Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Macjaja24 on April 11, 2024, 10:07:14 PM
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As the bull run approaches, I'm hunting for promising tokens while my hunger for airdrops keeps increasing lol.. Recently, I discovered Masa on X and was impressed by its achievements. As documented in their whitepaper , masa graduated from Binance's program and securing funding from investors like Anagram and Digital Currency Group.. but i still don’t know if this is enough ground for a project to remain bullish. And if it’s ideal to let our personal data get modified for extra stipends since that’s what the project is all about..
Checked through their community and could feel the activeness in it , although also noticed most investors are more keen on the airdrop they are yet to get .. you think it’s a pass or a fade ? Notwithstanding still got eyes on it to see where Masa goes next market phase.
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Answering your post question No if those datas are used for nefarious action it would lead to losses than you can gain from them. What's the essence of hiding the key to your safe when you have already shared the key to another. If the team choose to sell the data to hackers. The user could be subject to social engineering and can not just lead to loss of fund but privacy. As one dealing with cryptos whose transactions ain't easy to trace, we should try to exercise caution and protect our identity. Selling personal data is not worth their stipends. It's like placing a price in your future. Maybe am over reacting but you understand what am trying to emphasize.
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I never do airdrops again because of the new requirements of doing KYC I don't buy their idea to avoid cheating, because we never know where our vital information will go if the platform suddenly vanishes, there were reports that these developers launched airdrops because they want to collect vital information that they can sell in the black market.
This is very scary, imagine your sensitive information being used by scammers and hackers for their activities, this will put you in big trouble in the future.
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Right from my belonging here i have always had this mindset that airdrop are like kind of getting people trapped especially since is close to bull run all developers or projects owners looks for something very attractable to launched for people to come join their airdrops, without knowing that they are looking for a way to themselves into you either by having our personal information for doxing. This makes me stop doing some kyc's that involves a brief vide records with our ID or passport held together with paper and record for few seconds. This is the deadliest kyc to join because automatically our details are being caught off.
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Right from my belonging here i have always had this mindset that airdrop are like kind of getting people trapped especially since is close to bull run all developers or projects owners looks for something very attractable to launched for people to come join their airdrops, without knowing that they are looking for a way to themselves into you either by having our personal information for doxing. This makes me stop doing some kyc's that involves a brief vide records with our ID or passport held together with paper and record for few seconds. This is the deadliest kyc to join because automatically our details are being caught off.
I myself am currently not very interested in anything called an airdrop and have never followed it again, even though I used to follow it with very easy work and mediocre results. But I get a lot of information like now, including from you, that they are now asking for KYC and, for me, it really doesn't make sense to give personal information just to get something we don't know yet, and I also heard that currently airdrops are asking for payment even though on the grounds of gas fees.
I think it's not too late to avoid these things and there are many others that can provide something better than just an airdrop.
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Checked through their community and could feel the activeness in it , although also noticed most investors are more keen on the airdrop they are yet to get .. you think it’s a pass or a fade ? Notwithstanding still got eyes on it to see where Masa goes next market phase.
In short, you are sharing your personal information for the sake of the airdrop, correct?
If that's the case, I would rather wait for the token to be launched than giving out my personal information to some strangers out there. It's not worth the risk knowing that you are doing it in order to be eligible for the airdrop. Giving out tokens for free to different users doesn't guarantee a success towards the project. There's still a risk on it.
Now if you want to be involved on this project, I suggest to just wait for the token to get launched, and just buy it on any exchange where it is available. KYC for airdrops is a no-no.
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As the bull run approaches, I'm hunting for promising tokens while my hunger for airdrops keeps increasing lol.. Recently, I discovered Masa on X and was impressed by its achievements. Checked through their community and could feel the activeness in it , although also noticed most investors are more keen on the airdrop they are yet to get .. you think it’s a pass or a fade ? Notwithstanding still got eyes on it to see where Masa goes next market phase.
I am not so familiar with the Masa project (https://www.masa.finance/) which is calling itself as the leading ZK-Data marketplace and network where we own, share and earn from our data and applications with the use of AI. Now, it should be noted that I think the word data is not limited to information we personally possess and can have a wide implications most especially in our modern era. One of the main focus of this project is the use of AI and we can participate on its journey as an LLM (Large Language Model) which are artificial neural networks which we can use to train AI, an opportunity presented by this platform. Now, with its strong potential, will Masa be a good thing to invest with? That all depends on your appetite for risks and how you do the due diligence needed so good luck and more power to you.
