The issue of KYC always raises questions whose answers are mostly not very discerning to the ears. It is quite unfortunate, I know most crypto enthusiasts are not comfortable giving out their personal information for KYC but there is little we can do about the situation at the moment. Most of these projects claim they are under a legal jurisdiction where KYC is very important for many business projects. The new trend is increasingly becoming worrisome as many airdrops are even requiring KYC verification from participants.
These are sugar-coated words just to entice to go through the KYC, I have seen this to many airdrops that are not existing anymore, so if you are newbie check and do a research if what are you doing is worth it, a $10 worth of token can be gone in an hour but not the personal information you gave to scammers.