Day in day out there are new projects requiring kyc from investors
Exchanges requiring kyc, for some in order to maximize your ability to withraw large sums of cryptocurrencies and some even before you can trade on the exchange
The bigger question is how safe are our kyc documents?
The purpose has totally been diverted and its a betrayal to the Decentralised world
Most especially bounty managers that uses kyc as a restriction to corner hunters reward to them self
The principle is concise and clear; avoid kyc related projects if you have doubts
But ensure to always dyor