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Author Topic: KYC  (Read 11354 times)
-Newera-
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December 20, 2018, 07:03:47 PM
 #121

I do not think much of KYC either. Especially not at Airdrops, in which one participates. I would not advise anyone to do an Airdrop KYC. You never know what to do with your data or where it ends. These data can also be sold and you will probably learn the consequences later. If you're traveling to another country, suddenly you can not get out because your personal information has been banned. This is just an example scenario.
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nikola22
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December 20, 2018, 07:05:37 PM
 #122

don't even think to make KYC for any airdrop because highly likely the project is just scam that collects user's data for their own use.

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December 20, 2018, 07:53:56 PM
 #123

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

If there is an airdrops happens here in the forum and requiring everyone to submit KYC, all I can say is that they are the most
insane and ridiculous airdrops I've ever seen here. That is obviously very suspicious, why are you giving your personal information where
the return of it is just a piece of shit amount of payment for you.
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December 20, 2018, 07:56:15 PM
 #124

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

I think KYC should not be very complicated. It doesn't solve anything anyway. Entering passport data from the photo, it's too much

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December 20, 2018, 08:06:17 PM
 #125

I generally think that participation in airdrops is meaningless. And if they require more KYC, I would not risk giving my personal data.
Huntler1993
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December 20, 2018, 08:44:01 PM
 #126

Most at times, and this really deter people from even joining such airdrops and bounties at large. How can you give out your personal details to an unknown person for 20 USD or something less. Well  I mostly don't join such projects so its actually about choices.
KKH84
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December 29, 2018, 04:45:49 AM
 #127

KYC is a very important process for token sales and bounties, because it helps to identify fraud users and scammers that are trying to trick the team. But I would never take part in an airdrop that requires a KYC, because I do not want to risk my personal information for some pennies.
if the project is run an airdrop in which it is necessary to pass a KYC - this means the project is a scam. this is just my opinion. I just think that collecting data to participate in the air drop it is nonsense


Yes, I think so too, airdrop doesn't need to be KYC because I think it's just a free, different if it's a bounty because it's a job, because work requires requirements to be accepted.
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December 29, 2018, 04:49:03 AM
 #128

For me kyc is only for whitelisting for early buyer . Air drop is a big no no
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December 29, 2018, 04:55:05 AM
 #129

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
I think KYC is really unnecessary for bounty campaigns. Because bounty hunters only advertise their projects, there is no reason for them to provide KYC to the project owner.
KYC is only suitable for buying tokens and trading on exchanges

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December 29, 2018, 10:55:22 AM
 #130

This procedure can be used to check the token sale participants and maybe bounty hunters that are going to receive a large pool of tokens, but it cannot be used for an airdrop where you would get 1 USD at the end.
rommelo24
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December 29, 2018, 11:07:41 AM
 #131

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

Airdrops doesn't should not require a KYC. This not a big time deal that needs your personnal information. It is a waste of time.
crypt0.r3negades
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December 30, 2018, 11:38:41 PM
 #132

Yes it will be complicated, especially when the kyc that you want to join, lacks you a requirement. But passing the kyc would give you a good rewards. But make just sure that you choose a legit project.

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December 30, 2018, 11:44:05 PM
 #133

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

It is really not necessary, for bounty hunters, why would you risk sending your vital information for a few cents of useless coins, maybe for the airdrops it is to prevent double account, but on the side of the claimants it is not recommended at all.

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December 30, 2018, 11:55:04 PM
 #134

I hate KYC process,but there is nothing to do with KYC. I must to pass it, it is a requirement for me, so I just pass it! That's it!
OneCoinMan
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December 30, 2018, 11:58:04 PM
 #135

Very controversial situation in my opinion. Startups are very young and I just can't know whether to trust them or not. Personal data is not a toy, in bad hands it can become a weapon.

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Eugenar
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December 30, 2018, 11:59:16 PM
 #136

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
It is sometimes unnecessary but it is important in my opinion especially in bounty programs. It is prohibited to use multiple accounts in bounties and it happened that in KYC such modus can be detected since there will be identification needs. This will therefore promote equality between participants. It is indeed costing time but if following such rule would promote equality, let's just do it to avoid problems to occur.
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December 31, 2018, 12:08:09 AM
 #137

Very controversial situation in my opinion. Startups are very young and I just can't know whether to trust them or not. Personal data is not a toy, in bad hands it can become a weapon.
+1 here, everyone should be aware of the dangers regarding KYC because you are giving very sensible personal data to complete strangers. Of course, you can check about the team, but if it's a scam ICO the pictures a fake and your personal data lost if the team members are idiots.
Always avoid KYC because it's dangerous for everyone.

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patz22
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December 31, 2018, 12:58:28 AM
 #138

It is not worth it if you will do it for airdrops specially for those suspicious ones as they nay only steal your identification but for other campaigns which I believe most of it are because of regulation thats not a problem with me. KYC will definitely give an advantage for honest bounty hunters.
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December 31, 2018, 02:08:50 AM
 #139

In a project sometimes it is necessary for kyc, although not all of them, I think if what is needed is personal data such as ID card, it is not the most important problem for the participants' personal data to be protected, as long as the data needed is needed for participants.
Lolox
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December 31, 2018, 03:58:41 AM
 #140

The application of KYC will be right when placed on a program that is able to generate good profits. If the reward generated does not have a high enough value of the benefit, it will make you lose the effort you have given to crypto. If KYC is applied to airdrops, it's very ineffective, it's better to avoid it.

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