how do you identify a transparent project team? - page 4.

Nihyfehmih

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Quote from: 1000alasan on September 05, 2019, 12:13:00 AM

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 is no way to know if a project is a scam or not. No scam project will even notify you anywhere in their spread sheet or white paper that they are not legit. The best thing is to read well about the project and if they are convincing enough, you can join. If not, you need to trust tour gut and take any decision you consider needful

angrybirdy

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Quote from: Kambal2000 on October 20, 2019, 12:58:02 PM

Quote from: ololajulo on October 20, 2019, 12:52:54 PM

Quote from: BRODIN on October 19, 2019, 07:47:43 AM

The world of cryptoqurrency is very anonymous and this anonymity is not only in forums, communities, transactions, projects, and even the faces of developers & teams. so, there is no really appropriate way to identify them, including identifying through video calls. it is not entirely a guarantee if they are valid. so follow your heart & it's important you make sure that they are the team responsible for some of their previous experiences.

The anonymity does not go for ICOs, every investor has the right to know the team behind the project and If they are not willing to provide information about themselves then they are not fit to be funded. Its disheartening that those with known identity still scam let alone those not opening up. Some top members of this forum are known so this community is not actually anonymous.

Indeed. It is their duty and responsibility to be trusted by people who are interested to invest their project. They need to build trust and transparency so we should know them well not only on their linkedIn but also they need to have AMA, or any live session regarding what they are doing and vision about the project and as much as possible they should attend blockchain events too.

Identifying the real identity of the team project is the first step to gain the trust of their investors. Without giving any information they just make it clear that they are not sincere in developing the project and they will only show the community that they cant be trusted.
A transparent project gives any legal information and updates regarding the whole project to its community, its their responsibility and priority.

Kambal2000

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Quote from: ololajulo on October 20, 2019, 12:52:54 PM

Quote from: BRODIN on October 19, 2019, 07:47:43 AM

The world of cryptoqurrency is very anonymous and this anonymity is not only in forums, communities, transactions, projects, and even the faces of developers & teams. so, there is no really appropriate way to identify them, including identifying through video calls. it is not entirely a guarantee if they are valid. so follow your heart & it's important you make sure that they are the team responsible for some of their previous experiences.

The anonymity does not go for ICOs, every investor has the right to know the team behind the project and If they are not willing to provide information about themselves then they are not fit to be funded. Its disheartening that those with known identity still scam let alone those not opening up. Some top members of this forum are known so this community is not actually anonymous.

Indeed. It is their duty and responsibility to be trusted by people who are interested to invest their project. They need to build trust and transparency so we should know them well not only on their linkedIn but also they need to have AMA, or any live session regarding what they are doing and vision about the project and as much as possible they should attend blockchain events too.

ololajulo

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Quote from: BRODIN on October 19, 2019, 07:47:43 AM

The world of cryptoqurrency is very anonymous and this anonymity is not only in forums, communities, transactions, projects, and even the faces of developers & teams. so, there is no really appropriate way to identify them, including identifying through video calls. it is not entirely a guarantee if they are valid. so follow your heart & it's important you make sure that they are the team responsible for some of their previous experiences.

The anonymity does not go for ICOs, every investor has the right to know the team behind the project and If they are not willing to provide information about themselves then they are not fit to be funded. Its disheartening that those with known identity still scam let alone those not opening up. Some top members of this forum are known so this community is not actually anonymous.

semobo

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Quote from: JuliaJi on October 19, 2019, 02:44:12 PM

I am using ICObench site, there team of different projects passing KYC, so when team are honest they are passing Kyc and have high rating

ICO ratings suck,they will give high rating if they pay them high amount so this is just investing small to make more,You have to DYOR in crypto investments.

JuliaJi

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I am using ICObench site, there team of different projects passing KYC, so when team are honest they are passing Kyc and have high rating

craZyLovE0916

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you can detect when a team is transparent because their real faces are displayed on their website and also their names. You may even be able to find their Facebook profiles or their Twitter profile.

semobo

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Projects with legit identity cannot be trusted as good project but the sad reality is we don't have better choice than this method to find scammers but everything here is risk so we are going to take or just invest on the old projects?

mintme.com

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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!

uray

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Quote from: ?? on ??

This is happened because the ease of creation erc-20 tokens. And people who want to scam just need to make a static website which just cost less than $50 if they want to hire someone to make it.

Scammers will get attracted to anything and so was the case with ETH platform as majority of the projects started to make money in a short period of time and they hired people from here to promote the projects and get more audience.

Quote from: ?? on ??

And one social media admins to handle the tricked investors. I think the creation of new tokens should cost higher so project scams will be less

The biggest problem was that the users here were helping the scammers in the form of community managers and bounty managers and the lies on how much money they raised were exposed later and got tagged but these stupids helping these scammers for pennies was just ridiculous.

fortunecrypto

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Quote from: 1000alasan on September 05, 2019, 12:13:00 AM

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.

One of the easiest way I can think of is holding a q and a or webinar where people can ask questions and details about their platform, so we'll know if these people are real experts and they really know what they are talking and they have the capability to launch their project and sustain it in a long term.
But these is not a guaranty that they are not going to scam people, they can get their project in the exchange but they can delay their roadmap with their weak alibi of market is not good.

