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Author Topic: KYC  (Read 11354 times)
MCJamison1987 (OP)
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KYC
November 23, 2018, 08:35:02 PM
 #1

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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November 23, 2018, 09:35:17 PM
 #2

I think KYC is very ridiculous process for airdrops because we don't get enough token for make KYC
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November 23, 2018, 09:57:40 PM
 #3

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.

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November 23, 2018, 11:13:27 PM
 #4

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

it is really unnecessary for airdrops, because most of these airdrops do not have a project or platform at all they are a plain and simple pump and dump coin with nothing to offer to the community, they will just collect your data or they will just dump their bags with your help.
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November 23, 2018, 11:32:26 PM
 #5

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
And then what make you think to stikk join on that airdrop while you have known if that's not worth to participate on that airdrop? You should re-think before try to join any penny airdrop that give you some pennies (this is not actually work consider there was a lot of chance to be a scam airdrop)
Just curious about what's your reason.

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November 23, 2018, 11:37:06 PM
 #6

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

I greatly sympathize with your views on this opinion. I think KYC is not needed with airdrop and bounty member because of the Token reward is slight. KYC is insignificant and makes people waste of time. It will be suitable for the investors who spend a lot of money on this ICO projects.


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Winterizing
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November 23, 2018, 11:38:29 PM
Last edit: November 24, 2018, 12:02:39 AM by Winterizing
 #7

I think KYC in small airdrops are not worth it and kind of shady because you don't even know where will they use your information given to them. I think airdrops like this should be avoided immediately. There are many airdrops in the market and if you see KYC don't do it.

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November 23, 2018, 11:42:19 PM
 #8

what I think about KYC, is the complexity that I have to face. when I want to participate in a bounty campaign, and in the project it is required to complete a very difficult KYC, then I will choose not to follow the project's bounty campaign that.
My question is, is filling the KYC a must do for bounty hunters? that only aims to work?
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November 23, 2018, 11:46:58 PM
 #9

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

Kyc for airdrops is ridiculous and very bad why reveal identities for small tokens worth 2$
Kyc for bounties is worse, but what can bounty hunters do to avert such situations

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But the future should be better I believe
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November 23, 2018, 11:47:33 PM
 #10

KYC for small airdrops? do you think that is worth it for your identification? that doesn't make sense if you are going to claim such airdrops in exchange of your ID's. They say that it can be a way to determine a 1:1 ratio of participants but you can't also deny of thinking another side.

And that is collecting information of those participants with that airdrop and they have the capacity to use it with anything that they want. This is what concern most of the people here.

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November 23, 2018, 11:50:19 PM
 #11

My friend, as you are newb, here you are a good advice.

Never pass a KYC, especially for receiving no name tokens, like fresh airdrops etc. You personal data would be used by third part and it is very serious

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November 23, 2018, 11:51:58 PM
 #12

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

I only gave my credentials to legit ICO because they are compliant but not to this airdrops where all the developers are anonymous and we have no way of knowing what they are up to because in airdrops we are not customers at all, so why they want a KYC.
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November 23, 2018, 11:59:13 PM
 #13

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

For airdrops requiring KYC? I wouldn't risk my personal data for the sake of getting what? $1-$5? Lol. Its like your selling your own information to a total stranger and you don't know what they're going to do with it. So I advise bounty whores to stay away and not take the risk.

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November 24, 2018, 12:48:47 AM
 #14

When will growth begin?
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November 24, 2018, 12:52:20 AM
 #15

When is growth?
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November 24, 2018, 01:46:31 AM
 #16

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

I think it will depend upon the amount that you will going to receive from that airdrop that if you will receive a considerable amount of tokens then for me KYC is not a problem but it you will just receive a waste of time figures then better forget your airdrop requirements as they might just sell your data.
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November 24, 2018, 01:48:39 AM
 #17

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

If you think it is not really necessary, then do not provide your very confidential information. Small airdrops doesn't really benefits you and providing your information might be dangerous also to you, since you cannot really trust their program.

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November 24, 2018, 01:51:05 AM
 #18

I think submitting KYC is OK if allocation is high and if reliable project. Otherwise for a small amount of tokens submitting KYC can be lead to disclose our private information to worthless things.

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November 24, 2018, 01:54:39 AM
 #19

I think submitting KYC is OK if allocation is high and if reliable project. Otherwise for a small amount of tokens submitting KYC can be lead to disclose our private information to worthless things.

Lol. Its airdrop we've talking here, how can be the allocation is high? Its less than $5 to say the least, are you willing to trade your personal identification for that? So its obvious that the answer is NO, here airdrop is worthless.

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

I think it will depend upon the amount that you will going to receive from that airdrop that if you will receive a considerable amount of tokens then for me KYC is not a problem but it you will just receive a waste of time figures then better forget your airdrop requirements as they might just sell your data.

How much do you think that you can get from airdrop that it worth to give your information? I'm just curious.

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November 24, 2018, 02:22:49 AM
 #20

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
KYC is very complicated and not comparable if the project we are following is unclear and the project does not have a product. however, if the project has definite objectives and original products, it is not too difficult to send KYC for prizes that are comparable to the work we do.
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