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Topic: Team also needs to pass KYC - page 9. (Read 1011 times)

full member
Activity: 1064
Merit: 112
March 28, 2019, 08:31:50 AM
#65
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?
haha that's funny and impossible in my opinion wherein to convinced easily to pass KYC also, for me for sure one will do that stuff especially if you're part of the team behind because it will be risky  if however the project didn't succeed. Because for sure one thing only will happen wherein more people will spread false accusations in your profile because of being involved with the project and definitely you can't skip on it.  Lol
hero member
Activity: 1316
Merit: 514
March 28, 2019, 08:27:51 AM
#64
~snip~
As regard the team passing KYC, they can even fake it.

There are many ways to make the KYC for Admins/Project Teams  more harder to fake.

Selfie KYC verification with date verification is one thing, Example: Selfie while holding passport and newspaper issued the day of selfie Cheesy there's no way to fake it since everyone can verify its authenticity.
member
Activity: 602
Merit: 12
March 28, 2019, 08:10:58 AM
#63
usually the team did kyc already
you can see their detail on their linkedin or another their social media
but for more detail i agree with you. they should do the same like what their investor do
sr. member
Activity: 1876
Merit: 289
Zawardo
March 28, 2019, 08:10:34 AM
#62
KYC is for customers, but I have an idea if they are really legit team, just introduce themselves in the video that will convince the people to invest their project.
jr. member
Activity: 280
Merit: 2
☀️ Iskra Coin ☀️
March 28, 2019, 08:00:54 AM
#61
It is true that teams and devs needs to undergo KYC as well as the investors but ICObench and icodrops makes many of theses projects do KYC ,you can find it on there websites but that doesn't mean the project will be successful
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
March 28, 2019, 07:14:30 AM
#60
   Team should present each member the best they can. They don`t need simple KYC, they need to do
much more than that. Presenting their past achievements, what school they finished, where they worked,
to say complete CV.
   KYC is a simple thing, team behind serious project should present their members much better, if they
didn`t they are not so serious, their project doesn`t have bright future.
member
Activity: 189
Merit: 10
March 28, 2019, 07:04:48 AM
#59
I totally agree with you, it's team that has to do KYC in order to prove they are not scammers, not bounty hunters or airdroppers.
one of the efforts that became an alternative to detect scammer indeed by kyc. but sometimes it's not a wise choice because the kyc done also potentially to document abuse by some people, who were the concerns by the participants of the bounty.
member
Activity: 690
Merit: 12
There are consequences for every action
March 28, 2019, 07:02:21 AM
#58
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?

Teams need to pass kyc only a few times
Probably when they are getting listed on ico listing sites
Or probably when applying for a listing in the big exchanges

They don’t do kyc for a 0.1$ token

Kyc for hunters need to stop
legendary
Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
March 28, 2019, 06:58:19 AM
#57
Well, exactly the KYC process is to Know Your Customer.
However, this idea may be used to decrease the risks of scam projects.
However, the name may not be KYC. It can be one of the regulations that we can propose in order to ensure that the project is real. I know that with this way, we cannot remove all scammers, but at least, it may decrease some.
If there are certain teams that are showing their identity, it will ensure the investors to invest in their project. However, of course, we still need to analyze the project carefully and ensure that it is not a fake ID.
full member
Activity: 602
Merit: 100
March 28, 2019, 06:23:43 AM
#56
I totally agree with you, it's team that has to do KYC in order to prove they are not scammers, not bounty hunters or airdroppers.
full member
Activity: 560
Merit: 101
Migranet ITO
March 27, 2019, 07:51:17 PM
#55
That's a good idea. The team must also pass KYC. They need to stop scamming. Some projects put fake IDs in their website.
member
Activity: 484
Merit: 11
March 27, 2019, 07:44:25 PM
#54
Yeah, I think so. But we need website that for register all ICO then the team must pass the KYC on that web, It will be transparence for all. More scam ICO can be destroyed.
Yoo
full member
Activity: 574
Merit: 102
March 27, 2019, 07:39:12 PM
#53
How can you do KYC for the team ? Can we do it ?
Yeah, I think what we need to pay attention to on their website about the team is the authenticity of the team. And we can only see it from their social media. Yeah. it is very vulnerable to scam.

