Anonymous teams

[abel1337]

For new projects at this time, most of their team is anonymous, if you are in doubt don't force it to enter, even if there is a real team, there will still be a high risk of investing in crypto. so the choice remains in the hands and confidence of each individual.

agree with you mate, most of the defi projects nowadays are being run buy anonymous team, I already witness some of them that are still doing great now, they are also in coingecko and coinmarketcap, even in decent exchanges such as probit, okex and many more. Maybe not because the team is shown in the website we can say that, it is real and legit, they can also get that identity to someone else's, we all know that even in Google you can get fake identity or fake ID. A hunter, trader and investor should research for everything first before they will spend their time, effort and money.

[1714865299]

1714865299

[1714865299]

1714865299

[oioi]

a team for a project is really needed, because not all work can be done by semditi,

but for an anonymous team it shows no honesty for a project, and it's not good for a start without honesty,

[Ucy]

I think you don't have to worry too much if a project is well decentralized and secure.
What aspect of a team being anonymous are you worried about? Are you worried that the team will flee with investors funds, hack the project or something? Then don't hand them your funds. Funds could be held in smart contract and release to the team bit by bit as they fulfill part of their plans, agreements or roadmap. If it's about the security of the project, then make sure there are enough people (qualified/reputable people esp) reviewing the codes, and check & balances each other in very transparent environments.
 Developers shouldn't be forced to reveal their personal identities to the public if they don't want to or if they did nothing wrong. It should be optional or matter of.
By the way, if identification becomes necessary, you could have them verify their identities and store them secretly on a shared network/system without anyone having access to the identities unless serious crime is committed.

Reasonable numbers of Bitcoin developers were anonymous yet we had Bitcoin developed and working fine.

[bittick]

It is indeed a dealbreaker for most of the people that concerns about the safety of money they invested moreover if the project is demanding some funding. i'd honestly just go away and find some other trustworthy project rather than risking my money to some stranger in the internet.

It's almost as if we are certain that somethngs might deviate from what it promised if the team weren't properly presented to public. It's like they got secret that they want the public not to know about so there's that.

If they want funding they should also expose their own identity so people could judge whether that person is trustworthy or not.

[illnino]

I also cannot entrust them my money. Anonymous teams look like people, who have the right to vanish with thousands and millions of dollars, and nobody will find them. Stay away from those, who who hide their personalities from us, investors.

[DamonWilliam]

They hide their real face, for this there are some reasons, perhaps in the past they have done something bad and now, when they are unhappy, they will not want to use their new project.

It is up to you to trust such projects or not, but you still need to be wary here.

[akirasendo17]

they were right investing in unknown team or groups will result in losses, mostly they will disappear after the ico, or when all payment received website down, group deleted, those are types of scams that newcomers encounter trusting them because of sweet promises, instead look for persons who have other projects that are successful and still up until now, peace of advice never listen or attract to 1000x returns it will end badly for you.

[terizla]

Me too. I don't like the project who give privacy about their team. But that doesn't mean I think the project is a scam.
I join many airdrop last month and most of them team is anonymous. But, %70 of airdrop i join is giving payment to all participant.

[Anyobsss]

Is it just me or what? I honestly dislike projects that have anonymous team when the project isn't a privacy Monero kinda thing, even few Privacy tokens have teams that aren't anonymous, shit I just feel like they are hidden for a purposes, some kinda easy getaway? What's your thought about this?

Definitely a scam. Never invest in a project that has an anonymous team. There's a 100 percent chance that they will just scam you. Also, It will be more reassuring if you will entrust your money to a team that shows themselves and has a good reputation. You will be throwing your money if you will invest in some projects with anonymous devs.

[Nhor1011]

Is it just me or what? I honestly dislike projects that have anonymous team when the project isn't a privacy Monero kinda thing, even few Privacy tokens have teams that aren't anonymous, shit I just feel like they are hidden for a purposes, some kinda easy getaway? What's your thought about this?

Of course, it's difficult to trust the project with anonymous team. Mostly those project turned to scam and after they receive money from investors they suddenly gone and no one can trace them because they are anonymous.