you received can bring you a real big profit then you have to go through this KYC procedure. In other cases, in questionable projects, this should not be done.


Doesn't matter what is the project and the team and so on. I am not giving my personal information to no one. You can never know what is going to happen and where is going to end up.

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