Topic: [ANN][ICO] KYC.legal - Blockchain identity verification - page 134. (Read 44383 times)
what are your competitive advantages?
Do you have Medium Blog?
Yes, follow our facebook official page - https://www.facebook.com/KYCLegal/
Do you have Medium Blog?
How do you provide security for the parties: company in need of a verification, person being verified and agent?
Thanks for your question.The initial information entered can be anything, even false information. However, when the order is processed we check the cardholder and the party who is paying the money. The card is issued by a bank, which performs some sort of check on its end. Potential agents also undergo a fairly in-depth verification process: utilities bills issued in their name and to their address, passport or other identification document, details of bank accounts that have been in existence for at least 45 days (this ensures another level of reliability, we do not want fly-by-night agents). We check those who will then check our clients.
Thank you! Do you have examples of application of your system in Eastern Europe, ex-USSR countries?
Telegram - https://t.me/KYCLEGAL
Facebook - https://www.facebook.com/KYCLegal/
How do you provide security for the parties: company in need of a verification, person being verified and agent?
Thanks for your question.The initial information entered can be anything, even false information. However, when the order is processed we check the cardholder and the party who is paying the money. The card is issued by a bank, which performs some sort of check on its end. Potential agents also undergo a fairly in-depth verification process: utilities bills issued in their name and to their address, passport or other identification document, details of bank accounts that have been in existence for at least 45 days (this ensures another level of reliability, we do not want fly-by-night agents). We check those who will then check our clients.
Thank you! Do you have examples of application of your system in Eastern Europe, ex-USSR countries?
How do you provide security for the parties: company in need of a verification, person being verified and agent?
Thanks for your question.The initial information entered can be anything, even false information. However, when the order is processed we check the cardholder and the party who is paying the money. The card is issued by a bank, which performs some sort of check on its end. Potential agents also undergo a fairly in-depth verification process: utilities bills issued in their name and to their address, passport or other identification document, details of bank accounts that have been in existence for at least 45 days (this ensures another level of reliability, we do not want fly-by-night agents). We check those who will then check our clients.
How do you provide security for the parties: company in need of a verification, person being verified and agent?
Haha, your allocation of proceeds is so unclear and doesn't make sense at all. Please clarify what those allocations are and specify why you need them:
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper?
In other words, it seems like you are wasting $12 million of investor money
- $2.5 million - discounts for partnering funds
?? - $3.5 million - referral payments ??
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation (seriously?? so much money for marketing? wtf..)
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper?
In other words, it seems like you are wasting $12 million of investor money
First of all, we don't have "investors". When you buy a token you become a tokenholder. Our token allows tokenholders to gain a profit by leasing the tokens to potential clients, which means that tokenholder is granted a monetary gain.
Our main goal for marketing is increasing the size of the project, drawing many services which will integrate our solution in their practice and increase the amount of clients in our base (verificated clients). That's why the main costs are located in marketing. More potential clients in need of verification mean that there are more ways for tokenholders to make use of their tokens.
These calculations show that with the goal that we have set we will need to spend this amount of funds.
Various companies were involved in these calculations, they prepared documentation that was based on the current economic situations in regions in which we are planning the development.
We thank you for your deep interest in our product and we will be happy to listen if you have any examples of projects with similar scope of goal and financial indicators we will gladly become acquainted with them. We hope that your constructive feedback can benefit kyc.legal!
You don't have investors, but token holders? So people don't invest money? They get tokens for free?
Quote
"Our main goal for marketing is increasing the size of the project, drawing many services which will integrate our solution in their practice and increase the amount of clients in our base (verificated clients). That's why the main costs are located in marketing. More potential clients in need of verification mean that there are more ways for tokenholders to make use of their tokens."
So... why 3 million? Can you show calculations? How much do you need to increase the size of your product? What kind of services do you need?
Quote
These calculations show that with the goal that we have set we will need to spend this amount of funds.
What calculations? Share them please.
And, you did not answer why you need so much money for:
- $2.5 million - discounts for partnering funds
- $3.5 million - referral payments
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation
Please answer these in detail.
All information about planned costs is displayed in the White Paper. We will provide additional information about costs as the project develops. We have a working product, a strong team and support from partners.
Haha yes, so a token holder that has bought a token has invested money, right? So it's an investor.
Quote
All information about planned costs is displayed in the White Paper.
What a joke. There is no information in the white paper about how you came up with that costs. You don't explain why you need the money and how you calculated the amount.
Quote
We will provide additional information about costs as the project develops.
Huh? Wtf? How can you now allocate money already if it is not yet clear where you need the money for?
Why don't you tell us exactly what you need the money for and how you calculated it?
