Are proofs of the real existence of the team important for an ICO?

[bonji77]

I think Kyc is needed for the trust of investors and in my opinion the team must also provide information on the progress of the project

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[Jewel2895]

Yes, team details is important for trust, especially when your product is not working, if your product is alredy a working model then team information is not that important.

[The Cryptovator]

Team isn't only important, team is backboon of an ICO. There is team behind of every ICO, but most of them hide identity. But it's not a good practice for crypto currency. For me if team is hide, that means they want to scam. Otherwise why they need to hide themselves? Lot of ICO's have been using fake photo. I will never believe them even they have listed on exchange. A potential and experienced team could success on ICO. Obviously you should show up your team. Not like life story, but team could arrange conference and show it live. And they can meet up with blockchain specialist from worldwide and can broadcast  on YouTube. Than community will trust them that they are real. And a real team is most important for ICO.

[masterrex]

I am currently applying on various listing sites and can see that sometimes there's a recommendation for team members to go through KYC procedure. In general, I think it's true that people care about the team listed on the website and want to be sure it's not fake.
I am managing social networks of our ICO and I wanted to hear your thoughts on whether it would be a plus to tell people more about our team, make posts about their lifes, kind of. It's just that I feel it's important that our team is almost like a family, because this affects the project development. Every morning we drink tea and eat some sweets together, we often communicate and always celebrate the birthdays of our members. For example, we had a nice birthday celebration a couple of days ago, sitting at one table, eating food, making toasts as well as discussing our ICO... I am just wondering whether posts with photos of our celebrations or morning tea drinks could bring community closer to us and be another proof that we are all real people working on a project, rather than a noname account that posts info about the project. What are your thoughts? Should posts be focused on project development or would some content about us as real people make things better?

For me its very important because it will show more trust and chances to reach the HardCap.The team must visible to the potential investors to show some confidence about the project. It really helps a lot in this kind of market situation and of course the project's product and Services offered also has a strategic importance.

[minttop]

For sure, it is the most important thing. Why do they make us passing KYC and don't pass by themself? Looks like double standards , I do not accept this. I want every single team launching ICO MUST pass KYC process. SEC should do something about it. I faced plenty of ICOs where participants adjusted fake photos of team and resulted scam! But at the same time even teram passed KYC can make a scam. I have such examples like Envion and Centra

[carlisle1]

I think the existence of the team is important but it doesn’t actually change anything to be honestly
Hashcard has a real team amongst other things
Beautiful whitepaper, sweet project; they even delivered cards to investors
They ended up running always with over 100,000,000 dollars

Scammers are scammers,and thats the sad reality

But i dont think that hashcard has a REAL TEAM behind because if that's indeed,for sure bars and cells are waiting for them regarding this issue

After all,ico will never be good and trusted again and not like before when they are legits and reliable

[PipeMaddox]

It is understandable that people want proof as there is a common saying that seeing is believing and how ICO's are it is natural to be cautious by doing your research before taking any steps.

[pawanjain]

It is absolutely necessary for an ICO to show their team because people believe in transparency and in order to achieve that an ICO should definitely need to display the profiles of the people they are working with. People could then look out for the team so that they know who the developers are.
Many people don't invest in such ICOs which doesn't have a good team or don't show transparency.

[bittick]

It is a no brainer question, now let me ask you, are you really going to invest into a team that has no prove that they even exist? pretty sure that everyone would definitely say no
The real existence of the devs also a key to determine whether an ICO is scam or not, bad or good. It's among the most important factor to be considered when you are trying to figure which ICO is good.