BlackFor3st

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Quote from: 1000alasan on September 05, 2019, 12:13:00 AM

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.

That is the evolution of scammers, meaning they will create a unique way to make sure that they will not be identified easily that they are scammers.

But frankly speaking in these days, it's very difficult to check 100% that this certain project is a genuine one even if they are using their own names and pictures there is guarantee that they will not run our investment money once it will reach to their hands.

barnes13

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Quote from: 1000alasan on September 05, 2019, 12:13:00 AM

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.

For this case it is rather easy to detect if they are using a photo of a famous person, we just need to check it with a tool to check the authenticity of the photo and if the photo is fake it will appear several photos similar to that but with different identities.

Quote from: 1000alasan on September 05, 2019, 12:13:00 AM

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 indeed the most difficult and most investors are fooled by this trick, but if you examine it carefully then other alternatives you can learn what they really do. If they provide the new innovations and clear solutions, then our doubts can be reduced because of this. Another way you can also verify their office address, if you live outside the country, you can search and check it through google street view.

cotton ball

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Quote from: 1000alasan on September 05, 2019, 12:13:00 AM

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.

We can easy to know with fake team to identify scam project before investing, they always give us social media account for every team and owner, we can check with their media account from facebook, twitetr and isntagram account, we know how trusted them with history of their social media account, have create in long term or just new account create by team and ICO owner, never join with ICO where team use new social media account.

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Quote from: Wysi on October 19, 2019, 07:54:10 AM

Quote from: BRODIN on October 19, 2019, 07:47:43 AM

The world of cryptoqurrency is very anonymous and this anonymity is not only in forums, communities, transactions, projects, and even the faces of developers & teams. so, there is no really appropriate way to identify them, including identifying through video calls. it is not entirely a guarantee if they are valid. so follow your heart & it's important you make sure that they are the team responsible for some of their previous experiences.

Yes we can guage them by their previous projects and other factors like qualifications and other details like their real life portfolio by doing more research as we cannot just go by what they mention in their ICO page and yes if they want to gain more investment and if they are genuine then they have to come out of the anonymity and reveal themselves.

what you say is true, there is no sure way to identify a transparent project team and some other factors may only exist in us in determining projects that are worth following and not spending all of our money on a project. I see the project through the background of the team's experience and not just the appearance of the project whitepapper.

bonyaserg

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From personal experience I can say the following since a large number of projects passed through me. And you can almost immediately determine which project is transparent or not. Yes, you can quite rightly determine the photographs as the entire project team is fake. And also by many other factors you can determine. But recently, scammers have begun to deceive so much that they almost fall into their trap. And only then you realize that this project is not real.

ringgo96

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Quote from: ImSuparmin on October 15, 2019, 07:21:19 PM

A transparent team is a team that is completely open in everything, both in performance and everything in the whitepaper, but now a lot of ICO's are really transparent and this is used by people who are not responsible for cheating everyone, I think crypto should be even more serious in solving this problem maybe by having more terms and conditions for creating an ICO.

This is happened because the ease of creation erc-20 tokens. And people who want to scam just need to make a static website which just cost less than $50 if they want to hire someone to make it. And one social media admins to handle the tricked investors. I think the creation of new tokens should cost higher so project scams will be less

In addition, there must also be permission from every project that wants to do ICO or IEO and other funding methods so that they cannot cheat with various concepts which are only rubbish to fool many people. and what is clear is that this surveillance starts from everyone to be able to escort him

IvugeoEvolutionCoin

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Quote from: ?? on ??

identifying the team based on experience in managing previous projects, then making sure Whitepapper is real or not, a good team always updates the development of projects in each of their channels such as social media, and also the team does not distinguish between where investors are and also where prize hunters are. because I was once offended in the Telegram channel by questioning the development of the project at that time Grin

Some fake team members might use a powerful strategy which will make it very difficult for investors to find out they are fake. For instance, if they do real-time videos, keep social channels very active, etc just hiding behind the mask, it won't be easy to know they are not real. A fake team for me implies the team is not ready to put in funds gotten from token sale in project development, and not how active they are. I think it's high time we got this straight, if we go by how great the white paper is for instance, it won't be easy to detect a fake team.

Wysi

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Quote from: BRODIN on October 19, 2019, 07:47:43 AM

The world of cryptoqurrency is very anonymous and this anonymity is not only in forums, communities, transactions, projects, and even the faces of developers & teams. so, there is no really appropriate way to identify them, including identifying through video calls. it is not entirely a guarantee if they are valid. so follow your heart & it's important you make sure that they are the team responsible for some of their previous experiences.

Yes we can guage them by their previous projects and other factors like qualifications and other details like their real life portfolio by doing more research as we cannot just go by what they mention in their ICO page and yes if they want to gain more investment and if they are genuine then they have to come out of the anonymity and reveal themselves.

BRODIN

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The world of cryptoqurrency is very anonymous and this anonymity is not only in forums, communities, transactions, projects, and even the faces of developers & teams. so, there is no really appropriate way to identify them, including identifying through video calls. it is not entirely a guarantee if they are valid. so follow your heart & it's important you make sure that they are the team responsible for some of their previous experiences.

Topic: how do you identify a transparent project team? - page 4. (Read 1163 times)