follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here

Author Topic: Token distribution using KYC verification  (Read 5601 times)

Offline asrafmasyur

  • Sr. Member
  • *
  • Activity: 466
  • points:
    5861
  • Karma: 7
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 21, 2024, 04:09:43 AM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Token distribution using KYC verification
« Reply #15 on: October 15, 2018, 07:18:03 PM »
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.

Altcoins Talks - Cryptocurrency Forum

Re: Token distribution using KYC verification
« Reply #15 on: October 15, 2018, 07:18:03 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


Offline Goku01

  • Sr. Member
  • *
  • Activity: 608
  • points:
    1002
  • Karma: 22
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: February 28, 2023, 10:59:07 AM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Token distribution using KYC verification
« Reply #16 on: October 15, 2018, 07:51:48 PM »
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.

Offline Gunung_ulo

  • Sr. Member
  • *
  • Activity: 349
  • points:
    586
  • Karma: 0
  • EndChain - Complete Logistical Solution
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 13, 2019, 11:40:28 PM
    • View Profile

  • Total Badges: 14
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Token distribution using KYC verification
« Reply #17 on: October 16, 2018, 12:46:52 AM »
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.

Offline Doctor

  • Legendary
  • *
  • *
  • Activity: 1955
  • points:
    41014
  • Karma: 233
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: April 22, 2024, 04:17:36 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Re: Token distribution using KYC verification
« Reply #18 on: October 16, 2018, 01:12:53 AM »
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.

                ▄█▀
▐█▄    ▄██▄    ▄█▀ ██                          ██
███   ▄████   ▄█▀ ▄▄  ▄▄▄ ▄▄▄   ▄▄▄▄▄▄▄       ▄▄▄   ▄▄▄
███  ▄█▀███  ▄█▀ ██▌ ▄██▀▄▀██▌ █▀  ▄█▀       ▄██▌ ▄██▀ ▀▄
███ ▄█▀▐███ ██▀ ██▌ ▐███▀ ▄█▀    ▄█▀        ▄██▌ ▄██   ▄▀
▐██▄█▀  █████▀ ▐██  ███  ▐██   ▄█▀          ██▀  ██▌  ▄▀
 ▀██▀   ▀██▀    ▀█  ▀█   ▀█  ▄██▄▄▄▄▄▀▀  ██ ▀█    ▀███▀

Casino & Sports Betting
.
B O O S T E D
R E W A R D S

.
FOR CRYPTO PLAYERS
         ▐█▌                        ▄▄
▐██      ██ ▄▄  ▄   █▌ █████      ▄███▄
▐██     ▐█▌ ██  ██ ▐█   ▄██     ▄██████▄
██▌     ██ ▐█▌ ███▄█▌  ▄█▀     ▀▀▀██████▄
██▌ ██ ▐█▌ ██  ██▀██▌ ▄██▄▄      ▐███▌
██▌▄██▄██ ▐█▌ ██▌ ▀▀  █▀▀▀       ████
▐███████  ██  ▀▀            ▄   ▐███▌
▐███▀██         ▄▄▄▄████   ▐███▄████
 █▀
    ▄▄▄ ███ █████████   ████████▌
      ████ ███ ████▄███▌  ▐██ ▀▀███
     ▐███▌▐██▌▐████████   █▀      ▀
     ████████▌▐███▀▀▀▀   ▐▀
     ▀▀▀████▀ ████
▄██      ██▌▄██  ██▌▀██████▀██████ ██
███     ▐██ ██▌ ▐██ ▐██    ▐██    ▐█▌
███     ██▌▐██ ▄██▌ █████  █████  ██
███ ▄█ ▐██ ███████ ▐██    ▐██    ▐█▌
███▄█████ ▐██  ██▌ ██▄▄██ ██▄▄██ █████
▐███████  ██▌ ▐██ ▐██▀▀▀ ▐██▀▀▀  ▀▀
▐██▀ ▀▀  ▀▀▀
   ▄▄     ██   ▄   ▄ ████
      ▄▄▄ ▄▄▄  ██    ▐█▌▐█ ██ ██  ▄█▀
     █  █ █▄  ▐██    ██ █▌▐████▌ ▄█▀
     █  █ █   ▐██ ▄▄▐█▌▐█▌▐█ ██ ████▀
     ▀▀▀  ▀    ██▄████ ██ ▀▀
               ██████
               ██▀ ▀
.
BTC
ETH
LTC
.
DOGE
USDT
USDC
.
XRP
TRX
BNB
██████
██
██
██
██
██
██
██

██

██

██

██

██████
██████████████████████████████████████████████████████████
.
PLAY NOW.
██████████████████████████████████████████████████████████
██████
██
██
██
██
██
██
██

██

██

██

██

██████

Offline de_prof

  • Legendary
  • *
  • Activity: 1519
  • points:
    64145
  • Karma: 222
  • Bitcoin Mixer| Since 2019
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: May 25, 2024, 03:18:17 AM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 1000 Posts
Re: Token distribution using KYC verification
« Reply #19 on: October 16, 2018, 02:14:14 AM »
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.

