Hidden team members or not make any difference?

[tvplus006]

If the purpose of the created project is to deceive investors in order to get a profit, then you will never see the real project team. In cases when we see that a project with a real team becomes scams, then this is obviously due to insufficient work to promote the project and the lack of investors who would believe in the project.

[1714946195]

1714946195

[lienfaye]

If the purpose of the created project is to deceive investors in order to get a profit, then you will never see the real project team. In cases when we see that a project with a real team becomes scams, then this is obviously due to insufficient work to promote the project and the lack of investors who would believe in the project.

Indeed. Most likely a project with hidden team are scam, they will not reveal their own identity and so they cant track down.

On the other side a transparent team has an advantage for investors to determine if this project is legit and wont go away with investor's money.

Nevertheless it depends on the project, because with transparent team or not as long as the project has potential and not a shit project then it will likely to succeed specially if there's a support from the investors.

[yslyv]

satoshi has disappeared. but that does not mean that it is normal to launch a project anonymously. if a project is strong enough, why would the team hide them selves? What is the reason to do this? to rug pull?

[darkphoenix2610]

What's the reason behind why they hide their team members? From that thing, it's kinda doubtful already. In taking a good project knowing the team member is a must. In such a way you can determine whether the project is legit or not. Though there are projects that hide their team members and it's still legit and successful.

The whitepaper, the roadmap must be clear at least to consider a project hiding their team members.

[escalante28]

This is no difference in having anonymous team members, the thing is what is the main agenda why they need to hide their team members when running a project. It is very important for a project to show their members in order to know if they are trustworthy ones. Otherwise, 97% of the project is a scam or they have the plan to run away after.

[laredo7mm]

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..

There are various factors that we should consider when finding a good project. A project has a good team that doesn't mean it will be very good but the existence of strong team members is essential for project success. The concepts behind the project, Their future plan, Funds source for project developments, activity in social media, Marketing strategy should be good as well.

[coin-investor]

Hidden team that ask money for their platform is a big no no now, we have seen in the past how these developers run away with investors money, they promote themselves like Satoshi Nakamoto but in reality they are scammers who's only plan is to scam people by creating fake projects, they cannot make alibi that they want to be Nakamoto anymore, because in the first place Nakamoto did not ask for money.

[el kaka22]

This is exactly the right reason and right logic as well. I do not like it when teams have too much coins and I do not like it if they promise something in the future, but if that is not the case it is fine. What happened with bitcoin and early crypto was the fact that people developed it and they published it and that was it, after that creators had no power at all, look at satoshi for example.

However after a while that changed, and project owners started to say "buy my token from me and I will use that money to make the coin better in the future" and that is just a business, not a crypto currency, after the public release there should be nothing the team should be responsible for. These days the high level of tech involved in defi allowed project owners to just let people use it, they publish it and they do not have to add anything else, that is like the old days.

[Saisher]

It used to be when Ethereum smart contract is not yet existing, there was no crowdfunding back then, and distribution are done on true airdrop and you can buy it only when it hit the market, the chances to lose is very low, but now we have so many unknown people asking for money to run their business if they disappear you have no one to run after because you did not even know their location.

[bakasabo]

The main reason the project team is hiding or anonymous is just one thing, which is trying to set a trap for investors who still lack experience in viewing projects and investments, I think that's the only reason for them.

Really ? Satoshi Nakamoto is still one of the most anonymous persons in the world. His product, Bitcoin is used in all the world. Is Bitcoin "a trap for investors" ? Even if the team is seen, in case of being scammer, few will really try to sue or do anything with the team.

I've bought altcoins from both, hidden team or had them revealed projects. In my experience, it does not matter. I've failed and succeeded with both cases.

[Byakuga]

Hidden teams or not many of them new projects are scam, crypto space have turn into scammers den since 2017 and only very limited project teams are caught by the law, majority of these scammers are still here today hiding in dark shadows and still continues to prey on crypto investors, teams going public doesn't mean they have good intent, we need to be very vigilante

[b1k4ng]

Of course it's different because seeing a project that has a team that is displayed will attract more investors, those who are anonymous will be very difficult to convince investors, it's all because the ICO ended up being a scam (which didn't feature the team)

[Josefjix]

Hidden team members are always dubious or they had a project they used in scamming investors before coming out with a new strategy and they could be apprehended easily by the government so, they mostly hide behind the anonymity, I have never seen any rational reason why a team who plans to implement a good project would resort to seeking funds and hiding it's identity.

[illnino]

Projects with team or without team as long the project is sketchy from white paper to its software, its the same.

Compared before, projects were focus in building and all open source without asking investments just donations, and community driven since most of them are pow, but soon as ICO was created then it become safe haven of scammers, such kind of asking money in exchange of the coin getting trade with promising value but it didn't even touch a single exchange in the end, even if it did, it only list on scam crappy exchange.

How can a project exist without a team? The team consists of the guys, who work out the project. Otherwise, it will never work. One person cannot have knowledge about everything that is needed here for a successful work. It is possible only, when guys take effort together.

[The Cryptovator]

To be honest, team photos aren't important for a truly decentralized platform. Decentralized means there is no third party control. But due to many scam projects, investors are looking for a potential team. We can't compare all coins with the bitcoin, so if there is a good team behind any project either they use a photo or not, then it's good for investors. But using a fake team means they are a scammer, and there is something bad on their mind who is behind the story. So eventually, I want to say, no matter if there so no photos is the project is doing well. But for the new project, definitely, it's a hard task to say who is good.

[Gotumoot]

It all depends on the project and how the team manage it,
And for me what would be the difference if there are some members that could be shown on their website when they are promoting or in initial offering stage?
We all know that they could easily fake it or give us false information so what would be the difference with hidden team member with those kind of team?

[ije07]

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.

[Zeehaxan]

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..

When considering a new project i do check team members as a priority because i have the right to know that how competent or experienced a team is who will use investor funds.
So personally i will never invest in a project with hidden team members.

[Anyobsss]

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.

[kindbtc]

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 have seen that for many people it does not make any difference even if the team detail is shown or hidden especially many defi projects came up and raised funds without any revealed team.
But personally i do not like such projects and for my personal satisfaction and confidence i only go with projects with teams.