Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on July 20, 2018, 02:43:59 AM

Title: Do you like to participate in ICOs that require KYC?
Post by: Domithra on July 20, 2018, 02:43:59 AM
Why not? If only the ICO is worth joining, KYC is not a big problem for me. KYC is just for verification purposes and if the ICO is able to promise the safe keeping of all collected data and will only use them for verification purposes in order to check for double entry, bots, terrorism funding etc, then i join without hesitation.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: wahyunyarobiyanto on July 20, 2018, 03:55:29 AM
Yes, with KYC manager can know which account is real or fake.
So it's better to anticipate the double or tuyul account used by people to earn a double profit .
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: April21 on July 20, 2018, 04:03:28 AM
KYC is the final requirement to get the token, but with KYC is sometimes troublesome because we are actually working to make a post with target post per Sunday must give up tokens that are not accepted because KYC is not approved.
KYC is actually good to anticipate tuyul account, but it would be better if the KYC is in a bounty thread for our work is not in vain and does not leave disappointed in the end .
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: owmivmen on July 20, 2018, 04:04:44 AM
If I think ico is potentially and have a good future I think I will do it. KYC is very easy and everyone can do it.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: SuccessManiac on July 25, 2018, 04:31:39 PM
I dont think KYC should be something that should deter you from investing in an ICO. The sucess of an ICO does not depend on whether it requires KYC or not.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: rightway on July 25, 2018, 04:52:26 PM
Yes of course but it depends on the KYC requirements because some ICOs are not strict and the requirements is easy to comply.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Andruha1993 on July 26, 2018, 11:35:00 AM
I do not like when ICO projects require KYC, because it takes a lot of time to check. But usually, projects that ask to pass KYC pay a good reward.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Niteroy on July 29, 2018, 11:25:30 PM
Recently, almost all ICOs have asked to pass KYC to be able to purchase the project's tokens. I think when the project has serious intentions, it tries to comply with the legal requirements of the financial regulators of the country in which it is registered and therefore asks to pass KYC.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Stormyblue on July 30, 2018, 12:20:58 AM
Why not? If only the ICO is worth joining, KYC is not a big problem for me. KYC is just for verification purposes and if the ICO is able to promise the safe keeping of all collected data and will only use them for verification purposes in order to check for double entry, bots, terrorism funding etc, then i join without hesitation.
KYC is attributed to the authenticity of an ICO. Terrorism is an important factor in KYCs.
Genereally I think KYC positions an ICO very well in the crypto space.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Marivic27 on July 30, 2018, 12:54:39 AM
Why not? If only the ICO is worth joining, KYC is not a big problem for me. KYC is just for verification purposes and if the ICO is able to promise the safe keeping of all collected data and will only use them for verification purposes in order to check for double entry, bots, terrorism funding etc, then i join without hesitation.
KYC is attributed to the authenticity of an ICO. Terrorism is an important factor in KYCs.
Genereally I think KYC positions an ICO very well in the crypto space.
Yes i agree on that kyc is required because it has a great reason knowing costumer is really a good way in crypto. It is also safe of the ico required kyc, and i think it is not a problem as long as we have identification card it is really simple to creat kyc.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Gastonic on July 30, 2018, 03:46:24 AM
Yes. Its a great indicator that they are following the laws on investment so basically they are legit if they follow that rule.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: eldial on July 30, 2018, 05:37:56 AM
Yes of course If I have a chances to participate in ICO I am so interested about this because I want to know and learned about ICO responsibility that require KYC and hopefully I can finish this my ambition.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: marcsymons on July 30, 2018, 05:51:40 AM
Yes I do because as long as we are real persons and there are nothing to hide about our selves then i would love to submit my KYC documents. Just make sure that the ICO is 100% legit and very promising to make your investments to grow then i will participate without doubt.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: jings009 on July 30, 2018, 09:33:52 AM
If you want to participate ICO that required KYC make sure provide the document on the trusted ico and company only. You would never provide your data to theft and they could be used your document for the illegal purposes.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Dacosta on July 30, 2018, 10:51:23 AM
I strongly disagree with this. Project managers do not regard bounty hunters as investors so I do not see the need to require them to do KYC before paying them their bounty tokens
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Icon on July 30, 2018, 11:30:22 AM
I am yet to participate in a bounty which requires KYC. If they tell us from the beginning that KYC is required from bounty participants then I won't involve myself.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: comer on July 30, 2018, 12:03:33 PM
If i have a choice, I won't participate ICO with KYC needed, because I don't want to risk my profile to the world with no certainty of secure identity. The precious thing of all is your identity, having given this to anyone you don't know is a risk of your life also. We all know that today's situation is very risky in identity theft and to think that the level is international it really very serious matter. We might don't know our identity was use in terroristic activity and we end up mess in something we even don't know.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: jonathancool220 on September 03, 2018, 02:06:59 PM
KYC is definitely needed for ICO because the ICO is very sensitive to financial purchases.
if the unnecessary is a campaign bounty, because the campaign bounty is only a gift, it is not a purchase.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: ComeBack on September 03, 2018, 02:14:21 PM
Sometimes I'm participating on ICO's but everytime I saw an ICO's that they require kyc I don't really join on it. For me KYC is really a big deal because of our personal documents.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Doctor on September 03, 2018, 04:05:57 PM
Why not? If only the ICO is worth joining, KYC is not a big problem for me. KYC is just for verification purposes and if the ICO is able to promise the safe keeping of all collected data and will only use them for verification purposes in order to check for double entry, bots, terrorism funding etc, then i join without hesitation.

