makolz26
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November 15, 2019, 03:52:19 PM |
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Well, I don't just trust the team because they have so much award and recommendation in linkedIn, I don't just look for what was their educational background, I want to know their real expertise in that kind of project, I want to know their real identity and how much they are dedicated and devoted with the project they will launch. Making AMA will always be a great thing for me so I will know their real purpose.
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alrose
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November 15, 2019, 09:24:20 PM |
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I have think about this and i can't find an answer, how will you know that a team cares about investors without trying them out first? promises comes first from every project's team and you will have to give it a try to know the end game
The answer to this is very simple. You read comments and opinions of those who did deal with them and know something. If there's nobody like that you have to investigate yourself. For starters you can check if their photos and credentials are real. If they're lying about their previous projects and experience or don't want to give their real names it means they're not trustworthy. Yes but do not forget that there are projects in which the concept is aimed at anonymity.Therefore, providing their services, the team really wants to remain unnoticed.(in any case, I do not justify them, I just want to emphasize that there are such projects and they have every right to be anonymous)
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Kodok Bencot
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November 16, 2019, 12:30:55 AM |
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Well, I don't just trust the team because they have so much award and recommendation in linkedIn, I don't just look for what was their educational background, I want to know their real expertise in that kind of project, I want to know their real identity and how much they are dedicated and devoted with the project they will launch. Making AMA will always be a great thing for me so I will know their real purpose.
Of course, it is difficult to detect whether the project is real or scam only from one side, the best thing is to ask for advice from seniors and experts in this forum, if most say scam then I will avoid it.
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WAZN
Copper Member
Newbie
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Activity: 12
Merit: 0
...get waznized @ wazn.io
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November 16, 2019, 02:10:28 AM |
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I have think about this and i can't find an answer, how will you know that a team cares about investors without trying them out first? promises comes first from every project's team and you will have to give it a try to know the end game
The answer to this is very simple. You read comments and opinions of those who did deal with them and know something. If there's nobody like that you have to investigate yourself. For starters you can check if their photos and credentials are real. If they're lying about their previous projects and experience or don't want to give their real names it means they're not trustworthy. Yes but do not forget that there are projects in which the concept is aimed at anonymity.Therefore, providing their services, the team really wants to remain unnoticed.(in any case, I do not justify them, I just want to emphasize that there are such projects and they have every right to be anonymous) As a project member you can stay private and always care about your own privacy. It is your right and smart thing to do. But to stay anonymous as project member? Very hard and not trustworthy. Nobody who is anonymous as project member, CEO or whatever is not spending money he earned anonymously when he is at that point. At that moment being anonymous is not important anymore but how well this individual is doing in life is. At least for him.
Being anonymous or wanting to be hidden because of crypto project is wrong. But to steer your team within regulations available, helping make aware the community to raise voice and help change the regulations and still keeping your persona private is great and right thing.
2 years ago there was huge resistance in regards to exchanging crypto assets to fiat and use them with prepaid card. Till today we all made KYC for same cards, some reporting is done from financial institutions side towards regulators, no changes for regular users, loads of space for you to move privately but not anonymously. Isn't that great?
To sum it up. We all have right to be private even confidential but being anonymous or wanting to be, you don't need to be. It would mean you are hidding something or you did something wrong. But even if I am a president of USA it is my right to have my privacy when I do the '2nd thingy' in the toilet reading confidential reports.
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WAZN | We plant trees | wazn.io
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Bitfling
Member
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Activity: 602
Merit: 10
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November 16, 2019, 05:55:05 AM |
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Well, I don't just trust the team because they have so much award and recommendation in linkedIn, I don't just look for what was their educational background, I want to know their real expertise in that kind of project, I want to know their real identity and how much they are dedicated and devoted with the project they will launch. Making AMA will always be a great thing for me so I will know their real purpose.
Of course, it is difficult to detect whether the project is real or scam only from one side, the best thing is to ask for advice from seniors and experts in this forum, if most say scam then I will avoid it. It is difficult to distinguish good projects from scams today because scam projects sometimes prepare everything well. But if the developer team continues to communicate the project to its community and also has a partnership with a reputable company, I think the project should be considered a worthy investment.
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Landak
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November 16, 2019, 08:42:36 AM |
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Well, I don't just trust the team because they have so much award and recommendation in linkedIn, I don't just look for what was their educational background, I want to know their real expertise in that kind of project, I want to know their real identity and how much they are dedicated and devoted with the project they will launch. Making AMA will always be a great thing for me so I will know their real purpose.
