Author

Topic: [ANN][ICO] ICON - Interchain Blockchain Network / Hyperconnect the World! - page 165. (Read 105989 times)

newbie
Activity: 1
Merit: 0
Why do you display one of your advisors (Yiseul Cho) as current HSBC employee on your website although its not true? I verified that and she doesnt work since August anymore for HSBC. She also didnt update her Linked in profile and these two things seem not legit to me.

full member
Activity: 518
Merit: 100
It turns out the new members will not be able to join the company's bounty in general or just to the slack? How many participants are maximally declared for the bounty?
full member
Activity: 266
Merit: 101
Shouldn't KYC be done before accepting ETH? In this way, only those who qualify can participate.

The refund process can be lengthy and will be an overhead for everyone.
full member
Activity: 462
Merit: 103
KYC Update -

(1) KYC Mandatory
(2) Link to submit KYC will be open AFTER send ETH
(3) If KYC fails, NO REFUND and your ICX is blocked.

(3) is no longer correct.

Here's the email they just sent out:

The ICON Token Sale adheres to global regulations. There have been many developments in ICO regulations over the past few weeks. In order to adapt to the changing blockchain landscape, ICON is adding KYC(Know Your Customer) protection measure to ensure contributors can legally participate in the ICON Token Sale.

There are two main reasons why ICON is adding KYC. Firstly, the SEC(U.S. Securities and Exchange Commission) is preparing to prosecute Token Sales without KYC procedures. Secondly, cryptocurrency exchanges are beginning to exclude cryptocurrencies that did not implement KYC.

The ICON Token Sale KYC will protect contributor interests. Users who have contributed to the Token Sale MUST go through the KYC process through the ICON website.

    Send ETH to your unique ICON ETH deposit address
    After you contribute ETH, the KYC process will start. Upload your government-issued identification card or passport, and a picture of yourself holding your identification card.
    [IMPORTANT!] USA, China, and Singapore nationalities cannot participate in the ICON Token Sale.
    [IMPORTANT!] Token Sale contributors need to go through a separate KYC process. A detailed KYC process will be announced separately. For contributors who do NOT qualify for the KYC requirements: the contributor’s ICX will be collected and the contributor’s ETH will be REFUNDED.

KYC Policy Background

    The ICON KYC policy is put in place to identify USA, China, and Singapore nationalities. Nationalities of other countries are NOT restricted from contributing to the Token Sale.
    Recent Token Sale regulations have become more strict in USA, China, and Singapore. The implementation of KYC is to protect contributors outside of USA, China, and Singapore.
    There are actual cases where the SEC prosecutes and demands refunds for Token Sales that have not implemented KYC. Also, Tokens without a proper KYC process are obstructed from being listed on cryptocurrency exchanges.
    USA, China, and Singapore nationality contributors will have their contributions REFUNDED through precise procedures.

Refund Policy for Disqualified KYC Contributors

    If the contributor is identified as USA, China, or Singapore nationality, the contributor’s Token Sale participation will be canceled. The distributed ICX needs to be refunded.
    The ETH contributed to the Token Sale will be refunded. The contributor’s ICX will be locked up until the refund process is completed.

ICX Token Lockup Backup

    In order to proceed with the refund, the ICX Tokens needs to be unlocked and become transferable.
    The ICON Foundation will lockup ICX tokens for contributors who have not gone through the KYC process, in order to prevent unverified-KYC-ICX-tokens to negatively affect verified-KYC-ICX-token holders.
    In order to primarily protect the appropriate token holders, nationalities of USA, China, and Singapore are restricted from participating in the Token Sale. Strong measures are taken to prevent damage to participants from other countries.

Please direct your questions to the ICON Email, Slack, Telegram, and Kakao channels.

Hyperconnect the World
ICON Team

Be willing that your ether will be lock up for a while, as KYC process can be lengthy, and their higher priority to security, protecting contributors interests
sr. member
Activity: 322
Merit: 250
"Highest ROI crypto infrastructure"
Will the new KYC process apply to Presale, ICO, and Signature Bounty? I'm a little confused with the latest announcement.
full member
Activity: 462
Merit: 103
There is so much of chaos die to KYC process. Do anyone have clarity on this ?

Regarding KYC to token sale. Basically, you if are a citizen of China, USA, Singapore, ur out of luck. But you can purchase token once it hit exchange.
https://medium.com/helloiconworld/icon-adds-kyc-to-token-sale-e66085dc7a55
full member
Activity: 462
Merit: 103
sr. member
Activity: 1554
Merit: 250
Making Smart Money Work
I want to little more know about this statement: "Leftover Bounty will be given to individuals with exceptional performance", especially for Facebook Like and dashboard campaign. I think both activity just ask like regularly ICON FP and also make account on dashboard ICON right.
What is activity ask to member bounty related 'exceptional performance' for Facebook like and also dashboard campaign. Thank you.
sr. member
Activity: 336
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
sr. member
Activity: 336
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
KYC Update -

(1) KYC Mandatory
(2) Link to submit KYC will be open AFTER send ETH
(3) If KYC fails, NO REFUND and your ICX is blocked.

