The issue of KYC verification this days on any ico one wants to buy is pronouncing. My question is, is KYC really necessary before one can purchase a particular project Ico? Because our documents were mend to be keep confidential and not to expose it to public, and the new rules is not KYC not Ico.
I hope our documents will not be use for impersonation of any criminal activities?
Please I need advice
Thanks
The turn of events makes some things necessary and not important KYCs, white list to participate in ICOs makes those thing seems like a big deal. Its just a way to follow the trend and ensure that the funds generated from such project can be traced and the people behind such investments can also be found. But I wonder if someone with questionable funds will want to go through those stress. If he will just send a mail to the developers and tell them he wants to be an "angel" investor and that settles it.