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Topic: Will You Trust a Project Announce BY A Legendary Member - page 31. (Read 4482 times)

full member
Activity: 691
Merit: 100
I believe. But reading and seeing more about the project announced by the legendary member I still have to do.
legendary
Activity: 2492
Merit: 1018

Compare to an ANN thread posted by a newbie account, I will simply think the legendary user does have a background in checking what kind of project he is announcing and probably trust the team in a way. Its not recommended to completely trust any project announced here though, you can always check the team's credibility before sending your coin to them.

A lot of new projects though are being announced by newbie with copper membership account, I think this is just to give them the permission to post with images on their posts. Bounty Campaigns posted by legendary is something to look at though. What is your take on it?
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
I would trust the project if announce by a legendary member and if he says he is not the part of services he offered. I would double check the project and its team member who are behind the project. As such my first priority is always to take part in bounties of high rank members otherwise I crosscheck all the details before participating in bounties. Ultimately we have to check the project on our own if find genuine, then participate otherwise leave that bounty.
jr. member
Activity: 448
Merit: 2
Will you trust a project that the one that announced it in the announcement thread is a legendary member even though the legendary has announced that he is not part of the team and was just part of the service he offered.

Let me know your thoughts here.
it doesn't make any different, wether from a junior member or a legendary member none is above making mistakes. Some project announced mmm by a junior member can be more authentic than that announced by a legendary
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
even though the legendary has announced that he is not part of the team and was just part of the service he offered.
There's already a disclaimer that he was paid to post that ANN thread so he's making sure that whatever the projects turns into, he's not eligible and no responsibility on him that shall be shouldered.
Project makers thinks that an announcement from a legendary rank member of the forum will bring eligibility to their project but still they don't know that wise investors do research before investing.
member
Activity: 596
Merit: 39
I don't see a real difference. Many old members also make shitposts and some can't even write properly in english. They are just older here, nothing else. People also can be old and scammers at same time Tongue
legendary
Activity: 1946
Merit: 1137
it depends on what you mean by "trust"!

in the altcoin market people have very different views and approaches to the whole market. a very small percentage care about seeing a good project, that group won't care about the rank of the person announcing the project but instead care bout the project itself and look at what is going on under the hood.

the other group which is possibly the majority, don't care about the project itself. it might as well not even be a cryptocurrency or have a blockchain!!! all they care about is how much profit that virtual thing can give them. so if they see a pump happening even if the project is an obvious scam, they will still join in. in which case they may care more when the legendary member announces the coin because there is a better chance that an old member is more familiar with how to pump a shitcoin than someone new.
legendary
Activity: 2674
Merit: 1048
For the legit term I'll trust, with one note the legend member who announced the project is the trusted member such as they have been manage several bounties and fight the scam project. The legend member will think a thousand of times to promote a project, because if he is rash when promote a project  such as he never know the project itself and didn't know scam or legit the project it is then his account will be at stake. Different with a newbie account (copper member) he will not have any burden when promoting a project that ends in a scam because he will be easy to make new account.
hero member
Activity: 3038
Merit: 617


There is a reason why the Legendary account pronounced he isn't part of the team and that he only act as if he promoted the project.  My take is that he somehow warn the forum users that there is no assurance for the project to be trusted so he goes ahead of the game by telling you he is off the hook if the team turn out to be crooks.

So its better to simply just ASSUME all the teams to be CROOKS unless you see their coin doing great in many exchanges.
member
Activity: 574
Merit: 18
Making Smart Money Work
I won't depend and invest in a project from a legendary member without checking the project out ,just because its been introduced by a legendary member doesn't mean its worth to invest in ,I've learn to always do research on projects no matter where its from and that's what I will keep doing.
full member
Activity: 854
Merit: 104
Yes, if I see that the manager of the bounty campaign of the new ICO project is the legendary forum member, I certainly will trust such a project much more than a newbie. In most cases, legendary ranks cannot be part of the ICO project team, and the fact that he writes that he is not responsible for the activities of the ICO team does not relieve him from their overall responsibility. ICO's bounty manager has closer contacts with the team and if the team turns out to be fraudulent, then in general practice, any manager with any rank, and especially with a big rank, is expressed by mass distrust of forum members, and already with negative trust  it is very difficult to continue working as a manager bounty ico.
full member
Activity: 821
Merit: 100
Volare.network
no, I will not believe it. there have been many scam projects like that. so I better observe and study the project before believing it. projects announced by Legendary, hero or senior members are no guarantee that the project has been verified by them. never trust this easily. this can be bad in the future
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
Accounts can easily be bought. It has been encouraged and allowed around here for a long time now
full member
Activity: 875
Merit: 125
Any project that approaches a Legendary member and any project whose offer is being accepted by a Legendary members gets a bit of credibility for me. I know that does not prove anything yet they look more serious than the one started by a copper member.
full member
Activity: 854
Merit: 115
Will you trust a project that the one that announced it in the announcement thread is a legendary member even though the legendary has announced that he is not part of the team and was just part of the service he offered.

Let me know your thoughts here.

Not always, depending on how the track record of the account. Considering the previous ranking system can be classified as easy to reach the legendary rank, it is different from now that using the merit system (although there may be some that do merit abuse).

But legendary with a good reputation is usually (for me) to be one of the considerations as well by continuing to do deeper research in the project
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
Legendary members are more trusty than Jr members when introducing a project but the legendary member account must not have red trust and the account must have atleast a trust rate +1
Exactly, if its trusted why not but don’t trust the project much you must still go with the process. Read the project, analyze, evaluate and outsource some information about it, before you trust and invest. Legendary account is hard to achieve, maybe they have some reputation to protect for and that’s why they will not introduce fake projects.
hero member
Activity: 924
Merit: 520
I guess most investors nowadays evaluate projects based on its fundamentals e.g. the capability of the team and its use-case viability, its merits and potential. This has nothing to do with the rank of the original topic poster especially if he or she had declared that he or she has no direct connection and involvement over the project other than to be the poster of that particular project announcement topic.
member
Activity: 504
Merit: 25
Legendary members are more trusty than Jr members when introducing a project but the legendary member account must not have red trust and the account must have atleast a trust rate +1
full member
Activity: 686
Merit: 108
Will you trust a project that the one that announced it in the announcement thread is a legendary member even though the legendary has announced that he is not part of the team and was just part of the service he offered.

Let me know your thoughts here.
Yes, but you still need to see the project itself and you have to do analyze it before investing because your account here is just a part of marketing strategy. Any ranks can make introduce new project, but if its a legendary and trusted account then it can be a plus point to you but don’t rely to them.
member
Activity: 490
Merit: 10
We are for the most part humans,either sir members or legendary members it doesn't vary ,what makes a difference is the innovative project the part is attempting to present.
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