Topic: How would you view an ICO project if it was launched by an accredited lawyer? (Read 1148 times)
June 30, 2020, 02:23:43 PM
Accredited lawyers in ICO projects are not yet possible, since ICO activities are not yet regulated by states. The presence of a lawyer among the ICO team does not provide any guarantees for investors or participants in ICO bounty campaigns. Lawyers are also sold and bought. They are also unprincipled and may abuse their position. In order for fraud to disappear among ICO projects, they need licensing by states, or at least accounting and control of their activities.
June 30, 2020, 01:29:43 PM
I think it's only from legality side i suppose? I mean it's really depends on the team itself even if they have accredited lawyer, If the team was didn't competent and just want to steal money from investor, Even with an good lawyer it's just Same, It's also applied To IEO, It's also depends on the team. So basically just do your own research , Cheers mate.
June 30, 2020, 10:35:19 AM
Who ever the CEO of the project may be is non of my business, imagine if ethereum is just getting launched today and vitalik is the CEO, won't the guy looked a lot like someone who is here for money only? Judging from appearance is 👎, what you have in your brain for crypto space is what I'm interested in not your status, I don't care
June 30, 2020, 09:07:39 AM
First of, Being a lawyer or not, It all depends how well you do on the ICO/IEO. And also, How will we know if you are a legit lawyer? Like, you can easily make copies of "Authentic" documents to prove you are legit. But with that aside, ICO right now is not the ideal way of starting up the project. Because of it's reputation.
June 12, 2020, 03:00:29 AM
Never trust anyone, it can make you lose a lot. Also never think about ICOs right now because most ICOs are scams and it is impossible for investors to profit from participating, stay away from ICOs and only invest in IEO if you are interested
June 12, 2020, 02:00:26 AM
I will not believe any information posted on the project website. because they can fake the information at any time and no one has control. When investing, I usually read their whitepaper and roadmap. If their ideas are rational and there are new directions, that will be a plus point. There are also some great partners in the crypto market that will make it easier for them to grow. That's the way I analyze a project before investing, apart from those factors, I don't care about anything else.
currently investing like that also does not provide collateral. invest in those who already have a product or those who already have a market. it will be better and promising. 
June 12, 2020, 01:08:48 AM
I will not believe any information posted on the project website. because they can fake the information at any time and no one has control. When investing, I usually read their whitepaper and roadmap. If their ideas are rational and there are new directions, that will be a plus point. There are also some great partners in the crypto market that will make it easier for them to grow. That's the way I analyze a project before investing, apart from those factors, I don't care about anything else.
June 12, 2020, 01:01:24 AM
How 'accredited lawyer' he is will be the main point to convince investors to invest in that ICO. He can be an accredited lawyer but if he doesn't know about crypto or just know little of it then he won't able to convince investors.
June 11, 2020, 01:39:14 AM
I don't care about an accredited lawyer and so are other people, what investors want must be present in the accredited lawyer's project or you will see people walking away, there are too many lessons I'm crypto space, one's status won't make people invest in coins anymore, it doesn't count
June 11, 2020, 01:35:51 AM
It doesn´t matter who is behind it, conducting your own due dilligence is always of uttermost importance. VCs tend to support people they already know, and yet still many of those fail. Beside that, it´s easy to buy a lawyer or an advisor just for the sake of being able to use his name and put it prominently on your website. Cheapest offering I ever got was 3ETH for an advisors. I assume if you want to use Pomp or Vitalik you can add a few zeros to that price.
ICOs got safer but are still something you need to do your own research about it before investing.
ICOs got safer but are still something you need to do your own research about it before investing.
June 11, 2020, 01:23:58 AM
Do not care what others say and comment. Consider the project based on your experience. There have been many companies and large organizations that recognize ICOs as well. But in the end, those ICOs became scams and disappeared from the market. Stay away from ICOs if you still want to gain profit in this market.
June 10, 2020, 06:17:55 PM
In the past, at the height of the ICO investment craze, I know that name dropping companies and "respected" individuals as advisors would almost be enough to convince investors who didn't know better.
We know that this does not apply now. Moreover, there are many fake projects that fake their team members, using the names of famous and influential people, even though they are fake. So don't be easily influenced by this kind of manipulation.Well, ICO's popularity has dimmed, investors have lost their confidence after many frauds under the guise of ICO. So IEO is the best choice, with guarantees from trusted exchanges that make investors more confident, even if they have to adapt to technical matters, at least this is a safer way.
You are not alone, I have been trapped in ICO. Let it be an experience that motivates us not to repeat the same mistakes again. It's time to choose another strategy that is better, don't just stick to the ICO, there are other opportunities.
June 10, 2020, 05:38:59 PM
Hey there everyone,
Just a curious question on the perception differences between a regular ICO and one that was run by an accredited lawyer - would that make a difference to you as in investor?
