Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Biotron.io Announcement - Transparent personal data analytics platform
by
bitcoin-shark
on 05/03/2018, 21:02:12 UTC
KYC is mandatory for every ICO, if anyone question this it means that it's not clear for you that SEC and other agencies are going after shady ICOs

for many ico its only mandatory above 2-3 ETH. For under 1000$ its bullshit imo. No state or government demands it.
I imagine that for small amounts it is not necessary since it does not make sense for governments to investigate small money transactions.


Evenmore, in fact I found there was a project that requires their bounty hunters to include their data in order to claim the rewards. This is very ridiculous for me.
in general i am against kyc for both to participate/invest in the ico and to be able to collect/claim bounty, but in this case (biotron) since it is a company that will claim/sell personal data i would have nothing against...