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Thank you. About what this is?

https://twitter.com/Bill_Djons/status/958610530385752065

 only one tweet, if you have a desire to thank you will always find the addresses on my page on Twitter ... by the way ... Facebook and Instagram have banned advertising crypto and ICO

Thank you. Maybe you wish to participate in our Bounty campaign?

How will this work?

It looks like the project is interesting and will be a success

Very interested in your project.. Do you guys plan to only provide services to ICO's or will also host ICO's?

A simple overview about the process is like this:

1. Persons download our app that will be available on February 21st.
2. Then provides details about themselves - name, last name and country of origin, e-mail address. We verify this information using several government and non-government databases. Also we check if the persons are not on any Sanction list or a PEP. Additionally we check if the person is not from countries where Token Sales are not allowed.
3. After that persons take a photo of their ID document. We verify if that it is not a forgery.
4. After that persons are asked to take photo or video of themselves. We do face matching with ID document.
5. After all checks are passed, person transfers a small amount of ETH to identity address displayed in app to link wallet to their identity. ETH sent will be refunded, except gas.
6. When transfer is complete, app offers to link wallet address to identity. This wallet must be used when participating in ICO. Multiple wallet addresses can be linked.
7. After linking person can register for participation in ICO by selecting ICO name from a list or entering address manually.
8. User the is asked for approval to send personal information to selected ICO address.
9. After approval process is complete and app generates encrypted package of personal information, stores it in IPFS.
10. Link to package is sent ICO organiser and encrypted package can only be opened with private key in ICO organiser’s posession.

More information can be found in White Paper: http://bit.ly/2nkGfoE

Thank you :)

Initially we will provide our product to other ICO organizers. As regulators are coming hard on ICO organizers, we believe that a need for a convenient KYC tool will grow even more.

Like the project. easy to understand.. its a solid project and recommended.. Thinking on investing  ::) ::) ::)

Thank you for the support. Appreciate it.

Exciting. Our company among most promising startups by The Next Web: https://thenextweb.com/syndication/2018/02/01/latvian-startups-watch-3d-printed-casts-crypto-inheritances-tiny-manned-aircraft/

How is possible you are getting so few comments?
This project is huge. Currently KYC verification step is a pain in the ***

We will have a PR push starting from next week. That will drive more people. I believe this is just a matter of visibility. The product is great and we already have investors that are ready to invest.

Very trhilled to know more.

Will ICO Pass solve the problem of fake companies doing fake KYC to collect personal data?

Yes, exactly. We will use our adaptive KYC system that analyses different data sources in order to do that with high accuracy. In our experience we have seen three things - people are coming up with fake person identities, they have somehow got personal information about another person and try to impersonate this person or they are forcing a person to use their identity for illegitimate and criminal activities.

The first we are solving by checking if ID documents and passports are not forged. If there are ID documents without safety features, we match personal information about the person with different government and non-government databases.

The second we solve by doing a face matching. We use selfies or videos of a person and match that with ID document.

The third man we solve by looking either at suspicious behaviours in the video or by analysing the audio recording during video session.

And all of that is happening automatically, without need to involve people in the process.

Our co-founder Gints just published an article explaining the principles behind our Token Sale: https://medium.com/icopass/notakey-ico-approach-icop-becea0a6ff1d.  Go check it out.

How many total is planned to release ICO Pass tokens?
How much will it cost for 1 token?

In total there will be 60m tokens. 20m tokens are for sale.

Price will be determined in Dutch auction: https://medium.com/icopass/notakey-ico-approach-icop-becea0a6ff1d

sounds very interesting.
The 7.5USD per check is then paid through token, or how is money made in this system?
This is payed by the user? Currently the one who wants to know his clients pays, but since the client has the token, has he to pay?

Thank you. In order to make it as simple as possible we went with payments via in-app purchase. In this case the persons that wants to be identified pays and also holds their identity data with themselves. In case where a company decides to pay, persons will not need to pay for the service themselves.

Token in our solution is used as a revenue sharing token - meaning as long as you will hold our tokens, you will be eligible to receive part of revenue that is generated with our solution. Revenue collection and distribution is happening automatically without our involvement - we use smart-contract for that.

thank you for answering!

I see this project has a large allocation and much profit in on this project. Hopefully increased participation of participants who would like to join in this project and a lot of investors who are interested in this project. and who join in this project get the results in accordance with our hard work and performance.

One of the biggest use cases for platforms is that people can make sure they are the person and deal with who they say they are. It brings the world into an entirely new opportunity for the cripto world.

Totally agree with this. Just imagine how many new interesting use cases will arise because of that. I believe that finally we will be able to have secure and convenient user experience for all.

