You know how hard it is to get a phone call, video call, or meeting (even if I'm willing to fly someone out) to the majority of the people who run: Cryptocurrency, Blockchain, News, Communities or whatever they want to brand themselves as? Especially if you haven't given into their harassing sales teams who want 1 BTC just to give you "premium status".
What if I want all of these guys to send KYC to my 3rd party "affiliate", in a different country, to verify that the face matches the passport, and potentially if they are wanted or have financial history of negligence? Just to put their advertisement up on my site?! Most of these services are probably software based on poor algorithms that apply an age-old pyramid detection system. If Capone was here today, in the technologically advanced world in which we live, I don't think he would be submitting KYC documents. He would probably have tons of Bitcoin spread around a multitude of fronts. It would be "Mr Paul Jones" who would be transacting, and he's never even had a parking ticket.
I understand they have to do something to verify who we are, but I'm not applying for a loan here man, I'm not buying anything from them that can't be purchased in the FIAT world without the need for KYC. I pay google ads, they take my money, it goes into the adsense system. Passport? You don't need our credit histories, I'm offering them money to write news articles, publish press releases.
KYC is great when dealing with serious organisations, however...
Everyone and their goat wants me to upload my passport to prove who I am - to 3rd parties who can lose this shit and not admit it until a 2 years later once they have become insolvent, bankrupt, and whoever decided to buy the remains for £1 find a trail. By this point, everyone's goat is now wearing a wig and pretending to be me. Great.
I didn't want to jump onto LinkedIn for this reason, but of course it is recommended, it adds to transparency and validity and makes you less "scammy". Fine. I don't care what they say about everything being "all jiggy now, yo". Where was the compensation to all of those involved in the data breach? Or did I miss that story in the Guardian?
How about everyone who is serious put a phone number on their websites?
I've got real people who are here working really hard, soldering resistors onto boards writing software, working on Smart Contracts. How about they have a chat about how we can all work together to make something serious happen. They don't want people's passports!
In regards to " tho it still feels like just another "insert random industry ICO" ":
Think of it like this as the most basic example: when the car passes lap markers it automates the process of sending a fraction of a token. We use the public ledger records to determine race results, which are then relayed into standings in our 247 league. All transactions have Timestamps that we can't modify. No SQL database that can be modified on the "d low" by an insider, as an example.
This is the foundation of a Cheat-free results system in an industry full of corruption and manipulation. They test athletes for drugs, that's great; how often do the radars get calibrated? By whom? Do they have their passports to prove they aren't Capone's (sorry I mean Paul) affiliates?
CjMapope: I can see your activity and merit levels and I appreciate the feedback. I know it was short, but I'm always looking for valuable, RESPECTED advisors, like you! Please get in touch. If you think we could improve in any way, then I'm honestly all ears. Message me on here, or call the office, +44 (0)207 097 7277. 9am - 6pm GMT, Mon - Fri. We are based in the UK, so I am happy to call you if the international charges your end are high.