Tezos discussion - page 62. | Bitcointalksearch.org

codemanX

full member

Activity: 658

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Quote from: Coinr88 on June 25, 2018, 07:16:15 AM

Quote from: sneakyfox on June 25, 2018, 06:32:47 AM

Hi
What is the approximate duration of the KYC?
day ? a week ?

I got mine confirmed within 20 minutes. Others however are reporting it took them a couple of weeks.
Don't know what it depends on. Maybe I was just lucky enough or I was one of the first few.

Just have a little patience, just like with all things Tezos Grin

Mine was approved in a few hours too, very nice to see the progress lately. I have great hope that Tezos will be a great success and I'm glad to have invested at that time.

Coinr88

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Quote from: sneakyfox on June 25, 2018, 06:32:47 AM

Hi
What is the approximate duration of the KYC?
day ? a week ?

I got mine confirmed within 20 minutes. Others however are reporting it took them a couple of weeks.
Don't know what it depends on. Maybe I was just lucky enough or I was one of the first few.

Just have a little patience, just like with all things Tezos Grin

sneakyfox

newbie

Activity: 36

Merit: 0

Hi
What is the approximate duration of the KYC?
day ? a week ?

legday

sr. member

Activity: 560

Merit: 252

Quote from: Hullo on June 23, 2018, 08:16:34 AM

Usually KYC is asked for investment to know your customers in case you need to verify the source of money. Donations are made anonymously too and in this specific context if we watch then this KYC thing is totally unnecessary if they don't deal it like investment. There is contradiction in teh statement. If this is donation then everyone should be given coins else option of refunding in case one doesn't want to proceed with KYC.

I think its fair to have option of refund if you don't wanna go through KYC. Question is, who would wanna do that when futures are sold over 10x than ICO price?

wangxiaoyan888666

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Quote from: Golden Moon on June 22, 2018, 06:49:41 PM

I've read the Tezos whitepaper and their paper for the Tezos. Definitely an interesting project that I will be personally following

Yes, in fact, Tezos's technology is super class, and community self-care is also good. Follow up project team needs to strengthen marketing and publicity work.

Hullo

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Usually KYC is asked for investment to know your customers in case you need to verify the source of money. Donations are made anonymously too and in this specific context if we watch then this KYC thing is totally unnecessary if they don't deal it like investment. There is contradiction in teh statement. If this is donation then everyone should be given coins else option of refunding in case one doesn't want to proceed with KYC.

shixd8899

member

Activity: 350

Merit: 46

Tezos's team also has the same vision, but they think that the renewal of the protocol is not at the cost of forking. Look forward to the early online Tezos main network.

Neversettle

member

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ZetoChain - ACCELERATING BLOCKCHAIN FOR THE SUPPLY

Quote from: mike77777 on June 22, 2018, 06:14:10 AM

Quote from: Dvd1989 on June 22, 2018, 03:52:08 AM

What happens when you don't pass KYC? Will you get your contribution back (in Eth of Bitcoin)?

Can't imagine them refusing a refund if you don't pass KYC..

Have you ever read terms of ICO? All funds were treated as a donation. So no refund.

That is my opinion too. It was a donation to the team and actually it just makes sense to do a KYC. Sure it was not needed last year but it is now. It makes the listing process much easier for example and I don´t think it should be much of a problem to actually go through the process

Golden Moon

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I've read the Tezos whitepaper and their paper for the Tezos. Definitely an interesting project that I will be personally following

cjl1984

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Quote from: btcash on June 22, 2018, 06:15:21 AM

I finished everything. Now I just wait for delivery. I hope this process will not be any longer and they will give a brief explanation as soon as possible.

Congratulations on your completion of KYC. I think this is a wonderful KYC dishwashing process, which will lead to TEZOS price being more easily pulled up.

chesthing

legendary

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Quote from: Dvd1989 on June 22, 2018, 06:39:06 AM

Quote from: mike77777 on June 22, 2018, 06:14:10 AM

Quote from: Dvd1989 on June 22, 2018, 03:52:08 AM

What happens when you don't pass KYC? Will you get your contribution back (in Eth of Bitcoin)?

Can't imagine them refusing a refund if you don't pass KYC..

Have you ever read terms of ICO? All funds were treated as a donation. So no refund.

