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?
Requiring KYC on an ICO is good enough to secure that no one had cheated such as multiple accounts and such things. This will be an indication for a true value of members or participants that they will be having. But yet KYC will be good if and only if the campaign itself is a good one. If it is worthy to have the KYC system then why not, but it will be a pain for us if the campaign requires KYC yet not enough to prove its legitimacy and in the end, it will be only scam one which was encountered so many times.