- Personal information is protected by encryption and biometric data
- Data is hosted on user’s device
- User is able to choose information provided to service
- Document verification with digital sign
- Reliable information on user
- Absence of fake or dublicated user profiles
- KYC (Know Your Customer) compliance
- Ecosystem for customer and service interaction
Rated on 28 Apr 2018
Rated on 4 Jan 2018
Great team, vision and product. Good luck guys!
Rated on 19 Feb 2018
definitely good potential..
Rated on 7 Feb 2018
Seems like a solid team with a good idea
Rated on 9 Jan 2018
Rated on 8 Jan 2018
Good idea with proper timing, however project has to challenge Civic.
Well elaborated token economy with clear investment attractiveness.
Professional and experienced team.
Rated on 4 Mar 2018
We need more of these, good concept!
Rated on 20 Feb 2018
Data protection and privacy is crucial. This project has some unique concepts if executed right can lead to a great success.
Rated on 2 Jan 2018
Great team. I like the ICO.
Rated on 26 Mar 2018
Overall a good idea, I would like it to be executed properly.
1. Team has a legal experience.
2. There are several strong advisors on a roaster.
3. This project has already secured the soft cap, and much more.
0. A lot of inconsistency in the project details. Following are just examples, there are many more in the White Paper and on the website. I would say, that ICO preparation is done in a negligent manner, and almost evere C-level here has a real job, therefore they are probably not that invested in the KYC.LEGAL project.
1. CTO doesn't work for this company, at least that is what his LInkedIn page states.
2. Eugene Zonov (CEO here) claims to be just a "CEO Assistant" at LinkedIn, which is more likely to be true.
3. Nick Evdokimov is probably not a full-time employee as well, since his main interest is at the IcoBox.io (according to his public profile, where KYC.LEGAL doesn't exist).
4. Economic assumptions in 4.3 are deceitful at best. There is no ground for them, rather than "let’s take our ICO example".
5. There is no real competition analysis in the White Paper.
6. It is too late to invest in this ICO in March, 2018. I would say, that based on a presented tokenomics model, it would be the best opportunity to buy out some devalued token closer to the summer.
Rated on 27 Feb 2018
Good idea and minimal competition at the moment. The current 'star' CIVIC has had a lot of problems that have affected ICOs doing KYC and as far I have have seen not delivered a good product so far. Something that works , is reliable and can cope with volume can do well, I would not be concerned about CIVIC
Rated on 31 Jan 2018
The team has previous startup experience and advisory board is strong.
Financials are reasonable and adequately presented.
Whitepaper explains the workflow and business model clearly.
Milestones are clearly defined and focus is on customer acquisition.
Civic has first mover advantage.
All the best to team.
Rated on 17 Apr 2018
Good project and will be useful if rolled-out in the industry. No KYC.
Rated on 21 Feb 2018
Good team, strong use case for the blockchain.
Rated on 11 Jan 2018
Rated on 25 Feb 2018
Great team and good idea!!!
Rated on 13 Jan 2018
Interesting perception for the general problem and its solving. Completion is there, already eating a cut from B2B side of the deal. Team background seems reliable.
Rated on 9 Mar 2018
ICO price is high given the current crypto bear market with total market cap under 500B. Not a good strategy here and token model is not great. Also there is tons of competition working on KYC/AML and identity verification. That have already built communities around their token. CIVIC, AML Token, SELFKEY, THEKEY are all competitors with greater progress. Nothing new here.
