So, what does KYC mean? I always hated that thing, mostly because I feelt it is an unnecesary leak of information.
I also dislike KYC that process any personal informations. I am not really comfortable with it but others are giving away their KYC infos with some unsure ICOs. I understand some of their point for AML programs but i only trust and give KYC to the selected and trusted organizations only and not for the small ICOs
With these times and all the shitcoin scams and real waste of time and money I came to the resolution that we need a new meaning for KYC.
Know Your CEO.
It is easy to know their CEO, but I also suggest that they have to provide us some contact informations for easily access in case of any unethical act of their team. Also, I was just thinking, they easily point out some fake CEO so I guess it can not help a lot to provide solutions to the KYC problems.