Ohh... I see that is why almost all ICO project out there is now asking for KYC verification because of the binance news.
it is mainly because they want an additional revenue since they can no longer raise the same ridiculously high amount of money from their useless tokens. now they ask for KYC so that they have something to sell on dark markets and make some profit. every ICO participant and bounty hunter's identity is already available in dakrnet for purchase!
your opinion is very reasonable, but not all ICOs are like that, there are still a lot of ico that are real by doing KYC because a regulation is one of the requirements to open ico sales
ICOs are not regulated, this whole market is not regulated, there is no law enforcing them to comply by KYC rules but 90% of them add that. then we have some that are forced by the platforms such as Binance to do that which again is not by any "law" or "regulations".
not to mention that i wouldn't call any ICO "real" as long as all they do is raise funds and then go away!