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Author Topic: Do you join ICOs that requires KYC?  (Read 4513 times)
arthurgrand
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June 05, 2018, 09:16:25 AM
 #461

Sincerely I don't mind at all to do KYC, because I am located in non restricted country. As long as they don't want us to input our private key then I think its not a problem.
sensimilia
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June 05, 2018, 09:47:07 AM
 #462

I dont choose those willingly, but recently many ICOs and Bounties are doing this badass thing. You participate and in the very end they say - KYC needed

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emmybd
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June 05, 2018, 09:53:38 AM
 #463

I consider participating in ICOs that require KYC is not safe at all. There is not guarantee that your data will not be leaked and wouldn't go to the wrong hands, so i will certainly avoid these ICOs.

tranb9681
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June 06, 2018, 03:12:11 AM
 #464

I had joined a bounty that requires KYC and thankfully I have passed the procedure they did it because the company is based in US and they are required to do KYC for bounties because of the law
boller
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June 06, 2018, 03:19:23 AM
 #465

I have ever joined it. Now, many ICOs use the KYC and I think it is normal. Just trust them that they can keep our ID secret and don't use it for everything illegal. I have ever submitted to claim my token and then I got it. Just easy to earn the token by sending the KYC. However, what makes us sometimes annoyed is that the announcement of KYC claim is informed immediately after or before the end of the ICO. It is better for us to be announced at first of the ICO or pre-ICO started.
B.REED
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June 06, 2018, 03:24:04 AM
 #466

Some people set up separate bank accounts just for Crypto and don't link them to their other accounts. Good option except you still need to provide license, or passport or sin. Freaks me out for sure and I would join very few of them after doing a lot of research.
asdizn172777
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June 06, 2018, 11:06:14 AM
 #467

I think that the KYC does not make any sense. Now there is no problem to buy documents. This makes the KYC incomprehensible.
Personally, I do not participate in the ICO where I require the KYC. I do not want my personal data to become available to scammers in the network.
darktt
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June 06, 2018, 11:35:12 AM
 #468

If ICO that I choose to invest requires KYC i joined it, because I choose that one and I don't see scary in KYC, in my country ICO and crypto allowed. I think didnt like KYC only those people who lives in country's that banned  all type of ICO and crypto.
masterzino
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June 06, 2018, 11:38:48 AM
 #469

I have ever joined it. Now, many ICOs use the KYC and I think it is normal. Just trust them that they can keep our ID secret and don't use it for everything illegal. I have ever submitted to claim my token and then I got it. Just easy to earn the token by sending the KYC. However, what makes us sometimes annoyed is that the announcement of KYC claim is informed immediately after or before the end of the ICO. It is better for us to be announced at first of the ICO or pre-ICO started.

How did you decide that you can trust them? What is giving you the confidence? This is your ID with the names and the DOB that are yours for ever. You are going to exchange it for a couple of tokens for few hindered dollars?
It is up to you of course, but I would advice to stay away of KYC. You never know who do you send your documents and who are going to sell it if they decide to do it.

waaat?
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June 06, 2018, 11:39:35 AM
 #470

I think that the KYC does not make any sense. Now there is no problem to buy documents. This makes the KYC incomprehensible.
Personally, I do not participate in the ICO where I require the KYC. I do not want my personal data to become available to scammers in the network.
I participate in ICO. And I have set of documents for that. And yes, this is not me in reality. Why? Because I think it's so stupid to require docs throw internet. But I give all that team want. Why not
SimasB
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June 06, 2018, 11:39:42 AM
 #471

Yes, if I believe in the project and I know it's legit, I don't see a problem at all.
Alex09012004
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June 06, 2018, 11:48:39 AM
 #472

Today almost every project requires it and if you plan to participate in different ICOs, then there is no other choice.
judeafante
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June 06, 2018, 11:53:38 AM
 #473

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?

No, I don't besides there is no guaranty that the project will be long-term some coins are dead in just a matter of months but your information will still circulate online and might end up in the black market, its like selling yourself online in which you have no control.

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15putriutami
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June 06, 2018, 11:53:43 AM
 #474

I also join ICOs which require the KYC inside the ICOs. Because I think it looks better because it requires personal information from people who want to invest.
sniveel
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June 06, 2018, 11:55:54 AM
 #475

I think KYC is good enough to the ICO project if the ICO has a lot potential to be success. But for me its non sense why to do KYC this is stupid thing just stay away from there.
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June 06, 2018, 12:06:39 PM
 #476

I participate in the ICO where KYC is needed.
In serious projects it is not possible to invest without a KYC.
At icodrops almost all projects require KYC.

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Miosekogba
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June 06, 2018, 12:29:19 PM
 #477

I don't really like to be participating in ico s that requires kyc because since I'm not an investor, i don't see any reason why i should have to go through kyc before i can receive the tokens i worked hard for.
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June 06, 2018, 12:33:15 PM
 #478

Most ICO projects use kyc regulations due to legal issues later on. ico project organizers do not want their projects exposed to legal cases after the ico period ends.
Lehbane
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June 06, 2018, 12:39:18 PM
 #479

I was monitoring some ICO campaign from crowd favorite bounty manager to join my Twitter but when I saw the line "this token is not ERC20 and you need a valid email to send the link for your award...." I check the link but it leads you to the ICO site and you need to fill your KYC, I immediately remove my book marks... Pain in the ass to decide and wait for the ID confirmations... Plus documents... No thanks
Umuoji
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June 06, 2018, 12:42:06 PM
 #480

I do join ICO that requires KYC  but not always because there are still some that does not require KYC. KYC which is Know Your Customers is required for some ICOs due to restrictions in some countries
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