Post
Topic
Board Altcoin Discussion
Re: Do you join ICOs that requires KYC?
by
monaydanda
on 02/06/2018, 17:10:29 UTC
Do any of you participate in ICOs that requires KYC (Know your Customer). We actually experienced this one on exchanges but how about in partipating in ICOs or just even in airdrop that requires KYC.

I think it depends as for me as they are many scams as well just getting your information. In some instances, we can be blind sometimes, mkay? I really do not join airdrops if it requires too needy to get your personal information.

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?

This can be a good thing on reducing cheater on bounty campaign but a bad side on people who are participating it and don't have enough Ids or valid identification. If they don't have enough ID's they aren't qualified to get their hard-earned token on bounty campaign. Sometimes they don't verify it on time and takes a lot of time and sometimes if you don't reach the cut-off of submission you won't get your token.