KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?
Actually crypto development in my country is progressing and has hope in the future. However, to this day crypto has not been legalized in my country because the government still views it one eye. But, we can still join ico, because we will not only use crypto as the main transaction. I hope that in the next few years, Crypto will get its place.
It seems to me that initially we should think about legalization of the crypto currency, but the government will not do it until it finds the ability to control the crypto currency and its users.