@callmeconal
Here's the summary of the provided text:
A new trend is emerging among crypto projects, beyond just Binance Alpha and Kaito, where they are collecting a **$1 fee from each user under the name of KYC (Know Your Customer) verification.**
While these projects typically claim to only charge eligible users, **IRYS takes this a step further: users are required to pay the $1 fee first, *before* their eligibility is even checked.**
The text also briefly mentions that many projects previously used @Authena_xyz for a related purpose, but the sentence is incomplete.