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Author Topic: Do you join ICOs that requires KYC?  (Read 4513 times)
GreenPowerRanger
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February 26, 2018, 11:31:01 AM
 #41

Just when its a real hyped and very seriouse ICO. I dont participate much in ICO,s. Because the most ICO who has bounty campaign, the price will go very low at listing. All the Bounty Hunters are dropping their coins go get some fast profit. Thats the reason why i dont invest in ico and why i dont have to be worry about KYC process. So i want to say there are other points for me why i dont invest to in ICO, but KYC is not a problem for me. I dont know why the most people are so scared about KYC. I know its nod cool to share always you information.
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sniper2018
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February 26, 2018, 11:50:50 AM
 #42

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?
Well for me,it's better to have this kind of requirements because it will help to eliminate some multi accounts.I know it's dangerous to exposed our real identity,but for us who joined signature campaigns,I think it is a good idea because in this way,we are confident that we are surely given with tokens.And also we have a chance to get more rewards because if multi accounts eliminated,their shares will be given to the remaining participants.
cryptoblue
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February 26, 2018, 12:01:05 PM
 #43

I am not interested to participate in projects that require KYC (know your customer). I don't want to give my personal details only for some tokens. I don't feel safe.

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February 26, 2018, 12:17:13 PM
 #44

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?
Until now I have never joined ICO whose condition must fill KYC. KYC does not need to bounty hunter because with the existing regulations are now good. I am very worried if my personal data is misused. But if for a very reasonable investor need KYC because they invest their money.
tresbien21
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February 26, 2018, 03:16:29 PM
 #45

I would rather not send my information if that is possible, but if that ICO is really good and i want to invest in it i guess that i would have no other option.
But to be honest my first choice would be an ICO that doesn’t require KYC.
mariomerula
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February 26, 2018, 03:17:59 PM
 #46

I don't care very much to KYC for ICO.. I don't like it for Airdrops but I think this can be a good way to cut out bots and multi-accounts fake.....

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February 26, 2018, 04:12:54 PM
 #47


As we all know crypto currencies are anonymous so KYC should not be required logically. But if I see project is genuine seems promising then it does not matter to me to give my KYC because some ICOs maintains all the investors KYC on the other hand many scammers are active so one should be very careful providing it's KYC and I am not in favour to give my KYC for airdrops.

griezmann
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February 26, 2018, 04:18:57 PM
 #48

No, i don't.
So far, i haven't join ICOs that requires KYC yet,
because i think there are so many good ICOs and became successful that don't force us to do KYC confirmation before join, but we need to confirm after they already count the stake and want to distribute the reward to us
alekscrypto3969
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February 26, 2018, 04:36:04 PM
 #49

If the ICO is promising and you believe and know that they will succeed, why not? You don't need to be afraid that someone will have your personal ID, and what?? If we go online these days, we can find your personal data and you won't even know. Your Facebook is more risky then this, because there you share information about you every single day, and everyone knows, where are you, with whom, why, what do you eat, where do you sleep, with whom and etc... It is funny if you are afraid from KYC.
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February 27, 2018, 05:01:40 AM
 #50

projects that require information on their investors the most investor-friendly, the days of the wild West are fading, all other industries requirements identifikacii this is a common and standard process, in the world of the crypto community by tradition still reigns a spirit of anarchism, but it only hinders the development of the industry as a whole
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February 27, 2018, 05:06:15 AM
 #51

I'm not really interested in such projects. It loses the security of the virtual currency. No one likes this, so it certainly will not attract many investors because it is not anonymous

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nuggetbram
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February 27, 2018, 05:06:37 AM
 #52

Depends how far the KYC goes.

If they require a scanned ID and all that, I may think of it.
Troysen
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February 27, 2018, 05:07:09 AM
 #53



I totally have no problem KYC, in fact i think its helps develop trust and transparency,, however th ICO project has to be a reasonable one too with a properly outlined structure, not just some cash gab project with shallow intentions.
Nilda
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February 27, 2018, 05:27:52 AM
 #54

Yes. Only people with multiple accounts hate KYCs. Eventually, when governments regulate cryptocurrency, KYC will be the norm. Why refuse now and miss out on the payouts? It doesn’t pay to be paranoid.

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February 27, 2018, 05:32:07 AM
 #55

I am also not interested in such a project, because most of the current ICO is just a scam, it has lost the anonymity of the cryptographic currency, so the mode of ICO will not be healthy.

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February 27, 2018, 05:33:47 AM
 #56

It seems rather bizarre that unregulated and unlicensed entities are demanding you provide them with copies of your ID when all the fraud we see is from companies recieving the money turning out not be who they claimed to be. How about KYC's for the people conducting the ICO?

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February 27, 2018, 11:38:56 AM
 #57

I don't do take any action with any ICO that wants KYC. It reminds me too much of the old world slavery to the system.
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February 27, 2018, 11:50:20 AM
 #58

Other ICO only announced KYC after their ICO ends and bounty participants must fill-up the KYC form in order to received the tokens. With this kind of conditions, we can't do nothing except to follow their rules. I already experienced this matter and so far there seems no further issues that I encountered.
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February 27, 2018, 11:51:30 AM
 #59

Yes I do. For now I see almost all ICOs require a KYC. For in the future I think that 100% of the ICOs will require a KYC.

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February 27, 2018, 12:02:24 PM
 #60

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.

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