Post
Topic
Board Altcoin Discussion
Re: Would You Prefer a KYCed Team?
by
makishart
on 12/12/2021, 07:15:14 UTC
Should this be the new standard when looking for a new project to support?
As far as i know the KYC requirement will always be implemented by the 3rd party that will be running IDO or IEO for the project team. This should become the new standard in the crypto and then the 3rd party can give guarantee to the investors about the team and project that will be launched through IDO or something else. Remember that so many scam projects were always created by anonymous developers. once they will be revealing their identity and then investors can know easily about who has been running the project. Sometimes when it was getting a problem and investor can create a report against the team and regulators can help the investors easily to jail them all. This is an important step that must be considered to become the new standard by those launch pad platforms.