KYC problem, urgent!

[Brantom]

Hello!

We would like to launch a quality ICO project but we have stumbled upon a KYC problem. We want to run a KYC to simply extract all the USA and North Korea investors. The problem is that we do not have budget for this upfront.

What are some ''Pay us after ICO'' only alternative solutions or other means of effectively solving this problem at no cost or at very low cost?

I am also open to discuss this matter with KYC companies on this forum in private.

[blockman]

About the North Korea investors, no offense but are you sure that there are people that has access to the internet living there? Base on the documentary that I've watched, people are restricted to access to the web there.

You don't have budget for the extraction? you can manually check all of those KYC and just hire someone to work on it. Monitoring those investors that you are restricting base on their country.

[mrdeposit]

In North Korea, only leader can complete the KYC and keeping off from them is better.
Also, you can check this article :
https://medium.com/@blockpass/how-do-you-solve-a-problem-like-kyc-475f214332e4

[Zalaster]

I would be interested to know a bit about investors from North Korea. As far as I know, only a few people can be considered as such there, besides, ordinary citizens do not have access to the Internet, damn it, the majority simply have nothing to eat.

[poodle63]

About the North Korea investors, no offense but are you sure that there are people that has access to the internet living there? Base on the documentary that I've watched, people are restricted to access to the web there.

You don't have budget for the extraction? you can manually check all of those KYC and just hire someone to work on it. Monitoring those investors that you are restricting base on their country.

I guess OP can try to create a cooperation with civic app, i thought that is there a way to be engaged with civic company. People must try to download it and see how it works and it may become an alternative way for that.

[blockman]

About the North Korea investors, no offense but are you sure that there are people that has access to the internet living there? Base on the documentary that I've watched, people are restricted to access to the web there.

You don't have budget for the extraction? you can manually check all of those KYC and just hire someone to work on it. Monitoring those investors that you are restricting base on their country.

I guess OP can try to create a cooperation with civic app, i thought that is there a way to be engaged with civic company. People must try to download it and see how it works and it may become an alternative way for that.

I'm not aware of the use of this kind of app. But I have checked it's feature and it says.

The Civic App allows you to provide authenticated, reusable identity information to partner websites for account sign up, KYC and access, including technologies...

Maybe he can contact them or someone who has more knowledge about this.

[Brantom]

About the North Korea investors, no offense but are you sure that there are people that has access to the internet living there? Base on the documentary that I've watched, people are restricted to access to the web there.

You don't have budget for the extraction? you can manually check all of those KYC and just hire someone to work on it. Monitoring those investors that you are restricting base on their country.

The thing is that we do not have any budget for anything no more. You mean, we could manualyl check all of those KYC after the ICO and hire someone to work with those who are not US or NK citizens?

[blockman]

About the North Korea investors, no offense but are you sure that there are people that has access to the internet living there? Base on the documentary that I've watched, people are restricted to access to the web there.

You don't have budget for the extraction? you can manually check all of those KYC and just hire someone to work on it. Monitoring those investors that you are restricting base on their country.

The thing is that we do not have any budget for anything no more. You mean, we could manualyl check all of those KYC after the ICO and hire someone to work with those who are not US or NK citizens?

You are the one that will run the ICO right?

Which means to say that you are also the one that will receive all of those KYC. And it's on your end on how you will work on the process. Checking all of those passed KYC to you and determine which you shouldn't verify and accept.

[kram31]

About the KYC process which you dont have enough budget,well you should do it yourself then.
You dont need to let your participants to do it at this early stage, you can do it after the ICO.
But make sure to announce it before it starts, once you done than, at the end and they can't do KYC or if they are on the restricted area, then its their problem!

[Andrey13101991]

just stop looking for investors from the USA and you can create your project and raise enough money if you have a normal idea

[ChiNgadOr]

Hello!

We would like to launch a quality ICO project but we have stumbled upon a KYC problem. We want to run a KYC to simply extract all the USA and North Korea investors. The problem is that we do not have budget for this upfront.

What are some ''Pay us after ICO'' only alternative solutions or other means of effectively solving this problem at no cost or at very low cost?

I am also open to discuss this matter with KYC companies on this forum in private.

Hereby i am aware that i am not pointing a solution at all,.. but i can't understand how there isnt any dued diligence during the conduct of an ICO, taking in mind that this is and has indeed been a crucial issue for many other projects iin the recent past...  I strongly doubt, but hope you can find a solution that doesnt cut your funds to 0.

[erikoy]

About the North Korea investors, no offense but are you sure that there are people that has access to the internet living there? Base on the documentary that I've watched, people are restricted to access to the web there.

You don't have budget for the extraction? you can manually check all of those KYC and just hire someone to work on it. Monitoring those investors that you are restricting base on their country.

Lol, it may sounds lime true about the North kor people but there are other things that OP consider esp. that US and north kor has no good relationship and has a tension because of maasive destruction weapon being held by north kor and ready for a war. Meaning to say that investors are not from the north kor people but the government of North kor itself to take advantage on the US trade.

[YinShuiSiYuan]

Hello!

We would like to launch a quality ICO project but we have stumbled upon a KYC problem. We want to run a KYC to simply extract all the USA and North Korea investors. The problem is that we do not have budget for this upfront.

What are some ''Pay us after ICO'' only alternative solutions or other means of effectively solving this problem at no cost or at very low cost?

I am also open to discuss this matter with KYC companies on this forum in private.

Acquisition of investors from North Korea? There is so limited access to the internet and poverty that it seems impossible to implement. Maybe you meant South Korea.
As for KYC, if you do not have a budget for it, just do not do it. A good idea will surely include many investors interested in the project.

[blockman]

About the North Korea investors, no offense but are you sure that there are people that has access to the internet living there? Base on the documentary that I've watched, people are restricted to access to the web there.

You don't have budget for the extraction? you can manually check all of those KYC and just hire someone to work on it. Monitoring those investors that you are restricting base on their country.

Lol, it may sounds lime true about the North kor people but there are other things that OP consider esp. that US and north kor has no good relationship and has a tension because of maasive destruction weapon being held by north kor and ready for a war. Meaning to say that investors are not from the north kor people but the government of North kor itself to take advantage on the US trade.

I'm thinking that OP is wrong about the North Korea but it's the South Korean investors. OP can easily figure it out of stopping those investors that they don't like within their ICO premises. They only have to monitor and check those investors manually who will send and pass their KYC. That's what I'm telling him that he can do it on their own without any intervention of some systems that they have to avail and pay. Since they have no budget with that, manual process is the solution.

[akitha]

Manual check the KYC.. do it your self if the budget is short.. hiring someone is not good as these KYC's are personal details..

[Adriano2010]

Well people maybe will not join the ICO if the KYC require to send documents to mail address or to some unsecured site, but if possible i think you should somehow integrate a solution for verify like NetVerify and after also maybe people will join ICO.