Post
Topic
Board Altcoin Discussion
Re: VOTE! Do you participate in ICO that requires KYC (your personal data)?
by
askmecrypto
on 12/04/2018, 12:15:18 UTC
The requirement to pass the KYC (know-your-customer) test from the ICO companies is really a big problem both for investors in ICO campaigns and start-ups.


Some people (contributors) don't like to leave personal information to start-ups. What about you?
Would you participate in ICO if you like the project but your personal info is required? Please vote.


This poll will help ICOs to decide what should they do with this issue: apply KYC/AML and get lower rate of contributors or don't apply and get more contributors.

P.S. those who vote "No" should know that application of KYC/AML will help the project to avoid legal issues in the future and as a result increase token price (or at least not decrease it).


I do not have a problem in submitting my KYC details for a legitimate project. It gives even more trust that the company is doing things the legal way.

However, I would never give away my  KYC details if the project appears to be a scam.