Re: Why KYC is important?

Quote from: peachaston4 on March 13, 2018, 10:22:17 AM

Enkidu has it's pre-sale going on right now. The minimum viable product has been developed before the pre-sale.
Join our Telegram group for more information: https://t.me/enkiduofficial
Join our token sale here: https://tokensale.enkidu.io

Hah, what a nice try to promote your project by creating a topic with a challenging name Wink

If seriously, there are 2 reasons I can see why KYC is needed:
1. Complying with local regulations;
2. Trying to reduce the number of bots registered and thus bringing more "real' money.

So yes, avoiding problems is actually the main thing why KYC is required by most ICOs.