I've never participated in a project which asks for KYC information yet. And I do not actually plan to do that, only if such thing will be required everywhere, in that case I simply will have no choice. I am not so afraid of the system, but about protection of my private info. There are not guarantees for 100% safety and I am afraid my private info would be used for wrong/illegal targets.
That's exactly the reason why more people are not doing it, securities of their personal information can be at risk if they will passed it up to someone
that they are not trusting, news from internet says that inside dark web personal identifications can be sold, most of people around here are aware
about it, so KYC procedure ain't being supported.