Please share any recommendations as to how to make kyc( know your customers ) effective!! and probably; is it even needed?
The KYC check is designed to prevent the laundering of dirty money. Are you worried about good performance in this regard? Then you need to go to law enforcement. This is their direct task.
In ICO activities, KYC validation can be applied to very large investors. For other categories, such a check is meaningless, and for bounty hunters it is also illegal.