Trust in the Cryptoworld. KYC for project owners.

RemanCrypto

newbie

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Quote from: albon on December 08, 2022, 04:10:51 PM

Quote from: RemanCrypto on December 07, 2022, 07:52:12 AM

We have a real project and we will fulfill our obligations in full.
We are ready to disclose personal information to partners and institutional investors.

If you are serious about what you say, you and the owners of the project can pay $700 to PinkSale and submit your documents such as (a passport or identity card) and by obtaining the KYC badge, you will have conclusive proof of your good faith and you will gain the confidence of investors because you have proven that you are a real team and not fake members, And do not worry if you have a legit and not scam project, PinkSale will not reveal your documents to the public except in the case of reporting scams or for those who want to file criminal charges. Therefore, you and your team can pay these fees and pass the KYC. In the future, with continuous development and with the achievement of the project goals, your project will gain public popularity and confidence.

We are not releasing our tokens. Our project has already been launched. That's why I don't see the point in getting the status of a verified company on PinkSale.
We're working on obtaining "Verified Provider" status on the website stakingrewards.com

albon

legendary

Activity: 1652

Merit: 1323

Quote from: RemanCrypto on December 07, 2022, 07:52:12 AM

We have a real project and we will fulfill our obligations in full.
We are ready to disclose personal information to partners and institutional investors.

If you are serious about what you say, you and the owners of the project can pay $700 to PinkSale and submit your documents such as (a passport or identity card) and by obtaining the KYC badge, you will have conclusive proof of your good faith and you will gain the confidence of investors because you have proven that you are a real team and not fake members, And do not worry if you have a legit and not scam project, PinkSale will not reveal your documents to the public except in the case of reporting scams or for those who want to file criminal charges. Therefore, you and your team can pay these fees and pass the KYC. In the future, with continuous development and with the achievement of the project goals, your project will gain public popularity and confidence.

RemanCrypto

newbie

Activity: 42

Merit: 0

Quote from: Bitcoin_Arena on November 29, 2022, 07:14:17 PM

Quote from: CuriousGeorge on November 03, 2022, 12:33:54 PM

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

What organizations are there that provide KYC for project owners?

There are so many platforms that provice KYC for project owner just like pinksale, Certik, hacken and many more. These platforms are providing audit and many features available like KYC verification for the developers.

And a number of them have gone ahead to rug pull and make investors lose a lot of money anyway. We have so many thugs and scammers in the crypto industry who are well known or "KYCed", and yet some people just turn a blind eye only to end up losing money.

The message should be for people to avoid throwing their money into aimless projects that are just money making projects for the creators/funders.

We have a real project and we will fulfill our obligations in full.
We are ready to disclose personal information to partners and institutional investors.

RemanCrypto

newbie

Activity: 42

Merit: 0

Quote from: Kurinkitafu on December 02, 2022, 08:51:41 PM

The main problem with KYC on the blockchain is that investors do not have access to information about the project owners for security reasons. To solve this problem, there are some companies that provide KYC services for cryptocurrency projects.

They collect personal data from each project owner and store it in a special database. Then they make it available to investors who want to buy tokens from this particular project using smart contracts or other types of agreements with the project owners.

This has led to the rise of trust companies that provide KYC services for cryptocurrency businesses. These companies verify users' identity and make sure they're who they say they are.

Write the names of such protocols, please.

Kurinkitafu

newbie

Activity: 58

Merit: 0

The main problem with KYC on the blockchain is that investors do not have access to information about the project owners for security reasons. To solve this problem, there are some companies that provide KYC services for cryptocurrency projects.

They collect personal data from each project owner and store it in a special database. Then they make it available to investors who want to buy tokens from this particular project using smart contracts or other types of agreements with the project owners.

This has led to the rise of trust companies that provide KYC services for cryptocurrency businesses. These companies verify users' identity and make sure they're who they say they are.

joniboini

legendary

Activity: 2156

Merit: 1789

Quote from: RemanCrypto on November 01, 2022, 10:53:44 AM

For example, even on pinksale.finance, this service costs $750 and requires verification of the owner's identity.
If we consider the company solidproof.io, then the cost of their services for verifying project owners starts at $1,500. Of course, it is worth noting that the cost of these services includes the initial promotion of the project.
In addition, there are aggregators that provide such services and value their reputation. For example, stakingrewards.com

So basically you want to launch a project, and need a launchpad to raise funds, but you don't want to do KYC because you need to pay those platforms? Even if there was another reason that you can't prove that the project developer is real, building trust is hard if all you have is an empty promise. Build an MVP at the very least, make it usable, and post it on the forum or other communities to build your name. The landscape is different from the ICO boom phase where people happily throw money on anonymous teams because they love memes.

EDIT: Looks like OP already start selling his project with the usual 15% return per year ads.

Bitcoin_Arena

copper member

Activity: 2002

Merit: 1771

฿itcoin for all, All for ฿itcoin.

Quote from: CuriousGeorge on November 03, 2022, 12:33:54 PM

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

What organizations are there that provide KYC for project owners?

There are so many platforms that provice KYC for project owner just like pinksale, Certik, hacken and many more. These platforms are providing audit and many features available like KYC verification for the developers.

And a number of them have gone ahead to rug pull and make investors lose a lot of money anyway. We have so many thugs and scammers in the crypto industry who are well known or "KYCed", and yet some people just turn a blind eye only to end up losing money.

The message should be for people to avoid throwing their money into aimless projects that are just money making projects for the creators/funders.

cryptoaddictchie

legendary

Activity: 2044

Merit: 1315

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

How to gain investors' trust if for security reasons you can't open the information about the project owner to the public?
What organizations are there that provide KYC for project owners?

