~snip~
In our case this problem will be solved by the following scenario. As you have mentioned crypto-investors knew that the ICO has some investment from a real-world investor. This fact can be the reason to believe in the project, if the real-word investor has a Big name", if it does not, crypto-investors are free to decide whether or not they want to have tokens of a company that does not wish to disclose information about it's performance and keep the option to return their funds if it's needed
So, to conclude, they're allowed to "cancel" their investment and fully withdraw their funds from the project? Or, will there be some dedducted fee? This company policy of yours somehow has a potent to merge with my next question about KYC, but let's see the answer up to this point
If the Investor decides to return their funds, they will be fully returned based on the initial investment.
Understood.
This leads us to the second question, which is from a case I also followed once. It was a blatant scam, IMO, but let's apply this to a legit case.
What's your policy for this case:
ABCoin is a project of medical health, and so on, and so on. After three months long of ICO duration from the four months they planned, they managed to achieve their softcap of 10,000,000 ABC. Somehow, plan changed and they have to comply to KYC, requiring all investors to do it.
Given your policy on such situation, where the investors are allowed to withdraw their funds in case they refuse KYC (which is initially not required), many investors took their funds back, and within the course of one month (which is around the end of ICO) causing the initially collected 10,000,000 ABC to fall to 5,000,000 ABC, which is below the softcap.
Thus, their initially "ABCoin, soft cap reached!" claim now turned south, and some people would consider this as a scam as they revoked their initial "soft cap reached" status which convince them to take interest on the project. While, as we know, they didn't really planned such scenario to happen and scamming people were not their plan from the beginning.
In our opinion this case is very unlikely to happen. But if this happens, the ICO team will have to consider the possibility of losing a part of investors after the implementation of KYC.