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Author Topic: Team also needs to pass KYC  (Read 1010 times)
JeBro
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March 31, 2019, 06:54:03 AM
 #101

I think you should carefully study the ICO project both before investing in it and before participating in its bounty campaign. I usually go to the Icobench website, which indicates whether the founders of the ICO project passed the KYC procedure. If they have gone through this procedure, that is a certain guarantee of the integrity of their intentions, which means that you can take part in this project.

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March 31, 2019, 07:55:32 AM
 #102

I do not understand why this has not yet become normal, because there are so many situations that could really improve the situation in the markets. All this is very, very ambiguously shows that there is a breakthrough technology today.
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March 31, 2019, 08:33:56 AM
 #103

I think you should carefully study the ICO project both before investing in it and before participating in its bounty campaign. I usually go to the Icobench website, which indicates whether the founders of the ICO project passed the KYC procedure. If they have gone through this procedure, that is a certain guarantee of the integrity of their intentions, which means that you can take part in this project.

Agree on this one, i think project owners should also be subjected to compulsory kyc procedure to ensure authenticity and genuiness of their project,
if kyc can be required from investors who are taking a hugr to invest on someone else dream (yet to be real) then those at the receiving end shouldn't have a problem performing kyc,
some ico rating site can provide this info when project owners are verified or not, i mostly use icoholder site to do more research on any project i find interesting enough to take part in - even though not 100% guarantee of success but still better than nothing.

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steveabrahams
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March 31, 2019, 08:39:43 AM
 #104

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?
KYC is not for public, of course they will not pass their KYC. KYC itself is for customer though lol. In my opinion it's not about that, but you as a bounty hunter, can check it by yourself by check their linkendin info of their team. Check it 1 by 1 and is it real or not.
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March 31, 2019, 09:21:18 AM
 #105

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?
Yes, I agree with you. There have many projects use a fake name and details than some project call spam or stop invest and some project success their roadmap but investor lost money.So i think every project need to publish there own kyc on their website and need to add a verify system thats people get more details about the owner.I heard and many people complain that kyc sell on the darknet so first publish owner kyc than bounty hunter or investor also pass their kyc.

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Koadharber
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March 31, 2019, 09:36:09 AM
 #106

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?

Performing Kyc for the team behind the project is very important because that is their proof of legitimacy without KYC the project will be very suspicious, and also no investors will invest in a project if the team behind is hiding their identity because investors will check their identity first before they invest.
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March 31, 2019, 09:47:19 AM
 #107

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?

Performing Kyc for the team behind the project is very important because that is their proof of legitimacy without KYC the project will be very suspicious, and also no investors will invest in a project if the team behind is hiding their identity because investors will check their identity first before they invest.

Yes, everything is simple. Want to collect dough. Start your open YouTube. Go through Kyc and you will have everything. Give the opportunity to visit your project. Let's say open day. And the fact that people even the site can not do.

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March 31, 2019, 09:52:36 AM
 #108

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?

Performing Kyc for the team behind the project is very important because that is their proof of legitimacy without KYC the project will be very suspicious, and also no investors will invest in a project if the team behind is hiding their identity because investors will check their identity first before they invest.
indeed KYC is an indispensable method of being able to see they are real people or they are fake people, but this KYC method can be very dangerous when your identity can be known by many people and it will make yourself a target of crime, it can happen if the identity you fall in the hands of a bad person.
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March 31, 2019, 09:58:17 AM
 #109

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?

Performing Kyc for the team behind the project is very important because that is their proof of legitimacy without KYC the project will be very suspicious, and also no investors will invest in a project if the team behind is hiding their identity because investors will check their identity first before they invest.
If developers can do this, investors will easily get interest to check how the team can perform and how well they will proceed and make things possible for the project, they are giving information about their identity and investors and bounty hunters will do the same.
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March 31, 2019, 10:11:03 AM
 #110

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?

