We've gotten prices from the law firm to incorporate and setup a legally tradeable Security Tokens and legally raise money through Security Tokens Offerings (STOs).
We'll run nodes of other coins on Privex servers and we'll trade our tokens against all the other ones!
Create a token here and we'll load that into the token converter too.
I want to create a central database of people looking to invest, and clear them for KYC centrally and let all the people making STOs get access, and let all the people offering STOs get their info to potential KYC cleared investors!
Yeah, none of this sounds like decentralization and it isn’t “voluntary” if they are seeking legality, which comes with regulatory compliance. If there are legal security tokens and outside (of crypto) investors, then there will be KYC and further centralization.
This is a hybrid approach. The backend is decentralized. Trades go through the Steem Blockchain for consensus and are picked up by the nodes for verification and processing.
The front end is a business providing services that enhances what can be done on the dex. KYC is to participate is fund raising activities through the website not for trading. It's optional and voluntary, but it's meant to facilitate STOs on the Steem platform.
Its gonna be decentralised.
Yeah, none of this sounds like decentralization and it isn’t “voluntary” if they are seeking legality, which comes with regulatory compliance. If there are legal security tokens and outside (of crypto) investors, then there will be KYC and further centralization.
I was referring to decentralising the nodes and transactions verification. As far as I understand, the KYC is voluntarily.
This is a hybrid approach. The backend is decentralized. Trades go through the Steem Blockchain for consensus and are picked up by the nodes for verification and processing.
The front end is a business providing services that enhances what can be done on the dex. KYC is to participate is fund raising activities through the website not for trading. It's optional and voluntary, but it's meant to facilitate STOs on the Steem platform.
You can't pass through the KYC exchange of $CIVIC like $BAT does for its wallets?
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