What is Transparent in it if team behind the coin is anonymous

[Cryptoababe]

These days, I've seen a lot of project where people ask in the telegram group like. Where is team profile? . The answer they get is team is anonymous. I'm always like, why? Why would they prefer to stay anonymous. Is there any reason behind this or are they just copying satoshi?
Because after knowing this, many people still go on to invest on an anonymous Erc20 token project with no useful purpose. I would love to see if there is a good reason behind this anonymity.

[livingfree]

They are not copying satoshi. What they do is trying to avoid future implications if they have bad thoughts and results about their project.

No one will be followed, no one will get sued if the team is anonymous. This is why it's good to follow those projects that has a known team and is composed of people that has experience in cryptocurrencies, not just the typical expert that the media says.

[dimonstration]

They should include team details to know that they are legit and we know whom we xan contact when there is some profile. I will stay away in projects that don't believe in their project since they don't want to let people know who is behind that idea ir behind those projects. In ICO stages or start of projects founder should atleast be known. How they will be able to promote or attend some seminars if they are not known? Team's background is important in investing.

[tippytoes]

They are not copying satoshi. What they do is trying to avoid future implications if they have bad thoughts and results about their project.

No one will be followed, no one will get sued if the team is anonymous. This is why it's good to follow those projects that has a known team and is composed of people that has experience in cryptocurrencies, not just the typical expert that the media says.

That's the main reason why most projects are anonymous, to evade potential legal issues in the future. Because most of them have the intentions to rip money from naive users, and disappear once they collected money, disclosing their team members will a big threat for them. So if you see a poor quality project raising funds, please don't spend your hard -earned money because more than likely, you will be screwed big time.

[Genemind]

I don't see any problems exposing your identity if you really have true intentions of developing a project. Some are avoiding legal responsibilities or consequences or having their name involved in a project just in case it fails or turns out to be a scam.

[pandanaran]

I have previously heard about the anonymity of the team behind their project such as face photos using animated images, incomplete profile data and making most users wonder that is it about crypto anonymity or not? and I don't think so. for me every project must have a valid and transparent team. if not, then this will raise suspicion.

[marks1976]

I didn't even believe if they wanna copying satoshi but from what I have seen before there were very big possibilities that can become scam projects. I should remind you about when the scammer create a scam project and they will never reveal their true identity to make sure if they will not get caught by the police.

That could be the main reason why they will not reveal their true identity or stay anonymous with it.

[Baimovic]

If the team is not transparent, chances are that it is a red flag for you. we need a real team with complete data verification, if a team behind the project is not transparent then I'm not sure if this project is good. This is not about a copy of the satoshi and it is clear that this is an act of deception trying to imitate satoshi.

[kayvie]

The reason is that they are trying to avoid any complications in the future. They somehow have something in their mind that they don't want to provide the identity of their team. It is not because they are copying satoshi, but to at least make an easy way out if possible that they think of doing it. About the transparency, they only mean of it about the project without including their identity which is not right for providing transparency.

[Wexnident]

Mostly because if they used fake profiles, then they're pretty much going to get caught sooner or later, and if they used their irl profiles, they may or may not have the correct qualifications to even start a project and are just scamming others, or three, they just want to stay anonymous without any particular reason, they just want to. It's not like anonymous teams in projects is bad, look at how Bitcoin went, but MOST of them are just people escaping from responsibilities brought about by their bad project, so it's best to trade with caution. Besides, a team is just one way to judge the legitimacy of a project, there's still various ways such as the white paper after all.

[GreatArkansas]

There are some advantages and disadvantages to why they want to become anonymous?
Because some people or investors want the coin or project is open source or no one owns it like it is community-driven. While some people want the team are credible and legit, they ask who are they and people will do some research if somehow those people mentioned really belong to the project.

[inanilujimi]

It must be questioned if the team is anonymous, and I personally dare not put money into someone who is not clear on the project. of course with them being anonymous can make them free to do other bad things.

[chikator]

These days, I've seen a lot of project where people ask in the telegram group like. Where is team profile? . The answer they get is team is anonymous. I'm always like, why? Why would they prefer to stay anonymous. Is there any reason behind this or are they just copying satoshi?
Because after knowing this, many people still go on to invest on an anonymous Erc20 token project with no useful purpose. I would love to see if there is a good reason behind this anonymity.

I just feel like teams who tend to do this are not committed enough on their work. People are about to entrust you with their money and you choose to remain anonymous, theres no trust in their at all. And i believe that if there woukd be money involved, trust should be the foundation more than any.

[Zemomtum]

There is no excuse to remain anonymous when you want to collect money from people. Satoshi that does do not sell any token, neither conducted IEO nor ICO, that is fear enough. If the project is not transparent enough to disclose team member for the purpose of competency on the subject and be responsible if anything went wrong, then those who put a penny on such are to be largely blame.

[fuer44]

they don't want to be exposed because the most sensible reason is this crypto world is anonymous, and the team assigns anonym to maintain privacy. Moreover, investors and participants involved come from any country in the world and it is not possible to meet face to face. there is another, namely there is no legal guarantee because when there is a project failure, their privacy is still maintained. I think so

[asriloni]

Remember this because this is a common thing that majority of crypto users known about this, the team that goes into the anonymous team and hide their identity from the public will always have a very high risk.

We must look at the history of the anonymous team because it will always be linked to the scam projects. When it was running by famous developers and then they will never try to hide their face from the public but sometimes there will always also an anonymous team that looks legit and after they have done successful development and then they reveal their identity to the public.

[michellee]

I think they have their own reason why they prefer to stay anonymous, and I think they don't copy what satoshi did. If you feel that if the project doesn't show who is the team can lead to the scam, you don't have to invest in that project.
People will invest in any project they want, and they will have their reason why they invest in that, whether the project has a team profile or not because the purpose to invest in the project will be different.

[maxreish]

Isn't more appealing and more sincere project if the team is real and not anonymous? I've seen a lot of fake team profiles with great projects at first but ended up being left behind. Transparent progress as well as transparent and real team is significant to spot whether the project is build sincerely or just created to scam investors and participants.

If they are still hiding their real identity, how can be those project become recognized in the first place? I mean, future complications and issues shall be handled by real person. How can we reach them if they stay being anonymous?

[bitsurfer2014]

I would love to see if there is a good reason behind this anonymity.

The good reason for having an anonymous team is they maybe immune to future legal liabilities should the project goes wrong - wrecking its investors which is most often one sided only and that is to benefit these developers and not its hodlers and community.

Some perceive it as a red flag to the point that people tend to avoid being involved with it as with the case with previous scam projects with anonymous developers or team. Beware!

[Cryptoababe]

I don't see any problems exposing your identity if you really have true intentions of developing a project. Some are avoiding legal responsibilities or consequences or having their name involved in a project just in case it fails or turns out to be a scam.

When they are anonymous .. They all turns out to be scam no matter what kind of exchanges they list thier coin or token . Avoiding legal responsibilities means they have the intention to scam at the end.