Hi , Recently most ICOs ask participants for KYC!, why the do?
Is there any official organization regulate them and monitor ICOs?
There are lots of ICO presented in the market and it is quite hard to detect which one is legit or scam it is a good thing that some requires KYC for investors as well as info about developers and owners with that you can get an assurance that their project are good and trustable also KYC will prevent entering of investors that are not in good faith and only join ICO for illegal matters.