Do you join ICOs that requires KYC?

[Confero]

I have never joined ICO. but I think KYC in an ICO project, it is a natural thing. no problem at all with that.

[damsix]

Of course, KYC is needed to know who the ICO token buyer is.
if without KYC everything will fall apart, surely you need an identity to neutralize the SCAMERS.

[Fenix]

I believe. that the KYC check for participants in the ICO generosity campaigns is generally illegal. It should only be conducted with respect to investors. Participants in the ICO generosity campaign do not invest in ICO projects, so they should not undergo such a check. I try not to join ICO projects whenever possible, where such verification is possible.

[Breadwinner]

Looking at how ICO's are made for me I think when a project involves KYC it boost the abilities of the developers to know their customers thereby making the project a successful one of course.

[Watu_pawon]

nowadays there are a lot of ico who use kyc and I think the use of kyc is very good to be applied to reduce cheating on other participants who want to double our account in a spreadsheet, and I don't mind the kyc system.

[Doctor]

I often participate in ico that requires KYC, but not airdrop. I have much less trust in airdrops than solid ico in which I participate.

Yes It is true mate. I dont like join ICOs that requires KYC. I prefer bounty campaign.

[pelana vreo]

I've never followed an airdrop requesting KYC, unless it is a requirement for the ICO, but I will look at the details of the project and the team and the project road map, does this project have a real team or not. Because many ICOs are scam now so we have to be careful

[Andruha1993]

If the project is really good and promising, then I'm not afraid of such projects and I pass KYC, if the project does not like me, then I will not take part in it and pass KYC.

[alltalk]

~snip~
I believe some people are not cautious as long as they can join airdrops. How about you? What are your thoughts about KYC in ICOS?

Actually, I don't agree about KYC in ICOs. Since no guarantee for the safety of the bounty hunter's identities, I prefer to choose an ICO with no KYC needed. For me, the safety of my personal identity is more important than bounty rewards.   
 

[Garuda]

There are some projects in ICO that need your KYC and some that don't need it, but most of them need your KYC. For ICO, your KYC is very important, because the ICO wants to record and know everything from its users or members. Don't worry about misuse, you should trust and be more careful in choosing a project in the ICO.

[boyplastic69]

In my participation last time from the other forum, I did not join ICO's that requires KYC since I believe that there is no need for it requiring the participants to submit KYC. I believe that most of the legit ICO's don't necessarily requires people to submit such KYC since their main focus is on how they manage to meet the pre-token sale target and mass adoptation.

[Master107]

KYC is necessary if the project implemented to let every participants pass their personal information before accessing in any offerings. Well, there is advantage and disadvantage with this system, that would be the cause and effect when the project is scam at the end.

[gribble]

KYC is necessary if the project implemented to let every participants pass their personal information before accessing in any offerings. Well, there is advantage and disadvantage with this system, that would be the cause and effect when the project is scam at the end.

That's why we must becarefull when choose the ICOs before we participate in the ICOs and send our personal identity to avoid scam ICOs, we must check their company behind of the ICOs projects, is it registered and is the the ICOs been registered? For example i am believe in showmebiz projects due to the company has been registered on Hongkong and the ICOs has been registered on Malta.

[Zed0X]

Doing KYC has some risk such as identity theft but it can also serve as a protection. I guess it would just boil down to how much do you like that project.

[diygirl]

Yes, I once joined the ICO which requires KYC. I have no problem with that, because KYC is one way to prevent duplication of accounts. As we know, lately there have been a lot of account duplication and this is very detrimental to others.