Teams showing real faces to public can still scam you

[magneto]

It's easy as to photoshop a stock image of a random person, and put it on a site as if this is your team.

And we've seen a ton of instances where unscrupulous teams who know that they have no qualifications whatsoever put on these stock images onto their team page go bust. Just because there is a team doesn't necessarily mean that the project is somehow more legit.

And even if the photos are not photoshopped, what extra do you gain by having a team that you have never heard of or met in your life? Does it add to your legal recourse? No.

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[upyem2k]

Showing pictures and attending cryptocurrency seminars has been a strategy that really worked for a lot of projects that turned out to be scam. ProFish is an example of such projects.

[sehoon]

I hope they can still get caught by the authorities since they've already shown their faces. I mean, if that person is a scammer, the government must be doing something about it. Just because it is cryptocurrency-related stuff, you can't do arrest to these people. They ruin the crypto space to a high degree.

[tenakha]

I am here to confuse people who still think that any new projects that entered crypto space with teams that are able to show their faces on videos and even attend good crypto seminars anywhere around the world have nothing to hide, and they think its real project and far from scam, well the biggest scams in crypto space are able to cater away with that huge money because many believes they are real, The ceo and teams coming out in publics to discuss about the projects doesn't erase the fact that they can scam you.
Bitconnect did the same thing and miracle tele joined too

It has become normal to encounter such situations. It is the same as stealing someone's money in real life. Sometimes there is a mask on your face and nobody sees you, sometimes you have nothing to fear and do not even wear a mask. So some situations like this cause inevitable loss, and you can not know what to believe. Experience may be your only assistant but there is little possibility of it being useful.

[Arsenyo]

Every investment is a high risk and unfortunately now we can't fully avoid scammers. Neither in crypto market or in real life. Scammers are everywhere.  And if team shows its faces it doesn't mean you can trust them, they can abandon the project anytime they want.

[allwelder]

Seems like this.
Even though some projects are dead not by scam,but I'd say many projects failed due to team give up.
https://en.cryptonomist.ch/2019/01/13/reasons-failures-blockchain-projects/

there already reports talked about the reasons about projects failures.

[Bim abk]

Every investment is a high risk and unfortunately now we can't fully avoid scammers. Neither in crypto market or in real life. Scammers are everywhere.  And if team shows its faces it doesn't mean you can trust them, they can abandon the project anytime they want.

they can manipulate their personal data, and also sometimes their projects fail to be developed so they will leave. because even if the team dares to give their data transparently but it will not guarantee the authenticity of the project and also the benefits therein

[Ken_terrance]

And here we are having people who are comparing real life fiat criminals to crypto criminals, real life criminals still hide from the law and court, avoid coming out to the public because they will surely get caught, its not the same with crypto

[gaston castano]

of course not, I have participated in a project like you said, they did it very well like nothing happened, but after collecting funds when their ICO suddenly disappeared there was no news.
that's why it's so difficult to distinguish between a scam and a legit one.

[Rhaizan]

I hope they can still get caught by the authorities since they've already shown their faces. I mean, if that person is a scammer, the government must be doing something about it. Just because it is cryptocurrency-related stuff, you can't do arrest to these people. They ruin the crypto space to a high degree.

You also need to provide more  of evidence before you can file a case against the scammer , mostly before you will catch them scammer delete all those evidence that you can have even video they upload .

[NathanJB]

I am here to confuse people who still think that any new projects that entered crypto space with teams that are able to show their faces on videos and even attend good crypto seminars anywhere around the world have nothing to hide, and they think its real project and far from scam, well the biggest scams in crypto space are able to cater away with that huge money because many believes they are real, The ceo and teams coming out in publics to discuss about the projects doesn't erase the fact that they can scam you.
Bitconnect did the same thing and miracle tele joined too

There are projects that were legit through and through when you check on their website, whitepaper, ANN thread, and everything. Only a careful scrutiny will expose a certain scam portion on their project. And mostly, these are scams from a legal standpoint. It may not appear like that in the eyes of the normal investors. For instance, Centra was a project that was great. They were able to raise a big amount. They had a complete set of real people in their team. They even had Mayweather the boxer promote their project. But only to end up just like the rest of the scam projects.

