How can I contribute ? I went to the webpage and clicked the contribute tab,it does not direct to a Ether address.
Also, regarding the KYC info, how does that get processed, what is the procedure ? I do not have any utility bill it is included in my
rent payment; Will a rental lease contract suffice?
Thank you for the interest to the openANX platform, timothy17
1. Works for me. Just checked. You have to go through some "I agree".
2. You may read the OAX Token Sale Information Memorandum. There is a lot of info about KYC in this document:
https://www.openanx.org/en/assets/documents/openANX_Information_Memorandum_ENU.pdfAccording to the team representatives:
Actually on practice KYC and AML/CTF will be done for large payouts only. The team is expecting to implement this to some people, no more.
Here is the answer about KYC from Dave Chapman on Telegram:
- Hi Phi, and thanks for the question. The Foundation has sought counsel from law firms in Hong Kong and the United States as to the potential legality of conducting the token sale. As there are no established directives or clear polices from regulators, the Foundation has undertaken a prudent approach to conduct the token sale in compliance to relevant legislation and regulations. The counsel has recommended that the foundations complies with established KYC and AML standards and procedures to disincentivize the utilization of the token sale as a vehicle for money laundering or other illicit activity. All KYC information will be collected and maintained in accordance to strict data protection policies therefore the participants and the foundation will be in privity of the KYC information and a disclosure will only be made should it be required by a law enforcement agency as part of a regulatory or criminal investigation. The foundation believes, in openness and transparency and thus it is compelled to follow all relevant legislation and conduct the token sale with the highest level of integrity. Please let me know if this helps.https://web.telegram.org/#/im?p=@openanxteam Thank You for the reply, FYI the prompt to the subscription page does not work with Firefox, I was able to proceed when I changed my browser. I have read the KYC
disclosure, I am just concerned because I may not be able to provide proof of address in the manner requested because it specifically requests a utility bill which I do not receive :
"Direct Purchasers will be required to verify their identity and adhere to the Foundation’s KYC policy. This includes the submission of both government ID and proof of address. Valid Identity documents include a passport, national identity card, or driver’s license. Valid proof of address includes utility and rates bills not older than 3 months.
Other forms of ID and Address verification may not be accepted. Any purchased OAX will remain inactive until account verification has been completed and deemed satisfactory by the Foundation."
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