Hi tyKiwanuka!

We're with you in seeing the current blockchain/crypto space as consisting in a series of trade-offs. Depending on what a particular user wants, KYC could be either a useful or completely inappropriate part of a crypto product offering. Coinbase, Kraken, Tether (to name just a few) have all used KYC processes at various times. And now we even see BitMEX (famed for zero KYC previously) introducing KYC, apparently at the behest of many larger volume users.

We're comfortable with how we are implementing KYC in Exbet, and we think we have hit on a really good solution such that most recreational and pro users will experience a very light-touch KYC process. Will be interesting to hear feedback once we launch. More on that very soon!