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Author Topic: Does KYC contribute to the success of an ICO?  (Read 1252 times)

Offline yitzjoe

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Re: Does KYC contribute to the success of an ICO?
« Reply #15 on: October 11, 2018, 05:55:38 AM »
KYC for me gives more value to the project because scamer will not register as much as he wants because they have to think about verification. KYC user projects will look more serious than most projects
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Re: Does KYC contribute to the success of an ICO?
« Reply #15 on: October 11, 2018, 05:55:38 AM »

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Offline Nikko

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Re: Does KYC contribute to the success of an ICO?
« Reply #16 on: October 11, 2018, 06:12:57 AM »
Yeah you're right ! KYC (Know Your Customers) is just for the security purpose to prevent investors from restricted countries to invest in their projects and also to identify their customers and to prevent also abusing their bounty campaign from participants.

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Re: Does KYC contribute to the success of an ICO?
« Reply #16 on: October 11, 2018, 06:12:57 AM »

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Offline wildanmr

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Re: Does KYC contribute to the success of an ICO?
« Reply #17 on: October 11, 2018, 07:25:25 AM »
KYC aim to prevent negative activity.
With kyc developer will know if any suspicious activity.

Before, I've weird idea. How if the developers kyc to investor?
So, the scam project will not huge like today hehe

Offline expander

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Re: Does KYC contribute to the success of an ICO?
« Reply #18 on: October 11, 2018, 09:12:50 AM »
I have no influence on KYC with the success of the ICO. KYC actually only contains the identities of users who are involved in the ICO and only become administration-laden in entering the ICO Project. Actually the success of the ICO project is from the team and the amount of investment that comes in. So it has nothing to do with KYC.

Offline Alpha

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Re: Does KYC contribute to the success of an ICO?
« Reply #19 on: October 12, 2018, 04:58:35 AM »
In fact, KYC doesn't have a business to add success to the project. Although it helps to Know Your Customers but it is not the main factor to achieve the hard cap budget. The real success might be through effective promotion and attracted potentials investors.

Offline sampoerna

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Re: Does KYC contribute to the success of an ICO?
« Reply #20 on: October 12, 2018, 09:37:01 AM »
Actually KYC has no contribution at all to the success of the ICO Project. The KYC is actually used by the Bounty manager only for the conditions for prospective members of the Bounty campaign so that there is their own identity and trust from the bounty manager to the members of the Bounty Campaign. so there is no connection to KYC with the success of the ICO Project.
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Offline Hope15

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Re: Does KYC contribute to the success of an ICO?
« Reply #21 on: October 12, 2018, 09:46:16 AM »
For me, i don't think if kyc can contribute to the success of an ico cuase kyc is just know your costumer not related to the success of a project it depends on how the team work on their project and get successful.
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Re: Does KYC contribute to the success of an ICO?
« Reply #21 on: October 12, 2018, 09:46:16 AM »


aiviaa485

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Re: Does KYC contribute to the success of an ICO?
« Reply #22 on: October 12, 2018, 10:38:24 AM »
The question is why did you make the question and you answered it?
It is certain that KYC is only a means to verify someone so that their identity is identified and that is certainly only 1% needed by the ICO project to be successful because 99% is Bitcoin or Ethereum that has been collected.

 

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