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The concept of the project is grounded on developing an innovative system in the sphere of crypto rating, that will help investors & the public recognize how efficient each task is really. A task is able to have a good track record and be very highly recommended, but the rating will nonetheless be poor if there’s no info about it. Investors will want to realize that the individual who’s offering them shares isn’t simply some random person who created a website and says I have shares!
Will be the exchange’s listing procedure open to the general public? Can we do KYC ourselves (via API), and will be the exchanges doing this for us and working with the identity of ours as part of their verification process? Just how can exchanges conclude if a task does not have any “real use” and have to be banned? Can it be by looking at whitepapers, or simply just through a fairly easy checkbox on a website in which you have to describe the job of yours or provide screenshots?
Are exchanges legally expected to follow KYC checks, and are they only implementing best practices (in most cases)? Do exchanges have the ability to censor projects or ban some keywords and phrases from appearing? In that case, why would an exchange decide to do such a thing, and the way could an investor find check out this information? Do you know if there’s a means to list on several exchanges? For example, I’m working on some tasks today where both Huobi and Binance have been interested in listing me, but there’s a good deal of competition among them.
A number of questions that are not really specifically linked to KYC, only stuff I have encountered over time: How can exchanges ban people? Exactly why would an exchange do such a thing? Exactly how can an exchange ban accounts, both in terminology of specific IP addresses and business email addresses? Why would they actually do such a thing, and what effect will it really have on the project? If exchanges ban specific terms, does that mean the blockchain technology behind projects utilizing these words is illegal?
Exactly why is it difficult for an exchange to be mentioned on Google (eg, Coinbase’s situation) or how can they improve their position on Google? What do exchanges do about spam as well as other negative content and articles which appears in users’ portfolios? If you would like a professional rating, you are able to create a project that is a bit more unbiased. But even then, there’s now a large amount of subjectivity involved, and there’s zero opportunity to make sure the rating is not influenced by thoughts that are personal .
How can ICO rating agencies switch to a greener way of life? The most common way that ICO rating agencies do this’s by looking at the market capitalization of the ICO. Market capitalization is how much cash the ICO has raised. The market capitalization of an ICO is driven by the price tag of the ICO multiplied by the total length of tokens that have been offered. An ICO rating bureau is going to look at the market capitalization of the ICO.