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Topic: how do you identify a transparent project team? - page 11. (Read 1163 times)

member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
Its very hard to identify a transparent project teams because humans are created with no abilities of reading others mind, any promises a project team gives investors are still promises which can end up a failure,there is one thing many project teams always do wrong,they failed to keep investors as their first priority,i as a investor always like teams that have nothing to hide,tell us the truth of anything that is going on either it will hurt or not
member
Activity: 535
Merit: 33
here we go
I think it's rather difficult to know that their team is real or fake, I don't think too much if their identities and projects don't have reviews in internet, I prefer not to join that project. Because I prefer to follow projects with teams that are transparent on social media or active public events, and some of their project reviews in well-known media.
member
Activity: 296
Merit: 10
some projects do not publish the whole team working on the project. but there are successful, and have real developments in the market. while there are some that publish but the results of plagiarizing teams from other projects. their purpose is nothing but deception, be careful.
copper member
Activity: 686
Merit: 2
I personally don't think there's any perfect way for the identification of the project team members. Most times, the best we can do is follow the project loyally and get a realistic opinion about the project. This could be achieved by testing all facts to know if they're true.

member
Activity: 554
Merit: 11
CurioInvest [IEO Live]
If the project is a scam, it would be really silly of its team to show their true identities. In most cases, they just find some pics online and use them as the images of their “Chief Financial Officers” or “advisors,” as was seen  in Empire Card who used a picture of French actress Sabine de Poncins, little known outside of France, as the portrait of their proud imaginary CEO Patricia Harrison. There have even been reports of Ryan Gosling “working” for a project as a designer under a completely different name.   
Some scammers are, however, way more intricate. They know it’s quite easy to reveal a fake pic so they just hire people to pose as their CEOs, CFOs, and so forth. Rumor has it that certain scammers even pay homeless people to pretend they’re leading a disruptive startup to a bright and radiant future. This fraud is much harder to call out, but at least those guys help homeless people in some way, so here’s your silver lining.

Fraudsters who use other people's photos, copy white paper or engage in other plagiarism is not so difficult to calculate. They do not pose a serious danger to the crypto market. Much more dangerous are those scammers who make a completely unique project with their documents and photos. They are much more difficult to determine.
sr. member
Activity: 1036
Merit: 273
If the project is a scam, it would be really silly of its team to show their true identities. In most cases, they just find some pics online and use them as the images of their “Chief Financial Officers” or “advisors,” as was seen  in Empire Card who used a picture of French actress Sabine de Poncins, little known outside of France, as the portrait of their proud imaginary CEO Patricia Harrison. There have even been reports of Ryan Gosling “working” for a project as a designer under a completely different name.   
Some scammers are, however, way more intricate. They know it’s quite easy to reveal a fake pic so they just hire people to pose as their CEOs, CFOs, and so forth. Rumor has it that certain scammers even pay homeless people to pretend they’re leading a disruptive startup to a bright and radiant future. This fraud is much harder to call out, but at least those guys help homeless people in some way, so here’s your silver lining.


Based on what I learned about projects that it is unpredictable that is why one must really make a proper research about the project ask here at the forum that is a great option but another option is is to make it a research about it at like google or yahoo. in some cases people just want to invest and do not make any kind of research so in the end it is a scam therefore negativity starts. So, I would say learn from that mistake or if your not into researching you and just invest be ready and invest the amount that you are ready to lose.

If research does not work because people still doest have any kind of idea that the project is a scam from the very start I would suggest reallly that YOU MUST BE READY ON THE GAMBLE AMOUNT THAT YOU WILL LOSE . not being negative it is just reality when it comes joining project because if it is not a scam than the project failed possible 50 50 chances if getting your money or if you got it in the same amount you gave for them to invest from the very first place the project started.
hero member
Activity: 924
Merit: 520
I believe that there are several ways to verify the legitimacy of a project team and some are listed below:

1. Try to convince the team to conduct an AMA via online video conference and ask questions including technical ones that
    are relevant to the project (If the team don't know what they are talking about especially with development aspects, then
    we could consider it as a red flag)

2. Research and verify their social media profiles especially on Linkedin and Github profiles - (for core developers) and assess
    if they are really who they say they are and try to see their previous activity on projects they have worked on.

