Post
Topic
Board Announcements (Altcoins)
Re: ANN Launch Know Your Developer (KYD) - New days of secure investing are here!
by
vella85
on 19/08/2018, 23:09:00 UTC
I think the KYD project must be an indicator of investment.
The credibility of the projects and coins certified by the KYD project will increase,
but it is not conclusive. It does not guarantee the success of each project.
I think that it should also be written in your WP.
Anyway it must be a useful project for everyone and I will support the KYD project.

Yes that is true that it doesn't guarantee the success of each project that is verified which is why the KYD team indicate this on their project review page at the bottom. This is on their review page and I quote

Quote
The ID verification in no way guarantees your funds are safe. KYD has a verification process that includes a state issued ID and selfie. We only verify the main developer or project lead at this time. KYD will be expanding verification levels in the coming updates, but at this time this is solely a beta product and should be used as a reference only. This is not financial advice

Here is the link to the review page so people can check it out them self. https://review.kydcoin.io

But maybe they could add this in their whitepaper as well.