At ICO Pass we are all about user experience and security. Our co-founder Janis Kirsteins writes about making Ethereum wallet for fun: https://medium.com/icopass/writing-an-ethereum-wallet-for-fun-e82a05322ae2 #Ethereum

I love this project and the experienced team behind it. All the best

A very useful project for the future. making KYC verification easier and less cost required is also not much. projects like this are very interesting to follow because with this project many projects have no difficulty in terms of verification. hopefully the project can run smoothly.

Making KYC verification does not take much time and good security for investors is a very impressive and indispensable thing for the present and future.

Thank you. We are getting a lot of questions recently that we should publish our Advisors. Do you think it is necessary or do you think that it is not as the team is very experienced already in all the fields?

Thank you,

Janis

In our experience UX is one of the biggest challenges for KYC and digital identity in particular.

Before launching ICO Pass our team has worked on Latvian Government ID architecture and e-signature solution. At that time the only allowed way for government institution to login and sign electronic documents was using ID card and a special purpose reader. Due to the cumbersome experience only 1% of the Latvian population was using it. Therefore we developed a new web based solution for signing legally binding documents that increased the number of active users significantly. At that time this was the first solution in Europe that allowed to sign electronic documents without ID card. The reason why I am writing is that at our company we know how important is security, however if it gets too cumbersome for users, nobody will use it. That is why at ICO Pass as well we have come up with several ways how to make the user experience great:

- payment for the service can be done through in-app purchase, removing friction what happens when a person has to manually type in credit card data.
- input from the person is reduced to minimum - persons takes photo of their identity document and themselves via the phone. Then all the identity verification and checking Sanction lists is happening automatically. If it cannot identify a person by one method it uses another one until there is a high confidence that the person is not involved in illicit activities.
- even such a thing as a linking wallet with identity address is made super simple.

And while we try to make everything as automated as possible, we are also able to reduce costs.

I forgot to mention. It is not only important for end-users to have a smooth user experience. It also applies to ICO organizers that are doing KYC. For them what we have done is:

- ICO organizer has a dashboard with the information about their contributors and what is the status with their verification. In case where it is not possible to determine the identity of a person or for some reason person shows up in any of the Sanction lists, ICO organizer can contact the person in order to clear the doubts (during identity verification we also collect contact information of the person);
- As the identity is linked to the wallet, we can see that a sum that is transferred to an ICO organizer's comes from an un-verified wallet. In that case the funds are returned automatically to the sender.

These are just few of the things that we tried to make as simple as possible. We truly believe that doing as much automation as possible is the best scenario. It is not only convenient for all parties but can reduce costs for the service. And that is also something what European Securities Authorities are encouraging for user identification.

Definitely. Security cannot be taken lightly. It is not only fines that a company has to worry when data is leaked but also the reputation. Can somebody trust a company that has leaked their user data? Just take the Sentinel for an example. It will be interesting to follow how much their token price will drop because of this: https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

What we have seen is that valuation of the company drops around 10% as it was in the case of Yahoo hack: http://money.cnn.com/2017/02/21/technology/yahoo-verizon-deal/index.html

what is ico price?

It should absolutely be actualized, I am fed up with making kyc for each ico, there will be a sole central system and all icos will be integrated to the ones that made validation, we have the absence of this.

The price will be determined in Dutch Auction. In a Nutshell it works like this: the price starts high and then lowers until all tokens are sold.

This is not a uncommon way to do it. The U.S. Treasury uses a Dutch auction to sell its securities. To help finance the USA’s debt, the US Treasury holds regular auctions to sell Treasury bills (T-bills), notes (T-notes), and bonds (T-bonds), collectively known as Treasuries. Prospective investors submit bids electronically through TreasuryDirect or the Treasury Automated Auction Processing System (TAAPS) which accepts bids up to 30 days in advance of the auction.

Google opted for a Dutch auction to earn a fair price on its public offering. Prospective buyers submitted bids based on the number of desired shares and what they were willing to pay for them. After the auction ended, underwriters sifted through bids to determine the minimum price they would accept and landed on an IPO of $85 per share.

To our mind, the Dutch auction is a straightforward way to establish the true fair market price for an ICOP, ensuring participants are aware of what they are getting in return.

Having looked into smart contracts used in Dutch auctions, we found the type used for Polkadot’s ICO to be the most suitable. It is tried and tested and the result speaks for itself, with a lower level of risk involved for us and potential contributors. As we are going to use smart contract, there is no need to wait for everyone to submit their offer. Bidders can see the price upfront. The sale will start with an initial 15% ETH bonus for the first hour. For example, a 100 ETH purchase in the first hour will cost 115 ETH a day later for the same number of ICOP tokens. For every period where 2 blocks are confirmed without new contributors, the early participation bonus will drop by 1 percentage point. After the 14th drop or 24 hours elapsed (whichever comes first), the early contribution bonus will end. The auction will start with a very high ICOP price and decrease, quickly at first and then more slowly. The initial price will be so high as to make it impossible for anyone to force the sale’s end by buying all the ICOPs immediately.