[jets567]

I am here to confuse people who still think that any new projects that entered crypto space with teams that are able to show their faces on videos and even attend good crypto seminars anywhere around the world have nothing to hide, and they think its real project and far from scam, well the biggest scams in crypto space are able to cater away with that huge money because many believes they are real, The ceo and teams coming out in publics to discuss about the projects doesn't erase the fact that they can scam you.
Bitconnect did the same thing and miracle tele joined too

I agree with what you've said because I've had some experience with the project named "Atlantico-network" which I believe that the CEO itself is just a guy who got paid by those scammers to show his face for their promotional videos and making some live AMA. I also found that they fake the amount they are raising during the token sale to attract their participants to invest  before the token runs out.

There is a good thing though for a team showing their faces to public because investors can use those videos as evidence when they file a case against them if ever the project turns out to be a scam.

[huu78]

I think not necessarily the project that shows their face is completely secure.
I've found the project outputs the ETH platform a lot of fake faces and has a strange project and bad whitepaper.
They could have escaped without guilt for not the face they were wearing.
For the project that true they are original is also not necessarily safe, could be their project just running while at the beginning and not in the management anymore.

[fosco333]

Indeed, there is no guarantee that is not a scam project if they show their real face.
But at least the team can go to the court if many peoples report them, like the CEO of Titanium project.
Invest when you really trust the project, and only if you can afford to lose it.

[joshua123]

I am here to confuse people who still think that any new projects that entered crypto space with teams that are able to show their faces on videos and even attend good crypto seminars anywhere around the world have nothing to hide, and they think its real project and far from scam, well the biggest scams in crypto space are able to cater away with that huge money because many believes they are real, The ceo and teams coming out in publics to discuss about the projects doesn't erase the fact that they can scam you.
Bitconnect did the same thing and miracle tele joined too

Miracle tele shows the real face after a dramatic scene of exiting as the CEO leave the project and other team follow. So what is this, just like that? How about the investors who believe, there should be a punishment or reimbursement of ICO investors here since the money has been collected only to be disappointed like that. Many are angry with Miracle Tele so I'm hoping there is someone who can put them into warmth place for meditation of their awful sin.

[akungagal]

yeah, greed makes them do anything including by showing their identity in public.
their goal is that more investors trust them and are interested in investing in the scam project they make.

not only in the crypto world, in the real world too many things happen like that. even the closest and most trusted person can steal our money. so, to avoid that happening to us, it's better to be careful and wiser in making decisions.

[coin-investor]

I am here to confuse people who still think that any new projects that entered crypto space with teams that are able to show their faces on videos and even attend good crypto seminars anywhere around the world have nothing to hide, and they think its real project and far from scam, well the biggest scams in crypto space are able to cater away with that huge money because many believes they are real, The ceo and teams coming out in publics to discuss about the projects doesn't erase the fact that they can scam you.
Bitconnect did the same thing and miracle tele joined too

I would like to add Bitmillex to the list and the infamous Adab, they are doing a lot of webinars but cannot complete what they promise to their supporters, each one of them has a version on how they scam their investors, but in the end, you'll know that they are not doing everything to complete their roadmap and what they promised to their investors, and blames the market for the misery, it's like an endless cycle of keeps blaming the market.

[Aabcde]

Yes, that is true. Many scam indications are not just 1 or 2. Which in essence money changes the attitude of the developer. A good developer can be greedy because the money he gets from investors is very tempting.
In my opinion also coins that enter the market and the price is far below the ICO price, including a scam. Because it's a form of fraud, even though the market price depends on the buyer. But the buyer (not investor) also has a reason why the coin should be worth that.

[BeginToMine]

Of course have witnessed a lot of projects like that, I mean they show up their real identity during ico/crowd sales and there after they disappeared, I don't want to mention names here.

[joseyphil82]

yeah, greed makes them do anything including by showing their identity in public.
their goal is that more investors trust them and are interested in investing in the scam project they make.

not only in the crypto world, in the real world too many things happen like that. even the closest and most trusted person can steal our money. so, to avoid that happening to us, it's better to be careful and wiser in making decisions.

Very funny, how will one be wiser and careful when choosing nee projects to invest in? every good and bad projects have teams that will show their faces either they are here to scam people or to deliver good service to the people, even if these people are living next to us there is no way to read human mind and know their aims