Thank you everyone for the great responses. Yes i agree and now i need expert opinions on the moves we have planned next:
1. We will verify email addresses with phone number who signed up after downloading and finalise given airdrop reward to email address only if verified.
2. Relaunch airdrop by removing rewards from all dummy/bot sign ups as I hope they will fail to verify email and phone.
3. Get legit users after verification in Sl. 1. and 2. go through KYC by signing in to Exchange
4. Get the Exchange Demo Account for learning up and running for users in Sl. 3. meanwhile rigorously test Exchange for real trading
5. Launch Exchange officially.
Expert Advice needed: Does the above order and steps make sense or is there a better way to go about it?
Btw, it's
www.tyslin.com. Comments and views are needed and welcome.
What is the point of verifying through email and phone number when you already asked them to download the app on their individual devices?
Why do KYC when you don't even have a real exchange to offer?
Where will you drop your Tyslin Coin by the way? In the user's installed wallet or in their exchange account?
For an airdrop token that is unknown and not yet listed in the market, I think you are asking too much. I also read the reviews about your wallet on Google play, you have a lot of work to do before you even demand anything from your users.
You should also respond to Vod's question about the number of users who installed your wallet. Google play says 10,000+ but I cannot see the same information on the App Store.