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?
Well if you are researching deeply about the project , and find its idea very good , then i think you can join even if it requires kyc. But do a research and if any suspicious activity founded avoid it. I myself had invessted in two icos that requierd kyc , they are all good. And now a days i think most icos requires kyc. But i would avoid to airdrop and bounties that require kyc. Though i think kyc should have be implemented as there a lot of cheater , i even heard one people get airdrop of of certain coin ( ont ) recently , and collected 1000 coins ( ~$5000). I mean if you can pass the kyc by just giving your driver licence or that kind of stuff , there is no harm according to me.