There are a lot of projects that need an KYC of course it is a good idea also to protect their project so that they will know who's dealing with them.But there are some projects that starting from beginning they don't have an KYC required but when it come to the time that they need to distribute the stakes of bounty hunters they are asking for KYC,if the bounty hunter can not comply this where is their stake goes?if the project require an KYC they must announce it from the beginning not in distribution time.
This is now the battle cry of a bounty hunters that we need to pass the KYC process to get our bounty rewards with just few dollars. We don't know the effect on those data we send to them. What if they will sell it to other groups that deals in black market. It's a high risk but it's our choice to process KYC or let it go with our token.