Post
Topic
Board Announcements (Altcoins)
Re: ⚡⚡[ANN] [PRE-ICO] ⚡⚡ PHILANTHOR ❤️ Blockchain Philanthropy Foundation ⚡ LIVE ⚡
by
ofertal
on 26/07/2018, 02:33:12 UTC
Will you create groups with the same belief using the token or Philanthor protocol? Is it necessary for the data to be verified to participate in the pre-sale?

Yes, people who have the same ideas about who to help will pull their weight towards that ideas, either automatically by the DAO, or by introducing new ideas to the collective of the members and asking them to participate in a specific cause or charity.

The Pre sale has a basic KYC, no need to upload IDs, but still need to provide contact details.

Please join us now and enjoy the 50% discount of the pre-sale while it lasts.

https://www.philanthor.com

I understand, but will this basic data for KYC validation be only once correct? In the future will it not be necessary to send IDs, or proof of residency?

As @Philanthor mentioned, The KYC is basic even now at the pre-sale. You are not required or requested to upload identifying documents or selfies to buy PTH tokens.

For obvious reasons - stricter KYC requirements will be enforced when Philanthor validates requests for philanthropic fund disbursement (e.g. requests for grants or scholarships) to minimize/prevent fraud.