Offline Pupus

  • Member
  • *
  • Activity: 120
  • points:
    229
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: October 26, 2018, 03:41:39 PM
    • View Profile

  • Total Badges: 12
    Badges: (View All)
    10 Posts First Post Signature
Re: Token distribution using KYC verification
« Reply #20 on: October 16, 2018, 06:27:12 AM »
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.
███▌
 ▐██▌
   ███
    ▐██▌
      ███
 ███   ▐██▌                  ██
 ████    ███               ████
 █████▌   ▐██▌           █████
 ███ ███    ███        ████ ███
 ███  ▐██▌   ▐██▌    ████   ███
 ███    ███    ██ ████     ███
 ███     ▐██▌   █████       ███
 ███       ███   ▐█▌        ███
 ███        ▐██▌            ███
 ███          ███           ███
 ███           ███         ███
                 ▐██▌
                  ▐██
                    ██▌
                      ████




..Revolutionizing the way.............
..we interact with..
..digital content.......................

██
██
██
██
██
██
██
██
██
██
██
██
██

██
██
██
██
██
██
██
██
██
██
██
██
██

        ▄▄████████▄▄
     ▄████████████████▄
   ▄████████████████████▄
  ███████████████▀▀  ████
 ████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
 ████████ ▄███▄   ███████
  ████████████████▄▄██████
   ▀████████████████████▀
     ▀████████████████▀
        ▀▀████████▀▀

Offline Crypto Guard

  • Sr. Member
  • *
  • Activity: 641
  • points:
    11385
  • Karma: 18
  • FRX: Ferocious Alpha
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 23, 2021, 12:18:22 AM
    • View Profile

  • Total Badges: 14
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Token distribution using KYC verification
« Reply #21 on: October 16, 2018, 09:02:54 AM »
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.
                    ▄█▄

                  ▄█████

             ▀██▄▀▀▀▀██ 

            █████▀▀▄███

        ▄██ ██▀▀▄██▀▄█████

      ▄███ ██▌▄▄████▀ █████

     ▀███ ███▌█████▀ █████

       ████▌█████ █████

     ▄▄ █████▌████▀▄▄▀▀█

   ▄████▄▀███▌▐███ ████

 ▄█████▀▀▀ ███▐██ █████

▀▀▀▀        ▀█▐█ ▄████▀

             ▄█▀▀
FRX
█████████████

█████████

████████████████

██████████

█████████

██████████████

████████████

█████████

████████

██████████

█████████████

█████████

██████████████
DeFi Hedge

Fund Token
████

██

██

██

██

██

██

██

██

██

██

██

████
























Seed Round























+80%BONUS
████

██

██

██

██

██

██

██

██

██

██

██

████
WHITEPAPER

TWITTER

TELEGRAM
█████████████

█████████

████████████████

██████████

█████████

██████████████

████████████

█████████

████████

██████████

█████████████

█████████

██████████████

Altcoins Talks - Cryptocurrency Forum

Re: Token distribution using KYC verification
« Reply #21 on: October 16, 2018, 09:02:54 AM »


Offline Legends

  • Member
  • *
  • Activity: 120
  • points:
    225
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: October 25, 2018, 05:26:30 PM
    • View Profile

  • Total Badges: 11
    Badges: (View All)
    10 Posts First Post Signature
Re: Token distribution using KYC verification
« Reply #22 on: October 16, 2018, 11:13:31 AM »
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.

▶▶ Telegram ◀◀  |  ▶▶Facebook◀◀  |  ▶▶Reddit◀◀  |  ▶▶Twitter◀◀  |  ▶▶AltcoinTalk◀◀

Offline ivanleon

  • Full Member
  • *
  • Activity: 297
  • points:
    465
  • Karma: 0
  • ZeosX-THE WORLD’S FIRST CRYPTOCURRENCY BANK
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: April 27, 2020, 05:01:15 AM
    • View Profile

  • Total Badges: 17
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Token distribution using KYC verification
« Reply #23 on: October 16, 2018, 12:54:23 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?

