Identity uses its in-house developed technology to perform on-chain digital verification for both individuals and organisations that require KYC.
IDO Date: Wednesday September 15th
Staking Eligibility Cutoff: Wednesday September 15th, 5 AM UTC
Public Sale Token Price: $0.0020 USD
Allocation Round Open: Wednesday September 15th
- #BSCPAD FCFS Round: Wednesday September 15th 1 PM UTC
- #ETHPAD FCFS Round: Wednesday September 15th 1.10 PM UTC
Pancakeswap & Uniswap Listing: Wednesday September 15th, 3PM & 4 PM UTC
Maximum Token Supply: 1,000,000,000 IDDT
FCFS Public Sale:
- #BSCPad: 10,000,000 IDDT
- #ETHPad: 10,000,000 IDDT
Circulating Supply at Listing: 833,333,333 IDDT
Market Capitalization at Listing: $92,000 USD
Public Sale Vesting Schedule: 20% at TGE, rest vested over 4 months.
Identity ($IDTT) is an on-chain KYC digital provider. Our in-house developed technology allows for automatic verification, as well as decentralized storage, without the risk of the unauthorized dissemination of personal data. The issued token, IDTT is an encrypted key that is individually unique.
Problems Solved By Identity
Identity averages all the KYC processes into one digitally secured digital ID which unlike other competitors where individuals need to KYC for each project every time, Identity’s digital ID is more sustainable with renewal required every 6 months.
With Identity, users no longer need to go through verification on every exchange or crypto platform which often leads to multiple verifications, and failed attempts, or having to wait for hours and sometimes days to confirm verification status. Identity users can download their unique IDTT token to receive authorized verification, and thus be able to use the services immediately.
Individuals do not need to worry about their data protection when they upload their passport or personal information to the various platforms, where authorization is required, instead they only go through the IDDT process once. Having a digitally encrypted unique key prevents unpermitted data disclosure. Identity acts as the most secure system for verification and exchange of personal data between companies, platforms, exchanges, and individuals.
How Does Identity Differ From Its Competitor — Civic?
Civic is a KYC & AML platform that provides remote services for verification on the blockchain, NFT, and other business projects. According to the public information, Civic doesn’t use its own development and Onfido acts as the API KYC provider. In a nutshell, Civic relies on Onfido to provide the toolkit that contains libraries and applications for identity requesters to connect to their ecosystem.
With IDTT there is no ‘intermediary party’, everything is in-house developed.
IDTT is a technology that not only conducts remotely the KYC for DeFi, and blockchain but after passing the KYC, it becomes part of an element of the same blockchain and issues a token to the individual to manage it. Thereby, making it possible to increase the value of the token on the market. In this case, you get a greater calculation of the turnover of the token in the network.
IDTT also offers its leading own-developed technology as a white label solution to businesses that require internal compliance or wish to start their own KYC product.
- Fast KYC (within seconds)
- Risk deduction of data loss, preventing identity-theft
- Cost-effective with access to multiple services at x100 lower cost than competitors
- One time KYC payment
- IDDT token value appreciation post-KYC verification
IDTT uses the Binance smart contract tokens for turnover. Moreover, when individuals pass their KYC using Identity, they will be issued with a unique IDDT token. Holders of IDTT will also be able to enjoy discounts when settling payments using the IDTT token.
▪️ Medium: https://firstname.lastname@example.org
To learn more about how to whitelist for the IDO on the available launchpads, please, follow the steps outlined in the corresponding guides below.
BSCPAD: KYC GUIDE
ETHPAD: KYC GUIDE