So this project is based in Australia? This is what I see at first page of this thread.
"We are incorporated in Australia and part of our AML/CTF legislation requires us to collect KYC information for certain services to be compliant with ASIC for all token distribution during our TGE / ICO"
Blockchain technology is gaining popularity in different part of the world. This is first project I am seeing from Australia. At least I am not aware of any such project.
It's good to see more projects across the globe, but certainly not Australia's first project,
Check out powerledger, massive project which got the green light from the government too.
Nevertheless, it's nice to see more and more projects pop up from all around the globe