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Author Topic: Anonymous teams  (Read 1071 times)
Rowenta (OP)
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October 31, 2020, 06:14:08 AM
 #1

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?

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The trust scores you see are subjective; they will change depending on who you have in your trust list.
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October 31, 2020, 06:40:47 AM
 #2

never ever deal or invest in a project with anonymous team/s
i'd been saying this again and again seen 2013 my year with bitcointalk

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October 31, 2020, 06:44:35 AM
 #3

The team is the most important part of a project, I also always look at who the team is behind the project. If they don't make it public, it will make me less trustworthy and uninterested in investing.
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October 31, 2020, 06:57:55 AM
 #4

Don't do it, a project with anonymous team are probably scammers, team information is very vital, this is a way of knowing how capable the team will handle a project, if you can't find any information about the team then you are alone in the dark on this one, this ain't year 2012 where majority of altcoins without team still performs better

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October 31, 2020, 07:05:01 AM
 #5

Is it just me or what?
Not only you, but I also dislike this, but we need to accept the fact that not all projects are built to bring positive things to people. And that's why I think led to why there are projects with anonymous teams.

What's your thought about this?
I have seen some problems, people when looking at a project, namely for finding out investing in that project. Agreeing is an important factor to determine the success of a project.
But that can not be sure that the project will be successful, in fact we have many failed projects. The issue of anonymous teams is not that important to me either, and I don't see it as an important issue in a project.

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October 31, 2020, 07:16:21 AM
 #6

If the project hides its team, then you can safely forget about it and wait for news when it closes and takes a lot of money with it to the "grave". This is the main red flag.
An open team could be a quality indicator of the project's intentions. You don't hide your face when you go to the Bank or pay for a purchase in a store, do you?
It seems to me that it is right time for the crypto community to completely ignore anonymous teams so that projects do not even have the idea that "or maybe not put the team on the site..."
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October 31, 2020, 07:23:39 AM
 #7

Well I've seen projects with anonymous teams that performs very well than other, also there are many projects with real team that still end up dead or scam their investors, this your point is 50/50 percentage effective, it's vice versa

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October 31, 2020, 07:31:07 AM
 #8

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.

True, it's not like people are being forced to invest in a certain project anyway. Like, If you don't want the project because of its anonymous team, then don't even bother. Investors have the freedom to choose just like how this teams have the freedom to hide their anonymity. It's not like those team who give their identities are 100% legit anyway.

Anonymous or not, it's still the same for me. Always be vigilant.
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October 31, 2020, 08:15:18 AM
 #9

There is no reason for team to go anonymous, coming out to the public will create more confidence in the investors mind, even if the project is privacy coin it's still doesn't make any sense to go fully anonymous, let the world know who you are and stop hiding like criminals
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October 31, 2020, 08:17:08 AM
 #10

Avalanche was able to win investors heart with their blockchain experience in the past, the team have been around even before bitcoin, that was what got me, I don't hesitate to go into this project, the full experience thing makes things easier for them, going anonymous won't help, not in the time anymore
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October 31, 2020, 08:17:49 AM
 #11

Never trust a project with an anonymous team, this is not news for a long time, most if not all such projects are 100% scams. Sometimes it happens that the team is not posted to the site, but then it should be in another source, such as LinkedIn or YouTube.

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October 31, 2020, 08:38:13 AM
 #12

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?
Anonymous team began when DeFi skyrocketed, I don't blame them when they go hidden as there is always disclaimer written in their website for investors to read.
DeFi is still new with numerous attacks and hacks, any attempt on smart contract with bugs can lead to loss of funds. To save their identity from high authorities and incase of future losses, they prefer to go anonymous path.

DeFi idea are legit most of this team but the problem they encountered is sometimes far beyond the team ability to handle, the Yam rebate bug that happen to YAM projects is an example, they tried their best but they had to let go of the projects. Invest with caution and avoid unnecessary lost.

The best you can do, don't invest in anonymous project if you cannot handle the risk. There are situations that team cart away with investors funds. Please be careful.
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October 31, 2020, 08:40:28 AM
 #13

never ever deal or invest in a project with anonymous team/s
i'd been saying this again and again seen 2013 my year with bitcointalk

Deal? Maybe
Invest? No! And you're absolutely right about that. People who are asking for money/investment should be open like a book.
And not some fake or annon avatar. That has scam written all over it because there's no one to pinpoint
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October 31, 2020, 08:42:59 AM
 #14

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?
That's true, veil privacy coin has team and few others, I don't blame you if you don't trust such projects, crypto is getting into mainstream now, what is there to hide for if your project is transparent and you have nothing to hide in your cupboard? It doesn't make sense, gone are those days of Monero and other old coins that have anonymous team members

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October 31, 2020, 08:44:48 AM
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 #15

I'm thinking that those projects in 2017 and 2018 that turned scam are making a comeback and they don't want to expose their faces again since this forum is capable of bringing up their misdeeds of the past so the only way is to go anonymous

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October 31, 2020, 08:58:07 AM
 #16

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?
Simply and easy way of understanding..

Why would they need to be anonymous when they need to run a company?

Team members or company Owners need to be known to gain attention and trust from the Investors


Come to think of that and you will find why Trust a team that don't wanna be trusted?

I'm thinking that those projects in 2017 and 2018 that turned scam are making a comeback and they don't want to expose their faces again since this forum is capable of bringing up their misdeeds of the past so the only way is to go anonymous
Eventhough they are from what year and not have scamming history here,Yet they need to be Broadcast and no reason to Hide their identity.









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October 31, 2020, 08:58:51 AM
 #17

The team members are one of the most important factors in considering a project. If the team is anonymous how would you trust the project? This is a mere scam project on my thought, I never consider joining a project having anonymous team members. I never trust such kind of project, they only show that they can't be fit to manage a project in a very well manner.
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October 31, 2020, 09:29:24 AM
 #18

Before, we understand the importance of decentralized prpjects that needs to cover the developers of it.

