Quote from: BartS on April 26, 2018, 04:57:11 PM

Quote from: ivankoh on April 22, 2018, 10:31:12 PM

I support KYC registration for ICO projects because it verifies the identity of the investor to reduce fraud in ICO projects. KYC also helps limit the speculation of investors using multiple accounts to buy large amounts of tokens and can dominate the crypto.

I disagree completely with this, why new projects need to know who you are? What is going to change for them if they know your name and where you live? Nothing, nothing is going to change the ico is going to be as successful as it could be, and I am also against limitations to the amount of tokens that you can buy, while I am not a whale and I do not invest in icos I do not see the point of that limitation, if someone wants to invest let him invest, it's his money he should be free to buy as many tokens as he wants besides by doing that icos limit the money that they could get out of investors.

There is nothing going to change if they have your KYC info , except that it is very valuable to them. I think most people don't even understand what can happen with your info when it is in the wrong hands. And that all to get some shitty token for free.

ohlawdy

Posts

Merits