If bidders feel that the reached price is reasonable and they are ready to commit, they will send ETH to the bidding address, guaranteeing their tokens at the reached price or lower. If done during the bonus period, the smart contract will treat the amount as though it is up to 15% higher than the actual price and allocate ICOPs accordingly.

On each bid the smart contract checks if the total amount bid is enough to buy all ICOPs at the current price. The price will gradually go down from there, and the calculation redone for each bid.

When all ICOPs have sold or the time expires, the auction will end. The ICOP price will be the final price at this point. If all ICOPs were sold or the auction time expires, ICOP price will be calculated by dividing all ETHs transferred with total number of ICOPs available (20 million).

You can find more information with examples on the post we wrote: https://medium.com/icopass/notakey-ico-approach-icop-becea0a6ff1d

ICO is who very brillian, I do not know whether the ICO is successful in the future or not but it depends on the team that manages this project well.

hopefully the target can be achieved and success for your project.

Totally agree with this. I could talk for hours how ineffective are the existing solutions. Just take Friendz ICO. Imagine, their Founders were going through every KYC application manually: https://twitter.com/Friendz_ICO/status/962351586336034816

Then of course there is also a question how secure are the solutions. Just take Sentinel data leak as an example: https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/

We definitely can do things better then that. And this is exactly what we will solve with ICO Pass.

Thank you. If you take a look at the team then it will clear all the doubts. We developed Latvian Government State ID architecture and E-Signature solution for citizens. We also have a working relationship with the banks: http://swissfinancestartups.com/2016/12/notakey-swisscom-ubs-cs/ (Notakey is the name of our company that is developing ICO Pass). Moreover, the product is ready and everybody will be able to test it out on our Token Sale. This will be the first time we will use our product before giving it to other ICO organizers.

I’ve seen ICOs struggling with KYC due to manual check long after the token sell- the question is, if token issuers can do KYC with ICO PASS before the actual ICO, avoiding long lines? Does the team have experience with digital identity projects? Great project By the way.

Thank you. Yes, KYC can be done before the Sale. That is actually how we will do in our ICO. The contributor will be asked to verify the identity and whitelist the wallet before buying the tokens. In case a person sends funds from an un-verified wallet - these funds will be returned immediately to the sender using smart-contract. A more detailed description how this will work is here:

- users download the app;
- fills personal data about them such as e-mail and verifies it (this is needed in order to be able to later on contact contributor if there is need for additional information);
- takes photo of the ID documents and themselves;
- when the authenticity of the person is verified, watch-list checks performed and face-matching done - identity is considered to be verified;
- person then links the identity with the wallet address;
- when a person transfer then funds from a wallet smart-contract checks if it is linked to a verified identity. If it is not, then funds are returned.

For ICO organizer we will provide a dashboard where all this information about contributors is collected - watch-list report and photos of the person and ID document.

Forgot to write about our experience. If you check our team in details you can see that 5/6 have a technical background. Before ICO Pass we have developed both Latvian National eID architecture as well as e-signature solution. Moreover, in this capacity we have signed deals with UBS and Credit Suisse on building eID solution in Switzerland. You can find information about this if you Google our company Notakey and UBS. If you have concerns about our blockchain experience you can check our blog posts on Medium: www.medium.com/icopass. Some of the blockchain companies that are building ethereum wallet have expressed interest to consult them in this field.
About experience in building €MM business you can check Gints experience. He has managed €119m budget. Also one of our Advisors is Stefan Loacker - Former CEO of Helvetia Group (the biggest Insurance company in Switzerland).

Simple and Genius.
It will work especially wel because  ICO KYC is starting to become more common even in the cases of bounty.

Love it, will spread the word!

KYC can be very annoying, and as it looks like it is also expensive at the moment.

Sounds very promising for me.

great project . good naghit :-*

Cool new project.  Nice to have a simple / consistent approach to KYC checks! 

Novo projeto legal. É bom ter uma abordagem simples / consistente para cheques KYC!

I want to be part of this amazing project. It is full of potentials that will transform the members

Peace be with you sir, by the way Do you plan to be involved in Government consultations regarding ICOs? I believe that it could add you credibility?

The idea Pass is interesting.  Can you explain to me.  How much do you guys want to expand ?   Thankfulness.