Example is btc and other privacy coins.

You are right, there is no essence anymore if the new projects are keeping their team anonymous.

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October 31, 2020, 09:39:19 AM
 #19

If the team decide to stay anonymous then I believe my money should stay in my anonymous wallet too, no matter how interesting a project use case can be if the team aren't public then it's nonsense, infact team is all that matters most times, look at binance exchange for example, the exchange managed to be this big today because of the team, isn't it?

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October 31, 2020, 09:50:24 AM
 #20

are monero and other private coins anonymous ? but its okay for monero and to others that are already established because the chance of them scamming thier investors is low but it will be risky to trust a new project with anonymous team even if thier concept is being anonymous unless if they can give something as assurance that they wont do an exit scam like giving a colateral to the investors stuffs like that.  overall theres no need to hide but they must be proud that they are the creator of the project  . dont tell me that thier idol was satoshi nakamoto?
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October 31, 2020, 10:02:22 AM
 #21

The teams come in front or stay anonymous based on the nature of the project and the field they are going to serve.
Satoshi was determined from start to keep his anonymity but many of the core developers and proponents of bitcoin are know to public. Most of privacy based coins team are also anonymous while some have come forward to advertise and promote it.
But for every service related tokens like Ethereum and others, it's better for the team to come forward and take and share ideas for the development of the project rather than stay behind anonymous curtain.



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October 31, 2020, 10:06:43 AM
 #22

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?
It's not only you but me too. The anonymous time has more probability to be the next scam project. Monero is a transparent and it's different with anonymous shit scam defi projects that have developed by the anonymous team too.
I kinda feel there's a lot of coins were hiding their agendas. it can't be prevented through did the regular audit. We know that in crypto everything is about the code.
Never try to believe anyone and this will always become the main thing that must be remembered by anyone.

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October 31, 2020, 10:11:52 AM
 #23

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?

Anonymous team when doing crowdfunding is to risky any kind of alibi cannot be accepted it's like giving your money to unknown people and there's no way to go after in case they run away with investor's fund, it's ok if they have a platform ready and their coin in the market but asking money before set up is risky and dangerous.

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October 31, 2020, 10:56:37 AM
 #24

This time almost no one believes in projects with anonymous teams. When an investor wants to invest his or her money, they must know all the information about that project. There is no reason to hide team information.
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October 31, 2020, 11:31:06 AM
 #25

This time almost no one believes in projects with anonymous teams. When an investor wants to invest his or her money, they must know all the information about that project. There is no reason to hide team information.

Developers already know that, that is why they are faking their teams by doing photoshop, and they even go to the extend of hiring fake people to front for them, I have a friend who has nothing to do with Cryptocurrency but gets an invite from one  Cryptocurrency projects because he looks like a businessman,
but it's easy to expose this people because there are tools to track their photo shopped images.

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October 31, 2020, 11:37:45 AM
 #26

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?

If the coin is decentralized and doesn't sell tokens, I think it doesn't matter if the developer team is anonymous because network security is left to the community. Bitcoin is one coin that does this in addition to a few altcoins. Centralized projects usually carry out ICO or IEO and this is the largest portion of the supply usually held by the developer team so that dumps are prone
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October 31, 2020, 11:49:28 AM
 #27

This time almost no one believes in projects with anonymous teams. When an investor wants to invest his or her money, they must know all the information about that project. There is no reason to hide team information.
You're right, investing without knowing team's identity is like throwing money through the window. Most anonymous projects are bad projects, gambling is better than investing in them.
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October 31, 2020, 12:22:35 PM
 #28

This time almost no one believes in projects with anonymous teams. When an investor wants to invest his or her money, they must know all the information about that project. There is no reason to hide team information.
You're right, investing without knowing team's identity is like throwing money through the window. Most anonymous projects are bad projects, gambling is better than investing in them.

Absolutely there is no point in investing in a project where the founders of the project don't want to disclose their identity. It raises a big question mark what are the team afraid of to reveal their identities ?
Is it their past or what they want to do in the future?

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October 31, 2020, 12:30:02 PM
 #29

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?

If the coin is decentralized and doesn't sell tokens, I think it doesn't matter if the developer team is anonymous because network security is left to the community. Bitcoin is one coin that does this in addition to a few altcoins. Centralized projects usually carry out ICO or IEO and this is the largest portion of the supply usually held by the developer team so that dumps are prone

The only thing why bitcoin become successful by having anonymous is because Satoshi has passion on his creation unlike other BS anonymous team that main goal is to exit scam freely. Most of this scheme are famous on DeFi project. They are claiming that they need to become anonymous so that government can't take down the project because the project was decentralized even though there project is a complete garbage.

Anonymous team nowadays will not gonna work because the regulators are very strict to monitor this kind of investment especially on DeFi. The project team can run and avoid tax despite the amount of untaxable money they are earning on there finance project.

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October 31, 2020, 12:54:13 PM
 #30

They have project that have annoymous team but they are legit because maybe they want their privacy but mostly of the annoymous team who have project are possible to become scam it's because people will never get idenity to them that can use against them but there is project are not annonymous but it still scam it depends to the purpose of the team but I suggest to invest to the team who is not annonymous for more chances that it legit.
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October 31, 2020, 01:06:45 PM
 #31

It is always been an issue for me. I have many projects encountered that has anonymous team because they want to hide their identity just like as Satoshi. But most of them gone because they were scammers. I don't believe about anonymous team because in order for a project to become successful in an industry that has full of competitors, you have to give your investors a trust. How we trust a certain project if we don't know about them. We just build doubts because they might hide their identity due to they are criminals or scammers. Because if they did not, they are proudly of their achievements and faces.

