Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: yousufatik on October 08, 2018, 11:10:57 AM
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
Personally, I do not endorse KYC for bounty distribution. But this is necessary part and you have to do it to get your tokens. Of course, there is no an absolute guarantee that your personal information will not be leaked. But if you really care about it so you shouldn't participate in such bounty campaigns.
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Once you send your details, the safety of your identity is now out of your hands unless there is a specific law like GDPR regulations that prohibits sharing of data without your permission.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
If myself, I don't agree with this distribution which use KYC to get our tokens.
But I find many ICO project don't tell the bounty hunters if to receive their tokens, we should complete the KYC. I think this isn't fair, but what we should do? If we're not complete the KYC we will not get our tokens, but we already finish the bounty campaign.
Do you want to work but not get the payment? of course No.
I think, we should do the KYC process though there is not guarantee with our data. But I also check the project, if I feel the project suspicious, I will never do KYC process.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
I personally dont like the distributions with KYC. I also doubt It is safe. Because I think Cypto currency is anonymous, It is my opinion.
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Since now there are a lot of scam projects on the ICO market, I think that it can be dangerous. It is not clear why we will draft our KYC data. This is suspicious in any case.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
im not confortable with kyc either! the sending of profile to the group of people which is not known to you is very risky in yoir part. bounty hunters before joining campaign should ask the dev if kyc is needed or not. Our profile is the most precious to us we should keep it safe all the time.
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Theres so many bounties out there, dont send your personal information to anyone, and I recommend try to search a bounty without kyc
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
im not confortable with kyc either! the sending of profile to the group of people which is not known to you is very risky in yoir part. bounty hunters before joining campaign should ask the dev if kyc is needed or not. Our profile is the most precious to us we should keep it safe all the time.
Agreed, there have also been numerous scams involving fake ICOs. Ones who sell KYC on the dark web :-\
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I think KYC is not compatible during token distribution because those members are legit to there own account which is using by email account to every owner and it depends the discussions of the projects which KYC is required.
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I advise you to be careful, because usually with more rewards many agree to submit KYC. because this concerns personal data. but because this is a Bounty, it is a rule. indeed a dilemma. I prefer to look for another bounty
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You can't really know if your data is safe or not, and this is not a good thing. I can understand KYC required for bounty with amount for example more than 1000$ but really can't understand for bounty with rewards with less than 100$.....
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there is no 100% safe in internet, you must do you own research before sending your kyc, make sure the project is legit before you decide sending it, legit project must have atleast real team member and attend atleast 1 blockchain/crypto related event
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KYC when the distribution of tokens from bounty results is actually quite troublesome for bounty hunters. Because there is a sense of worry about the confidentiality of our data. But if that's the condition for getting a reward we will do our work.
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depending on bro, you have to do research first before taking part in the bounty, if indeed the project is good and has proven authentic, then you can do KYC and it has been ascertained, the project will get a lot.
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Actually it's not safe if KYC is used to distribute tokens unless you are an investor. I talked about the bounty participants. things that are very detrimental to me if KYC is used as a rule for receiving gifts.
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I personally don't like KYC. They can sell our information to terrorist or to any other organization or country. It totally depends on them. We can't do anything about that. But without KYC they won't give reward so we all have to do it if we don't want to.
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it is absolutely true that currently there are very many bounties that apply KYC usage in sending tokens, but I think it's all safe to use, because it avoids multiple accounts.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
I doubt about that. I dont like Tokens distribution using KYC verification. You can choose another bounty without KYC.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
Tokens distributions using KYC verifications, I think It avoids multiple account. But I doubt your identity is secure. I dont like that.
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there were some people who could not complete the kyc and finally did not get tokens. as a bounty hunter, that's a disappointing thing. therefore, before following a bounty, we must be more careful.
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If the Bounty project that you follow is good and reliable. Then give your KYC. Because I am sure and you must also be sure that this distribution will not take anything apart from KYC and your KCY will not be misused. Because I've experienced it here. Unless you fall into a bad project. This is suspicious.
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there are several projects that use kyc to distribute the tokens. if we can complete it well, it will be easy. but for people who can't complete it, they won't get the tokens.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
It's not safe, but you can reduce the risks. Send just in the case the credibility of the project and possible big reward.Think for 10-20 dollars is not worth it. Secondly, try not to send a passport, it is better to use a driver's license or national ID (for example, a medical policy). In the case of the implementation of KYC, if you pass it, you will have the advantage, as not everyone will be able to provide this data, as often among these hands a lot of scammers.
