How i'm participating in ICO's that require KYC in the United States

I honestly feel sorry for Americans. They're some of the most financially enslaved people in the world and most of them don't even realize it.

With cryptocurrency taking more of a mainstream stance, laws and regulations have become more strict. ICO's have become an attractive attraction because they allow people to become involved in a project right from the beginning. Imagine buying stock in Apple computers back in 1980? Today if you Hodled those stocks till today you would undoubtedly be a member of the 1%. We've seen this reform take effect over the past couple of months restricting western traders from participating in ICO projects and missing potentially huge opportunities.

Today a lot of ICO's require KYC or other identity confirming paperwork and denying American participants altogether.

So what changed?

Today ICO projects would have to register as securities with either the FTC or FCC. With the main focus of cryptocurrencies being decentralization this directly conflicts with their business model. Many ICO's don't want to deal with the complexities of becoming a licensed security just to hold a coin offering.

How I plan to continue investing in ICO's even though I live in the United States:

I use MyICOPool, they allow me to pool my money with other participants to get bigger bonuses. I end up getting more tokens because they end up receiving a bigger bonus because they work directly with the ICO. Since you aren't working directly with the ICO a KYC is no longer required. After the tokens are release MyICOPool releases the tokens to its member's bonuses included. If recent laws and regulations have made your life harder please do yourself a favor and check out MyICOPool.

Summary: If you live in the United States and would like to continue to be involved in ICO's Check out https://myicopool.com/register.html