So, all we can do is to be very careful when looking at the profile of the team from a project. And I think we also have to be careful before giving KYC to the project. Yeah, even I don't like to do KYC and better avoid it.
sr. member
Activity: 594
Merit: 250
March 27, 2019, 07:22:33 PM
#52
This is a great help not only with the bounty hunters but also to the investor that want to take part in ico. If we know that they are real then we will have assurance that they will do what ever it takes to develop the project. The only problem here is if they pass real identity or not, the only thing that important is the team participate in a blockchain event. It will boost the trust from people.
member
Activity: 598
Merit: 10
March 27, 2019, 07:17:53 PM
#51
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?
Agree, therefore regulations by the government must be applied at least the developer must have a valid license. That way project developers can include valid licenses on their projects that promise they have the funds to build the project and make investors more comfortable investing without any worries and excessive fear.
Yes it's a good idea, because if we as bounty hunters are required to make KYC, why is the project team not required to make KYC? because now there are a lot of ICO scams, and I think KYC for the team is a very good idea.
full member
Activity: 593
Merit: 100
BBOD The Best Derivatives Exchange
March 27, 2019, 07:12:37 PM
#50
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?
Currently, websites evaluating ICOs have added KYC to the ICO development and dispatching team. But very few ICOs developed KYC to verify the identity of the group, so I believe that in the future KYC for ICOs development team is a must.
full member
Activity: 640
Merit: 100
March 27, 2019, 06:58:03 PM
#49
this is what I've been thinking about if investors and bounty hunters must enter KYC to be able to get tokens from a project why don't the teams do the same thing, there should be clear rules for the project teams about KYC for them and even so in the future it will also be able to make ICO conditions good and there will be no scam projects circulating.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
March 27, 2019, 06:57:55 PM
#48
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?
Agree, therefore regulations by the government must be applied at least the developer must have a valid license. That way project developers can include valid licenses on their projects that promise they have the funds to build the project and make investors more comfortable investing without any worries and excessive fear.
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
March 27, 2019, 06:55:41 PM
#47
KYC stands for Know Your Customer it implemented only for all the investors of the project in order to know their credibility as an investor and make sure that the money their going to invest is not from illegal activities or money laundering.

For what I've known there are 2 reasons why KYC is implemented on the bounties:
1. To control the greed bounty hunters who uses different altcoin to abuse the campaign
2. To steal your Identity (Identity theft)

And for your topic which is team needs to pass KYC... and where are they going to conduct their KYC test? the thing here is that the investor and everyone of us should study the project first and don't easily give our personal information.
That's right it's important to make research before we participate in any campaign or invest on it. Because kyc have no assurance if your identity is safe. Make sure that the project is really good and have real team. Although this day is hard to find good one but still there's some projects that we can trust and have potential to be successful.
hero member
Activity: 1442
Merit: 521
No more Rekt and Bust
March 27, 2019, 06:54:55 PM
#46
I would advise to use common sense: if you can not see a single member of the team/no contact on LinkedIn, hands off. If you are willing to risk it anyway, you can blame only person if you are scammed and that is you. However, if you are paranoid enough, nothing can stop your doubts and several teams are working on delivering personal ID documentation on blockchain. Well, it is still in a very early phase, but a few years might change the current state and society would benefit from decentralized protocols astonishingly. Today,we can use social media and fact-check with Google. A bit of effort can fully answer your questions  Wink.
Even scammers look for more ways to show us a fake Linkedin profile. Blockchain technology made is easy for scammers to rob others and it is not ethic to give back their profit to victims from my understanding.
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