IdentityMind for Token Sales

Protect Your ICO

ICOs (Initial Coin Offerings) or token sales are a great way to fund and expand your business. But, your ICO needs to comply with money laundering regulations, including blocking certain geographies, while minimizing risk. You know you need to do something, but what? And, how do you do it without turning away customers, getting sued, or getting fined by various governments? ldentityMind can help.

IdentityMind provides a plug-in software solution that handles the necessary Anti-Money Laundering (AML) requirements, including KYC (Know Your Customer), required to launch your ICO around the world. It ensures that your ICO meets the existing legal requirements, demonstrating to regulators you’re doing the right thing. With our extensive digital currency, regulatory, and risk management knowledge, we can make this part of your ICO a whole lot easier.

You receive a preconfigured plug-in that will:

  • Know where your contributors are coming from. Preventing geographies or regions you cannot, or do not want to, work with
  • Perform risk based KYC, complying with regulations of various governments (US, Canada, China, etc…)

Benefits

It’s Easy to Do the Right Thing

IdentityMind has a pre-configured plug-in that takes into consideration all published guidance.

Do what’s necessary without impacting sign-ups.

Stay Out of Trouble

Regulators are following ICOs.  IdentityMind provides realtime KYC & risk analysis of your contributors via proprietary data and 20+ services including sanctions screening, name and address validation, phone verification, device analysis, IP analysis, and document validation + facial match.

Broaden Your Contributor Base

Our platform uses digital identities that help you ensure the same person is not making multiples purchases, understand the reputation of each of your contributors, and accept as many as possible while still complying with the law.

Simple Setup, Faster Process Time

We’ll get you up and running quickly. With Swagger documentation, a RESTful JSON APl, and a staging environment, integration can take less than 24 hours. And, our rules, case management, and alerts allow you to authorize contributors based on your specific thresholds, so you can quickly review users and escalate as required.

SAFT Compliance

A SAFT requires you to validate your contributors are accredited investors.  IdentityMind can help connect you to a review service that approves contributors in a timely manner.

Some of Our Clients

“IdentityMind had everything we needed to ensure our token sale was conducted lawfully and in accordance with worldwide rules and regulations.  We were up and running in less than 72 hours. We are fully compliant and appeal to a wider range of contributors.” 

– Roderik van der Veer
CTO and Co-founder

Read the Case Study

Features

  • Know where contributors are coming from
  • SAFT Compliance
  • Automated, risk-based KYC
  • Regulation already configured by country
  • Ability to validate contributors worldwide
  • 20+ data services, one API
  • Conduct enhanced due-diligence

  • Real time risk scoring using machine learning
  • Velocity analysis to prevent illegal behavior
  • Risk scoring on source of funds to prevent contributors that will bring regulator attention
  • Easily manual review suspicious transactions
  • Prebuilt reports for regulators
  • Queue management

Global Regulations

  ICOs are very new, and regulations worldwide are still developing.  Hover over orange countries to see what the regulatory environment for ICOs is like there.  Grey countries have not yet commented on ICO legislation.

Trusted Digital Identities

Identity is critical to reducing risk and ensuring compliance in today’s digital financial services. Trusted digital identities help you Identify who is on the other end of the transaction and help you decide whether you should do business with them.

"2017 will be the year of digital identities...there is no identity without trust and vice versa. Further identity and trust impact and influence payment methods and enable or disable currencies. I view digital identities as the corner stone of the future of financial services industry."

Pascal Bouvier

Physical Identities

  • Name
  • Address
  • Device
Basic identity information that is based on physical documents.

Information is limited, static, siloed and, in some cases, easy for a fraudster to acquire.

Digital Identities

  • Name
  • Address
  • Payments
  • DOB
  • SSN
  • Email
  • IP Geo-location
  • Device
  • Ship to Address
  • Payment Behavior
  • Black/White Lists
  • Sanction Lists
  • Document Verification
  • Social Media
  • Carrier/Mobile Data
  • Bill to Address
  • Account Validation
More detailed information that includes digital information such as email, IP address, mobile phone. It may also include verification of provided such as account information.

Information is interconnected and reflects a wide variety of information on top of physical documents.

Trusted Digital Identities

  • Name
  • Address
  • Payments
  • DOB
  • SSN
  • Email
  • IP Geo-location
  • Device
  • Ship to Address
  • Payment Behavior
  • Black/White Lists
  • Sanction Lists
  • Document Verification
  • Social Media
  • Carrier/Mobile Data
  • Bill to Address
  • Account Validation
  • Graph Intelligence
Trusted digital identities are digital identities that are analyzed to verify identity, to identify the most recent information and known associates, and to ultimately risk score the identity. The result is an evaluation based on the most recent picture of the entity in question.


Use this slider to see the advantages granted by our patented Trust Digital Identities.

Further Reading

Slide Deck: 19 Regulatory Insights for ICOs Worldwide

We’ve distilled the 19 key insights our panel shared at a webinar in late 2017. For each jurisdiction, we share with you:
The existing legal framework
Key areas of note for ICOs
Regulatory analysis, through a rigorous Q&A

Get the Slides

The Deal Coin Partners with IdentityMind

The Deal Coin Partners with IdentityMind

As the need for regulation becomes more and more apparent in the world of ICO’s, The Deal Coin is dedicated to establishing partnerships that will not only offer solutions at the early stage of our growth, but compliment our proposition, our vision and our values....

read more
ICO Regulation in Canada – Winter Has Come

ICO Regulation in Canada – Winter Has Come

Most ICOs are Securities Requiring AML and Compliance Last week, the Canadian Securities Administrators (CSA) released notice 46-307 to initial coin offerings (ICOs) that impacts: ICO’s everywhere in the world with Canadian buyers Exchanges that trade ICO coins to...

read more

ICO Infographic

Where are our client’s ICOs registered? Where are their contributors. What do our match rates look like versus the norm? Get some interesting ICO stats from IdentityMind’s ICO clients.

Read the Infographic

To find out more about our solutions, simply fill in the form or call us at 650.618.9977.