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Author Topic: KYC for bounties and airdrops  (Read 3217 times)
Alex Bogo
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June 21, 2018, 05:17:55 AM
 #281

I passed KYC only at registration at the exchanges. If to speake about airdrops, I think, it doesn't cost that, I wouldn't begin to pass KYC for airdrops. Profit isn't so big and it isn't guaranteed. So showing for this purpose your personal data isn't a good idea. I am ready to pass KYC for good bounty, but even in that case bounty can be a scam.
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mullzerwar
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June 21, 2018, 05:24:50 AM
 #282

I have experienced passing the KYC process to earn my rewards and did it. However, it was difficult to follow the rule especially when uploading the document. My worry is about the privacy of my identity that I sent to the developer team. I know that they will make it private, but worry is still here. However, to get earning from bounty or airdrop KYC, I'm sure that every developer has regulated about it with big considerations. Just follow the rule if it is the legit bounty or airdrop.
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June 21, 2018, 05:27:38 AM
 #283

I think this is enough and fair in order to avoid frauds that people might take advantage of. Because we all know many persons here are only after the money and want to maximize their profit as possibly as they can. So I believe this is just enough and not only for the bounty participants this is also for the law purposes in order to avoid conflicts and for the transactions to be traced easily of someone will be using cryptocurrencies into bad intents. I mean this is just a safety precaution for the world to utilize the blockchain tech for good.


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June 21, 2018, 05:33:44 AM
 #284

I've met has been a system of KYC and can get away with. However, if the results that get a little bit better avoid things with this system because it is very high-risk. We won't know what used to be our personal data later. better search for the bounty and other airdrop systems that don't use KYC because this is not a trivial problem but very dangerous if personal identity which is owned to be abused.

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pekavcilar01
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June 21, 2018, 06:05:27 AM
 #285

You do not need to register for any KYC when joining Airdrops. Mail address and wallet address is enough to give. I have never recorded KYC before for Airdrop.
I did not register KYC for Bounty either. KYC wants to register for ICO projects.
Marsyam
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June 21, 2018, 06:24:44 AM
 #286

in my view, some airdrops are specifically held to collect personal data. So I see the project and the potential profit before going through KYC procedure. I honestly still hesitate and worry if there is a misuse of data for a bad thing, but the project is quite good. Actually, the use of KYC is limited only by investors only, and the prize hunters.

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June 21, 2018, 06:35:24 AM
 #287

I personally do not believe in airdrop that gives you the hassle of rules when you want to join the airdrop. I will immediately leave the airdrop when giving rules to fill the KYC and ask for payment to get the token from the airdrop. because most airdrops do not pay huge fees

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anilsaini0327
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June 21, 2018, 06:44:35 AM
 #288

I am personally not bothered by kYC process as its a legitimate way to prove your identity in a bounty or airdrop. Nowadays people are using multiple accounts to gain from these. This is a step that benefits all.
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June 21, 2018, 07:05:38 AM
 #289

Did you ever pass KYC for an airdrop token? I am strictly avoiding that, because the amounts to be airdropped are mostly too low. Or did some of you already pass KYC for an airdrop that was worth it?
To process using KYC I also had never experienced it. But I often hear the ICO project participants many campaigns should complete KYC for the Division of rewards. This feels very heavy due to the personal data we submit it to the people that we also do not know. And I should think carefully before I make decisions for charging KYC.
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June 21, 2018, 07:21:37 AM
 #290

Did you ever pass KYC for an airdrop token? I am strictly avoiding that, because the amounts to be airdropped are mostly too low. Or did some of you already pass KYC for an airdrop that was worth it?
To process using KYC I also had never experienced it. But I often hear the ICO project participants many campaigns should complete KYC for the Division of rewards. This feels very heavy due to the personal data we submit it to the people that we also do not know. And I should think carefully before I make decisions for charging KYC.

I never join also any airdrops and bounty campaigns that needs KYC because it will expose my identity especially in airdrops because it is no good but for the bounty some of them don't ask at first place and when it finish they suddenly ask for your KYC and this can force me to fill up the form for my KYC, I have to give it in order not to lose my bounty rewards.

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Kennyflex
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June 21, 2018, 07:23:05 AM
 #291

I only do KYC when i join in a bounty and I am  expecting good amount of tokens from the project. Just be careful when giving your information on a KYC. make sure that the project is Legit because your personal information might be used for other things. This is my humble advice
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June 21, 2018, 08:07:13 AM
 #292

In fact, there is nothing wrong! But I'm glad that many are afraid to pass KYC! Since refusing to pass KYC their share is divided among the participants who passed KYC! This gives you the opportunity to earn more and also, those with multiple accounts can be limited as well
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June 21, 2018, 08:13:34 AM
 #293

In my observation most bounty projects and airdrops now require KYC to be able to receive your token. Just recently, I have complied KYC to an airdrop as well as does the same thing for a certain ICO. Lo and behold, after almost 2 months of waiting, i am still waiting. I guess I have been scammed.
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June 21, 2018, 08:22:05 AM
 #294

Most of the bounties and airdrops campaign these days requires to pass the KYC but be very cautious when doing it there are scam/fake airdrops that seems legit at first look. the form seems real only to be spammed later on with emails for the said KYC. and when you are typing your information, they asked you to verify your ethereum address. The link the gave you will take you to a fake mew website where you need to enter your private key in order for it to sign a message.
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June 21, 2018, 08:29:56 AM
 #295

Now that more and more bounty threads are demanding KYC data, this is increasingly a trend.
However, most airdrops are not required. If a certain airdrop requires KYC data, I suggest that you do not participate.

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June 21, 2018, 08:46:47 AM
 #296

I never participants "KYC" airdrop. It seems to me that such air stations conduct a sale of our documents in the future.
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June 21, 2018, 08:57:26 AM
 #297

Just participated the airdrop or bounty which need KYC if there is no crowdsale
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June 21, 2018, 01:25:48 PM
 #298

If the project that looks very friendly and which will offer a good reward will ask me to provide information about me, I will provide it without any problems. These measures are in place to prevent multiple accounts and bot  accounts from multiple participation
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June 21, 2018, 01:40:08 PM
 #299

I have not participated in airdrops that require KYC only bounties. For me, I'm never  against KYC for bounty campaigns because this will eliminate those bounty participants that have multiple accounts.
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June 21, 2018, 01:42:00 PM
 #300

Did you ever pass KYC for an airdrop token? I am strictly avoiding that, because the amounts to be airdropped are mostly too low. Or did some of you already pass KYC for an airdrop that was worth it?
KYC for bounty hunters are really bad idea.
It doesnt make sense to do that so I recommend to leave the bounty where you have to pass the KYC.

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