In response to overwhelming feedback from its dedicated community, the Ice team has revealed a strategic move from Ethereum to the BNB Smart Chain for the distribution of Ice coins. This decision, driven by community preferences, aims to elevate the overall experience and accessibility of Ice distribution, fostering increased community engagement.
KYC Milestone Achieved
In a significant milestone, the Ice app implemented KYC Step 1 on November 24, incorporating face recognition and liveness detection. As of January 4th, 2024, over 2 million users have successfully completed this step, ensuring the authenticity and uniqueness of each account and fortifying the network against duplicates and bots.
Enhanced Transparency and User Statistics
To reinforce transparency, the stats screen now displays the count of users who have completed KYC Step One, offering a more accurate reflection of user engagement. Users can easily track the total number of Ice coins, including pre-staked and blockchain coins.
Monthly KYC Verification
To maintain platform integrity, KYC Step 1 will require monthly verification, ensuring consistent account ownership and security.
Preparing for BNB Smart Chain Distribution
The Ice app now allows users to submit their BNB Smart Chain addresses in preparation for the scheduled distribution starting January 7, 2024. Accurate submission of BNB Smart Chain addresses is crucial for users to receive their Ice coins.
Introducing Social Verification
Social Verification, commencing for users who have cleared KYC Step 1, involves a simple process of reposting a message and verifying their Twitter accounts within the Ice ecosystem. Users can choose to engage in Social Verification or opt to skip it up to four times, with engaged users gaining immediate access to the BNB Smart Chain distribution.
Engagement or Patience: Choice for Users
Users have the option to engage in Social Verification or skip it up to four times. Engaged users will gain immediate access to the BNB Smart Chain distribution, while those opting out can access the KYC Step 2 Quiz after a 28-day period.
BNB Smart Chain Distribution Plan
The BNB distribution will occur monthly, with Ice coin balances being evenly split over the remaining months leading up to the mainnet launch. Users will receive recalculated distributions based on their holdings.
The Ice team urges the community to stay engaged and informed as they work towards building a secure and thriving ecosystem. An official announcement with detailed information about the upcoming BNB distribution will be shared soon. Read More
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