Topic: how do you identify a transparent project team? - page 2. (Read 1163 times)
With all sincerity, it is very difficult to identify those using fake identity because no matter the solution we provide, they will always be ahead because before you provide the solution they are already aware of the system of the solution. Though some experts are doing their best to fish them out but the rate of the success is very low.
Well, I don't just trust the team because they have so much award and recommendation in linkedIn, I don't just look for what was their educational background, I want to know their real expertise in that kind of project, I want to know their real identity and how much they are dedicated and devoted with the project they will launch. Making AMA will always be a great thing for me so I will know their real purpose.
Of course, it is difficult to detect whether the project is real or scam only from one side, the best thing is to ask for advice from seniors and experts in this forum, if most say scam then I will avoid it.
It is difficult to distinguish good projects from scams today because scam projects sometimes prepare everything well. But if the developer team continues to communicate the project to its community and also has a partnership with a reputable company, I think the project should be considered a worthy investment.
I have my own opinion how to know the project is good or scam. first we see the concept and the product, whether it makes sense and can be used in real or not. many project teams actively share information every day but that they are not really develop their products correctly. don't just focus on the "project team background", look at the whole and we also need to be smart. the project might look legit but in the end no one knows.
a transparent project team is might be a team that dares to show themselves in public, without having to hide behind skype video calls (fellow project team) or behind a green screen.
they force us to show our personal data (KYC) when we want to invest, on the contrary they should also be brave to show their identities in public so that there is an equal responsibility. fair enough, i think.
Well, I don't just trust the team because they have so much award and recommendation in linkedIn, I don't just look for what was their educational background, I want to know their real expertise in that kind of project, I want to know their real identity and how much they are dedicated and devoted with the project they will launch. Making AMA will always be a great thing for me so I will know their real purpose.
Of course, it is difficult to detect whether the project is real or scam only from one side, the best thing is to ask for advice from seniors and experts in this forum, if most say scam then I will avoid it.
It is difficult to distinguish good projects from scams today because scam projects sometimes prepare everything well. But if the developer team continues to communicate the project to its community and also has a partnership with a reputable company, I think the project should be considered a worthy investment.
I have think about this and i can't find an answer, how will you know that a team cares about investors without trying them out first? promises comes first from every project's team and you will have to give it a try to know the end game
The answer to this is very simple. You read comments and opinions of those who did deal with them and know something. If there's nobody like that you have to investigate yourself.
For starters you can check if their photos and credentials are real. If they're lying about their previous projects and experience or don't want to give their real names it means they're not trustworthy.
As a project member you can stay private and always care about your own privacy. It is your right and smart thing to do. But to stay anonymous as project member? Very hard and not trustworthy. Nobody who is anonymous as project member, CEO or whatever is not spending money he earned anonymously when he is at that point. At that moment being anonymous is not important anymore but how well this individual is doing in life is. At least for him.
Being anonymous or wanting to be hidden because of crypto project is wrong. But to steer your team within regulations available, helping make aware the community to raise voice and help change the regulations and still keeping your persona private is great and right thing.
2 years ago there was huge resistance in regards to exchanging crypto assets to fiat and use them with prepaid card. Till today we all made KYC for same cards, some reporting is done from financial institutions side towards regulators, no changes for regular users, loads of space for you to move privately but not anonymously. Isn't that great?
To sum it up. We all have right to be private even confidential but being anonymous or wanting to be, you don't need to be. It would mean you are hidding something or you did something wrong. But even if I am a president of USA it is my right to have my privacy when I do the '2nd thingy' in the toilet reading confidential reports.
Well, I don't just trust the team because they have so much award and recommendation in linkedIn, I don't just look for what was their educational background, I want to know their real expertise in that kind of project, I want to know their real identity and how much they are dedicated and devoted with the project they will launch. Making AMA will always be a great thing for me so I will know their real purpose.
Of course, it is difficult to detect whether the project is real or scam only from one side, the best thing is to ask for advice from seniors and experts in this forum, if most say scam then I will avoid it.
I have think about this and i can't find an answer, how will you know that a team cares about investors without trying them out first? promises comes first from every project's team and you will have to give it a try to know the end game
The answer to this is very simple. You read comments and opinions of those who did deal with them and know something. If there's nobody like that you have to investigate yourself.
For starters you can check if their photos and credentials are real. If they're lying about their previous projects and experience or don't want to give their real names it means they're not trustworthy.
