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Msile
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October 30, 2018, 05:30:55 PM |
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In all the years I've been in this forum and participating in different bounties, airdrops or events, I always run away from the KYC like the plague, simply because it is supposed that one of the great benefits of cryptos was anonymity, something that spreads with the ground when you ask for legal documents to give you $10 in some token that you'll never remember is in your wallet, for me it's not worth it.
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Mary89
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October 30, 2018, 05:45:00 PM |
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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 understand when the KYC procedure is required from investors, but I do not understand when it is required by airdrops. Well, if you at least warn in advance about it, and do not put before the fact. |
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samlaode
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October 30, 2018, 05:50:08 PM |
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I also participated in Airdrop campaigns and i objectively stated that requesting KYC for Airdrop campaigns was unreasonable and unnecessary. Time and information were not appropriate for these situations.
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Faeton
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Activity: 308
Merit: 11
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October 30, 2018, 06:04:19 PM |
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KYC (Know your customer) for airdrops token are scams, they pivot out the private information of several participants and offer them tokens that are worthless when listed on exchanges.
Funny enough, most of the projects becomes desolate (failed project) and what happens to kyc data's gotten ?? they are most probably sold on black markets to unknown buyers across the world.
Lets be smart and avoid unwarranted KYC.
I join this opinion about the dangers of transferring their confidential data to ICO teams that are unknown to us, which can place photographs of any other persons as their ICO team. In addition, it is generally illegal to require ICO generosity campaigners to pass KYC checks. Bounty hunters are not investors, only those who invest their money should be tested by KYC, because its main task is to prevent the laundering of dirty money. |
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Gasolindance
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yamzu
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October 30, 2018, 06:08:32 PM |
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In my opinion yes. Why? because this is the way to select really good users to pay tokens. So, if there are few people, the reward will be more.
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yatogami
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Activity: 462
Merit: 250
bvo.trybravo.com
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October 30, 2018, 06:30:03 PM |
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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 absolutely agree - going through KYC process means that you have certain obligations for the project team, but in case of an airdrop it is absolutely unnecessary. Moreover, I think that projects which require KYC are just making a database of potential investors and further sell it. As a result, your mail is overwhelmed with the ads about upcoming ICOs, new exchanges and other announcements. It is really not worth it to sell your personal data for like 10-20 bucks. |
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max fray
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JOIN THE NEXT MEGATREND IN CRYPTO!
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October 30, 2018, 06:56:06 PM |
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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 can see no reason for the projects to demand your credentials if they give away those tokens for free. Why should I provide them with my place of residence for the tokens worth $15 or even less? Why would they need my passport details if I am not going to invest in their ICO? This is indeed ridiculous and I strongly recommend everybody not to go through KYC for airdrops. |
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Alohadance
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Merit: 10
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October 30, 2018, 07:11:51 PM |
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I'm not sure about KYC. Many people don't give their personal information, they just put fake documents and easy pass KYC. As for me, I pass KYC only in projects that have a lot of chances to be successful.
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lizaangel321
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October 30, 2018, 08:37:26 PM |
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this is not good. KYC for bounty is not really needed. When the payment of a few dollars, and KYC go through very difficult. And even more so for the airdrop. It takes several times longer for an KYC than to fill the airdrop
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cryptocyprus
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October 30, 2018, 08:40:26 PM |
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I don't think it's worth risking your personal data to make a profit from airdrop. I think that held by KYC is possible in extreme cases to obtain the rewards for the bounty of the company.
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MOProgress
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October 30, 2018, 08:44:20 PM |
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It all depends on the type of airdrop, there is nothing wrong with KYC, the only issue is when the rules are not made clear from the begining at the end of the program, they now ask everyone to pass the KYC process.
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Ganzig45
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GOeureka 『 https://goeureka.io/ 』
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October 30, 2018, 08:50:38 PM |
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I don't think that's a problem. Moreover, there are even advantages in this, namely: there are rules where the conditions are negotiated in which it is forbidden to participate to residents of certain countries, but they still continue to participate. In the case of KYS, data participants are identified.
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GOeureka 『 https://goeureka.io/ 』
Next-Gen Solution Shaping the Future of Online Hotel Booking |
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- ESPERS -
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October 30, 2018, 08:52:58 PM |
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KYC is very good for true airdrops that can make you profitable. It would not be okay to waste time with KYC for a SCAM airdrop. Until now, all the airdrops I attended and had KYC were real airdrops that brought me more than $ 50, which makes me happy. I have noticed that this KYC, greatly reduces the number of airdrop participants and I think it appeared to get rid of the sad or the SCAM participants. So, KYC is good, both for the participants and for the project managers, but provided the airdrop is real. Currently, KYC is good (viable projects), but if it is applied to SCAM projects, it will become frustrating.
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asdalani
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October 30, 2018, 08:55:16 PM |
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I don't think that's a problem. Moreover, there are even advantages in this, namely: there are rules where the conditions are negotiated in which it is forbidden to participate to residents of certain countries, but they still continue to participate. In the case of KYS, data participants are identified.
Participants of the KYC verification is not going to make the project do anything nice. People hate that KYC stuff. |
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Handalger
Jr. Member
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October 30, 2018, 09:02:07 PM |
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kyc for airdrop I would not do because of the fact that the earnings are very scanty and the chance that your documents can drain is very high
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chocopapaya
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October 30, 2018, 09:06:56 PM |
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You are absolutely right.
First off, you should just never give your personal info and ID out to strangers and especially not online.
Second, airdrops pay so low that is it even worth it?
The highest I ever got paid in an airdrop is around $19 worth of tokens.
I sold it, but if I would have kept it, then since then, the value has dropped to about $8 worth of tokens.
But usually, airdrops pay just a few dollars or even pennies.
Not worth the hassle.
So for a company to ask KYC for such a small payout, it goes to show they have no idea what they are doing.
KYC is actually not required by any government organization, it's just something ICOs due because they are afraid that if they don't, they could get into trouble.
Crazy right?
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antolinicio1
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October 30, 2018, 10:13:02 PM |
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It is possible to look at this situation from two parties. On the one hand for someone it is very bad: most of people don't want to transfer the data it is unknown where. On the other hand it is plus: it helps to get rid of swindlers who violate rules.
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Long Bitcoin , Short the Bankers
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jvper
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October 30, 2018, 10:13:44 PM |
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I don't quite understand why KYC is required for airdrops if there is no source of income. All you do is receive money.
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chairmanMao
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October 31, 2018, 07:51:46 AM |
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KYC is meaningless. I don't know if people who support KYC are ignorant. For the key point of the airdrop mission is not KYC but the success of the project, the quality project will be successful, rather than discussing whether to achieve KYC.
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ahmed04
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October 31, 2018, 12:22:09 PM |
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I am against KYC procedure. It doesn’t matter if bounty campaign or airdrop. I don’t participate in projects requiring a KYC and this is my decision.
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