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Topic: how do you identify a transparent project team? - page 12. (Read 1172 times)

hero member
Activity: 2352
Merit: 953
Temporary forum vacation
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.

Not really. Some people even prepare a story well in advance. Trust me it has happened.

People think, okay I have reputation and trust, let me just scam for one big project and retire with all the money. Maybe people hate me but I have a story prepared. Maybe a hack and exit scam. And look like I am trying to fix things for 2 years until everybody is tired,,, then I stay low for a few more years. When everybody forgets I enjoy my money.
jr. member
Activity: 296
Merit: 1
the problem is very difficult to identify transparency in the profile of the developer and the project team, in this case I am sometimes confused to distinguish it because most projects currently seem real, well maybe a good way for me to browse through the various sources available, and of course take the time to research them before joining .
sr. member
Activity: 860
Merit: 253
SmartFi - EARN, LEND & TRADE
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.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform

They help the homeless people to get a few bucks but scammed the investor with a ton of bucks and does it look good?
it looks like this time with the launch of launchpads in various exchange site is helping it a lot.
It's even not possible to identify the fraud when that scammer was using the homeless people as fake CEO and many more. But strict validation from the expert will help a lot but this time it's impossible to reveal the true identity without creating a real meet up.
This time im only using reliable exchange site to identify the transparent project team.

legendary
Activity: 3080
Merit: 1500
There is no proper way to identify a transparent project team. Because if a group of scammers use homeless people to disguise their own identity, there's no way we can identify their scam attempt. Using photos of models and actors may have a sideline chance that at least some people would identify them, but that's not the case for homeless people! So there's no correct process to identify such scammers!

You can't believe the advisors as well. Because in most cases, these advisors are paid hefty money by the project team just to feature their name in the team. In majority of the cases, the advisors themselves don't know much about the project! That's one of the many reasons why ICOs have lost their credibility very quickly and IEOs emerged! 
jr. member
Activity: 308
Merit: 1
There is no way to know for certain that the people presented to you on the landing page are genuine team members. In theory, it’s possible that the project in question is the first one they’re involved in, so you won’t find too much of a backstory for them. However, if all of them are virtually untraceable, that’s a good reason to have second thoughts.
So, what to do? Always check up every team member presented to you on the project’s website. Use TinEye or Google Images to see if the person on the picture is really what the caption says. Check all their social media profiles. See if they’ve been in the industry for a long time, or have posted anything relevant a year back. If you see that the team is completely inexperienced, and half of them even don’t show their real faces, that’s the red flag for you.   
newbie
Activity: 13
Merit: 1
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.
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