Summation of Dr. Nicolas Kokkalis Op-Ed.

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Creating Thriving Crypto Communities: The Challenge of Implementing Scalable and Cost-Effective KYC

The article discusses the importance of verifying the identity of users in crypto communities and the challenges of implementing a scalable and cost-effective solution for Know Your Customer (KYC) checks. 

It mentions that relying on AI algorithms alone can lead to unforeseen consequences, such as creating echo chambers and magnifying biases. It also notes that the cost of KYC can be prohibitive for many crypto startups and can create friction for onboarding new users. 

The article suggests that a human-centered design and scalable solution is needed to balance the intrigue of high-tech with the needs of people in order to create thriving and long-lasting communities.

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