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Author Topic: Why do some ICOs have different 'team location' and 'place of registration'?  (Read 243 times)
Kotone
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December 12, 2019, 05:07:07 AM
 #21

Hello. I have been viewing ICO projects on third-party platforms such as ICObench.com and Coingecko.com. I find that some ICO projects have different 'team location' and 'place of registration'. For example, a project may be labeled with 'Cayman Islands' but you can tell from their official websites that the main team members (office) are in somewhere else, say, the US or whatever.
So why is that? Is it because of the considerations on ICO regulations? Huh

I dont see any relation why this has to be an issue. Developers can be anywhere mate, even the office is located somewhere of course they can hire developers even they are far cause the work is simply on online and platform development. So what's the problem with this?

bitvalak
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December 12, 2019, 06:38:50 AM
 #22

Because not all team members come from the same country, hence the name of the country where one of them lives to represent it. No big deal.
Most importantly the identity of the CEO is clear and has a good enough reputation to be able to attract investors.
Because if the CEO does not have a clear identity then there is less chance that people will be attracted. Especially if the CEO works a lot with big people, it might be even better.

Bitbtc8
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December 12, 2019, 06:46:58 AM
 #23

Hello. I have been viewing ICO projects on third-party platforms such as ICObench.com and Coingecko.com. I find that some ICO projects have different 'team location' and 'place of registration'. For example, a project may be labeled with 'Cayman Islands' but you can tell from their official websites that the main team members (office) are in somewhere else, say, the US or whatever.
So why is that? Is it because of the considerations on ICO regulations? Huh
it means all team member are around the globe not in one single place and top projects too have different branches around the world so you will hear that head office is in a particular country and other branches in another, its not a big deal

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lighpulsar07
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December 12, 2019, 09:25:15 AM
 #24

Well it's because they don't want to reveal their true name and location to hide their real identities and this is a red flag to me because many scam ICO/IEOs have fake teams and fake registrations so, if i were you check the team first and don't get easily be trusted on their promises
boris singer
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December 12, 2019, 09:51:01 AM
 #25

they divide the concentration into two divisions, where servers and operational offices are different, this is related to regulations in their operational countries. But after ICO they combine conditions into only one information where the server is located. From here we can also explore the real identity and location of the developer, because most of them actually use this as refraction traces for fraud.
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