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Topic: If an ICO team is anonymous, is it a scam? - page 11. (Read 4401 times)

copper member
Activity: 196
Merit: 0
December 03, 2018, 08:10:09 PM
I have earned money from ICOs, especially from the bounties. Although earning very little amount but at least I still can get money during the bear market happened.
member
Activity: 756
Merit: 12
December 03, 2018, 08:02:17 PM
Its true that satoshi remain anonymous but he/they never selling coin or doing ICOs. Better choosing ICOs with good profile of developers team because the team holding the key to successfull the project
member
Activity: 434
Merit: 18
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
December 03, 2018, 06:25:34 PM
Yes. It is most likely to be a scam than not. If you will check, they don't have their own identity and everything seems to be unknown. Nothing will be good if they handle an ICO as their main purpose is just too spread confusion without having someone to blame or be responsible of. Not sure why someone would invest on an ICO with unknown staff.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
December 03, 2018, 06:20:40 PM
I don't think that anonymous is a good in ICO. Team should be public, the team can easily make scam. As for me, I wouldn't invest in this ICO, maybe only after listing I'll buy their tokens.


an anonymous team from an ICO project doesn't mean if the project is a scam project
but, the risk is higher if the team didn't want to show up their face, because we don't know who is the real people behind the project mate
and mostly people will stay away from a kind of ICO project like that
but, the most important thing is we do our research with the project before investing buddy  Wink
Most of scammers are not revealing their identity and this was having a lot of percentage if the anonymous team is scammers. How many times I have been seeing that has already happened.
It was involving very high risk. Event the identity can be faked.
sr. member
Activity: 994
Merit: 250
BabelFish - FISH Token Sale at Sovryn
December 03, 2018, 06:09:11 PM
I don't think that anonymous is a good in ICO. Team should be public, the team can easily make scam. As for me, I wouldn't invest in this ICO, maybe only after listing I'll buy their tokens.


an anonymous team from an ICO project doesn't mean if the project is a scam project
but, the risk is higher if the team didn't want to show up their face, because we don't know who is the real people behind the project mate
and mostly people will stay away from a kind of ICO project like that
but, the most important thing is we do our research with the project before investing buddy  Wink
full member
Activity: 350
Merit: 100
December 03, 2018, 03:59:05 PM
I don't think that anonymous is a good in ICO. Team should be public, the team can easily make scam. As for me, I wouldn't invest in this ICO, maybe only after listing I'll buy their tokens.
full member
Activity: 1316
Merit: 108
December 03, 2018, 03:58:53 PM
During the period. when there are a lot of fraudulent ICO projects now and it’s very difficult to choose normal and promising ICO projects, if the ICO team also wants to remain anonymous, it’s better to ignore such an ICO project. Most likely, it will be fraudsters, and lazy fraudsters, who are even too lazy to pick up pictures of other cryptographic specialists as their ICO team. There is a small doubt about their fraud, but it is better not to risk it. Now there are a lot of ICO projects and it will be better to turn to other projects.
member
Activity: 462
Merit: 13
December 03, 2018, 03:42:02 PM
This is more reason there has to be regulations in the crypto space. For me I do not like working with or participating in the ICO, whose team is anonymous. Sometimes i just wonder. I came across an ICO sometimes ago, who team is anonymous, yet they were asking investors to submit their personal details for kyc. I found it very funny. Most of them are just scam.
full member
Activity: 348
Merit: 100
December 03, 2018, 03:35:18 PM
I don't say it's a scam when the team working on the project is anonymous. but it can make an indication that there is a possibility of a scam. there is no reason for a project to remove their name from the team. it makes doubts from investors.
member
Activity: 235
Merit: 40
December 03, 2018, 03:30:40 PM
I wouldn't trust them. If I'm gonna give my money to someone, I should be able to see who they are, what they've done before etc. If they remain anonymous, sorry, no money for them.

Team is very important in an ico. Even if they're not scam, how do we know they're going to succeed the project?
member
Activity: 322
Merit: 11
🚀🚀 ATHERO.IO 🚀🚀
December 03, 2018, 03:27:42 PM
If there is a great teason why the ICO team is anonymous ,that might be considered , but what are the reason ,why they are hiding their identity ,that most of the project being launhced are been introduced the ICO team , there are ICO with goid platform and know team members turn out to be scams ,how much more to team with anonymous team members , so there is possibility that it might also be a scam.
full member
Activity: 770
Merit: 100
December 03, 2018, 03:25:08 PM
when an anonymous ICO Team can't say it is a scam, it's just that we need to avoid something like that, because ICO with anonymous TEAM has more potential to scam.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
December 03, 2018, 03:22:29 PM
Yeah, indeed we should not immediately give a judgment that an ICO is a scam just because it sees that the ICO team is anonymous. But I personally will not take part in the ICO if the team is not transparent. One of my considerations when choosing ICO was the name of the team and the name of the advisor so that if I did not know clearly who the team and its advisors were, then my trust in the ICO had diminished.
The open message was referring to bitcoin, whose team is anonymous and had been successful. The team had been replaced with more powerful governing body. No ICO should go with that except it has enough money to fund itself and strong market and product that are irresistible. 
full member
Activity: 518
Merit: 100
December 03, 2018, 03:12:04 PM
I do not want to risk my money when investing in the idea of some anonymous team. Now it is stupid without a finished product to start ICO and even hide team!
hero member
Activity: 882
Merit: 502
December 03, 2018, 02:56:32 PM
Why do developers hide their faces when they present a project? On the contrary, the more information about them, the more confidence in them from investors
twa
full member
Activity: 320
Merit: 100
BitSong is a decentralized music streaming platfor
December 03, 2018, 02:50:12 PM
I advise you to look for projects whose teams are displayed, to be able to find team information from the projects you are currently participating in.
I agree with your opinion that a clear team and the possibility of being able to benefit from us following the project will be, but for conditions like now it is very difficult to get it and the problem is the market that accepts us to sell our results is not there
full member
Activity: 1078
Merit: 110
December 03, 2018, 02:50:08 PM
I have never believed and will not believe an anonymous fundraising team. Now there are too many scammers on the market, the first thing a good project should do is to show its face that people would not be afraid of deception.
jr. member
Activity: 140
Merit: 1
December 03, 2018, 02:33:42 PM
If the ICO team is anonymous - I do not trust such a project. No need to invest in an ICO that has an anonymous team. There is no reason to hide team members behind the project. Team member is an important project evaluation criterion. Many investors invest on the basis of trust to a specific team member. I look at the team - this is the first thing I pay attention to before thinking about investing.
full member
Activity: 966
Merit: 111
December 01, 2018, 10:08:15 AM
Some say that 50% is a scam because it can be seen from the team that it is not transparent. If the ICO is good and the potential is certainly one of the teams that affects it. So I do not say that ICOs that have an anonymous team are scams but must remain vigilant.
member
Activity: 588
Merit: 10
December 01, 2018, 09:54:01 AM
We can't really outright tell them that they are scammers until they scam people right? But my question is why would you trust people who are selling something who hides behind a cartoony face? I mean, it's only right that one should show their face when they are selling something right? Generally, I would not trust an ICO who isnt well put together and is not showing their real identity.
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