Would you Invest in Great ICOs but Anonymous Team?

[Valzador]

there will not be a good ico project with an unknown team, why cover the team's identity? do they commit a crime? lol

[Gontxi]

Obviously, the term “Great ICO” is subjective, but let’s say that ICO has an excellent concept and product. They even have steady and growing stream of profit and revenue (and can be verified.) They also have big names and notable investors and experts supporting the project. However, the catch is that they are anonymous like the founder of Bitcoin. None in the public would be able to meet or see any of the team members. Would you still invest in this kind of ICO?

Of course you will have a doubt if the founder is anonymous. However, people are always after the profit, so I really think it doesn't matter if people behind it is anonymous. Just take a look at bitcoin as you have said, a lot of people are trusting bitcoin even though Satoshi is still anonymous. If you mean it is really profitable, just take the risk and earn profit from it.

what you say is true
yes, of course every investor always has great doubts including myself. we all know that investing in ico is potentially huge at a loss, it can be a loss of no value or a scam. and this is a prohibitive factor that occurs this end. ico ads, potentially on fraud. although not all of it is deceiving. but in the eyes of the world and the internet this becomes a bad effect.

[lolek_bolek]

I really value my anonymity, I don't invest in ICOs I believe in just because it has KYC... I completely understand if someone wants to stay anonymous but if you start a project and expect people to invest in your idea it just seems fishy to want to stay anonymous...

[melted349]

I really value my anonymity, I don't invest in ICOs I believe in just because it has KYC... I completely understand if someone wants to stay anonymous but if you start a project and expect people to invest in your idea it just seems fishy to want to stay anonymous...

same as me how can i trust my money invest into your project. if you cant even trust us investors with your real identity besides you are the one who need investment why you want to hide your self if its a real project.

[madgtr]

The team is very important when it comes to an ICO I think but then again ICOs are risky anyway...

[KlepZ]

I can say yes but there are times when it should be careful if the ICO could be a fraud or cheating strategy especially with the unknown team they are definitely planning something we are thinking as the price of the coin suddenly rose and suddenly fell it could be the work of ICO team, so sometimes must be careful when choosing ICO

[suzanne5223]

I know it kinda risky to invest into an ICO which the team involve are anonymous but I will still invest though since they already had notable investors and experts that supported the project.

[melatiy28]

I do not currently do that, but I used to do things like that the benefits I get are almost the same as the ico one and the other. with that incident I was up to the time looking for the team but did not find it maybe for some time the team will come back I hope so and the system is still the same as it used to be or better yet.

[tofus]

I usually invest in any active public team that does not hide its product, but its founder may be anonymous.

[Polipog]

In this business, all members and founders were form by anonymous identity or profile identity. We are all difinitely hide ourselves in the dark but with a bright future when it comes to financial stability. So therefore, even we don't know who really the people involves here, but we still invest, because the purpose is to earn multiple returns of income. But sometimes, we must careful to transact any business transactions in crypto, we must try to examine first the business name that worth trusted. Because there is a lot of scammers here in crypto business.

[Meraki]

Nope, i wont invest to that kind of ICO because even though the concepts are that beautiful if I cant even know who are the team behind it is a Big NO NO NO because that is might be a high percent of chance of getting scammed.

[OuterTech]

There are no great ICO project with an Anonymous dev team and this case is also the same. I think only Shady project want to keep all their team identity anonymous cause it's very easy for them to scam other people money without being caught or facing with the law.

[Novgabby]

Nope. No. Its a no.
If they want to be trusted, why be anonymous to the public?
People wants to invest in a trusted company. It includes the team behind them.
What would you do with a great project with no face to the public?
You will just waste your money time and effort in investing in a project like that.

[drogas]

Definitely not. The development team is what I try to research first and foremost, I'd be too paranoid to invest without doing that.

[pharaon]

Investing in ICO projects is always risky, and only you make a choice. But in the example that you brought, not all are anonymous, but there are, as you said, names and well-known sponsors, for this I think, if only the team has a question and the project is excellent - I would have invested a small amount.

[kevingreen]

I love to invest in any ICO inasmuch the project has something unique to offer . And the team behind the project are dedicated and vibrant in their effort to build and promote the project. Many projects today offer to do the same thing with others thereby increasing competition in the industry but when a project is unique in its nature it naturally attract investors . Take " TRAXIA " for example = https://www.icoexaminer.com/ico-news/traxia-ico-becomes-first-launch-japanese-ethereum-cardano/ ,  https://www.traxia.co/?utm_source=icobench.

[kingzues09]

I will invest on ICO if it's legit but if it's Anonymous then Hell no! i will stay away on that ICO. I will invest my money on great project and not from Anonymous team tho i know it's very risky they will take our money from us. Before investing you must read their whitepaper.

[vmklq]

I can't invest in such an ICO because the team is an important factor in my investment decision. If I can't even open these, then I know there will inevitably be serious loopholes or a big scam. I hope everyone All resist this behavior,...

[electronicash]

i will invest so long as there is an escrow that will distribute the btc or eth gradually very time there is a new development like beta testing. this use to happen  back in the days. ICO use to have escrows, times had changed since 2016. maybe because some of the team that did an ICO without escrows made some success and that it becomes just an example and the next ico did not also have an escrow some were scams and some quite semi-scamming while they list their token on exchanges.

[LevaZ]

I would also invest in anonymous teams, because I believe that they have more freedom to develop and no one will limit or contrast. But again, it is necessary to have time for a good ICO, as the scams in the anonymous ICO will be much more than usual.