Proposal - Change Community DAO Governance Structure – KYC/Age Requirements

Thank you for allowing the community to provide input on KYC and Age and I hope you are also going to look into the other points I highlighted.

I personally don’t believe that KYC / Age verification is relevant to a DAO and goes against what it is supposed to represent. It will also discourage many people from considering being part of the DAO.

I work quite a lot with data protection and GDPR and I face these challenges daily in my work.

I have a few questions and because the DAO is not actually a registered business, it is no doubt not bound by any laws but the following I would expect as a bare minimum to even consider having some sort of KYC

  1. Why do we need KYC / Age verification? What is the purpose of the dao obtaining this information? What will it be used for?.

  2. Specifically, what information are you asking for? name? age? address? social security number?

  3. Who will do the checks?

  4. Will checks be available for every country in the world?

  5. If not, which countries can and cannot have checks done?

  6. Have you sought out any legally recognised organisations in each country that is legitimately allowed to carry out the checks?

  7. Who will pay for this?

  8. What advice have you sought on the storing of personal data and in which country? If so, what is that advice and where can it be viewed?

  9. How long will you store the data for?

  10. Do you have provisions in place for the transfer of data to another party (new governors) or will you destroy the data beforehand?

  11. What advice have you sought about the transfer of data from one entity to the next? If so, what is that advice and where can it be viewed?

  12. If you are planning on destroying the data, how will it be destroyed and who will verify its absolute destruction?

Thank you again for taking the time to facilitate this debate and I look forward to discussing the other points mentioned in the Charter thread.

Onwards and Upwards, Onwards and Forwards.

11 Likes