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Topic: If an ICO team is anonymous, is it a scam? - page 18. (Read 4401 times)

full member
Activity: 1064
Merit: 101
HELENA
November 19, 2018, 01:21:24 AM
yes maybe satoshi remains anonymous, but when the bitcoin was just released he didn't sell bitcoin. ICO is an event for Startup seeking funding from selling their tokens.

so like companies in general they must have complete information about who, where, and what their goals are. if all of that is not perfectly clear. naturally if some people consider anonymity in ico is a fraud.
jr. member
Activity: 370
Merit: 1
November 19, 2018, 01:00:56 AM
It's true cryptocurrency is all about decentralization, a project that needs public support to power or kick start their business has to show a face and history of themselves. Anonymity doesn't apply to team members such could be scam
sr. member
Activity: 1162
Merit: 260
November 19, 2018, 12:53:11 AM
One of the important things that must be considered when you want to invest in ICO is the validity of information, how we can entrust our money to projects whose team don't want to be published, don't ever invest in ICO whose information is unclear.
Definitely, those people aren't gonna earn trust from the people while they themselves can't even trust the people so why waste time and money into a team that even very doubtful to show their face while that's the most important thing to know who's running the ICO because it doesnt matter how good the idea is if the team is just don't want to show their true identity no one is gonna trust them.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
November 19, 2018, 12:31:16 AM
One of the important things that must be considered when you want to invest in ICO is the validity of information, how we can entrust our money to projects whose team don't want to be published, don't ever invest in ICO whose information is unclear.
member
Activity: 393
Merit: 17
November 19, 2018, 12:18:02 AM
several times I found this, so the opinion of the opportunity for a scam could be true. especially for projects that use eth platforms don't make their own coins but all of them are just a possibility we will never know before the results of what the project did we only can wait and see.
member
Activity: 368
Merit: 25
The Standard Protocol - Solving Inflation
November 19, 2018, 12:14:10 AM
Comparing Current anonymous projects with satoshi would be stupidity as there has been lot of recent scams & It is advisable not to invest in projects which have anonymous teams and devs of the projects. Satoshi developed fully working & revolutionary working product which is still on the top and it wasn't ICO. Most of the upcoming, ongoing, and completed token sale ICOs don't have working product & once they exit you cannot find them so its better to invest in ICOs which have revealed its team members which can help to conclude credibility of ICO and making decision of investment.
newbie
Activity: 50
Merit: 0
November 19, 2018, 12:06:04 AM
If they're very evasive about giving out their team info then it must be scam because first of all, the team behind the project plays a very important role in the project's success. If they have such a great team then they must be open in sharing info about them.
jr. member
Activity: 238
Merit: 1
November 18, 2018, 05:36:02 AM
For me it is very important when the team is not anonymous, I somehow do not trust such projects, I want to see the team and find out information about them, personally for me it is more transparent.
legendary
Activity: 3416
Merit: 1225
November 18, 2018, 05:03:11 AM
This is bullshit stop comparing this to Satoshi , Satoshi did not launch an ICO while you are asking our money for your promise, you do not have a working platform and we do not know who will receive the funds and if things will not work out who will investors go after, it's so easy to create promise and so much depends on who is running the project when launching an ICO
member
Activity: 1078
Merit: 10
November 18, 2018, 04:52:45 AM
As for me, I do not trust the projects who hide their teams. It is one of the most important parts of the successful development, so I do not invest in projects which does not provide evidences of the experience of the team. It most cases, it is just a scam project.
sr. member
Activity: 1428
Merit: 251
November 18, 2018, 04:48:23 AM
If the team anonymous and they doing ICOs, i am better not join in their ICOs. We should careful before join in some ICOs and good team is one important factor why we join in the ICOs. Better choosing another good ICOs with good team developers
jr. member
Activity: 159
Merit: 1
November 18, 2018, 04:19:21 AM
There are many ICOs, you should  pick up some of the best projects. Why did you choose the anonymous project? The rate you cheated is higher than the transparency project.
jr. member
Activity: 209
Merit: 1
November 18, 2018, 04:11:12 AM
For any team to be anonymous, there is very tendency that it will and scam. I mean its a very high risk cos they are bidding under the mask. And looking at the high rate of scam projects this year, I don't think its a risk worth taking
member
Activity: 294
Merit: 10
November 18, 2018, 02:22:57 AM
Developer team anonymity usually increases the risk rate, but there may be very few projects that need to do so. Usually I don't choose to invest in such ICO, including public ones. Because the scammers can swindle in a big way, no one can object to them.
copper member
Activity: 381
Merit: 0
November 17, 2018, 06:59:36 PM
Yes, in most, if not all cases, an ico with an anonymous team will always end up to be a scam project. If you are genuine, why will you need to hide your profile?
full member
Activity: 807
Merit: 150
November 17, 2018, 06:50:44 PM
I can recommend to skip ICO with the anonymous team because you can loose your invested money. Don't risk your money if you're not sure about the project. Satoshi didn't raise money!
I agree with this anonymous team is hard to believe better choose to play safe than lose money, but if you trust the project go ahead because not all anonymous team is scam, i already join with 1 project with anonymouse team and success. The point is always do own research before invest in ICO
full member
Activity: 340
Merit: 100
November 17, 2018, 06:45:35 PM
Actually, showing the team member clearly will really ensure us to see who are behind the projects. It will increase the credibility and trust from the investors. Anonymous team will affect to the lack of trust from the investors to invest in the project. But, I ever participate in one ICO with anonymous team. I was very worried. But, the project was real and now it has been listed. But, I cannot determine that it will be OK for others. Just be careful.
Right, Anonymous team in an ICO not making the reason for claim that project is a scam. In fact, there are some real ones, only the risk of the possibility that the project will escape investors money is higher, because they are hidden, so it is difficult to trace. And although the project is real, people will always feel worried.
full member
Activity: 1050
Merit: 100
November 17, 2018, 06:44:31 PM
bounties that don't publish their team in my opinion are not problem, as long as they want to be transparent in sales such as publishing etherscan and are actively telegram to answer all people's questions, but all return to each person to join or not
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
November 17, 2018, 06:37:57 PM
I recommend you to not spend your money into ICO project that doesn't have transparency about the team. It's better if the project reveal their Team identity, especially their CEO or Founder. It's should be have less probability to be a scam project, in my opinion, especially if the project doing Roadshow/Interview/Meet up.
full member
Activity: 275
Merit: 100
SOKOS.io
November 17, 2018, 06:36:31 PM
It's a 100% scam because they are afraid to get caught in action and it is their strategy to avoid punishment. if the team really wants to make their project successful then they should show themselves and participate in summits, blockchain forums and etc and it will lead them as strong team.
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