Post
Topic
Board Altcoin Discussion
Re: Token distribution using KYC verification
by
peleng
on 04/04/2018, 21:05:02 UTC
several bounty projects, are now beginning to implement KYC on the distribution of their tokens
when I send my identity card is this safe? could it be misused?
Sometimes the reward is low-value tokens and giving full data is unprofitable and dangerous. They often want photos of a document. In my country, you can not disclose such documents because you can have big troubles in this way.
It seems to me that it is not safe in almost any country. Sending copies of personal documents is absolutely unacceptable. Moreover, most of the projects themselves do not provide any official documents. Thus, I must provide my documents to some unknown people who will probably use my data for illegal purposes.