They demand the KYC process for the people who lived in a very strict country for cryptocurrency like the US, if certain ICO requires the said policy for all of their investors disregarding their local country then it is most likely a fraud or scam project, they are killing the very essence of cryptocurrency which is to be anonymous, most of the centralized exchanges require their customer to reveal their identities like my local exchange for bitcoin and virtual local fiat, they need to verify the identity of its user in order to use the cashout function, they are also subjected to KYC policy given that they are officially licensed and permitted by the government to operate and collect the customers data, so the assurance is there. but for an ICO that collects data for no other reasons besides the countries restriction is questionable.

KYC for bounties rule used by ICOs to not pay bounty hunters . Bounty hunters do not buy/invest , they just receive their token after listing on exchanges , so why they should do kyc ? They'd better make a rule :"KYC for everyone who buy our currency on any exchange". In this case they can leave their shitty tokens to themselves , because no one will buy it using decentralized exchanges 

KYC is a big no no for cryptocurrency because as we all know there are plenty of hackers here in cryptocurrency thus being anonymous is one of our safety rights. There are quite bounties that requires to answer an KYC form before letting them get their coins it is really dangerous for us to give our identity to the people we dont know im hoping mods and admin here in BCT will auto ban bounties that requires KYC.

Thanks for the wonderful information, it's been few ICO that is requiring KYC "KNOW YOUR CUSTOMER" on their investors.
And then now even on their bounty program they are asking KYC for the participants, I have doubt on the purpose on this and what are they trying to get with this, but of course at first I am really thinking of identity theft, as it is a valuable information and people are not just from one country but for more than 10 countries and this information really worth as they are getting passport or government-issued IDs.

This development is really an issue for bounty hunters. The bounty managers do not tell participant before they start campaigning . KYC is made mandatory at the end of the campaign when you are waiting for your reward.

Exactly. This is my biggest concern, why don't they tell us that they are going to run KYC? I simply can't handle my personal data to completely new companies.

I believe that the company needs to inform about the necessary identity verification, before the start of the ICO or the bounty campaign. Many do it at the end, putting a person in an uncomfortable position.

I already met the second bounty campaign, which requires KYC from me. It really annoys me. I do not understand why they did this. As a bounty hunter, I do not invest any money. Why must I go through it? KYC is appropriate for investors, especially for large ones.

Asking KYC for a bounty campaign is quite harsh for bounty hunters because they have not invested in the project. But I think that in the long runs perhaps the ICO sale and even bounty campaign will require KYC because this proves your identity to avoid too many registrations causing rioting should happen. KYC thinks that a good form should be applied in the cryptocurrency market to limit fraud.

Thanks for the thread, it has a lot of usefull information. By the other hand, around a 90% of the new ICOs are asking for the KYC form as a requirement. Cheers