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Question: Would you participate in ICO if you like the project but your personal info is required?
No - 95 (61.7%)
Yes, I would participate - 59 (38.3%)
Total Voters: 154

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Author Topic: VOTE! Do you participate in ICO that requires KYC (your personal data)?  (Read 1157 times)
chrisfatos
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April 12, 2018, 12:04:59 PM
 #201

Yes I have participated in projects that require KYC. I did a lot of research before in order to determine if it is a scam or not. Everything looked ok and the product very promising. In such cases I don't mind giving my details

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askmecrypto
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April 12, 2018, 12:15:18 PM
 #202

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).


I do not have a problem in submitting my KYC details for a legitimate project. It gives even more trust that the company is doing things the legal way.

However, I would never give away my  KYC details if the project appears to be a scam.
JohnWick_Bitcoin
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April 13, 2018, 06:46:24 PM
 #203

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).

Its fine for me joining an ico with a kyc requirement because we have a proof that none of them is scammer and in order to reduce the probability of being scammed by an ico then kyc is really required, there are a lot of successful ico's today that has a kyc requirement today so do not bother to invest or join their campaign here in this forum.
Angel Balu
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April 14, 2018, 06:28:21 PM
 #204

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).
Yes, do not store personal data on such projects. All the more if they want my personal information, canvassed give 100$, roughly so much are worth on the black market? xD
xOdiumNostrumx
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April 14, 2018, 07:33:17 PM
 #205

I am/would for a sizable sum (reward wise). But if the reward is of a small nature, it is just not worth the risk as you can rapidly find scans of your ID-s on the deep web markets if something goes wrong.
upbit
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April 19, 2018, 04:51:08 AM
 #206

If the project is reliable and I'm sure of it, then I can participate in the ICO, I am ready to provide my personal information.
topchiiy86
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April 20, 2018, 01:42:15 PM
 #207

Every good ICO requires KYC nowadays. So if you wan't to invest your money in a prospective and profitable project you have no choice but to pass KYC. Though I don't like to share my personal data, I need to do it if I want to earn money, I'm just accepting all the risks.
ityandsyn
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April 20, 2018, 02:17:44 PM
 #208

Every good ICO requires KYC nowadays. So if you wan't to invest your money in a prospective and profitable project you have no choice but to pass KYC. Though I don't like to share my personal data, I need to do it if I want to earn money, I'm just accepting all the risks.

    I also prefer no to kyc because there are many ICO was succeeded even they are not requiring kyc at the start. Since we are dealing with cryptocurrency, and the word crypto means secret, I think it's best to remain cancelled our identity.
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