KYD — Know Your Developer a masternode project with primary aim of building trust between project owner and investors are working hard to change the way we know various masternode projects, this could increase the use of crypto as well as increase masrket cap. So, by reading todays article, you'll know why KYD is an essential service for both investors and developers.
Everybody who is investing in blockchain projects or has interest in cryptocurrencies has similar feelings: you see a new coin, you see its price at different exchanges, you see its marketcap, ROI and you just got astonished. Why the hell this coin worth so much? Anyway, I must take the advantage of high ROI, so you baught masternode. One week later, you see the masternode is worth a couple of hundred satoshi, you fired yourself, lost over couple thousands of money and learned a lessone that you ere in black trap. Someone scammed you with a ROI bait. What next? Left the hope in crypto?
The answer is a big NO!
Once you introduce with KYD platform, you'll never be scammed like before. It's a project that makes your trust worthy. So, words flying upon head, no worries, let's dive into the KYD, learn how it works, and how can it protect your investment.
KYD project
KYD verifies developers on behalf of the investors community either publicly or privately depending on the developers demand. Either way, it secures increases investors trust by having original identity of the project owner and saying "verified".
KYD masternode
Beside verifying other project's developers, KYD itself is a masternode project that brings passive income to investors. However, it is not like other high ROI bair to attract investors, instead it is a reliable option for long-term investmnet. The masternode collateral is 10000 KYD, currently, it has around 150 nodes online with over 350% annual ROI. Already listed in a biggest exchange "Crypto-Bridge" and more will add soon. Also, listed on most major MN listing service like masternode.online, MNCN.online etc. Additionally, sharing masternode service is available on Stakecube and a few other platforms.
Building Trust with KYD
"Trust" the first thing you'll need to get your crypto project to the next level which is quite difficult to manage with weak investors. In-fact in my first year of crypto investment, I was too much worried becasue I already scammed a few times. Someone escaped with my BTC within days of investment, so I could trust anyone else later. This is not a thing that happend only with me, but most of crypto investors are a victim. But after KYD coming in the market, I can belive the team has "KYD verified sign" because I jnow KYD verifies those developers with very rush rules that cannot be denied or skipped. When a developer get verified with KYD, it helps me trust his project with 100x better faith. Becaue, I know KYD knows the developer, they have his identity, photos and other documents that may need to find him, in-case he try to walk away.
So, KYD is establishing the first step of trust between me (investor) and the project developer.
While KYD cannot guarantee of the success of any project but it is a good idea to see before investing because I think it is a much safer way to know developers when they don’t want to give info publicly. This way KYD is building trust between community and developers.
How to verify with KYD?
The KYD verification process is very simple. Developers just need to apply through their pre-fix quiestionaries form. Provide answers for all the question you see there. Also, provide photos and selfies as recommended. Read the instruction carefully before taking photos, becasue unclear pictures can get rejected your application.
Use this link to apply for KYD verification.
An example of KYD verified project:
KYD verification pricing
Top coins on coinmarketcap.com are free to get listed on KYD upon verification, and some big coin project may get a free chance under certain conditions. The usually paid listing fees as below:
Paid Listings
5,000 KYD — ICO
3,500 KYD — Launched 1 (One) month Under Private (exchange required)
2,000 KYD — Launched 1 (One) month Under Public (exchange required)
2,500 KYD — Regular Private Listing
1,000 KYD — Regular Public Listing
IF anyone wants to do all the process urgently, then they should consider below pricing:
Fast-Track listings
2,500 KYD — Fast Track: Not Guaranteed to be the only coin listed that day
3,500 KYD — Fast Track: Dedicated Day, Twitter Post
Also, there are public and private verification options where developers can choose the option. While I’m writing this post, till this date KYD has verified 35 projects but has no information how much has been rejected.
Summary and Opinion
KYD stands and working for a increadble future of cryptocurrency, specially for masternode projects. Lately, most masternode project's were dead due to lack of trust or lack of leading them in a way that people can walk together. But, KYD takes the the position to lead other projects, and bring back the lights of hope to investors for the lucrative passive income opportunity in crypto. At this point, all developers should verify themselves in order to bring or build a stronger trust, and an investors should look for the KYD sign before investing in any project.
What do you think about the KYD project? Is it helpful to you for investing in crypto? Let me know in the comment below.
Official links for KYD
Website: https://kydcoin.io
Explorer: http://explorer.kydcoin.io
ANN: https://bitcointalk.org/index.php?topic=4577571.0
Whitepaper: https://whitepaper.kydcoin.io
Verified list: https://review.kydcoin.io