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
Bounty hunters check KYC does not give anything. On the contrary, it takes us a lot of time, because none of the ICO teams has a clear and fast form of its passage at the initial stage of joining. As a result, we are forced to constantly re-read hundreds of messages in their telegram groups in order not to miss messages on the order and timing of the KYC check. Spending a lot of time and nerves.
The KYC teams can be checked by the ICO teams to not pay a significant part of the tokens earned by us, so most of these KYC checks are carried out at the end of the ICO or even after its completion.
For fraudulent ICO projects, this also provides additional income from the sale of our confidential data.