At PineX Labs, we have developed a secure and thorough Know Your Customer (KYC) process designed to verify the identity and legitimacy of project owners before they enter the Web3 space through our platform. This process is built around international compliance standards and focuses on transparency, user safety and long-term trust in the ecosystem. When a project team initiates the KYC process, they are required to submit valid government-issued identification, proof of residential address and participate in a live video verification. These steps allow us to confirm not only the authenticity of the documents but also that the person submitting them is indeed the rightful owner or responsible party behind the project. All submitted data is reviewed manually by our compliance team and handled with strict confidentiality. Information is temporarily stored on secure, GDPR-compliant servers located in the European Union and encrypted using AES-256 encryption for maximum protection.

It’s important to note that this process does not serve as a financial endorsement or guarantee for the project in question. Our role is strictly to confirm the identity of the founder or core team member behind a project. KYC verification by PineX Labs signals that a verified person stands behind the project, offering a higher level of transparency and accountability. This process helps protect our community, reduce fraud and foster a safer Web3 environment for all participants.