Yeah. At least, it can lessen the percentage although even there will be a KYC for each member and developer that's involved with the project, they don't care with that as long as they can pursue their personal interest of scamming the people.

But it's a good way to determine if the project is reliable. If you see someone part of the team and you're familiar with his shady involve with different projects, that's the sign that you should avoid it.