Topic: [ANN][ICO] KYC.legal - Blockchain identity verification - page 43. (Read 44371 times)
Will tokens be of value after completion ICO?
Please tell what does the project offer token holders?
Hi there. Verification costs 10-50 USD (depends on region). Tokenholder can divide the half of it between him and a new user, who needs a verification. He should transfer tokens into stack on his backoffice. After that he will receive a refferal link. Tokenholder can place it in some internet resources (website, social networks etc). When user (who needs a verification) follows this refferal link and pays for a verification ($10-50), he receives a discount and the tokenholder receives the rest part of the half of verification price. The tokenholder should decide (and fix it in his stack) in what proportion the half of the verification price will be divided between him and the user. The stack is a personal cabinet into which the tokenholder placed his tokens and generates a unique link with its unique price at which customers can get a special price different from the base price. The token is blocked for 1 month after it is called by the agent and then you can use it again.
Please tell what does the project offer token holders?
I see you have a working app already, but only on iOS and android. Is the desktop version coming?
Not right now, no. The desktop version does not provide maximum data protection. We immediately submit this solution as soon as the technologies allow us to provide the same level of protection as telephones.
Can i use my Coinbase Ether wallet in my profile so you will send the tokens there after the ICO ends?
Hello. As far as we know, the Coinbase wallet is not ERC20 compliant. We recommend using MyEtherWallet.
What is the total fund allocation of your project? Can i see it anywhere?
Hello. Here's the budget allocation:
$2.5M - discounts for partnering funds
$3.5M - referral payments
$1M - team salaries and overhead costs
$1M - technology advertising
$3M - marketing efforts and monthly Road Show participation
$25M - financing of the free validation service provision for the first 1,000,000 of users
($25 per certified agent, the remaining half is expected to be covered by active token holders
in exchange for promotion of their Stacks and services).
But this is a hardcap version of the allocation, right? What will happen if you don't reach hard cap.
In that situation the allocation will be changed accordingly by the %.
I see you have a working app already, but only on iOS and android. Is the desktop version coming?
Can i use my Coinbase Ether wallet in my profile so you will send the tokens there after the ICO ends?
What is the total fund allocation of your project? Can i see it anywhere?
Hello. Here's the budget allocation:
$2.5M - discounts for partnering funds
$3.5M - referral payments
$1M - team salaries and overhead costs
$1M - technology advertising
$3M - marketing efforts and monthly Road Show participation
$25M - financing of the free validation service provision for the first 1,000,000 of users
($25 per certified agent, the remaining half is expected to be covered by active token holders
in exchange for promotion of their Stacks and services).
But this is a hardcap version of the allocation, right? What will happen if you don't reach hard cap.
What is the total fund allocation of your project? Can i see it anywhere?
Hello. Here's the budget allocation:
$2.5M - discounts for partnering funds
$3.5M - referral payments
$1M - team salaries and overhead costs
$1M - technology advertising
$3M - marketing efforts and monthly Road Show participation
$25M - financing of the free validation service provision for the first 1,000,000 of users
($25 per certified agent, the remaining half is expected to be covered by active token holders
in exchange for promotion of their Stacks and services).
What is the total fund allocation of your project? Can i see it anywhere?
Which country will be among the first to see the project? Also, you won't hire any permanent agents right?
You can see this information in WP (Roadmap section) - https://kyc.legal/WhitePaper-ENG.pdf.The project does not plan to maintain a staff of agents. Almost anyone who is willing to go and confirm someone's identity and verify his or her documents for $5-25 can become an agent. Like an Uber driver, it is enough for the agent to have our application, through which orders will be placed. If clients who would like to use this service appear in a certain region, we find local people who are willing to act as our agents.
Which country will be among the first to see the project? Also, you won't hire any permanent agents right?
How your system will verify the documents whether it's real or fake?
The initial information entered can be anything, even false information. However, when the order is processed we check the cardholder and the party who is paying the money. The card is issued by a bank, which performs some sort of check on its end. Potential agents also undergo a fairly in-depth verification process: utilities bills issued in their name and to their address, passport or other identification document, details of bank accounts that have been in existence for at least 45 days (this ensures another level of reliability, we do not want fly-by-night agents). We check those who will then check our clients.A document identification system will be used to check the documents submitted during user verification, and we also perform an AML check and use various other internal and external services that allow us to verify the provided documents.
During the second stage of document verification, we use agents who must confirm that the person exists and that the documents indeed belong to him or her.
It is similar to the example of receiving a credit card from a bank. The bank sends a courier who checks the recipient and his or her documents.
How much 1 KYC token cost? Any package?
Hello.Token price is 1.85$ at this stage?
Please clarify your question "Any package?".
Hello, is KYCs exchangeable?
Hello. Yes, of course.
How your system will verify the documents whether it's real or fake?
How much 1 KYC token cost? Any package?
Hello, is KYCs exchangeable?
When do you plan listing on exchange? and which have agreements with the exchanges?
We have already concluded a number of partnerships with exchanges and services and we are announcing them in the near future. At this moment that information is unavailable. Regarding our latest news on this matter - we have partnered with Quarrex. You can read more about it here: https://bitcoingarden.org/kyc-legal-qurrex-collaborate-hybrid-cryptocurrency-exchange/.
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