What does KYC gives you ?

[randyg29]

I also participated some campaigns that are required a KYC to prevent their campaign to some people who's not following their rules and to prevent from scammers. And I think it is good to some campaign if their projects are really useful in the economy and community just like other new launched currency now.

[Cianix]

Definitely a chance of course very big that your documents can get to someone else , but I think if the project is really good you can go through kyc and make great money on it, though such projects units

[Dpat]

I think for the bounty hunter there is no need for the KYC regulation to be passed. Because they have very little amount of token as a reward they get. Most of the bounty doesn't require the KYC but some are required this and by getting their data they manipulate this. May be this later become the birth of the financial fraud.

[babsjoe]

Depending on what you want to use KYC for, if you are involve with bounty campaign or you want to by ICO hosted in country where such is require before the promoter of ICO can access funds,;you will have to kyc to buy ICO or receive your bounty reward!

[kenjionline]

If I were you, I'd skip the airdrops where KYC is required. Most likely it is a scam and your documents in the future can be sold in the deep web. And keep anonymity when working with cryptocurrency.

[mr.robot8]

i am generally against kyc both for the airdrop and for the bounty and also for investing in the icos, give your documents to people more or less unknown, once in the net is forever can not be deleted, in fact i do only airdrop and bounty that do not require kyc

[xhibit1]

Actually the main aim of engaging in KYC verification is for projects to know the real details of their users. in case of theft or any misunderstanding, they can be traced easily. On the other hand, some scam project can use the personal info of user and commit crimes which is the negative effect of carrying out KYC events

[terible.hunter]

Know Your Client gives me nothing in return.

The Team developer will just get my information and copy of MY ID>


KYC is just better for them as they can see people who must not connected to them!

But aside from that nothing more, KYC is not healthy for investors!

This is understood only by investors and why today the SEC does not think about it, I can not understand it. It would not be ridiculous, but today we really cannot correctly draw up laws that would oblige developers to leave their data.

[confreslamp]

Nothing, it just helps the team to check every contributor and to assure that they are real people. Some scammers are using multi accounts to trick the projects team and the KYC process helps to identify these users.

[Autumn.MediaGrp]

KYC means Know your Customer to prevent MONEY LAUNDERING or such thing, for bounty purpose it is to prevent multiple accounts joining in one bounty,

[walnutc]

which coin best kyc  or without kyc any one guaid me

[bitok_1979]

The transfer of kyc by itself does not guarantee that the project of generosity will be worthy of a reward and, in the end, it may turn out to be a simple fraud.

[KaozTiposta]

Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining

Those reqhiring KYC for bounties and airdrops are scammers who are most likely the ones selling personal data in Dark Web and other suchlike places

[Tiana1]

All the projects, ICo's, airdrops and bounties I have done kyc for, I have not benefitted from any, just some that at the end of the day paid very little. The projects I really benefitted from are ones that were even very easy, no kyc issues, no much hardwork like the rest, just normal work. Many projects are asking for kyc these days and its risky dropping your info anyhow. Issues of identity theft is rampant now, the risk of releasing your personal information to unknown people all in the name of kyc is something to be careful about.

[kapalmabur]

KYC is still indie, which cannot be fully accounted for, they collect personal data without exception, I agree if it is applied to investors, but for campaign participants it is excessive because KYC provisions are for investor accountability with assets above 10% for each individual.

[doycku]

KYC is still indie, which cannot be fully accounted for, they collect personal data without exception, I agree if it is applied to investors, but for campaign participants it is excessive because KYC provisions are for investor accountability with assets above 10% for each individual.

It seems to me that the provision of personal data can be beneficial, even if you are involved in a bounty company. Thus, the number of multi-accounts will be reduced, because they will all be able to fill out the KYC form. And This suggests that the number of participants in the swamp of the company will be much less and earnings more.

[rtx28090]

KYC helps you become a real person and you are not a robot. It also helps you get the right amount of money with the effort you spend

[kidbounty]

Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining

I think you can solve multi-account problems. with Kyc no one is greedy for all the same things. but it is not recommended to provide personal data only for airdrop. because it's not worth the risk

[iwah]

I don't really like the idea of KYC, cryptos was meant to protect people's privacy while dealing and trusting each other on making transactions, so I don't really like KYC because you don't know the people you are submitting your documents to and hoe they will handle your personal data, so doing KYC is risky, so i try to avoid it as much as i can

[Kiefner]

Pass KYC is now almost mandatory for many good bounty companies and if you want to continue to participate and receive further profits, you will have to pass KYC. It is necessary to weed out suspicious projects.