I really don't know this very well. But if you participate in an ICO project run by a recognized lawyer, this is very dangerous. Any basis to prove he is an expert or island rocket. I don't do anything when I don't know them well. You need to make sure your money is safe and profitable. That is my motto.
In the past, at the height of the ICO investment craze, I know that name dropping companies and "respected" individuals as advisors would almost be enough to convince investors who didn't know better.
Moreover, now there's a greater shift towards IEOs for scam prevention purposes with counter-party checks.
Just a curious question! Share your thoughts!
P.S. Yeah, I was one of those who invested in an ICO project called JET8 that currently has an ROI of -99.8% haha shoutout to anyone who flushed their money down this way.
I really don't know this very well. But if you participate in an ICO project run by a recognized lawyer, this is very dangerous. Any basis to prove he is an expert or island rocket. I don't do anything when I don't know them well. You need to make sure your money is safe and profitable. That is my motto. Just a curious question on the perception differences between a regular ICO and one that was run by an accredited lawyer - would that make a difference to you as in investor?
I really don't know this very well. But if you participate in an ICO project run by a recognized lawyer, this is very dangerous. Any basis to prove he is an expert or island rocket. I don't do anything when I don't know them well. You need to make sure your money is safe and profitable. That is my motto.
In the past, at the height of the ICO investment craze, I know that name dropping companies and "respected" individuals as advisors would almost be enough to convince investors who didn't know better.
Moreover, now there's a greater shift towards IEOs for scam prevention purposes with counter-party checks.
Just a curious question! Share your thoughts!
P.S. Yeah, I was one of those who invested in an ICO project called JET8 that currently has an ROI of -99.8% haha shoutout to anyone who flushed their money down this way.
June 10, 2020, 03:05:27 PM
Hey there everyone,
Just a curious question on the perception differences between a regular ICO and one that was run by an accredited lawyer - would that make a difference to you as in investor?
In the past, at the height of the ICO investment craze, I know that name dropping companies and "respected" individuals as advisors would almost be enough to convince investors who didn't know better.
Moreover, now there's a greater shift towards IEOs for scam prevention purposes with counter-party checks.
Just a curious question! Share your thoughts!
P.S. Yeah, I was one of those who invested in an ICO project called JET8 that currently has an ROI of -99.8% haha shoutout to anyone who flushed their money down this way.
Just a curious question on the perception differences between a regular ICO and one that was run by an accredited lawyer - would that make a difference to you as in investor?
In the past, at the height of the ICO investment craze, I know that name dropping companies and "respected" individuals as advisors would almost be enough to convince investors who didn't know better.
Moreover, now there's a greater shift towards IEOs for scam prevention purposes with counter-party checks.
Just a curious question! Share your thoughts!
P.S. Yeah, I was one of those who invested in an ICO project called JET8 that currently has an ROI of -99.8% haha shoutout to anyone who flushed their money down this way.
It will not make much difference atleast for a person or lay-man like me and majority of other investors here, yes it could impact positively among legal fraternity but still you have to convince them too about your project and they could respect you because you are professional from their own department.
June 10, 2020, 03:01:01 PM
I don't see any thing different in it just like in others thus I will still view it just like I did for others, which is, as a potential scam. During the era of ICO we heard many things from people who claimed to be this or that, we saw many things too and yet that didn't stopped them from carrying out their scams rather it gave them more opportunities to defraud people. In my own honest opinion, if the project is truly a good one, then IEO should suffice.
May 13, 2020, 09:53:56 AM
Not different from the other ICO I've checked, I will checked on the platform and how it can contribute to the community and of course I will check the reputation of each developers, whitepaper is also very important because so many scammers are just copying the whitepaper of other projects, past and present.
May 13, 2020, 08:47:55 AM
It's not safe, just because the brain behind a new project is a well know law man makes no difference, this won't stop things from going so damn wrong, this ain't real life investment, it's online and crypto for that matter, a haven where criminals aims for people's hard earned cash, be extremely careful
May 13, 2020, 08:14:13 AM
How can a lawyer guarantee it's a good project? I will never trust ICO projects at the moment, so all fomo people will not be important to me.
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May 13, 2020, 08:07:40 AM
doesn't make any difference, it's the investors who have the right to judge and whether the project is run by an accredited lawyer if the project is garbage it will just become yet another failure, otherwise if the project is already good from the start then it could probably pave a way to become succesfull ICO, in the world of crypto only reputable exchange could help carry the reputation of garbage project.
May 13, 2020, 05:59:28 AM
Doesn't make sense to me, a lawyer and an ICO project? What are your thoughts? Good regulations? LMAO, it's never going to happen and don't bet your trust on the project because CEO is a lawyer
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