Do you join ICOs that requires KYC?

[FiiNALiZE]

Honestly, I do not take part in many ICO. But the ones I have taken part required KYC. I think it's a sort of a standard now. And good startups have KYC

That's a nice thing that you are doing. Most coins that have KYC is not going to last that long if they are not supported by the community.

[hiburak]

I think ICOs should stop asking for KYC. Some ICOs has never done KYC, but they were able to get their tokens listed. So, I don't understand why they need people's personal information. If they would like to give a fair chance to every one, there are ways to do that with this technology (Ex: Dutch auction).

[Pintadj]

I dont!

[jho0810]

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?

For me it's alright to have a kyc in ICO because I know some project protect their their project or funds to some frauders that want abuse them. But sometimes it's difficult your information to others because maybe if the ICO will be scam maybe they can use your identity to scam others.

[123jznjx1892889]

I avoid these ICOs and think they are only doing a disservice to those who do join them in the long run. Of course not every ICO will mishandle your information or get hacked, but the ones that do it won't be fair to all those innocent individuals. This is why I avoid ICOs that demand KYC, it is not necessary in the slightest.

[adytran]

I think the ICO need KYC. Because if required KYC, the project will reject a cheater, spammer and "whale". KYC help you make clearify what exactly how many people join this campain and we can analyst about this digit

[mrs_bitcoin]

And why should not I participate in the ICO that KYC requires. It seems to me that in KYC there is nothing wrong with checking and that's what most people I associate with say.

[jayc89]

Yes I join icos that requires kyc. Although many of the icos2do not ask of kyc and I find it kinda disturbing. Any ico that requires kyc to me is to standard and I am comfy participating on them

Why do you do that?
KYC is not a mandatory thing for the projects that generate a lot of volume and remain in the top 5 ranks.

[zedaq]

Yes, I do not see any problems in this, but the most important question is that now it is a document verification body, it seems to me that now very many people do not understand that they are handing over their documents to organizations that do not have state accreditation.

[sangalangdavid]

No. To be honest, I do not join ICOs that requires KYC because it just makes the distribution time longer and sometimes there are spilling of private information that could be very dangerous.

[LianaSie]

It depends on the project. If I relally want to participate, I do anything they want, did not have any bad experience yet.

[Tahdayi]

Yes of course, I do not see a problem to pass the Kyc if the project is worthwhile, although recently a lot of bad projects

[BigBoy89]

I think ICOs should stop asking for KYC. Some ICOs has never done KYC, but they were able to get their tokens listed. So, I don't understand why they need people's personal information. If they would like to give a fair chance to every one, there are ways to do that with this technology (Ex: Dutch auction).

I think that you are absolute right. I believe that most of the ICO are not so worry about the KYC. They are just creating a databases with a personal info that no one knows what will happen with it. Soon or later these databases will be sold and soon or later a lot of people will be burned.

[grinifols]

I'm worried about it, because our data is then leaked to the dark net if the Scam project and there is nothing good

[rajurathod18]

For me, it really depends on how big and how much potential this ICO have. I also dont wanted to miss an opportunity that is really hard to find. KYC is inevitable in most ICO specially if they are really that dedicated with the platform and i believe that it is mandatory for them to do KYC for big time investors to avoid money laundering.

KYC is being implemented by almost of the ICOs now a day to be on safer side. There should not be any problem with the KYC if it is being carried out by reputed third party agency like ONFIDO or projects based on the Blockchain which carries KYC for example VERIme, the key etc

[TwisterPipister]

So far I've heard only about one person who refused to pass KYC from the ideological reasons, he participated in the signature bounty compaign, when asked to pass KYC, he refused, although maybe he was just a scamper.

[pantheraio]

It would not hurt to follow ICO in need of KYC, it seems to make ICO a bit convincing. Actually KYC function is good and not so inconvenient to my taste. This is done to prevent crime or fraud alone, where every wallet we must require our original identittas to confirm its authenticity.

[nitrinto]

I do KYC if required. and I do not see anything wrong with that if my data gets to the scammers. without my signature, all documents are invalid.

[Argoo]

I never join the ICO generosity campaigns, which even express the possibility of conducting a KYC audit, because I consider it illegal for participants in the ICO generosity campaign. In relation to us, such checks should not be carried out, because we are not investors. The meaning of conducting such a check is basically to prevent the possibility of laundering dirty money. It does not have to be simple curiosity or, for example, to make sure that we are not citizens of the US or other countries that have banned their citizens from participating in the ICO. Participation in ICO campaigns here involves participating in ICO projects with your money, that is, investing in these projects, because these states consider this investment too risky and consider it necessary to protect their citizens from possible losses by directly prohibiting them from participating.

[alenahype]

In fact, it means only that it will be a prospect to the fact that this is not fraud and you can hope for the bounty on the payments and be also burdened by the fact that the company will scrape off