Topic: [ANN][TokenSale] ICO Pass - Easiest way to do KYC checks - page 2. (Read 1743 times)
Great news. As the Token Sale is is coming up we put a Quiz on Reddit, where all correct answers will get ICO Pass tokens: https://redd.it/836v21
Hi. Thank you for addressing a real-world issue. Ethereum needs more working models rather than just issuing ERC20 tokens to pie in the sky ICOs. Wish you lots of success!
hello honor admin. I apologize in advance, I have been filling Twitter and Facebook campaign reports in weeks 1 & 2 but in Twitter spreadsheet number 83 and Facebook number 66 is not filled with numbers what is wrong with my report ?? please very much to be corrected. and today I have reports also weeks 3 & 4. thank you
Can you please write to us in Telegram?
hello honor admin. I apologize in advance, I have been filling Twitter and Facebook campaign reports in weeks 1 & 2 but in Twitter spreadsheet number 83 and Facebook number 66 is not filled with numbers what is wrong with my report ?? please very much to be corrected. and today I have reports also weeks 3 & 4. thank you
Peace be with you sir, by the way Do you plan to be involved in Government consultations regarding ICOs? I believe that it could add you credibility?
Yes. We already have Advisor that is Member of EU Parliament and is involved in Blockchain regulation in European Union. We ourselves have previously developed Digital Identity solutions for Latvian Government. This all together puts as in a great position to work with Governments in the future.
The idea Pass is interesting. Can you explain to me. How much do you guys want to expand ? Thankfulness.
Peace be with you sir, by the way Do you plan to be involved in Government consultations regarding ICOs? I believe that it could add you credibility?
I want to be part of this amazing project. It is full of potentials that will transform the members
Novo projeto legal. É bom ter uma abordagem simples / consistente para cheques KYC!
Cool new project. Nice to have a simple / consistent approach to KYC checks!
great project . good naghit 
KYC can be very annoying, and as it looks like it is also expensive at the moment.
Sounds very promising for me.
Sounds very promising for me.
Simple and Genius.
It will work especially wel because ICO KYC is starting to become more common even in the cases of bounty.
Love it, will spread the word!
It will work especially wel because ICO KYC is starting to become more common even in the cases of bounty.
Love it, will spread the word!
I’ve seen ICOs struggling with KYC due to manual check long after the token sell- the question is, if token issuers can do KYC with ICO PASS before the actual ICO, avoiding long lines? Does the team have experience with digital identity projects? Great project By the way.
Thank you. Yes, KYC can be done before the Sale. That is actually how we will do in our ICO. The contributor will be asked to verify the identity and whitelist the wallet before buying the tokens. In case a person sends funds from an un-verified wallet - these funds will be returned immediately to the sender using smart-contract. A more detailed description how this will work is here:
- users download the app;
- fills personal data about them such as e-mail and verifies it (this is needed in order to be able to later on contact contributor if there is need for additional information);
- takes photo of the ID documents and themselves;
- when the authenticity of the person is verified, watch-list checks performed and face-matching done - identity is considered to be verified;
- person then links the identity with the wallet address;
- when a person transfer then funds from a wallet smart-contract checks if it is linked to a verified identity. If it is not, then funds are returned.
For ICO organizer we will provide a dashboard where all this information about contributors is collected - watch-list report and photos of the person and ID document.
Forgot to write about our experience. If you check our team in details you can see that 5/6 have a technical background. Before ICO Pass we have developed both Latvian National eID architecture as well as e-signature solution. Moreover, in this capacity we have signed deals with UBS and Credit Suisse on building eID solution in Switzerland. You can find information about this if you Google our company Notakey and UBS. If you have concerns about our blockchain experience you can check our blog posts on Medium: www.medium.com/icopass. Some of the blockchain companies that are building ethereum wallet have expressed interest to consult them in this field.
About experience in building €MM business you can check Gints experience. He has managed €119m budget. Also one of our Advisors is Stefan Loacker - Former CEO of Helvetia Group (the biggest Insurance company in Switzerland).
I’ve seen ICOs struggling with KYC due to manual check long after the token sell- the question is, if token issuers can do KYC with ICO PASS before the actual ICO, avoiding long lines? Does the team have experience with digital identity projects? Great project By the way.
Thank you. Yes, KYC can be done before the Sale. That is actually how we will do in our ICO. The contributor will be asked to verify the identity and whitelist the wallet before buying the tokens. In case a person sends funds from an un-verified wallet - these funds will be returned immediately to the sender using smart-contract. A more detailed description how this will work is here:
- users download the app;
- fills personal data about them such as e-mail and verifies it (this is needed in order to be able to later on contact contributor if there is need for additional information);
- takes photo of the ID documents and themselves;
- when the authenticity of the person is verified, watch-list checks performed and face-matching done - identity is considered to be verified;
- person then links the identity with the wallet address;
- when a person transfer then funds from a wallet smart-contract checks if it is linked to a verified identity. If it is not, then funds are returned.
For ICO organizer we will provide a dashboard where all this information about contributors is collected - watch-list report and photos of the person and ID document.
I’ve seen ICOs struggling with KYC due to manual check long after the token sell- the question is, if token issuers can do KYC with ICO PASS before the actual ICO, avoiding long lines? Does the team have experience with digital identity projects? Great project By the way.
ICO is who very brillian, I do not know whether the ICO is successful in the future or not but it depends on the team that manages this project well.
hopefully the target can be achieved and success for your project.
hopefully the target can be achieved and success for your project.
Thank you. If you take a look at the team then it will clear all the doubts. We developed Latvian Government State ID architecture and E-Signature solution for citizens. We also have a working relationship with the banks: http://swissfinancestartups.com/2016/12/notakey-swisscom-ubs-cs/ (Notakey is the name of our company that is developing ICO Pass). Moreover, the product is ready and everybody will be able to test it out on our Token Sale. This will be the first time we will use our product before giving it to other ICO organizers.
It should absolutely be actualized, I am fed up with making kyc for each ico, there will be a sole central system and all icos will be integrated to the ones that made validation, we have the absence of this.
Totally agree with this. I could talk for hours how ineffective are the existing solutions. Just take Friendz ICO. Imagine, their Founders were going through every KYC application manually: https://twitter.com/Friendz_ICO/status/962351586336034816
Then of course there is also a question how secure are the solutions. Just take Sentinel data leak as an example: https://thenextweb.com/hardfork/2018/02/07/sentinel-chain-ico-leak-passport/
We definitely can do things better then that. And this is exactly what we will solve with ICO Pass.
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