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Author Topic: Would you Invest in Great ICOs but Anonymous Team?  (Read 272 times)
Analyst101
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March 25, 2018, 02:49:49 PM
 #1

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?
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March 25, 2018, 02:51:33 PM
 #2

That will be risky idea is idea until that is not implemented so it's a total waste of money you don't know team members in that Ico.

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March 25, 2018, 02:55:23 PM
 #3

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.

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March 25, 2018, 02:58:02 PM
 #4

Not all rich men are known public, there are still a lot of anonymous millionaire people especially those bitcoin holders.

It is okay to invest in that project as long as it is great and their team is actively communicating with future investors.

i will invest in this project than an ICO saying the team is composed with SATOSHI NAKAMOTO, we know who is that but never been public.

If Satoshi remains unknown in public and will just reveal himself with just an ICO that's more scam to be.

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March 25, 2018, 03:03:03 PM
 #5

Even the ICO which has a team that will visit the whole world promoting their projects, more often fail to reach it's goal or scam people. For me whether the project has an anonymous team or not- it is always 100% risky to invest in their ICO. I always prefer the ICO project which already has working product. To answer your question, if I have money lying around or the amount I can afford to lose then yes I will be investing in such ICOs.

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March 25, 2018, 03:05:02 PM
 #6

I've seen ICO with an anonymous team, and the progress was succeeded. You can check bitwhite.org
The team still anonymous until right now.

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March 25, 2018, 03:34:55 PM
 #7

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?
Never, the anonymous team means if the ico was including on the suspicious ico. If the team have a product and the team can generate the money through running the product to the public audience. I thought that I have never seen about that. But every data can be manipulated, and I will say no rather than follow others to invest in the ico with an anonymous developer. That's even worse than you think dude.

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March 25, 2018, 03:39:50 PM
 #8

If the code is open source like Bitcoin then yeah I would trust them but if the code is private then I wouldn't trust them with anything. With the number of failures and scams the ICOs are having I will never risk my money with them.

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March 25, 2018, 03:47:24 PM
 #9

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?
for me its a no, why? because many ICOs are scam the team behind the ICO is very important that we know them though they have good project and platform, i still need to consider their team identities to ensure that i am investing in the right team and ICO.

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March 25, 2018, 03:51:52 PM
 #10

Single-valued one answer -  not. When the project does not have its tangible core (team), then even a cold calculation and a thorough study of the product may not lead to the desired result. In general, I would not risk, besides, now the choice of good projects is great, so that you can safely move on to something more tangible.

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March 25, 2018, 03:54:29 PM
 #11

Investments in such a project will be very risky and this project is not suitable for long-term investments. But it is quite acceptable for speculation. You say that the project has been progressing well and it is easy to check. Speculators are not interested in the final product. They are only interested in momentary profits and it is a great danger for any project.
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March 25, 2018, 03:55:51 PM
 #12

I don't like ICOs much to begin with, and that would be the final nail in the coffin for me. It is hard enough to trust an anonymous team who is giving out free coins apparently (DeepOnion), don't see an ICO gaining much traction.

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March 25, 2018, 03:57:38 PM
 #13

I don't know. It's risky. If you don't know who they are, you won't want to invest? I mean if the projects have problems, who will take the responbility? But if they are famous and reputable in community, I will rethink.
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March 25, 2018, 04:00:11 PM
 #14

bitcoin that already have big names are certainly very difficult compared to ICO. It is indeed doubtful but if you have a lot of real evidence that although the anonymous but can be successful and proven results then it wouldn't be a problem, but of course a vigilance is still necessary.

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March 25, 2018, 04:04:13 PM
 #15

Be carefull to invest, beware of those team you were investing for. It should be legit and it should be known by everyone so that in the end you will not regret it. You shoul had an assurance that the team you are investing for was legit.

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March 25, 2018, 04:08:51 PM
 #16

Goodwill of any ICO depends on the team behind it.  Before giving hard earned money to somebody else definitely one must check the capabilities abilities;knowledge of the team who is supposed to manage the project.  
Without knowing the team how we can ascertain the project will be success or fail.  A project will succeed only if some experienced learned expert team is there to look after the project.  So one may not invest to anonymous team.

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March 25, 2018, 04:12:14 PM
 #17

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?
An ICO is always defined whether it is going to be successful by the concept of its project and the team that is behind it, so when investing into one you have to always look up for anything that isn't right so you could avoid getting scammed, because with all this money going into this new type of businesses it is bond to have people trying to trick others into somewhat of a scam, and having a team that isn't made of a bunch of random people who have no experience in the cryptocurrency not so ever, is a key to knowing whether to invest in this ICO or not, so if the team is unknown or anonymous than it is better to void them.

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March 25, 2018, 04:16:04 PM
 #18

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?

By now, the answer is NO, because some ICO have information about team can scams, why i can invest for ICO are anonymous like Bitcoin, and Bitcoin is not ICO, it  is the new technology.

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March 25, 2018, 04:18:36 PM
 #19

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?

i think the important one is the price of that coin in market. for me, if the ICO's has an excelent concept and the coinhave a future that is good for invest. even the founder is anonymous.

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March 25, 2018, 04:23:55 PM
 #20

No. It is very important to know who's behind the project. The names and the pictures of the team members must appear in the whitepaper of the project. Seeing these does not prove that they are legit. Better search their names in Google and find out as much information about their field of expertise, their previous projects and the impact it gave to the community. I don't know if there is someone who will invest in a coin with anonymous team.

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