Quote from: grahvity on October 13, 2015, 01:21:34 PM

Besides being resistant to theft, what's the benefit of having my identity tied to my transactions?
https://exchange.atenpay.com/pages/kyc

Where did you come up with 1 ATENC = 2 USD? Huh

https://www.atenpay.com

Q1: Besides being resistant to theft, what's the benefit of having my identity tied to my transactions?
Feedback: The benefit is that Aten Coin will be KYC/AML compliant. Having people identities tied to transactions allows us to reveal and report legal identities of senders and receivers who are suspected to be involved in criminal activities. Furthermore, having people identities tied to transactions allows NAC to trace back all transaction records of individual Aten Coin users, and allows NAC to perform in depth analysis to identify suspicious activities.

Q2: Where did you come up with 1 ATENC = 2 USD?
Feedback: Indeed NAC has been selling atencoins to public through direct sales. The price has been kept adjusting upon the response and demand from the market, and has reached a current value of 2 USD. NAC has already sold about 5 million ATENC to the public.
At the first stage, NAC will sell 12 million ATENC to the public, and the price will be decided by NAC. At this stage, people can only buy Aten Coin, but could not sell them.
At the second stage (when 12 million ATENC have been sold), people can sell their atencoins to other people through exchange markets. By then, the value of Aten Coin will be dictated by the public.