You need to check vividly. Like the people behind the projects. Usually these people behind the project are being doxxed to give assurance to investors that they are really building the project but dont easily believe if its just on website, cause chances that these people social accounts are just being used. Dig deeper to check or much better confirm via call and check their social if they are really posting about it.

RemanCrypto

newbie

Activity: 42

Merit: 0

Quote from: CuriousGeorge on November 03, 2022, 12:33:54 PM

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

How to gain investors' trust if for security reasons you can't open the information about the project owner to the public?

People will be trusting the developers if these developers are getting doxxed. People will never try to trust any anonymous developers. They may sometime believe in the anon developers just for the gambling purpose and no more. That mostly happened with so many scam tokens.

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

What organizations are there that provide KYC for project owners?

There are so many platforms that provice KYC for project owner just like pinksale, Certik, hacken and many more. These platforms are providing audit and many features available like KYC verification for the developers.

Thank you for your reply!

We have a different case. We have created an investment fund based on a well-known DAO management tool.

CuriousGeorge

sr. member

Activity: 1498

Merit: 251

KUWA.ai

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

How to gain investors' trust if for security reasons you can't open the information about the project owner to the public?

People will be trusting the developers if these developers are getting doxxed. People will never try to trust any anonymous developers. They may sometime believe in the anon developers just for the gambling purpose and no more. That mostly happened with so many scam tokens.

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

What organizations are there that provide KYC for project owners?

There are so many platforms that provice KYC for project owner just like pinksale, Certik, hacken and many more. These platforms are providing audit and many features available like KYC verification for the developers.

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

How to gain investors' trust if for security reasons you can't open the information about the project owner to the public?

By simply building a good product/project. So people judge the product, not the owner or developers. And within that scenario and in the cryptocurrency world, decentralization should be encouraged, hence its characteristic is tied to the product. So, there is no way the user relied upon the developer or owner.

Kindly look at Bitcoin, do we know the owner? Nope. Do people still invest in it? Yep. And as we should have known the saying, don't trust, verify!

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

What organizations are there that provide KYC for project owners?

IIRC, there was some project that solve owner identity verifiability for its users with the owner's privacy in mind, but I forgot the name. Nevertheless, I don't think there is a point in it. Back to the reason above.

RemanCrypto

newbie

Activity: 42

Merit: 0

Quote from: Jawhead999 on October 31, 2022, 11:42:26 PM

As long as the project have a good purpose, have a real use case and solve a problem that anyone still suffering right now, you don't need to ask money from the investors, those investors will invest on your project if they're believe your project. Just like Bitcoin which is not open for crowd funding and the price is depends on people who trust it.

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

What organizations are there that provide KYC for project owners?

What are you talking about? are you want to get someone KYC who's willing to trade their KYC for few dollars? Lol, this is a sign if your project is scam and only to get money.

I would like to ask in response, what are you talking about?
I have already begun to analyze this topic and, as I expected, this is a fairly common approach in the crypto community. It is not so easy for project owners to pass KYC and it costs more than a couple of dollars...
For example, even on pinksale.finance, this service costs $750 and requires verification of the owner's identity.
If we consider the company solidproof.io, then the cost of their services for verifying project owners starts at $1,500. Of course, it is worth noting that the cost of these services includes the initial promotion of the project.
In addition, there are aggregators that provide such services and value their reputation. For example, stakingrewards.com

noorman0

hero member

Activity: 1764

Merit: 694

[Nope]No hype delivers more than hope

There is no such organization, but some audit services accept KYC stakes for new project teams. Especially projects that are required to be bound by regulations (eg. securities tokens), with an audit firm represented to ensure team transparency, some investors may consider this to be sufficient to meet their criteria as a safe project.

electronicash

legendary

Activity: 3066

Merit: 1049

Eloncoin.org - Mars, here we come!

no organization will force the team to send KYC. they even want to hide.
like anyone sending documents, the developer team can also use fake profiles on linkedin which had happened several times and the project was confirmed scam. so if you wanted to invest, you best do it on old projects than the new ones that has higher possibility of scam.

blockman

hero member

Activity: 2660

Merit: 608

Vave.com - Crypto Casino

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

How to gain investors' trust if for security reasons you can't open the information about the project owner to the public?
What organizations are there that provide KYC for project owners?

There's no need for any organization for the owners to provide their KYC. For a simple project, they have a website and they include all of the people behind the team that's working for it.
Gaining trust from investors is hard and that's why I agree to jawhead that there's a need for your project a purpose. If it's the same as the others that have just gained money from the community, you're not getting any trust from anybody.

Jawhead999

legendary

Activity: 1624

Merit: 1143

As long as the project have a good purpose, have a real use case and solve a problem that anyone still suffering right now, you don't need to ask money from the investors, those investors will invest on your project if they're believe your project. Just like Bitcoin which is not open for crowd funding and the price is depends on people who trust it.

Quote from: RemanCrypto on October 31, 2022, 12:43:38 PM

What organizations are there that provide KYC for project owners?

What are you talking about? are you want to get someone KYC who's willing to trade their KYC for few dollars? Lol, this is a sign if your project is scam and only to get money.

RemanCrypto

newbie

Activity: 42

Merit: 0

How to gain investors' trust if for security reasons you can't open the information about the project owner to the public?
What organizations are there that provide KYC for project owners?

Topic: Trust in the Cryptoworld. KYC for project owners. (Read 180 times)