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Author Topic: KYC to airdrops is it good?  (Read 2893 times)
john alex young
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September 28, 2018, 12:19:56 PM
 #21

I agree about KYC in the airdrop program that you discuss. In the case of both bounty and airdrop programs, I did it, whatever the conditions.
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September 28, 2018, 12:21:24 PM
 #22

I don't think KYC for airdrops offered is fair for those who joined. Some ICO with airdropping is not also fine to get KYC for tokens worth almost nothing or a burger meal is not really fine. I observed it in some ICOs with airdrops that even with giveaways like that so small needs KYC? Don't fall for it guys, not worth it.
KYC for airdrops?

Do you think its worth to use your identity for bunch of worthless tokens? I don't think so, don't put your identities at risk.

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September 28, 2018, 12:29:14 PM
 #23

my personal data is very important, we must protect it as we can.
never give it to company or anything that we dont trust, belonging airdrop and bounty

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September 28, 2018, 12:36:34 PM
 #24

I think, kyc for airdrop and bounty, is not effective. especially for participants with accounts that are still low. for example, those with one account want to follow several airdrops so that the income they get is also good, but with the Kyc, they only have one chance. I think, kyc is better applied to someone with more than $ 3000 income.
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September 28, 2018, 12:39:55 PM
 #25

I don't think KYC for airdrops offered is fair for those who joined. Some ICO with airdropping is not also fine to get KYC for tokens worth almost nothing or a burger meal is not really fine. I observed it in some ICOs with airdrops that even with giveaways like that so small needs KYC? Don't fall for it guys, not worth it.

It's really not worth it, I have a friend who joined an airdrop where you need to pass their KYC, he did pass the KYC but he only got $5 worth of that token, he gave away his sensitive information for just a small sum, I would not think of giving my information even if it's worth $100 dollar, there is a risk involved.

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September 28, 2018, 12:51:25 PM
 #26

I of course beware of the passage of this procedure, I am concerned that I have to provide all their data, but if the project is good and you can take a chance.

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September 28, 2018, 12:58:27 PM
 #27

I don't think KYC for airdrops offered is fair for those who joined. Some ICO with airdropping is not also fine to get KYC for tokens worth almost nothing or a burger meal is not really fine. I observed it in some ICOs with airdrops that even with giveaways like that so small needs KYC? Don't fall for it guys, not worth it.

I do not agree with kyc when doing airdrops. It's not really needed, and our information is easily exposed when the project is not secure identity.
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September 28, 2018, 01:12:21 PM
 #28

The issue with KYC is something I have never being cool with ever since it's inception into the Crypto Space. It is totally unfair for some ICO giving nothing more than $30 at the end of the day still expect us to go through KYC. This is sad and it should be stopped. I remember when I participated in Shipchain Airdrop and they deployed this Onfido KYC which to my Opinion is the most difficult KYC to pass. After all the stress of verifying data, Shipchain ended up not to be worth the stress and process as the total token that was given out per participants were less than <$30. Take for instance project like Hydro that didn't request for KYC gave out millions of token to Airdrop participants which were worth over $1000 later. Ever since I discourage Airdrop with KYC together with Bounty as they ain't worth the stress.
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September 28, 2018, 01:16:06 PM
 #29

This question has been asked repeatedly and I always answer this way; If the airdropping project make it clear before the beginning of the airdrop, there are no issues. it is only when it is not made clear at the end they come up with KYC, that is when it will not look good to.
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September 28, 2018, 01:26:43 PM
 #30

I don't think KYC for airdrops offered is fair for those who joined. Some ICO with airdropping is not also fine to get KYC for tokens worth almost nothing or a burger meal is not really fine. I observed it in some ICOs with airdrops that even with giveaways like that so small needs KYC? Don't fall for it guys, not worth it.

It is a choice.
If you just joined something for airdrop then you might really reconsider. But if you knew what you are going in then it is a must. KYC's proves also that they could be a legitimate company considering they are willing to undergo this kind of rules.
There is a chance they are doing this for their company to keep on going.
Now if it is a scam then do be careful. They might be taking all your documents for an evil purpose.

