During this phase the KYC team will spend a significant amount of time researching into the client in question to fully understand what it is they have/are trying to build. During this phase many questions will arise which will then be asked during the personal interview down the line.
Once the project is cleared to proceed, they will be asked to provide all the necessary documentation according to the Tier chosen.
This phase consists of our tooling verifying the veracity and accuracy of all the documentation sent by the client such as IDs, passports, phone numbers, email addresses, postal addresses and more.
Upon the documentation being determined as genuine we will then move onto verifying that the documentation sent matches our client and there is no impersonation taken in place. This is done through a facial recognition tool powered by AI.
All personal wallets, multi-signs and multi-sign addresses will be checked to ensure their validity.
During this individual interview we will question each of the team members about the following topics: their motivations, objectives, studies, past jobs/experiences, investments, and more. The goal of this interview is to make sure that the client is capable of delivering their product or service.
Once all the requirements are met, an announcement will be sent in our Twitter, Discord and website will be updated with the project’s details allowing the investor to increase confidence in the protocol and behind it.