Announcing HelloGold Token Sale registration is open

The HelloGold registration process is now live! Supporters who want to participate in the Token Sale can now submit their information and documentation to enable participation in the Public Token Sale starting 28 August 2017.

Note: You will only be able to participate in the Token Sale if your registration is approved.

Why is HGF requiring registration?

Despite operating in an unregulated space, HelloGold Foundation wants to adhere to best practice requirements, consistent with the rules and regulations on KYC (know your customer) and anti-money laundering, to prevent financial fraud and terrorist financing. We also want to do this to ensure that our supporters’ tokens are as securely protected as possible — even though we don’t have to. This is also a demonstration of a similar registration process to the one that HelloGold customers engage in when signing up.

Due to uncertainty over the regulatory environment, we have also decided, based on legal advice, to exclude US and Singaporean persons (residents, tax residents, permanent residents or others who may fall under the respective regulators’ remit). We recognise that whilst crypto wallets are by their very nature anonymous, HGF is putting in place good faith/best efforts to ensure that the Token Sale is not sold to the wrong people and/or used for nefarious purposes.

The Public Sale will be capped at a 10 ETH per person contribution. HGF need to verify that an individual isn’t contributing from multiple wallets.

What is the process?

Supporters can either:

1) go to kyc.hellogold.org and click “sign up”; or

2) click on the <Register> button on the Hellogold.org homepage.

Supporters will be taken to a website to register and will be required to sign up by entering the following information:

1. Email address — to register the account; the email will then have to be verified

2. A secure word, which will be visible every time you log in to the Token Sale website

3. First & Last name

4. Date of Birth — Supporters must be over 18

5. National ID/Passport Number & issuing authority (country)

6. National ID (front and back)/Passport bio page Photo as per the info entered in #5

7. Selfie including Passport biodata page or National ID (front) — to prove that you are the person shown on the card

8. Address Photo (Official document dated within the last 6 months showing residential address, e.g. National Identity Card, Driving License, Bank Statement, Mortgage Statement, Utility Bill etc)

9. Ethereum wallet address

10. Self-certification confirming that Supporters:

a. have read the terms and conditions

b. are not a US or Singaporean person

c. are not Politically Exposed Persons (PEP) or conflicted from entering the Token Sale for any reason

This information is securely stored using better than industry standard best practice security measures.

HGF will then perform a number of checks with this information to confirm that the potential Supporter is eligible to participate in the Token Sale. We will not provide details on what these checks are to prevent potential Supporters from “gaming” the system. Once approved, the Supporter will receive an email stating that they have been approved and are able to participate in the Token Sale. That’s all that is required until the Token Sale.

If a Supporters’ registration is rejected, they will be told why and they can resubmit their data if they are able to correct this error/omission. This won’t apply if the individual is not eligible to participate in the Token Sale, or we are not legally allowed to do so.

Additional checks are in place for corporate Pre-Sale supporters to identify the entity and then to perform KYC checks on individuals associated with the entity.

What does it mean for Supporters?

Whilst this is an additional step for Supporters to go through to buy HGT, we believe it is worthwhile so HGF can protect both individuals and HGF, whilst also ensuring that as wide a number of people can participate as possible via the Public sale contribution cap. (“Whales” are able to participate via Pre-Sale, see #4 below)

1. Security When you log in to the secure area of the HelloGold Foundation Token Sale website, you should be able to see the secure word you submitted (see #2 above) at all times. If your secure word is not visible, check the web address carefully, don’t enter any information and don’t trust information/messages/Ethereum addresses on that site. Please report it to HelloGold ASAP so that other people are warned and can be protected. We have done this to help protect our Supporters from phishing attempts as we’ve previously covered here and here. Another useful tool to help against phishing scams is EtherAddressLookup
2. Token Sale wallet address The Ethereum wallet address to send funds to will ONLY be posted within the registered user area for approved Supporters shortly before the start of the sale. (We will notify registered users when the address is available via public channels, but not send the address itself.) We will not post this address anywhere else — including on Slack (inc/esp DMs or via bot), blogs, social media or other public location.
3. Sending funds Only wallets that are associated with an approved KYC profile will be able to send funds to the Token Sale address. Anyone who sends funds from an address not linked to an approved profile will be rejected. (Note if you have a non-approved profile/address and funds are accepted, you’ve been scammed)
4. No Whales Public Sale maximum of 10 ETH per wallet will be enforced. If you want to buy more HGT than this you will need to contact HGF and we can check to see if you are a strategic investor and are eligible to participate in the Pre-Sale.

Timing

The submission system is now open. Individuals can submit their data at any time. The submissions will be processed by batch, so you may not get an immediate approval. We will try to ensure all submissions are completed prior to the Public Sale opening. However, we strongly recommend that potential Supporters submit their information as early as possible because we expect significant demand for our capped Token Sale. Subject to demand, it may not be possible to approve all submissions on time.

A Chinese language version of the registration site is also available. (中文版本的注册页面可见此)

Please note that we have not included any links to our token sale in the above (only Medium articles). Please only go to Hellogold.org for further information and to submit your KYC data for approval.