In legal terms, I support you one hundred percent but when it comes to normal way, KYC helps to identify if people cheated in the bounty program or not. And I quite remember a project like Herocoin made us do KYC because the Austria government requested that and ffinancial transaction must be backed by KYC. So they did as such not to fall short of the laws. It may not have been any big case but I think prevention is far better than cure so in which case, they saved their time and money.