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As the bull run approaches, I'm hunting for promising tokens while my hunger for airdrops keeps increasing lol.. Recently, I discovered Masa on X and was impressed by its achievements. As documented in their whitepaper , masa graduated from Binance's program and securing funding from investors like Anagram and Digital Currency Group.. but i still don’t know if this is enough ground for a project to remain bullish. And if it’s ideal to let our personal data get modified for extra stipends since that’s what the project is all about..
Checked through their community and could feel the activeness in it , although also noticed most investors are more keen on the airdrop they are yet to get .. you think it’s a pass or a fade ? Notwithstanding still got eyes on it to see where Masa goes next market phase.
Are you using your personal accounts, emails and mobile numbers for the airdrops? I think you should create different ones that does not expose your real identity and it all are intended for just the airdrop.
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Right from my belonging here i have always had this mindset that airdrop are like kind of getting people trapped especially since is close to bull run all developers or projects owners looks for something very attractable to launched for people to come join their airdrops, without knowing that they are looking for a way to themselves into you either by having our personal information for doxing. This makes me stop doing some kyc's that involves a brief vide records with our ID or passport held together with paper and record for few seconds. This is the deadliest kyc to join because automatically our details are being caught off.
I myself am currently not very interested in anything called an airdrop and have never followed it again, even though I used to follow it with very easy work and mediocre results. But I get a lot of information like now, including from you, that they are now asking for KYC and, for me, it really doesn't make sense to give personal information just to get something we don't know yet, and I also heard that currently airdrops are asking for payment even though on the grounds of gas fees.
I think it's not too late to avoid these things and there are many others that can provide something better than just an airdrop.
Any project doing airdrop at a time asking for gas fee to distribute airdrop rewards are scammers, this is the most reason why we should avoid them on time. I gain a lot knowledge from the other side of the forum and have came to understand that during bull run that is when we see lots of people including projects showing themselves up to either rebrand and rebuild their project at this process you would see people falling victim of scam and losing their hand earned money.
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Our personal data, although a part of society does not stop to think about it, is one of the most valuable things we have as individuals. Personally, I would never share my personal data with any company or people I don't know, as my personal data will probably end up being part of a long list of data waiting to be purchased on the dark web, and we already know what this data is usually used for: phishing, scams, identity theft..., it is something I see every day. I think it's better to get money to invest in other ways, but as always, it's a personal choice.
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KYC for airdrop is a pass for me. Giving out emails are still fine but submitting IDs and selfies is a big no. Maybe a lot of people already know who you are because of your social media but I suggest not to take further exposure. Look for airdrops that would distribute based on your holdings and/or your wallet interaction.
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MASA seems promising with its achievements like graduating from Binance's program and getting investments. Their narrative is interesting seeing people get paid for their personal data sharing; that's like giving people right to their data. So, with the current investors we have seen backing the project, MASA should go a long way. Although nothing is certain in the crypto space, I believe more enlistments on growing exchanges like bitget should bring more audience to the project . I also see that projects like saga whose focus are more of entertainment and gaming are gaining a lot of attention too. So is MASA really a fade or pass? time will tell
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I am on the side of those who value their personal data and do not give it to anyone if it is not absolutely necessary, especially if it is about projects that (mostly) are not able to protect such data, but very likely sell it to anyone who is ready to pay.
On the other hand, if these data refer to e-mails or mobile phone numbers, then anyone can create an additional e-mail or obtain an additional mobile number that has no connection with the real identity. Frauds and abuses that can result from stolen identity cards or passports are far greater than all the benefits that can come from any tokens. Moreover, it is possible that some crypto projects do not serve anything other than collecting personal data.
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I checked the website of the project, and though it looks a bit different than how you described it, it also says that the personally identifiable data will be encrypted, however, I wouldn't recommend sharing personal data with any project just to earn some money because it is not safe and it is completely against the basic purpose of cryptocurrencies which allows one to stay anonymous and keep one's identity hidden.
It also says that you can earn money by training AI models, it can only be understood how things would actually work if you read the complete whitepaper because you can't reach conclusions only after reading a few lines on the website.
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but i still don’t know if this is enough ground for a project to remain bullish. And if it’s ideal to let our personal data get modified for extra stipends since that’s what the project is all about..
The project looks interesting, but not a project I will quickly want to rush into until I am sure of the amount of personal details that I have to share, this is where DYOR comes in. There are some personal details that can be shared, because they cannot really pose a danger, but there are others that once shared can be used against us if it gets to the wrong hands.
