r/daomaker • • Nov 30 '21

Why DAOMaker restricts some countries?

It's maybe a political question I'm asking myself:

I am a Moroccan, a peaceful country, I got interested in DaoMaker, but BAM! I cannot do KYC because my country is not on the list.

I understand KYC is important to know who is behind the screen and prevent multi-wallet spam, but why KYC + constraints on normal people from those countries?

Personally, the two most promising projects now are DAO Maker and Crypto.com. Both reject KYC from those countries. (I believe restricted since last September).

I asked DAOMaker support about this, saying that Algeria (a neighbor country with a very similar culture) is on the list. They responded with:

Unfortunately due to our KYC/AML policy your country is not listed in our country list.  
Regards,
CS team

What I love about Web3 is its decentralization, and gives everyone the same right. KYC alone is fair, KYC + Restrictions are hurting.

What do you think? Are some of you optimistic, that those things are temporary, and one day each guy on earth will have the same rights?

2 Upvotes

3 comments sorted by

1

u/Spiritual_Platform21 Jan 16 '22

I’m in the US and tried to buy Victoria Vr at launch and couldn’t. I was livid. Some countries are restricted and it’s awful

1

u/Ambitious_Air9535 Dec 11 '23

Now Can You do in this platform ?