Validate traders identities and make this a search filter
All traders have some random picture as their profile photo. Accountability starts with knowing who someone is.
I would like to see a twitter style verification tick to know that they have independently verified their address and identity to the platform and let me filter by such managers.
Also these verified traders should have to provide a picture of themselves and no random memes.
Answer
Hello!
Thank you for your suggestion.
In future, there will be a moderation system that will allow us to monitor and prevent the use of obscene or questionable vocabulary or illustrations. The KYC procedure will also be implemented; however, we cannot disclose our clients' personal information as it will contradict our Privacy policy.
The managers are given a very flexible choice of profile settings and program description, and we won't limit it. We believe that trading levels and managers' performance will speak for themselves.
I agree if some manager has fuckme as name but makes 100% profit. I will invest in them. The numbers will speak on there behalf. Team needs to be 100% sure that there is no bug in the number thats it
While I agree some people may just look at charts and choose the best. Others may only want to invest in traders willing to put their neck on the line by proving their identity as well.
I would rather invest in someone making 5% monthly and has proven to me that they are accountable and responsible than someone who has made 10% in a month but know that their only risk is their own limited capital. Just knowing someone can take a personal reputation hit as well if they purposely do something wrong is appealing when making an investor choice.
All I am suggesting is it's an option managers can choose to do. If they want to remain anonymous that's fine but its another investor filter when choosing a programme. No one on twitter has to verify and get a tick.
It's also harder to sell to outside of the crypto space in order to get more fiat in from traditional investments. You invest in anonymous people to trade your money for you vs you invest in verified traders to invest your money for you like in the traditional space but this time they can't lie to you about their performance. To me the second sounds like an easier jump to make.
In no other circumstance have i ever been comfortable handing over my savings to someone i dont know who they are. I'm sure there are many people who feel the same. All I would like to see is that when someone wants to say they are John Smith I know it's not made up. Mr fuckme can have his account just not my money as I can't take him seriously. Others may not have this barrier but options are good.
Also without this whats stopping someone doing bad trades and ruining their reputation. But it's OK as they create another free email and start again fresh. Yes at level 1 but some investors is better than none on a burned account. There is no way without verification at some level of preventing duplicate accounts at which point the entire benefit of the blockchain is lost as the full accountability is gone.
Another option is having a tick for extended verification such as their address is known to the team only. The info is not displayed publicly but it can be obtained if necessary by authorities in the event of any serious dispute (like someone figures out a bug or workaround to withdraw themselves and runs off with the cash).
Customer support service by UserEcho
Hello!
Thank you for your suggestion.
In future, there will be a moderation system that will allow us to monitor and prevent the use of obscene or questionable vocabulary or illustrations. The KYC procedure will also be implemented; however, we cannot disclose our clients' personal information as it will contradict our Privacy policy.
The managers are given a very flexible choice of profile settings and program description, and we won't limit it. We believe that trading levels and managers' performance will speak for themselves.