Hidden team members or not make any difference?

[jrrsparkles]

Project team doesn't really matter if they are willing to give a complete product but when we call ICO they are raising money but bitcoin or ither anonymous coins are not premined they were mined using the miners which is not the case with tokens that is why they are scammers.

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[bttmember]

There are various kind of old crypto projects that has no team but still they are among the best projects today, I believe this happened because many old projects followed the footstep of Bitcoin, bitcoin would have been in tougher situations if the team or ceo is public I believe but today it's a complete different story or should I say experience? Since the birth of ICO we've seen tons of scam projects that aren't scared of revealing their faces even when they knew they are going to exit scam on investors fund, so for me hidden team members or not still doesn't make a difference..

I do not think that there are many projects that are successful with hidden or anonymous teams, a few projects can be there but you see from top 100 there will be only 2 or 3 such projects while all others have active and open teams which makes it easy to decide that projects with open and active teams have more chances of success nowadays.

[enhu]

There are various kind of old crypto projects that has no team but still they are among the best projects today, I believe this happened because many old projects followed the footstep of Bitcoin, bitcoin would have been in tougher situations if the team or ceo is public I believe but today it's a complete different story or should I say experience? Since the birth of ICO we've seen tons of scam projects that aren't scared of revealing their faces even when they knew they are going to exit scam on investors fund, so for me hidden team members or not still doesn't make a difference..

did you just promote projects that have anonymous devs? Wouldn't it be more reassuring to invest your money if you know the team behind the project? IMO, it's an important factor for a project. It would also be more convincing if the team aren't afraid to show themselves.

Yes the are more convincing specially if the team members has the repurtaion connected t other projects too.

But I wouldn't mind as long as I can see a product that is very much developed. There are several projects with anonymous team. We've seen many projects where team members had showed thier faces including youtube videos but they still scam their investors.  

[Golftech]

Project team doesn't really matter if they are willing to give a complete product but when we call ICO they are raising money but bitcoin or ither anonymous coins are not premined they were mined using the miners which is not the case with tokens that is why they are scammers.

Those developers choose to make it easier, offer ICO / IEO then after collecting the funds they just runaway with the money, complete different from how bitcoin and anonymous coin as they provide usages first and allow people to share everything by means of mining. Even they've hide behind the project it's still exist and continuously being used.

[reallester]

Project without has a higher probability of turning to scam or worst development. If you're comparing those with BTC, then it's wrong. And that's why we see alot of deflationary and defi tokens without team pictures.
As funny as it may also sound, projects with team could also be fake and one could get scammed it proper research is not conducted before investing in such project.

[kingzpro]

There are various kind of old crypto projects that has no team but still they are among the best projects today, I believe this happened because many old projects followed the footstep of Bitcoin, bitcoin would have been in tougher situations if the team or ceo is public I believe but today it's a complete different story or should I say experience? Since the birth of ICO we've seen tons of scam projects that aren't scared of revealing their faces even when they knew they are going to exit scam on investors fund, so for me hidden team members or not still doesn't make a difference..

That makes enormous difference to be honest.
I have seen sophisticated investors pouring in big amounts of money in a new project just because they know the team or they fully trust someone in the team just because of his previous works, qualification and experience so how can you even say that hidden teams do not matter? Good teams really add credibility and confidence in a project that are highly required by all new projects.

[Bitstar_coin]

It does make a difference in my opinion,  why keep team hidden if they have nothing to hide!  Anytime i come across a project with hidden team even though they have no reason to do so, I just see them as shady, a possible red flag that people should be weary of, I don't see the point why team members should be hidden, they should be proud of their project and reveal their identity so that everyone can see the brains behind the project and not hidden away like some criminals.

[tycsols]

There are various kind of old crypto projects that has no team but still they are among the best projects today, I believe this happened because many old projects followed the footstep of Bitcoin, bitcoin would have been in tougher situations if the team or ceo is public I believe but today it's a complete different story or should I say experience? Since the birth of ICO we've seen tons of scam projects that aren't scared of revealing their faces even when they knew they are going to exit scam on investors fund, so for me hidden team members or not still doesn't make a difference..

How you can say that there is no difference? To let you understand i will post a scenario here where you can see why it matters.
For hidden or anonymous teams that are run on proxies and vpns if the projects fail or are unable to achieve the expected results then they can easily exit scam and we have seen dozens of such cases. While with clear, transparent and real teams owned projects even if a project reaches to such a point where there is no way forward the team before closing distributes all its holdings with the investors and token holders or we have seen liquidations where investors have received full or partial refunds. So teams really matter alot.

[lienfaye]

It does make a difference in my opinion,  why keep team hidden if they have nothing to hide!  Anytime i come across a project with hidden team even though they have no reason to do so, I just see them as shady, a possible red flag that people should be weary of, I don't see the point why team members should be hidden, they should be proud of their project and reveal their identity so that everyone can see the brains behind the project and not hidden away like some criminals.

There are few reasons:
-The project is scam from the very beginning.
-They dont want to expose themselves and wants to maintain anonymity.
-They are afraid to be blame once the project fail so opt to be hidden.

Transparent team is indication of real and not scam project.

