Topic: [ANN][OAX] openANX - Real World Application of Decentralized Exchanges - page 94. (Read 135471 times)

Quote from: bitvoyager on June 29, 2017, 09:46:22 AM

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

I am pretty sure that the KYC applies only to the people that invested $5,000 or more. If you didn’t invests that much money into openANX then you should be fine.

Quote from: dz4505 on June 29, 2017, 11:58:22 AM

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

Don't worry before the time, dz4505.

Fingerprints, thermal hand vein pattern, iris recognition and retina scanning. This the future, Sampey!
Someday we will need to travel to ICO's headquarters to get our Tokens. As a really existent totally verified physical persons.

Nah, I am sure that the people investing money into a project wouldn’t want to travel across the world just so they can cash out a few dollars lol.

If arbitrary limit it is $5,000 then they should have let us know so we could stay under that limit. I just calculated mines and I am 26 dollars over. WTF LOL. Angry

There is such info in the Bounty ANN:
"Any reward exceeding value of USD$5,000 (6666 OAX) must perform KYC to receive reward. We will contact you if such a situation arises"
https://bitcointalksearch.org/topic/active-bountyann-oax-real-world-application-of-decentralized-exchanges-1947373

I hope everything will be alright for you, dz4505. Let's wait for the new announcement on the KYC theme.

LOL I literally went over. 6,701.52. Wonder can they just refund me 1 eth. Well this is an awkward position to be in haha. They need to make that bigger and have an additional confirmation on their website letting them know about KYC.

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Quote from: asdalani on June 29, 2017, 11:53:39 AM

Quote from: bitvoyager on June 29, 2017, 09:46:22 AM

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

I am pretty sure that the KYC applies only to the people that invested $5,000 or more. If you didn’t invests that much money into openANX then you should be fine.

Quote from: asdalani on June 29, 2017, 11:53:39 AM

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

Don't worry before the time, dz4505.

Fingerprints, thermal hand vein pattern, iris recognition and retina scanning. This the future, Sampey!
Someday we will need to travel to ICO's headquarters to get our Tokens. As a really existent totally verified physical persons.

Nah, I am sure that the people investing money into a project wouldn’t want to travel across the world just so they can cash out a few dollars lol.

If arbitrary limit it is $5,000 then they should have let us know so we could stay under that limit. I just calculated mines and I am 26 dollars over. WTF LOL. Angry

There is such info in the Bounty ANN:
"Any reward exceeding value of USD$5,000 (6666 OAX) must perform KYC to receive reward. We will contact you if such a situation arises"
https://bitcointalksearch.org/topic/active-bountyann-oax-real-world-application-of-decentralized-exchanges-1947373

I hope everything will be alright for you, dz4505. Let's wait for the new announcement on the KYC theme.

dz4505

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Activity: 154

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Quote from: bitvoyager on June 29, 2017, 09:46:22 AM

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

I am pretty sure that the KYC applies only to the people that invested $5,000 or more. If you didn’t invests that much money into openANX then you should be fine.

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

Don't worry before the time, dz4505.

Fingerprints, thermal hand vein pattern, iris recognition and retina scanning. This the future, Sampey!
Someday we will need to travel to ICO's headquarters to get our Tokens. As a really existent totally verified physical persons.

Nah, I am sure that the people investing money into a project wouldn’t want to travel across the world just so they can cash out a few dollars lol.

If arbitrary limit it is $5,000 then they should have let us know so we could stay under that limit. I just calculated mines and I am 26 dollars over. WTF LOL. Angry

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Quote from: bitvoyager on June 29, 2017, 09:46:22 AM

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

I am pretty sure that the KYC applies only to the people that invested $5,000 or more. If you didn’t invests that much money into openANX then you should be fine.

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

Don't worry before the time, dz4505.

Fingerprints, thermal hand vein pattern, iris recognition and retina scanning. This the future, Sampey!
Someday we will need to travel to ICO's headquarters to get our Tokens. As a really existent totally verified physical persons.

Nah, I am sure that the people investing money into a project wouldn’t want to travel across the world just so they can cash out a few dollars lol.

