Topic: [ANN][ICO] KYC.legal - Blockchain identity verification - page 199. (Read 44383 times)

Thanks for this question

If we understand you correctly, then you ask us will we split the token into smaller parts?
If this is your question, we plan to develop a product that was high demand. And the tokenholders could earn by inviting new users to the system. This will make the token more profitable  than the cryptotrading

Of course, this is no longer the choice for us, but for the tokenholders, where it will be more comfortable for them to use it
And the use of the token in the system in the stack will always be the same:
1 verification - 1 token

Hello KYC Team! Your concept is really great. I have a decade of experience in international groups of entities and the whole procedure of KYC forms is a nightmare...Please let me know if your services have the potential of expanding to the shipping industry as well.

What do you think the first country will be for the launch of it?

OK, and have you provided for a promotional budget? I guess such projects need lots of marketing..

Did you have any marketing studies? When is the market ready to buy it?

The main benefit that the tokenholders  is the possibility of getting a reward for temporarily providing a token to customers who need verification.
How it’s look like?
The tokenholder has the ability to influence the final cost of services - he can choose how much he wants to earn on the provision of the token and what discount he is willing to provide to the client
 The cost is divided into 2 components:
1) remuneration of the agent - 50% of the base cost of verification
2) the part determined by the token holder, which selects the size of the desired reward. This can be as much as 50% of the base cost, and a smaller percentage if the token holder is willing to provide a discount to the client. In this case, the token holder will receive a reward, the size of which he chooses in his personal account, which we call the stack.
What is a stack?
A stack is simply the personal cabinet of the tokenholder on the platform into which it puts its tokens and in which a unique link is generated with a special price set by it, at which customers can get services cheaper than the base price.

Special tokenholder price 7.5usd = 5usd (agent cost) + 2,5usd (tokenholder revenue) *
Tokenholder can choose a price from 1usd up to full agents price

Addition to the tokenholder

Tokenholder gets the opportunity to earn a large salary so that he helps the service attract new customers by placing their link and receiving revenue from each verification by its link
Provided that he has tokens in his stack.

We have already concluded a number of partnerships with exchanges and services and we are announcing them in the near future.

I really feel like this project has a huuuge potential. The amount of fraud that is going on makes me seriously question whether i would be able to live WITHOUT getting confirmation on the identity i am doing trades with, in all sorts of environments. This is especially needed if blockchain technology is going to go mainstream.

This thing can be huge, solving one of the blockchains great challenges; how to keep people private, but knowing enough information about them to verify their identity?

This means, no more issues with people stealing your money, in theory.

The one question i just really have is, that seeing the scale of the projects potential, how does a supply of 42 million scale with the, potential growing market of Cryptos over the next couple of years? Is the fraction system in the coin geared towards massive growth that the crypto market ought to expect over the next couple of years?

I will have this one bookmarked that is for sure!
 

Thank you so much for being so incredibly helpful
Ok, if to speak about KYCs as utility tokens, what would happen to them after they'd be used?

We have a working version of the application. At the moment, self-identification is already available.

You can download the application at this link: 
https://itunes.apple.com/ru/app/id1299671637 for IOS
https://play.google.com/store/apps/details?id=ru.global.id.client for Android

Ok, this looks like it has great potential, can you tell me more about your partnerships? I have seen a few mentioned it seems like they add value to the concept!

I'm sure that this app will bring a lot of benefits to all users and it will became very popular in the near future

So the app is available already and working? Can you give us an app store link?

Almost anyone who is willing to go and confirm someone's identity and verify his or her documents for $5-25 can become an agent. Like an Uber driver, it is enough for the agent to have our application, through which orders will be placed.

How to become an agent in the future?

KYC does not create a new cryptocurrency. It simplifies the verification process on many services like exchanges, cryptoexchanges, brokerage offices, banks, funds, online loans, etc.

Thanks for your comment. We are currently working on it. Whitepaper will be soon
Our One Pager - https://kyc.legal/OnePage.pdf

I am sorry, I don't get it. What is the purpose of KYC into the crypto world? I like crypto because anonymous.

I think you should explain KYC by updating at the first post, and instead of replying and quote from the members here, it confusing all of us here, explain it details what is the purpose, the roadmap and also the whitepaper from the future development of this project

Verification process via KYC takes less than 30 min