[...]
In my opinion investors should ask KYC for ICO team. Because investors are investing their hard work money. Team should prove themselves they are real. May be team will explain to avoid multiple account they are asking for KYC. I am not agree with that. I can create multiple account even with KYC. I have family member and friends so I can used their identy to verify KYC. So it's not appropriate reasone to ask for KYC.
[...]
The sad truth is that even knowing the real identities of an ICO team accounts for nothing more often than not. Crypto has seen its fair share of questionable investment opportunities for a long time and even in cases where the identities of key figures where known they were rarely held accountable.
[...] some do it because they are going to sell your documents on the darknet.
[...]
Based on the sheer amount of airdrops lately I'm convinced that a fair share of projects do just that. Probably not as profitable as carding but definitely easier.