Post
Topic
Board Announcements (Altcoins)
Merits 1 from 1 user
Re: ✅ PRE-ANN ✅ PROOF OF DILIGENCE ✅ Developer Verification for PoW Projects ✅
by
SpydrZero
on 19/07/2018, 21:30:58 UTC
⭐ Merited by elyas772 (1)
The concept of the project seems cool but I would like to know who the developers are and if they will abide the exact same requirements of the developers they wish to verify.

Given this is a new project asking for government IDs and such, I personally do not feel comfortable as a developer providing that information to a stranger. I believe that if the developers, creators and team of PoD are going to reveal their government IDs, etc to the public then it would make sense to ask of that information from developers of the projects to be rated.

This is important because in the day and age of KYC/AML, there is no guarantee of identity protection and many of these projects are based in Asia where there is no protection for users outside of those regions.

Also, I believe that this type of verification is necessary if PoD is vetting ICOs but if they are evaluating Proof of Work projects, I do not see the purpose of asking developers for the government IDs unless the proof of work projects are pre-selling coin packages or doing something similar to an ICO.