Post
Topic
Board Altcoin Discussion
Re: Token distribution using KYC verification
by
irsykes
on 13/07/2018, 22:19:27 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?
it can be but if for ICO i think they only want to avoid SEC problem, and that is the only way to know people who join their project, and usually not only bounty participants but their investors too. or maybe it is to prevent people to fraud their bounty campaign