There is too much misgiving in KYC process. We give our sensitive informations through KYC for nothing. On Feb 18, I joined an ICO who didnt need KYC process actually. But, end of the campaign the ICO manager changed the rule by adding KYC process. It was irritating but I provided all of my personal infos including my photo for the payment of that ICO. In addition, after 2 weeks I checked their spreadsheet, incredibly I see I was rejected for blog & video. That means, I provided my personal infos & photo everything for NOTHING actually. Such a bad experience.
That's a really tough one there Faysal. Having complied with the KYC requirement just to have your Blog & Video application rejected by them is really a bummer.
That's why i personally think that KYC should be imposed on Project Investors, not for bounty participants. I somehow conclude that ICOs are doing this to gain enough records on their database to show others that they have a flux of supporters (and at times refer them as investors too) willing to undergo KYC just to be able to support their cause.
There's really a lot going through with the KYC issue at hand. It will be wise to take precautions everytime before submitting yourself to a KYC.