[WiresAreComing]

I am currently applying on various listing sites and can see that sometimes there's a recommendation for team members to go through KYC procedure. In general, I think it's true that people care about the team listed on the website and want to be sure it's not fake.
I am managing social networks of our ICO and I wanted to hear your thoughts on whether it would be a plus to tell people more about our team, make posts about their lifes, kind of. It's just that I feel it's important that our team is almost like a family, because this affects the project development. Every morning we drink tea and eat some sweets together, we often communicate and always celebrate the birthdays of our members. For example, we had a nice birthday celebration a couple of days ago, sitting at one table, eating food, making toasts as well as discussing our ICO... I am just wondering whether posts with photos of our celebrations or morning tea drinks could bring community closer to us and be another proof that we are all real people working on a project, rather than a noname account that posts info about the project. What are your thoughts? Should posts be focused on project development or would some content about us as real people make things better?

Total anonymity is not beneficial for a project. There must be detailed info about the team in the whitepaper, that`s clear.
On the other hand, posting photos of celebrations could be seen as too-much-information scenario. Investors may think that you`re trying to divert their attention from the project itself.
Not saying that it will definitely have this effect, but this possibility should be taken in consideration.

[omonuyak]

I am currently applying on various listing sites and can see that sometimes there's a recommendation for team members to go through KYC procedure. In general, I think it's true that people care about the team listed on the website and want to be sure it's not fake.
I am managing social networks of our ICO and I wanted to hear your thoughts on whether it would be a plus to tell people more about our team, make posts about their lifes, kind of. It's just that I feel it's important that our team is almost like a family, because this affects the project development. Every morning we drink tea and eat some sweets together, we often communicate and always celebrate the birthdays of our members. For example, we had a nice birthday celebration a couple of days ago, sitting at one table, eating food, making toasts as well as discussing our ICO... I am just wondering whether posts with photos of our celebrations or morning tea drinks could bring community closer to us and be another proof that we are all real people working on a project, rather than a noname account that posts info about the project. What are your thoughts? Should posts be focused on project development or would some content about us as real people make things better?

Teams are more important to me than the projects itself.  Many scam projects originated from scam team therefore, team is the most important of any projects.  I write a review last time on a particular project and one thing I said is that no matter how good a project is if it is back up by fake or scam team it is a bad project.

[Nasonn]

It's just expected that if you'd want people to follow you they have to know everything about who they are following. Nobody will just wake up and invest a huge sum of money hoping for a non existent team to deliver a project.

[Esofdemon]

I think that the strong team it's already 60% of success in ICO. Ide can change, modify and upgrade. Only a good team can do a good project and become successful. And KYC for team members is a good option - it brings more confidence to investors.

[Kunlejoe0]

There is no yes or no answer to the question raised on this thread. The presence of real team may be important if the success of an ICO project is gear toward team support before it could realise it's objectives and release agood product!

[anatolij.shishkin]

In any case, a team that is constantly on the public and open attracts more attention. So to say investor confidence. In addition to KYC, you can participate in various blockchain forums by attracting more attention.

Well, on the other hand, the team puts itself at great risk, each member. Who knows what's in the minds of crazy investors. And how the losses will affect them.

[MasterCATZ]

Many scam projects were exposed just with the help of fake photos, it was evidence of bad intentions, the team plays an important role and it is useful to know who is in charge of the project so that there are no problems.

[cryptoblazter]

The team of developers and advisers is really important to check whether the ICO is legit or scam. But to determine if it will succeed or fail depends on the trust of the investors. In whatever situation, checking the existence of the team members is significant but it is just a part of due diligence.

[princesspoppy]

Knowing the team behind an ICO or project is important. It shows who and what kind of people you are trusting your money into, you'll know who are this people you're giving permission to be responsible in your assets. With this, you'll feel comfortable and secured that your money is in the right people, and just in case that these people turned out to be scammers, you'll know who to blame if ever you lose your money.

[oriontab]

The more information investors have on team members, the better they able to make logical decisions. I personally will not invest in a project where the team members are not known. Investors will be entrusting them with the hard earned money, the list the team could do us to be open for investigation and scrutiny. Yes, even lifestyle is important. I wouldn't entrust my cash to someone who is a gambler or a drug addict, even if his professional credentials are impeccable

[ronnis.gomes]

It is very important to have all information regarding the team that is behind an ICO and it is a way to stay safer about the project