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Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: PRIBO247 on November 19, 2018, 02:46:43 PM

Title: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: PRIBO247 on November 19, 2018, 02:46:43 PM
When you go through some ICO teams' profile, you will see that they are not available. Some say because they want their privacy but for me I don't see it that way. I think that it is dishonest. What do you think?
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: Shahinaz on November 19, 2018, 03:30:34 PM
it should be if they become a team to be open with the public not to close themselves, if they want privacy it's better not to be a team
but we can also see from the other side as indeed they have not sent photos to the management team when their whitepaper has been published
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: masterrex on November 19, 2018, 04:07:15 PM
When you go through some ICO teams' profile, you will see that they are not available. Some say because they want their privacy but for me I don't see it that way. I think that it is dishonest. What do you think?
Thats shady and a pure scapegoat alibis. And im sure that project will turn into scam as soon as it will raised the desired amount of Money so beware and keep watch avoid those kind of hiding in the dark projects!
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: Fenix on November 19, 2018, 09:44:11 PM
When you go through some ICO teams' profile, you will see that they are not available. Some say because they want their privacy but for me I don't see it that way. I think that it is dishonest. What do you think?
Given such a large percentage of fraudsters among ICO teams, one can almost say with certainty that if the ICO team does not want to appear, then these are definitely fraudsters and it’s better not to advertise their projects. At the same time, investors will look stupid at all if they send their funds to unknown persons, only based on trust.
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: trofim21 on November 19, 2018, 10:26:21 PM
I agree with you that if a company is really high-quality, then it should be all open. All data should be available in real time. We can check their existence at any time. Where the office is and so on.
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: paolobaltimori on November 19, 2018, 11:25:37 PM
I will never invest in an ICO with team that is not checkable. This is one of my RED signal for a possible scam.
If a project is legit there is no reason to hide from public!
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: bettyhill on November 20, 2018, 12:07:49 AM
Well, if I must make an investment, I'll prefer to invest in a transparent company. For all I know, the person or people could be scammers. I can only feel free when I'm sure that I can access them.
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: napster on November 20, 2018, 06:01:18 AM
Well, they are asking for a KYC, right?

It is our right to ask for their identity since we are the investors who are going to fund their business.
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: Abusadeeq6 on November 20, 2018, 06:10:06 AM
Very bad for an ICO not showing their team identity, why would they ask us to do kyc and the teams are yet to show us their real identity. I wouldn't investing in such project
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: hermae on November 20, 2018, 07:15:34 AM
In my opinion, I think that the ico should show their real identity, they should not hide it for the sake of the investors. They should be transparent and honest so that the investors will not hesitate to invest. How can someone trusts these icos if in the first place they are not being honest? So they should be transparent in order to attract more investors.
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: Dynamite on November 20, 2018, 07:26:51 AM
There are something wrong about them because if they are truly wants to enter in crypto they should put their basic information with their image in order to determine whether they are worthy to support or worthy to accuse as one of the big scam.
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: Bhussainn2 on November 20, 2018, 08:16:59 AM
if they want privacy it's better not to be a team
but we can also see from the other side as indeed they have not sent photos to the management team when their whitepaper has been published
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: ZionRTZ on November 20, 2018, 09:51:35 AM
That's ironic if their reason is they want some privacy. If they do not require KYC for their investors and bounty hunters then maybe I can accept that. But given the many incidents of scams by projects with unknown teams, then I guess they should not be conducting an ICO if they do not plan to reveal their identity.
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: yitzjoe on November 20, 2018, 11:19:42 AM
I will find it hard to believe in a team like this because I will really see who is behind the ICO team. if they are hiding then I don't need to take part in the ICO, let alone a lot of ICO scams at the moment
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: Hope15 on November 20, 2018, 11:59:29 AM
You're right, i think it's not an excuse to hide their privacy if they really sincere with their project and to be real for their investors they should show their real image, that's the problem of other ico   project they can easily turn to scam because of that issue no one can know them because they're hide their personal information.
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: izmestievbiz on November 20, 2018, 12:41:34 PM
I will never invest in an ICO with team that is not checkable. This is one of my RED signal for a possible scam.
If a project is legit there is no reason to hide from public!

Absolutely agree! I believe that in such cases it is strictly forbidden to hide the identity of the leadership! Either open the data in the manual, or it is forbidden to conduct ICO!
Title: Re: Is It Dishonest For An ICO Team To Hide Their Identity?
Post by: trauchot on November 20, 2018, 02:26:16 PM
I agree, any company must have complete transparency in front of its investors, because then it will be very difficult for them to reach the heights which they have planned.