Team also needs to pass KYC - page 5.

Nwankwobtt

member

Activity: 487

Merit: 10

Quote from: Dacosta Osei-Tutu on March 27, 2019, 09:43:59 AM

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

Review websites such as Icodrops and icobench usually get top team members go through kyc but I noticed that even when they don't pass kyc, their project still get listed somehow and it's bad

Yemolou

full member

Activity: 252

Merit: 100

Every team member must pass the KYC process, because if they are not verified, I would never invest in such a project. In my opinion there should be real people behind each project, otherwise I simply cannot trust them.

Russlenat

hero member

Activity: 2716

Merit: 904

Quote from: Fluxtorrence9 on April 06, 2019, 02:27:32 AM

Its already happening you are not doing your research very well ,there are few ICO rating platforms out there that makes the project developers ,CEO ,CTO or even there teams go through KYC process to rate there ICO projects

They should go first, otherwise there is no reason to trust them.
It's transparent and since they need our support and trust in order for them to get the funding, they have to give everything that every investors need to know.

Fluxtorrence9

member

Activity: 336

Merit: 12

Its already happening you are not doing your research very well ,there are few ICO rating platforms out there that makes the project developers ,CEO ,CTO or even there teams go through KYC process to rate there ICO projects

Tylev

full member

Activity: 854

Merit: 104

Quote from: Dacosta Osei-Tutu on March 27, 2019, 09:43:59 AM

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

Of course, now a very abnormal situation has arisen in the activities of ICO, where the ICO team itself is not checked for fraud, but demands to be tested by others. And we all see that the fraudsters are much more among ICO teams than among investors and headhunters.

guffie

full member

Activity: 546

Merit: 100

Many ICO are successful because they have a real Team and can provide correct information. KYC is now widely used in Crypto. So we must also be prepared if the project we are following must use KYC for bounty hunters. And the Team should be able to pass KYC so that more people will believe.

tranduong123

copper member

Activity: 714

Merit: 5

I agree, There are currently a number of ICO review sites, there are requirements for ICOs, such as ICObench, they have part of KYC for the team.

itasannah

sr. member

Activity: 798

Merit: 251

Yes, I agree that the Team behind their ICO must pass KYC. So we know they are very real and we can also see their track record. And this looks very fair because bounty hunters also do KYC. So that everything can be transparent and this will reduce fraud.

Haterstestbtc

jr. member

Activity: 329

Merit: 3

Quote from: kleshovab7 on April 01, 2019, 12:51:42 PM

This is a great idea, but who will check the team?
Who can you trust?
Unfortunately this will not happen. But it would be interesting to see).

It would be much interesting if the manager of the said campaign will provide the whole profile status, links and others information which proves the community that this company or campaign is legitimate. Otherwise, its really impossible to happen that other business sectors or groups formed initiating the KYC requirement of each team.

rachman mahesa

full member

Activity: 966

Merit: 111

Before investing in each project, you should see the team first. If the team has been verified, of course that will increase trust for investment. Because most projects are certainly not verification that makes people hesitate before investing. As an investor, of course you have to see whether the team is trusted or not.

maculeth

member

Activity: 714

Merit: 11

BountyMarketCap

I think it's fair because the team wants the original data from the participants, so the team must also provide their original data as a guarantee that they will not commit a scam.

thinkright

copper member

Activity: 280

Merit: 1

With what you're proposing, there will be the need for a central body to impose kyc od team members but this belie the idea behind crypto. Team members could choose to complete kyc on platforms like icobench in order to build trust with their prospective invewtors

kleshovab7

jr. member

Activity: 238

Merit: 1

This is a great idea, but who will check the team?
Who can you trust?
Unfortunately this will not happen. But it would be interesting to see).

tumis

member

Activity: 1022

Merit: 69

Quote from: OptimusPrime_3 on March 27, 2019, 11:01:13 AM

The team are expected to be certified. You have a good point but the question is, who will verify the kyc? Where will they submit the kyc? Unless we see the team on places like icobench where they have to pass kyc to increase its ratting

Never believe this site! (ico bench!) There are very many projects and scams of many millions that received the highest ratings very quickly after the start of the campaign, had full verifications.

