Topic: KYC, during or post ICO? - page 5. (Read 540 times)
KYC after ico is rare. Maybe to protect the big investment or other problems. However, they can change their strategy according to different circumstances and conditions, requirements or surrounding legal issues.
Dont see anything bad about kyc, its an ordinary procesure
it's not about if a KYC to be included or not, the question is when to have it as must, before user can buy token or post the ICO
Dont see anything bad about kyc, its an ordinary procesure
I think kyc should be recommended at the beginning of the project not the middle or at the end of the project
asking you to do KYC before you buy is straight forward and an honest way . But asking for KYC after you send them your money is kinda tricky and I do not like this way of dealing, Unless it was not planned and they kinda forced to do it which is so rare, any project should be aware and prepared before they start their ICO .
Agree, the best option is to let the KYC as optional during the ICO and later ask for the KYC post the ICO. This will make the process more flexible for both project owner and buyer
To my mind it's more reasonable to ask kyc after ICO. Because not all the ICOs end successfully, and developers have to give money back.Why should investors give their personal data to the project which hasn't proved to be successful yet?
KYC is a part of ico that requires you to fill your identity to fulfill the requirements to participate in the ico program that you follow, because there are certain countries that are not required to participate, and usually that happens after they send a box to you, and after you fill it out, You get results from ico that you follow.
asking you to do KYC before you buy is straight forward and an honest way . But asking for KYC after you send them your money is kinda tricky and I do not like this way of dealing, Unless it was not planned and they kinda forced to do it which is so rare, any project should be aware and prepared before they start their ICO .
What is the pros and cons of doing the KYC during the ICO or post the ICO?
I've participated in many ICOs, some of the force you to do the KYC before you can buy their tokens, others they wait and later send you a KYC email/request. so i am wondering what are the pros and cons of each approach
Passing the KYC during the ICO period is better because some countries don't allow you to participate on ICO's if you are from that country you invested earlier but later if you want to pass KYC you may not so you will lose your money.Bu many people were afraid to expose their personal details earlier because of the personal information can be misused if they are scammers. I've participated in many ICOs, some of the force you to do the KYC before you can buy their tokens, others they wait and later send you a KYC email/request. so i am wondering what are the pros and cons of each approach
What is the pros and cons of doing the KYC during the ICO or post the ICO?
I've participated in many ICOs, some of the force you to do the KYC before you can buy their tokens, others they wait and later send you a KYC email/request. so i am wondering what are the pros and cons of each approach
I've participated in many ICOs, some of the force you to do the KYC before you can buy their tokens, others they wait and later send you a KYC email/request. so i am wondering what are the pros and cons of each approach
If you are investing legal (tax paid) money in ICOs and if you will be declaring the profits and paying taxes , from your investments in ICO,there should not be any problems with KYCs
But if investing in ICOs/Cryptos is illegal in your country,you should stay away from ICOs that require KYC documents
If I trust in the project - I will pass KYC. If I don't trust in the project - I will never pass)
And in general - I am a law-abiding citizen of the country except that I have a bitcoin) Therefore if someone learns who I am such - I won't strongly be upset.
Though, I heard stories when just according to the photo of the passport of the person took the credit - here already you begin to think
And in general - I am a law-abiding citizen of the country except that I have a bitcoin) Therefore if someone learns who I am such - I won't strongly be upset.
Though, I heard stories when just according to the photo of the passport of the person took the credit - here already you begin to think
What is the pros and cons of doing the KYC during the ICO or post the ICO?
I've participated in many ICOs, some of the force you to do the KYC before you can buy their tokens, others they wait and later send you a KYC email/request. so i am wondering what are the pros and cons of each approach
I've participated in many ICOs, some of the force you to do the KYC before you can buy their tokens, others they wait and later send you a KYC email/request. so i am wondering what are the pros and cons of each approach
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