Esterklu
Member
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Activity: 728
Merit: 10
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July 29, 2018, 08:05:37 PM |
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I dont join ICO with KYC because dont like to give my personal information to anyone. Also i still think that cryptocurrency has to be anonymous. If project is really good - i will better wait it to hit exchanges and buy.
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invincible49
Sr. Member
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Activity: 565
Merit: 268
Remember who u are, what u are & who you represent
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July 29, 2018, 08:07:34 PM |
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It has kind of become an unavoidable situation for ICO investors. This is kind of a frustrating thing as we don't know whether the corresponding ICO is going to scam or not. If that ICO scams then they might as well sell our personal data to crime organisation. This is kind of scary thought!
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dasha_buka
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July 30, 2018, 06:06:39 PM |
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I think that kyc isn't really necessary in every bounty, because it will need extra time for that, and some bounty hunter can't provide kyc procedure because of the privacy
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SexForCryptos
Jr. Member
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Activity: 70
Merit: 2
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July 30, 2018, 06:09:38 PM |
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Personally I have decided I will not take part to any initiative which requires a KYC - WTF, why should I have to give our my data to everyone? Sorry, no.
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swetka
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July 30, 2018, 06:17:14 PM |
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Personally I have decided I will not take part to any initiative which requires a KYC - WTF, why should I have to give our my data to everyone? Sorry, no.
for me first of all very strong arguments are the prospect of the project, and not the provision of personal data. If I'm sure that the ico company will bring me a good profit, I'll risk giving them my personal data.
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valetrm
Member
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Activity: 238
Merit: 10
Open and Transparent Science Powered By Blockchain
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July 30, 2018, 06:19:08 PM |
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ICOs that do not conduct KYC, can not then listing on a good centralized exchange. Therefore, this condition is necessary for earning money.
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JakenBake
Member
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Activity: 150
Merit: 11
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July 30, 2018, 06:21:40 PM |
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Any project that requires our identification should be kicked to the curb. Why they would even think about taking this data from us is cause for concern and shows a high probability of a scam. If you send in your data for one of these coins I would get a service to protect me from identity theft as you have made a critical mistake in your personal security.
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Xexen4
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July 30, 2018, 06:21:57 PM |
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i sent my KYC documents to legalize icos, most of neo platform tokens very trustworthy behinds neo council. but other else i did not take a risk to send kyc informations. actually most of ico tokens can easily buying below of ico price after listing exchanges.
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ubongephraim
Newbie
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Activity: 94
Merit: 0
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July 30, 2018, 06:26:22 PM |
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Personally im always wary of this. I am skeptical about giving my details out to projects. A lot of identity theft goes on this days and there's a high risk of your data being used for fraudulent purposes
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InfiniteGrim
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July 30, 2018, 06:33:29 PM |
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KYC could be only for the investors who purchased the token during ICO, and for me this procedure will become complicated because I joined alot of bounty programs
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gorkin0606
Member
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Activity: 140
Merit: 10
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July 30, 2018, 06:37:04 PM |
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I think that this procedure does not make sense. Since you can buy documents and go through this procedure.
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Rengganis
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July 30, 2018, 06:37:48 PM |
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I often participate in ICOs using KYC in its purchasing system, but sometimes ICOs are using KYCs that fail in sales that do not reach softcap targets so coins can not be listing on exchange
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abruchifid
Newbie
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Activity: 112
Merit: 0
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July 30, 2018, 06:42:22 PM |
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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?
KYC or no KYC, it really doesnt make any difference as far as I am concerned.I have seen even scam project saying they will conduct KYC and ended up scamming investors
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kenvar
Newbie
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Activity: 81
Merit: 0
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July 30, 2018, 06:42:28 PM |
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In my opinion KYC is definitely good sign about the project. I mean it is not "green light" to go all in, but if they are require KYC that mean they have real plans for the project. Because what the point to do KYC for scam projects? This way the will get way less potential investors.
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bulgar_84
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July 30, 2018, 06:44:27 PM |
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All icos want kyc at these days and they must want also, there is no rule, there is no regulation so sometimes this can be bad for teams and participator, we cant know participator are real or not if we dont want kyc for example.
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solarsun
Jr. Member
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Activity: 99
Merit: 1
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July 30, 2018, 06:44:57 PM |
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No way to ICO's. I will not participate in them and consider them a scam right off the bat. anyone asking for my government ID to be sent over the internet and to be stored is no friend of mine. This is why we have all the identity theft going on right now. There are a few articles around here talking about hackers getting into a KYC database and stealing everyone's identity.
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NORD YGGDRASIL
Member
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Activity: 602
Merit: 10
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July 30, 2018, 06:46:30 PM |
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I never participate in ICO where KYC is required because I do not understand the advantages. I have to send my data to third parties who are then free to dispose of my data as they want.
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Jgatsby
Full Member
Offline
Activity: 265
Merit: 100
Pretty kewl right?
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July 30, 2018, 06:54:04 PM |
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Well before, for me KYC doesn't really matter as long as when i think the project has a potential I join it, I never thought about it before so I always join whenever I feel like but now I'm getting worried about the details I sent to them that might not be put in a good use. I think I need to reconsider the cons and pros before joining now.
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ValerKat
Member
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Activity: 378
Merit: 35
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July 30, 2018, 07:14:27 PM |
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I try to find ICO without KYC. Don't like when someone unknown, asks me my personal information. Moreover, bounty with KYC guarantees nothing and it doesn't mean that bounty has a potential, it can also scam, so no need to complicate.
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Anita1873
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August 01, 2018, 05:32:58 AM |
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KYC is just a document to verify your identity and if any ICO requires it as per their document then there is no objection to give that. I don't have any problem to give KYC if it is mandatory to participate.
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