Post
Topic
Board Altcoin Discussion
Re: KYC for Airdrops: A bad precedence
by
martin1221
on 15/01/2019, 14:35:47 UTC
I have recently seen where bounty hunters were asked to present identifying documents.  Am really against kyc because one of the reasons I joined crypto was the anonymity which it provides. But sadly that's gently creeping away.

Now this KYC has come into airdrops. Imagine am to submit my ID to some I don't know which planet he or she or they are from for some pennies worth tokens. 

It's terrible and this is a bad precedence these people are setting.

If as a community we do not say no to this,  then it would become the norm.

I agree with your views about KYC. KYC was created for the ICO to know and give an idea and information about there investors. I think that is a good practice only for investors of the coin. Airdrops and bounty participants, on the other hand, are not investors but marketers of the project. The token they received are rewards from tasks they to help market the coin and not investing in it.