Well at that time the whole issue of KYC was not known to investors. I can imagine investors who will now be left without tokens due to failed KYC, will invoke error in order to annul the agreement/donation.

My guess is this will hold up in court.

People who can't pass or refuse to do the KYC process will still be able to sell their tokens peer to peer simply by selling their private key info through escrow. Since the foundation plans to leave the kyc process open indefinitely, they can wait till a good price to do so, which makes this option much better than if they had simply offered refunds at ico price.

Dvd1989

sr. member

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Quote from: mike77777 on June 22, 2018, 06:14:10 AM

Quote from: Dvd1989 on June 22, 2018, 03:52:08 AM

What happens when you don't pass KYC? Will you get your contribution back (in Eth of Bitcoin)?

Can't imagine them refusing a refund if you don't pass KYC..

Have you ever read terms of ICO? All funds were treated as a donation. So no refund.

Well at that time the whole issue of KYC was not known to investors. I can imagine investors who will now be left without tokens due to failed KYC, will invoke error in order to annul the agreement/donation.

My guess is this will hold up in court.

btcash

hero member

Activity: 968

Merit: 515

I finished everything. Now I just wait for delivery. I hope this process will not be any longer and they will give a brief explanation as soon as possible.

mike77777

sr. member

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Quote from: Dvd1989 on June 22, 2018, 03:52:08 AM

What happens when you don't pass KYC? Will you get your contribution back (in Eth of Bitcoin)?

Can't imagine them refusing a refund if you don't pass KYC..

Have you ever read terms of ICO? All funds were treated as a donation. So no refund.

bitcircle

legendary

Activity: 1540

Merit: 1002

Quote from: wack slacker on June 22, 2018, 03:40:37 AM

Quote from: mike77777 on June 20, 2018, 02:59:46 PM

Check your emails. Tezos Foundation is sending activation codes to those who accomplished KYC process.

I passed the KYC test and received a code text, I thought it was a Private key to open the section I joined the ICO. I can not imagine how Tezos will launch his mainnet. I will benefit or a collapse from ICO similar to BNK

From my point of view it has no comparison with BNK it has more big idea and many talented minds are involve into this revolution. Time will decide the direction of this market but I have some good expectation from this project it will make people rich who missed other trains.

Dvd1989

sr. member

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What happens when you don't pass KYC? Will you get your contribution back (in Eth of Bitcoin)?

Can't imagine them refusing a refund if you don't pass KYC..

wack slacker

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Activity: 966

Merit: 102

Quote from: mike77777 on June 20, 2018, 02:59:46 PM

Check your emails. Tezos Foundation is sending activation codes to those who accomplished KYC process.

I passed the KYC test and received a code text, I thought it was a Private key to open the section I joined the ICO. I can not imagine how Tezos will launch his mainnet. I will benefit or a collapse from ICO similar to BNK

lda1000

sr. member

Activity: 581

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Quote from: europesss on June 22, 2018, 01:11:10 AM

It's annoying that there's no new news. We are almost at the end of June and there are no updates. It would be nice to have a countdown on the site.

http://tezosfoundation.ch/news/tezos-foundation-releases-activation-codes/

20. June 2018

Activation codes are available
The Tezos Foundation is pleased to announce that activation codes are now available to contributors who have completed the identity verification process at https://verification.tezos.com.

Launch readiness items completed:


  ✓ Compute storage costs
  ✓ Correct Michelson calling-convention to issue operations instead of calls
  ✓ Enforce checkpointing in the shell for bootstrapping nodes
  ✓ Provide hardware signature capabilities
  ✓ Improve the reliability of the baking daemon
  ✓ Compute gas costs

Launch readiness Items in progress:


  - Tune gas constants
  - Test secure infrastructure for the Foundation’s recommended allocation
  - Propose genesis block

europesss

sr. member

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It's annoying that there's no new news. We are almost at the end of June and there are no updates. It would be nice to have a countdown on the site.

legday

sr. member

Activity: 560

Merit: 252

Quote from: WastedLTC on June 20, 2018, 03:13:40 PM

Quote from: mike77777 on June 20, 2018, 02:59:46 PM

Check your emails. Tezos Foundation is sending activation codes to those who accomplished KYC process.

yup got it... now we wait for the next step.

Its a final step I hope. I mean, what else can be left out there then just launching mainnet? My body is ready!

Topic: Tezos discussion - page 62. (Read 215827 times)