Welcome To Crypto Greetings My Fellow Altcoiners

I was having an argument with a group of people, we are all in crypto together so there isn't any need to think maybe they don't know much about crypto yet.

Our argument was based on crypto Startups, that flag off their ICOs or IEOs while team members stay anonymous, and sometimes with obvious fake names and no white paper, and even if sometimes, there's a white paper available, there's obviously no use case for the project's utility token.

Some people don't research before investing,(that's their problem), but those who research and notice all this and still go ahead invest, what do we call them?
I was telling my friends it's absolutely wrong to find such a project and invest and even lure other people into investing, forgetting the possibility that such a project could be runed by scammers.
But some disagree, saying that there are many projects that started off with anonymous team and today, they are super successful, some even used bitcoin as a point of reference, saying people who started bitcoin were never known even till today, and yet bitcoin is very successful,
since I got into crypto, I've never read anywhere where it was stated that Satoshi(who ever he is or they are) ran an IPO, ICO or IEO to raise fund for the development of Bitcoin (I stand to be corrected if am wrong), but this group of scammers will flag off an IEO with anonymous team, under the pretence that crypto is all about privacy, the most ignorant ones will believe and invest and even lure some newbies into investing.
Come to think of, we all know the C.E.Os of the most successful crypto projects in the world today, why didn't they stay anonymous in the name of crypto being all about privacy?? Look at Binance, Ethereum, Tron etc, we all know their owners, why didn't they stay anonymous?
I think the sooner we stop supporting projects with anonymous team in their ICOs and IEOs , the sooner scammers are likely to reduce in the crypto space.

If you are starting a project, and you know you won't be needing money from the general public to run the project, then for me, it's perfectly OK to stay anonymous if you choose to, but if you will be running a fundraising program or campaign, i think it's best you show yourself to the world if truly you have nothing fishy under your sleeves.. My candid opinion.

Ya all can say what ya think 🤔....

Everyone including myself is waiting for ethereum 2.0 to be released, hoping it's release will solve some issues that's been troubling ethereum for some time now which one of the common issues is that of the high transaction fee.

But then, am not trying to Bring negativity here but this thought just came in mind.

What if the release of ETH 2.0 doesn't solve the high transaction fee issue, will this mean the death of ethereum???

First, I have this feeling that the people behind Cryptrust which to me, is a failed project, are the same ones behind Dextrust. (I accept to be wrong but...)

First of all, I was a member of the Dextrust community for some time, I was even wearing their signature but that was because I didn't research well on them before applying to join their campaign, so when I began seeing some red flags, I resigned, here's a resignation letter I submitted on their bounty thread before leaving



 




So some weeks or days ago, Dextrust announced on their telegram group and channel that they are having an AMA on another telegram group called Panteragroup or Icopantera (whatever). see screenshot below









I found a link to the group and joined, everything was fine, in a few days, telegram flagged the pantera group as scam, confirm from screenshots below
















When I saw the above, I took the screenshots, reached out to Dextrust telegram group and posted it with a text to inform the admins that the group they are to host their AMA has been labeled as a scam group, those screenshots didn't last up to 3 seconds, they were deleted almost immediately and I was also banned immediately as well, see below









That was when I started to realize that Dextrust it self might also be a scam waiting to happen, and why I said this is, take a look at this shot I took from their website as i scroll down to team members













When I was still a member in their telegram goup, I asked them why are they not showing their faces? their answer was... " we will show our faces one the project is fully developed" , in other words, they are saying "we want to easily run away untraceable with investor's 4000 eth if the project doesn't develop

I joined their telegram group with my second account with out them knowing and here are screenshot of other participants who asked why their faces are hidden and the answer they got








This guy below was banned without notice for saying his father told him never to buy a cat in a closed bag



 



 



Am not directly saying that Dextrust is a scam project, but with all I've said and posted above, I leave you all to decide for yourselves where you rather invest your time, data and money on.

I rest my case


I made this same post on bitcointalk and am reposting here to create more Awareness , please make a decision for yourself and avoid scam projects .