Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Breadwinner on October 19, 2018, 12:27:30 AM
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We know so many scam ICO exposed with fake team lately. Just across my mind from defence of scammers. Few scammers defending on scam accusation that some ICO never used team. Also we are not exposing them who have no team on website.
Let me give answer who is like to defend fake team. To be honest Fake team is more dangerous from no team. Because no team already exposed themselves. Investors are able to see there is no team. I will not surprised if they scamed. Because investors known where they are going to invest. So we don't need to exposed ICO with no team as well.
For fake team, they will scamed and divert accusation to others. Becasue they already stolen picture and identity of others innocent people's. So this is a big crime. Investors are not aware about them that they are going to scamed. Because they will see there is a team. If investors mistakely visit their ANN Thread than he will find great team, nice team, experienced team, potential team many more. That's why we need to exposed scam ICO's with fake team.
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Exposing them is the right thing to do but even there are good Samaritan for that certain matter we still unsure that the community in crypto will become aware because there is no good place for this good source.
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Therefore there is a good way to avoid the Paslu Team. First, we must or are encouraged to examine the project team at ICO, the team is solid or not, also check the team work, team targets, ICO Project vision and mission, target markets and others. From there you will know which one is fraud and which is not. I think that's one way.
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If we find an ICO project like that, we should just leave it. Because it has a high risk for a scam. So keep our funds from ICO who have fake teams. And we report it in the group so that not many are victims of fraud.
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If you are not able to check those who will responsible for your money, then there is nothing to complain about. There are many cases when potential investor finds the real owner of photo.
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I think they can use the the other profile but at least we can check the background and check their media social if they really make a blockchain project or not. I know at the moment some people are so easy to use the other people profile but you can try to research them first. And on the other project you can find the anymous team. Its more suspicious too. Better not buying the coin which offer by anymous team especially if you are newbie.
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Both fake team and no team ICO only leverage money from investors which is not a healthy sign for cryptocurrency. We cannot avoid this kind of scams but we can minimize the chance of getting involved in this scams by thoroughly studying each projects and platforms.
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Compared to a fake team, an unknown team is much dangerous. Fake profile and photos can be verified in many ways while unknown teams cannot be verified.
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Both of this is a high risk, No team is like investment without knowing any one to ask question in case of any issue. While fake team is a proper and clear scam.
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When I want to invest in a project I always look at team and check it using telegram (contact direcly members) and linkedin.
Fake team = 100% scam probability so it's very important to spend time to check.
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We should do some research on who are we going to trust are money with, recently we encounter an ICO project upon reading their whitepaper a friend of mine notice that it was just copied from another project after confronting the team behind that ico we also question the legitimacy of the team member,a day after that some photo was replace but the name was still the same. we need to be careful with our investment.fake team and no team is both high risk.
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I think there is no different between these Fake team and no team because they are all the same team which is the aim is just to scam the people. Therefore we should review well if their names are all legit that they can easily found in the Google before joining any ICOs or else your hard earned money will be stolen.
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for me it's better to have no team than having a fake its because the purpose of making a fake team is to scam people while hiding their personalities which is very dangerous to investors that might cause of losing their investment capital and its really too hard to locate the criminal to bring into justice
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To be honest Fake team is more dangerous from no team. Because no team already exposed themselves. Investors are able to see there is no team. ~snip~
I agree with you, fake team will be more dangerous because investors or bounty hunters are possible to be be deceived by the photos. I experienced they made the combination of the team with good way. We must be more careful in analyzing the team members. Know each member by googling the detail information about her/him from valid sources.
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Currently, many fraud projects have fake teams, I will see the team's background and the authenticity of the photos from the project team. If they are fake, the project is certainly a scam, all forms of investment have risks, we must be careful to avoid this fraud.
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A fake team can help scam project to collect a large amount of funds and substitute real people who are really able to create something worthwhile with the help of modern technology!
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First, we must or are encouraged to examine the project team at ICO, the team is solid or not, also check the team work, team targets, ICO Project vision and mission, target markets and others.
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Leaving that out might be the best option that we can get here. No team or fake team is very similar if you ask me, so being aware of the situation that anything can happen while investing into them must be the key idea here.