What is the pros and cons of doing the KYC during the ICO or post the ICO?
I've participated in many ICOs, some of the force you to do the KYC before you can buy their tokens, others they wait and later send you a KYC email/request. so i am wondering what are the pros and cons of each approach
There are no pros and cons about KYC when it is required by ICO. It is officialy required by the government and ICOs need to be legit. Because if you would like to create a big project witg a big solution, then you do not want to risk any problems with governments. You know?
You are just talking on the one side of the story and not all projects that do require KYC is already regulated or required by the government and some of them are just totally accumulating documentations into its possible investors. This is why its always been good to check even more about legitimacy of the team if they are legit enough or just an another common scammy project.
KYC should be announced in the start of the ICO so all would be aware.