Getting around KYC for ICOs

[ICO-Master]

Many ICOs have KYC requirements now and do not allow people from several countries (incl. USA, China, etc).  In case anyone is affected by this, pls have a look here: https://bitcointalk.org/index.php?topic=2805785.0

[AliCris]

In fact, this is a very good idea. Just some campaigns sometimes require communication via Skype. But I do not think that this will be a big problem.

[zenhu]

This is awesome idea, a win win situation for investor who from restricted country. But how this system work ? you just do the kyc service for their account and you get pay, or pay at front with escrow service ?

[ICO-Master]

This is awesome idea, a win win situation for investor who from restricted country. But how this system work ? you just do the kyc service for their account and you get pay, or pay at front with escrow service ?

I will regularly list the ICO's that I am subscribing to in that thread.  If anyone needs me to get tokens for them from those ICOs, they can PM me and I will set up an EtherWallet for each ICO. Everyones contribution can go there and that will be the wallet which will be used to send funds and receive tokens for that ICO. Once tokens are received, they can be distributed to investors. I will update the thread at every step to make it as transparent as possible.  

If people prefer to use Escrow, I am open to that as well.

[FinalFury]

It's an unknown middleman. I wouldn't just trust a random person who says he's from another country just like that. I mean I see that people have to worry about ICO's being a scam, and now adding another layer.

Then if legit, what if something happens to that person? What if they pass away?

[ICO-Master]

It's an unknown middleman. I wouldn't just trust a random person who says he's from another country just like that. I mean I see that people have to worry about ICO's being a scam, and now adding another layer.

Then if legit, what if something happens to that person? What if they pass away?

Very valid points, am open to discuss how to make it all more comfortable for investors.   

[Endikadija]

This is awesome idea, a win win situation for investor who from restricted country. But how this system work ? you just do the kyc service for their account and you get pay, or pay at front with escrow service ?

I will regularly list the ICO's that I am subscribing to in that thread.  If anyone needs me to get tokens for them from those ICOs, they can PM me and I will set up an EtherWallet for each ICO. Everyones contribution can go there and that will be the wallet which will be used to send funds and receive tokens for that ICO. Once tokens are received, they can be distributed to investors. I will update the thread at every step to make it as transparent as possible.  

If people prefer to use Escrow, I am open to that as well.

Did you mean if you are acting as a middle party for those investors are interested in buying shares, but they don't wanna to complete KYC verification? But the problem of there is a limitation for each participant in the ico. And can you give me an opinion about how to solve it?

[ghonkz]

It's an unknown middleman. I wouldn't just trust a random person who says he's from another country just like that. I mean I see that people have to worry about ICO's being a scam, and now adding another layer.

Then if legit, what if something happens to that person? What if they pass away?

Thats why you need another party such an escrow, KYC in ICO is really serious and dont even think is not important. You dont want to get any trouble because of it right ?

[ICO-Master]

Did you mean if you are acting as a middle party for those investors are interested in buying shares, but they don't wanna to complete KYC verification? But the problem of there is a limitation for each participant in the ico. And can you give me an opinion about how to solve it?

If you want to subscribe in larger amounts, you need to contact the team for that ICO, and they will take your request in private generally.

[imdabest239]

This is awesome idea, a win win situation for investor who from restricted country. But how this system work ? you just do the kyc service for their account and you get pay, or pay at front with escrow service ?

But it would be something very difficult to get implemented on most ICO's in here, since most of them are just applying and licking the ass of the SEC and all that real shit.
Anyway, KYC is very disgusting, that is why i am trying to avoid that kind of icos.

[NeuroticFish]

Thats why you need another party such an escrow, KYC in ICO is really serious and dont even think is not important. You dont want to get any trouble because of it right ?

Escrow is a good idea. Also doing your own research before submitting sensitive info is a must.
I mean, if the ICO is fake, the project is also fake. And if you are careful enough you can avoid most of those.

Another idea is to just avoid those. There are still good projects with no KYC requirements. More the people giving out easily their info, more the projects that will ask for them...

[Tone147]

Although this is a good idea, it can also allow the banned people to participate in ICO crowdfunding.
But why do we choose to trust you? Choose to trust a stranger who has never met? How to solve the trust problem?

[ICO-Master]

Although this is a good idea, it can also allow the banned people to participate in ICO crowdfunding.
But why do we choose to trust you? Choose to trust a stranger who has never met? How to solve the trust problem?

What do you mean banned people? 

And yes, the trust part is a problem that we need to collectively come up with a solution for.

[tushkanych]

I would trust to do this kind of problem long-standing member of this forum, with positive trust. When such offers are a beginner, trust not very much.

[ICO-Master]

I would trust to do this kind of problem long-standing member of this forum, with positive trust. When such offers are a beginner, trust not very much.

Well I understand your thought, but the reality is member accounts on this forum are bought and sold like candy.   Though I have been a member for a while, and use my real account to gain information and post questions , I made a new account specifically for this purpose (ICO subscription).

[Sevarchik]

KYC its good for excluding multiaccounts, but we must know about it from beginning before bounty campaign.
Many users want to keep anonymous, and second reason dev's can lost documents on hacking

[ICO-Master]

KYC its good for excluding multiaccounts, but we must know about it from beginning before bounty campaign.
Many users want to keep anonymous, and second reason dev's can lost documents on hacking

agree

[LuckyHopper18]

I agree with this idea, the problem is the trust issue of the one who is offering this service. Since you are a newbie it'll be hard for investors to trust their money with you. I guess you need to have some proofs of this. An escrow would be a good idea.

[Vik_the_Carpentner]

KYC its good for excluding multiaccounts, but we must know about it from beginning before bounty campaign.
Many users want to keep anonymous, and second reason dev's can lost documents on hacking

And why does the development team don't like multiaccounts? What the difference for advertisement of the project if there are two persons or just one?
No, I think they need KYC to collect the knowledge who exactly are their clients to select the target audience.

[anonymous2020]

Many ICOs have KYC requirements now and do not allow people from several countries (incl. USA, China, etc).  In case anyone is affected by this, pls have a look here: https://bitcointalk.org/index.php?topic=2805785.0

For me this kind of general rule that they need  KYC for ICO is just a kind of hassle thing but to think it more safier and more secured and maybe as I think they only deflect people with mulitiple accounts, so that it won't easily allow to apply for their ICO's .