I saw that to buy token i need to have ETH wallet. Is it important? I dont have it  No problem! You can use the direct deposit function. Try it out! |
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Hmm, that's a lot of steps. But its probably understandable considering the importance of information stored...
Yes, we know, but you have a right idea - you can never be too serious with the safety of Identity data. |
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You say that your system prevents fraud and hacking. Can you really be sure that you will be able to do it?
Yes! Our team did the following to prevent hacking of your data: 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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Why do you think your token will be valuable in the future?
Hello! thank you for an interesting question. The speed at which the cryptocurrency market is developing is incredible and is bringing many new services with it to the market that require potential clients to go through KYC procedures. The product that we plan to bring to the market is equally advantageous for both clients and companies. For clients, to receive access to the desired goods and services, and for companies, to attract new clients. However, only holders of our tokens will be able to take advantage of the capabilities of the platform. In addition to the extensive features of the platform, they will also be eligible for various types of incentives. We are sure that KYC.LEGAL will offer the market a timely product that is in high demand It sounds that you are confident with your project. Good sight to see, i'll take a closer look. Thank you for your support of the project. We hope you'll like what you'll see. |
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Why do you think your token will be valuable in the future?
Hello! thank you for an interesting question. The speed at which the cryptocurrency market is developing is incredible and is bringing many new services with it to the market that require potential clients to go through KYC procedures. The product that we plan to bring to the market is equally advantageous for both clients and companies. For clients, to receive access to the desired goods and services, and for companies, to attract new clients. However, only holders of our tokens will be able to take advantage of the capabilities of the platform. In addition to the extensive features of the platform, they will also be eligible for various types of incentives. We are sure that KYC.LEGAL will offer the market a timely product that is in high demand |
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what currencies do you accept at ICO?
We accept Bitcoin, Litecoin, Dash, Ethereum, Ethereum classic and ZCash. |
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how long is your team's experience with blockchain?
We have 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 and provide B2B (business to business) solutions: project management, goal setting, audit, etc. We have been watching blockchain closely since 2016, and have now joined forces with Nick Evdokimov and decided to hold our own ICO. Nick Evdokimov is an experienced and talented blockchain entrepreneur and founder of dozens of successful projects. The team currently has 12 members, including a number of developers with whom the founders have already released numerous joint projects. |
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How much will be the referral bonus?
Your reward will be 5% of all KYC tokens, purchased by your referrals. What is the procedure of getting of referral bonus? You can use it to share the project with your friends and other interested parties. If any of them sign up with this link, they will be added to your referral program. Your reward amounts to 5.0% of all KYC tokens purchased by your referrals. |
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what are your competitive advantages?
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. The project Token KYC.LEGAL is a discount token that offers its holders numerous advantages. The main one is the opportunity to receive a 50% discount on the verification services provided by the platform for the purposes of KYC. |
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How do you provide security for the parties: company in need of a verification, person being verified and agent?
Thanks for your question. The initial information entered can be anything, even false information. However, when the order is processed we check the cardholder and the party who is paying the money. The card is issued by a bank, which performs some sort of check on its end. Potential agents also 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. Thank you! Do you have examples of application of your system in Eastern Europe, ex-USSR countries? The information about concluded contracts will be published soon. Follow our news. Telegram - https://t.me/KYCLEGALFacebook - https://www.facebook.com/KYCLegal/ |
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How do you provide security for the parties: company in need of a verification, person being verified and agent?
Thanks for your question. The initial information entered can be anything, even false information. However, when the order is processed we check the cardholder and the party who is paying the money. The card is issued by a bank, which performs some sort of check on its end. Potential agents also 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. |
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Haha, your allocation of proceeds is so unclear and doesn't make sense at all. Please clarify what those allocations are and specify why you need them:
- $2.5 million - discounts for partnering funds
 ?? - $3.5 million - referral payments ??
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation (seriously?? so much money for marketing? wtf..)
