I say no on a broader prospect. ICO is a very controversial method of raising funds and banned in USA and China. I have seen a numbers of ICOs those who have ran away with investor's money or never came back with the promised product. So I don't personally feel safe to share my identity information with the ICOs.
I am not saying that all ICOs are scam but just to save my own data, I don't feel safe to share my identity information with them. Because we don't know are they going to be a legal one or an illegal one. So I would avoid such ICOs who ask for ID verification for the investors. However, it is just my personal opinion and may differ from others here.
ICO is most definitely not BANNED in the USA. KYC and AML are two mechanisms which are being integrated into ICO to ensure the integrity of the ICO and protect the investor. ICO are moving toward being treated as Securities but this does not mean they are banned. You must simply comply with the legislation under the SEC.
What you should know about an ICO asking for this level of identification is if they are in the USA and plan to advertise to Americans for fundraising. This KYC and AML will most certainly be required in the near future and many ICO are agreeing to start without having to be mandated.
If this is NOT an ICO in the USA advertising to Americans then you might just ask them if it is required since you are not American passport holder and they may allow you to invest without these requirements.
But I would guess it is just easier to ask from anyone investing in the ICO and not try to sort through each request.
Additionally you are going to see much more of this and should be prepared to adjust accordingly.