The KYC requirement in many ICO projects has been the bone of contention of many investors and supporters with many thinking and feeling that this is not needed as this is the industry that proposes decentralization, anonymity and privacy. However, a project can argue that it is the law that requires them to know their customers and they are in fact just following the regulation. The problem is that KYC is not a guarantee that a project can never go down the coffin and run with the investors' money...maybe travelling to the "moon" and have an indefinite vacation in there until the victims can forget their misfortune of trusting them.
Now, if these project owners can require us to undergo the KYC process...should it not be rational that they themselves submit to the same so that we can be sure that we are dealing with real people with real address?
I don't even see any reason whatsoever why investors would have to carry out KYC when participating in an ICO, when means of payment for token is tired down just to crypto and without fiat included, KYC should only be necessary for those who will want to make purchase of the token via fiat so that the government would be able to demand for their details if something went wrong during the purchase, the main people that should carry out KYC are the people in charge of the project since we are committing our money to their hand.