What is your take on this as an investor in crypto?
Proof of funds means security for the supporters and investors. Making the funds reserve public ensure the public that the project has enough money to operate. It is also and indication that the development team is serious in taking the project to new heights since they are honest enough to provide details of project fundings which many corrupt developers hides.
Will it add any impact on your decision to get into crypto or stay away from it?
Definitely, it is good to invest in a platform that has enough fund to continue its development. After all we cannot really feel the profit in the early development of a project except if its market is pumped which obviously ends up in a dump.
The lack of liquidity is a problem, not the only problem.
First of all, there's a lot of ambiguity in where the assets of an exchange exist and whether they're liquid assets or not. I imagine they do this purposefully because most exchanges are great at mismanaging their users' funds. I don't anticipate many enterprises are willing to disclose proof of reserves to any degree of certainty.
That is why proof of reserve or proof of fund where the address that holds the fund is published. This way we can see whether a project can continue its development/operation or not.
Say you had a real time checking mechanism to determine the underlying liquidity an exchange has, that still doesn't matter -- you transfer any funds into an online account and those funds are not yours. They're an assurance that the funds will exist if you choose to withdraw, and that assurance is worthless. You're still liable to hacks or getting locked from your account for whatever arbitrary reason.
Proof of reserves help but they don't solve the issue.
Proof of reserve isn't for anti hacking, or whatever issue you are thinking. Proof of reserve purpose is to show to the public that the company has enough funds to do its service without any problem.