Just one KYC registration will be needed for the entire ATLANT ecosystem

The ATLANT team has announced that KYC registrations for the ATLANT platform will begin next month (October 2018). Just one KYC registration will be needed for the entire ATLANT ecosystem.

ATLANT community members are encouraged to monitor announcements closely, to be sure that they don’t miss the opportunity to register, and to pass the KYC process.

IMPORTANT NOTE: Passing KYC registration will also be required to receive ongoing bounty program payments from ATLANT’s 2017 bounty program.

KYC (Know Your Customer) registration is required by law in most financial institutions, and many crypto users are already familiar with the process from registering on trading exchanges and other types of blockchain based platforms. ATLANT KYC registration entails providing proof of identity, proof of address, and source of funds information.

KYC Registration Required to Receive ATLANT Member Benefits

Any community members who intend to receive any of ATLANT’s various member benefits will need to complete the KYC registration process and also run a node prior to become eligible, as described in the ATLANT white paper.

ATLANT platform benefits can include:

Receiving listing fees for tokenized properties.

Receiving commissions for P2P rentals.

Receiving P2P rental arbitration fees,for work as an arbiter.

Additional details and requirements related to running an ATLANT node will be announced separately.

KYC Registration Required to Buy, Sell and Trade ATLANT Property Tokens

KYC registration will also be required to participate in buying, selling and trading of property tokens on the ATLANT platform.

Please note that most jurisdictions also have requirements for eligibility in order to buy, sell and trade security tokens that go beyond basic KYC registration. Property tokens for properties listed on the ATLANT platform are security tokens (securities), and will be subject to these additional requirements in all applicable jurisdictions.

Please note also that these additional requirements do not apply to the ATLANT (ATL) token, which is a utility token which acts as a membership certificate, as described in the ATLANT white paper.

ABOUT ATLANT

ATLANT is a revolutionary global real estate platform enabling tokenization of real estate ownership and P2P rentals. After its successful 2017 ICO, the ATLANT team is focused on finalizing platform development and relevant compliance. The rapidly growing ATLANT team is both distributed and global. For additional details please visit https://atlant.io