It's not a verification system. It's an identifer.

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Then why is everybody shouting they have been “verified” :)

because the check marks say NIP-05 verified, but all that means is that it's been verified that you own that NIP-05 ID and the fact that check marks historically have meant verified on social media.

we don't ask for any KYC info. it's not a true verification. it's just an ID, like an email address.