Recently, more and more arguments have arisen that ICO generosity campaign participants really need to be tested by KYC in order for ICO teams to provide information that their tokens are distributed to specific people. In my opinion, this generally sounds like something stupid. Who and why should the ICO team provide such data? Tokens are not much different from any other product, and stating that merchants need to know who they are selling is stupid.
You welcome the situation when we go into the store and in order to purchase any product and we will be asked to first fill out a special form with your confidential data? Do you think that this is different from the situation with cryptocurrency?
It depends actually on the ICO youve joined in or youre invested in. It is good to have kyc for the ICO or managers to know who are really their customers or participants if theyre not bot or anyelse. Just so to know what are their intention. To earn greedily or to earn but honest. Its a matter of equality also.