Post
Topic
Board Altcoin Discussion
Re: Solving the ICO Dump Crisis
by
autoria
on 06/07/2017, 22:53:38 UTC
But the 100ETH cap is per wallet address, individuals/whales can just use multiple addresses, right?

Hi Tommy,

This is incorrect, there will be KYC implemented in order to prevent Sybil attacks. Good question!


So you expect us to give you our personal information? This is crypto where people like their anonimity. I don't think this is going to work out too well.



Hi MisO69, we will not be personally interfacing with or storing any personal information. We are still working with the idea of implementing KYC, and any KYC will be done through a secure third party service.

Why would potential investors trust any 'secure third party service' disreputable enough to get involved with an ICO (the SEC is getting concerned about how these are run, and are liable to regulate them soon)?

Hi steve, I was mistaken, we are still in the works to finalize the implementation. Stay tuned by following us at https://twitter.com/autoriacoin. Thanks!