What Are the Limitations of a Third-Party KYC Service for ICOs?
KYC only verifies identity, not competence or ethical intent. A team can be fully identified but still launch a failed or fraudulent project.
The KYC service itself might be unreliable or compromised. Furthermore, some services only verify the core team, leaving key developers or contractors anonymous.
It is a necessary but insufficient step for comprehensive due diligence.