Of course, it is difficult to detect whether the project is real or scam only from one side, the best thing is to ask for advice from seniors and experts in this forum, if most say scam then I will avoid it. It is difficult to distinguish good projects from scams today because scam projects sometimes prepare everything well. But if the developer team continues to communicate the project to its community and also has a partnership with a reputable company, I think the project should be considered a worthy investment. Yes, now it is very difficult to distinguish good projects dan scam. I have my own opinion how to know the project is good or scam. first we see the concept and the product, whether it makes sense and can be used in real or not. many project teams actively share information every day but that they are not really develop their products correctly. don't just focus on the "project team background", look at the whole and we also need to be smart. the project might look legit but in the end no one knows. a transparent project team is might be a team that dares to show themselves in public, without having to hide behind skype video calls (fellow project team) or behind a green screen. they force us to show our personal data (KYC) when we want to invest, on the contrary they should also be brave to show their identities in public so that there is an equal responsibility. fair enough, i think.
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HILIH KINTIL
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Absolutep
Jr. Member
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Activity: 434
Merit: 2
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November 16, 2019, 08:49:57 AM |
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With all sincerity, it is very difficult to identify those using fake identity because no matter the solution we provide, they will always be ahead because before you provide the solution they are already aware of the system of the solution. Though some experts are doing their best to fish them out but the rate of the success is very low.
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samuraijin
Sr. Member
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Activity: 1708
Merit: 261
Vave.com - Crypto Casino
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November 16, 2019, 09:12:01 AM |
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I usually prefer a project that hosts AMA live broadcasts for questions and answers to all its communities, so that it's easier for the team to look truly genuine, not cheats, so the problem here is why many projects often hold AMA but their prices also go down and many people say scammers , because we are in the bear market, so it's not just a matter of fraud sometimes we don't really know which is the original project and which is the scammer's project
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DeathProxy
Sr. Member
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Activity: 756
Merit: 251
World's First Crowd Owned Cryptocurrency Exchange
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November 16, 2019, 12:25:23 PM |
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For every teateam members provided by a project its important that investors take out time to verify if they are real or fake before investing in that project. And how can an investors verify the authenticity of a team members presented by the project. First and foremost is to verify them on LinkedIn, check if their profile are real or fake.you can also make use of google image to check their pictures on Google so as to see of it tallies with the name of the team members on the project website
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Fappanu
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November 16, 2019, 02:49:57 PM |
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Finding transparent ico is difficult now, because as you said it uses a different identity and what's worse is that they hire homeless people to be their front and captor all the blame of the member of scam campaign. So investing today in an ICO is like a gamble that sometimes you win and lose.
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tbterryboy
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November 18, 2019, 04:09:25 AM |
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--snip--
good points to apply in analyzing the project, I agree to the project team that listens to complaints from investors, because basically the investor and the project team are a collaboration for the progress of a project, then discussion to solve problems together is highly recommended. Last three points are the actual play mark. There should not be anything shady or fishy about the project if it is real. All the addresses and contacts must be valid ones. Though faking oneself is no more a hard task, still the project should be clean from such doubts. Faking IDs etc is easy for social engineers. Every project shows as if the investor holds importance equal to god. Obviously, customers are the key to success. It is very difficult to see any project that will give all those things that is listed there because many of them all claim that they are working under the decentralization program which requires the full protection of identity if any cryptocurrency user be it developer or end user, but I think that they have also taking advantage of this too much by scamming so much people under this disguise and enough is really enough. If we can stand on our feet as an investor that before any project can get our own penny, they should be able to go by that three rules even if they have to forget the issue of decentralization and operate in a centralized way for us to really be able to fully identify them and confirm them to be a genuine project or not.
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upyem2k
Jr. Member
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Activity: 448
Merit: 1
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November 18, 2019, 04:13:56 AM |
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Some team might be transparent but lack ideas of what they even claim they want their project to do. I am currently on two of such projects at the moment. Their project contents are now completely different from what they currently offer as a result of changing of their entire tech team. We that supported the projects are now counting our loses instead of profits.