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As the bull run approaches, I'm hunting for promising tokens while my hunger for airdrops keeps increasing lol.. Recently, I discovered Masa on X and was impressed by its achievements. As documented in their whitepaper , masa graduated from Binance's program and securing funding from investors like Anagram and Digital Currency Group.. but i still don’t know if this is enough ground for a project to remain bullish. And if it’s ideal to let our personal data get modified for extra stipends since that’s what the project is all about..
Checked through their community and could feel the activeness in it , although also noticed most investors are more keen on the airdrop they are yet to get .. you think it’s a pass or a fade ? Notwithstanding still got eyes on it to see where Masa goes next market phase.
In some cases, you will understand that the questionair already know the answer to their questions even before asking. I am convinced that OP knows selling your data for some cheap bucks is wrong. Maybe he is trying to get a reconfirmation from someone else, but I doubt he will have a contrary opinion here. Some of this new projects know they will fail, so they channel their efforts to data fetching, so that if plan A fails, Plan B will not.
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KYC for airdrop is a pass for me. Giving out emails are still fine but submitting IDs and selfies is a big no. Maybe a lot of people already know who you are because of your social media but I suggest not to take further exposure. Look for airdrops that would distribute based on your holdings and/or your wallet interaction.
I really don't understand why new projects need user's personal information. They only need users to promote, experience and report platform issues, collecting user data does not actually have any effect on the project. I know that some projects in decentralized ID or SocialFi sectors want users to perform KYC but it also puts users at risk of personal data abuse.
I don't even want to do KYC on CEX, there is no reason for me to do KYC with new projects, I don't trade my personal information for a few $!
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People are now looking for cheap airdrop and would trade their KYC for those coins. I'm baffle how people don't even know how important their data and personal information is serious. There is this coin that has been existing since 2018, they call it PI coin, people has been wasting their money on this coins for long, a lot of people has done KYC on this coin and yet they refuse to launch the coin.
Now imagine thousands and millions of data this company must have on user's on their fake projects. If they want to sell this data to any company, under few minutes, it will be transferred out and millions will be made on them because data is very expensive.
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but i still don’t know if this is enough ground for a project to remain bullish. And if it’s ideal to let our personal data get modified for extra stipends since that’s what the project is all about..
The project looks interesting, but not a project I will quickly want to rush into until I am sure of the amount of personal details that I have to share, this is where DYOR comes in. There are some personal details that can be shared, because they cannot really pose a danger, but there are others that once shared can be used against us if it gets to the wrong hands.
True, but platforms like meta has users data for free, why do that when you can monetize it with mass? Still raw concept imo but seeing their list of backers and investors, Oh boy they're doxxed. Someone mentioned masa on Bitget and few other cex already, but the market sentiment right now is bearish. Once Bitcoin dominance is down, I'll consider getting in.
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In some cases, you will understand that the questionair already know the answer to their questions even before asking. I am convinced that OP knows selling your data for some cheap bucks is wrong. Maybe he is trying to get a reconfirmation from someone else, but I doubt he will have a contrary opinion here. Some of this new projects know they will fail, so they channel their efforts to data fetching, so that if plan A fails, Plan B will not.
Or it is possible that @Macjaja24 thinks that his personal data will be stored on a hard drive on some server and that it will never “move” from that hard drive. There are people who still think that just by being connected to the internet they are 100% anonymous, even without using any type of anonymity tool, which is a serious mistake. And it doesn't matter if the personal data is encrypted or not, it wouldn't be the first time that encrypted databases have been stolen and it hasn't been long until they have broken the security.
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Well, I join the previous replies in arguing that it's not safe, and personally I haven't done it and wouldn't do it. I could understand it more for people who are struggling financially and could use what they get from the airdrop to eat, but that doesn't seem to be the case for the OP, who seems to think it's a safe way to make a few bucks.
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I got interested in airdrops but after learning about those airdrops I literally gave up on them. It's not worth it to share your personal data to get rewards that aren't worth it. I never spend anytime to grab those airdrops anymore. So, I'm not sure about Masa project and that's why I recommended you to avoid wasting time on those airdrops.
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I got interested in airdrops but after learning about those airdrops I literally gave up on them. It's not worth it to share your personal data to get rewards that aren't worth it. I never spend anytime to grab those airdrops anymore. So, I'm not sure about Masa project and that's why I recommended you to avoid wasting time on those airdrops.
It's true, Airdrop is currently not very profitable anymore, it's better if we have to work really to get better money and have a guarantee for the future, Airdrop will not provide good financial guarantees, everything is very risky and sometimes what you do in airdrop doesn't produce anything like what you have done so far.
