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Topic: Are proofs of the real existence of the team important for an ICO? - page 2. (Read 402 times)

full member
Activity: 421
Merit: 100
The team of developers and advisers is really important to check whether the ICO is legit or scam. But to determine if it will succeed or fail depends on the trust of the investors. In whatever situation, checking the existence of the team members is significant but it is just a part of due diligence.
full member
Activity: 426
Merit: 100
Many scam projects were exposed just with the help of fake photos, it was evidence of bad intentions, the team plays an important role and it is useful to know who is in charge of the project so that there are no problems.
copper member
Activity: 995
Merit: 1
In any case, a team that is constantly on the public and open attracts more attention. So to say investor confidence. In addition to KYC, you can participate in various blockchain forums by attracting more attention.

Well, on the other hand, the team puts itself at great risk, each member. Who knows what's in the minds of crazy investors. And how the losses will affect them.
full member
Activity: 518
Merit: 100
There is no yes or no answer to the question raised on this thread. The presence of real team may be important if the success of an ICO project is gear toward team support before it could realise it's objectives and release agood product!
member
Activity: 196
Merit: 12
I think that the strong team it's already 60% of success in ICO. Ide can change, modify and upgrade. Only a good team can do a good project and become successful. And KYC for team members is a good option - it brings more confidence to investors.
jr. member
Activity: 616
Merit: 1
It's just expected that if you'd want people to follow you they have to know everything about who they are following. Nobody will just wake up and invest a huge sum of money hoping for a non existent team to deliver a project.
sr. member
Activity: 882
Merit: 269
I am currently applying on various listing sites and can see that sometimes there's a recommendation for team members to go through KYC procedure. In general, I think it's true that people care about the team listed on the website and want to be sure it's not fake.
I am managing social networks of our ICO and I wanted to hear your thoughts on whether it would be a plus to tell people more about our team, make posts about their lifes, kind of. It's just that I feel it's important that our team is almost like a family, because this affects the project development. Every morning we drink tea and eat some sweets together, we often communicate and always celebrate the birthdays of our members. For example, we had a nice birthday celebration a couple of days ago, sitting at one table, eating food, making toasts as well as discussing our ICO... I am just wondering whether posts with photos of our celebrations or morning tea drinks could bring community closer to us and be another proof that we are all real people working on a project, rather than a noname account that posts info about the project. What are your thoughts? Should posts be focused on project development or would some content about us as real people make things better?
Teams are more important to me than the projects itself.  Many scam projects originated from scam team therefore, team is the most important of any projects.  I write a review last time on a particular project and one thing I said is that no matter how good a project is if it is back up by fake or scam team it is a bad project.
jr. member
Activity: 97
Merit: 2
I am currently applying on various listing sites and can see that sometimes there's a recommendation for team members to go through KYC procedure. In general, I think it's true that people care about the team listed on the website and want to be sure it's not fake.
I am managing social networks of our ICO and I wanted to hear your thoughts on whether it would be a plus to tell people more about our team, make posts about their lifes, kind of. It's just that I feel it's important that our team is almost like a family, because this affects the project development. Every morning we drink tea and eat some sweets together, we often communicate and always celebrate the birthdays of our members. For example, we had a nice birthday celebration a couple of days ago, sitting at one table, eating food, making toasts as well as discussing our ICO... I am just wondering whether posts with photos of our celebrations or morning tea drinks could bring community closer to us and be another proof that we are all real people working on a project, rather than a noname account that posts info about the project. What are your thoughts? Should posts be focused on project development or would some content about us as real people make things better?

