KaspaKRC.com: Three Levels of Verification for Project Trust within the Kaspa Community

At KaspaKRC.com, we use a thorough three-level verification process to build trust and transparency for projects within the Kaspa community. Please note that all information provided by projects for verification must be public. This requirement promotes transparency, allowing users to verify details independently. However, remember that this verification process is not financial advice; users should conduct their own research and consider risks before making any financial decisions.

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Level 1: Social Verification

In Level 1 Verification, projects provide publicly accessible information, including official social media accounts, website, and team details. This step confirms that the project has a visible online presence and verifiable communication channels.

• Requirements: Publicly available project website, social media links, and team profiles.

• Purpose: Confirms the project’s identity and establishes its credibility.

Level 2: Wallet Verification

Level 2 Verification involves verifying the project’s wallet address. Each project mints TURTLE tokens into its Genesis wallet, sends these tokens to a burn address, and provides KaspaKRC.com with the transaction link (TX link) as proof, which is visible on the blockchain.

• Requirements: Publicly accessible transfer of TURTLE tokens from the project’s Genesis wallet to the burn address with a TX link.

• Purpose: Confirms that the listed wallet address is authentic and controlled by the project.

Level 3: Kaspa Team Ambassador or Developer Reference

Level 3 Verification is the highest level of credibility, requiring a reference or endorsement from a Kaspa team ambassador or developer. This reference must be public, ensuring transparency in the endorsement process.

• Requirements: Public vouch or reference from a Kaspa team ambassador or developer.

• Purpose: Adds an additional layer of trust and validation, ensuring only reputable projects reach this level.

Important Disclaimer

KaspaKRC.com’s three-level verification process—Social Verification, Wallet Verification, and Team Reference—assesses each project’s transparency and authenticity, but we are not responsible for any project actions, losses, or outcomes associated with voluntary verified projects. All information provided for voluntary verification must be public. Please remember that this process is not financial advice. Users should conduct their own due diligence, assess risks, and make independent decisions when engaging with any project listed on our platform.