That’s reassuring to hear
Thankyou for responding 
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For anyone thinking about burning their MAID for EMAID, this was a relatively painless experience. They KYC portion was a bit of a faff but otherwise very smooth. Well done to all involved for setting this up!
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For me the old uniswap that starts with info.uniswap.org doesn’t really load anymore as in:
https://info.uniswap.org/#/pools/0x35593881b7723b39a5bdbcb421e55c1ff1953f4b
They seem to have brought both analytics of Uniswap V2 and V3 together on https://app.uniswap.org as in:
https://app.uniswap.org/explore/pools/ethereum/0x35593881b7723b39A5bDbcb421e55C1Ff1953F4B
Still same kind of data available, just slightly different look.
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Ah, i guess thats what my issue was here.
Thought it was just me after getting no conment yesterday
We crossed the 29 Million eMAID minted milestone! 
March was our most euphoric month so far with only 2 days of no activity on the eMAID smart contract. 
Transactions last 6 months
Top 15 holders
Token contract activity
Uniswap Liquidity (source: oku)
Buy side: 61K USDC till 0.1 USD | Sell side: 272K USDC till 1.1 USD
Bitmart eMAID/USDT Liquidity
Buy side: 33K USDT till 0.0 USD | Sell side: 116K USDT till 1.1 USD
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Hi. I have a question for you. Why is it necessary for American’s and Canadian’s be required to qualify as accredited investor status in order to participate for something as simple as a proxy token swap?
If nobody is investing with your company, and you are just facilitating a swap one to one on behalf of Maidsafe, where access to the original token did not require to be accredited to begin with, and to where access to either proxy tokens both maid and emaid on the regulated market exchanges currently today do not require you to be accredited, I really am not sure why that is required by you.
To be frank, for the same reasons it’s just a one to one proxy token swap on Maidsafe’s behalf i’m not even sure why KYC is even required either.
Would appreciate some insight on the matter.
I think because of the jungle of incomprehensible US regulations, and the eagerness of the SEC to kick down any crypto door they can.
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The regs are so slack, so many companies get clawed into things that are surprising. Safety of operations means KYC keeps folk safer. Like it or not, the SEC have forced this everywhere
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In general just following the rules.
If KYC is needed for proxy token swap that is an interesting question as you are not acquiring a new asset.
KYC sure but accredited investor status? Heck of a reach for that one there since its just a proxy token swap, and as previously stated I’m not seeing other exchanges require that in the crypto space.
Precisely. KYC seems like a stretch for a straight swap already, but to be required for accredited investor status on top seems way far out of necessary realm.
Answer to the questions needs legal guidance.
A spot of realism is needed here.
alt.co need to play by the rules of the mythical “rules-based order” of the West which some are very happy to champion until suddenly “the rules” don’t work in their favour.
alt.co will have many irons in the fire and MAID/eMAID is likely not the most important by a very long way (at this time). They will get hassle for breaking/misinterpreting the rules -even in a minor way and the sanctions would apply to ALL of their business, not just the MAID/eMAID aspects.
Its not often you will hear me defending the interests of any bankers - let alone Swiss ones - but on this occasion we should be very grateful for the enlightened altruism they have displayed and their losses occurred when they provided the MAID/eMAID facility. If we have to jump through some hoops to satisfy the insane demands of the US SEC then thats just the way it is.
Until you join me at the barricades to work to dismantle the entire corrupt Western banking system and US hegemony, that is 
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Certainly. And what I’m seeing here is that there is a very high probability they asking for something far outside any regulatory requirement when it comes to requiring “accredited investor status” just to participate in a proxy token swap.
The KYC part is one thing, and even that is questionable as previously mentioned because nobody is acquiring a new asset or selling/buying/liquidating. But accredited investor status is an entire different scope to require.
Some hoops is one thing. Like KYC. Again thats already questionable enough. But the accredited investor part however, that is far more than just some hoop. That is an absurd requirement that not many in their life will never even reach, and has a completely different scope of reasons for requiring then what we are dealing with here. It seems many are getting the shaft with a barrier to entry here that is not relevant or necessary by the looks of it. And this is not good for anyone of course.
I would encourage alt.co owners to look into this further,. Not only for the benefit of token holders, but with the bigger picture being the more participants in any way at this stage the better it is to lead up to a highly successful launch.
And it would be great to hear the facts from the horses mouth at the very least.
Alt are a 3rd party handling users funds and moving wealth.
Of course they will need kyc to be law compliant in this age.
They are taking precautions they deem necessary to protect themselves and others
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That is very normal, even in the UK you have to self declare that or high net worth individual.
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Not necessarily necessary in this case, again because we are not acquiring a new asset or selling/buying/liquidating. But nonetheless KYC aside the “accredited investor status” part is a different beast altogether, which certainly looks to be an absorb requirement way outside anything of legal requirement here, causing a barrier to entry for many, which is a negative impact both to token holders and the project as a whole, which I see worthy of correcting.
In the event of purchasing shares in a registered corporation and things alike yes. Not to hold a token asset, nor swap it in a case like this where its not a new asset or investment.
As another example I’ve never had to qualify as accredited investor to participate in regulated exchange crypto markets, just KYC.
Lets see what SPB has to say.
Did you dm them somewhere?
Yes i’de like to hear from the horses mouth for sure. I didn’t DM no, but earlier in this thread I posted the question directly as a reply to swissprivatebanker. I was hoping for a public response for all to benefit from.
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