Haha, your allocation of proceeds is so unclear and doesn't make sense at all. Please clarify what those allocations are and specify why you need them:
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper?
In other words, it seems like you are wasting $12 million of investor money
- $2.5 million - discounts for partnering funds ??
- $3.5 million - referral payments ??
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation (seriously?? so much money for marketing? wtf..)
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper?
In other words, it seems like you are wasting $12 million of investor money
First of all, we don't have "investors". When you buy a token you become a tokenholder. Our token allows tokenholders to gain a profit by leasing the tokens to potential clients, which means that tokenholder is granted a monetary gain.
Our main goal for marketing is increasing the size of the project, drawing many services which will integrate our solution in their practice and increase the amount of clients in our base (verificated clients). That's why the main costs are located in marketing. More potential clients in need of verification mean that there are more ways for tokenholders to make use of their tokens.
These calculations show that with the goal that we have set we will need to spend this amount of funds.
Various companies were involved in these calculations, they prepared documentation that was based on the current economic situations in regions in which we are planning the development.
We thank you for your deep interest in our product and we will be happy to listen if you have any examples of projects with similar scope of goal and financial indicators we will gladly become acquainted with them. We hope that your constructive feedback can benefit kyc.legal!
You don't have investors, but token holders? So people don't invest money? They get tokens for free?
Quote
"Our main goal for marketing is increasing the size of the project, drawing many services which will integrate our solution in their practice and increase the amount of clients in our base (verificated clients). That's why the main costs are located in marketing. More potential clients in need of verification mean that there are more ways for tokenholders to make use of their tokens."
So... why 3 million? Can you show calculations? How much do you need to increase the size of your product? What kind of services do you need?
Quote
These calculations show that with the goal that we have set we will need to spend this amount of funds.
What calculations? Share them please.
And, you did not answer why you need so much money for:
- $2.5 million - discounts for partnering funds
- $3.5 million - referral payments
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation
Please answer these in detail.
All information about planned costs is displayed in the White Paper. We will provide additional information about costs as the project develops. We have a working product, a strong team and support from partners.
Haha, your allocation of proceeds is so unclear and doesn't make sense at all. Please clarify what those allocations are and specify why you need them:
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper?
In other words, it seems like you are wasting $12 million of investor money
- $2.5 million - discounts for partnering funds ??
- $3.5 million - referral payments ??
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation (seriously?? so much money for marketing? wtf..)
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper?
In other words, it seems like you are wasting $12 million of investor money
First of all, we don't have "investors". When you buy a token you become a tokenholder. Our token allows tokenholders to gain a profit by leasing the tokens to potential clients, which means that tokenholder is granted a monetary gain.
Our main goal for marketing is increasing the size of the project, drawing many services which will integrate our solution in their practice and increase the amount of clients in our base (verificated clients). That's why the main costs are located in marketing. More potential clients in need of verification mean that there are more ways for tokenholders to make use of their tokens.
These calculations show that with the goal that we have set we will need to spend this amount of funds.
Various companies were involved in these calculations, they prepared documentation that was based on the current economic situations in regions in which we are planning the development.
We thank you for your deep interest in our product and we will be happy to listen if you have any examples of projects with similar scope of goal and financial indicators we will gladly become acquainted with them. We hope that your constructive feedback can benefit kyc.legal!
You don't have investors, but token holders? So people don't invest money? They get tokens for free?
Quote
"Our main goal for marketing is increasing the size of the project, drawing many services which will integrate our solution in their practice and increase the amount of clients in our base (verificated clients). That's why the main costs are located in marketing. More potential clients in need of verification mean that there are more ways for tokenholders to make use of their tokens."
So... why 3 million? Can you show calculations? How much do you need to increase the size of your product? What kind of services do you need?
Quote
These calculations show that with the goal that we have set we will need to spend this amount of funds.
What calculations? Share them please.
And, you did not answer why you need so much money for:
- $2.5 million - discounts for partnering funds
- $3.5 million - referral payments
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation
Please answer these in detail.
Haha, your allocation of proceeds is so unclear and doesn't make sense at all. Please clarify what those allocations are and specify why you need them:
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper?
In other words, it seems like you are wasting $12 million of investor money
- $2.5 million - discounts for partnering funds ??
- $3.5 million - referral payments ??
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation (seriously?? so much money for marketing? wtf..)
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper?
In other words, it seems like you are wasting $12 million of investor money
First of all, we don't have "investors". When you buy a token you become a tokenholder. Our token allows tokenholders to gain a profit by leasing the tokens to potential clients, which means that tokenholder is granted a monetary gain.
