@vella ...that we see no more scams...
When I will open a scam project, I will not have a KYDC verification. The clue is from the other direction. When I have an solid project, I would like to be KYDC verified, because it shows transparency of my own project.
No matter what there will always be scams as there are scams daily and not even Governments or law enforcement can stop them but KYD will help in a way as at least the projects that do verify with KYD are known publicly for us all to see. Yes transparency is key to any new project which is why I believe that KYD will do well in the future once their platforms are up and running.