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Author Topic: KYC to airdrops is it good?  (Read 2891 times)
ginobitcoiner
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September 28, 2018, 03:19:19 PM
 #61

KYC is a bit difficult for airdrops participants, with little benefit we have to send personal data to teams that we don't know, but it has become a regulation made by DEV, whether we want it or not we must follow it

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September 28, 2018, 03:19:55 PM
 #62

In our time now, data is a weapon. Any data when processed becomes information, and information can be used for all sorts of things. Now if you think that your personal indentification is only worth 5$ in tokens, you're out of your mind.
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September 28, 2018, 03:21:23 PM
 #63

The idea behind KYC may seem counterintuitive at first glance. On the one hand, KYC regulations undermine one of the key principles of the crypto world  anonymity. On the other hand, they ensure transparency of transactions, and this is the most important thing.
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September 28, 2018, 03:24:40 PM
 #64

KYC is not a good choice for airdrop participants because people develop blockchain and improved dashboard to increase privacy of members involved , also history tells most of successful airdrops completed with precondition to bitcointalk community .  So Any airdrop require KYC will be failed one.

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malagaa
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September 28, 2018, 03:36:30 PM
 #65

I don't recommend filling Kyc for airdrop, you don't give your identity for something that isn't worth it. besides that there are many airdrops that are scam.

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September 28, 2018, 03:40:17 PM
 #66

For me, I don't like even signing the form in airdrop because I know airdrop as of now is nothing. How much more airdrop having KYC I think that is not fair to us as a bounty hunter. Even bounty project that having KYC usually I didn't participate with it.
I have noticed now that airdrop is just like the nonsense thing it not worth it compared last year.

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September 28, 2018, 03:44:04 PM
 #67

Are we being asked to do KYC for airdrops too? I am yet to see that airdrop. Even if i see it i will not be part of it. If can manage to do KYC for bounty that of airdrop i will not do it. Majority of this airdrops are scam and will always use your information for any malicious tendencies. I do not understand why somebody that is not investing in a project will be asked to do KYC. we are only selling their information to the their would be customers for patronage. It is not right in my own understanding.
khalifa25
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September 28, 2018, 03:52:17 PM
 #68

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 which is patterned from banking institution is created to protect its investors. The objective of this security protocol is good. But what I observed this is being exploited by some crypto project to collect information from its investors. I really wish that this method of identification and requirements would really serves its purpose.
jyotianand01
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September 28, 2018, 03:55:31 PM
 #69

I feel that KYC is not good for airdrops as most airdrop coins have very low value but KYC is acceptable in bounties which ask for them and mentioned it at the time of joining of bounty. If you are willing to give your KYC, then you can join otherwise leave that.


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MAUTMALAIKAT
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September 28, 2018, 04:04:19 PM
 #70

Don't fill the KYC too quickly if there are several airdrops asking. Be careful. Some are just fraud and we will not know what our identity will be used for. I rarely follow the airdrop asking KYC. Actually I think airdrop doesn't need KYC. Because airdrop only shares a few tokens after one job. We also don't know airdrop will distribute the token. Unlike the bounty that has an airdrop. Maybe we need to fill KYC to get bounty and airdrop payments.

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September 28, 2018, 04:09:06 PM
 #71

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.
Participating in airdrops does not have to be KYC and we should not be KYC to receive shit tokens. Our personal information is extremely important and never sells it cheaply. Certainly 100% of the airdrop requests for KYC are scam and they will sell your ID information. Removing the airdrop and bounty requires KYC, it does not deserve
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September 28, 2018, 04:11:07 PM
 #72

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.

For me it does not matter, if you are giving KYC for airdrop or for bounties or for ICO investment. The foremost reason about KYC is AML. If the project is trustworthy with my documents, I will not hesitate to do KYC. On the other hand, if the project looks more scam, even if they are offering 100s of $ by doing KYC, I will stay away from it.
GunsLair
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September 28, 2018, 04:32:58 PM
 #73

I agree with the opinion that everything depends on the project. In a good and promising project verification of KYC is not difficult to pass. However, why invest in bad projects at all? Or, for example, in unknown projects who conduct airdrops. Then, of course, you risk that your data will fall into unknown hands. And all this for the sake of a few dollars.
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September 28, 2018, 04:40:05 PM
 #74

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.
its true, why you risk your personal data for some useless coins. I dont know why they need it, in my opinion its even illegal to ask for someone personal data and it could be use for something bad and even for spamming and scam.

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September 28, 2018, 04:50:06 PM
 #75

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.
If it is not worth, just don't do it. No one force airdrop hunter to do some airdrop if they not want to. But it is still a lot who do airdrop even developer have rules to do some KYC.  I think each developer have their own reason why do that.

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September 28, 2018, 04:52:32 PM
 #76

Hello! At first it did not suit me. I did not want to pass on my data to third parties. And then calmed down. If my data is needed by someone, they will be found without KYC. Smiley

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September 28, 2018, 04:54:34 PM
 #77

I think that it is atleast 5th topice about airdrops and KYC here.
Yes, it is bad, but you can fight with it, you can only stop doing aidrops Wink.

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September 28, 2018, 04:57:29 PM
 #78

I will never risk my documents just for airdrops.
Firstly, we dont know if the airdrop is real!
If they will send the token to our wallet we dont know if it will have an exchanger.
There are so many scam now, i will never do that KYC.

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September 28, 2018, 04:58:55 PM
 #79

Safety first, keep our Identification and public documents into our selves.
KYC in any airdrop is not a good thing to do.
Dont risk your safety as your documents and ID might be stolen and used for other things.
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September 28, 2018, 05:00:46 PM
 #80

Know Your Customer verifications is good to prevent multi accounts, It is probably the only one thing why they do it and why they require it.

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