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Airdrop will not provide good financial guarantees, everything is very risky and sometimes what you do in airdrop doesn't produce anything
I agree with you, airdrops aren't worth our time anymore and I agree that sometimes we lose money by fulfilling the requirements to grab those airdrops.
I totally avoid the airdrops because they want you to take actions that require some spending and in most cases we end up losing money in order to grab those airdrops.
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People are now looking for cheap airdrop and would trade their KYC for those coins. I'm baffle how people don't even know how important their data and personal information is serious. There is this coin that has been existing since 2018, they call it PI coin, people has been wasting their money on this coins for long, a lot of people has done KYC on this coin and yet they refuse to launch the coin.
Now imagine thousands and millions of data this company must have on user's on their fake projects. If they want to sell this data to any company, under few minutes, it will be transferred out and millions will be made on them because data is very expensive.
Yes, I believe everyone is willing to sell their data for money, and without you realizing it you have also sold your data to Google, Facebook or other social media where they don't even give you money directly, but they are the ones who get money from the data you send. .
The level of data sensitivity is really complicated, even poor people would be better off selling their data than not eating for a few days. That's why some people feel their data is more important, and some think that eating is more important. You cannot judge unilaterally, because everyone has different levels of needs.
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Yes, I believe everyone is willing to sell their data for money, and without you realizing it you have also sold your data to Google, Facebook or other social media where they don't even give you money directly, but they are the ones who get money from the data you send. .
The level of data sensitivity is really complicated, even poor people would be better off selling their data than not eating for a few days. That's why some people feel their data is more important, and some think that eating is more important. You cannot judge unilaterally, because everyone has different levels of needs.
If we talk about the data we have then there is a lot of data spread across several media, especially when you participate in an airdrop where data will be a very important thing to bet on, sometimes we have to use KYC to receive payments from the airdrop where the exchange rate is very cheap . So for the time being there is nothing that can provide security regarding the identity data that we have.
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Airdrop will not provide good financial guarantees, everything is very risky and sometimes what you do in airdrop doesn't produce anything
I agree with you, airdrops aren't worth our time anymore and I agree that sometimes we lose money by fulfilling the requirements to grab those airdrops.
I totally avoid the airdrops because they want you to take actions that require some spending and in most cases we end up losing money in order to grab those airdrops.
I don't participate in airdrops that often but I disagree that it's not profitable anymore. It's probably true in most cases but you are probably just unaware of the legitimate projects that drops tokens to early users of their platforms (testing of wallets, exchange, swaps). Recent airdrops from DEX and AMM on Solana have also been profitable.
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Yes, I believe everyone is willing to sell their data for money, and without you realizing it you have also sold your data to Google, Facebook or other social media where they don't even give you money directly, but they are the ones who get money from the data you send. .
The level of data sensitivity is really complicated, even poor people would be better off selling their data than not eating for a few days. That's why some people feel their data is more important, and some think that eating is more important. You cannot judge unilaterally, because everyone has different levels of needs.
If we talk about the data we have then there is a lot of data spread across several media, especially when you participate in an airdrop where data will be a very important thing to bet on, sometimes we have to use KYC to receive payments from the airdrop where the exchange rate is very cheap . So for the time being there is nothing that can provide security regarding the identity data that we have.
Yes, for some people data is not important, they will be willing to exchange their data for the money they will get. It is normal for this to happen, especially if someone has economic problems that require them to do everything they can to get money.
It is indeed very risky if we give out our personal data for free, but I also do this as long as I think the platform can be trusted to protect the data we give them.
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Airdrops does not worth my personal data because the amount they get are very little, and you data can be used against you by people that do not like you. I think it is better to look for a job and invest in bitcoin and hodli for long. This will be better instead of looking for Airdrops which is never beneficial. After the bull run some of those coins will never survive the market, because they were created to scam people.
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I don't participate in airdrops that often but I disagree that it's not profitable anymore. It's probably true in most cases but you are probably just unaware of the legitimate projects that drops tokens to early users of their platforms (testing of wallets, exchange, swaps). Recent airdrops from DEX and AMM on Solana have also been profitable.
I know that in so many airdrops a few of those could give profits to the ones who participate in such airdrops but most of those aren't profitable and that's why I believe that spending your time/money to grab those airdrops isn't worth it. I won't disagree with you about those limited less than 1% airdrops that might be profitable but I still won't agree to spend my time/money on such airdrops.
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It is never a good decision to share your personal data because of hackers.
You can be hacked more esily when someone knowns more about you.
If you can avoid sharing your data, you should avoid it.