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I think conducting KYC is the best to minimize dubious user that use 2-100 account s just for a coin. To make Crypto environment clean we need KYC compliance
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No, in general it is not safe. They can use your data for personal purposes. We need to do something with this , need a program in which once you pass the verification.
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If we talk about blockchain as a decentalized technology KYC isn't a good procedure. Blockchain implies complete independence from the state or the project owners. But KYC reveals the identities of the participants.
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No it's not, and that's why I'm really disappointed when ICO ask KYC also for airdrops and bounties. But if you don't do KYC procedure you will not receive your tokens so it's your own choice.
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The only plus from the introduction of the KYC procedure for bounty hunters is a reduction in the number of scams in the company. And then they got the hand to buy other people's scans of documents and quietly participate further in bounty companies. And in the rest of the only cons. KYC is necessary for investors, because they invest their money, and the participants of the bounty do not invest anything. They just work. And if the KYC procedure is announced at the end of the company so it's just a Scam. Since many simply do not want to pass it or for some reason they will refuse the company itself. So I'm totally against it.
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I don't agree that bounty distribution should be done through kyc. As far as I'm concern, one's data is note safe once it is out. Some of this companies even sell this data. I try as much as possible to do my due diligence about a project before joining but if at the end of the day, it turns out that kyc is required, if I can, I just walk away.
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No one can say whether it is safe to pass kyc or not, therefore the person himself decides, it is also possible to buy other people's documents if you are afraid to send yours.
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I think this is a dangerous procedure because there is no guarantee that our personal data will not fall into the hands of third parties. It is best to choose those projects in which there is no KYC, but it is inaccurate. Now there are projects that at the end of the bounty companies suddenly require KYC. That's bad.
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I really don’t like the fact that they demand to present KYС, I consider it dangerous for me, because my documents can fall into bad hands and harm me in the future
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
No, it is not safe. Very often, ICO teams turn out to be fraudsters and escape from investors' collected money and confidential data that also have value on the black market. Therefore, everyone must decide whether or not to participate in the ICO generosity campaign, where KYC checks are being conducted.
In addition, it should be said that such a test for bounty hunters is generally illegal, since we are not investors and do not invest our money in these ICO projects.
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Well its not but, you have to comply in order to get your reward . Given out your personal details like that is quiet dangerous and moreover too you don't know the hands its falling into for the good and the bad.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
I think, I am not agree about token diattibution using KYC verification. I prefer use KYC for exchange.
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Yes, you need to be careful to do KYC procedures. Because I myself don't support this KYC too much. More KYC for investors who will invest in the ICO project. And how many projects use KYC for prize participants to take prizes.
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No need to worry, this procedure is absolutely safe. I believe that this form should be entered into all projects, so many bots will be deleted, and, accordingly, we will earn more today, there are many promising projects where this form does not need an example #swachhcoin. The project will pay people for their trash. At the moment the bonus is 25%, you can buy coins until mid-December. I advise you to see the project.
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Sending your personal details to another person whose identity is not known to you as well is a very dangerous thing. But since you can't also watch your tokens being withheld from you, then you have no option than to provide it to them.
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Storiqa has reached the hard cap on 29th of January. Since that we have been going through the KYC and the token distribution. We have taken care of the security at all stages : the KYC data is processed by the world’s best identity verification engine “Onfido”, which is an authorized operator — with the “ICObox” technologies.
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For me it is not usable token disrribution need KYC because there is a wallet requirement in every hunters who joined un a bounty campaign and I think KYC is needed only for the safety of the members when it will be about of trading into a money.
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I will also do kyc where ico can succeed and get many tokens from the project. otherwise I will not send personal files because it contains important things in our data. and the thing I fear is misuse by related parties. therefore must be very careful when it wants to fill the KYC..
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I had a different opinion but now, I do agree KYC is a must for Bountyhunters, the number of cheaters is so big at a point some projects feel they got fooled and just decide to not buy all together. Right now I think KYC will benefit Bountyhunters more than it will harm them, Honest people will get paid more because of the low number of participants. In some projects 1 person had over 100 accounts It is just crazy.