Sampey

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Activity: 2632

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i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

yes, but sometimes in each ico there are 3-4 documents with 20 pages each.
I think this is a very important info, and it's mandatory to write very big at the center of the home page "TO COMPLETE THE ICO YOU MUST PROVIDE PERSONAL INFORMATION".
why a such important info is inside a pfd file??

I hope they will change mind about tokens activation.

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i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

Don't worry before the time, dz4505.

Fingerprints, thermal hand vein pattern, iris recognition and retina scanning. This is the future, Sampey!
Someday we will need to travel to ICO's headquarters to get our Tokens. As a really existent totally verified physical persons.

dz4505

full member

Activity: 154

Merit: 100

Quote from: xx63245613 on June 29, 2017, 09:21:37 AM

i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

Wish I read the fine prints earlier or else I would not have gone in otherwise. Angry

bitvoyager

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Activity: 560

Merit: 256

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I joined the signature and avatar campaign,and now promoted to SR member.Please update it,thanks.

Thank you for the participation in the Signature campaign, xx63245613!

Please make a post about these your changes in the OAX Bounty thread:
https://bitcointalksearch.org/topic/active-bountyann-oax-real-world-application-of-decentralized-exchanges-1947373

Sampey

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Activity: 2632

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i'm pretty sure a lot of people won't be happy about the idea tu submit document/passport bill etc.... just to activate a token.
I hope final choose will be different : maybe submit document when you wants to use the tokens on openANX.

bitvoyager

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Activity: 560

Merit: 256

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Quote from: dz4505 on June 29, 2017, 09:21:43 AM

I am so confused about KYC. As far as I can tell we already have the tokens, but its not activated.

So we will need to submit an ID to get it activated? Huh

Thank you for the questions, dz4505!

1. Let's wait for announcements about KYC

Quote from: bitvoyager on June 29, 2017, 04:43:53 AM

Here is some info about current situation with KYC:
https://bitcointalksearch.org/topic/m.19751202

Pinned post on Slack:
"Reasonable KYC processes are conducted to comply with the (basic) regulatory requirements. Given the critical interaction that will be required going forward for the successful launch of the project, it is important that the Foundation and the Exchange do not get started on a negative footing with regulators and policy makers which may otherwise jeopardize the viability of the project."

OAX representative on Slack:
"we will have updates shortly (likely tomorrow) regarding the KYC process and how we will simplify it
I will keep slack updated regarding KYC processes"

https://openanx.slack.com/messages/C4R527SJC/

2. The Tokens will be "activated" and will become tradable and transferable on July 29th+- .
The Token Sale Summary Sheet: https://www.openanx.org/en/assets/documents/openANX_Token_Sale_Summary_Sheet_ENU.pdf

dz4505

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Activity: 154

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I am so confused about KYC. As far as I can tell we already have the tokens, but its not activated.

So we will need to submit an ID to get it activated? Huh

xx63245613

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I joined the signature and avatar campaign,and now promoted to SR member.Please update it,thanks.

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Quote from: bitvoyager on June 29, 2017, 06:03:00 AM

Quote from: HongKong on June 29, 2017, 04:56:25 AM

Quote from: bitvoyager on June 29, 2017, 04:43:53 AM

Quote from: HongKong on June 29, 2017, 04:56:25 AM

Hi,
just a question, not sure to have understood......
If i bought let's say 500 OAX during the ICO i need to full submit (somewhere, actually i'm not able to find it) my IDCard/Passport, Bill and personal data to unlock that tokens?

Thanks

Thank you for the interest to the project, Sampey!

Here is some info about current situation with KYC:
https://bitcointalksearch.org/topic/m.19751202

Pinned post on Slack:
"Reasonable KYC processes are conducted to comply with the (basic) regulatory requirements. Given the critical interaction that will be required going forward for the successful launch of the project, it is important that the Foundation and the Exchange do not get started on a negative footing with regulators and policy makers which may otherwise jeopardize the viability of the project."

OAX representative on Slack:
"we will have updates shortly (likely tomorrow) regarding the KYC process and how we will simplify it
I will keep slack updated regarding KYC processes"

https://openanx.slack.com/messages/C4R527SJC/

We will keep Bitcoin Talk updated too.

Please try to explain why we need to have a KYC verification completed if you guys already have our Ethereum address. Is the tokens going to get placed on the ANX exchange and the investor will have to manually transfer the coins out of it or is it going to be done one by one manually through some sort of escrow?

thanks.

