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Author Topic: Do you join ICOs that requires KYC?  (Read 4513 times)
sevtan74
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July 26, 2018, 05:14:12 PM
 #1181

What the problems with KYC? A decent ICO needs to protect themselves against potential regulations and regulators. IF they dont require a KYC I think it's shady and a sign they just let everyone enter.
mynamehere
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July 26, 2018, 07:02:41 PM
 #1182

When I join the project, I start trusting it. If during the time the confidence in the correct choice has remained, the procedure KYC does not bother me, otherwise I leave the project without regret.
hi-blessings
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July 26, 2018, 07:07:32 PM
 #1183

I do not see any reason why an investor should be prompt and mandatory to upload the KYC documents before he/she can participate in an ICO. It will be good if the [Suspicious link removed]munity can be against this may be it would be stopped. It does not use to be like that before.
Adrin
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July 27, 2018, 08:46:50 AM
 #1184

Required KYC means there is a big chance for personal information hacking. Many people already lose their money with this kind of scam. Stay away from this kind of the company which required KYC. Though KYC verification is done after the ico project is successful or ends but I think it will be better if you ask those kinds of the company about KYC before making an account.
chidiarua
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July 27, 2018, 09:09:08 AM
 #1185

The issue of KYC is still tricky. For genuine ICOs, it's fine. But we have to see some fake ICOs too and if such projects ask for KYC, there is a possibility of theft of personal information. KYC should be done with utmost caution.
@rt27
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July 27, 2018, 09:14:02 AM
 #1186

Bounty campaigns should not have KYC because kyc is for costumer """ know your costumer."""  It only means for investors and not for bounty hunters. The simplicity of meaning did not grasp. Bounty hunters did not put money to the project rather they help the project to attract investors. KYC is meaningless for bounty hunters but meaningful for investors.
Losiana
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July 27, 2018, 09:14:10 AM
 #1187

All successful IKO need a KYC, it is inevitable!. So I'm not worried about the KYC, I send their documents only in good projects. And I have never encountered ICO scammers.
jrrhnjco
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July 27, 2018, 09:15:36 AM
 #1188

To come clean, I don't care for the possibility of KYC. As I would like to think, it damages obscurity. I comprehend that it was made to stay away from utilization of various records and misrepresentation. However, I don't care for the possibility that my own data will be sent to individuals I don't know and they can utilize it as they need.
Crystal24
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July 27, 2018, 09:16:29 AM
 #1189

Personally, I prefer icos that are kyc compliant as it gives credence to any ICO project.
It helps investors to differentiate between fake and genuine icos.
poktur
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July 27, 2018, 09:17:30 AM
 #1190

It is in ICO KYC is very necessary, but speaking of airdrop then I think it's not fair to demand KYC

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htsz_da12
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July 27, 2018, 09:19:22 AM
 #1191

Kyc is required for many high-quality ico, because many ico does not accept Chinese and American investment, so many ico will choose the country of investors.
mangle
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July 27, 2018, 09:22:44 AM
 #1192

I do not see any problems in what would pass kyc, this is a standard procedure, more and more often asked to pass kyc
HusmayaTa
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July 29, 2018, 09:09:49 AM
 #1193

I have done KYC such a significant number of times. I won't be astounded in the event that multi day I am being halted at Unfortunately yes. I once in a while present my archives. In any case, as of now 5 times passed ICOs that requires KYC. It is surely extremely dangerous. In any case, on the off chance that you pick extends precisely, at that point the hazard can be limited. Because of the boycott of various nations for support, an ever increasing number of organizations are requesting archives. This is great from one viewpoint, yet terrible with respect to security.the airplane terminal. I think KYC postures gigantic hazard to financial specialists.
zavodskoi3
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July 29, 2018, 09:14:08 AM
 #1194

I try to pass by and not to participate in such projects.
bighok353
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July 29, 2018, 09:24:42 AM
 #1195

In my opinion, there is no need at all. Blockchain does not require KYC to record every number. The purpose of cryptocurrency is to protect the privacy and security of every user. I personally don't want to join a project that requires KYC.
Daydream 61
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July 29, 2018, 10:45:15 AM
 #1196

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.but there are also great projects without kyc
Charlotte1337
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July 29, 2018, 11:13:49 AM
 #1197

Yes, although it takes time to completed but it is assurance that every bounty participants are equally get rewarded to what they do.
jyotianand01
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July 29, 2018, 11:22:10 AM
 #1198

I have no objection to give KYC as it is for betterment of us and i join those ICO also which require KYC. KYC is just a document to know about your genuinity and now many bounties also asking for it due to so many spam entries there.


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drmasa
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July 29, 2018, 11:22:31 AM
 #1199

Most of the ICOs are asking for KYC now, its some legal stuff, law against money laundering i think. But I still dont feel comfortable to leave my data to some random people... When we see that most of ICOs are going down several x when they hit exchanges these days, why not just wait for them there?
gulshan1
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July 29, 2018, 11:23:05 AM
 #1200

Some ico company are demanding kyc, it means that company are genuine and they are going to distribute coins exact person not a fake person. It is good for everyone that companies are demanding Kyc. Don't hesitate to give it.

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