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October 31, 2020, 01:16:44 PM
 #32

I used to be a full time miner and I can say that many projects I mined have no real team, they are just websites with good designs and roadmaps, I later find out that team coming out to the open is very important, coins like haven protocol and loki are few of the coins that I mined and they are still alive today

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October 31, 2020, 01:24:26 PM
 #33

Except for private coins and PoW mined coins, projects that issue tokens themselves and the tokens are controlled by the project team need transparent information. Otherwise no investors will be interested in it.

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October 31, 2020, 01:28:15 PM
 #34

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?

so do i
for now anonymous team is not a good, because investors need to know the people behind the project
and knowing the team is very important before we drop our money mate,

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October 31, 2020, 01:34:02 PM
 #35

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?
Well, you can't blame the team for being anonymous, just think about satoshi - made the biggest cryptocurrency so far and yet to be deanonymized.
I guess its not that appealing if you see fresh new project with anon team, but you can just not invest in it.

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October 31, 2020, 01:37:45 PM
 #36

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?
It, not an easy task to determine whether the team has its own internal agenda or not but it can be analyzed through how serious the developers to develop the project. Even the team that has published its identity can't be trusted and the anonymous projects the more risk for the people who have been joining there.
It looks like a lot of people have been getting the same feeling like you too.

You can't even put those new privacy coins to be in the same level as monero and it will never happen. Monero in another level.

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October 31, 2020, 01:47:28 PM
 #37

I never really liked projects with the anonymous team, to begin with, because it's riskier. I always mention it not to trust projects that don't disclose any members of the team. It's simply because when there's a problem that occurs in the project, you don't know who you will run to and look for. Knowing who is the team behind a certain project is essential that's why when I look for projects, I always look for the team when researching.
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October 31, 2020, 02:00:57 PM
 #38

What do you expect from anonymous teams if they hold an ICO quite risky and it could be that people will be disappointed? Scam many projects are scam without a clear team and there are only token sales held for everyone no transparent everything is closed it's very dangerous and it is very vulnerable for investors that the project could run away all the investors' money.


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October 31, 2020, 02:23:27 PM
 #39

Anyone that want my capital under his custody and want to remain unknown, I will pick a race and run without looking back. If you don't want to get investor's fund and run away, why hiding the identities of people involved? It is a red flag for me.

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October 31, 2020, 02:39:32 PM
 #40

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?

IMHO, I believe that the privacy/anonymity of the project founders must have a limit, and If they dont want to show their true identity, they should assign a
trusted representative to act/represent for them, but it should be limited to the projects that have not done any fundraising campaigns or any kind of token offerings, But if the project is doing a fundraising campaign like ICO, IEO, etc. the project team should be known for the sake of transparency.  

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October 31, 2020, 03:05:16 PM
 #41

I don't have a problem with people wanting to maintain privacy. It is more important to look at their experience and accomplishments. We also have to look at how trustless their project is. If there is an admin key that would allow them to easily steal funds then that is a warning sign not to invest.

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October 31, 2020, 03:09:38 PM
 #42

I also felt uneasy if teams are not visible its like they are up to something that might not be good in the end which being transparent in every project is important and vital to the success of it. Mostly DeFi projects now are anonymous that might be scary to investors and supporters to partake with such projects because team's visibility is really that important in order to build trust within the community. If no visible then the risk will be doubled and second thinging is inevitable, so as much as possible team must be transparent in every way.

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October 31, 2020, 03:33:10 PM
 #43

It shouldn't be a big problem if the project utility is very good, do you know the teams that run UNISWAP and other DEX platform out there? Yes they are completely anonymous and yet people are using the platform and buying their tokens, but projects will surely be more attractive if their teams are not anonymous

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October 31, 2020, 03:39:35 PM
 #44

for me Anonymous Teams are mostly scam projects so that later when they are proven to be carrying out a scam project they are difficult to track, it is very risky to invest in the Anonymous team project, while the real ones are quite a lot fail
Moreover, the team is Anonymous, even though some are successful but not much and the risk remains high
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October 31, 2020, 04:20:34 PM
 #45

It's not a problem for me, I believe in my skills of doing research on new projects and moreover we've been told to invest only what we can afford to lose, that's for those who want to invest but as for me I'm a bounty hunter but still I make sure I do my own tough research first before promoting any new project either with anonymous teams or not.
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October 31, 2020, 05:05:05 PM
 #46

Most of the projects where is anonymous team turns out to be a scam and therefore it is better not to have something to do with cryptocurrency projects where is anonymous team and investing in such projects is certainly inappropriate, but there are also very good projects where is anonymous team comes across, but of course there are very few such projects.
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October 31, 2020, 05:16:28 PM
 #47

never ever deal or invest in a project with anonymous team/s
i'd been saying this again and again seen 2013 my year with bitcointalk

Yes, as practice shows, project teams that want to remain anonymous, most of them end up badly. But there are exceptions to the rule when we do not know exactly who is behind the project, but such projects show their effectiveness even after years. By the way, if you have invested in BTC, do you mind the fact that we don't know who Satoshi Nakamoto?

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October 31, 2020, 05:30:31 PM
 #48

I am now seeing reasons to believe that all these projects with anonymous team do not worth it at all especially in Defi, they are claiming that since their project is decentralized or is a DeFi that it is okay for the project team to hide their identity. The fact is, with their identity hidden, they can say whatever they want and do whatever they want without anyone holding them accountable, and now assuming a project team decides to exit scam, who will the users hold, no one. Yes, we can carry out our own research but there have been many projects that started well only to list on exchanges and exit scam, now assuming they are anonymous, that's it. Lastly, it is easy for scammers to hide under Defi, hide their identity, hype their project, get funds and exit scam. In addition, anyone aiming to Invest in any project with anonymous team should invest what he can afford to lose.

