Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining
Most of the time, legit bounties need kyc to make sure that the participants not doing illegal thing and make them transparent in their identity. Some bounties already experience of abusing their project and that why they want a participant pass KYC. Another thing, it be also dengerous because kyc is revailling your personality and it can be used to scammed people so lets make sure also the bounties what we participated.