The concept and goals of this project are important to let the investors know bout the developers they are invested in. It isn't project but teams in which we invest and believe that they will deliver. The initiative at the same time can reduce the scams by providing lot of information and rating about developers to know and decide based on facts. It impressed me from whatever I studied little bit so far.
Yeap, your opinion is correct.
KYD is a good one, and a good supplementary project for crypto investors.
This one help them at somewhat extents to have better overview on transparency of project they are interested in.
However, KYD verification has definitely not a guarantee that a project is not a scam one. This point is important.
Yea, this does look like a very important tool for all looking to invest in new developments.
The trick is marketing this tool "KYD" so people know it exists and can find and access it.