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October 31, 2020, 06:14:30 PM
 #49

a project that hides its team identity is a red-flag for me. we are playing on the edge, and the risk is greater than the reward. Be careful, and minimize all bad risks when investing.

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October 31, 2020, 06:33:31 PM
 #50

Coin being anonymous is fine, coin should be anonymous to begin with, look at bitcoin and look at monero and you could see the difference between them as well, and you can't really trace the money in monero neither which allows people to be hidden.

However what we are missing out is the fact that when you are starting a new coin and you are a team of developers and you tell people that it should be great, if you hide behind masks we do not know who we are seeing and what we are looking at, should we just forget about who is doing the project and just only focus on the project itself? In a crypto world where thousands of bitcoins are scammed every single week, that is not something remotely possible, we are not going to suddenly start trusting everyone blindly, that is impossible.

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October 31, 2020, 06:44:53 PM
 #51

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?
the trick to escape = don't want their identity to be known...
I am always suspicious of the legitimacy of a project if the developer doesn't show their identity. There have been many cases where the developer ran away with a large investment, in the real world he/her lives quietly because nothing is to interfere. must be more detailed with which projects you want to join.



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October 31, 2020, 06:54:52 PM
 #52

for what i've experienced this kind of projects that doesn't reveal the team has a higher chance of scamming you. you're thought is true they hide their identity to easily run away from the investors personally even even if there are team members i don't trust easily the project since some of them still manage to scam and run away what more this kind of project that doesn't reveal their team member.
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October 31, 2020, 07:00:52 PM
 #53

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?
the trick to escape = don't want their identity to be known...
I am always suspicious of the legitimacy of a project if the developer doesn't show their identity. There have been many cases where the developer ran away with a large investment, in the real world he/her lives quietly because nothing is to interfere. must be more detailed with which projects you want to join.

For someone you will trust your investment, this should be required and every developers should take this into account that in order to gain trust they should be showing their real identities.

Honest teams will not be worried about this if investors will ask for their info if they are for real, but the common reasoning is we are inside decentralized nature of business.

Even so, every developers should be willing to provide if ever that the call for this to
be revealed always open to proceed with the developments of the project, more supporters
will entrust their money if they've got some small assurance who to blame incase something
happened to the project.

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October 31, 2020, 07:01:07 PM
 #54

for what i've experienced this kind of projects that doesn't reveal the team has a higher chance of scamming you. you're thought is true they hide their identity to easily run away from the investors personally even even if there are team members i don't trust easily the project since some of them still manage to scam and run away what more this kind of project that doesn't reveal their team member.
There's also no reason for them not to reveal their name unless they have plan to turn their investment into scam. No investors will follow or support if they don't have sny idea on rwhat the project is all about. If they will about to list their successful or already known project and it already built supporter then there is no need to know her

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October 31, 2020, 07:05:01 PM
 #55

never ever deal or invest in a project with anonymous team/s
i'd been saying this again and again seen 2013 my year with bitcointalk

I agree.

There's not much to discuss here, all has been said in that one sentence.

Anonymous team = scam, fake pictures or names = scam, team "borrowed" from another project site = scam.
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October 31, 2020, 07:11:10 PM
 #56

With the high level of scams in the space now, anyone selling themselves as anonymous team and asking for money is likely to be a scam, comparing yourself to Satoshi is like comparing Apple and Oranges. Satoshi did not ask anyone for money and the project was open for anyone to mine unlike all these anonymous team that are pure money grabber


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October 31, 2020, 07:30:17 PM
 #57

If there are projects with anonymous teams, I will immediately avoid investing in those projects, because the possibility of
the projects scams is very large. Because good and legit projects usually show the project team profile clearly, that way we
can assess the project team. We can learn that the people who are in the projects team are real people or not. Openness is
very important for project team to attract investors trust.

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October 31, 2020, 08:05:54 PM
 #58

Personally, I don't like that there is an anonymous team behind the project, I don't feel trust that my financial investment will be in safe hands, perhaps they made themselves anonymous, perhaps for the sake of privacy or in order not to sue them, or because they depend on the advantage of decentralization in crypto, I don't have a specific reason for their anonymity, but the anonymous team might be dishonest and they might have done so in order to escape their crime.

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October 31, 2020, 08:07:48 PM
 #59

I'm thinking that those projects in 2017 and 2018 that turned scam are making a comeback and they don't want to expose their faces again since this forum is capable of bringing up their misdeeds of the past so the only way is to go anonymous

i think so. the scammer turn the projects into the scam. the hype ones particularly. after they robbed investors money, they were addicted to create the another one. there are some projects that used an anonymous team members and plagiarism whitepapers (using the same whitepapers from the previous projects, but edited some words).
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October 31, 2020, 09:44:28 PM
 #60

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?
Its not just you mate, I also dislike and avoid projects that have anonymous, I think its too risky to deal with them, I won't advice anyone to ever invest their money in such projects, because a project having an anonymous team makes it less trust worthy, how can someone trust some group of individuals who decide to remain anonymous?, what if it later turns into a scam?, so it's best we always avoid and abstain from investing from such projects.

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October 31, 2020, 09:46:47 PM
 #61

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?
This is a new and easy method for scammers to raise funds and then exit scam or rug pull. This thing is back in fashion due to recent defi hype but as the market has matured a but now since ico hype im sure this trend will not continue for long as people will realize it and stop funding such lame projects.

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October 31, 2020, 10:30:57 PM
 #62

This is very important to know who the team behind the project. Lately, we observe new projects with no team, and no real products but other people still able to invest. I don't trust easily this kind of theme without showing who they are. Since a lot of fraud these days and it is our own money that will invest so it is very important not to trust without knowing every detail of the project.
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October 31, 2020, 10:48:57 PM
 #63

In crypto projects, the team behind it is one of the most important factor, most investors would like to know if the team behind the project have had some years of experience working asup in their sleeves, it's not advisable to go round throwing money into random projects with no team to show, avoid such projects as they are likely to become a scam projects later on, keep away from them.