No I dont like to participate in ICOs that require KYC.  because KYC is really a big deal because of our personal documents.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Speaker on September 03, 2018, 04:52:13 PM
If you do not want to pass KYC - wait for the coins to be added to the exchange and buy them there without any checks.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: zenbook on September 03, 2018, 05:59:48 PM
I'm don't mind at all to do KYC, because I am located in non restricted country. As long as they don't want us to input our private key I think its not a problem at all sharing our identification. Its only an identity card, what would they do with that.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: DiZEL on September 03, 2018, 07:43:58 PM
I personally do not mind passing the KYC procedure, because I know that the legislation of many countries requires it from projects. However, I do not like when projects create complex conditions for KYC, when we need to upload a large number of photos and copies of documents!
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: DogeTalk on September 03, 2018, 08:08:05 PM
I don't like bounties that require kyc. It's very difficult for me because I need a document like a passport. in my country I only have a national ID. many refuse to use national ID.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Fenix on September 03, 2018, 09:34:35 PM
Yes, with KYC manager can know which account is real or fake.
So it's better to anticipate the double or tuyul account used by people to earn a double profit .
What are you saying! And for this we need to send the ICO team their residence data right up to a certificate from a bank or a housing organization in the place of residence, as well as a copy of their passport? Is it that about 80 percent of ICO teams are fraudulent? And did you ever wonder what was the purpose and who put in the KYC test? It is carried out to prevent possible laundering of dirty money and should only concern investors. For members of the ICO generosity campaign, such a KYC check is illegal and the ICO team's misuse of its rights, as it violates our right to protect confidential information.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: May on September 04, 2018, 02:49:06 AM
You will never give your data for theft and they can use your documents for illegal purposes.
If you want to participate in an ICO that requires KYC, make sure to provide documents only to trusted companies and ico.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: marksayson on September 04, 2018, 03:28:49 AM
Why not? If only the ICO is worth joining, KYC is not a big problem for me. KYC is just for verification purposes and if the ICO is able to promise the safe keeping of all collected data and will only use them for verification purposes in order to check for double entry, bots, terrorism funding etc, then i join without hesitation.

If the ico is a legit one, yes, I would like to submit a kyc documents to ensure to participate in the ico. But when its not legit, better to stay off it.
Title: Re: Do you like to participate in ICOs that require KYC?
Post by: Black ID on September 04, 2018, 06:19:25 AM
KYC means the process of subscribing information and information to investors to find information, both from other money laundering actions. Requiring KYC in my opinion is better in order to minimize the occurrence of multi accounts in a project. In addition, the use of KYC is useful to know clearly who is participating in the ICO.