Never trust them

See an example of why --->> https://bitcointalksearch.org/topic/m.49909676 ! <<<< --- Best fraud detector ? - ICOBENCH

Current examples of fraudulent campaigns:

Loyakk They collected 16 million USD! -> https://bitcointalksearch.org/topic/loyakk-ico-scam-5111782
DATABLOCKCHAIN + Swachhcoin (Almost 20 million USD) - > https://bitcointalksearch.org/topic/m.49319218
https://bitcointalksearch.org/topic/another-mafia-swachhcoin-they-will-stealing-your-ids-and-preparing-to-retreat-5124495 -> Another mafia - Swachhcoin -They will stealing your IDs and preparing to retreat

Read and compare all these entries
and that's only 2 % of everything I know
And compare exactly the same methods of operation. The same lies. Phishing documents on the google form.
The same false experts % fake kvc methods
Scam and run method.
New documents from YOU . And the same.
And so all the time and again.

they didn't even calculate any rates and after a year they collect data from nerds.

Quote

example:
SCAMS:

https://icobench.com/ico/intro 4,5 / 33 expert ratings / KYC -YES
https://icobench.com/ico/humancoin 4.5 / 61 expert ratings / KYC -YES
https://icobench.com/ico/trustlogics 3.8 17 expert ratings / KYC -YES
https://icobench.com/ico/datareum 4.4 13 expert ratings / KYC -YES
https://icobench.com/ico/enlte 4.5 / 23 expert ratings / KYC -YES (I am not convinced, but it seems to me that there have been at least twice as many expert assessments alone)
https://icobench.com/ico/sidera-blockchain-technologies 3.0 / 9 expert ratings (the grades were very high, all fell and were changed as soon as the fraud was official)

https://icobench.com/ico/datablockchain ( 4.7 / 55 expert ratings ) KYC -YES / Unofficial fraud but everything points to it (no translator received payment, kyc announced after a year and to this "mysterious" shares).
https://icobench.com/ico/loyakk ( 4.5 /10 expert ratings) / KYC -YES Unofficial fraud but everything points to it (no translator received payment, kyc announced after a year , The administrator lies all the time, all the time removes the group members on the telegram. He deleted his account a few days ago. The company deals with business support, collected 16 million and smoothed out (kyc) documents through the google form.

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yulchatar

full member

Activity: 910

Merit: 100

If initially the project is conceived as scam, then its creators will have no difficulty in faking an KYC verification. Therefore, this is not at all an indicator of an honest and good project. I think that a thorough examination of all aspects of the project will be more reliable for us.

davinchi

legendary

Activity: 2100

Merit: 1058

Quote from: gensol on March 29, 2019, 02:33:52 AM

KYC is not an ultimate sign of a scam free project people can fake their ID just to scam people its not like those KYC docs gets verified by the issuer.

We are fully aware that mere seeing their identity is not enough to justify the authenticity of the project but it will give the users who wishes to do directly verify them the chance of doing so, we just need to explore many option available to us that will make us stay safe in the cryptocurrency investment.

If KYC is not that effective, why do projects and exchanges enforce it on users knowing full well too that they could have supplied a fake identity but at least, it is best they still take their chances, so KYC will be part of many system that should be put in place for project team too for necessary verification by investors.

Toraynt

jr. member

Activity: 168

Merit: 2

Bcnex - The Ultimate Blockchain Trading Platform

That's a great idea, but so far it's not possible, because who will control the whole process. Some teams sometimes put their data on their site and it will always be a plus.

D3m1r4wanti

full member

Activity: 714

Merit: 102

In essence I am very pleased with you, it would be better if DEV and TEAM must first publish their own data in detail, but what I know in ICOBench is that some DEVs have included their KYC

kiemnhieutien

member

Activity: 490

Merit: 17

Project team members need to be verified. But it's not our job, we have/should have a 3rd independent party to verify project team members before they start their ICO/STO.
It's important to detect not real members or members that have participated in scam projects before.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

thecryptocurrency.directory

Quote from: Dacosta Osei-Tutu on March 27, 2019, 09:43:59 AM

Investors and bounty hunters are mostly required to undergo KYC while the team behind the project itself are not known. And they scam people. I suggest the team should first pass a "KYC" test and publish it on their website before investors and hunters are also made to do same. What do you also think?

then we need a site or an independent company that will do that for us, Icobench and other rating sites already have this kind of features but we should not trust them they are working for their own profit, we should have an independent one for investors and bounty hunters.

Topic: Team also needs to pass KYC - page 5. (Read 1011 times)