Thank you for the interest to the OAX platform, HongKong!
1. I am not the representative of the OAX Foundation. I may just assume that the KYC and AML/CTF procedures are the demand of a lot of regulators in a lot of countries. And the openANX is trying to accomplish all these requirements, to be completely in the legal field. It's a very important for the openANX as for the future large global player. Ethereum address is quite anonimous as i know. Let's wait for an announcements on this theme.
2. If I understood your question correctly. After the investing you can see the Tokens in your wallet (after adding Custom Token). On July 29th+- the Tokens will be "activated" and will become tradable and transferable. You may read about all phases of distribution here in the Token Sale Summary Sheet:
https://www.openanx.org/en/assets/documents/openANX_Token_Sale_Summary_Sheet_ENU.pdf

Alright, thanks for the info. I kind of understand it now.

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Quote from: bitvoyager on June 29, 2017, 04:43:53 AM

Quote from: bitvoyager on June 29, 2017, 04:43:53 AM

Hi,
just a question, not sure to have understood......
If i bought let's say 500 OAX during the ICO i need to full submit (somewhere, actually i'm not able to find it) my IDCard/Passport, Bill and personal data to unlock that tokens?

Thanks

Thank you for the interest to the project, Sampey!

Here is some info about current situation with KYC:
https://bitcointalksearch.org/topic/m.19751202

Pinned post on Slack:
"Reasonable KYC processes are conducted to comply with the (basic) regulatory requirements. Given the critical interaction that will be required going forward for the successful launch of the project, it is important that the Foundation and the Exchange do not get started on a negative footing with regulators and policy makers which may otherwise jeopardize the viability of the project."

OAX representative on Slack:
"we will have updates shortly (likely tomorrow) regarding the KYC process and how we will simplify it
I will keep slack updated regarding KYC processes"

https://openanx.slack.com/messages/C4R527SJC/

We will keep Bitcoin Talk updated too.

Please try to explain why we need to have a KYC verification completed if you guys already have our Ethereum address. Is the tokens going to get placed on the ANX exchange and the investor will have to manually transfer the coins out of it or is it going to be done one by one manually through some sort of escrow?

thanks.

Thank you for the interest to the OAX platform, HongKong!
1. I am not the representative of the OAX Foundation. I may just assume that the KYC and AML/CTF procedures are the demand of a lot of regulators in a lot of countries. And the openANX is trying to accomplish all these requirements, to be completely in the legal field. It's a very important for the openANX as for the future large global player. Ethereum address is quite anonimous as i know. Let's wait for an announcements on this theme.
2. If I understood your question correctly. After the investing you can see the Tokens in your wallet (after adding Custom Token). On July 29th+- the Tokens will be "activated" and will become tradable and transferable. You may read about all phases of distribution here in the Token Sale Summary Sheet:
https://www.openanx.org/en/assets/documents/openANX_Token_Sale_Summary_Sheet_ENU.pdf

HongKong

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Activity: 812

Merit: 500

Hi,
just a question, not sure to have understood......
If i bought let's say 500 OAX during the ICO i need to full submit (somewhere, actually i'm not able to find it) my IDCard/Passport, Bill and personal data to unlock that tokens?

Thanks

Thank you for the interest to the project, Sampey!

Here is some info about current situation with KYC:
https://bitcointalksearch.org/topic/m.19751202

Pinned post on Slack:
"Reasonable KYC processes are conducted to comply with the (basic) regulatory requirements. Given the critical interaction that will be required going forward for the successful launch of the project, it is important that the Foundation and the Exchange do not get started on a negative footing with regulators and policy makers which may otherwise jeopardize the viability of the project."

OAX representative on Slack:
"we will have updates shortly (likely tomorrow) regarding the KYC process and how we will simplify it
I will keep slack updated regarding KYC processes"

https://openanx.slack.com/messages/C4R527SJC/

We will keep Bitcoin Talk updated too.

Please try to explain why we need to have a KYC verification completed if you guys already have our Ethereum address. Is the tokens going to get placed on the ANX exchange and the investor will have to manually transfer the coins out of it or is it going to be done one by one manually through some sort of escrow?

thanks.

Sampey

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Activity: 2632

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Thank you so much Wink

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