Rated on 25 Jan 2018
Know your customer (KYC) is what businesses do in order to verify the identity of their clients either before or during the time that they start doing business with them. Initially it was introduced in the late 1990s in the United States and the main purpose of KYC norms was to restrict money laundering and terrorist financing. Today the purpose of maintaining KYC policies is to prevent such crimes as financial fraud, identity theft, money laundering and terrorism financing. More and more KYC projects are showing up. KYC Legal project is a service that allows to verify users. It is based on blockchain technology as a tool for protecting and validating personal data of internet users. KYC Legal application is an electronic identifier similar to passport, which provides its owner with an access to different services and rights: medical prescriptions, certificates, college diplomas, etc. Such delegated authorities and organizations as medical institutions, insurance companies or a universities, can verify these documents using KYC Legal application. Today, banks, financial institutions, and cryptocurrency exchanges are required to abide by KYC requirements. Basically, it means these organizations need to collect and verify personal information from customers. It is designed to prevent fraud, and it is also frequently paired with Anti-Money Laundering (AML) verification requirements. This system aims to deliver benefits to users and to companies by developing a single, unified, convenient solution. Instead of individually completing KYC requirements from each service provider, you can depend on a single platform. KYC Legal consists of Android and iOS software. Users submit personal data through that platform. Then, that information is verified by an agent. Crypto exchanges, ICOs, banks, funds, and other parties can request information from users. The user verifies this request, then KYC data is sent to the platform. Typically, this verification process takes just 30 minutes or less. The mobile apps (beta version) for KYC Legal is already working. You can download the app. When you download and use the KYC Legal app, all personal data and biometric data is encrypted. As soon as personal data is verified, the app converts it to cryptographic hash, transfers it onto the public blockchain and deletes all private information from servers. You can only log into the app with a fingerprint sensor. All data is hosted on the user device and users can choose which services they share their data with in the future. Verification costs vary from $10 to $50, depending on the region. KYC tokens are ERC20 tokens built on the Ethereum blockchain. The token can be used in two ways - “passive” or “active” (or so called “stack”) mode. In passive mode, token holders simply transfer the tokens between wallets or crypto exchanges. Active or stack mode is for those token holders who wish to act as service providers. There is a clearly defined and understood business model. WP is readable and well laid out but not a comprehensive document. For such a complex and ambitious project it might be surprising to learn that it is only 25 pages long. There is also a shorter version - “OnePager” (two-pager actually). The website is neat and well presented. It is offered in different languages like Spanish, Italian, Russian, Chinese, French and a few others. The site presents a core team of 9 experienced people, plus 11 professional advisors. Though the ICO is in progress and KYC Legal project has already collected around $22m, its current presence across Social Media is not adequate. The number of participants in the Telegram chat -1,960 members, Twitter - 847 followers, Facebook - 1,064 followers, YouTube - 284 subscribers. At the same time Bitcointalk forum is quite active. Nowadays any blockchain project goes alive and successful only when it is supported by a sufficient number of people. All in all quite an interesting project and let us see what will come out of it.
Rated on 20 Dec 2017
Rated on 25 Jan 2018
Rated on 5 Jan 2018
Rated on 18 Apr 2018
the team looks great, too much competition on the same industry for the same product, not sure why token is needed in the whole product, nothing would happen if they remove the token.
Rated on 2 Jan 2018
Rated on 27 Mar 2018
3things for my assessment of vision
- I think expensive price
- more cohesive projects in the same market
- my own oracle tell me 2
good luck team, you are a good team
Rated on 26 Jan 2018
Blockchain industry needs more KYC Compliance startups like this. Decent hard cap and good team. Good luck!
Rated on 30 Jan 2018
White paper did not mention anything about the risk of identity theft and how to secure it on the agents' side, there is no guarantee that the certified agents might be might sell your ID info on the dark web for a much higher price than the reward.
Rated on 27 Jan 2018
Really strong team and good vision. However Civic has the advantage of first mover. Good luck!
Rated on 3 Feb 2018
I think they have a good team with a lot of ico, and startup experience.
The idea seems good, but there are some clarifications i would need. I would like to know more about how the authorization process is undertaken to be certified to be a kyc.legal agent. I think is would be important to get banks, and other companies to use this product.
I think Civic has first-mover advantage, but there is room in the space for multiple companies
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
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TeamApply as an advisor
Founder, Best of All Worlds and A Small World (Stockholm, New York)
William Davis III
Former Chief Cybersecurity Officer Daopay, Global Payments (New York)
- Start of KYC.LEGAL application development
- KYC.LEGAL application beta launch
- ICO start
- Compaign in Hong Kong & Madrid
- ICO closure
- Product launch
- Campaign in Bejing & Shanghai
- KYC.LEGAL to publish company's development plan, key goals and milestones
- Campaign in New York and Sao Paolo
- KYC token to be listed on exchanges
- Campaign in Moscow, Saint Petersburg and Singapore
- Campaign in Tokyo, Seoul and Chuntsin
- KYC.LEGAL acquiers 10,000,000 users and over 100 service providers in 2018 with first 1,000,000 users to be verified at no charge
- Campaign in Berlin, Paris, Rome, London and Istanbul
- Campaign in Delhi, Mumbai and Bangkok
- Over 20,000,000 users acquired