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Author Topic: KYC to airdrops is it good?  (Read 2891 times)
cbIpok
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October 12, 2018, 07:04:54 AM
 #401

KYC for airdrops is good to to block the cheaters and for some legal reasons but the awards they give are very low, so i do not want to give my personal information for nothing.
Pr0st0Pr0be1
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October 12, 2018, 04:05:34 PM
 #402

I believe that they are doing this purely because of orders from above. I think it is not very convenient for them to process all these data and check their correctness.

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jan.nicolas
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October 12, 2018, 04:09:50 PM
 #403

Of course not, this is not good, because cryptocurrency today is a very strange topic, I mean anonymity, because cryptocurrency as a whole must have anonymity or at least the security of your data.
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October 12, 2018, 04:10:34 PM
 #404

I think it is totally un-expectable .Even for bounty Kyc should not apply.KYC is mainly introduced for money laundering issues,so it should not be used as spam filter,tracking multi accounting like minor reasons.

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October 12, 2018, 04:12:11 PM
 #405

KYC for airdrops is the biggest absurdity of all that I have ever heard. Most of all, this is like inventing a reason to steal people's personal information from people. I do not advise anyone to participate in such airdrops, the risk is not worth it

solkinsolali
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October 12, 2018, 04:14:08 PM
 #406

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.
Having KYC for peanut airdrops is total rubbish. I won't even waste my time on it allowing those scammers the chance to perpetrate whatever. Why demanding KYC for a less than 1 USD reward.
PlusOne88
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October 12, 2018, 04:32:50 PM
 #407

I don't think KYC's are good if it does not compensate for the possibilities of getting yourself scammed, perhaps hacked or whataoever where your identity maybe put on the line. One mistake may just get yourself into a big trouble. I have heard cases of stolen identity and  that seems to me iappropriate if you would only get small amount of token.

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October 12, 2018, 04:34:47 PM
 #408

I think this is a sign that you can participate in the airdrop.
In almost all the projects where KYC was, there was a good payout for airdrop.

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otong
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October 12, 2018, 04:36:54 PM
 #409

I think this is a sign that you can participate in the airdrop.
In almost all the projects where KYC was, there was a good payout for airdrop.
if the payment is deemed suitable, it is not a problem, but now the fact is that there are also lots of airdrops that cheat the participants and harm the participants
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October 12, 2018, 04:38:39 PM
 #410

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.
what you say is very true, it's not fair enough if we hand over the KYC, what we get is just something that is not in accordance with what we do.

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October 12, 2018, 04:39:53 PM
 #411

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.
Having KYC for peanut airdrops is total rubbish. I won't even waste my time on it allowing those scammers the chance to perpetrate whatever. Why demanding KYC for a less than 1 USD reward.
That would be weird for me to join any airdrop bounty on here that needed a kyc for a reward. They are only trying to scam people.

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October 12, 2018, 04:42:19 PM
 #412

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 seems to me that it is not profitable for me to change my documents for petty rewards for airdrop.
dumplingsandsushi
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October 12, 2018, 04:42:22 PM
 #413

Of course it's not worth it at all.
People underestimate just how dangerous it is to throw your ID and personal information out there.
Especially if you upload it for "verification" purposes.  Once it's out in the digital world it is permanently out there.

On top of that, there is no legal precedent at all for KYC, not even for ICOs so definitely not for bounties or airdrops.
KYC is an international banking agreement to curb money laundering.
It has absolutely nothing to do with investing in new companies.

So asking for KYC for an airdrop is a huge sign that the company has no idea what they are doing.
If I, a person who has no legal experience, can do a quick 15 minute research into this and find facts, then that should go to show you how unprofessional the company is.
They can't even bother to look up relevant laws.

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October 12, 2018, 04:44:13 PM
 #414

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October 12, 2018, 04:44:31 PM
 #415

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, I think it's a good practice because there were so many people who used bounty campaigns out of purpose, which didn't serve their purpose anymore and led to projects losing price, stability and trust. For this reason, I believe that this movement will give a good result and will prevent some kind of users. In addition, the citizens of the country who have forbidden the ICO projects with this system can not participate in the illegal.
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October 12, 2018, 05:15:00 PM
 #416

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.

No, I don't think that's normal. Don't forget that 95% of all airdrops are pure fraud. But they don't just need your subscription to their social networks. Your passport data is their additional earnings or a tool for use on the darknet.

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kanmo
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October 12, 2018, 05:28:00 PM
 #417

I don't think its a good thing to pass through the hassle of passing KYC in order to receive airdrop token. Some airdrops don't worth the KYC because it may not have value when listed on exchange.

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October 12, 2018, 05:29:55 PM
 #418

I am not comfortable giving my all private identity details for like 50 dollars or sth like this. I don't like KYC at all. If i am investing around 10.000 usd or more ok take my KYC, but for 50 usd i dont even bother.


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October 12, 2018, 05:34:45 PM
 #419

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.
My response is a FRANK NO! I wish the KYC of a thing did not even get involved at all because it was not like that from the beginning. I wonder why people start making it a requirement for airdrops too.

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October 12, 2018, 06:26:19 PM
 #420

I don't think its a good thing to pass through the hassle of passing KYC in order to receive airdrop token. Some airdrops don't worth the KYC because it may not have value when listed on exchange.
True, in my opinion, too, the airdrop KYC system is not entirely objective, but the tokens we receive sometimes have no value. from the positive side by reducing multiple accounts and becoming more effective for a complete biodata to start the project, if it is comparable to tokens that we can do no problem, because there have been too many failures or frauds, be smarter in choosing comparable ones.
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