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Mumbeeptind1963
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November 18, 2019, 04:36:56 AM |
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I believe that there are several ways to verify the legitimacy of a project team and some are listed below: 1. Try to convince the team to conduct an AMA via online video conference and ask questions including technical ones that are relevant to the project (If the team don't know what they are talking about especially with development aspects, then we could consider it as a red flag) 2. Research and verify their social media profiles especially on Linkedin and Github profiles - (for core developers) and assess if they are really who they say they are and try to see their previous activity on projects they have worked on. 3. Observe if they have good community management and if they are regularly interacting with the community via social media channels and see if they are always ready to assist on any concerns of the community. (most legit projects often responds to the community's queries mostly in a daily basis and if you didn't get any response to one of your queries, then beware of this project). 4. Observe if they are posting any documentation or pictures of team activities (e.g. attending a crypto conference, symposiums) If none of these has been published, chances are the project is a scam. 5. Additionally, you could check these threads that might be useful regarding your concern. Guidelines, how to spot a scam ICO & report effectively https://bitcointalk.org/index.php?topic=5004397.0Scam Accusations https://bitcointalk.org/index.php?board=83.0I agree with this!. As you can see there are list of team member, developers and core members in their whitepaper as well as in their website, you may view their linkedin account but it is not yet okay to rely on that, they need to conduct AMA for us to identify them that they are saying the truth and all the credentials and pictures posted in their site is right , in that case we may know that they are transparent.
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Xxmodded
Sr. Member
Offline
Activity: 2282
Merit: 309
SOL.BIOKRIPT.COM
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November 18, 2019, 05:04:12 AM |
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Finding transparent ico is difficult now, because as you said it uses a different identity and what's worse is that they hire homeless people to be their front and captor all the blame of the member of scam campaign. So investing today in an ICO is like a gamble that sometimes you win and lose.
Almost ICO never transparent with their team and owner always use fake data for publishing to their investor, we got many ICO use other information to make investor interested with their ICO or IEO project. Some ICO never give transparent coin sold detail to public whit how much their coin sold and how much money collected from ICO investment.
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shadowdio
Sr. Member
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Activity: 1876
Merit: 289
Zawardo
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November 18, 2019, 05:19:55 AM |
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Scammers will do anything to scam people, as if to be a legit team with has a promising project, but they plagiarize the project with a little changes of it. It's hard to identify a transparent project team and am not good with it even they are showing their faces, it's hard to tell if they are real. Scammers really want to make money easily.
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ameliana
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November 18, 2019, 06:02:37 AM |
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Scammers will do anything to scam people, as if to be a legit team with has a promising project, but they plagiarize the project with a little changes of it. It's hard to identify a transparent project team and am not good with it even they are showing their faces, it's hard to tell if they are real. Scammers really want to make money easily.
yes, scammers always have many ways to fool every victim, on the one hand the crypto room is free and no one set it up so the opportunities for scamers to cheat are always wide open. it's important for all of us to be vigilant in everything, because scamers are everywhere. never be careless or invest money in the wrong place.
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yulionoo
Sr. Member
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Activity: 756
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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November 18, 2019, 07:15:06 AM |
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I don't think it's wisdom. because they think they have done good by utilizing and helping homeless people, but on the other hand they are scammers that have harmed many people and run off other people's money. and in my opinion there is no effective way to identify every photo contained on the landing page. because we don't understand whose picture is put there. if I identify the project by seeing who the manager and the team are if I see he is an experienced team and manager then I will join. but this also cannot guarantee the successful project experienced team sometimes fails to develop the project.
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imutlinda
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November 18, 2019, 07:20:05 AM |
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I think to see authenticity on the part of the team is to see videos, photos, and original form when there are project events. for example they do promotions in a country, as much as possible you can see them there. but this is still basic and to do more research you need to find out the background of the team
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andriarto
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November 18, 2019, 07:32:53 AM |
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I think to see authenticity on the part of the team is to see videos, photos, and original form when there are project events. for example they do promotions in a country, as much as possible you can see them there. but this is still basic and to do more research you need to find out the background of the team
a project that is done really seriously will certainly be a lot of events held. and they can easily interact with potential investors. indeed the achievements of the team on the previous project became a reference for determining steps. because the team already has credibility, then he will work on potential projects as well
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valuater
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November 18, 2019, 06:00:10 PM |
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for scam project yes, most CFOs or advisors display their identities, some of them I think are trapped by scammers, but of course they still get paid a certain amount.after selling them successfully I think the scammer will benefit from what he spent on "hiring "cfo / advisor, the rest mostly cfo / advisor will play as oppressed people and try to avoid and don't want to be blamed because the project they handle is a scam. and to identify it, I prefer the classic way of choosing the right project" have the original team without a single person fake there and also active in following blockchain events and certain events.
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