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Topic: Anonymous a red flag? - page 5. (Read 612 times)

copper member
Activity: 1428
Merit: 253
March 30, 2021, 12:23:14 AM
#6
new project anonymously. to me, it is a warning to stay away from it.
indeed not all anonymous projects are scams. but you can analogize how a project without a team is clear that they can collaborate with other projects. or how they can manage their market well without you partnering with other projects or platforms.
building market confidence is very important.
but this case seems different from bitcoin. so don't confuse them.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
March 30, 2021, 12:17:59 AM
#5
Surely it is  Roll Eyes. an airdrop? we can tolerate since we won't get asked for money anyway but we should be aware of information stealing as well but other than that (more specifically if asking for support like in money) feels kinda ridiculous, they are asking a support from us (if they do) but decide to keep their identity secret just to save their ass, if thing goes south. even worst if they also ask for KYC (i've found this kind of ICO in the past that prefer to stay anonymous but asks KYC).

The crypto space isn't lacking new projects anyway, better stay away that's my advice.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
March 30, 2021, 12:13:45 AM
#4
Really depends but in my opinion if they are asking for money like creating ICO or any other crowdfunding method and decides to stay anonymous then that's a huge red flag for me, doesn't matter how good a project I won't invest to some projects that decide to hide their identity, it's like giving away money to stranger and hoping to get your money back with profits but that's just my preference to choose a project that has clear identity of who behind the project.
legendary
Activity: 2534
Merit: 1338
March 30, 2021, 12:11:36 AM
#3
I'm doing a research on a new project right now and I see that the team decide to go anonymous, is staying anonymous a red flag for newbies?
In the vast majority of the cases the answer is yes, this is a massive red flag that should not be ignored and you should not invest in any project unless they have a solid reason to justify their anonymity, are the developers creating a coin that has strong anonymity features like monero? If that is the case then some justification could be made for their behaviour but other than that it is inexcusable and you should stop even looking at the project and look for another one, after all it is not as if we have a shortage of new coins.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
March 29, 2021, 11:59:38 PM
#2
This question has been asked multiple times:
https://bitcointalksearch.org/topic/anonymous-teams-5285642
https://bitcointalksearch.org/topic/--5276555
https://bitcointalksearch.org/topic/if-an-ico-team-is-anonymous-is-it-a-scam-5069219

It depends on the project. If it requires you to "invest" money, then it's a major red flag. BTC founder is anonymous (pseudonymous, to be precise), but he didn't sell anything, not ICO/IEO or any of that stuff.
member
Activity: 285
Merit: 11
$CYBERCASH METAVERSE
March 29, 2021, 11:25:24 PM
#1
I'm doing a research on a new project right now and I see that the team decide to go anonymous, is staying anonymous a red flag for newbies?

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