Post
Topic
Board Altcoin Discussion
Re: If an ICO team is anonymous, is it a scam?
by
bitcoindusts
on 27/11/2018, 09:45:45 UTC
..snipped

Satoshi remains anonymous..

Thoughts?

I also agree with this statement - if the team of a specific project is anonymous, then the probability of fraud is too high. Personally, I am fully confident that we should abandon investment in such projects. After all, no one will hide team members, if the project is of real benefit to society and plans to achieve success.

I agree, in order for us to at least lessen the chance of being scammed we should avoid the project that have anon dev.  I am not saying all but most of the scammer exploit the idea of decentralization and anonymous.  As for example a company that created a token or coins for a networking scheme and when asked if they have license to operate, they just reason out about being decentralized thus no need for license which is against the law.  Same goes with anon dev, they say Satoshi is anonymous but the question is, did satoshi asked for an ICO for Bitcoin? Of course no.