Post
Topic
Board Altcoin Discussion
Re: What does KYC gives you ?
by
oper802
on 21/12/2018, 20:11:38 UTC
At the moment, KYC is a standard procedure to confirm the identity and there is nothing wrong. Many ICO projects require to go through this procedure and this is not a reason to abandon such bounty campaigns. In most cases, this procedure is rather a plus for hunters, thus eliminated bots.
Yeah, I think so. There's nothing wrong with KYC, as long as you are being careful before giving any personal information about yourself to another person. I know a sentence which has a very good meaning, "An ounce of prevention is worth a pound of cure".