Quote from: vaughn125 on June 10, 2018, 05:39:02 PM

Quote from: Vjatri on June 10, 2018, 02:26:22 PM

KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?

Well, KYC really is important for most of the projects out there because they are just trying to protect their name and the reputation of their projects. Although it may be quite a hassle for almost everyone in this industry, it clearly is for the greater good of the project itself and the supporters and investors who are in it. In our country it hasn't been declared illegal yet which is why I and a lot of my friends are taking advantage of this moment.

I'm not so long in this community but for me complying certain requirements of a reputable ICO is giving me an assurance that the project going to succes if most of the ICO who ask KYC are more successful than others there's no need to be hesitant, only just a little information in our KYC as long as we earned in crypto I think it's quite good. In my country the government never issued any warning about cryptocurrency that means business stays as usual in addition to that some private intities are encouraging individuals to attend simenars about basic trading in cryptocurrency that's a very much welcome development in our community.