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Personally, I have no problem sharing personal data or KYC in the cryptocurrency industry. Whether it's Airdrop or something else, what we need to pay attention to is the project. If the crypto project is not convincing, it's best not to, but if the crypto project or Airdrop is clear, please do it. Because we often do KYC for crypto exchanges, so that's not a problem for me.
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If it's for an airdrop, I won't share my detailed information, if I see a price that's not commensurate with our personal data, because basically crypto is anonymous, so if there's one of the airdrops that requires personal data to claim, I'd better leave it.
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As the bull run approaches, I'm hunting for promising tokens while my hunger for airdrops keeps increasing lol.. Recently, I discovered Masa on X and was impressed by its achievements. As documented in their whitepaper , masa graduated from Binance's program and securing funding from investors like Anagram and Digital Currency Group.. but i still don’t know if this is enough ground for a project to remain bullish. And if it’s ideal to let our personal data get modified for extra stipends since that’s what the project is all about..
Checked through their community and could feel the activeness in it , although also noticed most investors are more keen on the airdrop they are yet to get .. you think it’s a pass or a fade ? Notwithstanding still got eyes on it to see where Masa goes next market phase.
I'm not sure if you can still participate in the airdrop and if it would be worth it to submit your KYC.
As per X update,
MASA Airdrop Update - The Airdrop Claim will go live after 30 days (11th May) of MASA Token and Network Launch.
The launch of their token and the listing was done on April 11, 2024. The 30-day period will be when they will release the eligible users who can claim the token. Therefore, there's a high chance that participating in this airdrop was already done.
But you can double-check to confirm by yourself if the airdrop participation is still ongoing.
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Personally, I have no problem sharing personal data or KYC in the cryptocurrency industry. Whether it's Airdrop or something else, what we need to pay attention to is the project. If the crypto project is not convincing, it's best not to, but if the crypto project or Airdrop is clear, please do it. Because we often do KYC for crypto exchanges, so that's not a problem for me.
The airdrop project cannot guarantee its success and sometimes the KYC that we carry out on their platform cannot guarantee that the data you provide is stored properly and safely. So far, on the dark web, a lot of cryptocurrency user data has been leaked and sold at quite cheap prices.
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Yes, I believe everyone is willing to sell their data for money, and without you realizing it you have also sold your data to Google, Facebook or other social media where they don't even give you money directly, but they are the ones who get money from the data you send. .
The level of data sensitivity is really complicated, even poor people would be better off selling their data than not eating for a few days. That's why some people feel their data is more important, and some think that eating is more important. You cannot judge unilaterally, because everyone has different levels of needs.
I think it's not about that. It is not the same as Facebook or Google knowing that you prefer to buy an AMD GPU instead of an Nvidia one, or your real name and address, or that some company tries to scan your iris with the promise of deleting that information, which is a lie. There are several ways to prevent Google, for example, from having our data. It is also 100% effective and simple, not using any of Google's products (something that the world's population has become accustomed to for 26 years). Surely there will be people who will say that this is impossible, but it is perfectly possible, we just have to look for solutions.
For many years there have been multiple alternatives to Google (also Facebook, X, Gmail, Instagram etc.) that meet the standards, but people prefer to continue using what they already know and know how to use, even if it costs them their privacy. The learning curve is not difficult, nor is it necessary to have advanced technical knowledge, it is all a question of convenience versus privacy.
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Personally, I have no problem sharing personal data or KYC in the cryptocurrency industry. Whether it's Airdrop or something else, what we need to pay attention to is the project. If the crypto project is not convincing, it's best not to, but if the crypto project or Airdrop is clear, please do it. Because we often do KYC for crypto exchanges, so that's not a problem for me.
The airdrop project cannot guarantee its success and sometimes the KYC that we carry out on their platform cannot guarantee that the data you provide is stored properly and safely. So far, on the dark web, a lot of cryptocurrency user data has been leaked and sold at quite cheap prices.
There is no guarantee that our personal data will be safe in airdrops or other reward projects, because our data can be bought and sold. I never agree to share our personal ID there, except on a reputable exchange. because it's safe.
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Personally, I have no problem sharing personal data or KYC in the cryptocurrency industry. Whether it's Airdrop or something else, what we need to pay attention to is the project. If the crypto project is not convincing, it's best not to, but if the crypto project or Airdrop is clear, please do it. Because we often do KYC for crypto exchanges, so that's not a problem for me.
The airdrop project cannot guarantee its success and sometimes the KYC that we carry out on their platform cannot guarantee that the data you provide is stored properly and safely. So far, on the dark web, a lot of cryptocurrency user data has been leaked and sold at quite cheap prices.
