Project looks promising , we talk about privacy , decentralized world but at a certain point we must encounter KYC process and I think that's imp for identify who are you ?

I have two questions :

1. is this token tradable on exchanges , if yes when and which exchange ( give some clarity ) ?

2. How the price of token will increase I mean how will demand rise for token as lots of such project already in the market  

thx

Hi Igor, thank you for your message

I honestly think that there is no similar product in the market.

Other competitors are focused in authentication (phone number and email), which is not an international KYC standard, whereas ours is.

There is no identity wallet in the market which allows you to access to your identity documents stored in your device, notarize them and apply for and buy residency and citizenship by investment, company incorporation, bank accounts, digital wallets, coin exchanges etc. (check out all services that will be available at launch at http://alpha.selfkey.org/marketplace).

There is no token, with which you can buy these products and services.

There is no identity wallet that can store ETH or any ERC-20 token, where you can send ID documents and ETH, and participate in token sales with just one click


There is no identity system in the market that can provide for linked identities and multilevel verification, and offer services to aid company management, such as stock transfer ledger services.

There is no identity wallet with which you can access to your ID documents and store any ERC-20 token, and instantly send them to participate in token sales.

The SelfKey platform also provides eNotary, eSign, customized KYC templates, sanction screening, company registry lookup, company laws and kyc laws lookup. I want to remark that this technology is live, tested and implemented in start ups, renowned banks and even used for token sales whitelist processes.

Currently, there is no product in the market that allows for data minimization.

I want to highlight that SelfKey's approach is transparent. The user does not store any data or documents on SelfKey servers or the Blockchain. These are stored on the user's personal device. There is no centralized database.

Also, our token economy is substantially different from that of other identity management projects.

A user will pay tokens for the attestation of his identity. In the same way that you go to the notary with your physical document to certify it.

The user will pay tokens to onboard in a product or service. In the same way that you currently pay a registered agent for the incorporation of your company.

The relying parties will allocate a portion of the tokens received to reward certifiers, who have verified the identity of the customer that has been successfully onboarded.

This allows for a transactional economy feasible in the long-term, where all parties involved are incentivized to use the KEY token.

It seems the concept of this project is very promising and has good prospects.
Hopefully can run smoothly and successfully as planning.