(3) is no longer correct.

Here's the email they just sent out:

The ICON Token Sale adheres to global regulations. There have been many developments in ICO regulations over the past few weeks. In order to adapt to the changing blockchain landscape, ICON is adding KYC(Know Your Customer) protection measure to ensure contributors can legally participate in the ICON Token Sale.

There are two main reasons why ICON is adding KYC. Firstly, the SEC(U.S. Securities and Exchange Commission) is preparing to prosecute Token Sales without KYC procedures. Secondly, cryptocurrency exchanges are beginning to exclude cryptocurrencies that did not implement KYC.

The ICON Token Sale KYC will protect contributor interests. Users who have contributed to the Token Sale MUST go through the KYC process through the ICON website.

    Send ETH to your unique ICON ETH deposit address
    After you contribute ETH, the KYC process will start. Upload your government-issued identification card or passport, and a picture of yourself holding your identification card.
    [IMPORTANT!] USA, China, and Singapore nationalities cannot participate in the ICON Token Sale.
    [IMPORTANT!] Token Sale contributors need to go through a separate KYC process. A detailed KYC process will be announced separately. For contributors who do NOT qualify for the KYC requirements: the contributor’s ICX will be collected and the contributor’s ETH will be REFUNDED.

KYC Policy Background

    The ICON KYC policy is put in place to identify USA, China, and Singapore nationalities. Nationalities of other countries are NOT restricted from contributing to the Token Sale.
    Recent Token Sale regulations have become more strict in USA, China, and Singapore. The implementation of KYC is to protect contributors outside of USA, China, and Singapore.
    There are actual cases where the SEC prosecutes and demands refunds for Token Sales that have not implemented KYC. Also, Tokens without a proper KYC process are obstructed from being listed on cryptocurrency exchanges.
    USA, China, and Singapore nationality contributors will have their contributions REFUNDED through precise procedures.

Refund Policy for Disqualified KYC Contributors

    If the contributor is identified as USA, China, or Singapore nationality, the contributor’s Token Sale participation will be canceled. The distributed ICX needs to be refunded.
    The ETH contributed to the Token Sale will be refunded. The contributor’s ICX will be locked up until the refund process is completed.

ICX Token Lockup Backup

    In order to proceed with the refund, the ICX Tokens needs to be unlocked and become transferable.
    The ICON Foundation will lockup ICX tokens for contributors who have not gone through the KYC process, in order to prevent unverified-KYC-ICX-tokens to negatively affect verified-KYC-ICX-token holders.
    In order to primarily protect the appropriate token holders, nationalities of USA, China, and Singapore are restricted from participating in the Token Sale. Strong measures are taken to prevent damage to participants from other countries.

Please direct your questions to the ICON Email, Slack, Telegram, and Kakao channels.

Hyperconnect the World
ICON Team
sr. member
Activity: 700
Merit: 280
https://invite-slack.icon.foundation/ does not work. Bounty campign registration is closed? New participants are now not accepted?
newbie
Activity: 10
Merit: 0
KYC Update -

(1) KYC Mandatory
(2) Link to submit KYC will be open AFTER send ETH
(3) If KYC fails, NO REFUND and your ICX is blocked.
newbie
Activity: 10
Merit: 0
There is so much of chaos die to KYC process. Do anyone have clarity on this ?
hero member
Activity: 826
Merit: 510
400,230,000 ICX supply im join it! I see a good team to support the project. Let me ask you a question - how will the reward for the performed bounties be calculated, because you do not have our Eth addresses?

Either address will be distributed later, as when you sign up with the dashboard, ICON website.


It seems to me ETH address will be distributed later.
There will be no ETH address after join via dashboard too.
newbie
Activity: 10
Merit: 0
It looks like a promising project.

Based on current eth price: $280 = 2500 icx, $0,11 = 1 icx
Circ supply is 400.230.000 * 0.11 = 44.025.300 marketcap would break even.


Question: Is anyone familiar with other projects run on Loopchain?
Question: Is anyone familiar with other projects from Korea?




Check loop
newbie
Activity: 6
Merit: 0
It looks like a promising project.

Based on current eth price: $280 = 2500 icx, $0,11 = 1 icx
Circ supply is 400.230.000 * 0.11 = 44.025.300 marketcap would break even.


Question: Is anyone familiar with other projects run on Loopchain?
Question: Is anyone familiar with other projects from Korea?


full member
Activity: 322
Merit: 103
What is the total supply?

Total= 800,460,000
Circulating = 400,230,000
full member
Activity: 462
Merit: 103
ICON: The cryptocurrency project unicorn from Korea...
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