TO ALL BOUNTY PARTICIPANTS
Knowledge.io is domiciled in the United States of America. We are subject to laws of the United States of America, and therefore must follow them. The company has been domiciled in the United States since day one of our bounty program. You agreed to work with us, and as such you must understand the legal requirements of a bounty program that is run for a US company.
In order to transmit tokens to bounty participants, we must have a 3rd party specializing in this area verify your identity. This is not KYC/AML, rather it is simply identity verification to verify the recipient of the tokens is not in violation of OFAC requirements.
The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury administers and enforces economic and trade sanctions based on US foreign policy and national security goals against targeted foreign countries and regimes, terrorists, international narcotics traffickers, those engaged in activities related to the proliferation of weapons of mass destruction, and other threats to the national security, foreign policy or economy of the United States. OFAC acts under Presidential national emergency powers, as well as authority granted by specific legislation, to impose controls on transactions and freeze assets under US jurisdiction. Many of the sanctions are based on United Nations and other international mandates, are multilateral in scope, and involve close cooperation with allied governments.
We don't store the data. It's handled by a 3rd party identity verification company, ICOS ID, who specializes in this business and they will remove the data on request by the user. So you can verify and then be approved, wait for your tokens, and then immediately request the 3rd party company to remove your info the next day.
Please understand that we cannot violate the laws of our country. If you do not wish to perform a simple identity verification, then we cannot distribute your tokens.
Even if I personally do not like identity verification to participate in a bounty campaign, I have to admit that given the different realities of each country, it is understandable. Everyone can understand that laws must be respected, so it's not another option. Good luck to all!
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