Project Pinocchio: Digitizing Integrity, from Will to Must

Dear KuCoin Users,

As a participant in the cryptocurrency industry, KuCoin Global upholds a fair, just, and open spirit to develop blockchain technology and promote the industry's ecological co-prosperity. In view of the frequent occurrence of malicious acts such as project fraud, breach of contract, and illegal fundraising activities in the industry, it has seriously infringed upon the legal rights of all cryptocurrency supporters, participants and builders, and caused negative impacts on the industry ecology. We think now it’s imperative to establish our industry credit system.

Under the initiative of KuCoin Global, we will partner with well-known, credible, authoritative institutions and media in the industry to launch the "Pinocchio Integrity Program", aiming to establish a credible project review platform to promote self-discipline and integrity in the industry. The ultimate goal of this program is to be presented as a non-profit DApp, and all records will be uploaded based on the underlying technology of the blockchain to establish an open, fair and standardized evaluation system.

KuCoin Global sincerely invites all participants in the industry to join the program to help us maintain the health of the industry ecology. We will continue to update the participant roster and program development status on the official website of KuCoin and other media platforms. At the same time, KuCoin Global welcomes any industry participants and builders to provide us with basic information about suspicious projects.

Please send all submissions to pinocchio@kucoin.com

Thanks for your support!

KuCoin Global