So i was reading a few ANNs and came across this.
I saw a few issues with it so i thought i would go to the telegram group to ask about it.

turns out my messages get auto deleted, which i find suspicious.
Doing some research into the team i found it strange to have the same team as matrix and other projects.

now i know its common for blockchain people to advise on several products, but if you hold a high ranked daily job in a company, and also are say the CTO of several blockchain project at the same time is seems suspicious. CTO is a serious role, or no ?
i find it strange that the core team is the same but the CEO(who usually takes the reputation hit from scams) and community manager(who the community relate to and interact with to generate trust) changes for each project, new people being brought in are usually the same people across the projects as well.

another thing i found suspicious is that the same core team is behind icobench, which gave them a high score.
also the people in the core team are mostly people with education in communication, human psychology and marketing which would explain how they are able to give trustworthy answers to questions.

now i am not here to say that this is, or is not legit, but if they had me considering supporting them then they probably will get others to do so and others might not be as thorough.
i am just sharing the experience i had which i felt was important enough for me to actually create and account over just lurking and soaking information.

IF you are looking into investing with FRED i highly advice that you do your homework on them, maintain healthy scepticism towards official channels and make a educated decision.
Now i am sure they will try to discredit my statements because i have fresh account, but you could do your own research or go to the telegram group and try to mention these things and see for your self.

Side note: While writing this post i noticed they also banned me from the telegram group for asking why they delete questions that address real issues, without being judgemental i might add, all i tried to do was have them ensure me that there were no reason to be sceptic. so for me this is a big red flag and the reason i decided not to fund this project.

i see the people behind FRED are active here so they should address this issue, at least to put potential investors at ease, but for me i will be moving to the next one as i can not support anyone who censor healthy scepticism.