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October 31, 2020, 11:24:08 PM
 #64

Personally, I don't like that there is an anonymous team behind the project, I don't feel trust that my financial investment will be in safe hands, perhaps they made themselves anonymous, perhaps for the sake of privacy or in order not to sue them, or because they depend on the advantage of decentralization in crypto, I don't have a specific reason for their anonymity, but the anonymous team might be dishonest and they might have done so in order to escape their crime.
this is indeed a quite complicated problem. on the one hand, maybe the anonymous team wants to maximize decentralization, but on the other hand, if the project is not really strong it will be difficult to get investors' trust. your attitude is good, care is needed in this ecosystem. we must really know what we will make an investment. if in doubt it is better to leave.
Of course, it cannot be the same as bitcoin, which despite having an anonymous team has survived to this day. unfortunately, many take advantage of this anonymity as a way to disguise fraud from being traced.

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November 01, 2020, 03:30:18 AM
 #65

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?

It should be all of us, but with a few exception remember Nakamoto is anonymous but if the project is going to ask money and they are holding a very huge portion of the supply and it'sd already in the market and they are active, there will always suspicion that they are goign to make a dump and run away, like Ethereum and all the other coins people are aware on who they are and what are htere capability, and of course you will be comfortable investing on this kind of project.


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November 01, 2020, 07:20:26 AM
 #66

I don't like anonymous team too because it will be damn too easy to exit scam and no law can hunt down such team since we don't even know how they look like lol, I always feel like anonymous teams have something they are hiding. I might be wrong but that's just how I feel.
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November 01, 2020, 05:36:29 PM
 #67

Team is the heart of a project. The success of a project depends on the team. If the team is anonymous, then investors and participants will lost hope with that project. In fact, the projects has anonymous team is more likely to be a scam project. Also many scam project use fake profile, picture of team members. So I think it is better to stay away from anonymous team.
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November 01, 2020, 05:45:40 PM
 #68

I think that anonymous developers in different projects are not bad! What difference does it make if the project works and is not scam? I know some good projects with anonymous developers are NEM and Komodo... And both of these projects are working!

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November 01, 2020, 05:51:49 PM
 #69

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?

Anonymous team in one project can't be trusted because mostly this project turned to scam. And how investors would trust and invest in a project with anonymous team, it's too risky.

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November 01, 2020, 06:01:43 PM
 #70

Team is the heart of a project. The success of a project depends on the team. If the team is anonymous, then investors and participants will lost hope with that project. In fact, the projects has anonymous team is more likely to be a scam project. Also many scam project use fake profile, picture of team members. So I think it is better to stay away from anonymous team.
absolutely right, when some people make a projects, it means that the project must create products. if we see the projects with the anonymous team member, we don't know the team capabilities, histories and experiences. are they capable to create the products or not ? if they're not, i'm sure the projects will be abandoned, then turn become a scam project.

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November 02, 2020, 05:40:34 AM
 #71

They have project that have annoymous team but they are legit because maybe they want their privacy but mostly of the annoymous team who have project are possible to become scam it's because people will never get idenity to them that can use against them but there is project are not annonymous but it still scam it depends to the purpose of the team but I suggest to invest to the team who is not annonymous for more chances that it legit.

While it is true that even the teams who have put out their teams have run away with investors money , the likelihood of it happening is very less and there is a chance that you can take legal action on them. But on invisible teams it's gone forever .

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November 02, 2020, 05:48:21 AM
 #72

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?
Anonymous team is Annoying. Now a days, too much project using anonymous team. Personally i Don't like such project. Also too much scammer using this method. Now it’s difficult to found a real project.
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November 02, 2020, 06:25:57 AM
 #73

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?
I guess any team can be anonymous if they will to hide their personal info, however I'd never invest in any anon project.
And I assume most if crypto investors are the same
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November 02, 2020, 06:44:53 AM
 #74

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?
Anonymous team is Annoying. Now a days, too much project using anonymous team. Personally i Don't like such project. Also too much scammer using this method. Now it’s difficult to found a real project.
It's caused by the project has intended to be a money grabber. Remember a trusted project will always become very transparent about all of the things that will build the trust by investors.

It's started from the code, team, partnership, product, and many mo.
The anonymous team has a very big change to be exit scam project. In the last quarter, we have seen so many scam projects came from the anonymous team. It's also quite difficult to trace the scammers when it's not revealing its own identity.
A project already created by anon team was a scam.

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November 02, 2020, 09:48:05 AM
 #75

Remember the creator of bitcoin is anonymous, I think not right to judge the project as scam because they have only anonymous team, because there are many projects before that the team are not anonymous but in the end still scam and vice versa. So what is the difference between they have anonymous or  not anonymous team, if they have desame scam projects? i think the best way to avoid scam project is to do a research and do not invest your money if your not 100% sure of project legitimacy.

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November 02, 2020, 09:52:32 AM
 #76

Why would I judge a project because their teams aren't visible on their websites? Tons of big crypto projects have anonymous team members, this shouldn't be a problem unless you are looking someone to blame if things go wrong, you will be fine if you do your research right.

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November 02, 2020, 10:13:21 AM
 #77

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?
Anonymous team is Annoying. Now a days, too much project using anonymous team. Personally i Don't like such project. Also too much scammer using this method. Now it’s difficult to found a real project.
There is nothing wrong with working with projects an anonymous team however the entire cryptoshphere is bedevil-led with scammers whose actions had discouraged potential investors that is why we have to be watchful of the type of anonymous project, trust issue is at stake, blockchain is anonymous without ant team however it is decentralized and transparent.

