Post
Topic
Board Altcoin Discussion
Re: KYC as a Scam
by
Bitfling
on 15/03/2019, 00:42:36 UTC
There are a lot of projects that need an KYC of course it is a good idea also to protect their project so that they will know who's dealing with them.But there are some projects that starting from beginning they don't have an KYC required but when it come to the time that they need to distribute the stakes of bounty hunters they are asking for KYC,if the bounty hunter can not comply this where is their stake goes?if the project require an KYC they must announce it from the beginning not in distribution time.

I am agree that if the project require KYC, it should be announce at the beginning. But i think if we dont have a problem providing our identity, i think giving KYC at distribution time is not a problem. KYC become standart right now and i think its good to avoid from scam ICOs