an interesting approach , but KYC verification is too much for my liking
it does reduce the scam overall , but if some shrewd scammer is able to get inside it will be way more damaging
since this is like a trusted circle of people and the offers from them are treated accordingly
is this like some sort of a decentralized localbitcoins or exchange you are building ? is there any revenue that you are getting from running the bot / groups?
We work very hard to make sure that scammers don't get inside, and if one did, It would still be way less damaging than the amount of people that were getting scammed before. I'm not getting any revenue, we just charge $25 to cover the fees associated with running KYC and the time I put in / bot development, but otherwise I just do this for free to better the community. Trust me the $1500 or so I have received in fees barely pays for the verification and dev costs. But the $25 also doubles as a barrier to entry that many low level scammers wont consider paying. There is no bitcoin traded, it is just hardware sales.