When I was starting to get involved in crypto-currency, one of its features that attracts me is the privacy it gives you. Now with all those KYC being required in exchanges and in ICOs and other platforms, some people are beginning to be hesitant in their activities in crypto.
KYC is not killing crypto, bad icos were killing crypto. Quality is the key. People will bust through concrete for a high quality ICO and KYC will not be an issue. I have experienced this first hand. Over-regulation could be a problem though, but its goes deeper than KYC