I can create the coin in 24 hours for erc20 a week for Bitcoin clone. None of these projects have much money though (or they go do it themselves) nothing wrong with that. However while you might create your own project for the cost of computing and gas, no one is going to spend

Pretty easy to do KYC on erc20 for non us citizen residents depending on your country. Eu licensed lawyers I have, could let me do it for about 12 BTC. How many of these projects do you think have that kind of money?