Post
Topic
Board Gambling
Re: Moonbet - Become the Owner of a Crypto Sportsbook & Casino
by
MoonbetEcosystem
on 28/07/2021, 16:55:06 UTC
There is a reason why we chose the ICO route. Since we are receiving a license from the Curacao Gaming Control Board, we want to make sure that we do everything by the book.

The ICO allows us to conduct our KYC on all buyers. This may be a '2017 style' approach, but we want to make sure that in any case of the control board questioning us, we can show that we took all the proper precautions against Anti-Money Laundering and Anti-Terrorist Financing to meet their requirements.

Our team is fully doxxed and are always available, so you can be sure that this project is not a scam.
I understand your reasoning, but there is a big problem that you neglected : KYC. I understand why you guys are enforcing mandatory KYC, but majority of the crypto investors hate providing their KYC information unless absolutely necessary.

Why should we risk revealing your identities just for the sake of an ICO which may or may not be successful? You might attract more investors if you can answer this particular question perfectly.

Completely understood, but as I stated we want to ensure that we are well within the compliance regulations for Anti-Money Laundering and Anti-Terrorism Funding.

The ICO has nearly hit the soft cap and the casino development, sportsbook development, licensing, etc. have all been paid for, so we are fine from an operational perspective. We don't want to risk the Curacao Gaming License by going on unregulated exchanges, as without that license our project can definitely not succeed.

Plus, we are about to sign with at least one large exchange. So, those who do not feel comfortable putting their ID into our ICO platform can purchase the tokens at a slightly higher price once we are listed.