Am done with KYC

[batang_bitcoin]

But there are still many projects that use KYC procedures that can succeed and continue to grow. I think this all depends on how we determine the ICO project. If we continue to struggle and make our choices more carefully, surely there will be a reliable ICO project.

There might be reliable ICO projects but they are very few.

I don't think that it is really worth to use your IDs with a random project, yes you need to make your choices carefully mostly if your identity is involved for the approval.

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[waynechong1995]

KYC is not cool though, by providing to them it's a form of liability for them to not misuse and such, but seems like fishy, weak, scammy projects are too busy masking rather than care about our identity, honestly I don't give my real identity online after a certain period too where many projects use KYC to create some sort of premium and exclusive feeling but just doesn't have the firepower to keep the project goes on

[TIDOVEE]

I don't think I will ever like all the KYC palava maybe until we have no other choice that to do the KYC compulsorily , and I want to believe by then, they would have also known what they are doing. I always claim to defend the idea of KYC but I still see it as trying to make things unnecessarily difficult. Which to me is not producing something better than many other nonr KYC requesting project's.

[Mianae]

Let's get one thing straight KYC is not a true representation of success some projects conclude their ICO exercise without investors doing KYC yet they're successful KYC came up in order to ensure the right investors invest in a project KYC shouldn't be done for bounty participants they're not investors.

[smyslov]

There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

KYC or no KYC it is still the project and the developers behind the project that matters, I can do KYC for a good project with good potential and will not do  KYC to an ICO that cannot offer transparency and I think will only scam people it's how I perceived the project based on my criterias.

[reynald70]

There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle

KYC or no KYC it is still the project and the developers behind the project that matters, I can do KYC for a good project with good potential and will not do  KYC to an ICO that cannot offer transparency and I think will only scam people it's how I perceived the project based on my criterias.

Yes, I also do KYC only for projects that really have good potential for the future, because if you only do KYC for bad projects, I'm afraid my identity will be at stake.

[leea-1334]

It depends, we have to really know them before giving personal data, that is, look at their team, is it transparent, are they real? Look for information, reviews, if project is quality and real, we will find reviews from major websites such as BitcoinExchangeGuide, updates from ICOdrops, or from their partners.

If for an exchange, almost same, find information, see reputation, review.
Not promising, but minimizes risk.

Before even thinking of giving away anything, not just your identity, this should be done! Do all your own due diligence. Do they really even merit our attention? Our support? Our money and time?

Just because they are real people does not mean their project is genuine. Look at Dan Larimer. Look at Craig Wright! Their projects are almost totally just scammed up code.

[junkerr]

Yes, I also do KYC only for projects that really have good potential for the future, because if you only do KYC for bad projects, I'm afraid my identity will be at stake.

sometimes there are some projects that request KYC at the beginning of campaign, and we don't know the clarity of the future of the project. then how can we judge our KYC as feasible or not to be given to the project registration? not a few of them are asking for KYC at the beginning, but that does not guarantee the project will be successful.

[biznes35]

In many projects where I have provided my personal data I have been paid, but there are also projects that have deceived me. I believe that KYC is necessary only for developers.

[Mr.grin]

In many projects where I have provided my personal data I have been paid, but there are also projects that have deceived me. I believe that KYC is necessary only for developers.

well, because of that, we certainly have to really choose in this matter. well, we can't give anyone our identity. but, when it is really needed, with the right reasons, and appropriateness for them, and also us, of course it is appropriate to give our identity. however, some projects are not feasible. well, that's my thinking.

[Mikell556]

KYC is a big danger. A crypto market was created in order for people to be free and able to pay anything while remaining anonymous. however, many projects and exchanges have forgotten about this and have us all do the KYC procedure. I consider that it is necessary to announce baukot to such projects. And then they will change their mind. While we are all silent, they will continue to force us to pass through KYC.

[StephenJH]

KYC is a big danger. A crypto market was created in order for people to be free and able to pay anything while remaining anonymous. however, many projects and exchanges have forgotten about this and have us all do the KYC procedure. I consider that it is necessary to announce baukot to such projects. And then they will change their mind. While we are all silent, they will continue to force us to pass through KYC.

Why do you think KYC can hurt the crypto industry and investors? Bounty hunters are crying for taking more tokens in token sales and they don't care about the development of the project,honestly.

[Danslip]

KYC is usually used against the bounty hunters and big investors. It is sad to see using the KYC as a tool against project users but we have no choice except accepting this fact.

[lizarder]

indeed I myself am very lazy to give kyc to the project from bounty or airdrop because it does not guarantee to get enough rewards indeed some projects offer 20-100 $ but for rewards below 20 $ also many who ask for personal data for the cyc

[Ben Shedly]

Many people are dissatisfied with KYC and say that this is all contrary to anonymity on the crypto market. However, I want to say: look at the crypto market for scammers. If every person, from a simple trader and investor, to a creator of new projects and owners of stock exchanges, put his KYC on display, we would exist without scammers on the crypto market.

[jaywizzy]

I think kyc should not be mandatory especially for bounty hunter and if kyc is necessary, should just be verification
of  email. But as for me I am not involving in any project that require kyc because at the end you may not be rewarded.

[yapa ve yalniz]

i never share my information with kyc. Because I don't know what's gonna happen to me. I find it absurd to give kyc except for certain reliable exchanges.

[dimox]

its good when they ask kyc at the first they make bounty campaign. some people that have problem can choice other bounty and some that not problem can join there. the problem when they ask in the end of campaign and like what you say before about they are die. its not a problem if they listed in exchanger and ready to trade that coin and they ask about your information

[Nezerlan]

You may have a point there. But I can confidently tell you that people do get paid even from bounties requiring kyc. I think what matters is the kind of demand a project has. If demand for it is much then definitely it will do well when listed. But most projects out there are just fantasies that are not realistic and that is why they end up struggling and eventually dying out

[Nitori_m]

Honestly I have done some kyc and in that moment I believed in the project but now in hindsight I think it kyc for bounty hunters is slightly uncalled for.