[SELFKEY] ID Wallet for Citizenship, Incorporation, Fintech, Banking, Exchanges

[Yasemin]

Wow, the team is really huge. And nice to see a lot of them have good complete linked in profiles as well, always nice to check credentials, which is sometimes a problem with russian or chinese teams.

Impressive team. Cant believe how big their legal team is. Also good to see there is a blockchain engineer.

without the engineer any project would be in doubt in my opinion.

Yes, but you would be surprised to see how many ICOs there are, without developers! Let alone blockchain engineers

[o48o]

Imho, this project is at the right timing especially in today's ICO's and exchange's KYC requirements which could eliminate  tedious and repetitive tasks which often discourages potential investors.

All those KYC requirements got a big problem cause if you give your personal documents to scammers they can sell it at the darknet.

well, actually you can fake the kyc too just use some fake documents <.<"

Do you really think this is a solution? When a KYC is mandatory for an ICO, you would risk to loose your investment by providing fake documents?

well, actually, every ico is a risk for every investor nowadays. you dont know which one will rocket, and which one will run off with your money and let you alone

for people investing low, they can risk to do a fake kyc. not everyone wants to share his details with every ico or a ico plattform, when he wants to stay anonymous.

this kyc shit came up, thanks to the fukin us gov taking down btc-e...

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

[Trrrt]

I think the timing of selfkey is really good too, now KYC is a mandatory for many ico, and a lot of investors don’t want to do it for every ico. Selfkey will solve this problem, it’s a big use case for me, the value of the project can go really high.

[BY_ATOM]

I just went to check the counter on the website and more than $10 million is already raised! That is almost never happening these days, such a success, and it's just a presale.

10m USD?!?! That's sick!

They have a pre-sale cap which is 15.840.000$, with this speed it will probably reach it before it ends on 24th of December. It is now $10.537.422$

Indeed, already collected more than 10.5 million dollars. Even somehow unexpected. Although we must take into account that now the cost of ETH is more than $ 700.

Yeah but we have also take into account that ETH price could also go back to for example 500$ or so, which would reduce the amount of money.
But I am sure they will raise much more, this is a really useful project for crypto related stuff, so a lot of investors (not just for Selfkey) should be interested in this.

I never expect such amount of money so fast. This project future look much better than I imagined.

Yes, it's actually quite nice and shows that there is demand for this.

I think the demand is primarily associated with the way the team has established itself and the project!

[ParRus]

I just went to check the counter on the website and more than $10 million is already raised! That is almost never happening these days, such a success, and it's just a presale.

10m USD?!?! That's sick!

They have a pre-sale cap which is 15.840.000$, with this speed it will probably reach it before it ends on 24th of December. It is now $10.537.422$

Indeed, already collected more than 10.5 million dollars. Even somehow unexpected. Although we must take into account that now the cost of ETH is more than $ 700.

Yeah but we have also take into account that ETH price could also go back to for example 500$ or so, which would reduce the amount of money.
But I am sure they will raise much more, this is a really useful project for crypto related stuff, so a lot of investors (not just for Selfkey) should be interested in this.

I never expect such amount of money so fast. This project future look much better than I imagined.

Yes, it's actually quite nice and shows that there is demand for this.

I think the demand is primarily associated with the way the team has established itself and the project!

I think you are right, this large and experienced team inspires confidence, investors are ready to invest their money in promising and quality project!

[Rigorous]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

[ImTotya]

I just went to check the counter on the website and more than $10 million is already raised! That is almost never happening these days, such a success, and it's just a presale.

10m USD?!?! That's sick!

They have a pre-sale cap which is 15.840.000$, with this speed it will probably reach it before it ends on 24th of December. It is now $10.537.422$

Indeed, already collected more than 10.5 million dollars. Even somehow unexpected. Although we must take into account that now the cost of ETH is more than $ 700.

Yeah but we have also take into account that ETH price could also go back to for example 500$ or so, which would reduce the amount of money.
But I am sure they will raise much more, this is a really useful project for crypto related stuff, so a lot of investors (not just for Selfkey) should be interested in this.

I never expect such amount of money so fast. This project future look much better than I imagined.

Yes, it's actually quite nice and shows that there is demand for this.

I think the demand is primarily associated with the way the team has established itself and the project!

The amount collected is impressive! Not surprisingly, the project has a future!

[hanshammer]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

In Switzerland there emerges a cryptocurrency valley in Zug. There are a lot of projects and the mayor is very interested in crypto.

[Frank37]

what is the KYC for?
If a Singapore citizen participate in this ICO and made some profit, will he have to declare income tax?

It depends on your country. In Europe BTC is seen as a currency and you don't have to pay taxes on currencies imo.

Put you need to keep the bitcoin at least one year in your wallet if you trade our sell it before the end of the year you have to pay taxes.

KYC is the abbreviation of Know Your Costumer more and more ICO are now using this kind of security to avoid frauds and some country will ask for it if your going to spend a large amount of money. you can present any valid government ID for the KYC.  

if this doesn't go against everything crypto stands for I don't know what does. what about anonymity?

