How Does a Third-Party KYC Process Add Credibility to an ICO Team?
Third-party Know Your Customer (KYC) verification involves an independent service provider confirming the real-world identity of the ICO team members. This process links the digital identity to a legal, verifiable person, making the team accountable.
It significantly deters malicious actors who prefer anonymity for exit scams. While not a guarantee of success, it demonstrates a commitment to transparency and legal compliance.