Sometimes it is not about the ICO projects who are demanding the KYC's from us but its about the regional rules and regulations who are making this happen. I mean they are the one who trying to get the strict rules amended for such crypto projects. As result of this ICO has to present the KYC and show that they are doing everything in legal way.

Apart from this they are trying to get devoid of the scams also which are being done because of multi-accounts everywhere. This leads to bad reputation and false investment. Thus having KYC limits the user load and make it legit one too.