Post
Topic
Board Announcements (Altcoins)
Re: ⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡
by
PostNPlay
on 19/05/2018, 12:12:15 UTC
Some may not agree with me but I like the fact that they have considered pioneering the very first and more advanced anti-money laundering ID verification system as their part of the preparation for the potential regulations of the governments. That's a great move from XBrick Team. KYC is very important especially for security purposes.

i respect your opinion, but for me still not good. I mean if your starting an ico , you should know what regulations you should abide by now, and require your clients immediately to do the same. But if they are saying that theya re just doing this in advance? whats the use of collecting all these datas when your not going to use it yet?

It is better to start a thing right than do it later after it was launched. Some users are not really that compliant when it comes to upgrades or changes. We have experienced that to different projects I have handled. We should be thinking in advance so there would be minimal changes in the future especially when you are aligning it to be more applicable for the next coming years.