Our main goal for marketing is increasing the size of the project, drawing many services which will integrate our solution in their practice and increase the amount of clients in our base (verificated clients). That's why the main costs are located in marketing. More potential clients in need of verification mean that there are more ways for tokenholders to make use of their tokens.
These calculations show that with the goal that we have set we will need to spend this amount of funds.
Various companies were involved in these calculations, they prepared documentation that was based on the current economic situations in regions in which we are planning the development.
We thank you for your deep interest in our product and we will be happy to listen if you have any examples of projects with similar scope of goal and financial indicators we will gladly become acquainted with them. We hope that your constructive feedback can benefit kyc.legal!
So you have previous experience, correct?
Yes, that is correctWe have been working in information technology for a long time now, more than 10 years. The core of our team has been together for more than five years now, working on projects that cater to our already existing businesses and provide B2B (business to business) solutions: project management, goal setting, audit, etc. We have been watching blockchain closely since 2016, and have now joined forces with Nick Evdokimov and decided to hold our own ICO.
What are the main advantages of your identity verification system?
Our solution is focused exclusively on client identity verification. Our slogan is "Quick and easy". Making it quick and easy to receive KYC. Using our platform, user verification, from the installation of the application and registration in the system to the arrival of an agent, takes less than 30 minutes. This solution will be applicable to all kinds of different areas of business, and not only to creditors.
Why have you decided that the blockchain is essential to your service?
While the initial data is store on the clients device. Hash of data is stored in the blockchain.
If something happens with the user's device, user can re-enter the data and go through the verification with a hash.
Why have you decided that the blockchain is essential to your service?
oh 
and what about the referal program do you have one?
and what about the referal program do you have one?You have a referal link in your private cabinet. Your reward will be 5% of all KYC tokens, purchased by your referrals.
Is your application up and running? Can i test it now?
Yes, we have a running beta version of the app! You can already test the first stage of verification, as well as share your opinion. Launch software for IOS https://itunes.apple.com/en/app/id1299671637 orhttps://play.google.com/store/apps/details?id=en.global.id.client for Android
hi, do you now have agents for identification or is it matter of some future?
No, right now only the 1st stage (self-verification) is active. We will launch the app for agents after the ICO ends. Its already in the works!
Really unique concept, going to follow it closely and see if everything works out. Was there something that pushed you to think of such concept?
About a year ago, our team was working on the creation of a microcredit product for the financial market. We wanted to make the process as simple, quick and reliable as possible. It turned out that the client identification solutions on the market were all too complex and difficult to use. There was simply no convenient solution. We were forced to think it up and create it. The application of crowdsourcing and external agents to the KYC concept makes it possible to ensure its simplicity and speed.
What are the main advantages of your identity verification system?
Haha, your allocation of proceeds is so unclear and doesn't make sense at all. Please clarify what those allocations are and specify why you need them:
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper?
In other words, it seems like you are wasting $12 million of investor money
- $2.5 million - discounts for partnering funds ??
- $3.5 million - referral payments ??
- $1 million - team salaries
- $1 million - technology advertising (what the hell is technology advertising???)
- $3 million - marketing efforts and monthly road show participation (seriously?? so much money for marketing? wtf..)
Why do you need all of that? And why those amounts of money? How did you calculate? Why aren't the calculations in the white paper?
In other words, it seems like you are wasting $12 million of investor money
Why does 15% of the tokens go to the KYC team?!!!!!
!!!!!Answer me please, because 15% is ridiculously high.
So you have previous experience, correct?
oh and what about the referal program do you have one?
and what about the referal program do you have one?You have a referal link in your private cabinet. Your reward will be 5% of all KYC tokens, purchased by your referrals.
Is your application up and running? Can i test it now?
Yes, we have a running beta version of the app! You can already test the first stage of verification, as well as share your opinion. Launch software for IOS https://itunes.apple.com/en/app/id1299671637 orhttps://play.google.com/store/apps/details?id=en.global.id.client for Android
hi, do you now have agents for identification or is it matter of some future?
No, right now only the 1st stage (self-verification) is active. We will launch the app for agents after the ICO ends. Its already in the works!
Really unique concept, going to follow it closely and see if everything works out. Was there something that pushed you to think of such concept?
About a year ago, our team was working on the creation of a microcredit product for the financial market. We wanted to make the process as simple, quick and reliable as possible. It turned out that the client identification solutions on the market were all too complex and difficult to use. There was simply no convenient solution. We were forced to think it up and create it. The application of crowdsourcing and external agents to the KYC concept makes it possible to ensure its simplicity and speed.
Really unique concept, going to follow it closely and see if everything works out. Was there something that pushed you to think of such concept?
hi, do you now have agents for identification or is it matter of some future?
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