# FlokiSale KYC

**KYC is only for Project Owners**

Know Your Customer (KYC) is a process we implement at FlokiSale to ensure the safety of our investors. It's our way of verifying the identity of project owners to prevent scams and rugpulls. Similar to how major exchanges like Binance require KYC when opening a trading account, we use automated platforms to verify project owners' identities through ID documentation like passports or national IDs.

**What Does it Mean For You?**

For investors, this means added security. Projects that have undergone KYC have a badge next to their names, indicating they've been verified. If any team member of a KYCed project engages in fraudulent activities, we'll reveal their identities and make this information public for legal action. If you suspect a project is a scam, reach out to us with evidence, and we'll investigate.&#x20;

To project owners, we strongly recommend applying for KYC verification to build trust with investors. This process typically takes 24 to 48 hours, so contact us promptly.

By implementing KYC, we're not only enhancing our platform's security but also contributing to cleaning up the crypto industry, emphasizing accountability even in a decentralized world. Join us in making FlokiSale the safest launchpad available!