Performing Kyc for the team behind the project is very important because that is their proof of legitimacy without KYC the project will be very suspicious, and also no investors will invest in a project if the team behind is hiding their identity because investors will check their identity first before they invest.
If developers can do this, investors will easily get interest to check how the team can perform and how well they will proceed and make things possible for the project, they are giving information about their identity and investors and bounty hunters will do the same.

What if they will use fake kyc and then they will still scam people ?  Its possible nowadays to pay and use a third party kyc service  . ico scamming is really hard to combat . joining them is like a gamble but anyway i heard that there is a new a trend in town called ieo  . alot of people are saying that this is more better than ico because its safe .   
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March 31, 2019, 10:32:08 AM
 #111

KYC is one of the problem right now in the project and bounty campaign. Many people conplain about it and they create an Idea why they only them are passing KYC but it's a good Idea now to show their Identity to us because it's not fair we pass our information.
KYC is means the projects once the investors see their names and information about them possible to become successful because we feel that our money is safe.
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March 31, 2019, 10:40:19 AM
 #112

I think, this is a very good discussion, as we know, that an ICO has its own law in running its business in the crypto world, sometimes there are KYC standards in its trading system, but some are not, but we are very sorry when we have been serious about giving KYC, they deceived us, both to investors and bounty hunters, so we must be careful in investing or take part in a prize promotion program that is bounty, carefully examine in detail, so that later our KYC is not misused.
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March 31, 2019, 10:41:39 AM
 #113

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?

They are already doing it via linking their linkedin account, that is why so many ICO are caught scamming people because they provide photos from Shutterstock and photoshopped pictures, but this is not a guaranty that they will not be going to scam people, I have participated in some ICO where the developers are verified and yet they run away.

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March 31, 2019, 11:11:50 AM
 #114

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?
You got a good point there mate this is my thoughts for long time now,as the system wasn’t fair for every hunters that participate and also the investors while the team behind the project is hiding from bogus personalities.yes its our rights to make a research before investior participating in IcO but this is much fairly for the benefits of all to test KYc of the team first then hunters and investors will come after
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March 31, 2019, 11:17:35 AM
 #115

Indeed, it should be like this because in my opinion, it is very fair and if something doesn't happen for example scam problems, hacking cases, etc. the team can take responsibility for that and some ico have done this by starting to do kyc on the ico review site by introducing their team and then following the blockchain event

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March 31, 2019, 11:40:40 AM
 #116

for me KYC for the TEAM project does not really need to be applied in a project. the most important thing is their performance, because it is more important in making a project that is highly qualified.

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March 31, 2019, 11:54:19 AM
 #117

I have already seen some ICOs where team members were anonymous and I skipped them. If you look at statics the most ICO projects that have unverified team members are likely to end up as scam or not to reach their funding goals.
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March 31, 2019, 12:28:31 PM
 #118

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?
It is a good and creative idea, which will increase the credibility of the project and attract more investors, projects that do not pass KYC will be judged to be of poor quality . I think projects should do that
Thats good idea, it will also reduce the scam project too. because people who have an open identity will not dare to commit massive
fraud. if a project does that, of course they will be more trusted, it will be an advantage for both parties
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March 31, 2019, 12:38:04 PM
 #119

I have already seen some ICOs where team members were anonymous and I skipped them. If you look at statics the most ICO projects that have unverified team members are likely to end up as scam or not to reach their funding goals.
Most of Team in ICO is anonymous . Not all investors know who are they and no one know who is real and fake team in ICO. So this is simple, if you want invest ICO you must hard to checking more information about that Team. Leave them if you think they are fake.
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March 31, 2019, 12:41:56 PM
 #120

I have already seen some ICOs where team members were anonymous and I skipped them. If you look at statics the most ICO projects that have unverified team members are likely to end up as scam or not to reach their funding goals.
Most of Team in ICO is anonymous . Not all investors know who are they and no one know who is real and fake team in ICO. So this is simple, if you want invest ICO you must hard to checking more information about that Team. Leave them if you think they are fake.
some ico review site request developers team to pass kyc too.i ever know this in telegram group channel.and also only trusted projects and developers that courage to open their identity.

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