At the moment I don't advice my team to go for this. For me, it is not necessary until a well constituted body is set to handle this. How come so many projects who are KYD verified still exit scam and nothing is done about that? doesn't that tell you that the KYD team on their own are only interested in the KYD payment and not the investors? (My opinion). But let's be realistic.
I don't think you understand the concept of the whole process. KYD makes sure that the team behind the project is actually who they claim to be and not just pictures on the page with a name and fake credentials underneath it. Even being verified doesn't guarantee that on a later stage the devs decide to scam everyone and disappear or that the project fails for some reason, but at least people know that the persons behind it are legit and that is something that works both ways. After you got reviewed, your project goes onto the site of KYD with or without your names on it, it gets announced they successfully reviewed your project on their official channels and that could have a bigger impact in succeeding your goals and your project.
I understand the whole process and it will be left for our community and investors to vote for listing in KYD. But my concern as one who has invested in several MN is thus: why will you verify a project (which is like a license or approval) to operate yet they scam and run away in two months and your KYD body cannot use those information you gathered about them to do something legal. Can't you see the needlessness for investors to rely on KYD? What happen to those projects your KYD body get money from and offer private KYD.. the reputation of KYD to me is not upheld to be a criteria to crave for in my investment analysis. Looking at coin mega trend platform and the services offered shows a project built for long term.