Why KYC?
Let’s address why KYC is necessary for our platform in the first place before introducing our amazing new partner Fractal!
The KDLaunch platform brings you exclusive access to exciting new projects launching on Kadena. Before they launch with us, we make sure their project is worth your investment.
The projects worth investing in are the ones that put in the hard work to build their product first and only raise capitol once it is warranted. These are the only projects we will launch.
Launching these projects without KYC jeopardises all their hard work, and ours, by attracting regulators that could shut down the project overnight. KYC is a safeguard for them, and you, and we are truly sorry if your country restricts your access.
Why Fractal?
If we must have it, then KYC needs to be as smooth as possible. A fast transparent process that won’t abuse your data, won’t have you pulling your hair out waiting to be verified, and won’t become unreachable if you encounter any problems.
Fractal ID blew us away and we are absolutely thrilled to announce we will be working with them!
So forgive me as I shamelessly shill their incredible protocol for the rest of the article, because Fractal does a lot more than offering a fantastic KYC solution.
About Fractal Protocol
Fractal Protocol is an open-source, zero-margin protocol that defines a basic standard to exchange user information in a fair and open way, ensuring a high-quality version of the free internet. In its first version, it is designed to replace the advertisement cookie and give users back control over their data.
It’s not just a clever pitch. They really believe in this and have the talent to implement their vision.
The internet contains many more peer-to-peer systems. We use it mostly to access user generated content and those users are not paid accordingly due to a series of gatekeepers that keep all the profits. When Fractal say open and fair, they are talking about respecting user privacy, rewarding content creators, and protecting advertisers from fraud by redesigning how attention is brokered.
I read an illuminating article by co-founder Julio Santos before starting to write what was meant to be a short announcement of the partnership between KDLaunch and Fractal. You can read it here. I highly recommend it!
Fractal and KDLaunch Partnership
KDlaunch will be using one of Fractal’s products, Fractal ID, to verify the identity of our platform users and protect our users and the projects we are launching. We hope this is just the first of many collaborations between KDLaunch and Fractal Protocol though because both I and our Devs are so impressed with them.
But there is so much more to Fractal than just FractalID and I urge you to check out their website. It’s worth it alone for the amazing interviews they host there with prominent crypto visionaries like Bruce Pon from Ocean Protocol and Dr. Else van der Berg from Datawallet.
Thank you so much for wanting to find out more about KDLaunch. This is just the beginning!
About KDLaunch
KDLaunch is the first decentralized IDO platform on Kadena. KDLaunch is enabling projects to distribute tokens and raise liquidity. Hold KDLaunch tokens to get priority-access to promising projects.
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