Recently, I am seeing some good altcoin projects that boast of having the project and the whole team passing some form of KYC. I am not, though, familiar how the whole team KYC is done but I guess this is in conjunction with a known third-party verifier. Of course, there is no guarantee that a project and team that got its own verifiable KYC will not never run away or fail as there are many variables to be considered but then again this can be helping in boosting confidence on the part of the investor. Should this be the new standard when looking for a new project to support?
I think it is almost same, in every project's whitepaper they will put on disclaimer. Which we made investment in their project must already know the risk, doing it without forced by others and etc. It means if the project dead or if they get away with our money, we already in a lose position. KYC or not, if we lose we can't do anything about it except if only want to made it as personal problem, and it can cause more problem for us.