Initial coin offering has been quickly emerging as the new fund-raising method being used for launching a business. Recently we have seen the requirements of KYC for ICOs are increasing. And many investors are not supporting it. I want to know why exactly do ICOs need the requirements of KYC.
No ICO are not required to collect the KYC from bounty participants and if they are doing so then it is completely absurd thing.
Bounty token is reward to the participants and it is not a sake technically so it doesnt count for that one. If you see any ICO is asking for the KYC then either they dont want the participants to be happy and want them to leave so that they can save their tokens and nothing else. Its not a guess but its reality.