3. Observe if they have good community management and if they are regularly interacting with the community via social media
    channels and see if they are always ready to assist on any concerns  of the community. (most legit projects often responds
    to the community's queries mostly in a daily basis and if you didn't get any response to one of your queries, then beware of
    this project).

4. Observe if they are posting any documentation or pictures of team activities (e.g. attending a crypto conference, symposiums)
    If none of these has been published, chances are the project is a scam.

5. Additionally, you could check these threads that might be useful regarding your concern.

Guidelines, how to spot a scam ICO & report effectively
https://bitcointalksearch.org/topic/guidelines-how-to-spot-a-scam-ico-report-effectively-5004397

Scam Accusations
https://bitcointalk.org/index.php?board=83.0
member
Activity: 111
Merit: 10
I think that there is no proper way to identify a transparent project team. The only way is to avoid any unknown development team, and take part only in projects that have famous personalities in the development team.
Agreed, it is really hard to find if those people are legitimately in this field that is why I prefer to join bounty with a well-known people in the industry.

Seriously? they are taking advantage of the homeless people just for their selfish plans to make money out of their no use case tokens.
I dont think this is true, LOL surely they dont have time to do this because they dont really care.
copper member
Activity: 560
Merit: 2
We have different ways to identify if a certain project is legit or not, my strategy is I only invest in IEO now since scams are coming from ICO.
I usually look more on the reputation of the exchange rather the team behind the project as for me, that's easy to do, when a project has an IEO in big exchange, usually, it makes me confident to invest on such project as I believe I'm being help by the exchange in determining if the project is legit.

Your approach to determining a legit project is plausible, but you need to be mindful of the fact that some scam projects have a well spelt out strategy deviced to cajole their investors towards believing that they're legit. We still need to make some research to be certain that the team and project are for real.
sr. member
Activity: 2254
Merit: 258
They are transparent if they can show the real face while doing a video explaining their projects, with so many scam projects now and in the past, the only option for this developers is to be as much as transparent as they can be, or they will not get funded at all.
member
Activity: 798
Merit: 10
If the project is a scam, it would be really silly of its team to show their true identities. In most cases, they just find some pics online and use them as the images of their “Chief Financial Officers” or “advisors,” as was seen  in Empire Card who used a picture of French actress Sabine de Poncins, little known outside of France, as the portrait of their proud imaginary CEO Patricia Harrison. There have even been reports of Ryan Gosling “working” for a project as a designer under a completely different name.   
Some scammers are, however, way more intricate. They know it’s quite easy to reveal a fake pic so they just hire people to pose as their CEOs, CFOs, and so forth. Rumor has it that certain scammers even pay homeless people to pretend they’re leading a disruptive startup to a bright and radiant future. This fraud is much harder to call out, but at least those guys help homeless people in some way, so here’s your silver lining.

There are several projects where the developer team is separate and not in one office or place. It is difficult to identify the transparency of the project developer team and all we can do is research through social media that is sometimes on their website. But I think this forum several times dismantled the developer team whose profile took photos and other people's identities.
member
Activity: 756
Merit: 14
If the project is a scam, it would be really silly of its team to show their true identities. In most cases, they just find some pics online and use them as the images of their “Chief Financial Officers” or “advisors,” as was seen  in Empire Card who used a picture of French actress Sabine de Poncins, little known outside of France, as the portrait of their proud imaginary CEO Patricia Harrison. There have even been reports of Ryan Gosling “working” for a project as a designer under a completely different name.   
Some scammers are, however, way more intricate. They know it’s quite easy to reveal a fake pic so they just hire people to pose as their CEOs, CFOs, and so forth. Rumor has it that certain scammers even pay homeless people to pretend they’re leading a disruptive startup to a bright and radiant future. This fraud is much harder to call out, but at least those guys help homeless people in some way, so here’s your silver lining.

This is why i always advice people to learn how to use google image search engine or other image search engines,they can quickly give positive results on stolen identity if you know how to use them,its pretty easy,all you have to do is insert the project ceo and the teams picture one after the other, ive revealed a scam project this way in the past
hero member
Activity: 2940
Merit: 593
Leading Crypto Sports Betting & Casino Platform
If the project is a scam, it would be really silly of its team to show their true identities. In most cases, they just find some pics online and use them as the images of their “Chief Financial Officers” or “advisors,” as was seen  in Empire Card who used a picture of French actress Sabine de Poncins, little known outside of France, as the portrait of their proud imaginary CEO Patricia Harrison. There have even been reports of Ryan Gosling “working” for a project as a designer under a completely different name.   
Some scammers are, however, way more intricate. They know it’s quite easy to reveal a fake pic so they just hire people to pose as their CEOs, CFOs, and so forth. Rumor has it that certain scammers even pay homeless people to pretend they’re leading a disruptive startup to a bright and radiant future. This fraud is much harder to call out, but at least those guys help homeless people in some way, so here’s your silver lining.

