How to know if altcoin team is credible?

[PoorLad]

I often see "<coin> is backed by <name>(Or just a good team), I will buy" or similar.

Do you guys have some kind of database to see who is credible or do you just see if they are old, find their guthub and see their level/activity etc? How to tell if a project you are interested in are being run by a team who know their stuff?


A tiny web page idea is making said database. A tiny wiki if you will with people's relations to different cryptos and level of education/work/expertise and "success rate".

[Aeog0r]

I check linkedin and github profiles, gives it away pretty quick

[oxoboxo]

I kinda go somewhat extensive.

I check their LinkdIn and Github. I will also check the forums like Bitcointalk, or Reddit for any rumors. Twitter and Facebook are also open for grabs.

I never thought of trying to create a database, to help remind you of the who's who.

Interesting idea.

[WillMineForFood]

You need to know who is behind the coin,  thats all about. If there's trustwhorty people and not startups is easier to belive.

[jk_14]

Don't forget to Google them. You can also try to reverse search their photos if they uploaded any. Could always try to look up their past positions as well. You can go to any lengths when researching people. That alone is not sufficient to decide if a project is credible or not though.

[Dullmartini]

I'm still new at this but I check linkedin (and check how they are connected to me, through who), check out their past projects and google their names. Also look at their experience, what their skills are etc... some young kids with 2-3 yrs experience and no professional achievements won't get my cash no matter how interesting their project.

I also check to see if the team has been working together a while.

The reverse google image search is also good. I recently heard an accusation that someone founding an ico used someone else's picture

[jk_14]

Yeah it's very common for scammers to be using fake profiles on the internet, so reverse searching is never a bad idea.

[ZODIAQ]

Yeah you should definetely search all their social networks like fb, twitter, reddit and so on through, see which part of the team is public and whether they and their experince look reliable - it`s also useful to check whether they have backers, advisors, escrow-agents, serious investors and so on..

[rcevil]

look at if they have lawyers on their team and look through social media profiles.

[grbox2001]

 Look at their past projects, well-known areas etc. Check if their goal and concept are realistic. Read their publications...