Many avoid KYC because they do not want to disclose personal information. But attackers get all the necessary information that we leave living in a centralized world. I know that bank employees can sell your data to fake a loan, etc. So when I hear people avoid KYC fearing for their data, I smile.
Why are you get a smile? maybe you think that even the bank can do a shitty activity just like crypto?
I do KYC but only those trusted companies just like they are trusted for a year(s), I don't hesitate to reveal my real identity and personal data as well. But if you say ICO's project, well, I don't want to involve on that kind of asking information maybe they are exit sam.