Therefore, we have to be careful if we want to do KYC, pay attention to whether the project is convincing or not. Usually Airdrops that require KYC are Airdrops from new exchanges, like it or not we have to do it because that is usually a condition for us to be included in the eligible list.
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It is never a good decision to share your personal data because of hackers.
You can be hacked more esily when someone knowns more about you.
If you can avoid sharing your data, you should avoid it.
The only problem is that sometimes we need to take the risks just to make profit and gains but the only thing here is that we don't know when and who are the bad actors that is why sometimes we can be victims. I personally don't use real identity online even in my social media accounts just to hide myself from prying eyes. Here in my place a lot of people are victims of this thing identity theft becaus they post everything on their socmed and there even an incident that thief use socmed to commit burglary and successfully ransacked and get all of valuables including the cctv as the poor owner posted something that they are out of town and that mistake draws everyones attention and that serves as a lesson for us all to never expose yourself as a target online and offline.
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There is no guarantee that our personal data will be safe in airdrops or other reward projects, because our data can be bought and sold. I never agree to share our personal ID there, except on a reputable exchange. because it's safe.
The problem is that private data is not safe anywhere, not even in companies that claim to have the best security in the world. Darknet is full of websites and forums where we can buy millions of private data for a few dollars in XMR. And even if you believe otherwise, exchanges are not 100% secure, another different thing is that nothing has happened “yet”. Always remember that not even armies can guarantee 100% security, even if they dedicate huge budgets to cybersecurity. The human factor is always the most important, and the one that can ruin everything, misuse, bad security practices, reuse of passwords... All of that may seem silly, but it is not at all. That's why I'm always against sending my private data.
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If I personally, to be honest, I would prefer to avoid or not carry out various activities that require me to provide my personal data, especially providing photo ID and so on. I will try to stay away from it because it is very risky. It's enough for me to do it at the local CEX in my country because that's one way I can make withdrawals to my bank account. Otherwise, I would choose not to do it. Likewise with KYC or providing data to certain platforms to get rewards of airdrops. If it can be faked and done without a photo ID, then I can do it, but if it has to be done with a complete KYC system and with ID then I will stop immediately.
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Therefore, we have to be careful if we want to do KYC, pay attention to whether the project is convincing or not. Usually Airdrops that require KYC are Airdrops from new exchanges, like it or not we have to do it because that is usually a condition for us to be included in the eligible list.
It seems like there are a lot of airdrop projects and every market asks us to do KYC. To be honest, it's very risky if we use our identity to participate in the Airdrop. But for exchanges, I think it's still quite safe because I'm sure the exchange will definitely protect the data well. provided by users because they have valid laws and when they abuse it they have the potential to be sued by many people.
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There is a say, " Data is the digital gold"
So you are giving gold to get tokens that may or may not have value.
Personally, I prefer my privacy over few bucks but everyone have their own choices but you need to understand the risk of giving out your sensitive information to everyone online will make the chances of getting the details sold for scammers/hacker which they might use it to impersonate an attack or they simply launch attack on you.
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There is a say, " Data is the digital gold"
So you are giving gold to get tokens that may or may not have value.
Personally, I prefer my privacy over few bucks but everyone have their own choices but you need to understand the risk of giving out your sensitive information to everyone online will make the chances of getting the details sold for scammers/hacker which they might use it to impersonate an attack or they simply launch attack on you.
But not everything is bad, we can share our data via KYC if it is really necessary or as a main requirement for us to be nominated. Our personal data is very important, therefore we must be careful when carrying out KYC.
If it's just for an Airdrop event, it's best not to, unless we're doing KYC for a crypto exchange.
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There is a say, " Data is the digital gold"
So you are giving gold to get tokens that may or may not have value.
Personally, I prefer my privacy over few bucks but everyone have their own choices but you need to understand the risk of giving out your sensitive information to everyone online will make the chances of getting the details sold for scammers/hacker which they might use it to impersonate an attack or they simply launch attack on you.
But not everything is bad, we can share our data via KYC if it is really necessary or as a main requirement for us to be nominated. Our personal data is very important, therefore we must be careful when carrying out KYC.
If it's just for an Airdrop event, it's best not to, unless we're doing KYC for a crypto exchange.
When we are providing KYC documents to get verified in a reputed crypto platform is considered to be safe or atleast we can trust their reputation that they won't be abusing our data but it's completely different from giving the data to random airdrops which may not have any real identity of who is behind the project.
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Safe to share your personal data for extra stipends ?
When we decide to share our data with other people or a platform, it means that it will not guarantee safety. Because, they also cannot guarantee 100% that our data will be truly safe. So, when we have provided the data, it means we are making our privacy more open. It's always a risk and the risk definitely exists.
