you write that passing KYC at least reduces fraud. and if your data goes to the wrong place. it's dangerous, I generally against to provide their data, remain incognito
yes I agree with you, but not with projects that I think are bad. like the example of the project I'm promoting right now, I think this project has a good concept and a positive team reputation. I am sure they are a responsible team. so I do not mind if the project that I promote requires to do the kyc system.
you haven't seen it all yet. projects that looks legit at first make reveal its real self after the bounty campaign. you'd be amazed how many projects were promoted here since 2018 that were not yet paying their bounty hunters. if they got paid, the tokens aren't listed to an exchange that has volume or may even be listed only to the exchange they own. no updates and no talks about the project and one day you'll heard them they have now tokens to distribute and the old tokens you got are now useless.