Hello, what does it mean when a meme token at presale says they have been KYC?
When I think KYC, I think of all the personal information you have to give to trade on a centralized exchange.
They're claiming that they've passed KYC to probably a specific agency that has been doing checks on new projects. But the question starts to whom or which agency or country or government they've been KYCed? It's not just about the possible exchange that they've passed their information to be listed.
It's also possible that they're talking about license or authenticity upon providing that KYC to prove that they're a legitimate project. By the way, what's this meme token that has been saying they've been kyced already?