Iron Fish Offers Air-drop KYC for Users in Different Phases
On March 6, according to the official Twitter, the privacy network Iron Fish announced that the air-drop kyc has been opened and is currently limited to users …
On March 6, according to the official Twitter, the privacy network Iron Fish announced that the air-drop kyc has been opened and is currently limited to users who participate in Pull Requests. In addition, in the next few days, it will be opened to the point users in Phase 1, Phase 2 and Phase 3 in sequence.
The privacy network Iron Fish air-drop kyc has been opened, and then it will be opened to users in three stages in sequence
Interpretation of the news:
On March 6, Iron Fish, a privacy network, announced through their official social media account that they have opened air-drop KYC for their users. The announcement stated that the KYC is currently limited to users who participate in Pull Requests, while it will soon be opened to the point users in Phase 1, Phase 2, and Phase 3 in sequence.
Iron Fish is a unique privacy network that provides users with decentralized storage that protects their data and immediate privacy. Essentially, Iron Fish allows their users to store their private data without any central authority and ensures that their data stays confidential. Also, the network offers native privacy tokens that allow users to make transactions without revealing their real identity. Furthermore, Iron Fish leverages zero-knowledge proofs that use cryptographic principles to hide users’ transaction details, making it impossible for outsiders to track their economic activities.
Regarding the announcement, air-drop KYC refers to the process of KYC completion needed before receiving an air-drop. KYC, which stands for Know Your Customer, is a regulatory requirement that helps businesses to identify and verify their clients’ identities to prevent money laundering or fraud. Therefore, it is necessary to provide KYC information to become eligible for the air-drop.
As mentioned, initially, the air-drop KYC is available to users through Pull Requests. Though it is still not clear what Pull Requests entail but understanding the typical development phase, it could be interpreted as users presenting or requesting to examine a new code or bug in the network’s development phase.
Furthermore, Iron Fish disclosed that in the next few days, the KYC process would be opened to other users in different phases. It can be inferred that the Phases most likely refer to the development stages of some specific Iron Fish project, as previously mentioned. Each Phase could be related to the different tiers of users and their contribution to the network’s development process where each phase might have its level of contribution, and air-drops could be distributed accordingly.
To conclude, Iron Fish’s announcement about air-drop KYC availability is a positive development for its project and its existing users. By offering privacy tokens alongside their decentralized storage, the project is positioning itself as the privacy network of choice for those that want to keep their personal data as confidential and discreet. Keywords that can be associated with this announcement are Iron Fish, air-drop KYC, Pull Requests, Phase 1, Phase 2, and Phase 3.
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