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I will not send personal files because they contain important things in our data. and the thing that I fear is abuse by related parties. Therefore, you must be very careful when you want to fill in KYC. I will also do the Kyc where ico can succeed and get lots of tokens from the project.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
for the problem of verification of kyc on bounty there is safe and insecure. so before giving kyc it is better to be careful in giving self data because if the project disappears there is a possibility that you will be misused, therefore we must be careful
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for me it is not safe to send your identity card to them it is very risky, there is nothing we can do with their rules, I don't join bounties that needs KYC. If you believe that the company is trusted and you get a high reward from bounty that you joined then do the KYC.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
Altcoinstalks launched another board named KYC verified, bounties and airdrops https://www.altcoinstalks.com/index.php?board=326.0
This is a good move made by the admin to let us participate with kyc projects. The admin will stored your info and once it was confirmed you will be given badge that you are "KYC verified"
This is safe,
Join the club!
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for me it is not safe to send your identity card to them it is very risky, there is nothing we can do with their rules, I don't join bounties that needs KYC. If you believe that the company is trusted and you get a high reward from bounty that you joined then do the KYC.
This is the right decision, but now companies are gradually moving to another level in order not to pay their tokens or simply to protect themselves from something and at the end of the bounty or after the ICO they say that it is necessary to go through KYC.
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There is no guarantee that the data you provide is safe or not, but you must be sure and trust the project team. Even exchanges like Binance need KYC, what you think is the same and they require you to fill out KYC for large amounts of BTC withdrawal.
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This was done by Dev to anticipate fraud committed by bounty participants. Because there is a possibility of multiple accounts made by the bounty participants. So do KYC if you want to get tokens from the bounty results that we follow.
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it's far genuinely authentic that currently there are very many bounties that follow KYC usage in sending tokens, but I assume it's all secure to use, as it avoids more than one money owed.
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there are several tasks that use kyc to distribute the tokens. if we will whole it well, it will be clean. however for folks who can not whole it, they may not get the tokens.
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You must be sure and trust the project team. Even exchanges like Binance need KYC, what you think is the same and they require you to fill out KYC for large amounts of BTC withdrawals.
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I recommend you to be careful, due to the fact generally with more rewards many agree to post KYC. because this issues private statistics. but due to the fact that is a Bounty, it's far a rule. indeed a predicament. I choose to look for some other bounty.
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I don't I an way like it and it doesn't follow the rules in decentralized manner that we all talking about , cause I see no reason for kyc when we talk of decentralized ,many are just using that to cut off some beneficiary of their reward and so many scam ico request for same kyc and no where to be found now with investors funds , so if really their is a body that need to know the kyc of the ico participants then the body suppose to be responsible for the team where about when they run away with investors money but nothing of such has ever happen so I don't think I can give my data to unknown people all in the name of investing my money , I will rather wait for exchange listing or better even face the well know project in the market cause the ico future can't be determine until it listed and perform well .
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It is not safe and it is not going to be safe at any time I suppose. You are sending your personal informations to the people whom you never seen before.
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I dont think that it is safe to give your personal information. But if the bounty you have doing is legit paying it is good to give.
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I am more careful with KYC verification and i do not join airdrop/bounties that have KYC it's against my privacy we don't know if we are safe or not even if we say that the project has a potential or what it's okay to do KYC in some exchange but in airdrop and bounties it's a no for me.
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KYC is a good idea for token distribution, it reduces the level of cheating in a system, the only thing for us not to fall into KYC scam.
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I think it's safe, because maybe Majer doesn't want parties who have multiple accounts to get rewarded, just positiv thingking if we want get a salary from the bounty we follow it
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
If that ICO is a legit ICO it should be safe. Best bet is to only KYC in ICO that you have trust in and not random ICOs.
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Yes, it is safe as long as the admin maintain the security of every person.
We have some doubts, fear, and assumption but we should try to trust them.
If you cannot take the risk by submitting your personal identity then don't pass KYC.
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I suggest you look at the project details first before giving detailed information to the project team, if you want the token distribution to enter your wallet you should do the filling process and if you don't do it I think it's your decision
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KYC is a very good and beautiful idea of token distribution. From KYC we get my own tokens. Some people use fake ids to get coins.
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It is not all the bounties that are fake, some are just a way of stealing your information for their own reasons. Others are genuine and want to know the participants.
