Yes, it is certainly bad that they require kyc and video confirmation. But if it hadnt been there, there would have been many multi-accounts against the fight against them. I hope they keep confidential in safety or can be deleted after verification. Stellar promising coin hope it is worth it.
Actually, KYC is a good thing to do because it can decrease the scammers. But, sometimes the data that we give to them is misused. This is why we should be very careful in giving any personal information to anyone, we need to analyze it first.