[Gvent]

There are various kind of old crypto projects that has no team but still they are among the best projects today, I believe this happened because many old projects followed the footstep of Bitcoin, bitcoin would have been in tougher situations if the team or ceo is public I believe but today it's a complete different story or should I say experience? Since the birth of ICO we've seen tons of scam projects that aren't scared of revealing their faces even when they knew they are going to exit scam on investors fund, so for me hidden team members or not still doesn't make a difference..

I think everything is much simpler
previously, projects were created with some practical purpose
in order to solve some problem and help people
no one set the main goal first of all to make money
 which is why the projects turned out to be so strong
now, each project is created only for the purpose of earning money and does not have any practical goals

[tracyhayley]

There are various kind of old crypto projects that has no team but still they are among the best projects today, I believe this happened because many old projects followed the footstep of Bitcoin, bitcoin would have been in tougher situations if the team or ceo is public I believe but today it's a complete different story or should I say experience? Since the birth of ICO we've seen tons of scam projects that aren't scared of revealing their faces even when they knew they are going to exit scam on investors fund, so for me hidden team members or not still doesn't make a difference..

a few years ago, old coins need to mine to get it. we don't really concern about the team member. so yes, they follow the bitcoin footstep. you just simply invest your money on mining hardware, then you can mine various coins with that to get ROI and profits. but these days there are so many ICO, you risk all of your money on that. so you need to know that the team is not fake and the companies location is real so that you won't get scam.

[xiboothrezi]

Transparency of the team or developer in a project is very important, so I think that transparent team members have positive values or at least can convince investors. If the team is hidden, not transparent, let alone no experience in managing previous projects, then I personally am very hesitant to invest in it.

and if the product is not really good and promising, let alone insufficient funding, then investors will hesitate and the community will find it difficult to develop.

In fact, it doesn't matter if the identity of the development team is kept secret, to maximize decentralization. As long as it can really provide evidence that the project is legitimate and profitable. I am sure, if the product is good then the market will be interested. Especially if you are successful in working with other large projects that already have market power. Convincing investors is the key.

[Coin-1]

The fundraising industry is full of fraudulent schemes nowadays, so team transparency matters. Investors should know who they give money (or coins) to. If the team commits an exit scam, investors can apply to the police and possibly find these thieves.

But sometimes, team members post fake photos or credentials and claim they are legal in the local jurisdiction but their company does not really exist. Hence, it is necessary to make research on the project and check the social media profiles before investing money or participating in any campaign.

[X-ray]

Project team doesn't really matter if they are willing to give a complete product but when we call ICO they are raising money but bitcoin or ither anonymous coins are not premined they were mined using the miners which is not the case with tokens that is why they are scammers.

Project team matters a lot. Even when you were saying that if they can give complete product and that doesn't mean the project will be last forever. i should remind you about what happened with sushi coin. The developer who has been creating it wanna try to leave from the project and take a lot of money with him.
It's very sad to see that even the product can be used by the scammers as a way to lure the investors. That means the identity must be revealed to make sure we will get information about the team to take a legal action when it has become a scam project.

[Genemind]

The anonymity of the team doesn't have anything to do with the whole project. As you have mentioned, there are a lot of successful projects that have an anonymous team. It all depends on the utility of the project, marketing, and how committed the team is to bring the project's full potential.

[michellee]

The anonymity of the team doesn't have anything to do with the whole project. As you have mentioned, there are a lot of successful projects that have an anonymous team. It all depends on the utility of the project, marketing, and how committed the team is to bring the project's full potential.

Indeed. It's about how the project can serve the investor and people and work hard to reach their goals. Without having a solid team, whether the project has an anonymous team or not, they can not reach what they want, and their project will not grow.

We don't know if the team that shows their members to the public is real or not because not many people can check where they lived and their office. We only know that they have a bunch of images of their members, the profile on social media, but we never know which one is real and which one is fake.

[SektorPiii]

There are so many ways to identify scammers, I will not list them here, there are many topics on this topic on the forum. There will always be Scam projects, unfortunately, you can't do anything about it.

[adzino]

By hidden I guess you mean anonymous team? Well, it does make a huge difference. People would hesitate a lot when trying to invest in projects when they know nothing about team behind it. At least when knowing who are working on the project, they will be able to decide if they are going to scam or not. Its like if libra (dead) was being developed anonymously, people would highly likely call them a scam. But, knowing that facebook is developing it, people will want to invest in it (not even sure if libra is still alive).
That being said, those project with team members known publicly doesn't mean that they won't scam.

[Slingshot]

Some anonymous projects does well but with the market that's this fear that hidden team members can easily be scam project and some exchanges do not lost projects without team members for security purposes but this Defi projects are being listed inany Exchanges these days without team members. Team or no team any project that wants to do well will but team shows more transparency. Though lots use to use fake members.

[usekevin]

it depends on the team members and their background. You should look for supporters and sponsors. There are many things that makes a successful project one of them is team members and their dedication towards their project. More people are checking for these things before investing in any project.

Sometimes we can find the team member and marketing of the project.You should read the whitepaper of the project. So that you can get a true knowledge about project. It will called as background verification. It's must and important one before investment. Some project are fabricated one to steal the people money. You should inverse on best coin to get good profit from it.