Total anonymity is not beneficial for a project. There must be detailed info about the team in the whitepaper, that`s clear.
On the other hand, posting photos of celebrations could be seen as too-much-information scenario. Investors may think that you`re trying to divert their attention from the project itself.
Not saying that it will definitely have this effect, but this possibility should be taken in consideration.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
It is a no brainer question, now let me ask you, are you really going to invest into a team that has no prove that they even exist? pretty sure that everyone would definitely say no
The real existence of the devs also a key to determine whether an ICO is scam or not, bad or good. It's among the most important factor to be considered when you are trying to figure which ICO is good.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
It is absolutely necessary for an ICO to show their team because people believe in transparency and in order to achieve that an ICO should definitely need to display the profiles of the people they are working with. People could then look out for the team so that they know who the developers are.
Many people don't invest in such ICOs which doesn't have a good team or don't show transparency.
newbie
Activity: 25
Merit: 0
It is understandable that people want proof as there is a common saying that seeing is believing and how ICO's are it is natural to be cautious by doing your research before taking any steps.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
I think the existence of the team is important but it doesn’t actually change anything to be honestly
Hashcard has a real team amongst other things
Beautiful whitepaper, sweet project; they even delivered cards to investors
They ended up running always with over 100,000,000 dollars


Scammers are scammers,and thats the sad reality

But i dont think that hashcard has a REAL TEAM behind because if that's indeed,for sure bars and cells are waiting for them regarding this issue

After all,ico will never be good and trusted again and not like before when they are legits and reliable
member
Activity: 574
Merit: 10
For sure, it is the most important thing. Why do they make us passing KYC and don't pass by themself? Looks like double standards , I do not accept this. I want every single team launching ICO MUST pass KYC process. SEC should do something about it. I faced plenty of ICOs where participants adjusted fake photos of team and resulted scam! But at the same time even teram passed KYC can make a scam. I have such examples like Envion and Centra
full member
Activity: 1820
Merit: 107
I am currently applying on various listing sites and can see that sometimes there's a recommendation for team members to go through KYC procedure. In general, I think it's true that people care about the team listed on the website and want to be sure it's not fake.
I am managing social networks of our ICO and I wanted to hear your thoughts on whether it would be a plus to tell people more about our team, make posts about their lifes, kind of. It's just that I feel it's important that our team is almost like a family, because this affects the project development. Every morning we drink tea and eat some sweets together, we often communicate and always celebrate the birthdays of our members. For example, we had a nice birthday celebration a couple of days ago, sitting at one table, eating food, making toasts as well as discussing our ICO... I am just wondering whether posts with photos of our celebrations or morning tea drinks could bring community closer to us and be another proof that we are all real people working on a project, rather than a noname account that posts info about the project. What are your thoughts? Should posts be focused on project development or would some content about us as real people make things better?
For me its very important because it will show more trust and chances to reach the HardCap.The team must visible to the potential investors to show some confidence about the project. It really helps a lot in this kind of market situation and of course the project's product and Services offered also has a strategic importance.
legendary
Activity: 2394
Merit: 2223
Signature space for rent
Team isn't only important, team is backboon of an ICO. There is team behind of every ICO, but most of them hide identity. But it's not a good practice for crypto currency. For me if team is hide, that means they want to scam. Otherwise why they need to hide themselves? Lot of ICO's have been using fake photo. I will never believe them even they have listed on exchange. A potential and experienced team could success on ICO. Obviously you should show up your team. Not like life story, but team could arrange conference and show it live. And they can meet up with blockchain specialist from worldwide and can broadcast  on YouTube. Than community will trust them that they are real. And a real team is most important for ICO.
jr. member
Activity: 31
Merit: 7
Yes, team details is important for trust, especially when your product is not working, if your product is alredy a working model then team information is not that important.
full member
Activity: 406
Merit: 100
I think Kyc is needed for the trust of investors and in my opinion the team must also provide information on the progress of the project
member
Activity: 252
Merit: 10
It all depends on the project, how good it is for me. For example, KYC transmission will not be a problem; Many projects, even after passing KYC, turn out to be scammers, so everyone is so wary of
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
I think the existence of the team is important but it doesn’t actually change anything to be honestly
Hashcard has a real team amongst other things
Beautiful whitepaper, sweet project; they even delivered cards to investors
They ended up running always with over 100,000,000 dollars



exactly ... stick with pow coins with fair release

actually just stick with btc and you will be okay

for most noobs and those that have no deeper understanding here just stick with btc or get raped hard.
copper member
Activity: 210
Merit: 0
if a team shows something of itself, it certainly is very good to build trust in the people and the project. i automatically have more confidence in a project, if i can connect it with people and i can see how these people are working on the project.
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