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November 02, 2020, 10:47:13 AM
 #78

Yeah anonymous team is one of the first material of every rug , Since they cant be followed by police or governments and I haven't seen any team with specified team members rug , I would rather to stay away from unknow team projects , some of them like Bitcoin are still working but most of them are just frauds , It is like a jungle out there and newbies could swallowed very fast , every some very professional traders some tomes get scammed , Do you remember what happened with succiswap on binance?
The best thing i can suggest to a newbie is to trade only with top 10 coins in CMC for no rug risk and less volatility .
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November 02, 2020, 11:32:57 AM
 #79

Are there still chat groups or other social media that you can contact to just ask questions about project progress? if yes, I think it is reasonable but if not, I don't think you should continue with the project. It's dangerous if you follow a project whose team is anonymous and you don't know how they work.
the devs are anonymous but the rest were expose because how will the investor know when the infos are hidden or simply not available ? with that said , if they have telegram and you can see what they are posting in thier groups , asking question will surely give you a response but these are just simple  .

they can give automated answers and if you ask them thier pic , they can also give fake pics to you .  if you can invest on non anonymous projects why not and why will you still pick this one .
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November 02, 2020, 02:24:51 PM
 #80

The team is the most important part of a project, I also always look at who the team is behind the project. If they don't make it public, it will make me less trustworthy and uninterested in investing.

Yes definitely agree with this one cause they are the one who are running the project, once the team disappear in the middle of success of the project it will collapse quickly and won't be able to recover anymore. Most the projects promotes transparency, how come this hiding team's identity becomes transparent especially for their loyal supporters.
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November 02, 2020, 04:28:15 PM
 #81

easy, if you doubt it then you shouldn't get involved in it. I suggest that you follow another project that you think is safe no one forces you to do it, but if the aim is to investigate the project further so that no one becomes a victim of fraud, then that is an honor.
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November 02, 2020, 04:40:43 PM
 #82

I'm sure that 99 percent of the time the team's anonymity says only one thing - that this is a potential scam. No other factors play a role here. There are certainly some exceptions, but these are the rarest cases. Usially this is always a sign of possible fraud.
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November 02, 2020, 05:44:52 PM
 #83

Almost all projects are doing this except some projects that is fully registered and comply with the financial regulation of the country in which they are based. The reason for this is that many of this projects are being carried out by some team that already conducted a known project that is already dead but keeps pushing for another new projet. Some also do this with the aim of scamming investors
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November 02, 2020, 05:51:59 PM
 #84

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?

projects with anonymous team are mostly scam. And what the scammers can say is only showing monero project or telling bitcoin is also created anonymously. bullshit. anonymous team = possible scam.

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November 02, 2020, 05:55:09 PM
 #85

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?
You have already answer your question: they have something not good for investors. Some projects without teams do succeed but not much does and most of them went into the dark-shortly after they mopped investors funds into their confers. Most of these cryptocurrency projects that has disappeared are likely to be operational under the scope of not disclosing their team, so, don't invest on a project which don't agreed on displaying of team publicly.

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November 02, 2020, 06:00:07 PM
 #86

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?

most of the times (take a look on scam accusation board) anonymous teams have been caught scamming people Sad
However this is not the only signal to check before trust any new product or idea. I know it can be useful but I have seen good projects even with no public team member, so this should not be the only rule to follow. Also note, scammer could launch a project with fake people or just profile created ad hoc in linkedin.

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November 02, 2020, 06:37:45 PM
 #87

I definitely agree with you, 99% of the projects that have an anonymous team will likely to end up scamming the investors money or they will just abandon the project if they
already achieve their goal.

It is very easy to exit if the identity of the project creators are anonymous, so I really hate those projects that have an anonymous team even if there are very few who
become successful or still continuing their operation without any problem. As a conclusion, I hate those projects that have anonymous team and I will avoid them at all cost just
to avoid facing any problem in the future.

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November 02, 2020, 07:49:35 PM
 #88

Don't do it, a project with anonymous team are probably scammers, team information is very vital, this is a way of knowing how capable the team will handle a project, if you can't find any information about the team then you are alone in the dark on this one, this ain't year 2012 where majority of altcoins without team still performs better

Do you think Bitcoin had the team members revealed at its inception? Till date no single person knows who Satoshi Nakamoto who is believed to have established Bitcoin is but that has not stopped Bitcoin from getting to where it is today. I do not think that not knowing team members of projects is a bad thing or a big deal.
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November 02, 2020, 08:43:14 PM
 #89

It depends on what kind of project it is really. If an anonymous source creates a coin that solves real problems with scalability and the code is all open sourced there's nothing to fear. But for projects that require trust in a team of people to be a success and they are anonymous, I will never risk my funds on something like that.
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November 02, 2020, 08:56:39 PM
 #90

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?

Well, the era of the anonymous team had long passed.  Almost all project that is proposing crowdfunding now have their team members show their identities, capabilities, and academic status.  So whenever I see a project that offers to crowdfund but hides their team identity, I get suspicious of it.  Without any identity behind a project only means that they are free to run away with the investors' money.

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November 02, 2020, 08:58:23 PM
 #91

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?
I have always said this that if you have a bad feeling about a project during your due diligence phase just stay away from such a project.
This bad feeling can be due to hidden team, bad interface, incomplete website, whitepaper or roaadmap..
In the end it is your own decision but these signs can definitely save you from loss if you make the right decision.

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November 02, 2020, 09:00:38 PM
 #92

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?

for now its better to stay away to a new crypto project with anonymous team,
because most of new project with anonymous team scam now

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November 02, 2020, 09:05:46 PM
 #93

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?
No doubt that anonymous team is not sugegsted for a new project. Infact, most people will take it as a red flag so why would a professional project do such a thing? There are not many legit reasons to justify this. So i reckon anonymous kind of projects are mostly scams that intend to raise funds and disappear. So do report them as soon as you find such projects.

