Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: xspasa on August 31, 2018, 12:11:49 PM

Title: KYC for Airdrops: A bad precedence
Post by: xspasa on August 31, 2018, 12:11:49 PM
I have recently seen where bounty hunters were asked to present identifying documents.  Am really against kyc because one of the reasons I joined crypto was the anonymity which it provides. But sadly that's gently creeping away.

Now this KYC has come into airdrops. Imagine am to submit my ID to some I don't know which planet he or she or they are from for some pennies worth tokens. 

It's terrible and this is a bad precedence these people are setting.

If as a community we do not say no to this,  then it would become the norm.
Title: Re: KYC for Airdrops: A bad precedence
Post by: Fr33Spirit on August 31, 2018, 03:50:26 PM
The problem...maybe...is not the airdrops bounty etc but the state that wants to not loose the control over every penny its people are having,investing and making ...Cause as I know KYC is not invented by the Devs but by the FTAF if I recall well to control the money supply and use...
Title: Re: KYC for Airdrops: A bad precedence
Post by: KobbyC on August 31, 2018, 05:05:35 PM
KYC for airdrops? Wooooo that will be too hard for me to do. I don't really believe in airdrops and I won't give out my info to an airdrop.
Title: Re: KYC for Airdrops: A bad precedence
Post by: Guerreiro on August 31, 2018, 05:12:45 PM
Kyc for an airdrop? So funny! Why should I sacrifice my personal info just for the cents? No way! Most of airdrop tokens turn into shitcoin. It is better to let those token slip away from me and keep my identity in private.
Title: Re: KYC for Airdrops: A bad precedence
Post by: Zed0X on September 04, 2018, 07:08:34 AM
Yeah, there are projects requiring even airdrop hunters to do KYC procedure before they could claim tokens. I would not submit to any airdrop that would require KYC, that's just insane.
Title: Re: KYC for Airdrops: A bad precedence
Post by: TERENCIO on September 04, 2018, 07:15:09 AM
I will provide my KYC but it will depend on rewards ratio. If the reward is like 5 usd, I will not sacrifice my confidential information that will lead to misuse in future.
Title: Re: KYC for Airdrops: A bad precedence
Post by: Leebarnes on September 04, 2018, 07:17:42 AM
That is not a good practice that airdrops required KYC usually I always ignored that kind of airdrops.