Quote from: Ozero on Today at 05:36:26 AM

Quote from: UniversityCoin on September 15, 2020, 10:38:32 PM

Quote from: akwfleaspirit on August 28, 2020, 06:36:58 PM

Any project requesting for kyc, I back off it. Since I don't have ways of giving a fake details, am straight in everywau, so instead of dropping fakes, I just stay off. Most team sell off details as I learnt, and also a time, binance kyc got leaked, I got scared to death. But anyways, if you are giving out your real ID, then you have to be very careful doing so.

You're doing the right thing. I only provided my KYC data once. And what do you think happened? The project turned out to be fraudulent and deceived all participants. Now I'm worried about where my data might be used.

Therefore, if the ICO team announces KYC without warning after completing the signature campaign, I fully admit the possibility of providing them with fake KYC. ICO teams are not designed to collect and store our confidential information and often misuse the information they receive without bearing any responsibility for its misuse. In addition, I believe that they no longer have the right to demand signatures from campaign participants to provide them with KYC.
The provision of KYC to exchanges should be treated more carefully and responsibly. Here it is better to comply with all the KYC requirements, since various problems may arise where confirmation of the information provided will be required so that we can successfully complete our financial transactions.

I have also heard about such bounty campaigns where the development team at the end introduced a KYC in order to reduce bounty payments to those who refuse to pass it. I consider this a great meanness. Fortunately, I didn't come across such bounty campaigns.

Quote from: ije07 on Today at 05:54:36 AM

You need to know that misuse of KYC data does exist and I've heard that there is a service out there that accepts or pays KYC data at a price of $ 50- $ 100. to be honest I'm also worried about this, but for me personally doing KYC is only on projects that I truly believe in.

I really hope that my data will not be sold to scammers and they will not use it in their dirty business.