VERY CHAT 2nd KYC & MIGRATION SNAPSHOT Announced: Everything You Need to Know

[00:00:00]Very chat second KYC migration snapshot very chat latest update. So we need to update to the newest fashion which is fashion 2.0.19.

[00:00:13]First of all, we are going to the Play Store. If you tap on this update, it's going to take you somewhere like this.

[00:00:20]You will not see where to update. You'll be seeing a lot of things. So the best way to update your very chat is always to go to your Play Store or your Apple Store and search for very chat update.

[00:00:33]Once you tap on very chat update, you will now see update where by you update it from here. So let's update the app and see the latest fashion and also the second migration KYC snapshot. This is very chat latest update. 4 hours ago, very chat gave an update on their S account. They said here second KYC and migration snapshot.

[00:01:03]They said that on June 22nd, a snapshot will be taken to select participants for KYC and migration. Did you see this? So June 22nd is for KYC and migration snapshot. So if you are still joking with your very chat coin, you are making a lot of mistake. This KYC is for those that are not node holders. Node holders does not need to redo their KYC. This KYC is strictly for the entire very chat community who have not yet received a node. So this KYC is for the entire community. But if you are a KYC a node holder, you are not going to do another KYC. So this is what very chat latest telling us that on June 22nd, a snapshot will be taken for the KYC and migration. And they said this is the criteria for the KYC and migration.

[00:02:00]They said that a total of 500 Vieri. So for you to be able to receive the KYC and also the migration, you must have at least 500 Vieri.

[00:02:11]And they said including mining app events and friends invitation rewards.

[00:02:18]So this 500 Vieri will include both the mining, your invitation, your event and and your referrals. So the thing they want to see in your account that will enable you to participate on this the KYC and migration is these things. You must be mining, you must be active and also your referrals and your event.

[00:02:43]And minimum of 500 Vieri. Once you have minimum of 500 Vieri your app, you'll be eligible for the KYC. And they said this is the minimum requirement and does not guarantee KYC or migration. Did you see that? This is the minimum requirement and it doesn't guarantee KYC and migration. What will guarantee your KYC and migration is is your activeness. If you're active, you are going to receive this invitation. And they said that the final participant will be determined after filtering out abusive accounts. So once they have filtered out the bots and offensive or abusive accounts, they are now going to give the real miners, the real human the opportunity to do the KYC. And they said here, "Note and first [snorts] KYC completers do not need to reprocess if they meet the criteria." So once the system filtered bots and abusive accounts, they are telling us that those people that are whole node holders do not need to reapply for the KYC if they meet the the criteria. So, if you're a node holder and after they have migrated the abusive account and it happened that you did not qualify for that node, you have to apply for another KYC. But, if after filtering the bots and fake account and you still maintain the criteria, your KYC node will still remain for you. And they said, "Payment will be made in bulk to all participants after the KYC period ends." So, once the KYC period ends and you are qualified for the KYC, they said that the payment will be made in bulk. That they are going to send the payment in bulk, not immediately after approval. So, their payment is not immediately after approval. But, once you pass their KYC, they are going to make the payment for the KYC. Maybe giving you your node or migrating your your VeriCoin to the mainnet. And they said that KYC target is end of June. So, this month, June, they are targeting to end KYC. May be delayed depending on testing circumstances. So, you might experience delay, but know it that they are targeting end of this month. But, there might be a delay. They said, "Thank you." So, this is for everyone who has been thinking that all hope is lost Veri network is because they don't have node and they have not done KYC. So, get yourself ready and be active so that you can receive this VeriChat KYC and migration, which we this snapshot is going to take place 22nd of this month.

[00:05:48]So, the minimum criteria for this KYC and migration is 500 veri. How many veri do you have here? 500 veri. And how many referrals do you have? How active are you on this your mining app? These are the criteria that will determine if you're going to receive the KYC and the migration. So, make sure that you are active. The most important thing is to have at least 500 veri. Once you have 500 veri here, you are covered. And also, if you're active, you are covered as well. So, make sure that you are active. If you're a node holder, make sure that you are active as well, so that you can maintain your KYC and node.

[00:06:35]If you did not maintain it, and after they have might have filtered both and fake account, and you did not meet the criteria again, you are going to reapply for the KYC.

[00:06:46]And if you want to turn your node status on, so that you your status will be on, you will be mining double of your veri coin every 24 hours. You can reach out to me on my WhatsApp. I'll tell you the procedure on how to get your node status on. But before you message me, make sure that you have an at least one NFT. One NFT is the only thing that can guarantee you to turn your status on. I believe this is clear enough. So, get ready for the snapshot and KYC, which is going to take place 22nd of this month. Thank you, guys. See you guys in my next video.