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Topic: If an ICO team is anonymous, is it a scam? - page 4. (Read 4385 times)

member
Activity: 270
Merit: 31
Payment Gateway http://Al-Buraq.Net/PaymentGateway
December 31, 2018, 02:40:27 PM
That's right ICO team is anonymous kinda scam. We can't apply same thing all the time, sometimes for security this could be possible

Ofcourae your money your choice. Good luck
full member
Activity: 364
Merit: 100
December 31, 2018, 02:19:47 PM
That's right ICO team is anonymous kinda scam. We can't apply same thing all the time, sometimes for security this could be possible
sr. member
Activity: 924
Merit: 255
December 31, 2018, 01:25:03 PM
Well so much already asked on this subject. As per my experience some people play on front end do country wise conferences habe offices worldvide and do scam some prpjects habe hidden team and no disclose of office etc and are very much trusted. I met with a coin owner he told me his all story that he and his team did conference and later on people approached them and rush to developer home and snatch their servers and theu are in hospital now again they are rebuilding the team annomously. So it is all a blind game which have plus and minus both.
In any case you take a risk investing into the ICO projects, it seems to me that it is better to make into the projects with the team and office, because they will answer according to the law in case they would have such a desire to deceive investors.
member
Activity: 270
Merit: 31
Payment Gateway http://Al-Buraq.Net/PaymentGateway
December 31, 2018, 12:44:01 PM
Well so much already asked on this subject. As per my experience some people play on front end do country wise conferences habe offices worldvide and do scam some prpjects habe hidden team and no disclose of office etc and are very much trusted. I met with a coin owner he told me his all story that he and his team did conference and later on people approached them and rush to developer home and snatch their servers and theu are in hospital now again they are rebuilding the team annomously. So it is all a blind game which have plus and minus both.
copper member
Activity: 462
Merit: 10
December 31, 2018, 12:39:09 PM
Gone are the days ICO teams are anonymous.  This days any ico team that shows anonymous or fake ids are pure scam and I advice that people stay away.
full member
Activity: 406
Merit: 158
December 31, 2018, 12:37:30 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!
Yeah you are right, why let's risk our money for one project, if they collect money and disappear in one day how you can get your money back, you can't. So don't do this unnecessary things, there are many other opportunities in the market.
member
Activity: 574
Merit: 10
December 31, 2018, 12:28:06 PM
If the team is not transparent, we should actually suspect it is fraud. Because usually a good project is a transparent project. One of them is income, team and others. Because if the team is not transparent, it is better to analyze the project first.
jr. member
Activity: 378
Merit: 1
December 31, 2018, 12:23:24 PM
The ICO project must be transparent and everyone can find out who the Team, Managers, and Developers are. If the anonymous team is better, I will not take part in the ICO because the possibility of the project is fake. This team is very important for everyone to know to determine that they can build the ICO until it is successful or not.
full member
Activity: 406
Merit: 106
December 31, 2018, 11:44:09 AM
If the project creates an anonymous coin or technology, then this is normal, in other cases it is not normal. If people came up with a new technology and want to raise money for it, then potential investors want to know who they are investing in their finances.
full member
Activity: 574
Merit: 100
December 31, 2018, 11:35:49 AM
Yes there is a great chance that its a scam. One characteristic of a successful ICO is transparency. If one is being anonymous, there is something unusual on the project. Besides why will you hide the team behind the project if your not going to scam the investors. There is no point. In an ICO, everything should be available for the investors to know what they are dealing with.
full member
Activity: 644
Merit: 101
December 31, 2018, 10:23:37 AM
Perhaps not, but with a much greater probability, we can assume that the ICO, whose team is hidden, will be a fraud, so it is not worth investing in such a project.

This is just a small part to analyze. Because the analysis must be carried out directly in different steps. Today, analysis is probably one of the most important steps for investing in projects.
full member
Activity: 238
Merit: 100
December 30, 2018, 03:16:53 PM
There is a high risk that the project is or will turn into scam because people love free money and as soon as they have chance to get free money, they will collect money and leave the project.
full member
Activity: 532
Merit: 100
December 30, 2018, 03:15:25 PM
A 1-2 years ago it not was a problem. But today I don't participate in the ICO with anon team. If project want to develop it not need to hide team. If they want money the team must be public. Or don't start the ICO and make some crowdfunding other methods
full member
Activity: 644
Merit: 101
December 30, 2018, 03:02:59 PM
It seems that there is too much risk to be taken, I suggest not to take part in the ICO with an anonymous team because if we look at reality, many teams that are not anonymous commit fraud, what if the team is Anonymous? then that makes us have to be more careful.
Recently, I nevertheless understood from this branch that I am quite right to ensure that all the same with a great thorough check applies to projects that do not show their team. An important element of my analysis.
member
Activity: 420
Merit: 24
December 30, 2018, 11:08:54 AM
Actually we cannot set a scam / no before they run away from an investment project. but you are at great risk if the team you are joining is Anonymous. you have to consider why you really want to join in it. is it because the project will be fully functional and successful? you need to analyze more deeply.
jr. member
Activity: 316
Merit: 1
Colletrix - Bridging the Physical and Virtual Worl
December 28, 2018, 06:50:46 PM
ICO with an anonymous team can still walk but it makes many people doubt. Because we can be known to investors and hunters when determining projects based on the Team. But if the team is anonymous, of course, there are many people who doubt and that is very risky.
full member
Activity: 1092
Merit: 101
December 28, 2018, 05:40:04 PM
I doubt very much that I don't have a team, because now I see a project that has a team that many scam what else they don't want to publish the team and do not consider it the same as Sathosi, he is creator while the ico project is only a user and does not create anything
member
Activity: 162
Merit: 10
December 28, 2018, 05:25:23 PM
it is better to avoid this circumstances rather than we wasting our time and energy to engage in this ICO. you know that ICO with valid team can be scam, moreover anonymous ICO team. my suggestion is search another ICO with good team and avoid anonymous ICO team. actually I wonder what is their profit (anonymous ICO team) to make scam ICO? why they just harm other people with this.
sr. member
Activity: 868
Merit: 289
December 28, 2018, 05:22:05 PM
Cryptocurrency space is full of anonymity due to its characteristics of being decentralized. But, ICOs are treated differently if the team is anonymous. Because, these crowdfunding are collecting money from investors to support their project. How could you trust ICOs without knowing who are the members of the team. Of course, we want to know at least their capability.
copper member
Activity: 363
Merit: 9
December 28, 2018, 05:08:10 PM
By and large, there is nothing wrong with that.That's just not every investor wants to invest in such a project.Everyone needs public access and openness.Another option is that if the project really offers the coolest anonymous application or wallet, then it is more likely that technical specialists will evaluate it and buy tokens.I'm 100% sure of that
Transparency is what everybody are looking and blockchain technology is transparent after all so why the team behind the ICO remain anonymous? There is a big chance that it would become a scam since nobody can trace them.
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