At Belaunch, safeguarding our investors from scams and rugpulls is our utmost priority. We have diligently developed a comprehensive suite of features and tools to empower you to make informed decisions when evaluating presale investments. As you navigate through our catalog of ongoing and past presales, you may have observed several projects proudly adorned with a KYC badge. In this concise exposition, we aim to demystify the significance and implications of KYC for all stakeholders.
At Belaunch, Know Your Customer (KYC) signifies the rigorous process of identity verification, ensuring that the individual interacting with us is indeed who they claim to be. The KYC protocol involves the submission of identity documents (such as passports or national IDs) to an automated platform, a process akin to the KYC requirements of major exchanges like Binance when opening a trading account.
What Does This Mean for You?
The KYC procedure serves as a formidable deterrent against unscrupulous developers, fortifying our platform against scams and rugpulls. In the unfortunate event of any KYC-verified project's team members engaging in fraudulent activities:
We will disclose their identities.
We will make this information public for individuals seeking to file legal charges.
To our valued investors, if you harbor genuine concerns about a project and possess compelling evidence of fraudulent activity, please expeditiously contact us, providing as much proof as possible. We will meticulously investigate your claims and communicate the results to you.
To project owners, should you aspire to earn the trust of potential investors, we strongly recommend engaging with our KYC Manager on Telegram and initiating the KYC verification process. This not only augments the legitimacy of your project but also enhances its credibility. KYC verification typically takes 24 to 48 hours, so prompt action is encouraged.
Belaunch's KYC service stands as a significant feature, reinforcing our reputation as the premier launchpad in the market. Moreover, it contributes to the purification of the crypto industry, reinforcing the notion that even in a decentralized landscape, accountability remains paramount.
Audit at BeLaunch
We outline all the prerequisites and guidelines for successful KYC in this post. If you do not agree with our terms, kindly refrain from making a payment. By proceeding with the KYC processing fee payment, you explicitly consent to a no-refund policy under any circumstances.
We emphasize the necessity of honesty throughout this process. Please use genuine documents, your legal name, and an accurate representation of your role in the project. Failure to adhere to these guidelines will lead to immediate KYC cancellation without a refund.
It is vital to understand that a project bearing the KYC badge does not imply our endorsement or recommendation, even if we host an Ask Me Anything (AMA) session with them. We strongly advise all investors to conduct their own research (DYOR) before making investment decisions, keeping in mind that Belaunch is a decentralized platform.