Advertise with us (we do not endorse any site advertised)

Author Topic: I signed up to an ICO airdrop. Why do I now need to perform KYC?  (Read 1480 times)

0 Members and 1 Guest are viewing this topic.

Offline KYCbenchTopic starter

  • Newbie
  • Joined: Sep 2018
  • Posts: 15
  • Country: 00
  • Thanked: 1 times
  • Karma: +0/-0
  • HODL!
    • View Profile

Everyone who hunts for airdrops and bounties knows the feeling. You sign up to website newspapers, join multiple Twitter/Facebook/Telegram channels, chat with bots, write articles and then the airdrop ends. A month or two goes by and suddenly (if you noticed the telegram announcement amongst the hundreds of Telegram Groups) you are asked to perform KYC through a rushed website with a simple buggy form.

You have completed already all the tasks asked of you, spent so much of your time and now you need to trust a quickly thrown together website as the ICOs owners only realized last minute it had to perform the airdrops KYC.

It can be more than frustrating to be filling out further forms, submitting documents to projects you may believe in, but whether you can trust their server’s security is another point entirely. Unfortunately we know that there is a very large number of ICOs disappearing but does your information just disappear as well?

KYC and AML regulatory procedures are important to follow because they ensure that the crowdfunding process is free of bad actors. It may scream against every libertarian / anarchistic vein in your body to identify yourself to a third party but unless this is done, bad actors will be using ICOs to launder money and therefore permanently stain the entire blockchain industries reputation.

KYCbench can help ICOs and airdrop crypto treasure collectors like you by providing a platform that is easy to use, secure and private. ICOs can leave the work to the professionally trained staff to sort out and whitelist airdrop participants and airdrop participants know that their information is under their control and is safe (due to GDPR and ISO27001 compliance).

KYCbench, your reliable KYC partner

GDPR & ISO/IEC 27001:2013 compliant
Please contact KYCbench today, the most reliable ID verification processor at: contact(at)
Join our Telegram Groups:
KYCBench Announcement
KYCBench Community


New Airdrop From LAToken Exchangec (no need kyc ) (100% real)

Started by asn

Replies: 2
Views: 1642
Last post May 18, 2019, 01:00:46 AM
by asn
"!! Hot NEWS - FotonUSD Airdrop - 200 FUSD (200 $) NO KYC (Only 2 days)

Started by asn

Replies: 0
Views: 860
Last post December 23, 2019, 06:20:26 AM
by asn
Opinions on TrueReply ICO?

Started by GoBelle

Replies: 0
Views: 1680
Last post March 10, 2018, 10:50:04 PM
by GoBelle
Well, the airbnb of healthcare on the blockchain is conducting an airdrop.

Started by GoBelle

Replies: 1
Views: 1806
Last post June 23, 2018, 05:30:54 PM
by BestW1shes
[ANN] ICOAnatomy - ICO Ratings, Coinlist, Cryptofund list and more

Started by ICOAnatomy

Replies: 10
Views: 2935
Last post July 20, 2018, 11:36:25 AM
by ICOAnatomy

your ads here