KYC procedure is necessary, every large and promising project sooner or later introduces KYC for users.
KYC problem only for beginners, experienced guys go through this procedure very quickly!
I do not see the need for this procedure. many investors do not want to go through it. it reveals their essence. they would like to invest money anonymously. but many projects do not allow this to happen. I think, that there would be more investment if this procedure were not available.
I also think that the extra difficulties are not necessary. Moreover, the world of cryptocurrencies was created as a world for anonymous users, and passing KYC we transfer our data to other people.