Dear X8 project supporters and fans!
We are happy to announce that the X8 project has successfully implemented the KYC procedure in cooperation with the provider, which is capable of delivering services in accordance with Swiss FINMA guidelines on the matter.
This solution means that the X8 project further increases the standard, strengthening the Swiss base which has already been established. This solution meets strict requirements and ensures the best position for the project and the necessary level of business compliance for it to engage with institutions as well.
The procedure will take participants through a guided video verification of personal documents and will require each one to fill in and upload the required AML forms in the pdf format during the procedure. X8 project will raise funds during the pre-sale and crowdsale in line with Swiss KYC/AML requirements and will be one of the first TGEs to meet this level of transparency and compliance with all existing rules and regulations.
Because of these relatively high requirements, which also in turn makes the X8X Utility Token a better and more valuable token, we decided to give our contributors enough time to complete the KYC in full within a comfortable time period. Furthermore, based on legal advice we received in regard to recent Ethereum congestion, this will help the project to protect contributors and reduce the risk of not being able to contribute if potentially another or a similar Ethereum congestion event takes place during the TGE stages. As a result, we are presenting the extended timeline for the TGE.
X8X TGE Timeline:
- Whitelist registration is ongoing
- KYC instruction video and text will be published on Sunday, 17th Dec
- KYC for registered Whitelist members starts live on Monday, 18th Dec
- Limited Whitelist Pre-Sale starts on Friday, 5th Jan 2018 at 14:00 CET
- Limited Whitelist Pre-Sale ends on Saturday, 13th Jan 2018 at 12:00 CET
- 2-hour break
- Unlimited Whitelist Pre-Sale starts on Saturday, 13th Jan 2018 at 14:00 CET
- Unlimited Whitelist Pre-Sale ends on Monday, 15th Jan 2018 at 14:00 CET
- 2-hour break
- Crowdsale starts on Monday, 15th Jan 2018 at 16:00 CET
- Last Whitelist Registration on Friday, 12th Jan 2018
- Last KYC on Monday, 22nd Jan 2018
- Crowdsale ends on Wednesday, 24th Jan 2018 at 16:00 CET
This is the final timeline of the TGE of the X8 project. Details and instructions will be provided and published on the existing X8 project channels.
We invite you to join us in the TGE to obtain your X8X tokens!