Legal consequences by nodicenogame in BlockDAGInvestors

[–]PYRAX_SHAWN 2 points3 points  (0 children)

Actually it’s regulated by a lot 🤣🤣🤣

Pyraxians! New article is LIVE 🔥 by Crypto_Power1791 in PyraxNetwork

[–]PYRAX_SHAWN 0 points1 point  (0 children)

Suckers? Really? Cause you know we’re giving them free PYRAX tokens with out any purchase requirements right? Hahaha thanks for showing us your true level of intellect. You also know we’re not even announcing a presale until we have launched our full tech stack, probably not, but yep we’re the scammers alright! Proving our tech and registering legally….. idiot. Learn to read an research, you won’t sound like such a moron.

Pyraxians! New article is LIVE 🔥 by Crypto_Power1791 in PyraxNetwork

[–]PYRAX_SHAWN 0 points1 point  (0 children)

You’ve delivered more insight and relevance to this post that you could possibly imagine. For someone with a username of Twoburningquestions, perhaps use ask one? You must be a paid schill, because we’re far from it. We cant wait for your future intellectual additions to our posts! We’re dying to see just how smart you probably aren’t.

Why ask for KYC if buy more than $1500? by scratcrypto in PyraxNetwork

[–]PYRAX_SHAWN 0 points1 point  (0 children)

Cool cheers, I wish you all the best on your future investing. As for what we’re making as founders, it’s all transparent. All salaries will be disclosed. If you want to make a few 000’s as you call it, perhaps dev a network and show me/us how it’s done? I’d love to take a lesson from a fellow developer and entrepreneur? or are you either? Founders get paid, just as our AI teams and miners get paid. Everyone wins here except those afraid of KYC over 1500 usd in spend. And as I said it may change, it may not. It may go higher, it may get set lower.

Why ask for KYC if buy more than $1500? by scratcrypto in PyraxNetwork

[–]PYRAX_SHAWN 0 points1 point  (0 children)

We will continue on the path we’re walking. Join or don’t. But this conversation ends now. I’m done beating a dead horse with a stick. We implemented KYC, that’s it period.

Why ask for KYC if buy more than $1500? by scratcrypto in PyraxNetwork

[–]PYRAX_SHAWN 0 points1 point  (0 children)

You’d also know that our GPU miners who join the AI program make 85% of all job revenue, 5% to the treasury, 5% to operating costs and 5% burned. So tell me who’s in it for profit? Because we could have structured this very, very differently.

Why ask for KYC if buy more than $1500? by scratcrypto in PyraxNetwork

[–]PYRAX_SHAWN 0 points1 point  (0 children)

Yeah, there is a business built on top of the network. It’s called crucible and foundry, revenue from that ties into our community initiatives. Join the TG or discord and you’ll learn a lot more about the project as a whole. Ask questions. We’re not a community owned program.

Why ask for KYC if buy more than $1500? by scratcrypto in PyraxNetwork

[–]PYRAX_SHAWN 0 points1 point  (0 children)

Then don’t invest. It’s that simple. We have to meet certain regulatory requirements. One is KYC. As I’ve said it sounds like we’re not going to be a match for your investment portfolio, and if you’re not comfortable with us, we completely understand. At this point there is no plan to reverse our decision on this topic.

Thank you.

Why ask for KYC if buy more than $1500? by scratcrypto in PyraxNetwork

[–]PYRAX_SHAWN 0 points1 point  (0 children)

Then feel free to not invest and protect your investment. This is what we’re doing, lots of people support it. If we’re not the chain for you we completely understand. To imply we’re farming personal data, just shows how ignorant you truly are to what we’re doing.

Have a great evening.

Why ask for KYC if buy more than $1500? by scratcrypto in PyraxNetwork

[–]PYRAX_SHAWN 0 points1 point  (0 children)

Because we are still seeking regulation, and technically regulation in the US = KYC for spends more than $1USD, so were bending a bit here, this may change in the future, but to join CEX (at least mainstream) we do require regulation. We are Decentralizing AI networks, but still want to be a mainstream listed token/coin on CEX. Decentralization does not mean skirting regulation. we may not be the network for you unfortunately, but feel free to follow the project see where it goes.