Verification
Know Your Customer - Know Your Project Team!
Know Your Customer, or KYC is the process of identity verification to ascertain that the person speaking to us is really who she/he says they are, that is, the owners of a project.
The identities of the project owner is determined by submitting ID documentation (Passport, National ID) to an automated platform. This is similar to the KYC process needed when opening up a trading account on a major exchange like Binance, for example.
The KYC process aims to rid our platform of scams and rugpulls by acting as a deterrent for dubious devs. If any of the KYCed project’s team members scams investors:
- We will reveal their identities.
- We will make this information public for those wanting to file criminal charges.
To project owners: If you want investors to trust you, we highly recommend that you apply for KYC verification. This will bring legitimacy to your project and trust for your community and investors.
Last modified 1mo ago