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Topic: Does collecting KYC make ICOs more legit? - page 2. (Read 377 times)

legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
November 27, 2017, 03:01:44 PM
#5
I do not think so, there many other things to look into before an ICO project can be considered legitimate and for starters a project with a working product even before the launch their tokensale stands a better chance of getting the legit label because having KYC is only meant to impress the authorities who are monitoring these projects.
full member
Activity: 266
Merit: 101
November 27, 2017, 02:59:34 PM
#4
I personally think so at least they take the law seriosly.

Or they just want to make you think that they take the law more seriously. But regardless of their true intentions, you are still sending your personal information to random people on internet so good luck with that.
member
Activity: 168
Merit: 10
WEICROWD.COM - ICO Tech, Funding & Exchange
November 27, 2017, 02:51:11 PM
#3
I personally think so at least they take the law seriosly.

True that but what about privacy or anonymity?
member
Activity: 70
Merit: 10
November 27, 2017, 02:41:38 PM
#2
I personally think so at least they take the law seriosly.
member
Activity: 168
Merit: 10
WEICROWD.COM - ICO Tech, Funding & Exchange
November 27, 2017, 02:34:51 PM
#1
I have seen ICOs now collecting KYCs if you want to buy their token. Does this add to their credibility in any manner?
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