Post
Topic
Board Altcoin Discussion
Re: AIRDROPS ASKING FOR KYC VERIFICATION
by
redsun114
on 28/03/2019, 21:55:35 UTC
The issue of KYC always raises questions whose answers are mostly not very discerning to the ears. It is quite unfortunate, I know most crypto enthusiasts are not comfortable giving out their personal information for KYC but there is little we can do about the situation at the moment.  Most of these projects claim they are under a legal jurisdiction where KYC is very important for many business projects. The new trend is increasingly becoming worrisome as many airdrops are even requiring KYC verification from participants.
I just see it as a strategy in order to get the details of the users because we are not so sure that this airdrop is actually going to worth anything, so why would we waste our time uploading documents to a company that we don't know who are behind it and we might never know who is behind it. Let's be very careful when giving out our details in any blockchain platforms because most of them are scammers and doesn't mean well.