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Author Topic: Does KYC for Airdrop Worth It?  (Read 437 times)
Atm2020
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May 25, 2018, 08:55:10 AM
 #21

Will you consider realising your personal information for the purpose of getting airdrop that may end up worthless?
Don't you think KYC for airdrop is another method of stealing people's identity?



I'm looking at this in a different perspective. There are many airdrops that worth doing their KYC. Some airdrops when listed will earn you more than $100. If you conclude that KYC for airdrop is another method of stealing people's identity, then what about giving out your identity to a failed ico? How do you measure that?

Moreover, many ICOs also do airdrop, you may wish to only participate in their airdrop, in this case you need  to provide your details to enable you receive their token.
Caladonian
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May 25, 2018, 08:55:31 AM
 #22

Will you consider realising your personal information for the purpose of getting airdrop that may end up worthless?
Don't you think KYC for airdrop is another method of stealing people's identity?

Better to weight the pros and cons, if you seen great opportunities about the project then maybe giving this information will be worthy but in the otherhand if the project seems to be scammy or just a pumped and dumped project, giving your personal information is not good, scammers and hackers will be able to use your identity for some sort of scams or unwanted activities.
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May 25, 2018, 09:01:08 AM
 #23

Will you consider realising your personal information for the purpose of getting airdrop that may end up worthless?
Don't you think KYC for airdrop is another method of stealing people's identity?



depending on what the airdrop is. I'm sure, there are a lot of useless airdrops, especially those that do not have road maps, white papers and teams as developers. and you do not have to bet on KYC verification

bamb
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May 25, 2018, 09:06:30 AM
 #24

KYC for airdrop is big 'N' and small 'O'! Gone are the days when airdrop were meant to push through an idea that contribute to the growth if cryptocurrency. These days people only create airdrop to solve their financial problem! I will advice not to give your personal information to anyone on the internet!

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agiskasep
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May 25, 2018, 09:08:45 AM
 #25

freeairdrop is mean free,but if required to do kyc some good but too high risk,beware scam airdrop that sold your kyc data
Kryten12
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May 25, 2018, 09:09:35 AM
 #26

As alot of the KYC are done by professional companies such as Onfido and Bitcoin Suisse I do not think that the information being collected is for shady purposes. Most companies are following regulations set by governments and it also stops multi applications from spoiling it for others.

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Cryptokeke
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May 25, 2018, 09:09:41 AM
 #27

I also thinking the same thing, why do they need KYC if they are just giving it for free and the anonimousity that the cryptocurrency promotes got tarnish. Maybe KYC should just be applied when investing or not at all.
pokxon
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May 25, 2018, 09:11:23 AM
 #28

I think it's worth it. KYC will help the project against fraudsters. It's really necessary for an Airdrop program. But there are also bad guys who create Airdrop and use KYC to gather information from other people to sell them.

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trixxie
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May 25, 2018, 09:13:12 AM
 #29

I dont think it worth it to apply in kyc. We all know that almost of airdrop are scams or the rewards are so small.
frowsiter
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May 25, 2018, 09:13:21 AM
 #30

Will you consider realising your personal information for the purpose of getting airdrop that may end up worthless?
Don't you think KYC for airdrop is another method of stealing people's identity?


Lolz. Off course it is not worth. In fact airdrop themselves are not paying enough to us to give them the authority to ask for our KYC. It is not any premium sort of thing where the KYC is really needed. If they want to get verification done then they need to give us some more bonuses to be eligible for that one.

If they really care that much then why not they keep the different airdrops for getting the verification done. I mean they could offer airdrops to us if we verify at the official site provide that the reward for such airdrops should be 10x or more.  Cheesy
lx001
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May 25, 2018, 09:14:44 AM
 #31

I think it's worth it. KYC will help the project against fraudsters. It's really necessary for an Airdrop program. But there are also bad guys who create Airdrop and use KYC to gather information from other people to sell them.
Selling your data is one thing, linking you to a real life person is another. There are stupid people who will include their wallet addresses which could be tracked. Now you know how much money the guy has and where does he live. I don't know about the world, but in Russia such thefts and robberies happen frequently.
yazher
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May 25, 2018, 09:24:56 AM
 #32

Absolutely no for Airdrop, 100% no. if it is for bounties i may consider only just for successful project bt for airdrop hell no! who knows what they might do on our identity might use it for ponzi scheming or to threaten people with our identity next thing we will know that the FBI is knocking our door.
jouns
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May 25, 2018, 09:26:29 AM
 #33

Sell your personal data for $ 1? No thanks. I think that no one will participate in the airdrops if they will require a KYC procedure.
LazzierGGO
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May 25, 2018, 09:49:42 AM
 #34

Whats!!? are you seriously ?! i cannot believe if Airdrop have a KYC for receive it. Airdrop give a little piece of there token for doing simple thing but are you seriously ?!
speechless abaout this haha, one thing i can say is don't join that!
Noobaru
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May 25, 2018, 03:24:07 PM
 #35

It depends, but mostly no. If you really trust the company or project and you are doing KYC bounties with them, then you could consider doing one for airdrop also. But if this is some xxxcoin airdrop, then no, my suggestion would be, don't give them your personal details. There was on airdrop a few days ago, where they would give you coins if you do KYC, that was the only requirement. I just laughed and moved on. Cheesy

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tangbori
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May 25, 2018, 05:02:32 PM
 #36

Yes, but not all of them worth passing KYC in order to get tokens because most of them are shit. I could remember that I participated in polymath airdrop and we are to pass KYC, in that case, such airdrop worth KYC because the 250 tokens that was airdropped worth over $250.
Ayam1fish
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May 25, 2018, 05:06:42 PM
 #37

Never will i decide to do a KYC for an airdrop. After all, how much do airdrops of these days fetch for you in terms of money? Imagine doing a KYC for an airdrop that is worth just $2, isnt it annoying? I dont do KYC for most bounties, talkless of an airdrop.
ishietan
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May 25, 2018, 05:34:34 PM
 #38

It depends if the airdrop has a huge rewards. However almost of the airdrop are scams or jut giving small rewards.in Giving personal info for just a small rewards would not be worth it.
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May 25, 2018, 05:50:34 PM
 #39

I think you have to be very care full about Airdrops, especially when they are asking about KYC.
Because mostly Airdrops pay nothing, so for nothing if you are disclosing yourself then it’s not fair.

In this scenario carefully check the project then provide KYC if project satisfied you.
Naitik
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May 25, 2018, 05:53:03 PM
 #40

No definitely not for the airdrop. It seems to bea bug in the system. That people will share their information for 10-15$ airdrop. it is useless and the company asking for the kyc for airdrop seems to be a spam unless it has solid market behind it.
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