İs this project need KYC. İt look like good project ı want to join. And Sorry ı couldnt check all comments
Yes, KYC will be required.
Who is doing KYC,you hired someone to do it for you,or you are doing it internally?
KYC Policy consists of know your customer procedures where we require a proof of ID (i.e passport) and proof of residence (I.e utility bill) mainly to prove who you say you are. In addition, a screening is done to validate authenticity of the documents while running them through our database to screen for any unwanted associations such as money laundering activities which could be linked to drugs or terrorism financing. This usually occurs when US dollars or euros deposits and withdrawals are involved. As of now, we are finalizing cryptosouks kyc policies as regulation and access to information continue to evolve and as such logic needs to be applied to balance rules and reality.
Its definitivley a bad publicity if the general public finds out that your crypto is used to fund crimilan organization. So you have to have the kyc.
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BoardAnnouncements (Altcoins)
Re: [ANN][PRE-ICO] Timechain MetaWallet + Exchange Token Sale is about to go LIVE!
After reading a bit through your website I must say that I'm pretty excited about the project and I especially like the volatility issue being addressed when it comes to merchants and paying for goods.Gonna read through your WP further and come back to explore more.Agate will be a significant project.
I would say solving volatility issue is a biggest ambition of this project and if they succeeded it will be extraordinary.
You need to take a lot at iFiat Ecosystem
Ok so you'll have to compensate in usual currency, but how does that solve the volatility?
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BoardAnnouncements (Altcoins)
Re: 💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰
Who do you consider to be your main competitor?In the crypto world.
I don't know if they listed any in their whitepaper, but if there are similar projects they are just that, similar and every one brings something different to the table.
Well it's normal today that we have several simiral procject all the time, it's good for competition.
Yeah after a while things will crystallize and a few of projects will come out victorious.
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Topic
BoardAnnouncements (Altcoins)
Re: 💰💰💰 [ICO] [SOUK] CRYPTOSOUK - CRYPTO EXCHANGE FOR MIDDLE EAST 💰💰💰
Can everyone join the sale,or there are some restrictions?
I think that investors from United States and China cant join the sale.
has never understood what creates restrictions for investors from some countries. perhaps a person would like to help his cousins support the project, and she is forbidden to do so. perhaps you should not make such restrictions.
It is not the project that makes this restrictions, but the county's laws and regulations.So US citizens can thank 'Merica for that.
I think everybody understands that. Cant think of a reason some project would make this restrictions on their own.
No, it doesn't seem rational.
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BoardAnnouncements (Altcoins)
Re: [ANN][PRE-ICO] Timechain MetaWallet + Exchange Token Sale is about to go LIVE!
by
sexymadafaka
on 23/07/2018, 20:55:58 UTC
I would love to see timechain more on social media. In terms of marketing.
Can you tell us more about token distribution plan?I mean how much for sale,team,marketing advisors etc,and when you plan to distribute the tokens?
I do not know if this is accurately - 5% partnerships, 7.5% legal, 12.5% operations, 15% technology, 15% promotion/marketing, 15% reserves, 30% liquidity
What would be liquidity exactly?
Here is interesting article considering this issue