That is not correct. Being a sole proprietor is perfectly legal in the United States. And, again the problem is the process is validating illegal business activity.
Update
PeraWallet has verified USDeezNutz and still refuses to verify Choice Coin. Generally, the fact that a website and asset are controlled by the same entity does absolutely nothing to verify the authenticity of a project. @taylan PeraWallet should please change the verification policy to reflect sound thought and consideration.
Hey AlgoExplorer & Algodex ,
We have been waiting for ASA Verification for an Asset : ID 1210764878 at Algoexplorer & Algodex since we need to summit Audit for our token. Unfortunately there’s no respond given for almost 2 weeks as our time is ticking to be establish token under Algorand network.
Need your highly attention on our coins under your network.
Name : DinarCoin
Symbol : DNC
Network : Algorand Blockchain
Website :[www.dinarcoin.net]
Asset ID: 1210764878 (DinarCoin)
Contract Adress : AEU6GROPI3B7UIIE3VCXYAIDJIWW5N2HKNOX4UGHR25OOL4ILY5A
Twitter : @Dinarcoindnc
Circulating supply : 88,888,888 DNC
Total supply :888,888,888 DNC
Appreciate your kind attention.
Regards
Dinarcoin.
To me it looks like scam coin… In the whitepaper you always state that its backed by gold powder, but you do not state in what ratio… is one DNG meant to be one gram of gold?
Its kind of hard to believe you have 888,888,888 grams of gold.
Also statements on your website are not true. It is not first gold backed token.
There is no statement of any audit nor how people should now that it is really backed by gold.
Please stop scamming people.