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper? In other words, it seems like you are wasting $12 million of investor money
First of all, we don't have "investors". When you buy a token you become a tokenholder. Our token allows tokenholders to gain a profit by leasing the tokens to potential clients, which means that tokenholder is granted a monetary gain. Our main goal for marketing is increasing the size of the project, drawing many services which will integrate our solution in their practice and increase the amount of clients in our base (verificated clients). That's why the main costs are located in marketing. More potential clients in need of verification mean that there are more ways for tokenholders to make use of their tokens. These calculations show that with the goal that we have set we will need to spend this amount of funds. Various companies were involved in these calculations, they prepared documentation that was based on the current economic situations in regions in which we are planning the development. We thank you for your deep interest in our product and we will be happy to listen if you have any examples of projects with similar scope of goal and financial indicators we will gladly become acquainted with them. We hope that your constructive feedback can benefit kyc.legal! You don't have investors, but token holders? So people don't invest money? They get tokens for free? "Our main goal for marketing is increasing the size of the project, drawing many services which will integrate our solution in their practice and increase the amount of clients in our base (verificated clients). That's why the main costs are located in marketing. More potential clients in need of verification mean that there are more ways for tokenholders to make use of their tokens."
So... why 3 million? Can you show calculations? How much do you need to increase the size of your product? What kind of services do you need? These calculations show that with the goal that we have set we will need to spend this amount of funds. What calculations? Share them please. And, you did not answer why you need so much money for: - $2.5 million - discounts for partnering funds
- $3.5 million - referral payments
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation
Please answer these in detail. Token holders buy, hold or sell tokens. All information about planned costs is displayed in the White Paper. We will provide additional information about costs as the project develops. We have a working product, a strong team and support from partners. |
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Haha, your allocation of proceeds is so unclear and doesn't make sense at all. Please clarify what those allocations are and specify why you need them:
- $2.5 million - discounts for partnering funds ??
- $3.5 million - referral payments ??
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation (seriously?? so much money for marketing? wtf..)
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper? In other words, it seems like you are wasting $12 million of investor money
First of all, we don't have "investors". When you buy a token you become a tokenholder. Our token allows tokenholders to gain a profit by leasing the tokens to potential clients, which means that tokenholder is granted a monetary gain. Our main goal for marketing is increasing the size of the project, drawing many services which will integrate our solution in their practice and increase the amount of clients in our base (verificated clients). That's why the main costs are located in marketing. More potential clients in need of verification mean that there are more ways for tokenholders to make use of their tokens. These calculations show that with the goal that we have set we will need to spend this amount of funds. Various companies were involved in these calculations, they prepared documentation that was based on the current economic situations in regions in which we are planning the development. We thank you for your deep interest in our product and we will be happy to listen if you have any examples of projects with similar scope of goal and financial indicators we will gladly become acquainted with them. We hope that your constructive feedback can benefit kyc.legal! |
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So you have previous experience, correct?
Yes, that is correct We have 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 and provide B2B (business to business) solutions: project management, goal setting, audit, etc. We have been watching blockchain closely since 2016, and have now joined forces with Nick Evdokimov and decided to hold our own ICO. What are the main advantages of your identity verification system?
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. Why have you decided that the blockchain is essential to your service?
While the initial data is store on the clients device. Hash of data is stored in the blockchain. If something happens with the user's device, user can re-enter the data and go through the verification with a hash. |
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oh and what about the referal program do you have one? You have a referal link in your private cabinet. Your reward will be 5% of all KYC tokens, purchased by your referrals. Is your application up and running? Can i test it now?
Yes, we have a running beta version of the app! You can already test the first stage of verification, as well as share your opinion. Launch software for IOS https://itunes.apple.com/en/app/id1299671637 or https://play.google.com/store/apps/details?id=en.global.id.client for Android hi, do you now have agents for identification or is it matter of some future?
No, right now only the 1st stage (self-verification) is active. We will launch the app for agents after the ICO ends. Its already in the works! Really unique concept, going to follow it closely and see if everything works out. Was there something that pushed you to think of such concept?
About a year ago, our team was working on the creation of a microcredit product for the financial market. We wanted to make the process as simple, quick and reliable as possible. It turned out that the client identification solutions on the market were all too complex and difficult to use. There was simply no convenient solution. We were forced to think it up and create it. The application of crowdsourcing and external agents to the KYC concept makes it possible to ensure its simplicity and speed. |
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Good project, but i think its possible that only the big cities will have the needed amount of agents, while less populated areas will be in problem.
No, we don't think this will be a problem. 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. Thats a good idea and really solves that problem. i hope u succeed! Thank you for your support! im interested how can i acquire the promo code for the tokens?
The promo-code function is not provided. |
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Good project, but i think its possible that only the big cities will have the needed amount of agents, while less populated areas will be in problem.
No, we don't think this will be a problem. 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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