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Author Topic: Token distribution using KYC verification  (Read 6230 times)

Offline Jacky

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Re: Token distribution using KYC verification
« Reply #75 on: November 09, 2018, 11:40:41 PM »
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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Re: Token distribution using KYC verification
« Reply #75 on: November 09, 2018, 11:40:41 PM »

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Offline Alcor

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Re: Token distribution using KYC verification
« Reply #76 on: November 10, 2018, 02:04:17 PM »
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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Re: Token distribution using KYC verification
« Reply #76 on: November 10, 2018, 02:04:17 PM »

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Offline jyotianand01

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Re: Token distribution using KYC verification
« Reply #77 on: November 10, 2018, 04:24:33 PM »
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.

Offline mnbvcxz

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Re: Token distribution using KYC verification
« Reply #78 on: November 10, 2018, 06:56:35 PM »
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.

Offline TERENCIO

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Re: Token distribution using KYC verification
« Reply #79 on: November 10, 2018, 09:26:33 PM »
I am not favor for KYC, how much your token worth. Is it worth enough to share your personal information.
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Re: Token distribution using KYC verification
« Reply #80 on: November 12, 2018, 04:56:27 PM »
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

Offline bettyhill

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Re: Token distribution using KYC verification
« Reply #81 on: November 13, 2018, 12:06:11 AM »
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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Re: Token distribution using KYC verification
« Reply #81 on: November 13, 2018, 12:06:11 AM »


Offline Alcor

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Re: Token distribution using KYC verification
« Reply #82 on: November 15, 2018, 10:37:09 PM »
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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Re: Token distribution using KYC verification
« Reply #83 on: November 16, 2018, 02:42:27 AM »
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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Offline damsix

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Re: Token distribution using KYC verification
« Reply #84 on: November 16, 2018, 02:44:48 AM »
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?
retire and rest in peace

Offline MOProgress

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Re: Token distribution using KYC verification
« Reply #85 on: November 16, 2018, 05:45:58 AM »
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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Offline sampoerna

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Re: Token distribution using KYC verification
« Reply #86 on: November 16, 2018, 08:33:30 AM »
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.
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