Many projects have already been created in this sphere.The question is which of them really work.

A lot of ICOs are facing a problem from their investors due to the KYC. Voluntarily complying with KYC regulations provides many advantages to the Offeror and its investors, even if they are not currently explicitly mandated to enact such a process.

1. Cryptocurrency exchanges are beginning to exclude cryptocurrencies that did not properly implement KYC processes. Thus, not running such checks poses a long-term risk to a project. The Financial Times reported that New York Stock Exchange-backed GDAX says it “plans to list only a fraction of the hundreds of new digital coins that have been invented this year”

2. Voluntary KYC compliance may help ICOs reach a larger global audience and expand the number of jurisdictions in which they can take place. Such compliance allows easier reach to investors in America, Britain, Canada and elsewhere.

There are other restrictions also imposed from SECs and banks which greatly limit the activity of the company in the future.

We know not everyone is happy about KYC and some people don’t agree with it ideologically, especially when it comes to cryptocurrencies, where transfers are anonymous, or at least pseudo-anonymous.

However, for the adoption to seamlessly occur, the company holding the ICO needs to have KYC, which otherwise will create issues for the company in the long run, which is bad for both the investors and the holder of the company.

KYC is not done by a company to know where their money comes from. To be honest, a company rolling out its ICO cares about the cash inflow and not about their identity. It is a means of due diligence so that they are not prosecuted by their country of operation.


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According to 2 MILLION users and their STATS, there are 90993 users with "last activity within this year from Jr.Member to Legendary + Copper members".

this is a good thing. i would actually go as far as saying some of these FUD topics must be stocked to the top of each board so that people can see them in the long term. people, specially newcomers need to become familiar with the concept of FUD and learn how bullshit it is so that they can start seeing behind the curtain.

for example you need to go back in time and check old topics, for example from last year as bitcoin price was rising. during the rise from $1000 to $3000ish there were a lot of FUD comparing bitcoin to its 2013 trend and they kept putting that chart on the current chart of that time and say it is the same and price will fall down to $200 again. = complete nonsense.