Intro.
Every ICO and crypto exchange needs to do its own KYC in order to verify users and prevent fraud. But this process is very expensive to build it from scratch and Traceto.io is aimed to help with this problem. They provide a decentralised Know Your Customer (KYC) network solution to cryptocurrency and decentralized platforms. Traceto.io is powered by RegTech company that has such clients as: ICON, Kyber.Network, Bluzelle.
About
The Traceto ICO (T2T Token) offers a working off-chain product with existing partnerships — and a team with direct and relevant experience. These fundamentals give the project excellent traction, and the growing crypto sphere means their KYC solution may find a lot of open arms. But three threats balance out the opportunity — a limited marketplace, stiff competition, and the prospect of a downward slide in crypto interest in an unfavorable regulatory environment.
Team.
Traceto.io team consists of RegTech professionals. They are well-educated, graduating from Singapore’s top universities including Nanyang Tech and NUS.
Traceto team & Advisors
Chionh Chye Kit — CEO and founder is an all-star person, that worked at PWC and advised Kyber.Network. He was Co-Founder and Managing Director of Cynopsis.co — one of RegTech100 companies. He has 20 years of financial and capital markets experience in Asia gained largely from working in Macquarie Group and ING Bank.
Dias Lonappan — CTO and co-founder has strong IT background with more than 4 years experience in blockchain.
Dan Poh — CMO and co-founder worked for 3 years at Deutsche Bank. Also, has an experience at Barclays Capital and JPMorgan. Definetely, all-star.
There are a number of advisors working with the Traceto ICO. Among them is Dr. Loi Luu, CEO of Kyber Network. As exchanges are one of Traceto’s major targets for their product, the involvement of Dr. Luu is certainly promising.
Tokens.
Tokens are used as payment for KYC services in the system. After being used, tokens are burned, reducing supply.
There is no so much information about token economics, but pre-sale bonuses won’t be high — just 5%. It means, that price won’t be dumped as it goes to exchanges.
What’s the best?
Expert team in RegTech, financial compliance and blockchain technology
Exceptional network of clients throughout crypto space
Highly needed infrastructure project that could facilitate market maturation
Project & Token Sale Info
Website: https://traceto.io/
Whitepaper: https://traceto.io/static/wp/traceto_Whitepaper_v1_33_26042018.pdf
Good luck to Project and Investors
@danielbtc
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