KYC

[anobtc]

They only want to spend a small amount (even worthless) in exchange for your personal information. It's a really big deal. I have to consider carefully before KYC a project.

[ninetimu]

Should I sell a crypto now?

[maculeth]

for a bounty reward, it's very complicated based on my experience. but for airdrop for a small amount, it's easier. if it can't be relevant, then it's better for no kyc.

[bioquaddispwin]

Just Hold, friends

[patz22]

Maybe it is complicated for most of us/you but see even with small amount if there are cheaters they will eat a lot of tokens that should be distributed to honest hunters. Let's say it is only few but if they implemented kyc even in airdrop only few will have those and can have a lot of value.

[EscrowService28]

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

Actually if airdrop needs kyc that means that some are plotting against those participants. This is a free token called airdrop, only a small amount of task is delivered here and not investing money. How come KYC should be implemented? Very funny question.

[bioquaddispwin]

Tell me, what to invest at now?

[iconoclast]

What is needed is a blockchain based way of automating the KYC process by verifying your information and making it publicly available in terms of nationality and country of residence but protecting your identity documents from unauthorized use. Would speed up KYC process and eliminate the need to send personal information to people who might misuse it.

[sehoon]

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

That one is a risky airdrop. I don't think you should join it or if ever you join it and they need KYC, don't take the risk. Only bounties need KYC and not airdrops. It is really unnecessary and it is fishy that those people ask for KYC.

[Google+]

if you become a participant from your airdrop you do KYC and give your identity like a passport or another that gives your identity to others in my opinion it is very terrible because your identity can be used for other people's crimes without your knowledge, you should not do it because of the risk too high and your identity is paid at a very cheap price.

[ccsang]

KYC is one of the most controversial subjects in today’s crypto world, It’s the process of identity verification of the customer, investor is supposed to pass the KYC procedure and provide their credentials in order to participate in the ICO, but not for aidrop campaign, it's not worth is submit your identify to get a few bucks reward

[izay]

There are some platforms that requires this KYC to eliminate cheaters in our society. They simply requires identification that everyone must have. But there are some that is strict in implenting this KYC, they only required passport that everyone must not have just like me.

[MCJamison1987]

I think KYC is very ridiculous process for airdrops because we don't get enough token for make KYC

Agreed!
that is my point as well.
KYC is just not worth it for small amount of tokens

[MCJamison1987]

Airdrop requires KYC? That must be funny. Some ICO that belongs to countries that impose regulations on KYC do require it but indeed disgusting. I dont like it personally giving my personal information to someone/people I do not know. I feel that can be used against me anytime at any reason they want but when it comes to airdrops, its unreasonable. My identity is more valuable than the residue income I’ll be getting from airdrop. Better not give them at all.

Absolutely.
its ridiculous for the amount of token we get.
Plus, the process is mostly troublesome

[bisdak40]

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

Don't waste your time on airdrops that requires KYC. Privacy is valuable than money and if you value yourself then you will think twice if bounty/airdrops that will require KYC.

[Zhenka]

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

KYC of course you should not take place if your income will be minimal. Generally not recommended to disclose your personal data to third parties in order to avoid any confusion. It's one thing to go through KYC on the stock exchange for the withdrawal of large sums, and another thing to pass it for airdrop.

[kewlc3s]

For ICO KYC might be important because of AML.

For airdrops and bounties is ridiculous, we are not investing any money, so there could not be any money laundering.

It is just funny. Main purpose collect personal data, or avoid payments.

[YoungMaster]

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

KYC on a small airdrop sounds bad and risky. Moreover the rewards which is given not really big, So you should re-think about it whether you want to give your passport/national identity in return for just less than $10.

[Ramtapsbtc]

It is just funny. Main purpose collect personal data, or avoid payments.

Funny tactics for some bounty/airdrops to ask for personal documents in exchange of penny. When can we people learn that our personal data is not for sale and it is important to protect our privacy.

[ableh]

Airdrop requires KYC? That must be funny. Some ICO that belongs to countries that impose regulations on KYC do require it but indeed disgusting. I dont like it personally giving my personal information to someone/people I do not know. I feel that can be used against me anytime at any reason they want but when it comes to airdrops, its unreasonable. My identity is more valuable than the residue income I’ll be getting from airdrop. Better not give them at all.

Even though it sounds funny but the fact is now some airdrop and bounty need KYC to avoid Anti Money Laundry (AML). If you don't want to give KYC to them, it's better to ask them first before joining. Actually I also don't like KYC, because after I give it to them a few days later I always get offers about the token sale other platforms and spam messages that come to email