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November 02, 2020, 09:09:42 PM
 #94

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?
I have always said this that if you have a bad feeling about a project during your due diligence phase just stay away from such a project.
This bad feeling can be due to hidden team, bad interface, incomplete website, whitepaper or roaadmap..
In the end it is your own decision but these signs can definitely save you from loss if you make the right decision.

You have to be more specific, if the team are hidden then who you going to blame once scam happened? there's nothing you can do so better to

avoid participating or investing to such project like that, there are many available project that have good back up teams they already developed

and established their name inside this industry, if you plan to support or invest the chance is more higher than those who are hiding.
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November 02, 2020, 09:09:55 PM
 #95

it is very impossible to trust a team that is not anonymous, for me the transparency of the team in a project is of course very important, although not a full guarantee, but I know that a good project always has a good team & Dev performance and is also transparent.

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November 02, 2020, 09:55:34 PM
 #96

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?
I think for me this makes the decision making easier. When i was very new to online business and marketing i thought why would displaying real people behind every new project matter because online it can be anonymous especially when it comes to crypto based projects but after making some loss i realized eacha nd every factor makes a difference so i try to skip a project if i get something negative or bad and i take anonymous project as a negative too.

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November 02, 2020, 09:58:55 PM
Last edit: November 02, 2020, 11:24:49 PM by seleme
 #97

it is very impossible to trust a team that is not anonymous, for me the transparency of the team in a project is of course very important, although not a full guarantee, but I know that a good project always has a good team & Dev performance and is also transparent.
I don't agree, there are many established projects with an anonymous team and their projects are on the top lists of investors. Anonymous projects also provide a privacy advantage for different types of purposes, the governments will not able to ask for the project data simply. The working product is more important rather than the known team members, if the project has a vision the rest can be done somehow. Anonymous team members can be tracked too by the state security organizations but someone should have strong evidence in order to convince the government boards.

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November 02, 2020, 10:04:28 PM
 #98

I'm not a fan of anonymous teams either, cus knowing the team behind a project is really important, so if a team  decides to stay anonymous, then it's better not to invest in such project, investing in project with an anonymous Tema is just like giving a stranger a huge some of money and expecting it back, there's no way that's going to happen, cause the strange would definitely run away with your money, and there is no way you can trace and get back your money, so always avoid investing in projects with anonymous teams it's as good as throwing away your money.

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November 02, 2020, 10:06:28 PM
 #99

it is very impossible to trust a team that is not anonymous, for me the transparency of the team in a project is of course very important, although not a full guarantee, but I know that a good project always has a good team & Dev performance and is also transparent.
I don't agree, there are many established projects with an anonymous team and their projects are on the top lists of investors. Anonymous projects also provide a privacy advantage for different types of purposes, the governments will not able to ask for the project data simply. The working product is more important rather than the known team members, if the project has a vision the rest can be done somehow.

Only few projects with anonymous teams are still alive today. But most new projects employing anonymous teams are created to collect money for their pockets. A lot of them disappear into thin air once they got their funds. Though there are still few of them that really do achieve their objectives without disclosing their identities but you need to watch out also about their development plans.
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November 02, 2020, 10:37:15 PM
 #100

I will also immediately avoid projects with anonymous teams, because legit projects usually have a real team and show their faces
and social media links. So we can see the project team's profile, because choosing projects with an anonymous team is very risky.
The possibility of these projects scams is very large, after all I cannot accept any reason for projects with anonymous teams.

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November 02, 2020, 10:41:20 PM
 #101

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?
I also dislike those projects who hides their identity. It is risky to participate in projects like that, that is also suspicious in our end that they don't want to give the identity of the team. We should avoid this kind of project because they can easily make their way out anytime they want to.

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November 02, 2020, 11:57:24 PM
 #102

I will also immediately avoid projects with anonymous teams, because legit projects usually have a real team and show their faces
and social media links. So we can see the project team's profile, because choosing projects with an anonymous team is very risky.
The possibility of these projects scams is very large, after all I cannot accept any reason for projects with anonymous teams.
Bitcoin started with Satoshi but everyone trusted him and that is where the anonymous teams started to arise citing this example and the scammers started to join the same method and now no one trust a team with anonymous members because we have seen billions of dollars to scammers and we need to be careful and think twice before investing in any project.
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November 03, 2020, 08:10:38 AM
 #103

If you have a doubt in the project because its has an anonymous team don't invest. You can try to do your own research about the project before investing so that you will not get scam.
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November 03, 2020, 08:21:57 AM
 #104

Be prepared to do deep research more on projects with anonymous teams, there is high chance that they are in hidden to exit scam easily, some projects since 2018 has anonymous team but they are still alive and well functioning, just make sure you do good research

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November 03, 2020, 02:21:10 PM
 #105

Be prepared to do deep research more on projects with anonymous teams, there is high chance that they are in hidden to exit scam easily, some projects since 2018 has anonymous team but they are still alive and well functioning, just make sure you do good research
well, I totally agree with what you said and what's worse is that this year there are a lot of DeFi projects that we don't know who the team behind the project is, including YFI and YFII coins that don't seem to provide information on their team, as said by the founder of Binance said that he did not know who the owner or team of the YFI group was, it was terrible to see a coin like this that would have a very high risk because there was nothing the team could know from this project.

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November 03, 2020, 02:26:07 PM
 #106

There is nothing wrong in being uncomfortable when you invest in projects with anonymous team. Just look at the number of projects that are popping up here and there with so called anonymous team. How many of them has succeeded? How many of them did "not" scam their investors? I would say all those projects that are saying that their privacy matters are just using privacy as an excuse to anonymously scam people. What is wrong with showing your identity (except for few cases)? You would be likely safe if you don't scam or screw your investors.

