Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ION [ION] | ICO LIVE | PoS 3.0 | Mobile Gaming | Join the ionomy today!
by
rdewilde
on 03/09/2016, 23:01:05 UTC
Would be great to have an entity that is legally authorized to process the transaction without every game dev having to go thru that process and do all the same validations on their customers.....

most game devs do just that... games. ion team is different. they are operating as a money transmitting business + games

apple/google stores provide a product/service(non-monetary) for that money and do not need to fulfill banking secrecy acts or other money transmitting regulations. i wonder how they will react to someone turning their payment processor into a money transmitting service with no kyc/aml. i dont know how other gaming coins evade this but to me it looks like you could turn legitimate funds into funding for illegal activities without a trace. very strong move in the day of increased terrorism

Yes, so that is where the opportunity is then. As you said: game dev just wanna dev games. That has potential.