What is the pros and cons of doing the KYC during the ICO or post the ICO?
I've participated in many ICOs, some of the force you to do the KYC before you can buy their tokens, others they wait and later send you a KYC email/request. so i am wondering what are the pros and cons of each approach
In relation to investors ICO, here it is necessary to decide for each person how to act in a particular case. If you need their new tokens, you can wait until they are listed on the stock exchange and fall in the price, then buy them without any KYC checks.
As for the participants in the ICO generosity campaign, such a KYC check on them is not legal at all. We are not investors and therefore there is no need for us to conduct such a verification. The ICO teams here either are reinsured, or they want to get your identification data and run away with them and the money collected, or if such a claim is declared after the completion of the ICO, in order not to pay the tokens earned by the hunters.