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November 03, 2020, 02:27:51 PM
 #107

moreover an anonymous team, a team that has a clear member if you want to cheat will definitely keep going,
with a start that persuades investors to invest, and eventually they will run away with the money they get.
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November 03, 2020, 04:25:50 PM
 #108

I don't have problem with anonymous team, I'm into most projects for quick gains, I've even witness some earning big from scam projects before they actually exit scam, it's all about the project use case itself, either anonymous or not you can still become a victim to scam.

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November 03, 2020, 05:18:43 PM
 #109

I don't have problem with anonymous team, I'm into most projects for quick gains, I've even witness some earning big from scam projects before they actually exit scam, it's all about the project use case itself, either anonymous or not you can still become a victim to scam.

But between anonymous and not anonymous you have an idea where these scammers are located and they can be reported in their respective countries, on anonymous its like giving your money to unknown people and hoping that they will not scam you, gone are the days that developers will come here and ask money and they will continue developing the project but now we have so many people acting like developers who really are not.

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November 03, 2020, 05:34:44 PM
 #110


there are some projects that are still successful which its team is anonymous to its investors, i'd be willing to invest if its already on the exchange. projects like VEIL or GRIN because they are already on the exchange but will likely not join if its new and doing a campaign here in the forum. there is just higher chance for you working for weeks and then not getting paid.










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November 03, 2020, 06:24:53 PM
 #111

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?

Who invest in such creepy projects in the first place? Oh right, those who want to burn all their money and gamble away with it. Why will anyone in their right thinking mind, invest in a coin with no team???
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November 03, 2020, 07:38:40 PM
 #112

of course the opinions of people differ. I also dislike invisible teams, the impression they don't want to be known and make people think badly about them. some people will probably ignore it but it just doesn't look good.

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November 04, 2020, 11:06:19 AM
 #113

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?
Simply and easy way of understanding..

Why would they need to be anonymous when they need to run a company?

Team members or company Owners need to be known to gain attention and trust from the Investors


Come to think of that and you will find why Trust a team that don't wanna be trusted?

I'm thinking that those projects in 2017 and 2018 that turned scam are making a comeback and they don't want to expose their faces again since this forum is capable of bringing up their misdeeds of the past so the only way is to go anonymous
Eventhough they are from what year and not have scamming history here,Yet they need to be Broadcast and no reason to Hide their identity.
They have every reason to hide their faces if they've scam the audience before, there are few use cases on crypto space that can't be judge if the team are anonymous, for example Privacy tokens or coins, what do you think would happen if we all know who the real satoshi nakamoto is? There is possibility that governments would have go after him before 2017 became a big year for crypto.

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November 04, 2020, 11:25:45 AM
 #114

honestly projects without team member couldn't be trusted unlike before wherein the team stays anonymous but still provide a really great product but in our current situation some team member that is anonymous are mostly scams and just hiding their identity so they could easily run with the investors money.

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November 04, 2020, 12:24:34 PM
 #115

I don't like team hiding their faces from their investors, how will they gain strong community support if they aren't transparent? There are few good DeFi projects that I saw but because their teams are anonymous I don't have the gut to develop any interest no matter how good their use case is.
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November 04, 2020, 01:01:01 PM
 #116

Me too, If they don't have any dirty little secret why would they hide?
Seems like most of the scam projects have unknown teams that made me suspicious of any kind of project with an unknown team, I would rather invest my money in somewhere that I know who would hold it so that I can go to the police in case things goes wrong.
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November 04, 2020, 02:51:33 PM
 #117

I don't like team hiding their faces from their investors, how will they gain strong community support if they aren't transparent? There are few good DeFi projects that I saw but because their teams are anonymous I don't have the gut to develop any interest no matter how good their use case is.
Yes, the team that hides their faces is a team that is less professional in general, because they are very afraid that their faces will be known by many people when they want to cheat suddenly during the project journey, so it is better if projects with such teams are avoided if we have lots of doubts about it.
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November 04, 2020, 03:14:13 PM
 #118

If you understand codes, it doesn't matter if any team is visible in cryptocurrencies.
If you believe that there is a fraud in the code, you will not buy the token of this project.Besides, there are many parameters.
If you don't like websites, you won't invest in the project.
If you don't like marketing strategies, you don't invest in the project.

In most projects, the team is obvious, but you can still lose all your money.
The project itself is important.
It doesn't matter who you have on the team.
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November 04, 2020, 03:31:26 PM
 #119

There are many users become a victim of fraud project so this post is really helpful to all crypto users not to trust easily the project. Especially a newbies a lot of experience of scam an anonymous team so it is necessary to know whose behind the project.
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November 04, 2020, 03:33:52 PM
 #120

If you understand codes, it doesn't matter if any team is visible in cryptocurrencies.
If you believe that there is a fraud in the code, you will not buy the token of this project.Besides, there are many parameters.
If you don't like websites, you won't invest in the project.
If you don't like marketing strategies, you don't invest in the project.

In most projects, the team is obvious, but you can still lose all your money.
The project itself is important.
It doesn't matter who you have on the team.
code if you do it yourself to build a project it will be very difficult, at least the programmer needs a concept that can be used as a benchmark for him to do coding, so that they complement each other and programmers don't think about the concept anymore because thinking about code is already very difficult.

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November 04, 2020, 03:47:54 PM
 #121

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.
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November 04, 2020, 04:04:08 PM
 #122

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,

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November 04, 2020, 04:07:55 PM
 #123

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.

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November 04, 2020, 04:27:17 PM
 #124

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.

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November 04, 2020, 04:53:48 PM
 #125



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.
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November 04, 2020, 04:56:37 PM
 #126

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.
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November 04, 2020, 05:01:27 PM
 #127

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.

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terizla
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November 04, 2020, 05:11:50 PM
 #128

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.
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November 04, 2020, 05:51:53 PM
 #129

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.

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November 04, 2020, 05:59:00 PM
 #130

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.

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