Yeah, you are absolutely right, crypto is not regulated but what can be done if almost all the ICOs are asking for KYC? Its like is has become a trend now. If you want to invest in one of your favorite ICO, then there is 90% chance that you'll have to do KYC.
In my opinion, because users or those who request our personal documents are scammers, they must be removed from this procedure.
So I also don't support such ICO Campaigns because I don't trust them. So let's get rid of KYC because it's very dangerous especially for members of our Bitcointalk forum.