🪪KYC Process
Identity Verification (KYC)
RIP.FUN uses identity verification as a security measure to ensure that physical assets are redeemed and shipped only to their rightful owner. This process helps prevent unauthorized redemptions, fraud, and delivery errors when converting digital ownership into a physical shipment.
KYC is required only for redemptions, not for buying, selling, or holding digital items on the platform.
How KYC Is Handled
Identity verification on RIP.FUN is conducted through Veriff, a GDPR-compliant verification provider.
RIP.FUN does not receive or store personal identity data
Verification data is handled entirely by Veriff
Data is automatically deleted after 90 days, in accordance with our standard operating procedures
Veriff’s security audits and compliance documentation are publicly available
Why KYC Is Required
Digital collectibles can be freely transferred, sold, or traded between wallets on-chain and across external marketplaces. While this flexibility is core to digital ownership, it also means there is no reliable way to know who controls a wallet at the time of redemption.
Because RIP.FUN ships real, physical assets, we require identity verification before redemption to ensure that:
The requester is the legitimate owner
Assets are not shipped to unauthorized parties
We comply with legal, tax, and logistics requirements
Without completed KYC, physical fulfillment cannot proceed.
One-Time Verification
KYC on RIP.FUN is a one-time process. Once a user’s identity is verified and approved, they will not be asked to complete KYC again for future redemptions. This keeps future redemptions fast while maintaining platform security.
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