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Author Topic: KYC to airdrops is it good?  (Read 2908 times)
Younts196
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October 05, 2018, 11:52:59 AM
 #241

I do not appreciate KYC but would really be needed to avoid cheating. You have the right not to participate in projects that require KYC. They have clear rules, participants must follow their rules set. If you do not follow the rules, you have the right to leave the game
BruceJu
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October 05, 2018, 11:53:06 AM
 #242

KYC is really superfluous, I don't know why some projects require KYC. Is it because they say they want to reject certain national citizens? Doesn't anyone think this reason is like a joke?

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ginobitcoiner
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October 05, 2018, 04:09:56 PM
 #243

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 also don't think that KYC is unfair to hunters airdrops, they only get a small portion of the overall token allocation but they have to replace it with the personal information they have.

waterproof
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October 05, 2018, 04:41:01 PM
 #244

I am an opponent of identity KYC! For what it is generally needed. For bounty hunters, this is another reason not to pay them! Probably everyone has forgotten that the idea of cryptocurrency is anonymity!
Ambers
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October 05, 2018, 04:56:26 PM
 #245

When you are asked to submit your documents in order to participate in the lottery - it looks very suspicious. Why would anyone need documents to send him free coins. I do not believe in the sincerity of such people who demand it.
dimon01
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October 05, 2018, 05:00:03 PM
 #246

In my belief, the KYC for airdrop is not a good idea and it should not be done. I think if the airdrop campaign asks for KYC, then  probably it is a  scam or non-potential ICO project.
hesham51
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October 05, 2018, 05:10:38 PM
 #247

Your personal information is very critical be careful and don't throw it everywhere you land, in some airdrops you just sell your information for pennies or even free.Take care
JayCue
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October 05, 2018, 05:15:03 PM
 #248

If you're not that cautious you will end up to be one of the victims of identity theft. As much as possible, I don't join airdrops when it requires KYC verification especially when the project is new. They might only use your info and IDs for their personal gain. (join other genuine projects with your IDs or apply for loan)

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waynechong1995
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October 05, 2018, 05:17:37 PM
 #249

Your data are more valuable than what you think, maybe more than those worthless tokens they gave to you esp airdrops that generate value from literally nothing, some projects implement sort of 'after ending' way to processing KYC to reduce participant, mostly filtering out users with KYC but still enjoying their exposure, i dont think KYC is necessary for airdrop, it suppose to be giving

miyaka26
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October 05, 2018, 05:28:13 PM
 #250

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 know why some bounty hunters still submit their data for KYC compliance in order to attain 1 dollar worth of tokens from a demanding project that instructs you to do tons of tasks just for the sake of this, this tokens should be given for free without the cost of your personal data their airdrop pool is not that big but they demand some tasks then what's going to happen? devs will promise a lot of good things from their flowery statements, their token will be listed to top 10 exchange and they are in negotiation the platform is in progress, blah blah after 1 year the project did not attain anything and the participants got nothing neither the promised tokens.

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October 05, 2018, 05:30:04 PM
 #251

I don't know if it's good or not, which obviously I will never join airdrop which requires to fill KYC, except for the bounty and ICO because in my opinion KYC that we provide is not in accordance with what we get from airdrop.

Ini35
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October 05, 2018, 06:37:27 PM
 #252

Participating in airdrops most times is time wasting. I cannot now imagine if KYC is now being needed to be qualified to get the tokens that would worth just meagre amount.
We truly need to be back to those days, like in 2017, when airdrops used to very much profitable. During these time, developers were not asking for KYC.
So, why the need for KYC despite what is now being given?
pufenduy
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October 05, 2018, 07:05:01 PM
 #253

KYC is not necessary. There are such several airdrops, that give a lot of great profits, but the most of them are 5 dollars worth. You do not need to risk your data for several dollars. I never participated in such airdrops and I will not participate in any KYC for an Airdrop.
Akoldi_ibk
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October 05, 2018, 07:26:26 PM
 #254

Most projects requesting KYC for airdrops do claim it is to prevent multiple entries, but one can't really know their true intentions. So the risk is high for something that worth almost nothing. Sad thing is after completing the process, some projects will still end up rejecting one's KYC. Once KYC is involved, I let it pass.

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IKZIR31
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October 05, 2018, 07:48:25 PM
 #255

I don't think it's good to fill kyc for airdrop, give our personal information for something that is not valuable. I will not do it.
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October 05, 2018, 07:56:25 PM
 #256

In my opinion, KYC's is necessary thing for all actions, which deals with money. Because so many scams on both sides. KYC just make the process of earning more honest.

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October 05, 2018, 08:28:10 PM
 #257

I think that the passage of KYC for airdrop companies is not highly desirable, I was still able to accept the passage of KYC for bounty companies and I'm not happy about it, just if I think that the bounty company is good, then I will take part in it, even despite KYC.

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BabatundeM
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October 05, 2018, 08:32:06 PM
 #258

It been long that I have backed out of participating in airdrop and what actually made me stop is this whole issue with kyc requirements. Had it been that something reasonable comes out of it, it would have made more sense but you will go through this and end up receiving peanut, it not worth it.
moshuk
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October 05, 2018, 08:32:51 PM
 #259

I don’t think it’s right to ask for data in aiirdropes ... you are not investors, and the rewards are not worth the risks.
MCJamison1987
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October 05, 2018, 08:35:44 PM
 #260

maybe its a way to minimize the airdrop participants.
I agree that having to submit KYC for a small amount of airdrop is just troublesome
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