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Author Topic: Do you join ICOs that requires KYC?  (Read 4513 times)
GSTremor
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June 15, 2018, 04:18:56 PM
 #561

No because such procedure is not so necessary as some person think and good projects can provide ICO without it. Moreover, it is not so difficult to buy docs for multi-participation.
Agreed. Especially since ICO projects do not have a legal side. You can just send your own hand-drawn paper. The fact is that it is data collection. I'm very afraid of that. As a cryptocurrency that screamed at all parties, "I'm anonymous" began to collect personal data....
migmigbaby9897
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June 15, 2018, 08:02:46 PM
 #562

Good ico all need kyc. Now the threshold of ico is higher and higher. Basically, high-quality ico is required to be verified by kyc
aleksabat
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June 15, 2018, 08:13:59 PM
 #563

As for me, KYC is a good opportunity to buy some good coins. I never cheat, so i want to buy everything legally, and that is my pros. So i like KYC.

Malbaunti
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June 15, 2018, 08:20:48 PM
 #564

Now, to participate in almost all ICO projects, you need to pass KYC. So accept or not participate. No one's forcing you. It is bad that some ICO announce the passing of KYC at the end of the company, not at the beginning.
djkyno
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June 15, 2018, 08:24:17 PM
 #565

I prefer to avoid the KYC ICOs, but if the project looks very attractive to me then I join usually. The main feature of crypto currencies is the anonymity so I prefer always to deal with the ICOs without KYC requirement. I already joined only one ICO which asked for KYC a few months ago.
MCJamison1987
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June 15, 2018, 08:31:51 PM
 #566

considering scams and multiple wallet cases, KYC is acceptable.

there are airdrops that dont require KYS though.

Check out below :

Trade Token (TIO)
Website:   https://trade.io/
Telegram:  https://t.me/TradeToken
kuilopp
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June 15, 2018, 08:40:49 PM
 #567

i don't participate in airdrops with KYC because i want to keep my anonymity and they can also sell my personnal information and earn money while i receive no tokens or tokens worth nothing
NomanBD
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June 15, 2018, 08:46:55 PM
 #568

I always try to ignore project which ICOs require KYC But if I realize that any project will be reach to the moon, than I agree and I will do KYC. If airdrop needs KYC, I will never do it.
Yana_M1
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June 15, 2018, 09:03:28 PM
 #569

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.
420moviez
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June 15, 2018, 09:03:38 PM
 #570

I willingly participate in projects which demand KYC passing. In my opinion it is a good indicator!

armlock
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June 15, 2018, 09:08:23 PM
 #571

Almost any normal project now requires the passage of the KYC procedure and I believe that this is correct! If you invest money then you must prove your identity - provide all the necessary documents both in the bank!

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Finnisd
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June 15, 2018, 09:10:39 PM
 #572

I join the ICO which require KYC registration. because without KYC, companies won't pay you a reward.
a23sd12122121
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June 16, 2018, 07:26:33 AM
 #573

 I have to be very careful in following the airdrop in need of kyc, in fact I often avoid kyc. because I do not want they know my personal information.
kettenschutz
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June 16, 2018, 08:40:47 AM
 #574

You should not be afraid of the KYC procedure. This is the standard procedure for all crypto currency projects. Conversely, you should be suspicious if there is no KYC procedure. Recent projects such as Pchain, Phantasma, USECHAIN, all use KYC and all projects are good. Of the named projects only in USECHAIN there is an opportunity to invest, manage.
Snaic
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June 16, 2018, 08:52:46 AM
 #575

The Know Your Customer (KYC) identification procedure has become an important component for initiating a successful ICO crypto currency project, so of course, I only participate in such ICO.
I'm just amazed at such statements. What does the conduct of the KYC check have to do with the success of the ICO project? The only difference is that if such a check is carried out by a fraudulent team, then in addition to the collected money, they will still be able to sell your confidential data. And you in general asked them on what basis they require to pass the KYC check in the campaign signatories ICO, who are not investors?

xAnima
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June 16, 2018, 09:07:43 AM
 #576

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?

This is actually good because Know Your Customer's or KYC are proofs that it is actually you that is joining and have taken interest on that ICO. The platform will know where their customers might come from or how will their platform be expanded around the world by knowing which Country is taking interest on their platform. We also need to keep in mind that it is not safe to give information and we need to be cautious in doing this.
WonderGlue
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June 16, 2018, 12:35:44 PM
 #577

For many customers of new coins think Know Your Client is unnecesary for an small investment and a  inordinate liability with undesirable risks.
AristoteI
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June 16, 2018, 04:34:23 PM
 #578

The KYC procedure does not play a special role. This does not mean that the projects that have a KYC are good projects. It does not matter.
nguyendu164a
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June 17, 2018, 02:49:47 AM
 #579

Now, most of the companies are asking for KYC documents because every company is doing the audit after crowdsale. Companies are asking KYC because their concerned lawyers are making a statement we can show to the government whenever they ask the ICO companies.
Moonspel
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June 17, 2018, 03:02:02 AM
 #580

Yes, there is nothing to be done about it. Many good ICOs require a KYC pass. And this is a big problem, I believe. Because often the ICO team can not safely store the received documents.
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