Post
Topic
Board Altcoin Discussion
Re: Would You Prefer a KYCed Team?
by
zasad@
on 12/12/2021, 12:25:09 UTC


Recently, I am seeing some good altcoin projects that boast of having the project and the whole team passing some form of KYC. I am not, though, familiar how the whole team KYC is done but I guess this is in conjunction with a known third-party verifier. Of course, there is no guarantee that a project and team that got its own verifiable KYC will not never run away or fail as there are many variables to be considered but then again this can be helping in boosting confidence on the part of the investor. Should this be the new standard when looking for a new project to support?
Most serious projects do not hide the identity of the developers. You can find their data on social networks and videos on YouTube.
I start exploring the project from his twitter and those people who follow this project. Serious investors and well-known developers will not follow scam projects.
And then you need to study the initial investors of this project