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PinkSale KYC

Overview​

  • Purpose: PinkSale's KYC and Doxx badges aim to increase investor safety by verifying the identity of project owners.
  • Target Audience: This process is exclusively for project owners listed on PinkSale.
  • Process: Involves submitting identity documents (ID/Passport) for verification. The Doxx badge requires an additional public video AMA.
  • Benefit for Owners: Adds legitimacy and builds investor trust.
  • Benefit for Investors: Acts as a deterrent against scams; verified identities may be revealed if a scam occurs.
  • Cost: KYC costs $700; the Doxx badge is free after completing KYC.
  • Contact: Reach out to the KYC Manager on Telegram: @babypinkpink.
  • Disclaimer: KYC/Doxx badges do not constitute an endorsement or recommendation by PinkSale. Always Do Your Own Research (DYOR).

KYC Explained​

Know Your Customer (KYC) on PinkSale is an identity verification process designed to confirm that project owners are who they claim to be.

How it Works: Project owners submit official identification documents (like a Passport or National ID) through an automated system. This is similar to the verification process required by major cryptocurrency exchanges.

Why it Matters: The primary goal of KYC is to reduce scams and rugpulls on the PinkSale platform. It acts as a deterrent because verified project owners know their identities can be linked to their projects.

Consequences of Scams: If a project team member whose identity has been verified through KYC is found to have scammed investors:

  • PinkSale will reveal their identity.
  • This information will be made public to assist those pursuing legal action or criminal charges.

For Investors: If you suspect a project is a scam and have evidence, please contact PinkSale immediately with your proof. We will investigate the claim.

For Project Owners: Getting KYC verified is highly recommended to build trust and legitimacy for your project.

Doxx Badge Explained​

The Doxx badge is an additional layer of verification available to project owners on PinkSale. It encourages transparency by having owners publicly associate their identity with their project, further enhancing investor security.

Requirements for the Doxx Badge:

  1. Successfully complete the standard PinkSale KYC process.
  2. Record a video AMA (Ask Me Anything) session and upload it to YouTube.
    • The video must remain public.
    • You must show your project's community link (e.g., Telegram/Discord) in the video.
    • The video must show people asking questions. (See Example: https://www.youtube.com/watch?v=KJhOj69ZkWA)
  3. Share the YouTube video link with PinkSale staff through your private support group.

PinkSale staff will review both your KYC verification video and the public YouTube AMA video. If everything matches and requirements are met, you'll receive the Doxx badge for your project listing. The Doxx badge itself is free.

How to Get KYC Verification​

  • Cost: $700 USD per KYC verification.
  • Processing Time: Typically takes 24 - 48 hours.
  • Contact: Message the PinkSale KYC Manager on Telegram: @babypinkpink on Telegram or directly via https://t.me/babypinkpink.
  • Supported Languages: KYC support is available in English and several other languages:
    • Italian
    • Spanish
    • Portuguese
    • German
    • Bulgarian
    • Dutch
    • Turkish
    • Hindi
    • Chinese
    • Russian
    • Arabic
    • Albanian
    • Vietnamese
    • Nigerian
    • French
    • Korean
    • Indonesian

List of KYC-verified addresses​

You can find below the list of wallet addresses that have successfully completed the KYC (Know Your Customer) verification process: https://docs.pinksale.finance/important/kyc-verification-list

Refund Policy​

Note: Please read this policy carefully before proceeding with payment.

All necessary instructions and requirements for a successful KYC are provided here. If you do not agree with these terms, please do not send payment.

By paying the KYC processing fee, you agree that you are not entitled to a refund under any circumstances.

It is crucial that you are honest throughout the process. You must use your real legal name, provide authentic documents, and accurately state your role within the project. Providing false information or documents will result in the immediate cancellation of your KYC application without a refund.

Important Disclaimer​

Note: A project receiving a KYC or Doxx badge does not mean PinkSale endorses or recommends investing in that project. This remains true even if PinkSale hosts an AMA with the project team.

PinkSale operates as a decentralized platform. Always conduct your own thorough research (DYOR) before making any investment decisions.

Q&A​

  • Q: Who needs to get KYC verified on PinkSale?

  • A: KYC is only for the owners or core team members of projects launching on PinkSale. It is not for investors.

  • Q: How much does KYC cost, and how long does it take?

  • A: The KYC process costs $700 and typically takes 24 to 48 hours to complete after submission and payment.

  • Q: Is the Doxx badge mandatory?

  • A: No, the Doxx badge is optional but recommended for increased transparency. It requires completing KYC first and then fulfilling the video AMA requirements.

  • Q: What happens if a KYC'd project scams people?

  • A: PinkSale reserves the right to reveal the verified identity information of the responsible team members publicly to aid victims in pursuing legal action.

  • Q: Can I get a refund if my KYC application is rejected?

  • A: No. As per the refund policy, the KYC processing fee is non-refundable under any circumstances, including rejection due to failure to meet requirements or providing false information.

  • Q: Does getting a KYC badge mean PinkSale guarantees the project is safe?

  • A: Absolutely not. The KYC badge only verifies the identity of the project owner. It is not an endorsement or guarantee against investment risk. Investors must always do their own research (DYOR).

Troubleshooting​

  • Q: I contacted the KYC manager on Telegram but haven't received a response in 48 hours. What should I do?

  • A: Telegram message delivery can sometimes be delayed, or messages might get missed. Try sending a polite follow-up message. Ensure you are contacting the correct official manager: @babypinkpink. If issues persist, see if there are other official PinkSale support channels you can inquire through, but be wary of scammers impersonating support.

  • Q: My KYC application was rejected, but I believe I submitted everything correctly.

  • A: Reach out to the KYC manager @babypinkpink politely and ask for clarification on the reason for rejection. Ensure all submitted documents were clear, valid, and matched the information provided. Remember the refund policy states fees are non-refundable.

  • Q: My YouTube video for the Doxx badge wasn't approved. Why might that be?

  • A: Common reasons include: the video is not public, the community link wasn't clearly shown, the video didn't show interaction/questions from the community, or the person in the video couldn't be clearly matched with the KYC verification identity. Contact PinkSale support via your private group for specific feedback.

  • Q: The Telegram link @babypinkpink on Telegram doesn't seem to work.

  • A: Double-check you are clicking the correct link. You can also try manually searching for the username @babypinkpink directly within the Telegram app. Ensure you are contacting the legitimate account. The direct link is also provided: https://t.me/babypinkpink.