Yes it does, but I am seeing a lot of people really worrying about their taxes lately when it comes to cryptocurrency. People seem to get more afraid of ragulations and taxes. I wonder how selfkey can help with that

Most people I know, don't worry about the taxes, they worry about the crazy documentation, but maybe this is the case, because they don't have much money till now.

[ParRus]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

In Switzerland there emerges a cryptocurrency valley in Zug. There are a lot of projects and the mayor is very interested in crypto.

Oh and I heard about this city, In the future, this city can become place where will conduct worldwide meetings and events of cryptocurrencies.

[hanshammer]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

In Switzerland there emerges a cryptocurrency valley in Zug. There are a lot of projects and the mayor is very interested in crypto.

Oh and I heard about this city, In the future, this city can become place where will conduct worldwide meetings and events of cryptocurrencies.

If you consider it's just a city with a population of 30000 it's quite impressive that they launch ICOs worth millions on a regular basis there.

[niklasmato]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

In Switzerland there emerges a cryptocurrency valley in Zug. There are a lot of projects and the mayor is very interested in crypto.

Oh and I heard about this city, In the future, this city can become place where will conduct worldwide meetings and events of cryptocurrencies.

I've read something about it. I believe there is a blockchain meeting coming up in ZUG.

[Cauchy]

I wonder what the team Thinks is the key challenges for mass market adoption of selfkey?

[CryptoCutie]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

In Switzerland there emerges a cryptocurrency valley in Zug. There are a lot of projects and the mayor is very interested in crypto.

Switzerland is a good base for crypto firms

[greatteager]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

In Switzerland there emerges a cryptocurrency valley in Zug. There are a lot of projects and the mayor is very interested in crypto.

Switzerland is a good base for crypto firms

Yes, Switzerland will become the capital of the crypto-currency world, a crypto passport is already being developed.

[matjas]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

In Switzerland there emerges a cryptocurrency valley in Zug. There are a lot of projects and the mayor is very interested in crypto.

Switzerland is a good base for crypto firms

Yes, Switzerland will become the capital of the crypto-currency world, a crypto passport is already being developed.

Switzerland will be like Silicon Valley of the cryptoworld. Since American government through SEC gives cryptoprojects additional problems, they have to move to the country that enhances crypto development. And Switzerland, that is famous for confidentiality of its banking system, knows how important anonymity is. 
BTW, what's the crypto passport?

[greatteager]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

In Switzerland there emerges a cryptocurrency valley in Zug. There are a lot of projects and the mayor is very interested in crypto.

Switzerland is a good base for crypto firms

Yes, Switzerland will become the capital of the crypto-currency world, a crypto passport is already being developed.

Switzerland will be like Silicon Valley of the cryptoworld. Since American government through SEC gives cryptoprojects additional problems, they have to move to the country that enhances crypto development. And Switzerland, that is famous for confidentiality of its banking system, knows how important anonymity is. 
BTW, what's the crypto passport?

Soon we will forget about paper passports, now the entire database of passports will be on the blockchain, already there are developments.

[SEELE^^01]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

In Switzerland there emerges a cryptocurrency valley in Zug. There are a lot of projects and the mayor is very interested in crypto.

Switzerland is a good base for crypto firms

Yes, Switzerland will become the capital of the crypto-currency world, a crypto passport is already being developed.

Switzerland will be like Silicon Valley of the cryptoworld. Since American government through SEC gives cryptoprojects additional problems, they have to move to the country that enhances crypto development. And Switzerland, that is famous for confidentiality of its banking system, knows how important anonymity is. 
BTW, what's the crypto passport?

very much confidential is their banking system not more. there were several severe leaks from bank employees to the german tax government lately and many people are brutally pissed about the swiss...

[greatteager]

US was just ahead on europe on this one, i am pretty sure that EU will follow on the regulations after it sees how much people are avoiding taxes and moving funds without governements knowledge. I don't think that they are yet grasping on the whole scope of the cryptocurrencies.

The powers that be in the EU are aware, but tolerate cryptocurrencies as this is their chance to catch up with Silicon Valley. The EU has no Google, Amazon, Apple or Microsoft, but oh, how they wish they had.

In this light, I wonder if SelfKey is in a way a competitor to the Estonian E-residency.

In Switzerland there emerges a cryptocurrency valley in Zug. There are a lot of projects and the mayor is very interested in crypto.

Switzerland is a good base for crypto firms

Yes, Switzerland will become the capital of the crypto-currency world, a crypto passport is already being developed.

Switzerland will be like Silicon Valley of the cryptoworld. Since American government through SEC gives cryptoprojects additional problems, they have to move to the country that enhances crypto development. And Switzerland, that is famous for confidentiality of its banking system, knows how important anonymity is. 
BTW, what's the crypto passport?

very much confidential is their banking system not more. there were several severe leaks from bank employees to the german tax government lately and many people are brutally pissed about the swiss...

Now everything will be reliably protected, I hope.

[hicaribou]

I wonder what the team Thinks is the key challenges for mass market adoption of selfkey?

Its always about marketing.
I see that people are disturbed by KYC procedure, so thats a good sign.