Well, I don't just trust the team because they have so much award and recommendation in linkedIn, I don't just look for what was their educational background, I want to know their real expertise in that kind of project, I want to know their real identity and how much they are dedicated and devoted with the project they will launch. Making AMA will always be a great thing for me so I will know their real purpose.
See the team of Liber T token on www.liberttoken.com you will see all are genuine. Social media profile should speak for themselves.
Well, even the photo CEO of Exchanges can also be made as an advisor that makes people trust the projects they develop. indeed it is very difficult to ascertain whether they use real people or only photos. because not all scammers easily fool people. sometimes their ways are so subtle at the start of a project that no one is suspicious of the identity or transparency of a team.
It is so easy today to introduce yourself if that is the intention. It can be as boring as KYC or project team puts some effort in it.
If in EVE Online fleets of thousands of pilots communicate same way we do, only they are more efficient.
Which dev had ever made a funny video from home LAN party when some smoked guys are playing with blockchain?
Not many I think.
If in EVE Online fleets of thousands of pilots communicate same way we do, only they are more efficient.
Which dev had ever made a funny video from home LAN party when some smoked guys are playing with blockchain?Not many I think.
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.
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.
It is really tricky and difficult to determine the legitimacy of the project on pictures alone. I wonder if the project team could present a video of themselves like it's a normal day on the office or some information/promotional video. If they could explain the project extensively. Or, make live video updates on social media platforms. Though, these are not enough proof, at least it is a start.
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.
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.
It is really tricky and difficult to determine the legitimacy of the project on pictures alone. I wonder if the project team could present a video of themselves like it's a normal day on the office or some information/promotional video. If they could explain the project extensively. Or, make live video updates on social media platforms. Though, these are not enough proof, at least it is a start.
I have think about this and i can't find an answer, how will you know that a team cares about investors without trying them out first? promises comes first from every project's team and you will have to give it a try to know the end game
The answer to this is very simple. You read comments and opinions of those who did deal with them and know something. If there's nobody like that you have to investigate yourself.
For starters you can check if their photos and credentials are real. If they're lying about their previous projects and experience or don't want to give their real names it means they're not trustworthy.
I seriously doubt that anyone needs the photo of a homeless person, people can easily source pictures from social media, old articles and generally everywhere.... I think this rumor is far from the truth!
I think this information is provided just as an example).You have never seen photos in the ICO of truly homeless people.And that's a fact.So you need to look at the team from a different angle.Watch their activity, number of friends, date of registration.This is the minimum number of steps required to determine the veracity of the command.
Honestly, why will scammers go to the trouble of displaying teir real identity on the internet when they already made up their mind scam people?thinking about it now makes me somewhat believe that most displayed pics on teams website are not theirs, best way is to verify those pics to get the metadata details.
Just finding a project with "transparent project team" does not guarantee you that the project won't scam. I have seen projects were the teams were completely public but then they ended up scamming people (not directly but in an indirect way where people couldn't blame or point out the team but they were at fault). Even teams like those can fail to deliver (probably on purpose) and waste all investors money.
I typically ask some questions in their telegram channel. If their answer is convincing, then only I will think further about it. Especially, questions about team members could be highly beneficial.
To identify the transparency of a team, I think you can see it by going on their telegram group and asking some questions. They should entertain any type of questions even stupid ones. And I think that they should be the one that is engaging to people on their group.
It seems not enough to identify a project via telegram alone. because the nature of the scammer is very cunning, he even pretends to be someone very shrewd. One way to avoid fake project teams, first I look at the biography, find out about its whereabouts, and do research carefully. the latter, often asking or discussing fellow struggles in the crypto world.This is my own definition of transparent project team
1. They always put investors first
2. They always listen to investors opinions
3. They aren't shady, even if there is fund issue
4. Head office address are legit and they allow visitors, just to show they are real
5. No fake advisors or fake pictures or stolen IDs
good points to apply in analyzing the project, I agree to the project team that listens to complaints from investors, because basically the investor and the project team are a collaboration for the progress of a project, then discussion to solve problems together is highly recommended.1. They always put investors first
2. They always listen to investors opinions
3. They aren't shady, even if there is fund issue
4. Head office address are legit and they allow visitors, just to show they are real
5. No fake advisors or fake pictures or stolen IDs
The only way how to verify if the team is legit is by checking their profiles on Linkedin. Their profile should be verified, with long and rich history. But we have seen many times that even the team looked trustworthy exchanged their credibility for quick and easy money.
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