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Author Topic: Team also needs to pass KYC  (Read 1011 times)
florac9
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March 28, 2019, 12:00:54 PM
 #61

It is true that teams and devs needs to undergo KYC as well as the investors but ICObench and icodrops makes many of theses projects do KYC ,you can find it on there websites but that doesn't mean the project will be successful

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March 28, 2019, 12:10:34 PM
 #62

KYC is for customers, but I have an idea if they are really legit team, just introduce themselves in the video that will convince the people to invest their project.
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March 28, 2019, 12:10:58 PM
 #63

usually the team did kyc already
you can see their detail on their linkedin or another their social media
but for more detail i agree with you. they should do the same like what their investor do
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March 28, 2019, 12:27:51 PM
 #64

~snip~
As regard the team passing KYC, they can even fake it.

There are many ways to make the KYC for Admins/Project Teams  more harder to fake.

Selfie KYC verification with date verification is one thing, Example: Selfie while holding passport and newspaper issued the day of selfie Cheesy there's no way to fake it since everyone can verify its authenticity.


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lablab03
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March 28, 2019, 12:31:50 PM
 #65

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
haha that's funny and impossible in my opinion wherein to convinced easily to pass KYC also, for me for sure one will do that stuff especially if you're part of the team behind because it will be risky  if however the project didn't succeed. Because for sure one thing only will happen wherein more people will spread false accusations in your profile because of being involved with the project and definitely you can't skip on it.  Lol
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March 28, 2019, 12:32:37 PM
 #66

Okay i got your point. I think its a good idea to prevent scam attempt. I think we need a platform that can verify the team to make sure they are real. So investor will trust on them and can easily raise fund. I know each project have a site to introduce team member. But, it really happen it will be usefull.

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March 28, 2019, 12:44:51 PM
 #67

This is a completely correct remark. I think that market participants, especially developers, should really go through KYC so that investors have no doubt that these are not scammers. Because only in this way can we change something.
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March 28, 2019, 12:46:50 PM
 #68

Yep, but most of them do not pass the KYC especially like whenever they set up their profile in linkedin they have no link for their KYC process.
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March 28, 2019, 12:47:15 PM
 #69

I agree.
It is not that big of a deal.
Why not?

Although they are posting their background and photos on their websites we aint sure about their identity or if that is really them.
I suggest skype or any video call that you are comfortable with.
If you are a big investor then that should be mandatory.
You dont want to waste your money without assurance.
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March 28, 2019, 12:53:10 PM
 #70

i think its strongly need, that some ico project, their entire core team and advisor need to be KYC, so we can make sure their poject was the real one..

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March 28, 2019, 12:57:39 PM
 #71

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

ICOBENCH is already doing that, but I don't trust ICOBENCH, that's a good idea so in their homepage they will post their passport or anything that can prove their identity but who will asked them to do that because we do not have a regulatory board for them to obey.

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March 28, 2019, 12:59:49 PM
 #72

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
If the project is honest, then of course it must pass kyc , I think it can reduce the Scam with ico , but although it will not help much in the ico fees since this kind of collection dies

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March 28, 2019, 01:14:22 PM
 #73

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
If the project is honest, then of course it must pass kyc , I think it can reduce the Scam with ico , but although it will not help much in the ico fees since this kind of collection dies
You cant conclude first if how honest is that projects without searching documents that they have. It must be a not unknown team and the publicity to their team was in public open. However, we don't need to worry if we pass KYC/AML to that project if we are done the searching and us confident enough how legit they are. That implementation will help abusers, scammers and other fraudulent work that can be lead the project dragging down.

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March 28, 2019, 01:38:51 PM
 #74

If the teams can pass KYC, then the project will look legit projects and there is no worry for the investor to give their money with the project. And if the teams have run away, the investor can report them to the police or another institution so they can investigate them. I think this will reduce the scamming from the project itself and it will make the ICO will be better, and the chance for the ICO to reach their goals will be open.

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March 28, 2019, 01:50:27 PM
 #75

The biggest prize in a KYC project is playing someone who is not included in the investor who will always be asked on the website, maybe all the rights for the future don't play behind the hunter
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March 28, 2019, 01:54:40 PM
 #76

This is a really good question. But of course KYC for the ico team does not need to be passed, but it would be correct to provide as much information about yourself as possible with confirmation. And it turns out ico appears and there are just the names and photos of the team, often that are taken just from the Internet or social networks and are not real. I would suggest to check ico initially before posting information about it on information resources. For example, the creators of ico should check for fraud and get a badge of honor, which would be installed on their website. Then, if there is such a sign, one would understand that ico passed the test and is not frankly fraudulent. I think that would be right.
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March 28, 2019, 01:55:29 PM
 #77

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
I think ico rating websites are doing KYC for the members of the team, it will also go to the rating if the team is real, and they would say if a team member didn't pass the KYC, but i don't know if those information should be trusted.
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March 28, 2019, 02:15:15 PM
 #78

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
I realize that this view is very good for investors and bounty hunters can avoid scammers. When the KYC form is applied to Teams, we look forward to your opinion will take place in the next coming time.
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March 28, 2019, 02:30:10 PM
 #79

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?
I realize that this view is very good for investors and bounty hunters can avoid scammers. When the KYC form is applied to Teams, we look forward to your opinion will take place in the next coming time.
this is a brilliant idea .....
and of course the project team will not be afraid if their project is real and perhaps by applying KYC to the project team will make investors not hesitate to join their ICO

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March 28, 2019, 02:31:45 PM
 #80

I am pretty sure that such a process is a must for every team that wants to lead a good project. Without legit team members, the project can turn scam in every moment, so if there is no real team I will never invest in such project.
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