So this project is based in Australia? This is what I see at first page of this thread.
"We are incorporated in Australia and part of our AML/CTF legislation requires us to collect KYC information for certain services to be compliant with ASIC for all token distribution during our TGE / ICO"
Blockchain technology is gaining popularity in different part of the world. This is first project I am seeing from Australia. At least I am not aware of any such project.
Yea, that's something to note, having a presence matters, never invest in any project that can't authenticate their existence and other upcoming project should come to terms about that, individuals are investing their hard earned money, so they need to give something to investors in order to attract more individuals into their brand, so the above is commendable