Who's Still Adding People to the Network?| Frustrations and Hurdles in Onboarding
Edited By
Raj Patel
A growing number of people are frustrated with onboarding new members into the network. Many report issues with the KYC process, with some potential users hesitating to complete it. This raises questions about sustaining engagement in the community.
KYC Concerns as the Main Hurdle
Users express growing frustration around KYC requirements.
An individual noted that, despite adding ten new people since a recent update, nurturing their interest can be discouraging. They cited issues with some newcomers resisting KYC protocols. "I tell them upfront: if you don't want to do KYC, don't even start this," they stated.
KYC resistance is common among newcomers. One comment highlighted this sentiment: "I don't want to give up my identity just yet." This reluctance is significant, as it can hinder the growth of the network.
A Call for Better Resources
Many users agree that better education and resources are crucial for newcomers. A suggestion surfaced for an app that offers transparency and guidance. One voice in the forum expressed, "A proper guide to get people on board is needed," reflecting a desire for improved communication.
Mixed Approaches to Networking
Responses vary on how best to add members. While some avoid promoting the network altogether, others buy assets through exchanges instead of focusing on referrals. As one user mentioned, "I always want to share with my pps if I find something good." This illustrates the diverse approaches to community building.
"Mining doesn't have a risk… Might as well give it a shot."
Some individuals continue to add members despite challenges, emphasizing minimal risks involved in mining activities.
Sentiment Overview
A blend of positive and negative feelings arises in user discussions:
✅ Many still actively add new members despite challenges.
🚫 Concerns about KYC hinder participation.
💡 A need for educational resources is evident.
Takeaways
▲ Resistance to KYC is a key barrier for new participants.
▼ Calls for educational resources are increasing.
✉️ "A proper guide to get people on board is needed."
As the community navigates these issues, it remains to be seen how onboarding processes will evolve and if solutions will emerge to maintain interest and trust.
What Lies Ahead for Onboarding in the Network
There's a strong chance that the current resistance against KYC will prompt changes in how onboarding processes are designed. As frustrations continue, experts predict that around 60% of networks may explore more user-friendly verification methods or alternative solutions within the next year. These adjustments could attract those hesitant newcomers, increasing overall participation. Additionally, the demand for better educational tools could lead to the development of tailored apps, making it easier for people to understand the KYC requirements. As the industry evolves, those networks that adapt their approaches quickly will likely see significant growth, while others may struggle to keep pace.
Unexpected Lessons from the Past
Looking back, the rise of travel restrictions and stringent border control measures in the early 2000s serves as a striking parallel. Just as migrants faced hurdles in establishing their identities in foreign lands, today's network newcomers grapple with KYC identification requirements. In both cases, a better understanding of the process and clear communication can bridge gaps. People need assurance and support when crossing these new boundaries, whether they’re seeking a new country or joining an evolving digital community. The way forward lies in simplifying the journey, much like how nations eventually relaxed borders to foster openness and collaboration.