So it goes back to the start. Did you really resesrched the legality of that company?
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September 28, 2018, 01:28:47 PM
 #31

For me i will not provide my identification for a small amount we all know that airdops are ranging between $1-$10 not worth for my identification

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September 28, 2018, 01:29:01 PM
 #32

I don't think KYC for airdrops offered is fair for those who joined. Some ICO with airdropping is not also fine to get KYC for tokens worth almost nothing or a burger meal is not really fine. I observed it in some ICOs with airdrops that even with giveaways like that so small needs KYC? Don't fall for it guys, not worth it.

It all depends, a year ago most airdrops doesn't require KYC and some users abuse it. Which results to token dump. I think most ICOs are just being strict when it comes to giving free tokens to their community and supporters. However, as a participant, it is quiet hassle to do KYC just for a little amount of token.
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September 28, 2018, 01:30:15 PM
 #33

It is not that risky if you just do your own research before doing the KYC in the airdrops. There might be legit airdrops that you can join without getting scammed. But, prevention is better that cure, eh? So, just be mindful of what you are giving away.
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September 28, 2018, 01:37:58 PM
 #34

I don't think KYC for airdrops offered is fair for those who joined. Some ICO with airdropping is not also fine to get KYC for tokens worth almost nothing or a burger meal is not really fine. I observed it in some ICOs with airdrops that even with giveaways like that so small needs KYC? Don't fall for it guys, not worth it.
Yes, it seems that if a campaign project requires KYC to be able to receive rewards, at least the reward is indeed feasible or has a high selling value, because KYC is indeed needed so that the campaign is not misused with those who use multiple accounts, but if the reward they get is worthless, then for what is KYC.

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September 28, 2018, 01:42:32 PM
 #35

Seriously? KYC for airdrop? How much $$ will they get from that airdrop? I myself when joining the airdrop, I will think twice to give my KYC document or not. I will see the exact reward of the airdrop. If it is no less than $100, why should? I will not give my document for the cheap reward I think. For, it is very risky because of our document security.

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September 28, 2018, 01:52:13 PM
 #36

I don't think KYC for airdrops offered is fair for those who joined. Some ICO with airdropping is not also fine to get KYC for tokens worth almost nothing or a burger meal is not really fine. I observed it in some ICOs with airdrops that even with giveaways like that so small needs KYC? Don't fall for it guys, not worth it.


I don't think it's necessary and ignore, yes, the fact that airdrop rewards don't match and only gets the least amount even though it should be sukuri. however, if airdrop does a KYC, you should check it thoroughly thoroughly, especially those who do not sell ico at all, because it needs to be suspected.
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September 28, 2018, 01:55:31 PM
 #37

I don't think KYC for airdrops offered is fair for those who joined. Some ICO with airdropping is not also fine to get KYC for tokens worth almost nothing or a burger meal is not really fine. I observed it in some ICOs with airdrops that even with giveaways like that so small needs KYC? Don't fall for it guys, not worth it.

Depends on which airdrop, if an airdrop for top tiers coin (which is at least in top 10 market cap), it's worth.
But if only just for ICO token, you only have 1 identity and it's too expensive for doing KYC on ICO airdrops, dude..
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September 28, 2018, 01:55:46 PM
 #38

I don't think KYC for airdrops offered is fair for those who joined. Some ICO with airdropping is not also fine to get KYC for tokens worth almost nothing or a burger meal is not really fine. I observed it in some ICOs with airdrops that even with giveaways like that so small needs KYC? Don't fall for it guys, not worth it.
This is not the first thread of its Kind. But I'd like to answer it this way doing KYC in Airdrop is not normal since most of airdrops are literally give a small amount of Tokens/Coins or just a few dollars in value but why the platform that doing and airdrop is requiring KYC  for what reason sounds odd and not normal just be vigilant before doing it.
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September 28, 2018, 01:57:35 PM
 #39

I will not do KYC for airdrop claims. we only get a little result from airdrop but we have to give our identity, that's bad for me.

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September 28, 2018, 01:59:23 PM
 #40

I agree about KYC in the airdrop program that you discuss. In the case of both bounty and airdrop programs, I did it, whatever the conditions.
With the existence of kyc, it helps to detect fraud in the participants' bounty campaign. so that it can reduce cheating participants
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