Most ICO projects now require KYC verification to avoid fraud and increase project reliability. But verification of KYC also caused a lot of anxiety for investors because of concerns that their registration information was disclosed to the authorities. I think that in order to ensure a sustainable development of the cryptocurrency market, it is inevitable that sooner or later there will be a functional agency managing ICO projects to make it more transparent.
Having a certain agency handle the KYC information is probably more safe. I was hesitant to submit my documents because I don't want to experience hacking and identity theft but I don't have a choice but to comply with the ICO requirements. Hope there is actually other ways to prove my existence while protecting my important information.