Won't access to the services of your agents be limited to the big cities?
No, not necessarily. The project does not plan to maintain a staff of agents. Almost anyone who is willing to go and confirm someone's identity and verify his or her documents for $5-25 can become an agent. Like an Uber driver, it is enough for the agent to have our application, through which orders will be placed. If clients who would like to use this service appear in a certain region, we find local people who are willing to act as our agents. |
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what is the minimum investment?
Hi there, you can see your minimum investment in your personal cabinet here: bookbuild.kyc.legal just log in or register. Step 2, Choose crypto currency. |
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The following has been stated in the white paper and on the website:"User is able to choose information provided to service" - what does that mean actually?
I thought, required information is defined and is a must, sthus user cannot choose what to provide. Please, elaborate.
Some of the users want to verify only their names and card id for example, that's their choice and everyone who want to verify their person can do that. For example in casino, or some sort of that, where you need to verify your age under 21 - that will help you do that, and solve many problems. For taking credit in bank you need to provide more personal information about yourself. |
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Is it protected from hacking attempts?
Yes. We did the following: 1) Personal information is protected by encryption and biometric data 2) Data is hosted on user’s device 3) User is able to chose information provided to service 4) Document verification with digital sign |
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What actual problems does KYC.Legal solve?
Our solution is focused exclusively on client identity verification. Our slogan is "Quick and easy". Making it quick and easy to receive KYC. Using our platform, user verification, from the installation of the application and registration in the system to the arrival of an agent, takes less than 30 minutes. This solution will be applicable to all kinds of different areas of business, and not only to creditors. |
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In a business model you shared on the official website it is clearly stated that 1 token is going to be locked for one months (interaction scheme for token holder and user). Could you please explain a bit more what is that 1 token and why should it be locked and why for one month?
It's blocked for using it later, for discount, so you can share it like referral every month. |
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How to buy KYC.legal token?
1st step: Register or log in on https://bookbuild.kyc.legal/2nd step: KYC tokens (You can enter a number of KYC Tokens you want to buy and calculate the amount you would need to have in your account wallets.) 3rd step: Make a deposit (Choose between Bitcoin, Litecoin, Dash, Ether Classic, Ether, ZCash, USD) 4th step: Buy KYC.legal tokens. |
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You have quite an impressive list of advisors while team has not so many members. Why so?
We have a lot of advisers because in the process of developing and implementing our project on the market it is necessary to consider many aspects in which our advisers are well versed. Our service is designed to work in many countries and we must take into account all the features. |
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Where are you going to launch your project first?
First countries will be Hong Kong and Madrid. Full information about this you can read in our WhitePaper https://kyc.legal/WhitePaper-ENG.pdf |
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How many funds are already collected ?
9.7M already raised. If you want to know how much exactly - go to https://bookbuild.kyc.legal log in or register and you will see on the right side. |
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Where are you storing user's data?
All user's data hosted only on user's device. |
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Why does verification process take about 30 minutes? If we look at your whitepaper I mean.
This is the time that takes for the agent's arrival and verification of information. We want to make the process as most comfortable for you as possible. |
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And what percentage of tokens will be sold during the ICO?
Amount of tokens is 42 000 000. 80% will be sold to ICO. So 35 000 000 is being sold during ICO. |
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Will you return my Eth if you fail to collect soft cap ? How long to wait for them?
The soft-cap has been passed already. The project has already attracted some funds and the company is engaged in the implementation of various services. The construction of the token is implemented in such a way that the tokenholder has the opportunity to earn large amounts of money by using his token on the stack. Tokenholders will help attract customers and thus the project will develop faster. How long to wait after the token sale to receive KYC tokens ? The tokens will be distributed during the week after the end of ICO |
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And when will ICO end?
It will end on 1st of March, 2018. |
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Is your token exchangeable?
Yes! Our token complies with the ERC20 standard and can be placed on any exchange that supports this standard. And what exchanges will i be able to sell them on? What will be the first? What do you plan to cooperate with ? Thank you for your questions! We have already concluded a number of partnerships with exchanges and services and we are announcing them in the near future. After the ICO tokensale or before the end ? Before ICO ends. |
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Did you have any marketing studies? When is the market ready to buy it?
Thanks for the question. If you are asking about whether this product is needed for the market, then look at what is being written in the news and what laws are being passed around the world. We want customers to be either fake or fraudsters, but at the same time we do not want to share our data and be protected. All these points we solve with the help of our product. And we ask you to become our partners and help develop this product. In our team there are specialists with successful experience in marketing but the main thing in us is that we are open and honest with you and talk about all the details. Ok and when will the tokens be distributed? They will be distributed automatically on your ETH wallet during the week after the ICO ends. |
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Why do you have advisers more than team members ? Or they are a part of the team ?
We have a lot of advisers because in the process of developing and implementing our project on the market it is necessary to consider many aspects in which our advisers are well versed. Our service is designed to work in many countries and we must take into account all the features. Do you need new team members ? The team has been working in information technology for a long time now, more than 10 years. The core of our team has been together for more than five years now, working on projects that cater to our already existing businesses. Right now its formed already, so no, we don't need new team members. |
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What agent need to do to earn max for the registration ? I mean what are the demands for the agent ?
Agent gains 50% of the verification cost, so his earnings only rely on him. Potential agents undergo a fairly in-depth verification process: utilities bills issued in their name and to their address, passport or other identification document, details of bank accounts that have been in existence for at least 45 days (this ensures another level of reliability, we do not want fly-by-night agents). We check those who will then check our clients. Do they need some special knowledge or experience ? Anyone, anywhere in the world, who meets our selection criteria can become an agent. The KYC.LEGAL agent will receive a commission for each visit to a user. One might say that this is a sort of "uber KYC". |
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Did you have any marketing studies? When is the market ready to buy it?
Thanks for the question. If you are asking about whether this product is needed for the market, then look at what is being written in the news and what laws are being passed around the world. We want customers to be either fake or fraudsters, but at the same time we do not want to share our data and be protected. All these points we solve with the help of our product. And we ask you to become our partners and help develop this product. In our team there are specialists with successful experience in marketing but the main thing in us is that we are open and honest with you and talk about all the details. |
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