Checked through their community and could feel the activeness in it , although also noticed most investors are more keen on the airdrop they are yet to get .. you think it’s a pass or a fade ? Notwithstanding still got eyes on it to see where Masa goes next market phase.
Just be careful when participating in new projects. An active community does not mean that the project is truly legit. because currently, there are many ways to create active fake communities. But man, not everything is like that. Maybe there really are some that are truly legit. Therefore, a deeper and more comprehensive analysis of the project is needed. However, if you are a little unsure, it is better to limit yourself when participating. Not to give them our personal data, don't give them money or deposit money, or even give them access to our password. The most important thing is to stay alert. There's nothing wrong with just providing the wallet address, but not the access method.
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When we decide to share our data with other people or a platform, it means that it will not guarantee safety. Because, they also cannot guarantee 100% that our data will be truly safe. So, when we have provided the data, it means we are making our privacy more open. It's always a risk and the risk definitely exists.
You're right. There is no guarantee for the safety when we share our data. It is better to keep the secret of our data if it is not really needed to share it. There is no platform that can guarantee our data, even our data can be stolen in the top exchanges in the world. Sure, when we share our secret information, it means to let the possible risks for our personal data in the future. It is not a wise idea, just try to keep it secretly.
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When we decide to share our data with other people or a platform, it means that it will not guarantee safety. Because, they also cannot guarantee 100% that our data will be truly safe. So, when we have provided the data, it means we are making our privacy more open. It's always a risk and the risk definitely exists.
You're right. There is no guarantee for the safety when we share our data. It is better to keep the secret of our data if it is not really needed to share it. There is no platform that can guarantee our data, even our data can be stolen in the top exchanges in the world. Sure, when we share our secret information, it means to let the possible risks for our personal data in the future. It is not a wise idea, just try to keep it secretly.
Actually, I think this is a dilemma, if we don't share data on exchanges we can't carry out larger transactions, because we know that large exchanges require KYC. And until now, Binance is a reputable exchange, I have not heard any bad news about them selling our data. So in my opinion, we can share data with exchanges that have a good reputation, even though sometimes we have doubts there because there are no rules that protect our data.
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As the bull run approaches, I'm hunting for promising tokens while my hunger for airdrops keeps increasing lol.. Recently, I discovered Masa on X and was impressed by its achievements. As documented in their whitepaper , masa graduated from Binance's program and securing funding from investors like Anagram and Digital Currency Group.. but i still don’t know if this is enough ground for a project to remain bullish. And if it’s ideal to let our personal data get modified for extra stipends since that’s what the project is all about..
Checked through their community and could feel the activeness in it , although also noticed most investors are more keen on the airdrop they are yet to get .. you think it’s a pass or a fade ? Notwithstanding still got eyes on it to see where Masa goes next market phase.
Hackers and scammers have now evolved too and have device new ways to steal from people and if you're not careful, you might just end up being one of tgeir victims. I wouldn't advise using your real personal details to enroll for any sort of earning opportunities online, you can create a second email or get another number if required, because using your personal details might be putting yourself in harms way. Hackers can easily access your phone or other accounts on your phone that's linked to the email and phone number you provide them. So I'll strongly advise not to expose your personal details.
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You know how important our data's mate so try to secure them in any forms specially when you are just hunting for free tokens/airdrops .
not sure if what is this you are asking because you can use dummy details in emails and other asked from the team if you don't know how secure that said project is.
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People are keep on trying to be anonymous in crypto but in their social accounts they provide their real identity. Honestly, in most cases here in crypto I have provided a KYC especially in CEX. And once we provide our identity, we have no idea what their plan on it. So in this case, it doesn't matter if you provide KYC, just pick out the right platform to provide your identity by doing a deep research on it.
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People are keep on trying to be anonymous in crypto but in their social accounts they provide their real identity. Honestly, in most cases here in crypto I have provided a KYC especially in CEX. And once we provide our identity, we have no idea what their plan on it. So in this case, it doesn't matter if you provide KYC, just pick out the right platform to provide your identity by doing a deep research on it.
Yeah same here, the only risk providing personal details in KYC is data breach or the platform might sell your identity. We should not provide personal details here online or else something we don't expect will happen just like identity thief whoch is quite common online especially social media.
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As the bull run approaches, I'm hunting for promising tokens while my hunger for airdrops keeps increasing lol.. Recently, I discovered Masa on X and was impressed by its achievements. As documented in their whitepaper , masa graduated from Binance's program and securing funding from investors like Anagram and Digital Currency Group.. but i still don’t know if this is enough ground for a project to remain bullish. And if it’s ideal to let our personal data get modified for extra stipends since that’s what the project is all about..
