Safe to share your personal data for extra stipends ?

[KingsDen]

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.

[MrSpasybo]

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 $!

[Gurujebs]

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.

[AvatarSiri]

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.

[Freemind]

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.

[Don Pedro Dinero]

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.

[SamReomo]

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.

[Google+]

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.

[SamReomo]

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.

[bayu7adi]

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.

[Google+]

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.

[Zed0X]

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.

[ajiz138]

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.

[Sim_card]

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.

[SamReomo]

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.