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1st AMLT reward distribution for Network Members + Update on Membership Terms

Nov 02, 2018

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Recognized as a global leader in RegTech for blockchain, Coinfirm serves as a foundation for the safe adoption and use of blockchain. The Coinfirm AML/CTF Platform uses proprietary algorithms and big data analysis to provide structured, actionable data that solves compliance and transaction risk issues in blockchain and cryptocurrencies. The blockchain agnostic platform is currently used by anyone ranging from major financial institutions to exchanges. In addition, Coinfirm develops dedicated blockchain solutions such as the data provenance platform Trudatum that was recently integrated by the largest bank in CE.

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Hello AMLT Network Members and Community,

It's been an exciting journey for the AMLT team and entire community that has supported this project since the successful token sale. The first roadmap consisted of exciting activities, sneak peaks, alerts, Q&As. We have seen the successful launch of AMLT beta panel and site, on-boarding of first community and commercial Network Members. At the end of the day we all made history and created the first system of its kind in the history of finance. All this action packed adventure has led us to the exciting stage of "Reward Distribution". Yes you read it right!

Last week we published the first set of stats where over 275 unique cryptocurrency addresses were reported to the AMLT Token Network in the 1st month! We are proud and happy to announce that the 100K AMLT tokens reward were distributed to Network Members after validation of data provided through AMLT Network Member Panel.

Once again we thank the AMLT Network Members and community for their continued support. Stay tuned for more exciting updates, news and AMLT stats in coming weeks.

Become a NM, earn AMLT, get discounts + other benefits. See How

AMLT Membership Terms - Important Clause Updates

We also wanted to let you know that we updated some aspects of the AMLT Membership Terms. According to our terms as an AMLT Network Member it is your responsibility to regularly check the Company’s Website for any such notices and updated Terms. You may not agree to the amended Terms. If you do not agree you may terminate your membership by giving us an appropriate notice by email or in writing in accordance with provisions of Clause 2 section XVI of the Terms. If you are a Consumer and you do not agree to any amendment you may withdraw from the Programme with immediate effect during 14 days from the effective date of amendment.

CHANGE 1: Added new Clause 8 to Section IV
"In order to reach the Minimum Amount you can buy AMLT from us or by using the exchange platform upon your choice. The AMLT can be bought from us just once and only before you become a Network Member in accordance to section V of these Terms. You may attempt to buy AMLT from us after you have been positively verified during KYC otherwise the AMLT will not be sold to you."

CHANGE 2: Added new Clause 6 to Section VII.

"The reward shall be paid for the addresses not known previously to Company and its affiliates (including Coinfirm)."

CHANGE 3: Updated Section VII Clause 9

"The AMLT Network Member reward will be paid in AMLT within 7 working days from the end of the submission period"

CHANGE 4: Updated Section VII Clause 10
During Beta Period the pool of AMLT for rewards is 100.000,00 (one hundred thousand) per month.

You can read the complete AMLT Network Membership Terms over here

If you're interested in partnering with Coinfirm or becoming an AMLT Network Member then contact us!

Thank you for your continued support and make sure to follow all of our latest updates on Twitter, Facebook, LinkedIn and Telegram Community.

The AMLT Team