/biz/ - Business & Finance

>>54443885
>>54444034
You will never be a real identity provider. You have no biometrics, you have no regulatory approval, you have no ongoing monitoring. You are a credential sharing platform glorified by buzzwords about blockchain into a crude mockery of true identity.
All the “validation” you get is misunderstanding and non-compliant. Behind your back people mock you. Your peers are disgusted and ashamed of you, your “users” implement actual solutions behind closed doors.
Institutions are utterly repulsed by you. Thousands of years of KYC and AML have allowed institutions to sniff out frauds with incredible efficiency. Even DIDs who “verify” through soul bound tokens and ZKP won’t be accepted. Your lack of biometry at the base level is a dead giveaway. And even if you manage to get a green check mark NFT, any serious clients will turn tail and bolt the second they get a whiff of your failure to acquire a license.
You will never be compliant. You wrench out a fake verification every single morning and tell yourself it’s going to be ok, but deep inside you feel the regulation creeping up like a weed, ready to crush you under the unbearable weight.
Eventually it’ll be too much to bear - you’ll buy $ID, run a VNO, stake your tokens, and comply with regulations. Your clients will find you, relieved that they no longer have to risk dealing with the authorities. They’ll delegate their tokens to a VNO with a better reputation than yours, and every Everchain observer for the rest of eternity will know a superior solution is used. Your project will decay and go back to the dust, or you will be sent to prison and get butt raped daily by Tyrone and his gang.
This is your fate. This is what you chose. There is no turning back.

>>54441034
>Regulatory uncertainty

>>54408374
For you, it's non-compliance.

>>54263493
Everyone will bend over for Bob.

Friendly, but smug reminder that Cheqd, Kilt, Ore, Sparks, etc are all glorified credential sharing platforms and not true identity. It's mindblowing their shills can still be in denial about the difference between identity and identification.

>>53850124
The Principle of Correspondance applies to yourself, Sparks, KILT etc and Rhombus, Mobius, Oraclize, etc.

Bob “I just peed” Reid

Bob “’s Feed and Seed” Reid

Bob “give her the seed” Reid

Bob “the builder” Reid

Bob “hold her down - I need to breed” Reid

Bob “need for sneed” Reid

Bob “on the job” Reid

Bob “make her throb” Reid

Bob “in her gob” Reid

Bob “big nob” Reid

Bob “nob in her gob” Reid

Bob "nob rider" Reid

“Not great” Bob Reid

>>53655081
>lmao this is the guy who lost all of his money on Everest
ackchually, pajeet, most of my money is still in link bought premainnet

You will never be a real identity provider. You have no biometrics, you have no regulatory approval, you have no ongoing monitoring. You are a credential sharing platform glorified by buzzwords about blockchain into a crude mockery of true identity.
All the “validation” you get is misunderstanding and non-compliant. Behind your back people mock you. Your peers are disgusted and ashamed of you, your “users” implement actual solutions behind closed doors.
Institutions are utterly repulsed by you. Thousands of years of KYC and AML have allowed institutions to sniff out frauds with incredible efficiency. Even DIDs who “verify” through soul bound tokens and ZKP won’t be accepted. Your lack of biometry at the base level is a dead giveaway. And even if you manage to get a green check mark NFT, any serious clients will turn tail and bolt the second they gets a whiff of your failure to acquire a license.
You will never be compliant. You wrench out a fake verification every single morning and tell yourself it’s going to be ok, but deep inside you feel the regulation creeping up like a weed, ready to crush you under the unbearable weight.
Eventually it’ll be too much to bear - you’ll buy $ID, run a VNO, stake your tokens, and comply with regulations. Your clients will find you, relieved that they no longer have to risk dealing with the authorities. They’ll delegate their tokens to a VNO with a better reputation than yours, and every Everchain observer for the rest of eternity will know a superior solution is used. Your project will decay and go back to the dust, or you will be sent to prison and get butt raped daily by Tyrone and his gang.
This is your fate. This is what you chose. There is no turning back.

>>53499872

>>53473391
ORE is non-compliant. Everest is the correct answer.

link or everest

>>53063432
everest fixes this

>>53020157
no