Anonymity has been ingrained in the culture of crypto since it's inception with the creator of the biggest cryptocurrency (Bitcoin) being completely anonymous. From there, creators and developers alike have been drawn to this space because of the unique feature of keeping their real identity separate from their online presence. It creates a culture of inclusivity without bias and it gives people the opportunity to create and operate freely without being judged by anything other than their work and their projects themselves.
However, people who are behind these projects who are raising money still need to be held accountable for their actions. Unfortunately, in this world right now there are many bad actors who remain anonymous who are scamming investors and mismanaging the funds that they are responsible for.
El Crypto Chapo is currently the CEO of Assure DeFi which is creating the gold standard for identity verification on the blockchain and decentralized finance. The Assure DeFi mission is to actively secure that process to not only allow owners to operate and build without revealing their identity to the world but it also gives the potential investors like you and me more trust in the project that the funds will not be mismanaged.
“Anonymity and accountability do not need to be mutually exclusive. It just requires a trusted third party which is the business we created to privately create an accountability path and allow public anonymity.” - El Crypto Chapo
Imagine the crypto space where people could confidently invest in the blockchain, without the fear of being scammed. Listen to this week’s episode with El Crypto Chapo and explore his solution to this massive problem.
Follow El Crypto Chapo on Twitter HERE
And explore Assure DeFi https://www.assuredefi.io/
Enjoy the podcast!
-Lucas
https://www.cryptolabsresearch.com
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