Deletion of KYC documents

Aukse Sia
WePower
Published in
2 min readFeb 15, 2018

--

Two weeks ago we have closed our token sale by raising 40 million USD.

WPR tokens have been distributed to 22,933 people who participated in WePower token sale. More than 85,000 people whitelisted for the token sale but due to a limited supply of tokens not everyone could participate.

Understanding that personal information is very sensitive to each of us, we have deleted collected KYC information (identification documents information and pictures, face pictures, name, surname) of people that have registered for the token sale but didn’t acquire WPR tokens. The information was deleted in accordance with applicable legal requirements in the European Union.

In order to provide you updates on WePower development and possibility to support green energy adoption, we’ve kept your contact e-mail address. If you would like to stop receiving our updates, you can use “unsubscribe” function in the end of each e-mail you receive from WePower.

We have kept KYC information of people who have bought our tokens. This information is necessary for us in order to comply with the banking requirements to “know your customer” and have a necessary proof of funds. Without this information WePower would risk to be cut from the banking operations, which are necessary to run our business operations.

Thank you for your time & support, if you have any questions please join us on Telegram!

Join us on https://t.me/WePowerNetwork

--

--