I encounter one developer using people on Fiverr and Facebook to be his CEO and part of the team because they know that if they are going to get picture from the internet they will easily get caught, that is why it's very important if you are looking for the team composition that they can do group photo or questions and answer via webinar so people will know if they are really part of the team.

Team composition is very important, if you are going to invest in one project, it's important that the developers can communicate, or even important to attend one of their events.

jr. member
Activity: 238
Merit: 8
Yes, monitoring the project team from all sides will help determine whether the team is serious or just filth trying to defraud the community.
hero member
Activity: 2814
Merit: 576
We have different ways to identify if a certain project is legit or not, my strategy is I only invest in IEO now since scams are coming from ICO.
I usually look more on the reputation of the exchange rather the team behind the project as for me, that's easy to do, when a project has an IEO in big exchange, usually, it makes me confident to invest on such project as I believe I'm being help by the exchange in determining if the project is legit.
member
Activity: 375
Merit: 10
I suggest if you want to identify the truth of the team, let alone use famous figures, then I use their linkedIn to contact them directly, or look for accurate information about them on various sites on the internet, if they really support a project they will definitely make a link or link just talking about the project.
full member
Activity: 625
Merit: 100
Yes, such methods are real. Actors, homeless people, alcoholics and drug addicts. Many do so. Some look for photos on the Internet and change them. In general, confirming the identity of the team is very difficult. Of course, if they do not participate in large conferences and are not public.
full member
Activity: 798
Merit: 101
When I follow a project, I can go to their official Twitter, facebook, telegram, and of course their official website to learn about the project, or you can go to their actual office address according to the actual situation, when the project is publicity. We can go to the promotion address and check the quality of the project.
legendary
Activity: 3038
Merit: 1169
If the project is a scam, it would be really silly of its team to show their true identities. In most cases, they just find some pics online and use them as the images of their “Chief Financial Officers” or “advisors,” as was seen  in Empire Card who used a picture of French actress Sabine de Poncins, little known outside of France, as the portrait of their proud imaginary CEO Patricia Harrison. There have even been reports of Ryan Gosling “working” for a project as a designer under a completely different name.   
Some scammers are, however, way more intricate. They know it’s quite easy to reveal a fake pic so they just hire people to pose as their CEOs, CFOs, and so forth. Rumor has it that certain scammers even pay homeless people to pretend they’re leading a disruptive startup to a bright and radiant future. This fraud is much harder to call out, but at least those guys help homeless people in some way, so here’s your silver lining.

If they are paying homeless people with no other cost to gain from it then It is too good to be true, but I am not saying that it is a total scam but pay attention and take caution to it, If that is the case maybe they are just providing homeless with their charity work, But even though it is for a cause are we sure that the large percentage of it will be going to that homeless or it will be just a front.

Well, Anyway there is no other way for us to know if this certain projects are legit or not lets just be cautious because just like in my preview post there is risk in providing support for newly bounty project.
hero member
Activity: 2268
Merit: 507
Catalog Websites
If the project is a scam, it would be really silly of its team to show their true identities. In most cases, they just find some pics online and use them as the images of their “Chief Financial Officers” or “advisors,” as was seen  in Empire Card who used a picture of French actress Sabine de Poncins, little known outside of France, as the portrait of their proud imaginary CEO Patricia Harrison. There have even been reports of Ryan Gosling “working” for a project as a designer under a completely different name.   
Some scammers are, however, way more intricate. They know it’s quite easy to reveal a fake pic so they just hire people to pose as their CEOs, CFOs, and so forth.
This is known for many projects in the past. They really are desperate to ride the market by providing projects and tokens that will not have use case at all.

Rumor has it that certain scammers even pay homeless people to pretend they’re leading a disruptive startup to a bright and radiant future. This fraud is much harder to call out, but at least those guys help homeless people in some way, so here’s your silver lining.
Seriously? they are taking advantage of the homeless people just for their selfish plans to make money out of their no use case tokens.
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