Yes. We already have Advisor that is Member of EU Parliament and is involved in Blockchain regulation in European Union. We ourselves have previously developed Digital Identity solutions for Latvian Government. This all together puts as in a great position to work with Governments in the future.

hello honor admin. I apologize in advance, I have been filling Twitter and Facebook campaign reports in weeks 1 & 2 but in Twitter spreadsheet number 83 and Facebook number 66 is not filled with numbers what is wrong with my report ?? please very much to be corrected. and today I have reports also weeks 3 & 4. thank you

Can you please write to us in Telegram?

Hi. Thank you for addressing a real-world issue. Ethereum needs more working models rather than just issuing ERC20 tokens to pie in the sky ICOs. Wish you lots of success!

Croatian ANN
https://bitcointalk.org/index.php?topic=3075843.new#new

Great news. As the Token Sale is is coming up we put a Quiz on Reddit, where all correct answers will get ICO Pass tokens: https://redd.it/836v21

In the white paper The 1 ICOP holder can get 5 tokens for free with another notakey ICO.
I think that this is a very important for the investor, is there any further detail on this?

 interesting to follow because with this project many projects have no difficulty in terms of verification. hopefully the project can run smoothly and will bring it success

I would call up managers and community members to update the news about the ICO in this thread and other channels then let the world know about it. IcoPass is highrated up to 4.2/5 in major ICOs sites and the whitepapers are clearly simple to understand the techniques and the the vision behind it. I trust the team which doing a good job so it's up to the channels managers to wake up the world about ICOPASS.

There will be more information about this after the end of Token Sale - around end of April.

The ICO KYC market war — KYC.Legal vs ICO Pass
Lately a few companies have realized that the current method for doing KYC for ICOs is slow, time-consuming and inconvenient. However, KYCs are mandatory — no startup can no longer skip the process. The looming threats about Anti-Money Loundering lawsuits are too palpable. The ICO organizers MUST know their customers — it might and will backlash should they omit doing it.
https://t.co/3sV2HWKbgd (https://t.co/3sV2HWKbgd)

is this project over or is it still going on? if there is no what results. I see a lot of such projects, legislators from different countries want to know in the face of those who move the markets of the crypt. what is the reason for such a boom of KYC projects?

Regulatory authorities in each country wish for AML(Anti Money Laundering).

and Finally ICO Pass launched!
This is not a beta version, it is a real product.
Congratulations developers :D

Android : https://play.google.com/store/apps/details?id=com.notakey.kyc.ico.android
IOS : https://itunes.apple.com/app/ico-pass/id1321902318?mt=8&ign-mpt=uo%3D4

Since the project and the token sale have been put on hold, it is certainly necessary to announce more with bitcointalk. :P

The image from the app in the post above points out the 6th April as the start date of the tokensale. In ICObench, it's denoted that the crowdsale starts 25th of April and lasts till 25th of May: https://icobench.com/ico/ico-pass
I tried to verify each one is correct but there is no mention in the official website or even in telegram group. Which date is the correct one?

Hey guys, good luck with ICO Pass :)

We invite you submit your ICO (https://cryptonext.com/submit-ico) to CryptoNext’s ICO List (for FREE!)

http://cryptonext.com/submit-ico (https://cryptonext.com/submit-ico)

We provide objective reviews and analysis on selected ICOs for over 300K+ monthly potential investors (https://i.imgur.com/Gp94swy.png) - so please provide as much information as possible in order to get the highest possible rating.


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Thx devs! I read the white paper. I find this project is very great and I see that team aims to growth and development.

Great news. We just launched our Token Sale and have reached already 30% from Soft Cap. Join the Sale now: https://sale.icopass.id

Excellent project and purposeful team . I strongly recommend that you take part in this interesting and very promising project. They do their best to take leading positions in its own field.

It's one project that is full of innovations and ideas that will surprise everyone. Keep the good work on

The project is developing very well, which is exactly what we want to see. I'm very happy about it. Good luck to you all!  great company, great job!

I see this coin project very strong and exceed $ 1 another this year

The product, which is presented by the creators of the project-is really needed in this area, as a breath of fresh air. And if the product will be used — it will be a success.Thanks to the excellent team of developers and a unique approach to the idea of passing the KYC procedure, the token sale can end very quickly.

Amazing news. Our co-founder Janis Graubins got accepted by European Commission as 1 of 30 people in EU to shape Blockchain Regulations: https://www.eublockchainforum.eu/2018/05/18/eu-blockchain-observatory-and-forum-names-members-to-core-working-groups/

DOI need pass the KYC to get my Cryptics tokens. Who knows??
Really cool project I don't want to fail.LOL