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.
I think you are right, KYC procedure should be announced as early as the bounty starts so that bounty hunters are aware about it. Not all bounty hunters are willing to go through KYC procedure. I know that KYC is sometimes done to abide to some law or regulations, however, it should be announced early.