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.
                 ▄▄▄▄▄▄▄▄▄                 
         ▄▄▄███████████████▄▄▄         
      ▄█████████████████████████▄       
   ▄███████████████████████████████▄   
  ▄████████████▀▀▀▀▀       ▀▀▀▀█████▄   
 ██████████▀ ▄▄▄▄▄▄▄▄▄       ▄████████ 
▐█████████████████████▀    ▄██████████▌
███████████████████▀▀    ▄█████████████
█████████████████▀    ▄████████████████
██████████████▀    ▄██████████████████▀
▐█████████▀▀   ▄▄██████████████████▀▀   
 ▀█████▀    ▄█████████████████▀▀▀   ▄   
  ▀██▀                         ▄████▀   
    ▀████████▄▄▄▄▄▄▄▄█████████████▀     
      ▀█████████████████████████▀   
         ▀▀▀███████████████▀▀▀
               ▀▀▀▀▀▀▀▀▀         
 
zeosX
           Borrow with or without collateral
                       ■ Luxurious and stunning quality cards 
■ Superior crypto mobile wallet       ■ Investments, auction and lending
   WHITEPAPER
                          ▄▄▄
                    ▄▄▄██████
              ▄▄▄█████▀▀████▌
        ▄▄▄████████▀ ▄██████
  ▄▄▄██████████▀▀  ▄███████▌
▀███████████▀   ▄██████████
   ▀▀▀███▀    ▄███████████▌
        █▌  ██████████████
        ▐█ ██████████████▌
         █████▀ ▀████████
          ██▀      ▀████▌
                      ▀▀
    ▄▄████████▄▄   
  ▄██████████████▄ 
 ███████████▀▀█████
█████▌ ▀██     ▄████
█████▌         █████
██████▄      ▄██████
 █████▀    ▄▄██████
  ▀██████████████▀ 
    ▀▀████████▀▀   
▄██████████████████▄
████████████▀▀▀▀▀███
██████████▀     ▄███
██████████   ███████
███████▌        ▐███
████████▄▄   ▄▄▄████
██████████   ███████
██████████   ███████
▀█████████   ██████▀
▄██████████████████▄
██▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀██
██ ███████████ ██ ██
██ ████▀▄▄▄▄▀████ ██
██ ███ █▌  ▐█ ███ ██
██ ████▄▀▀▀▀▄████ ██
██ ██████████████ ██
██▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄██
▀██████████████████▀
altcoinstalks

Offline Abusadeeq6

  • Sr. Member
  • *
  • Activity: 340
  • points:
    438
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: June 17, 2020, 09:13:58 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Token distribution using KYC verification
« Reply #24 on: October 16, 2018, 01:02:02 PM »
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
⌐      ERC-20 Token to pay Goods and Services      ¬
▬▬▬▬    ██ █▌█ ▌ b y z b i t ▐ █▐█ ██    ▬▬▬▬
└   Whitepaper   Telegram   Medium   Twitter   Facebook   Linkedin   ┘

Offline hungry

  • Baby Steps
  • *
  • Activity: 25
  • points:
    86
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: December 20, 2018, 04:59:54 AM
    • View Profile

  • Total Badges: 11
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Token distribution using KYC verification
« Reply #25 on: November 04, 2018, 05:33:21 PM »
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.

Offline nick_2017

  • Member
  • *
  • Activity: 110
  • points:
    180
  • Karma: 0
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: November 29, 2018, 05:52:25 PM
    • View Profile

  • Total Badges: 13
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
Re: Token distribution using KYC verification
« Reply #26 on: November 04, 2018, 05:38:17 PM »
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.

Offline tamango

  • Hero Member
  • *
  • Activity: 790
  • points:
    4025
  • Karma: 8
  • Beyond Protocol Street Team
  • Trade Count: (0)
  • Referrals: 1
  • Last Active: June 11, 2021, 06:07:28 PM
    • View Profile

  • Total Badges: 22
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
Re: Token distribution using KYC verification
« Reply #27 on: November 04, 2018, 05:38:28 PM »
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.
Beyond Protocol Street Team
http://beyond.link | Coming Fall 2021
Official altcoinstalks thread

Offline grobokopalka

  • Member
  • *
  • Activity: 126
  • points:
    200
  • Karma: 13
  • Trade Count: (0)
  • Referrals: 2
  • Last Active: October 08, 2020, 12:04:24 PM
    • View Profile

  • Total Badges: 19
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: Token distribution using KYC verification
« Reply #28 on: November 04, 2018, 06:57:07 PM »
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.
MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
https://www.minter.network

Offline PRIBO247

  • Hero Member
  • *
  • Activity: 1071
  • points:
    900
  • Karma: 6
  • Trade Count: (0)
  • Referrals: 3
  • Last Active: April 09, 2019, 01:08:13 PM
    • View Profile

  • Total Badges: 21
    Badges: (View All)
    10 Posts First Post Sixth year Anniversary
Re: Token distribution using KYC verification
« Reply #29 on: November 04, 2018, 07:07:02 PM »
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.

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod