In mid-October we rolled out a KYC smart contract suite that was designed to support any compliant product that the Hot Cross platform produces. We're a non-anonymous team that prides itself on building in a pragmatic way, meaning that some of the products we produce do not require KYC and some of the products we release do need it. Currently, the primary use case of registering with Hot Cross is for Initial Hot Cross Offerings and future launchpads. That said, it's probably a good idea to pay a one-time fee now so that when we roll out another compliant product, you'll be ready to go from the start.