I am also hungry for airdrops, but my stomach is not taking them all in, as it's small and airdrops are a lot. This means some are paid, and some are time-consuming, and I am amazed to see the rate at which they keep coming. I am in various TG groups and all of them bring almost 50 messages daily, some are repeating while mostly are not. I am trying hard to join them all but am unable to do so.
Besides, I don't think its wise to sell or modify your personal data for some funds, and it also depends on the type of the data we are using, if its email, number, then that's another thing, but if its our ID cards then that's matters, but we can trust big projects which are legit. And let me remind you that, we should not raise our hopes with one or two airdrops and sit idle until they give us some results. In airdrops we have to keep joining them all.
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People are keep on trying to be anonymous in crypto but in their social accounts they provide their real identity. Honestly, in most cases here in crypto I have provided a KYC especially in CEX. And once we provide our identity, we have no idea what their plan on it. So in this case, it doesn't matter if you provide KYC, just pick out the right platform to provide your identity by doing a deep research on it.
Yeah same here, the only risk providing personal details in KYC is data breach or the platform might sell your identity. We should not provide personal details here online or else something we don't expect will happen just like identity thief whoch is quite common online especially social media.
I saw a post about selling identity or data breach in the other forum where he was accused for a crime without his knowledge. Maybe one of the reason was providing personal information in the social accounts, not only in crypto platforms. If ever the owner of a site sold your identity to others, we didn't know what they will do to it but usually they use it for crime. So in order to avoid this, especially if you are a wealthy person who are likely to travel outside the Country most of the time, then don't do a KYC at any platform or any social accounts to avoid this kind of problem in the future.
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Yeah same here, the only risk providing personal details in KYC is data breach or the platform might sell your identity. We should not provide personal details here online or else something we don't expect will happen just like identity thief whoch is quite common online especially social media.
Whether they at going to sell your information or they are going to use it for experiments or for personal use of testing some applications, there is nothing good in giving out your information. Even Google that we voluntarily gives our information to is not a good idea but because we don't have another option, just have to let them access part of our information.
Anything could go wrong, there could be a data breach and your information can be sold even in dark web where bad things happen, just imagine another person using your information to buy illegal items on the dark web.
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This is one of the reasons I do not fancy engaging in Airdrops that requires one to undergo KYC for payment or participation. Of a truth in the Crypto space, transactions and activities should be anonymous and remain unknown just as it was designed to but these days regulations by the government have deeply eaten into Crypto.
It is certain that airdrop that requires KYC is likely not going to sustain the project because no one knows what they are up to and on a normal, they are not supposed to demand for KYC but it is a thing of choice to choose whether to take part in the Airdrop or not. As for the safety of your details that is what can not be guaranteed because anything can happen and also you have no idea why they requested for your KYC d what they are using it for. So it is better one does their own research before engaging in such airdrop.
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People are keep on trying to be anonymous in crypto but in their social accounts they provide their real identity. Honestly, in most cases here in crypto I have provided a KYC especially in CEX. And once we provide our identity, we have no idea what their plan on it. So in this case, it doesn't matter if you provide KYC, just pick out the right platform to provide your identity by doing a deep research on it.
Yeah same here, the only risk providing personal details in KYC is data breach or the platform might sell your identity. We should not provide personal details here online or else something we don't expect will happen just like identity thief whoch is quite common online especially social media.
Unfortunately in my country there are still many who do KYC as they please and they don't care that their identities are bought and sold on the black market. We can find a lot of KYC in several new projects, even at airdrops, sometimes they are also asked to complete KYC to get results from the tasks they are carrying out. we've done it.
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Unfortunately in my country there are still many who do KYC as they please and they don't care that their identities are bought and sold on the black market. We can find a lot of KYC in several new projects, even at airdrops, sometimes they are also asked to complete KYC to get results from the tasks they are carrying out. we've done it.
There are many projects, scams and other projects that are born abandoned with a single purpose, to obtain all the private data of all possible people. In addition to all the cryptocurrency these "teams" can get by selling coins/tokens, users' private data will not only be sold on DarkNet, but will also be used for other scams, phishing, and many other criminal acts.
There are many users of airdrops, ICOs and similar, who have been involved in serious problems since scammers have used their private data to commit crimes. That's why I try to maintain my privacy as much as possible. I wouldn't want to be involved in someone else's crime, which could cause me a lot of trouble until the truth comes out.