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In my opinion, before we do KYC we have to make sure that the Project we are following is a good and real project. if in my personal opinion, KYC is safe and we don't have to think negatively first. but in anticipation, we must be careful in conducting KYC.
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doing Kyc is actually not safe, if the personal data of members who register bounty is misused by irresponsible parties will endanger us, we must examine and see whether the bounty we follow have proven to be reliable or not.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
I do not like such projects that first do not declare the requirements of KYC, and then suddenly it is necessary to pass it, and in some cases it is impossible to pass it, so there are no necessary documents. For example, bounty Buddy. And the project Bitminer Factory, which in fact, deceived, as its requirements KYC I can not fulfill, because I do not have a foreign passport or driver's license.
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:osending your personal details on the internet is never safe. But you have no option than to send it because that is the only way to claim your bounty tokens alse you won't gain anything from your bounty activities.
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no one knows your data is safe or dishonest I don't like it because I am afraid my data is used for things that are not good ...
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Though the projects are claiming that they require KYC during bounties and airdrops to avoid fraudulent activities but we also need to keep in mind that, these KYC data can later be used for identity theft and identity mining which the scammy ICOs might do for their own profit. In my opinion, KYC should not be required.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
No, this is now very dangerous. Now the Internet is actively selling confidential data from investors and bounty hunters. The verification of KYC by the ICO teams, who themselves are in many cases fraudsters, is simply absurd. In addition, even if the ICO teams are not fraudsters, they absolutely do not need the information collected by them anyway, and they do not bear any responsibility for its safety.
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I guess KYC procedure without former regulation of entire crypto bussuness may be dangerous. Projects collecting sensitive information may disappear very easily nowadays without consequences. This is not acceptable
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I am not sending my personal files to these companies. If these companies using 3rd party kyc companies maybe it can be safe. Because you know there is some good companies which name is crypnosis or jumo etc. But still i dont want to send my kyc informations for bounties.
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I assume our personal identity cards won't be safe given to a project team or a bounty manager through KYC process. As long as there is no guarantee for the safety of personal ID, it is not recommended to send our secret information with KYC.
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I think it has been started around the first quarter of this year. They use the KYC verification for some bounties. I also feel worried about my identity safety. however, I try to believe their team to save my our ID securely. Many more projects use the KYC for bounty hunter although we are not customer I think. We are partner. However, once again, we have no choice.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
Sending sensitive data to ICO teams unknown to us has never been secure. If the team does not even turn out to be fraudulent, it is not yet known what it will do with our data in the future, because they are not responsible for their proper use. Therefore, now the Internet is in full swing trading confidential data of investors and participants of the campaign of generosity ICO, which had previously been tested by KYC for different ICOs. So, to send or not to send confidential data and copies of documents is a personal matter for everyone.
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It is for betterment of bounty hunters as many spammers are trying to get tokens in real hunters names by creating fake id's and with kyc implementation, no spammer can participate and more coins for real hunters.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
I void those project because I scared to send my personal identity to someone that I did not knows who they are because we are not sure whether they are real or scammers, so if you are sending your private information to them, they can use it where they want, to hide their own identity.
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I am not favor for KYC, how much your token worth. Is it worth enough to share your personal information.
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I don't think you need to worry. this way to eliminate a number of bots, and this method is quite effective, but we also cannot 100% trust the admin, hopefully they don't misuse our data
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I am also not very comfortable with giving out my personal I d details. But there is no way we can escape it as more and more programs request for kyc daily. We just have to be very careful at the end of the day.
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Several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe?
Now, many ICO teams are conducting their illegal KYC checks against bounty hunters. I consider it a fraud that many ICO teams carry out such KYC checks after the completion of ICO. This should not be.
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when you follow a bounty campaign that must give KYC to be able to get tokens you should be able to be careful because you have to give up the identity you have.
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No!
Moreover, the token cannot be owned by us, so we will not fix it for distribution.
Because it is the same thing as endangering your life, what about the project if you become a SCAM?
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I think it is a good one if the rules are made clear even before the ICO program starts. Otherwise it will be nothing good.
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I think if there are rules of kyc from the beginning, then I think it won't be a problem. but if the kyc system was announced after the token was distributed then I thought it would make the bounty hunter are disappointed. many of the bounty hunters cannot complete their personal data. so they won't get the paid.