Will there be a KYC process for investors prior to the ICO? In your wp it only says sth. about verification without the requirement of sending any ID documents.
Anyone can take part in ICO, except USA. In the USA — only accredited investors.
Together with the New York office of the largest international law firm Dentons LLP we devised a very simple structure that will permit US citizens to purchase VLB Tokens. During the ICO, US citizens will be directed to go through a very simple process of demonstrating their “accredited status”. This process will be managed by a third party provider called Early IQ. We will not have access to any personal or financial data that will need to be provided in this process. We will only be privy to names, emails and token wallet addresses.
Ok, thank you for your answer. Opening ICOs for US 'accredited investors' seems to have become common practice.
But no KYC for other countries?
Unfortunately 'accredited investor' means having 1 million USD or a salary of about 200.000 USD a year. so it's back to the whales.
There are always problems with USA these days. Allowing US accredited investors to participate is still a big plus.
