VOTE! Do you participate in ICO that requires KYC (your personal data)?

[Jekbolt]

The requirement to pass the KYC (know-your-customer) test from the ICO companies is really a big problem both for investors in ICO campaigns and start-ups.


Some people (contributors) don't like to leave personal information to start-ups. What about you?
Would you participate in ICO if you like the project but your personal info is required? Please vote.


This poll will help ICOs to decide what should they do with this issue: apply KYC/AML and get lower rate of contributors or don't apply and get more contributors.

P.S. those who vote "No" should know that application of KYC/AML will help the project to avoid legal issues in the future and as a result increase token price (or at least not decrease it).

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[Kramblerty]

If the project doesn't look like a scam and has a great potential I would contribute even if my passport photo/selfie is required.

[manoj6233]

The KYC process is the only way Datum can check the source of funds raised during the token sale, and we do so by verifying each buyer’s identity and residency. This is something that isn’t only required by governments and regulators, but also by the banks, large corporations, and public bodies we’re bringing into the data trading market that is the Datum Network.

We spent a lot of time debating the pros and cons of KYC. If we want to interact with other partners in the industry, however, we really have no choice. We analyzed and evaluated numerous third-party KYC providers. None of these passed muster. In some cases, the providers wanted to send your documents halfway around the world to a call center where other people would then review your information. Since this isn’t nearly enough protection for something so sensitive, we decided to implement the Know Your Customer process ourselves. It’s the only way we can know exactly who’s handling these documents and make sure the information is used only for the specific purpose of the Datum token sale.

[jereh988]

with the existence of the kyc program altcoin that we have will be more secure and more secure to invest our money in the ico.

[iram1011]

Since, the cryptocurrencies has gone mainstream, governments are trying their best to keep an account of the investors and traders. This at one hand is completely against the idea of cryptocurrencies, but on the other hand, helps in tackling the problem of money laundering and illegal activities and thus, providing protection to the investors. Thus, KYC by the ICOs isn't a wrong thing. It is dependent upon the investor whether he wants to go through the process or not. But nowadays, cryptocurrencies aren't that anonymous since government has all the data from the exchanges who requires trader to go through KYC process. So, if you aren't much concerned about revealing your identity, participating in such ICO isn't a big deal.

[UsernameBitcoin]

Providing your personal data to someone online who hasn't even launched yet is not only risky but foolish. With the amount of hacks happening I don't think people realize what happens if their personal data gets hacked and sold on dark net markets.

[nhattori27]

No, I am not interested to participate in ICOs that require KYC. I don't want to send my personal details to get some stakes. I am concerned about safety of information.

[Jekbolt]

No, I am not interested to participate in ICOs that require KYC. I don't want to send my personal details to get some stakes. I am concerned about safety of information.

Please vote (choose "no" above )

[Leona Lewis]

I also concerned about my personal data. At least if I see that KYC required in description, I can skip that ICO. But also I've seen ICOs which have weird strategy: you invest and after that you suddenly got news, that you have to proceed with KYC.

[erickkyut]

I voted YES because I did participate before on some ICO which requires KYC approval but it still depends on the ICO. If it has a promising future and it offers something new, I would definiteky participate regardless if it haw KYC approvak or not because I know that I will surely profit from it. If the ICO is not promising, I wouldn't give a damn thing about it whether there's no KYC approval or even if it offers a huge discount.

[aurorabitcoin.96]

Why should I give sensitive data to somewhere that I dont know. And, I dont want my Identity use for Break the Law or False Usage!
Crypto made for Anonimity, so KYC will broke it. Except, the project are competent and promise destroy KYC ASAP after they receive it.

[The Sceptical Chymist]

Nope, nor would I even participate in a signature campaign if they wanted my doc.  And for some people,their reasons might be to avoid the tax man, but for me it's because I don't trust the folks who run ICOs--and I definitely don't know them and don't know what they plan to do with my information. 

Crypto is infested with crooks, so it pays to be a little paranoid.

[rbt]

Without knowing (because it wasn`t stated anywhere) I participated in two campaigns that at the end required KYC. I felt somehow cheated and decided to skip it and lose my deserved tokens (I also skipped Polymath airdrop wich was worth more than $250). This KYC procedure doesn`t offer any protection to the investors, so I don`t really understand why are people so willing to give their sensitive info over the net to some new companies - how can we so easily forget that many reputable companies databases were hacked over time? Also, with that many ICO`s failing, what will happen with our data after an ICO project is abandoned or if there is a scam project? By the way, since in my country the taxes on crypto gains are quite acceptable (10%), I don`t think it`s worth the effort to hide something, so I`m not avoiding KYC just to stay under the radar.

[Heopu]

In my opinion, KYC is good for ICO, but bad for investors.
This advantage belongs to hackers with an additional award - the reward is the data of tens of thousands of investors.
As an investor, I do not want my personal data to be leaked.

[makishart]

The requirement to pass the KYC (know-your-customer) test from the ICO companies is really a big problem both for investors in ICO campaigns and start-ups.


Some people (contributors) don't like to leave personal information to start-ups. What about you?
Would you participate in ICO if you like the project but your personal info is required? Please vote.

This poll will help ICOs to decide what should they do with this issue: apply KYC/AML and get lower rate of contributors or don't apply and get more contributors.

Not sure about that because of the fact that thousands of people are still interested to fill the KYC form to participate in the ico.

I'd liked to participate in the ico that applied KYC verification but that must have completed all of my personal requirements to be included as a promising project. How dumb those are following random ico but filled KYC form.

At least the promising project with the trustable developer can minimize the risk.

[Meraki]

It depends on where will i submit the form, but as much as possible no KYC because i want to by anonymous, also to be safe for identity theft or fraud.

[anylic]

The requirement to pass the KYC (know-your-customer) test from the ICO companies is really a big problem both for investors in ICO campaigns and start-ups.


Some people (contributors) don't like to leave personal information to start-ups. What about you?
Would you participate in ICO if you like the project but your personal info is required? Please vote.

This poll will help ICOs to decide what should they do with this issue: apply KYC/AML and get lower rate of contributors or don't apply and get more contributors.

I'm willing to participate in projects that use KYC because I feel that if there is a problem later on the risk will be able to help us solve the problem better.

[funnelz]

The requirement to pass the KYC (know-your-customer) test from the ICO companies is really a big problem both for investors in ICO campaigns and start-ups.


Some people (contributors) don't like to leave personal information to start-ups. What about you?
Would you participate in ICO if you like the project but your personal info is required? Please vote.

This poll will help ICOs to decide what should they do with this issue: apply KYC/AML and get lower rate of contributors or don't apply and get more contributors.

I'm willing to participate in projects that use KYC because I feel that if there is a problem later on the risk will be able to help us solve the problem better.

This cannot be a serious response.  Your willing to have your identity stolen to help fix those types of issues in the future?  Good lord who are these people?

[PetrovichCoinMaster]

In those projects where it is required to pass KYC, I provide a driver's license. I believe that this is the most secure, as scammers are unlikely to be able to use this document for other purposes.

[cryptoux]

Voted no,if the ICO has been requiring to send my passport,i wont because it could be used into identity frauds and illegal actitivities,many of the cindicates are in the deepweb and it could be use against you,dont want to risk my privacy just for the opportunity that an ICO has to offer? why not buy these coins after they got listed in the exchange?